The collapse of the bank, which went into FDIC receivership, resulted from the loss of yet another $8 million towards the bank’s shareholders. In the last two months, oil prices have slumped -20%, with the international Brent crude benchmark slipping to the shade above US£70/bbl and energy names underperforming https://financefeeds.com/ftx-co-founder-gary-wang-avoids-prison-after-cooperating-in-bankman-fried-trial/