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Trump lawyers seek meeting with Garland as Mar-a-Lago investigation shows signs of winding down

Lawyers for Donald Trump have asked for a meeting with Attorney General Merrick Garland as a Justice Department investigation into the former president’s handling of classified documents shows signs of winding down WASHINGTON -- Lawyers for Donald Trump on Tuesday asked for a meeting with Attorney General Merrick Garland as a Justice Department investigation into the former president's handling of classified documents shows signs of winding down. In the letter, which Trump posted on his Truth Social platform, attorneys John Rowley and James Trusty asserted that Trump is “being treated unfairly” and asked for a meeting to discuss “the ongoing injustice that is being per Pet rated by your Special Counsel and his prosecutors.” The language echoed some of Trump's own complaints in recent months about the investigation s being led by special counsel Jack Smith. It was not immediately clear what specifically prompted the letter, but the yearlong documents probe appears to be nearin...

FTX collapse shows need to regulate crypto, says Bank of England

LONDON: The implosion of crypto currency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. FTX, which has filed for US bankruptcy court protection, has said it owes its 50 biggest creditors nearly $3.1 billion. "While the crypto world, as was demonstrated during last year’s crypto winter and last week’s FTX implosion is not at present large enough or interconnected enough with mainstream finance to threaten the stability of the financial system, its links with mainstream finance have been developing rapidly," Cunliffe said. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. It did not have a licence to operate in Britain, yet had caused waves. "We should not wait until it is large and connected to develop the regulatory frameworks necessary to prevent a crypto shock that could ha...