A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The former FTX CEO faces a maximum sentence of 115 years in prison. Bankman-Fried, the 31-year old son of two Stanford legal scholars and graduate of Massachusetts Institute of Technology, was convicted of wire fraud and conspiracy to commit wire fraud
It took just four hours for a jury to find fallen “crypto king” Sam Bankman-Fried guilty of fraud. The 31-year-old has been convicted of stealing billions of dollars from customers of FTX, which was the world’s second-largest crypto exchange before its dramatic collapse last year. To this day, FTX users – at least 80,000 of
Sam Bankman-Fried has been found guilty of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest frauds ever. The 31-year-old could be sentenced to more than 100 years in prison after cheating thousands of FTX customers out of billions of dollars. A Manhattan jury convicted him on all seven counts after a
Donald Trump Jr asked a courtroom sketch artist to “make me look sexy” after giving testimony during a $250m fraud trial. The former US President’s eldest son made the request after spending several hours on the witness stand during a second day of giving evidence at the civil hearing on Thursday. Mr Trump Jr, 45,
Indicted FTX founder Sam Bankman-Fried arrives at the United States Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters The government is paying for pizza and Uber rides home for the 12 jurors in lower Manhattan who will decide the fate of Sam Bankman-Fried. In court on Thursday, U.S. District Judge Lewis
In its latest effort to improve the EV ownership experience, Ford has acquired Auto Motive Power (AMP). Ford will use the energy solutions providers’ tech to improve EV charging and battery management. Founded in 2017, LA-based AMP provides hardware and software for several solutions, including EV charging, cloud solutions, and battery and energy management. AMP’s
Open Extended Reactions Former Manchester United winger Nani has accused the squad of lacking fighting spirit and failing to follow the example set by captain Bruno Fernandes. The 36-year-old won 12 trophies during seven years at Old Trafford which ended with a season-long loan move back to Sporting CP prior to joining Fenerbahce in 2015.
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Images Amazon flooded its search results with irrelevant “defect” ads at the direction of Founder Jeff Bezos, pumping
The UN says a school being used as a shelter has been damaged at the Jabalia Refugee Camp in Gaza, leaving 20 people reportedly dead. Five people are understood to have also been injured at the camp. Sky News has verified footage showing many injured people at the school, but has been unable to identify
A man has been arrested in Leicestershire after a British woman was reportedly found dead at her home in Italy. The 74-year-old suspect, who is also British, was detained on Wednesday night in Shepshed in connection with the murder of Michele Faiers, police said. The Leicestershire force did not name the suspect, who remains in
More than half of people feel politicians are using so-called culture wars to distract from other issues, according to a survey which also found the term “woke” is increasingly seen as an insult. Almost two thirds (62%) of those polled said politicians “invent or exaggerate” culture wars as a political tactic – up from less
The Glastonbury ticket sale has been delayed by two weeks. “This is to ensure that everyone who would like to buy a ticket is registered and therefore eligible to purchase one,” festival organisers said. “Unfortunately, it has come to light that some individuals hoping to buy tickets for 2024 have discovered after Monday’s registration deadline
Boris Johnson has claimed he was forced to plunge the UK into lockdown because of NHS “bed blocking”. In a section of his witness statement shared with the official COVID inquiry, the former prime minister said the “extreme measures” announced on 23 March 2020 were introduced because the health service had “failed to grip” the
A woman charged with murdering a professional cyclist in Texas tracked her movements on the exercise app Strava before shooting her, prosecutors say. Kaitlin Armstrong, 35, is charged with murdering Moriah “Mo” Wilson, a 25-year-old elite cyclist who had allegedly been romantically involved with the same man as Armstrong. “The last thing Mo did on
The COVID inquiry took a political turn this week when a number of key figures who served in Downing Street during the pandemic faced questioning from the probe’s lawyers. Hours of evidence were presented to the inquiry’s chair, and there were a raft of revelations uncovered – from the attitudes shown by senior ministers to
The British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through til early 2025, according to a bleak set of forecasts from the Bank of England. The forecasts, published alongside the Bank’s latest decision to hold interest rates steady at 5.25%, imply that the
Despite a downbeat month for stocks and mounting macroeconomic uncertainty, several Club names outperformed the market in October — and landed in the green. While the S & P 500 had its third consecutive down month — weighed down in part by soaring yields on government bonds and a mixed start to third-quarter earnings season
EV sales continue to rise steadily in California, reaching a record 22.3% market share in Q3. But Tesla has returned to its position as second-best selling brand in the state, behind longtime leader Toyota, after briefly eclipsing the brand last quarter. The California New Car Dealers’ Association releases its “California Auto Outlook” each quarter, breaking
Associated Press Nov 1, 2023, 08:48 PM ET Open Extended Reactions ARCADIA, Calif. — Geaux Rocket Ride was euthanized on Wednesday, four days after getting injured during a workout leading up to the Breeders’ Cup and struggling to recover after surgery. The colt’s owner, Pin Oak Stud, posted the news of the death on social
A woman suspected of serving a beef wellington laced with poisonous mushrooms which killed three family members, has been arrested. Erin Patterson, 49, cooked the meal at her home in Leongatha, a small rural town in southeast Australia, on Saturday 29 July. Her former in-laws Don and Gail Patterson, both 70, were among those who
In this article SEDG Follow your favorite stocksCREATE FREE ACCOUNT The SolarEdge logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Sipa USA via AP Images Shares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand struggles
Only one in 10 voters who supported the Tories in 2019 have switched to Labour, according to a major new poll for Sky News. The exclusive YouGov survey of 5,621 voters found 11% of 2019 Tory voters would now vote for Labour while slightly more – 12% – have switched to Reform UK, a
Hundreds of schools are set to close across the south of England on Thursday as Storm Ciaran is expected to batter the country with 80mph winds. Hampshire, the Isle of Wight and Jersey have declared major incidents as the storm could bring winds of up to 110pmh to the Channel Islands. Hundreds of schools have
Mads Nipper, chief executive officer of Orsted A/S, during a panel session on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 18, 2023. The annual Davos gathering of political leaders, top executives and celebrities runs from January 16 to 20. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg
A recent job opportunity on LinkedIn posted by Lucid Motors less than 24 hour hours ago, hints at an incoming of new media app infotainment for its EV drivers. According to Lucid’s new role of senior product manager, media partner management, one of the key responsibilities includes work with Apple Music, Amazon Music, and other
The first round of highly-coveted tickets for next year’s Glastonbury music festival are set to go on sale this evening – despite ticket prices rising to £360. A set number of the roughly 135,000 tickets – which include coach travel – will be available online from 6pm on Thursday, with general admission passes going on
Elon Musk will head to Downing Street for talks with Rishi Sunak today following the prime minister’s AI safety summit. The billionaire owner of SpaceX and Tesla jetted in for the event at Bletchley Park, which began on Wednesday with attending countries backing an agreement on the need to manage risks posed by the technology.
In this article INTC NVDA AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), speaks during a launch event in San Francisco, California, U.S., on Wednesday, Aug. 7, 2019. David Paul Morris | Bloomberg | Getty Images AMD stock spiked more than 8% Wednesday,
It looks as if the end is nigh for WeWork, the flexible workspace provider that once commanded a valuation of $47bn. The Wall Street Journal is reporting that the company plans to file for bankruptcy protection as early as next week. It will be an ignominious end for a once-vaunted business seen as synonymous, in
Elon Musk has told Sky News that AI is a “risk”, as the billionaire joins world leaders and tech bosses at a UK safety summit. The SpaceX and Tesla owner has long been outspoken about the dangers posed by artificial intelligence, and earlier this year warned it could even lead to “civilisation destruction”. Asked by
Chinese brewer Tsingtao says a worker who was filmed urinating into a malt container has been detained by security authorities. A video showing a man dressed in a hard hat and blue overalls climbing down into a malt container at the beer factory in Pingdu, unzipping his trousers and relieving himself went viral last week. The
Boris Johnson’s government displayed an “unbelievably bullish” approach to coronavirus early in the pandemic and sat “laughing at Italians” in meetings, a former civil servant has said. The former prime minister was “confident the UK would sail through” the outbreak of the disease and warned against “over-correcting” on something he thought “was unlikely to have
The creators of Friends have said Matthew Perry was “happy and chipper” when they spoke to the actor two weeks before he died. Marta Kauffman and David Crane told The Today Show on Sky News’s US partner network NBC that Perry was in a “really good place”. The actor, who played Chandler Bing on the