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Midweek Roundup: British Banks De-risk Ukraine, Bankman-Fried Charged with Fraud, and More

U.K. banks are closing the accounts of companies that trade with Ukraine to reduce their exposure to illicit funds and mitigate the risk of violating sanctions, Politico reported. More U.S. prosecutors charged FTX founder Sam Bankman-Fried with seven counts of conspiracy and fraud after he allegedly stole and used funds from customers to make $100 million in campaign contributions in the runup to the 2022 U.S. midterm elections, the Guardian reported. More The U.K. Financial Conduct Authority asked lawmakers and politicians to report any problems with opening or maintaining bank accounts, Reuters reported. More The U.S. investigation into whether Binance violated...

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