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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
Sam Bankman-Fried has been sentenced to 25 years in prison. US District Judge Lewis Kaplan sentenced Bankman-Fried Thursday to 25 years in prison. In his sentencing, Kaplan described Bankman-Fried as ambitious and deceitful, willing to gamble with his customers' livelihoods. He knew it was criminal," Kaplan said as Bankman-Fried slumped in his chair. AdvertisementNow that Bankman-Fried's sentencing is over, Kaplan, the judge, will likely swiftly order sentencing hearings for Ellison, Wang, and Singh.
Persons: Sam Bankman, Fried, , Lewis Kaplan, Bankman, Kaplan, Prosecutors, Bernie Madoff, Marc Mukasey, Mukasey, perjured, it's, FTX, Caroline Ellison, Gary Wang, Nishad Singh —, Ellison, Wang, Singh, Ryan Salame, I've, didn't, John J, Ray III, Ray, Joseph Bankman, Barbara Fried Organizations: Service, Justice Department, FTX, Alameda Research, Prosecutors, Detention, Federal Bureau of Prisons Locations: Manhattan, FTX, Bahamas, Washington , DC, Brooklyn's, San Francisco
Bankman-Fried, the founder and former CEO of failed crypto exchange FTX, will head on Thursday to a federal court in downtown Manhattan, where U.S. District Judge Lewis Kaplan will deliver his sentencing. After a month of personally dabbling in the market, Bankman-Fried launched Alameda Research, named after the California county that housed his first office. The so-called crypto winter of 2022 wiped out hedge funds and lenders across the crypto universe. May of 2022 brought the crash of stablecoin Luna, creating a domino effect that sent crypto prices plunging, devastating other lenders. On Nov. 2, 2022, crypto trade site CoinDesk publicized details of Alameda's balance sheet, which showed $14.6 billion in assets.
Persons: Samuel Bankman, MacKenzie Sigalos, Sam Bankman, Fried, Damian Williams, District Judge Lewis Kaplan, they'd, FTX, Amr Alfiky, Jane Street, Goldman Sachs, stablecoin Luna, Solana, Changpeng Zhao, Binance, Zhao, Jane Rosenberg, he'd, Cromwell, John J, Ray, confidants, — CNBC's Rohan Goswami Organizations: CNBC, Metropolitan Detention, U.S, District, Prosecutors, Reuters, Jane, Alameda Research, Formula, Democratic, Voyager, Alameda, FTX, Industry, Investors, Enron, Securities and Exchange Commission, Stanford University Locations: San Francisco, he's, Brooklyn, Manhattan, U.S, New York City, South Korea, Alameda, California, Miami, Washington, Solana, FTX, New York, Palo Alto , California
Jenn Tran was announced as the star of season 21 of "The Bachelorette." AdvertisementJenn Tran didn't find love with Joey Graziadei on season 28 of "The Bachelor," but she's getting a second chance at romance as the star of the upcoming season of "The Bachelorette." AdvertisementAlthough Bachelor Nation got to know Jenn a bit on "The Bachelor," she teased that there's "a lot that you don't know about me yet." Related storiesAhead of the season 21 premiere in July, here's what to know about Jenn. We'll find out plenty more about the newest Bachelorette when her season premieres on ABC this summer.
Persons: Jenn Tran, , Jenn Tran didn't, Joey Graziadei, Tran, I've, Jenn, She's, Peter Parker, Taylor, Jonas, Shawn Mendes, We'll Organizations: Service, University of Wisconsin — Madison, Red, Alpha Phi Foundation, Instagram, Gillette, ABC Locations: Miami, Greece, Italy, Bahamas, Massachusetts
I took a seven-day voyage on one of the largest cruise ships in the world, my first cruise ever. I spent much of my time battling crowds, waiting in lines, and sitting on hot tour buses. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I spent more time waiting in lines than I had anticipated, and I saw much of the world from behind other people's heads. Here's an overview of the most disappointing aspects of my cruise, from getting to the port to sailing across the region
Persons: Organizations: Service Locations: Fort Lauderdale , Florida, Honduras, Mexico, Bahamas
Two crew members on a Holland America cruise ship died during an "incident" in the engineering space. In a statement, the cruise line said it was "deeply saddened" by the incident. AdvertisementTwo crew members aboard a Holland America cruise ship died during an 'incident' in the ship's engineering space. AdvertisementAuthorities were notified and the cause of the deaths is being investigated, the cruise line said. Statistics also show that 97 passengers and crew members died due to cardiac issues, 72 died due to accidentally falling overboard, and 60 died due to jumping overboard.
Persons: , Holland America Organizations: Bahamas Maritime Authority, Service, Holland America, Nieuw, Holland, Statistics, Princess Cruises, Carnival Corporation Locations: Holland America, Nieuw Amsterdam, Bahamas, Holland, Fort Lauderdale , Florida, Sydney
CNN —Heath Barnes opened his book on the upper decks of the Bahamas-bound Carnival Freedom cruise ship in between bouts of rain. Cruise ship officials reported the fire broke out on the port side of the ship’s exhaust funnel around 3:15 p.m. local time, according to a news release from Carnival Cruise Line. Witnesses reported the ship may have been struck by lightning, but that has not been confirmed and the cause is still being investigated, according to the cruise line. The ship visited Freeport on Sunday, Carnival said, adding there were no operational issues with the ship’s systems. This was his 18th Carnival Cruise trip.
Persons: CNN — Heath Barnes, , Barnes, Carnival, “ It’s Organizations: CNN, Cruise, Carnival Cruise, Port Canaveral, US Coast Guard Locations: Bahamas, Woodsboro , Maryland, Freeport, Sunday, Port
To cruise lines, they're cash cows. Related storiesThese are the three reasons cruise-run private destinations have become so important. Amid rising fuel costs, it's easy to see why cruise lines would want to plan more itineraries around these nearby stops. Private destinations keep profits in-houseThe bar had two halves: one on land and the other at pool level. And because there's no need to rely on other excursion operators, they allow cruise lines to keep more profits in-house.
Persons: , Patrick Scholes, Michael Bayley, Naftali Holtz, it's, Scholes, wouldn't, Linken D'Souza, Brittany Chang, Josh Weinstein, Jason Liberty, Simone Padovani, CHANDAN KHANNA, They're Organizations: Service, Royal, Business, Truist Securities, Disney Cruise Line, Disney Cruise, Holland America, MSC, Royal Caribbean International, Royal Caribbean Group, Beach, cabanas, Carnival Corp, Private, Hideaway, Disney, Key, Getty Locations: Miami, Bahamas, CocoCay, Caribbean, Honduras, Belize, Eleuthera, Cay, Holland, Royal Caribbean, Paradise, Nassau, Florida, cabanas, Royal, Orlando, Venice, Italy's Giudecca, Santorini, Greece, Key West , Florida, California, Alaska , Maine, Europe, Juneau , Alaska, French Polynesia, Italy
The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). "I hear she's staying right up the street," a woman sitting alone at the bar told us. With a population of only 1,800, Harbour Island and its one and only town, Dunmore Town, makes Saint Barts (population 11,000) look like midtown Manhattan. The woman herself, she explained, had moved to Eleuthera, a 10-minute water taxi ride away, where the hoi polloi rarely come, apparently. All of which begs the question: Why on earth would anyone, let alone Taylor Swift and a bunch of billionaires, come to this tiny speck?
Persons: Taylor Swift, Travis Kelce, speck, bemusement, Barts, she's, eyeing, Saint Locations: Bahamas, Dunmore Town, Manhattan, Eleuthera
I had horrible weather and rough seas that left me feeling sick after the cruise. We had unusually rough seas throughout the entire cruiseI had some pretty bad weather throughout my cruise. AdvertisementMy brain knew I was on solid ground, but I felt like I was still on the cruise ship battling rough waves. I'm avoiding cruises from now onRelaxFoto.de/Getty ImagesI had some great laughs with friends on board despite the rough seas and lack of sunshine. One bad experience culminating with motion sickness on dry land is enough to make me want to avoid any cruises in the future.
Persons: , Thomas, St, Maarten, Brittany VanDerBill, I'd, didn't, I'm, it's Organizations: Service, Royal, Minnesota Locations: Caribbean, Royal Caribbean, St, Bahamas, Brittany
WASHINGTON — Billionaire 5-hour Energy entrepreneur Manoj Bhargava maintained allegedly undeclared bank accounts worth hundreds of millions of dollars at the Swiss bank Pictet, according to documents cited by Senate Finance Committee Chairman Ron Wyden, D-Ore., in a letter sent Wednesday to the bank's managing partner in Geneva. The letter, which seeks information as part of an ongoing committee investigation, did not name Bhargava, instead referring to him as "Person 1." But according to a source familiar with the investigation and documents reviewed by CNBC, Bhargava was the account holder at issue. "According to records reviewed by the Committee, Person 1 has been a Pictet client for at least fifteen years," Wyden wrote. An attorney for Bhargava, Bryan C. Skarlatos, told CNBC he had no comment on the letter.
Persons: Manoj Bhargava, Ron Wyden, Bhargava, Wyden, Bhargava —, Bryan C, Skarlatos Organizations: WASHINGTON —, Senate Finance, CNBC Locations: Swiss, Geneva, Bahamas
Where the Connecticut-based manager sets itself a part from peers and rivals is with its talent strategy. "Talent is global, opportunity is not," the website states. In this three-stage competition, students and academics from around the world can submit math models predicting market moves for a chance to win a piece of the $400,000 prize pool. Out of those 60,000, 4,000 have received part-time contracts from WorldQuant and have been given access to even more data and tools. For Tulchinsky, born in Soviet-era Belarus, the competition and the BRAIN platform are a chance to see the best work from untraditional places.
Persons: WorldQuant, Igor Tulchinsky, — Nihar Patel, Vaibhav Gupta, — Patel, Gupta Organizations: Service, Business, Indian Institute of Technology, Ivy League Locations: Connecticut, Singapore, Indian Institute of Technology Delhi, Bahamas, WorldQuant, Belarus
Ron DeSantis, a Republican, to deploy more than 250 law enforcement officers and soldiers to the Florida Keys to “protect our state” and stop a possible surge of Haitian migrants fleeing the violence. The deployment includes officers from the Florida Department of Law Enforcement, the Fish and Wildlife Conservation Commission officers, and members of the Florida National Guard and Florida State Guard. The US Coast Guard said Tuesday that it had repatriated 65 migrants to Haiti after they were picked up on a boat near the Bahamas. Since October 1, the Coast Guard said, it has repatriated 131 migrants to Haiti. The Coast Guard said it has not seen an increase in migrants from Haiti in recent weeks.
Persons: Eliantes Jean Jacques, Jean Jacques said, Prince, Jean Jacques, “ I’m, , , Ron DeSantis, Tessa Petit, Petit, ” Petit, DeSantis, , Gepsie Metellus, Sant, Guerinault Louis, Ariel Henry, Santo, Henry, Haiti’s, Jovenel Moïse, who’s, Dotie Joseph, ” CNN’s Caitlin Stephen Hu, David Culver, Evelio Contreras, Tara John, Carlos Suarez, Denise Royal Organizations: CNN, Gov, Republican, Florida Immigrant Coalition, Florida Department of Law, and Wildlife Conservation, Florida National Guard, Florida State Guard, US Coast Guard, Coast Guard, The Coast Guard, Haitian Neighborhood Center, Anadolu, Getty, Kenyan, Residents, United Nations, Democrat, North Locations: Haitian, Florida, Port, Haiti, North Miami, , Dominican Republic, Bahamas, Santo Domingo
Sometimes events are simply fantasy themed, without reference to specific books or fantasy worlds. Dreams shattered.”She attributes the growing demand for fantasy events to the commercial success of fantasy romance books, especially among Millennial women. The past year has also seen a spike in the popularity of “romantasy,” or romance fantasy books. “You know, work dredges on for a lot of people,” said Brittany Proctor, a Michigan-based entrepreneur who’s been hosting fantasy balls in the Midwest since 2022. In fact, Proctor is considering scaling back some of her events due to the sheer number of these fantasy balls that have been cropping up in recent years.
Persons: San Diego Comic Con, Con, Harry Potter, , Katherine Stinson, Eric Atticus, Stinson, Dana John, , she’s, Alexander Chernev, Matt Harris, Sarah J, Maas, Patti McConville, Juliette Sureau, Sureau, Sophie Valfroy, “ romantasy ”, “ They’re, ” Juliette Sureau, Shaun Wada, Ariana Smoak Holly Simone, Tok, Simone, Shawn Strider, ” Stinson, Brittany Proctor, who’s, ” Maja Djikic, you’re, ” Djikic, Proctor, “ I’ve, I’m Organizations: New, New York CNN, Social, Allied, Research, Disney, Universal, San Diego Comic, TikTok, CNN, Stinson, Northwestern’s Kellogg School of Management, Barnes, Noble Booksellers, Times, Google, , University of Toronto Locations: New York, Canada, Houston, Houston , Texas, Texas, New York City, USA, TikTok, Columbia , South Carolina, London, Los Angeles, Michigan, , Bahamas
NEW YORK (AP) — FTX founder Sam Bankman-Fried's orchestration of one of history's largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. “His life in recent years has been one of unmatched greed and hubris; of ambition and rationalization; and courting risk and gambling repeatedly with other people’s money. And even now Bankman-Fried refuses to admit what he did was wrong,” prosecutors wrote. Bankman-Fried was extradited to the United States in December 2022 from the Bahamas after his companies collapsed a month earlier. “Even following FTX’s bankruptcy and his subsequent arrest, Bankman-Fried shirked responsibility, deflected blame to market events and other individuals, attempted to tamper with witnesses, and lied repeatedly under oath,” prosecutors said, citing his trial testimony.
Persons: — FTX, Sam Bankman, Prosecutors, Tom Brady, Larry David, , Fried, , ” “, Judge Lewis A, Kaplan, Marc Mukasey, “ Sam, ” Mukasey, Locations: Manhattan, , United States, Bahamas, Palo Alto , California
The country's prime minister resigned this week amid mounting international and national pressure. AdvertisementThe Caribbean island nation of Haiti is on the brink of catastrophe after weeks of ongoing gang violence and political unrest. Finance Minister Patrick Boisvert, who was acting as the country's prime minister with Henry out of the country, ordered a state of emergency on March 3. Henry, 74, has been the unelected prime minister of Haiti since the 2021 assassination of then-President Jovenel Moïse. Various representatives of Haiti's political and private sectors will make up the council that chooses the next leader, he said.
Persons: , Ariel Henry —, Henry, Jimmy Chérizier, Patrick Boisvert, Chérizier, Prince —, Ariel Henry, Jovenel Moïse, Moïse's, Moïse, Guerinault Louis, Haiti hasn't, Antony Blinken Organizations: Service, Haitian, UN, Finance, United Nations, CBS, Anadolu, Getty, Western Hemisphere, Associated Press, AP, Multinational, International Rescue, Reuters Locations: Haiti, Puerto Rico, Kenya, Port, Dominican Republic, Caribbean, Haitian, Hispaniola, Bahamas, Mexico
Karen Edwards has traveled to or lived in 57 countries with her husband and four children. AdvertisementThis as-told-to essay is based on a conversation with Karen Edwards, who blogs about her family's life abroad. Karen Edwards' son and the camper van they lived in. My kids played with Peruvian children — it was really, really special. AdvertisementKaren Edwards' husband and children.
Persons: Karen Edwards, , I've, Edwards, Karen Edwards I've, It's, We've, it's, Karen Edwards ⁠, they've, we'll Organizations: Service, Sri Locations: Sri Lanka, Dublin, London, Abu Dhabi, London Borough, Croydon, Southeast Asia, Vietnam, Taiwan, Hong Kong, Malaysia, Indonesia, Singapore, Canada, Argentina, US, Mexico, Bahamas, Grand Cayman, Jamaica, Belize, Nicaragua, Guatemala, Costa Rica, Panama, Colombo, Peru, Bolivia, Europe, Central Asia
Cruise lines are embracing private destinations in part due to overcrowding at popular ports. At least 14 private cruise destinations have opened or will open soon in the Caribbean. So what's a cruise line to do when it's no longer welcome at popular destinations? It's a strategy popular cruise lines are increasingly embracing. Private islands and beaches have popped up throughout the Caribbean, one of the world's hotspots for cruises.
Persons: , they're Organizations: Service, Travel, Business Locations: Caribbean, CocoCay, Bahamas
Wonder of the Seas, sailing since March 2022, is nearly 1,200 feet long and 210 feet wide with 18 decks. Wonder of the Seas in Costa Playa, Mexico. Joey Hadden/Business InsiderFor $2,000, I spent seven nights in an ocean-view stateroom on deck eight. During my voyage, the ship sailed to Roatán, Honduras; Cozumel and Costa Maya in Mexico; and Royal Caribbean's own private island in the Bahamas. The enormous ship had eight communal areas that Royal Caribbean calls "neighborhoods."
Persons: Joey Hadden, Royal Locations: Costa Playa, Mexico, Roatán, Honduras, Cozumel, Costa Maya, Bahamas
CNN —The Biden administration is discussing using Guantanamo Bay to process Haitian migrants if there is a mass exodus to the US amid worsening conditions in the country, according to a US official. “We are clear-eyed that economic, political, and security instability are key drivers for migrants around the world. A Homeland Security spokesperson said that so far, migration from the Caribbean remains low. The United States returns or repatriates migrants interdicted at sea to The Bahamas, Cuba, the Dominican Republic, and Haiti,” the spokesperson added. And we are ready if a mass migration — if we need to deal with a mass migration.
Persons: CNN —, Biden, , Ariel Henry, , Laura Richardson, Rebecca Zimmerman, they’re, Joe Biden, CNN’s Haley Britzky Organizations: CNN, National Security, Homeland Security, DHS, State Department, United Nations, United, Marine, Team, Immigration, Customs, Department of Homeland Security, Defense Department, Congress, Southern Command, Defense for Homeland Defense, US Customs, Border Protection Air, Marine Operations, US Border Patrol, Coast Guard, Border Patrol, Border Protection, House, Republican Locations: Guantanamo Bay, Cuba, Haiti, Florida, Guantanamo, Caribbean, United States, Bahamas, Dominican Republic, Port, Mexico
Last year, I paid $50,000 to go on a four-month cruise that took my family and me to 30 countries. I see the money spent as an investment — not just in travel, but in a collection of memories that we will treasure forever. "Our room for four months months on the cruise, with our balcony view." Photo: Michelle Schroeder-GardnerI bonded with my family in a unique wayAfter our daughter was born, the idea of a world cruise piqued our interest. For example, when we lived on our sailboat, we spent six months in the Bahamas every year.
Persons: Michelle Schroeder, Gardner, Sultan, We're Organizations: Santa Cruz de La Locations: Cartagena , Colombia, Florida, Moorea, French Polynesia, Panama, Polynesia, New Zealand, Asia, Bahamas, Sultan Qaboos, Oman, Australia, Thailand, Turkey, Montenegro, Spain, Mexico, Canary, Santa Cruz de, Santa Cruz de La Palma
CNN —Intruders broke into a major port terminal in Haiti Thursday as violence in the country escalated after the government extended its state of emergency. It comes as Port-au-Prince’s Caribbean Port Services (CPS) terminal, a major player in Haiti’s food import supply chain, was broken into around 8 a.m., two security sources told CNN. Pléiades Neo/AirbusOne Airbus satellite image shows a significant amount of material littering the area of the container port terminal. The chaos has forced tens of thousands to flee their homes in the past few days, adding to the more than 300,000 already displaced by gang violence. A law enforcement officer at a police station set on fire by armed gangs in Port-au-Prince, Haiti, on March 5, 2024.
Persons: Pléiades, Jimmy Cherizier, Prince, Cherizier, Ariel Henry’s, Odelyn Joseph, Stephane Dujarric, Dujarric, ” Ronald Laroche, ” Laroche, , , they’ve, Henry, Jovenel Moise, Raymond King of, King, Médecins Organizations: CNN, Caribbean Port Services, CPS, Airbus, Haitian National Police, Reuters, Food, United Nations Office, Humanitarian Affairs, UN, Protection, Kenyan, Royal Bahamas Defence Force, MSF Locations: Haiti, Region, Port, Prince, Prince’s, , United States, Canada, Puerto Rico, Dominican Republic, Hispaniola, Kenya, Caribbean, Cité, Syria, Myanmar
Ms. Moore, 75, has always felt safe during her stays in Jamaica, where she’s returning for the fourth time on Wednesday. But this year, while she’s still happy to take a trip, a travel advisory for Jamaica, reissued in January by the U.S. State Department, has elevated her concerns. “I’m sure there are parts, just like the United States, that you can go into that are not recommended,” said Ms. Moore. In recent weeks, the State Department and U.S. Embassies have issued new and updated advisories urging travelers to Mexico, Jamaica and the Bahamas — some of the busiest international spring break destinations — to exercise extra caution after recent violent events, some in tourist areas. Security experts suggest that the advice is largely consistent with advisories of previous years.
Persons: Ginger Moore, Moore, she’s, , Organizations: U.S . State Department, State Department, U.S, Embassies Locations: Panama City, Fla, Caribbean, Jamaica, United States, Mexico, Bahamas
His passenger, who had no flying experience, landed the plane and Ken was rushed to the hospital. As a pilot, I had a routine schedule: fly a small group to the Bahamas, then return to Florida with another passenger. I was in disbelief, not only that I'd survived the aneurysm but that Darren had landed the Cessna 208. I still fly the same plane I was in when I had the aneurysm. A lot of things went wrong that day, but more went right, allowing me to continue enjoying my life and to fly another day.
Persons: Ken Allen, Ken, , Russ, Darren, I'd, Stanna, Nishant Patel, That's, it's, I've, he's Organizations: Service, Russ, Beach Gardens Medical, Cessna Locations: Bahamas, Florida
The number one upgrade I pay for on any cruise is a balcony cabin. I like being about to hang out on my private balcony when I want some quiet time. Megan duBoisWhether I'm headed to the Caribbean, the Mediterranean, or the Bahamas, I always pay extra for a balcony cabin on a cruise. I love that I can walk outside and see the ocean at any time. It's different on every cruise, but balcony cabins typically cost at least $100 to $200 more than interior staterooms.
Persons: Megan duBois, I'm Locations: Caribbean, Bahamas
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