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☆ Fact check: Trump falsely claims police turned away ‘thousands’ from Manhattan courthouse and that supporters ‘can’t get near’
▼ + stars: | 2024-04-24 | by ( Daniel Dale | Kate Sullivan | ) edition.cnn.com time to read: +4 min

Washington CNN —Former President Donald Trump is a famed exaggerator of the size of his crowds. For years, he has lied about how many supporters attended his presidential inauguration and numerous campaign rallies. The police have not turned away “thousands of people” from the courthouse during his trial; only a handful of Trump supporters have shown up to demonstrate near the building. Trump may have been suggesting that thousands would have been present if not for repressive security measures. Trump supporters are free to walk into not only the protest zone but also the courthouse itself, though they, like everyone else, have to observe decorum rules if they go inside.

Persons: Donald Trump, –, Trump, denigrate, ” Trump, it’s, George Conway, “, ” CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Nicki Brown, Sabrina Souza, Joel Williams Organizations: Washington CNN, New York Times, Trump, CNN, Security, Police Locations: Manhattan, Lower Manhattan

☆ New York trial of Donald Trump: an unusual request on trial Day 1
▼ + stars: | 2024-04-15 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

Of the first group of 96 potential jurors who crammed into the courtroom, more than half were immediately excused for saying they could not be fair and impartial. A Manhattan jury also found Trump’s business, the Trump Organization, guilty of tax evasion, although Trump was not personally named in that case. And here is an excellent visual timeline of the entire hush money scandal. It was Cohen who orchestrated the hush money payments and who pleaded guilty to federal charges of violating campaign finance law, for which he served time in prison. Trump is accused by New York of falsifying business records when he paid Cohen back for the hush money scheme.

Persons: Donald Trump, Trump, CNN’s Kara Scannell, Jeremy Herb, Scannell, “, ” Scannell, Jeffrey Abramson, ”, ” Abramson, Jean Carroll, Abramson, Judge Juan Merchan, Kellyanne Conway, Rudy Giuliani, Stormy Daniels, Karen McDougal, CNN’s Kaanita Iyer, McDougal – She’s, Trump’s, Melania, Barron, Merchan, Carroll –, Carroll, Michael Cohen, Cohen, Maggie Haberman, Jake Tapper Organizations: CNN, America, Democracy, New, Trump, Trump Organization, National Enquirer, Trump . ►, Enquirer, – Prosecutors, New York Times Locations: Manhattan, sidebars, New York, Trump

☆ How Donald Trump has handled juries so far
▼ + stars: | 2024-04-11 | by ( Jeremy Herb | ) edition.cnn.com time to read: +10 min

CNN —Three months ago, Donald Trump took the stand before a jury of nine in a New York courtroom without his typical bombast or ranting. “The record will reflect that Mr. Trump just rose and walked out of the courtroom,” Judge Lewis Kaplan announced, in case any jurors had missed it. “I mean, our whole case was about the fact that Donald Trump is unable to follow the law, unable to follow the rules. But just having political views about Trump, for or against, won’t be a reason for potential jurors to be dismissed. When Kaplan asked jurors a series of questions individually, Trump turned in his chair to watch each person speak.

Persons: Donald Trump, Jean Carroll, Trump, “, Lewis Kaplan, defaming Carroll —, ” Carroll, Roberta Kaplan, CNN’s Anderson Cooper, Donald Trump’s, they’ve, ”, Steve Tuholski, haven’t, Juan Merchan’s, Merchan, Michael Cohen, Trump’s, Karen Friedman Agnifilo, you’re Trump, you’d, ” Agnifilo, Agniflio, ” Trump, Emil Bove, Joe Biden, won’t, Carroll, Kaplan, ” Merchan, can’t, Stormy Daniels, admonish Trump, ” Kaplan, —, Elie Honig, Tuholski, they’re, CNN’s Kara Scannell, Kristen Holmes, Lauren Del Valle Organizations: CNN, Yorkers, New, Delphi, White, Republican, Trump, Manhattan Locations: New York, Manhattan, New York County, “

☆ Two investors in Trump Media insider trading case plead guilty
▼ + stars: | 2024-04-03 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

The two brothers were arrested in June and charged with illegally trading on nonpublic knowledge of a shell company’s secret plan to buy Trump Media & Technology Group, the parent company of struggling social network Truth Social. Shares of the shell company, Digital World Acquisition Corporation, spiked after the blank-check company publicly announced an agreement to merge with Trump Media. Trump owns 78.8 million shares in Trump Media, a stake valued at about $4.1 billion. The defendants passed the secret information about the impending Trump Media deal to friends on. There was no allegation in the indictment that Trump himself had any involvement in the alleged insider trading scheme.

Persons: Michael Shvartsman, Gerald Shvartsman, Donald Trump’s, “ Michael, ” Damian Williams, Bruce Garelick, ” Williams, ”, Trump, Michael Shvartsman’s, Gerald Shvartsman’e, CNN’s Kara Scannell Organizations: New, New York CNN, Trump Media & Technology Group, DWAC, Trump Media, Southern, of, Acquisition Corporation, “, Truth, Trump, Digital Locations: New York, Florida, of New York, Las Vegas

☆ Prosecutors accuse Sam Bankman-Fried of leaking ex-girlfriend’s private notes to the New York Times
▼ + stars: | 2023-07-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

Minneapolis CNN —Federal prosecutors have accused former FTX CEO Sam Bankman-Fried of witness tampering after he allegedly leaked the personal writings of his former girlfriend and business partner, Caroline Ellison, to the New York Times. They reportedly detailed her “unhappy and overwhelmed” emotional state as CEO of Alameda Research, FTX’s crypto hedge fund. The writings also reportedly expressed her doubts about her ability to make decisions and effectively run the business. Prosecutors say she is expected to serve as a witness in their criminal case against Bankman-Fried, who has pleaded not guilty to eight federal counts of fraud and conspiracy. A spokesperson for the New York Times and a lawyer representing Ellison did not immediately respond to requests for comment.

Persons: Sam Bankman, Caroline Ellison, Lewis Kaplan, Bankman, ”, Ellison, Kaplan, Damian Williams, “, ” Williams, Fried, — CNN’s Kara Scannell Organizations: Minneapolis CNN — Federal, New York Times, Star, Google, Alameda Research, Prosecutors, Government, ” Prosecutors, Bankman Locations: Minneapolis, FTX

☆ Taylor Swift agreed to $100 million deal with FTX before it went bankrupt, but FTX pulled out
▼ + stars: | 2023-07-06 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Taylor Swift signed onto a lucrative touring partnership with FTX before its collapse, but FTX pulled out of the arrangement, according to a person familiar with the discussions. Bankman-Fried has been accused of orchestrating one of the biggest financial frauds in US history, allegedly costing investors billions of dollars and improperly using customer funds from his cryptocurrency exchange, FTX. But a person familiar with the Swift discussions said the artist’s side had agreed to a $100 million tour sponsorship deal, but the deal was never finalized due to hesitation on FTX’s side. Other celebrities, including Tom Brady, Gisele Bundchen, Steph Curry, and Naomi Osaka, signed deals with FTX, which declared bankruptcy last fall. Brady and Bundchen also held stakes in FTX that were likely entirely wiped out.

Persons: CNN — Taylor Swift, FTX, cryptocurrency, Swift’s, Sam Bankman, Adam Moskowitz, endorsers, Swift, Fried, Moskowitz, “, ”, Taylor Swift, Tom Brady, Gisele Bundchen, Steph Curry, Naomi Osaka, Brady, Bundchen, Jimmy Fallon, Madonna, Kim Kardashian, Max, CNN’s Kara Scannell, Chloe Melas Organizations: CNN, FTX, New York Times, Financial Times, Securities and Exchange Commission

☆ Judge concerned Sam Bankman-Fried is too ‘technologically savvy,’ could find a way around tech restrictions
▼ + stars: | 2023-03-10 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +2 min

CNN —United States District Judge Lewis Kaplan indicated at a hearing Friday he might modify FTX founder Sam Bankman-Fried’s bail conditions, but only after attorneys further tighten the restrictions on Bankman-Fried’s access to technology. Kaplan said he’s still not convinced that the founder of bankrupt crypto trading platform FTX wouldn’t be able to circumvent the more-restrictive bail conditions that were filed last week. “If he’s determined and inventive and I suspect he’s very inventive and technologically savvy he could find a way around it and conceivably not get caught,” Kaplan said in court Friday. Bankman-Fried, who did not attend Friday’s hearing, is currently under house arrest at his parents’ home in Palo Alto, Calif. Judge Kaplan asked the defense to submit an updated bail modification order that would tighten the restrictions to address his concerns.

☆ FTX lawyers have recovered $5 billion in assets
▼ + stars: | 2023-01-11 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN —FTX officials overseeing its bankruptcy have recovered more than $5 billion in cash and other liquid assets that may be used to help repay creditors, a lawyer for the failed crypto firm said during a bankruptcy court hearing Wednesday. That disclosure significantly raises the estimated amount of funds FTX claims to hold. Last month, FTX lawyers submitted filings that showed the company and its affiliates had a total of $1.2 billion in cash. The lawyers also said they had identified more than 9 million creditors — far more than earlier estimates of around 1 million. FTX founder Sam Bankman-Fried arrives pleaded not guilty to fraud and conspiracy charges in Manhattan on January 3.

☆ Sam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed
▼ + stars: | 2022-12-01 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN Business —Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not going quietly. “I think I got a little cocky — I mean, more than a little bit,” he told ABC’s George Stephanopoulos in an interview on Good Morning America. Bankman-Fried, echoing comments he also made to The New York Times on Wednesday, denied knowing of any improper transfers of customer funds between the exchange and Alameda. “I don’t think that’s who I am at all, but I understand why they’re saying that,” Bankman-Fried told Stephanopoulos. In that interview, Bankman-Fried said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive.

☆ The notable legal clouds that continue to hang over Donald Trump
▼ + stars: | 2022-11-15 | by ( Dan Berman | ) edition.cnn.com time to read: +17 min

CNN —All eyes are on former President Donald Trump, whose third White House bid has already become mired in controversy. The Justice Department investigation continues into whether documents from the Trump White House were illegally mishandled when they were brought to Mar-a-Lago in Florida after he left office. Any unauthorized retention or destruction of White House documents could violate a criminal law that prohibits the removal or destruction of official government records, legal experts told CNN. During the panel’s hearings this summer, fingers were pointed at GOP lawmakers and Trump allies who tried to help overturn the election and Trump White House officials who failed to stop the former president’s actions. Recently, DOJ moved to compel additional testimony from former White House counsel Pat Cipollone and deputy White House counsel Patrick Philbin.

☆ Bankrupt crypto exchange FTX may have over 1 million creditors as ‘dozens’ of regulators probe collapse
▼ + stars: | 2022-11-15 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Bankrupt crypto exchange FTX could have more than 1 million creditors and has been in contact with “dozens” of regulators around the world, according to court documents, underlining the far-reaching impact from the stunning collapse of one of the industry’s biggest players. A person familiar with the matter confirmed to CNN on Monday that federal prosecutors in New York are investigating the FTX collapse. FTX filed for bankruptcy last week and at the time estimated it had more than 100,000 creditors. “In fact, there could be more than one million creditors in these Chapter 11 cases,” lawyers for FTX wrote. The court filing said Bankman-Fried “ultimately agreed to step aside” at about 4:30 a.m. on Friday.

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