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☆ Tunde Onakoya: Nigerian chess champion breaks world record for longest chess marathon
▼ + stars: | 2024-04-20 | by ( Ifeanyi Abraham | For Cnn | ) edition.cnn.com time to read: +3 min

CNN —Nigerian chess champion and child education advocate Tunde Onakoya has broken the record for the longest chess marathon after playing for an extraordinary 60 hours nonstop under the bright lights of New York City’s Times Square. The Guinness World Record organization has not yet confirmed Onakoya’s attempt, which can sometimes take weeks, but for many Nigerians, the 29-year-old is already considered something of a national hero. Onakoya played against Shawn Martinez, a US chess champion, in accordance with the Guinness World Record guidelines that any attempt to break the record must be made by two players who play continuously for the duration. Onakoya founded Chess in Slums Africa, which seeks to empower children in underprivileged communities by using chess to enhance critical thinking and problem-solving skills, in Lagos. People celebrate as Tunde Onakoya marks 46 hours for consecutively playing a chess game in Times Square, Friday, April 19, 2024, in New York.

Persons: Tunde, Onakoya, Hallvard Haug Flatebø, Let’s, Shawn Martinez, Martinez, Davido, Adekunle, Bola Tinubu, Ajuri Ngelale, “, Tinubu, Yuki Iwamura, Solomon Passy, Russell Makofsky Organizations: CNN, New York City’s, Guinness, Nigeria’s, Champion, People, Times Locations: Nigerian, New York, Africa, Norway, Manhattan, Nigeria, Lagos, Berlin, Bulgarian, US

☆ One of Wall Street's most powerful people is predicting that a 4-day workweek is coming
▼ + stars: | 2024-04-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at a Wall Street billionaire's prediction that the four-day workweek is coming . Billionaire hedge fund manager and New York Mets owner Steve Cohen said a four-day workweek is inevitable , Business Insider's Matthew Fox writes. Cohen put his money where his mouth is regarding the four-day workweek. As the newest four-day workweek fan club member, Cohen must be interested in implementing it at his hedge fund, Point72. Maybe the four-day workweek represents the olive branch companies can extend to get people back to their desks.

Persons: —, Jack, Dave Kotinsky, Rebecca Zisser, Steve Cohen, Matthew Fox, I'd, Cohen, Tech.co, Yuki Iwamura, Jerome Powell, Powell, Tesla, Brooks Kraft, OpenAI's, Logan Kilpatrick, Kilpatrick, Carl Godfrey, Bob Iger, Nelson Peltz, Iger, he's, he'll, Goldman Sachs, David Solomon, Joe Lewis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, United Airlines, Boeing, Business, Lincoln Center, Billionaire, New York Mets, CNBC, Mets, Technologies, Workers, Federal, JPMorgan, Brooks, Brooks Kraft LLC, Getty, Services, Google, Bloomberg, BI, Reuters Locations: York, New York, London

watch nowFTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. FTX founder Sam Bankman-Fried leaves the U.S. courthouse in New York City on July 26, 2023. Instead, "He's an awkward math nerd" with a "tireless work ethic," said the lawyer, who also compared the FTX founder to "a beautiful puzzle." In this courtroom sketch, FTX founder Sam Bankman-Fried attends his sentencing hearing at federal court in New York City on March 28, 2024. Barbara Fried and Allan Joseph Bankman, parents of FTX co-founder Sam Bankman-Fried, arrive at court in New York on March 28, 2024.

Persons: Sam Bankman, Fried, Lewis Kaplan, Kaplan, FTX, District Judge Lewis Kaplan, Jane Rosenberg, Bankman, convicting, Prosecutors, Amr Alfiky, It's, Marc Mukasey, Torrey Young, Nicolas Roos, scoffed, Roos, Mukasey, Sam, Sunil Kavuri, Damian Williams, Samuel Bankman, " Williams, General Merrick Garland, Joseph Bankman, Barbara Fried, Allan Joseph Bankman, Yuki Iwamura, Caroline Ellison, Nishad Singh, Gary Wang Organizations: Alameda Research, ., U.S, District, Reuters, Republicans, Manhattan U.S, Stanford Law, Bloomberg, Getty, Bankman Locations: Manhattan, New York City, U.S, FTX, Kavuri, New York

☆ How Sam Bankman-Fried's ex-girlfriend and early recruit helped put the FTX founder behind bars for 25 years
▼ + stars: | 2024-03-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +10 min

Yuki Iwamura | Bloomberg | Getty ImagesIn sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the defendant and early recruit into his crypto enterprise. In a Google document from February 2022 shared with the Times, Ellison wrote, "I have been feeling pretty unhappy and overwhelmed with my job. The government presented a series of Signal exchanges involving Bankman-Fried, Ellison, Wang and other top execs. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Caroline Ellison, Yuki Iwamura, FTX, Sam Bankman, Judge Lewis Kaplan, Kaplan, Ellison, FTX spiraled, Damian Williams, she's, Fried, District Judge Lewis Kaplan, Jane Rosenberg, SBF Ellison, She'd, Michael Lewis, Caroline, Sam, Lewis, Nishad Singh, Gary Wang, Attorney Thane Rehn, Bankman, Binance, Sam Trabucco, Danielle Sassoon, Wang, SDNY Ellison, Um Organizations: Alameda Research, Bloomberg, Getty, Department of Justice, Manhattan U.S, U.S, District, Federal Court, Reuters, Jane, Stanford, Alameda, The New York Times, Times, Attorney, Google, Alameda's Locations: New York, Manhattan, FTX, New York City, Fried, California, Hong Kong, Bahamas, Alameda

☆ How a warming climate is setting the stage for fast-spreading, destructive wildfires
▼ + stars: | 2024-03-03 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

This fire adds to an ever-lengthening list of rapidly spreading, destructive wildfires in the US and elsewhere. To understand why the Texas fires have been so fierce you have to look to last spring, said Luke Kanclerz, a fire analyst at Texas A&M Forest Service. It only took a short period of warm, dry weather for them to dry out further, providing a carpet for the fire to spread. Yuki Iwamura/AFP/Getty ImagesScientists are still working to understand what impact, if any, global warming is having on the winds that whip up wildfires. Research has found climate change is fueling the rapid intensification of hurricanes, pushing storms to explode at a deadly pace.

Persons: it’s, Cpl Marc, Andre Leclerc, ”, John Abatzoglou, Luke Kanclerz, Kanclerz, Mike Flannigan, Abatzoglou, “ There’s, ” John Nielsen, Gammon, Yuki Iwamura, Dora, Kaitlyn Trudeau, Trudeau, ” CNN’s Rachel Ramirez Organizations: CNN, United, European Union, Canadian Forces, Reuters, University of California, ”, Texas, M, Service, Texas Panhandle, University of Alberta, Getty, Climate Central, The Locations: United States, Maui, California, Paradise, Canada, Greece, Chile, Mistissini, Quebec, Merced, Texas, Hawaii, West Texas, Gammon , Texas, Lahaina, AFP, Hawaii’s, The Texas, Plains

It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. The primary purpose is to prevent power lines from igniting a wildfire during periods of high fire danger. The lawsuit also alleges the company "inexcusably kept their power lines energized during the forecasted high-fire danger conditions." A PG&E utility worker locates a gas main line in the rubble of a home burned down by wildfire in Paradise, California, Nov. 13, 2018. Several of those agencies track statewide wildfire information, but most did not keep track of the names of utility companies associated with wildfire incidents.

Persons: Michelle Glogovac, Glogovac, Laurie Allen, Brent Jones, Allen, Jones, inexcusably, Michael Wara, Shelee Kimura, Yuki Iwamura, David Pomerantz, Pomerantz, Patti Poppe, It's, JOSH EDELSON, Warren Buffett's, Stanford's, CNBC's Brian Sullivan, David Paul Morris, Institute's Pomerantz, Tama Organizations: CNBC, Electric, Energy, Stanford University, Hawaiian Electric, AFP, Getty, Policy, Policy Institute, NV Energy, Warren Buffett's Berkshire Hathaway Energy, Bloomberg, Getty Images Locations: Paradise , California, Lahaina , Hawaii, Hawaii, Maui, Maui County, Lahaina, California, Nevada, Warren, — Arizona, California , Colorado, Hawaii , Montana , Nevada , New Mexico , Oregon , Utah, Washington, Arizona , New Mexico, Utah

☆ Trump's sexual assault on E. Jean Carroll cost him just $2mil. His mouth put him on the hook for nearly $90mil more.
▼ + stars: | 2024-02-01 | by ( Natalie Musumeci | Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Most of the nearly $100 million Donald Trump owes E. Jean Carroll stems from verbal attacks on her. For the sexual assault, the jury ordered Trump to cough up just over $2 million to the longtime advice columnist. This most recent trial differed from last year's, at which Carroll sued Trump for both the sexual abuse and defamation. AdvertisementE. Jean Carroll with her attorneys Shawn Crowley and Roberta Kaplan following the second trial's jury verdict. Only a massive punitive damages verdict, Carroll's lawyers argued, would get Trump to actually stop.

Persons: Donald Trump, Jean Carroll, Trump, Carroll, —, E, she's, Carroll's, defaming Carroll, Spencer Platt, Chris Mattei, Alex Jones, Mattei, Shawn Crowley, Roberta Kaplan, Yuki Iwamura, wasn't, J, Erik Connolly, Connolly, Carroll —, Donald Trump's, hasn't Organizations: Service, CBS, Trump, Business, Getty, White, AP, Benesch, CNN Locations: Manhattan, New York City

Never before has a candidate pursued the presidency while facing criminal charges. Former President Donald Trump faces 91 of them, as well as civil claims. Here is the 2024 calendar the Republican front-runner has to negotiate to fend off criminal convictions and civil liabilities and get himself into the White House. Photos: Yuki Iwamura/Bloomberg News

Persons: Donald Trump, Yuki Iwamura Organizations: Republican, Bloomberg

☆ U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire
▼ + stars: | 2023-12-11 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +5 min

(Photo by Majdi Fathi/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty ImagesPalestinian officials expressed resounding disappointment after the United States vetoed a United Nations resolution calling for an immediate humanitarian cease-fire in Gaza. Yuki Iwamura | AFP | Getty ImagesThe U.S. on Friday vetoed a U.N. Security Council draft resolution that was backed by 13 Security Council members, while the United Kingdom abstained. The vote came about after U.N. Secretary-General Antonio Guterres invoked Article 99 of the U.N. charter to coalesce the 15-nation council to address the crisis in the Gaza Strip. Mohammad Shtayyeh, prime minister of the Palestinian Authority, echoed the disappointment on Sunday, describing the result as "sad" and a "shame." The internationally recognized Palestinian Authority administered the Gaza enclave before the shock win of Hamas in the elections of 2006.

Persons: Majdi Fathi, United Kingdom Husam Zomlot, CNBC's Dan Murphy, White, John Kirby, Israel, Kirby, Antonio Guterres, Yuki Iwamura, Mohammad Shtayyeh, it's, that's, Joe Biden, Benjamin Netanyahu, Antony Blinken, Brendan Smialowski, Israel —, Robert Wood Organizations: Hamas, Getty, Nurphoto, United, Doha Forum, CNBC, Air Force, Reuters, UN, United Nations Security, AFP, Security, Palestinian Authority, West Bank, Chatham House's, U.S ., Gaza, Palestinian, U.S, Afp, Israel Defense Forces Locations: Jaffa, Deir el, Gaza, Israel, United Nations, U.S, United Kingdom, Qatar, Lebanon, Washington, Lebanese, New York City, United, Vakil, Chatham, East North Africa, Doha, liaise, Tel Aviv, Palestine

☆ Holiday shopping: Months-long sale season may dilute the impact of Black Friday
▼ + stars: | 2023-11-21 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

The day after Thanksgiving historically has marked the start of the holiday shopping rush. This matters because the November-December gift-buying months combined can account for about 20%, or a sizable chunk, of retailers’ sales for the full year. Retailers this year trotted out early Black Friday-like deals weeks ahead of the annual day-after-Thanksgiving shopping bonanza. “It is a lengthier shopping season because retailers were rolling out early Black Friday deals as early as October. Walmart’s first round of early Black Friday deals included a 50-inch TV house brand for $148.

Persons: New York CNN —, “, ”, Marshal Cohen, Cohen, Yuki Iwamura, Adam Davis, Wells, they’ll, Cohen doesn’t, doorbusters, Julie Ramhold, ” Ramhold, Charlie Riedel, Walmart’s, “ I’m, Chromebooks Organizations: New, New York CNN, National Retail Federation, Getty, Retailers, “, ”, Shoppers, Apple, Valentine’s Locations: New York, AFP, Wells Fargo

☆ Trump Gag Order Lifted in Federal Election-Interference Case
▼ + stars: | 2023-11-04 | by ( C. Ryan Barber | ) www.wsj.com time to read: 1 min

Former President Donald Trump was fined $10,000 last week after being called to the witness stand by the judge in his civil fraud trial to answer for comments he made during a break in the proceedings. Photo: Yuki Iwamura/Associated PressDonald Trump has been released, at least for now, from a limited gag order in the federal case alleging that he conspired to overturn the 2020 election results. At the urging of Trump’s lawyers, a federal appeals court agreed Friday to temporarily lift the gag order while the former president challenges restrictions on what he can say about prosecutors, potential witnesses and court staff involved in the criminal case. The U.S. Court of Appeals for the D.C. Circuit set an expedited briefing schedule, with an oral argument scheduled for Nov. 20 before a three-judge panel.

Persons: Donald Trump, Yuki Iwamura, Associated Press Donald Trump Organizations: Associated Press, U.S, Appeals

☆ New York City Marathon: Start time, route and everything you need to know
▼ + stars: | 2023-11-04 | by ( Manav Tanneeru | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —More than 50,000 runners are set to descend on New York City on Sunday, transforming the city simultaneously into a stadium, carnival and an immense endurance test. Runners will take in all five boroughs of New York City on the 26.2 mile route. Complete coverage of the event is also available on the New York City Marathon’s app which can be downloaded here, and a full list of international broadcasters can be viewed here. Runners cross the Queensboro Bridge as they compete in the 2022 New York City Marathon. Meanwhile, Letesenbet Gidey is making her New York Marathon debut after she recorded the fastest ever women’s marathon debut last year.

Persons: Evans Chebet, “, Bill Rodgers, ”, Geoffrey Kamworor, Mosinet Geremew, Edward Cheserek, Yuki Iwamura, Peres Jepchirchir, Brigid Kosgei, Hellen Obiri, Letesenbet, Miller, Tony, Zdeno Chara, Steve Mesler Organizations: CNN, Central Park, ESPN2, ESPN3, New, Boston Marathon, Boston, NCAA, York City, Getty, New York Marathon, Former NHL, Olympic, Professional Wheelchair Locations: New York City, Staten Island, Brooklyn, Manhattan, Bronx, Harlem, Williamsburg, East Harlem, New York, York, AFP, Rwanda

☆ Who is former crypto king Sam Bankman-Fried?
▼ + stars: | 2023-11-03 | by ( Samantha Delouya | Allison Morrow | ) edition.cnn.com time to read: +9 min

New York (CNN) — Sam Bankman-Fried, once known as a cryptocurrency whiz kid, was found guilty on Thursday for his role in the collapse of the cryptocurrency exchange FTX. His entrepreneurial drive didn’t stop there: In 2019, Bankman-Fried co-founded cryptocurrency exchange FTX and became its CEO. In December 2022, Bankman-Fried was arrested in the Bahamas after US prosecutors filed criminal charges against him. Jane Rosenberg/ReutersBankman-Fried was found guilty of stealing billions of dollars from accounts belonging to customers of his once-high-flying crypto exchange FTX. Immediately following FTX’s crash, crypto exchange Gemini, which was founded by Cameron and Tyler Winklevoss, froze customer redemptions in its lending unit, citing market turmoil.

Persons: — Sam Bankman, FTX, Jane Street, ”, Fried, “, …, ” Sam Bankman, Erika P, Rodriguez, Jane, Caroline Ellison, Binance, Sam Bankman, Danielle Sassoon, District Judge Lewis Kaplan, Jane Rosenberg, Joe Bankman, Barbara Fried, Bankman, Allan Joseph Bankman, Yuki Iwamura, Samuel Bankman, Saul Loeb, ingratiated, Tom Brady, Stephen Curry, Naomi Osaka, Larry David, Cameron, Tyler Winklevoss Organizations: CNN, Jane, Capital, MIT, Alameda Research, Chicago Tribune, Tribune, Service, SoftBank, U.S, District, Reuters, Bloomberg, Royal Bahamas Police Force, Billionaire, Stanford, FTX, Getty, Democratic Party, Federal, Commission, Republican, Agriculture, Nutrition, Forestry, Miami Heat, ”, New Locations: York, Alameda, North Berkeley , California, Nassau, Bahamas, BlackRock, Bankman, Hong Kong, United States, FTT, New York City, U.S, FTX, New York, Washington ,

☆ T-Mobile Scraps Plan to Push Some Wireless Customers to Pricier Services
▼ + stars: | 2023-10-25 | by ( Drew Fitzgerald | ) www.wsj.com time to read: 1 min

T-Mobile has had a freer hand to adjust its wireless plans since many of the state and federal agreements tied to its Sprint takeover expired earlier this year. Photo: Yuki Iwamura/Bloomberg NewsT-Mobile US said it is scrapping a program that would have forced some customers into more expensive wireless plans, citing customer blowback. Details of the planned upgrades surfaced on Reddit earlier this month after T-Mobile started training its support staff to respond to the program. Executives planned to shift customers on some older plans to newer tiers with more features that generally cost $5 to $10 more per line unless they opted out of the change by contacting the company.

Persons: Yuki Iwamura Organizations: Mobile, Sprint, Bloomberg

☆ The climate crisis has a price — and it's $391 million a day
▼ + stars: | 2023-10-24 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

Al Zulkifli | AFP | Getty ImagesDamage from the global climate crisis has amounted to $391 million per day over the past two decades, a report showed. "We find that US$143 billion per year of the costs of extreme events is attributable to climatic change. The research, however, notes that there is an underestimation of the true costs of climate change due to the difficulty of measuring indirect losses. They called for an increase in adaptation policies to minimize these climate-change attributed costs, such as the building of flood protection or improving early warning signal systems heralding extreme weather events. "The planet is far off track from meeting its climate goals," the WMO said in a September report, adding that rising global temperatures have been accompanied by more extreme weather.

Persons: Al Zulkifli, —, Nargis, Fedja Grulovic, Spyros Bakalis, Yuki Iwamura Organizations: AFP, Getty, Nature Communications, International Federation of Red, Red Crescent Societies, Reuters, U.S . Federal Emergency Management Agency, World Meteorological Organization, WMO, Afp Locations: Ogan Ilir, South Sumatra, Indonesia, Myanmar, Europe, Russia, Somalia, Prevalje, Slovenia, Pournari, Magoula, Athens, Maui, Lahaina , Hawaii

☆ Read the secret Signal messages that could help put Sam Bankman-Fried behind bars
▼ + stars: | 2023-10-19 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. In a direct appeal to Bankman-Fried, Singh wrote on Nov. 6, 2022, "one thing that'd seriously help me is if I didn't have debts." Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Sam Bankman, Fried, Claudia Johnson, Caroline Ellison, Gary Wang, Nishad Singh, Ryan Salame, Damian Williams, Yuki Iwamura, Ellison, Bankman, Joe Bankman, Ramnik Arora, Ryne Miller, Constance Wang, Singh, Wang, reassurances, FTX, Changpeng Zhao, he'd, Um, Sam, Binance, Zhao, it's, Sam Trabucco, Ben Xie, Michael Lewis, Lewis, Adam Yedidia, Yedidia, chares, SDNY Singh, Gabe, Salame, Michael Sadowsky, Sadowsky, FTX's, Dawn Giel Organizations: Alameda Research, Stanford, Bloomberg, Getty, Massachusetts Institute of Technology, alameda, Prime Trust Bank Locations: New York, Alameda, Manhattan, U.S, FTX, Sequoia, Alameda's, Bahamas

☆ Sam Bankman-Fried may need a Hail Mary if he wants to win over jurors
▼ + stars: | 2023-10-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Nishad Singh, former director of engineering at FTX, arrives at federal court in New York on Monday. Whether or not to testify is case-dependent, and clients take a big risk in opening themselves up to cross-examination by prosecutors. The Adderall issueSam Bankman-Fried, center, has pleaded not guilty to seven federal counts of fraud and conspiracy. So he’s only getting one in the morning before he’s transferred to the courthouse and one in the evening. While they have not yet presented their case, Bankman-Fried’s lawyers have repeatedly failed to stick the landing when it comes to cross-examining the government’s witnesses.

Persons: CNN Business ’, Sam Bankman, Mary, Nishad Singh, Yuki Iwamura, wouldn’t, ”, Jordan Estes, Kramer Levin, Estes, aren’t, Hail Mary, Elizabeth Williams, Mark Cohen, he’s, Cohen, hasn’t, Fried, Bankman, ” Cohen, Caroline Ellison, you’ll Organizations: CNN Business, New York CNN, Alameda Research, Bloomberg, US Attorney’s, Hail, AP, Metropolitan Detention, of Prisons Locations: New York, Manhattan, Bankman, Alameda, FTX

Eventually, according to Ellison, Bankman-Fried chose the one that omitted a line saying "FTX borrows," hiding $10 billion in borrowed customer money. When asked by Sassoon why she continued with the scheme, Ellison said, "Sam told me to." She said Bankman-Fried told her she should have hedged and, "speaking loudly and strongly," said it was her fault. CEO Sam Bankman-Fried Bloomberg | Bloomberg | Getty ImagesEllison then went into her own emotional state. After all the movement of FTX money, the company only had $4 billion to cover $12 billion in customer holdings, she said.

Persons: Caroline Ellison, Yuki Iwamura, Sam Bankman, Saudi Crown Prince Mohammed bin Salman, Ellison, Fried, Danielle Sassoon, Genesis, Gary Wang, Nishad Singh, Bankman, FTX, Mark Cohen, District Judge Lewis Kaplan, Jane Rosenberg, Sassoon, Sam, Mohammed bin Salman, Jane Street, Slack, she'd, who'd, sloppily Organizations: Alameda Research, Bloomberg, Getty, Saudi Crown, U.S, District, Federal Court, Reuters, Stanford, Bankman, Wall, Alameda, New York Times, MBS, Vox, Forbes, Twitter, Toyota Corolla, Fried Bloomberg Locations: New York, Bankman, Alameda, FTX, New York City, U.S, San Francisco Bay, Saudi, Japan

☆ SBF’s ex-girlfriend Caroline Ellison takes the stand as government’s star witness
▼ + stars: | 2023-10-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Ellison, who ran FTX's sister hedge fund Alameda Research, pleaded guilty in December to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. Ellison also spent years as Bankman-Fried's on-again, off-again girlfriend and, at times, his roommate. Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023. Noticeably absent thus far in proceedings is the mention of Ellison's co-CEO Sam Trabucco, who was a classmate of Bankman-Fried at MIT. Lawyers for the U.S. Attorney's office entered into evidence photos featuring Sam Bankman-Fried and his fellow co-workers at their shared $35 million Bahamian penthouse.

Persons: Caroline Ellison, Sam Bankman, Ellison, Gary Wang —, Fried, Yuki Iwamura, Attorney Thane Rehn, Rehn, Mark Cohen, Ellison's, Sam Trabucco, Trabucco Organizations: Alameda Research, Stanford, Jane Capital, Alameda, Bloomberg, Getty, Attorney, MIT, U.S Locations: Manhattan, Alameda, San Francisco Bay, New York, FTX

☆ Meet the Main Players in the FTX Trial
▼ + stars: | 2023-10-10 | by ( Wsj Staff | ) www.wsj.com time to read: 1 min

The ProsecutionFederal prosecutors say Bankman-Fried is the architect of one of the biggest financial frauds in U.S. history. They say he stole billions of dollars from FTX customers, using the funds to enrich himself, fund venture investments and make campaign contributions. The prosecution is led by Danielle Sassoon and Nicolas Roos, assistant U.S. attorneys. Yuki Iwamura/Bloomberg News

Persons: Danielle Sassoon, Nicolas Roos, Yuki Iwamura Organizations: Bloomberg

☆ Sex, Signal messages and sabotage: SBF's top execs and Bahamas roommates tell all in court
▼ + stars: | 2023-10-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

"Sam Bankman-Fried," he said. Wang said that in response to the reporting an emergency meeting was called between Bankman-Fried, Wang and Singh, to discuss shutting down Alameda. On Nov. 12, after FTX declared bankruptcy, Bankman-Fried asked Wang to drive with him to the Bahamas Securities Commission for a meeting. Yedidia said Bankman-Fried had told him, before he began working in the Bahamas in 2019, that he and Ellison had sex. Bankman-Fried asked Yedidia if it was a good idea for them to date, to which Yedidia said no.

Persons: Adam Yedidia, Sam Bankman, Jane Rosenberg, —, Gary Wang, Nicolas Roos, Wang, FTX, Nishad Singh, Caroline Ellison, Mr, Roos, Ellison, Fried, Reuters Wang, District Judge Lewis Kaplan, Singh, Yedidia, Bankman, Sam, Christian Everdell, he's, I'm, Matt Huang, Yuki Iwamura, Huang, Dawn Giel Organizations: Federal Court, Reuters, MIT, U.S, Alameda Research, District, Prosecutors, Bahamas Securities Commission, Massachusetts Institute of Technology, Google, Alameda, United, Paradigm, FTX, Bloomberg, Getty Locations: FTX, New York City, Bahamas, Manhattan, U.S, Alameda, Bahamian, New York, China, Minnesota, FTX's Hong Kong, Nassau, Bankman

☆ A judge gave permission for Sam Bankman-Fried's lawyers to give him suits, ties, and 'appropriate undergarments' to wear at his trial
▼ + stars: | 2023-09-28 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

A judge approved a request for Sam Bankman-Fried to wear business attire in court. Judges often allow jailed inmates to wear suits to avoid possible juror bias if they wore prison uniform. AdvertisementAdvertisementThe judge overseeing the trial of Sam Bankman-Fried approved a request on Wednesday for the FTX founder to wear business attire in court. Now behind bars at the Metropolitan Detention Center, his lawyers submitted a proposed order on Tuesday which asked Kaplan to allow Bankman-Fried to wear "business attire clothing." Judges often let jailed inmates wear business attire in court, because wearing a prison uniform could prejudice the jury.

Persons: Sam Bankman, —, Fried, Lewis Kaplan, Bankman, Kaplan, Fatih Aktas, YUKI IWAMURA, Tony Blair, Bill Clinton, Blair, Anthony Scaramucci, Scaramucci Organizations: Service, Metropolitan Detention Center, US Marshals Service, MDC, Anadolu Agency, Getty, British, Forbes, SkyBridge Locations: Bahamas, Manhattan, AFP, Rome

☆ Donald in Wonderland: lawyers for New York and Trump trade 'looking glass' jabs ahead of business-fraud trial
▼ + stars: | 2023-09-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Lawyers for New York's attorney general and Donald Trump sparred in a Manhattan courtroom Friday. AdvertisementAdvertisement"The defendants have clearly stepped through the looking glass," Amer told the judge, New York Supreme Court Justice Arthur Engoron. AdvertisementAdvertisement"We're through the looking glass here, too," Kise, who Trump has paid a $3 million retainer, promised the judge. AdvertisementAdvertisementNew York AG Leticia James' lawsuit against Trump will go to trial in October. AdvertisementAdvertisementShe's also asking the judge to ban Trump and Trump Org for five years from buying real estate in the state.

Persons: Donald Trump sparred, Trump, Donald Trump, Letitia James, Andrew Amer, Amer, Arthur Engoron, James, –, Christopher Kise, Trump's, Kise, general's, I'm, AG Leticia James, YUKI IWAMURA, Mario Tama, He'll, he'll, She's Organizations: New, Service, AG, Trump, Getty, Trump Organization, Trump Org Locations: Manhattan, Wall, Silicon, New York, AFP, Springs, Trump

☆ Number of billion-dollar weather disasters in US blows through annual record with four months left in the year
▼ + stars: | 2023-09-11 | by ( Ella Nilsen | ) edition.cnn.com time to read: +15 min

This year’s billion-dollar disasters have caused 253 direct and indirect fatalities and have resulted in $57.6 billion in damage, NOAA data shows. Joe Raedle/Getty Images Ken Kruse looks out at floodwaters surrounding his apartment complex in Tarpon Springs, Florida, on August 30. Joe Raedle/Getty Images Florida's Fort Myers Beach is seen during high tide ahead of Hurricane Idalia on August 29. Eva Marie Uzcategui/Bloomberg/Getty Images Shelves are left empty at a Target store in Gainesville, Florida, on August 29. Sarah Salmonese sits where her apartment once stood in Lahaina, Hawaii, on Friday, August 11.

Persons: CNN — It’s, Idalia, Hilary, Rachel Cleetus, ” Cleetus, Cristobal Herrera, Shutterstock, Sean Rayford, Cheney Orr, Reuters Jewell Baggett, Ulashkevich, EFE, Thomas Simonetti, Jack Lemburg, Richard Burkhart, Douglas R, Clifford, Zuma Press Donnye Franklin, Joe Raedle, Rebecca Blackwell, Ron DeSantis, Savannah Alderman Nick Palumbo, Ken Kruse, Hurricane Idalia, Eva Marie Uzcategui, Christian Monterrosa, Stephen M, Dowell, Reagan Ortagus, Tyler, Bob Self, NOAA Ana Iris Aguiar, Alexandre Meneghini, Marco Bello, Adrees Latif, Samson, Victor Cassano's, Chris O'Meara, Yamil Lage, Sharon Walsh, Doug Engle, Christine Willis, Andrew West, Harvey, Irma, Maria, Adam Smith, Michael, Laura, Ida, Ian, ” Smith, Deanne Criswell, Sarah Salmonese, Go Nakamura, Ken Alba, Jae C, Yuki Iwamura, Patrick T, Fallon, Bryan Anselm, Mike Blake, Matthew A, Foster, Rick Bowmer, Lauren Haley, Makalea Ahhee, Justin Sullivan, Max Whittaker, Zoltan Balogh, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Matthew Thayer, Criswell, It’s, ” Criswell, Cleetus, ” Organizations: CNN, National Oceanic, Atmospheric Administration, Idalia, NOAA, Tropical, Union of Concerned, “, Tampa Bay Times, ZUMA Press, Reuters, Press, Washington Post, Angels Episcopal Church, Savannah Morning, USA, Network Rescue, Zuma Press, AP Florida Gov, Savannah, Bloomberg, Getty, Duke, Orlando Sentinel, Florida Times, Union, AP, Reuters Pike Electric, Southwest Airlines, Tampa International Airport, Reuters Home Depot, Reuters Fort Myers, Federal Emergency Management, FEMA, Senate, Ukraine, New York Times, Staff, US Army National Guard, Maui Police, Facility, AP Volunteers, Grace Baptist, Volunteers, Los Angeles Times, Kahului Airport, Technologies, Kahului, AP Helicopters, Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Maui News Locations: United States, South, Midwest, California, Horseshoe Beach , Florida, Bend, Tampa, Horseshoe Beach, Perry , Florida, Keaton Beach , Florida, Madison , Florida, Steinhatchee , Florida, Samarra, St, Savannah , Georgia, Savannah, Steinhatchee, Crystal River , Florida, Perry, Crystal, Tarpon Springs , Florida, Mayo , Florida, Tarpon Springs, Myers, Hurricane, Gainesville , Florida, Sumterville , Florida, Johns County , Florida, Florida, NOAA, La Coloma, Cuba, Clearwater , Florida, Playa Majana, Suwannee , Florida, Batabanó, AFP, Guanimar, Ocala , Florida, USA, Reuters Fort Myers Beach, Gulf, Lahaina , Hawaii, Lahaina, Hawaii, Maui, Wahikuli, Wailuku, Kula , Hawaii, Kula, Kihei, West Maui, Grace, Napili, Honokowai, Honolulu, Maalaea, Kahului, Las Vegas, Church, Lahaina Hongwanji

☆ How forensic investigators use DNA, fingerprints and other methods to identify remains after a fire
▼ + stars: | 2023-08-26 | by ( Eric Levenson | ) edition.cnn.com time to read: +14 min

“DNA has been really extremely helpful for us, with the Rapid DNA,” said Alison Galloway, professor emerita of anthropology at the University of California-Santa Cruz, who helped identify remains during the Camp Fire. “If you don’t have that … then it’s a lot more difficult.”In general, forensic experts rely on DNA, dental analysis, fingerprints, medical hardware or circumstantial evidence to try to identify remains. “We’re still diligently working trying to make sure that we can identify (remains), and that’s why that DNA is so important, because we got fingerprints from three,” he said. Galloway, the forensics professor, said one of the advantages of the Rapid DNA technology is in quickly determining whether a DNA swab is usable. Maui asks for family members to come forwardFor Rapid DNA to work, family members of the missing have to willingly submit to DNA swabs.

Persons: ”, Alison Galloway, Santa Cruz, Josh Green, CBS’s, Sarah Salmonese, Go Nakamura, Ken Alba, Jae C, Yuki Iwamura, Patrick T, Fallon, Bryan Anselm, Mike Blake, Matthew A, Foster, Rick Bowmer, Lauren Haley, Makalea Ahhee, Justin Sullivan, Max Whittaker, Zoltan Balogh, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Matthew Thayer, John Pelletier, “ We’re, Stephen Meer, Sudhin, –, Meer, we’ve, you’ve, you’re, ” Meer, Jonathan Masaki Shiroma, what’s, …, Robert Quinn, “, Robert Quinn’s Organizations: CNN, University of California, New York Times, Getty, Reuters, Staff, US Army National Guard, Maui Police, Facility, AP Volunteers, Grace Baptist, Volunteers, Los Angeles Times, AP, Washington Post, Kahului Airport, Technologies, Kahului, AP Helicopters, Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Maui News, ANDE Corp, Forensic Science, Fire, FBI, Maui Emergency Management Agency Locations: Maui, California, Santa, Hawaii, Lahaina , Hawaii, Lahaina, AFP, Wahikuli, Wailuku, Kula , Hawaii, Kula, Kihei, West Maui, Grace, Napili, Honokowai, Honolulu, Maalaea, Kahului, Las Vegas, Church, Lahaina Hongwanji, Paradise , California, Galloway, Ukraine, ”, Butte County

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