The purchases of Manchester City and Paris Saint-Germain, even the sponsorship of Bayern Munich, are alleged versions of sportswashing - the practice of trying to boost a country's public image through sports. Sports Life reporter Hecko Flores explains how state-owned Gazprom, Etihad Airways and Emirates use football for their own, and their home country's, profit.
13 Dec 2022
Disgraced former CEO of FTX crypto exchange is arrested in the Bahamas Prosecutors will unseal a criminal indictment against Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, on Tuesday. He was taken into custody in the Bahamas on Monday.
11 Dec 2022
Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a “lot of mistakes” in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.