Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "misappropriated"


25 mentions found


Read previewA former employee of Kanye West's has accused the rap mogul of threatening the staff and students of his private Christian school, Donda Academy, according to a new lawsuit filed Tuesday. Representatives for Donda Academy, Yeezy, and a lawyer for West did not immediately respond to a request for comment from Business Insider. AdvertisementPhillips was hired shortly after West's business empire began to collapse following his repeated antisemitic comments on social media, in which he claimed he would go "death con 3" on Jewish people. But, despite his public apologies for the remarks, Phillips said West's antisemitic comments and praise of Hitler continued at work, sometimes within earshot of students. "Fearing for their jobs and also to de-escalate Kanye's absurdities (so that the two present school children did not hear), the school staff did their best to ignore him."
Persons: , Kanye West's, It's, Donda, Trevor Phillips, Ye, West, Hitler, Phillips, Kanye, Pablo, West's, Bill Gates, Carney, Shegerian Organizations: Service, Donda Academy, Business, Yeezy, West, Associates Locations: Paris, California . West
A Jaguars ex-employee has been sentenced to 78 months in prison for stealing $22 million from the team. Amit Patel, 31, spent almost all of the money on losses on Draft Kings and FanDuel, his lawyers said. Prosecutors said Patel also used the cash to buy private flights, luxury items, and cars. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA former Jacksonville Jaguars employee who pleaded guilty to stealing $22 million from the team was sentenced to six and a half years in prison on Tuesday.
Persons: Amit Patel, FanDuel, Prosecutors, Patel, , undoubtably, Tiger Woods, Philippe, Megha Parekh, Parekh, Henry Lee Adams Jr Organizations: Jaguars, Service, Jacksonville Jaguars, Justice Department, Tesla, Nissan, Associated Press, BI, ESPN, NFL Locations: District, Florida, Beach , Florida
Bankman-Fried's lawyers filed a sentencing submission, asking for a prison sentence of no longer than 78 months — or six-and-a-half-years. The US Probation Office, which issues sentencing reports that judges typically rely on, recommended 100 years behind bars — which Bankman-Fried's lawyers called "barbaric." Advertisement"That recommendation is grotesque," Bankman-Fried's lawyers wrote. Sam Bankman-Fried's approach to veganism illustrated both his selflessness and awkwardness, his younger brother, Gabriel Bankman-Fried, wrote in a letter to the judge. In the sentencing submission, Bankman-Fried's lawyers argue that "the most reasonable estimate" for how much his victims lost was "zero."
Persons: , Sam Bankman, Barbara Fried, Joseph Bankman, Gabriel Bankman, neurodiversity, Sam, Bankman, Lewis Kaplan, Fried, Jane Rosenberg, FTX, Michael M Santiago, Carmine Simpson, Simpson, That's, Gabriel, Seth Wenig, Marc Mukasey, Torrey Young, weren't, Barbara Fried —, John J, Ray III, John Ray Organizations: Service, Business, US, Prosecutors, Alameda Research, Office, Stanford Law, MIT, Wall, of Prisons, San, United, AP Locations: Manhattan, FTX, Brooklyn, Bahamas
Peace's office said that as Rodriguez, who was arrested Wednesday, lost an increasing amount of money in trading in foreign exchange, he used money from new investors to pay prior investors their promised investment returns. Ex-cop Jason Rodriguez, 37, is accused of falsely promising investors in his fund, Technical Trading Team, that there would be guardrails to protect the trading risks for their money. That included a vow to never put a maximum of 1% of investors' funds at risk at any given time, the indictment says. A former New York City police officer was indicted for conspiracy to commit wire fraud after he allegedly lied to investors and lost most of the $4.8 million they put into his foreign exchange -focused investment fund, prosecutors said Wednesday. The suit says the defendants lost more than $3 million in trading forex on a leveraged basis, and "misappropriated participant funds for personal use."
Persons: Peace, cryptocurrency, Rodriguez, Attorney Breon, Jason Rodriguez, Benjamin Yaster, Edwin Carrion, Carrion, Danielle Hass, TTT, Defendants Organizations: Attorney, Eastern, of, U.S . Justice, Washington , D.C, Brooklyn U.S, Trading, New York Police Department, NYPD, Attorney's, U.S, Futures Trading Commission, Commodity, CFTC, Investments, CNBC PRO Locations: of New York, Washington ,, New York City, Bellerose , Queens, U.S, Brooklyn, Florida, Colombia, TTT
What It’s Like to Be a Sociopath
  + stars: | 2024-02-25 | by ( David Marchese | ) www.nytimes.com   time to read: +13 min
Photo illustration by Bráulio Amado Talk What It’s Like to Be a SociopathSociopaths are modern-day boogeymen, and the word “sociopath” is casually tossed around to describe the worst, most amoral among us. Gagne wrote “Sociopath,” her buzzy forthcoming memoir, to try to correct some of those misunderstandings and provide a fuller picture of sociopathy, which is now more frequently referred to as antisocial personality disorder. Just because I don’t care about someone else’s pain, so to speak, doesn’t mean I want to cause more of it. I’m not sure neurotypicals need any, because I have been identifying as a sociopath for years now, and my experience with people who don’t know that has been positive. That is what the sociopath experience is almost all the time.
Persons: Bráulio Amado, , Patric Gagne, Gagne, “ Sociopath, , “ I’m, ’ ”, What’s, I’ve, I’m, couldn’t, you’re, you’ve, You’re, Kristia Knowles, Schuster Organizations: Simon Locations: sociopathy
But sometimes — as in Ethan Coen’s and Tricia Cooke’s wonderful “Drive-Away Dolls” — they’re more adventurous. Noah Berlatsky Noah BerlatskyCoen, best known for his collaborations with his brother Joel, co-wrote and co-directed “Drive-Away Dolls” with his wife and queer filmmaker, Cooke. Jamie (played by Margaret Qualley) and Marian (played by Geraldine Viswanathan) are pictured in "Drive-Away Dolls." Margaret Qualley and Geraldine Viswanathan co-star in Ethan Coen's and Tricia Cooke's latest film, "Drive-Away Dolls." “Drive-Away Dolls” tells the audience watching through that fence or otherwise, that queer looking, queer film, queer art and queer people are all a valuable, fun and worthy heist.
Persons: Noah Berlatsky, George Clooney, Ethan Coen’s, Tricia Cooke’s, Noah Berlatsky Noah Berlatsky Coen, Joel, Cooke, Jamie, Margaret Qualley, Beanie Feldstein, Marian, Geraldine Viswanathan, Marian’s, Gary Channel, Matt Damon, , Coen, Tricia, Sen, don’t, Ron DeSantis, DeSantis, , they’ve, Ethan Coen's, Tricia Cooke's, buttoned, John McNaughton’s, Norman, Organizations: CNN, Texas, Channel, Florida Gov Locations: Chicago, Tallahassee, Florida, American, Florida —, Marion, Hitchcock’s
NEW YORK (AP) — David Bouley, the award-winning and frenetic chef whose idiosyncratic haute cuisine and crusty breads pleased critics and the public during a career chasing sleek deliciousness, has died. Bouley died of a heart attack Monday at his home in Kent, Connecticut, according to Lisa Queen, his literary agent. Other restaurants he worked in include Danube, Bouley Bakery, Upstairs at Bouley, Bouley at Home, Secession and Brushstroke, a collaborative effort with the Tsuji Culinary Institute in Osaka, Japan. Danube and Bouley Bakery each earned two Michelin stars. The restaurant Bouley — which famously had a foyer filled with apples — closed in 2017 after 30 years and several location changes, earning a three-star from the New York Times the year previously.
Persons: — David Bouley, Bouley, Lisa Queen, Daniel Boulud, Alain Ducasse, Jean, Georges Vongerichten, , ” Bouley, Roger Vergé, Paul Bocuse, Joel Robuchon, Gaston Lenôtre, Frédy, Le Périgord, The New York Times —, Brushstroke, Dan Barber, Eric Ripert, Christina Tosi, César Ramirez, Amy Scherber, Alex Ureña, Anita Lo, Galen Zamarra, Kurt Gutenbrunner, Brian Bistrong, Bill Yosses, James Beard, Nicole Bartelme, ___ Mark Kennedy Organizations: Wine Spectator, Beaujolais, New York Times, Sorbonne, Basque, The New York Times, Tsuji Culinary, Michelin, James, James Beard Foundation Locations: Kent , Connecticut, American, Storrs , Connecticut, Cape Cod , Massachusetts, Santa Fe , New Mexico, France, Switzerland, Le, La, Tribeca, Manhattan, Osaka, Japan, America
CNN —WWE’s parent company knew Vince McMahon — the founder of the wrestling behemoth — was a potential liability. That risk was realized Thursday when a former WWE employee accused McMahon of sexual assault and trafficking in a disturbing and graphic lawsuit. The company said McMahon has since repaid the company about $20 million for misappropriated corporate funds and for the legal fees TKO and WWE paid to investigate McMahon. Vince McMahon, Jr., was more akin to a king than a business executive in the world of WWE, his fingerprints on everything. “I have pledged my complete cooperation to the investigation by the special committee, and I will do everything possible to support the investigation,” McMahon said in a statement at the time.
Persons: Vince McMahon, , McMahon, , Janel Grant, behemoth McMahon, , Nick Khan, McMahon’s, Donald Trump’s, Donald J, ” McMahon,  McMahon, — Vince McMahon, Vince McMahon’s, Stephanie, Jr, reinstalling, Stephanie McMahon —, Khan, What’s, Grant, CNN’s Sam Delouya, Elizabeth Wagmeister Organizations: CNN, WWE, Companies, US Securities and Exchange Commission, SEC, Wall Street, Trump Foundation, UFC, Endeavor, Securities and Exchange Commission
Jeffrey Epstein accuser Virginia Guiffre said in court documents she was sex trafficked to Les Wexner on multiple occasions. She also said in a deposition that Wexner, who had hired Epstein as a financial advisor, had sex with minors. A spokesperson for Wexner denied the allegations and said Wexner knew nothing of Epstein's sex trafficking. AdvertisementJeffrey Epstein accuser Virginia Guiffre said she was trafficked to Les Wexner for sex on multiple occasions and that the billionaire also had sex with minors, according to a newly unsealed deposition. Related storiesWhen asked how many times she had sex with Wexner, Guiffre replied "multiple."
Persons: Jeffrey Epstein, Virginia Guiffre, Epstein, Wexner, , Guiffre, Ghislaine Maxwell, Maxwell, Prince Andrew, Les Wexner, Guiffree, Brad Edwards, Wexner's, Edwards, Jacob Shamsian Organizations: Service, Business, Wexner, L Brands, Body Works Locations: Guiffre
Binance founder and CEO Changpeng Zhao pleads guilty to felony charges Tuesday related to his failure to prevent money laundering on the crypto exchange platform. Former Binance CEO Changpeng Zhao on Tuesday named a new CEO of the cryptocurrency exchange he founded, after pleading guilty to federal money laundering charges and stepping down as the company's chief. Zhao named Richard Teng, a former CEO of Abu Dhabi Global Market, the UAE capital's financial services regulator, as Binance's new CEO. "He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth," Zhao added. Zhao appeared before Judge Brian Tsuchida for a hearing in a Seattle courtroom at 10:00 a.m. Pacific Time (1:00 p.m.
Persons: Changpeng Zhao, Zhao, Richard Teng, Teng, Binance, Sam Bankman, Fried, CNBC they'd, Brian Tsuchida Organizations: Abu, Abu Dhabi Global Market, Monetary Authority of, U.S, Bank, Emergency Economic, DOJ, CNBC, U.S . Department of Justice Locations: Abu Dhabi, UAE, Binance, Monetary Authority of Singapore, Seattle
Michael Rothenberg became known for his rapid rise to success with his VC firm, Rothenberg Ventures. But this week he became yet another Silicon Valley star to be convicted of fraud. AdvertisementA once high-flying Silicon Valley venture capitalist, whose partying lifestyle inspired an HBO show, has been convicted of committing fraud amounting to $18.8 million. Rothenberg first rose to prominence in 2013 after raising $5 million for his venture capital management fund, Rothenberg Ventures, aged just 27. But in 2016, Rothenberg Ventures collapsed after admitting to investors it was being investigated by the Securities and Exchange Commission (SEC).
Persons: Michael Rothenberg, Rothenberg, , Chace Crawford's, Vox Organizations: Rothenberg Ventures, Service, HBO, US, Office, Northern, Northern District of California, Bloomberg, Rothenbergs Ventures, Golden State Warriors, San Francisco Giants, Golden Globes, TechCrunch, Rothenberg's, T, Securities and Exchange Commission, SEC, Wired, River Studios, Coldplay, Valley Bank Locations: Silicon, California, Northern District, Napa Valley, Hollywood, San Francisco
In a video circulating online meant to convey the horrors of the war between Israel and Hamas, a small boy wails, his face caked in dust. Yet the boy’s cries actually rang out hundreds of miles away, in Syria, nearly a decade before Israel’s bombing campaign in Gaza over the past three weeks. “It’s horrifying.”Among the popular images and videos supposedly illustrating the human toll of the war: A heap of dead children swaddled in white, described as Palestinians killed by Israeli forces. A teenage girl being beaten by a mob and fatally lit on fire, promoted as proof of the ruthlessness of Hamas. Mr. Katan worked for the Aleppo Media Center, a group of antigovernment activists and citizen journalists, and is now based in Germany.
Persons: wails, sobs, , Elisa Massimino, , Hosam Katan, Katan Organizations: Hamas, Israel, Human Rights, Georgetown University, Aleppo Media Locations: Israel, Gaza, Syria, , Tajikistan, Guatemala, Aleppo, Germany
The 31-year-old onetime crypto mogul fumbled for an answer when the prosecutor, Danielle Sassoon, repeatedly asked whether he had told his employees not to spend FTX customer money on investments, pricey real estate and other expenditures. Mr. Bankman-Fried also couldn’t name any employees who might have authorized the use of FTX customer money for that spending. “I don’t recall giving any direction,” Mr. Bankman-Fried said three times about the spending of FTX customer money before he concluded his testimony. Both sides rested their case before lunchtime on Tuesday, with closing statements set to unfold on Wednesday. Mr. Bankman-Fried was on the stand for a third day testifying before a jury in his own defense for a trial that has come to symbolize the highs and lows of the volatile crypto industry.
Persons: Sam Bankman, Danielle Sassoon, Fried, ” Mr Organizations: Alameda Research Locations: Alameda
The way Dan Miller told it, his startup Spora Health was crushing it, providing high-quality care to "thousands" of people online. The startup had secured at least one big contract, with Apple, according to three former Spora employees and another source close to Spora. Four of them told Insider they either no longer worked with Spora or hadn't seen Spora patients in a year. Two doctors listed on Spora's website as "featured Spora providers" also told Insider that they no longer worked for the startup. Another former clinician said she only ever treated a handful of Spora patients.
Persons: Dan Miller, Miller, Spora, it's, UnitedHealthcare, Aetna didn't, paychecks, hadn't, he's, It's, , we've, " Miller, Shelby Livingston, Rob Price, Emmalyse Brownstein, Ryan Pickrell, Gloria Dawson, Stephanie Hallett, Alcynna Lloyd, Hayley Peterson Organizations: Company, TechCrunch, Spora, US Securities and Exchange Commission, Apple, Aetna, Stanford Graduate School of Business, Human Ventures, MaC Venture, SEC Locations: Spora, Level's, slivingston@insider.com
Overall EU support for Ukraine has totalled almost 83 billion euros since Russia invaded in February 2022, the Brussels-based executive European Commission said this week. Slovakia's Robert Fico, attending his first EU summit since being appointed for his fourth term as prime minister on Wednesday, adopted a similar line. Orban has also said he would not endorse in its current form the proposed EU budget revision, which includes the 50 billion in new aid for Kyiv. Fico said there was endemic corruption in Ukraine and demanded that any new EU aid include guarantees that the funds not be misappropriated, according to a statement from his office. "The questions are, what type of aid and how it is used, how we are sure, the European Union is sure, that this aid is used efficiently," he said.
Persons: Fico, Orban, Olaf Scholz, Slovakia's Robert Fico, Vladimir Putin, Nikolai Denkov, Jan Strupczewski, Phil Blenkinsop, Bart Meijer, Tassilo Hummel, Marine Strauss, Krisztina, Jason Hovet, Miranda Murray, Gabriela Baczynska, Philippa Fletcher Organizations: Ukraine New, Union, EU, Ukraine, European Commission, Russia, Kyiv, European Union, European, Bulgarian, Thomson Locations: Ukraine, Ukraine New Slovak, Ukraine BRUSSELS, Russian, Hungary, Slovakia, Brussels, Russia, SLOVAKIA, HUNGARY Hungary, Budapest, Bratislava, European Union
The Supreme Court in recent years has struck down two trademark laws based on free speech concerns. Elster applied for the "Trump Too Small" trademark to use on T-shirts, inspired by an exchange between Trump and U.S. Elster told the Supreme Court that his trademark uses a double meaning to criticize Trump while expressing his views about "the smallness of Donald Trump's overall approach to governing." Ernst also said the law at issue does not further the overarching trademark law goal of preventing marketplace confusion. "Nobody would be confused into believing that Donald Trump is selling T-shirts accusing him of being too small," Ernst said.
Persons: Marco Rubio, Donald Trump, Jim Young, Foley, Lardner, Trump, Steve Elster's, Joe Biden's, Elster, Erik Brunetti, denigrate Rubio, Marco, " Rubio, Donald Trump's, Elizabeth Prelogar, Biden, Obama, Kate, Jonathan Moskin, Moskin, Jack Daniel's, Joe, Hillary, Samuel Ernst, Ernst, Blake Brittain, Will Dunham Organizations: Republican U.S, U.S, Republican, REUTERS, WASHINGTON, Supreme, U.S . Patent, Trump, Appeals, Federal Circuit, TRUMP, International Trademark Association, Golden Gate University School of Law, Thomson Locations: Detroit , Michigan, California, U.S, Virginia, America, Washington
The Supreme Court in recent years has struck down two trademark laws based on free speech concerns. Elster applied for the "Trump Too Small" trademark to use on T-shirts, inspired by an exchange between Trump and U.S. Rubio responded at a campaign rally in Virginia that his rival had disproportionately small hands. Are they small hands?" Ernst also said the law at issue does not further the overarching trademark law goal of preventing marketplace confusion.
Persons: Blake Brittain WASHINGTON, Trump, Donald Trump, Steve Elster's, Joe Biden's, Elster, Erik Brunetti, Marco Rubio, denigrate Rubio, Marco, " Rubio, Donald Trump's, Elizabeth Prelogar, Biden, Obama, Kate, Jonathan Moskin, Foley, Lardner, Moskin, Jack Daniel's, Joe, Hillary, Samuel Ernst, Ernst, Blake Brittain, Will Dunham Organizations: Supreme, U.S . Patent, Trump, U.S, Appeals, Federal Circuit, TRUMP, International Trademark Association, Golden Gate University School of Law Locations: California, U.S, Virginia, America, Washington
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023. Bankman-Fried has pleaded not guilty and maintained that while he made mistakes running FTX, he never intended to steal funds. They say Alameda looted FTX funds through special trading privileges on the exchange. Cohen said the defense plans to call three brief witnesses before Bankman-Fried takes the stand. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Sam Bankman, Eduardo Munoz, Fried, Mark Cohen, Bankman, Mark Troiano, Cohen, FTX, Luc Cohen, Noeleen Walder, Jonathan Oatis Organizations: REUTERS, Alameda Research, Thomson Locations: New York, U.S, Alameda, Manhattan
A Tesla Model Y is seen on a Tesla car lot in Austin, Texas, on May 31, 2023. The Wall Street Journal reported in August that federal prosecutors were investigating whether Tesla used company funds to design and build a "glass house project" for Musk. Last year, Reuters reported that a federal criminal investigation was underway concerning Tesla's claims that its cars were self-driving. Reuters has reported, and research by Recurrent and others have revealed, that Tesla's cars frequently fail to achieve the mileage stated in range estimates and shown on the in-vehicle displays. Shares in Tesla were ticking higher Monday midday, starting to recover from a 15% decline last week following the company's pessimistic third-quarter earnings call.
Persons: Tesla, Elon, Musk, Vaibhav Taneja, Zachary Kirkhorn Organizations: Tesla, U.S . Department of Justice, Elon Musk's, Street, Reuters, SpaceX, X Corp, Tesla's, CNBC Locations: Austin , Texas
The White House has said Biden would unveil his additional funding request this week. The administration is considering $60 billion for Ukraine and $10 billion for Israel, according to a source familiar with the matter. The package is also expected to include tens of billions in funding for priorities from Asia to U.S. border security. Republicans in the House are also divided over whether to back more aid, with some far-right conservatives particularly opposed to money for Ukraine. Biden returned overnight from his brief Israel trip aimed at offering U.S. support following the Oct. 7 Hamas attack on Israeli villages and military bases.
Persons: Joe Biden, Ken Cedeno, Biden, Jon, Conservative Jim Jordan, Donald Trump, Republican Patrick McHenry, Biden's, Mount, Trevor Hunnicutt, Susan Heavey, Doina, Idrees Ali, Mike Stone, Jason Lange, Chizu Nomiyama, Jonathan Oatis Organizations: Human, Washington Convention Center, REUTERS, Rights, U.S . House, West Bank, U.S, MSNBC, Senate, Conservative, Republican, Reuters, U.S ., U.S . Navy, Department of Defense, Thomson Locations: Washington , U.S, Israel, Ukraine, Gaza, U.S, Asia, Tel Aviv, McHenry, Washington, Jordan
REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Oct 19 (Reuters) - Cryptocurrency exchange FTX's former top lawyer testified on Thursday that its founder Sam Bankman-Fried asked him to come up with "legal justifications" for why it was missing $7 billion in customer funds four days before the company declared bankruptcy. Sun said he told Bankman-Fried later that day that he could not identify any legal justifications. Sun's testimony could complicate Bankman-Fried's defense that he had a good-faith belief that Alameda's use of FTX customer funds was appropriate. They have said Bankman-Fried is considering testifying in his own defense after the prosecution rests its case on Oct. 26. Sun testified earlier on Thursday that Bankman-Fried told him that the company had kept its customer funds safe and separate from its own assets, and that he never approved the lending of FTX customer funds to Alameda Research.
Persons: Sam Bankman, Andrew Kelly, Fried, Apollo, Sun, FTX, Bankman, Danielle Sassoon, Luc Cohen, Will Dunham Organizations: FTX, Manhattan, REUTERS, Alameda Research, Thomson Locations: New York City, U.S, Bankman, Alameda, Manhattan, Bahamas, New York
Lawyers for the U.S. Attorney's office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Lawyers for the U.S. Attorney's office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. 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. In his testimony, Yedidia recalled a group Signal thread labeled "People of the House," which referred to Bankman-Fried's $35 million penthouse. Zoom In Icon Arrows pointing outwards Exhibit from the prosecution shows Signal thread called "People of the House," referring to Bankman-Fried's $35 million penthouse, where many employees lived.
Persons: Sam Bankman, Fried, Gary Wang, Adam Yedidia, Caroline Ellison, She's, somethings, Lewis Kaplan, Yedidia, it's, Ryan Salame, Joseph Bankman, Barbara Fried, Bankman, John Ray, Ray, Tiger Woods, Justin Timberlake, Michael Lewis, Lewis, napping, Mark Cohen, FTX, Ellison, hadn't Organizations: U.S, Southern, of, Lawyers, Alameda Research, Massachusetts Institute of Technology, MIT, SDNY, Bankman, Alameda, New Providence, FTX, Enron, Capitol, Prosecutors Locations: Bahamas, Manhattan, He's, of New York, Bankman, FTX, Alameda, Hong Kong, Caribbean, New Providence, New, U.S, Albany, oceanside
Anthropic looks set to be valued at $30 billion as it is in talks with Google for further investment. Prosecutors argue that the investment can't be used as evidence in Bankman-Fried's favor. AdvertisementAdvertisementProsecutors have asked the judge overseeing Sam Bankman-Fried's trial to stop the FTX founder's lawyers from referencing his $500 million investment in Anthropic. AdvertisementAdvertisementThat means Bankman-Fried's investment could be a major help in reimbursing the thousands of FTX customers who lost their money as the crypto exchange imploded last November. AdvertisementAdvertisementMichael Lewis, who interviewed Bankman-Fried more than 100 times for his biography, wrote that other FTX executives didn't approve of the Anthropic investment.
Persons: FTX, , Sam Bankman, Lewis Kaplan, Damian Williams, Anthropic, Williams, Fried, Gary Wang, Michael Lewis, Bankman, didn't, Ramnik Arora, Lewis, Sam Organizations: Google, Prosecutors, Service, Amazon Locations: Anthropic, Bankman, Alameda
On day one of Sam Bankman-Fried's criminal trial, assistant U.S. attorney, Danielle Sassoon, rattled off a lengthy list of potential witnesses who might be called to testify for either the government or the defense. The list, which was compiled jointly by both sides, was released during the afternoon session and included Bankman-Fried's brother, Gabe, as well his parents, Allan Joseph Bankman and his wife, Barbara Fried. Parents of the disgraced former CEO of FTX are themselves the subject of new scrutiny. Other entities that may take the witness stand included various venture funds and crypto-focused companies like Genesis, Lightspeed Venture Partners, Ontario Teachers Pension Fund, Third Point, Signature Bank, and Voyager Digital. Many of these businesses were hurt or wiped out by the collapse in cryptocurrency prices triggered in part by FTX's implosion.
Persons: Sam Bankman, Danielle Sassoon, Gabe, Allan Joseph Bankman, Barbara Fried, Ellison, FTX, Wang, Anthony Scaramucci, Fried Alfred Lin, Sequoia Capital Zac Prince, Michael Lewis Organizations: Alameda Research, U.S, SkyBridge, Sequoia Capital, Lightspeed Venture Partners, Ontario, Pension Fund, Signature Bank, Voyager Locations: Bankman, Manhattan
But officials have made clear recently that other forms of US aid are potentially in jeopardy if Ukraine does not do more to address corruption. The US has provided Ukraine with over $23 billion in direct budget support since the war began, according to the Congressional Research Service. In a statement to CNN, the Ukrainian embassy in Washington said that Ukraine has moved “ambitiously” to pass reforms, including on its IMF program. That money is also the “most closely scrutinized” form of aid to Ukraine, a senior Democratic Senate aide told CNN. The US intends to provide up to $3.3 billion in direct economic aid to Ukraine if Congress authorizes its $24 billion supplemental request for Ukraine.
Persons: Biden, Jake Sullivan, Antony Blinken, Volodymyr Zelensky, Matthew Miller, Miller, , Denys Shmyhal, Blinken, , It’s, Megan Reed, Sen, Lindsey Graham, Zelensky Organizations: CNN, Ukraine, The State Department, Congressional Research Service, United States Agency for International Development, USAID, World Bank, Ukrainian Ministry of Finance, International Monetary Fund, IMF, National Bank of, General Prosecutors, National Security, Ukrainian, White, Ukrainska Pravda, Government of, EU, State Department, NATO, Ukrainian Ministry of Defense, Democratic, Republicans, Pentagon, The Defense, Ukrainian MoD Locations: Ukraine, Ukrainian, Washington, National Bank of Ukraine, USA, Russia, Kyiv, Europe, Government of Ukraine, United States, EU
Total: 25