Yueqi Yang
Yueqi Yang is a reporter for Financial Planning and On Wall Street.
Yueqi Yang is a reporter for Financial Planning and On Wall Street.
In court, a forensic accountant tried to explain what happened to the customer funds that were missing before the crypto exchange filed for bankruptcy.
When she asked whether a line of credit would show up in FTX's audit, he said, "Don't worry, the auditors aren't going to look at that."
The closure of crypto-friendly Silvergate Capital and seizure of Signature Bank have left crypto firms struggling to find new banks for depository and payment services.
The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.
Democratic governors from seven states, including New York, New Jersey and California, wrote to President Joe Biden urging him to remove the cap on state and local tax deductions enacted by Donald Trump.
Small businesses in Nebraska, Oklahoma and other rural states have been the most successful at getting federal pandemic relief in the $284 billion round of aid that opened this month, buoyed by a new rule that authorizes loans to many farms that didn’t qualify before.