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☆ 'It's not that Huawei is superior, it's that Apple is inferior': What the Chinese internet is saying about the iPhone 15
▼ + stars: | 2023-10-31 | by ( Kwan Wei Kevin Tan | Tom Carter | ) www.businessinsider.com time to read: +5 min

People in China just aren't that enamored with Apple's iPhone 15. Apple faces stiff local competition from Chinese rival Huawei, which launched its Mate 60 Pro smartphone weeks before the iPhone 15.launched its Mate 60 Pro smartphone weeks before the iPhone 15. As of press time, posts discussing the iPhone 15 have drawn over 100 million views on Weibo, China's version of X. If it were you, would you upgrade to the iPhone 15 just to get USB C charging?" Apple launched the iPhone 15 at its "Wonderlust" event in September.

Persons: — Organizations: Apple, Huawei, Weibo, Service, Bloomberg, Xiaomi Locations: China, Weibo, Hong Kong

☆ I'm fleeing Florida after almost 40 years because 'Rolls Royces, Range Rovers and Maseratis took over' and my home insurance skyrocketed
▼ + stars: | 2023-10-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

David, 58, had loved the slow pace and friendly community in West Palm Beach, Florida, since 1987. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with David, 58, who is moving to Savannah, Georgia, next year after almost 40 years living in West Palm Beach, Florida. We would drive down to see them, and West Palm Beach held some mystique to me. I spent nearly 40 years in West Palm BeachWhen I first came to West Palm Beach, I moved into this great little area that I fell in love with. I lived in a condo for two years, and then I bought property for $150,000 back in 1989 or 1990.

Persons: David, —, Maseratis, Georgia Wilmington Island , Florida Matthew Propst, we've Organizations: Service, Palm Beach, Insurance Locations: West Palm Beach , Florida, Georgia, Savannah , Georgia, Chicago, Florida, West Palm, Palm, New York, I'm, Georgia Wilmington Island , Florida, Palm Beach, Savannah, Wilmington

☆ A man is accused of trying to poison 77 people at a Russian pilot graduation party by gifting them a massive cake and whiskey: report
▼ + stars: | 2023-10-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A man is accused of trying to poison 77 attendees of a Russian pilots' banquet with cake and whiskey. Yegor Semenov brought the bottles of whiskey and a 44-pound cake to the banquet, Kommersant reported. AdvertisementAdvertisementA man in Russia is accused of delivering poisoned cake and whiskey to a military pilots' school banquet, according to local reports. FSB officials said the cake and whiskey were poisoned, and claimed that the gifts were arranged by Ukraine's spy services, per Kommersant. Baza reported that Semenov is 32, and had tried to fly out of the region from Stavropol after delivering the cake and whiskey.

Persons: Yegor Semenov, —, Semenov, Ukraine's, he'd, Baza Organizations: Kommersant, Service, Jameson, Higher Military Aviation School, Pilots, Federal Security Service, ., RIA Novosti, Russian Telegram, Fighter Bomber, Security Services of Ukraine Locations: Russian, Ukraine, Russia, Armavir, Krasnodar, Stavropol

☆ Moments in the ‘Buy Nothing’ Life
▼ + stars: | 2023-10-21 | by ( Michelle Madden | ) www.nytimes.com time to read: +1 min

We post on Buy Nothing in order to give. One man’s trash may be another’s “lucky futon.”In today’s Buy Nothing feed: a retro keyboard “up for grabs” gets 25 likes. Or, a retro keyboard is the one you’ve been searching for your whole life. Or, a retro keyboard is junk and should be disposed of in an ethical manner. Three tubes that I personally made available “if anybody has a use.” Yes, the tubes were expired, but “probably still fine,” I said.

Persons: ”, insensate, “ Locations: Los Angeles

☆ Kohl’s holiday look previews the retailer’s plans to snap out of sales slump
▼ + stars: | 2023-10-19 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +8 min

Melissa Repko | CNBCAs shoppers head to Kohl's stores this holiday season, they will see gift ideas, Christmas ornaments and a potential glimpse of the retailer's future. Kohl's has leaned in by opening more Sephora shops inside of its stores. It'll be a bigger part of this holiday season. A year ago, roughly half of Kohl's stores had a Sephora shop. Pet merchandise is getting more square footage at Kohl's stores.

Persons: Merchant Nick Jones, Melissa Repko, Tom Kingsbury, Michelle Gass, Levi Strauss, Kohl's, Kingsbury, Christie Raymond, Covid, Raymond said, splurge, It'll, Raymond, Sephora, it's, Nick Jones, It's, Jones, Fido Organizations: CNBC, Burlington Stores, Franchise Group, Kohl's, Marks, ASDA, Walmart, Bed Locations: Ramsey , New Jersey, Kohl's

☆ 28 Best Gifts for Dog Lovers
▼ + stars: | 2023-10-17 | by ( Jennifer Tzeses | ) www.wsj.com time to read: +15 min

Browse the ideas below, and take a look at our roundups of expert-approved products to keep your pet calm and the best gifts for cat lovers too. For the bakerThe Dash Dog Treat Maker—a small waffle iron with bone-shaped plates—lets your pal whip up homemade dog treats. Many similar custom pet portraits are available on Etsy, including a Mini Custom Watercolor Pet Portrait from Riverry Studio and a Custom Watercolor Pet Portrait from Pet Portrait Galaxy. “I will treasure them forever.” Haussmann also loves custom pet portraits and gifted one to his brother-in-law. For any dog ownerBaapet Dog Leash with Padded Handle $9+ at AmazonWe included the Baapet Dog Leash with Padded Handle as the best for everyday use in our list of the best leashes for every type of dog.

Persons: Jennifer Tzeses, —, Juliana DeWillems, ” DeWillems, Fido, DeWillems, ”, Robert Haussmann, he’s, Hernandez, AJ Hernandez, ’, Roxy, Maggie Marton, she’s, Marton, “, ” Haussmann, they’re, Cynthia Dockx, Haussmann, “ It’s, can’t, it’s, Buddy, Licking, Sophie Gamand, Hunter Finn, Dr, Finn, Mikkel Becker, Julie Burgess, Lucy, Pilar Scratch, Shih Tzu, Oddie, Ingrid Johnson, Johnson, Bob, It’s, Bellamy Richardson Organizations: Behavior Consulting, Washington , D.C, Dogboy, Riverry, BPA, Rover, Homes, Colo, Etsy, Apple Locations: Washington ,, Boston, Indiana, Morris Plains, N.J, Haussmann, McKinney , Texas, Seattle, Chihuahua, It’s, . New York, Petsafe

Some mortgage lenders permit a mortgage transfer if you have an assumable mortgage, and if your situation falls into one of the exceptions listed in the due-on-sale clause. How to know if your mortgage is transferableTo determine whether you're able to transfer your mortgage, you'll have to see if you have an assumable mortgage. An assumable mortgage will let a borrower transfer the mortgage to someone else even if they haven't fully paid it off. If you have an adjustable-rate mortgage or a government-backed mortgage (including FHA, VA, and USDA mortgages), you might have an assumable mortgage. Can you transfer your mortgage to someone else FAQsCan you just transfer a mortgage to another person?

Persons: —, Christopher Hurdman, You'll, Hurdman, you'll Organizations: Service, Chevron

☆ How Much Should I Contribute to My 401(k)?
▼ + stars: | 2023-10-09 | by ( Tanza Loudenback | ) www.wsj.com time to read: +10 min

401(k) contribution limits 2023 For 2023 Projected 2024 Maximum contribution $22,500 $23,000 Catch-up contribution $7,500 $7,500 IRS, MercerMost 401(k) contributions, including employer matches, go into a pretax, or traditional, 401(k) account. Some employers offer a Roth 401(k), which is essentially the inverse—but more on that later. To ensure you’re getting the full benefit of a 401(k) match, find out your employer’s matching formula and the maximum they could contribute. Should I contribute to a traditional 401(k) or a Roth 401(k)? In general, it makes sense to contribute to a Roth account when you have low or moderate income.

Persons: you’ve, Sam, ”, Derek Pszenny, “, Don’t, Marcy Keckler, Pszenny, ” Pszenny, You’ll, you’re, ” Keckler, Max, Roth IRAs, Roth, IRAs aren’t, IRAs, Keckler Organizations: Carolina Wealth Management, Mercer, Social Security, Ameriprise, Vanguard Locations: North Caroline

☆ SoftBank-backed gifting startup Sendoso just completed its fourth round of layoffs in the last 16 months
▼ + stars: | 2023-10-03 | by ( Samantha Stokes | Madeline Stone | ) www.businessinsider.com time to read: +4 min

SoftBank-backed gifting startup Sendoso laid off an undisclosed number of employees in its latest round of job cuts on Tuesday. This is the fourth time in the last 16 months that Sendoso has axed its headcount: the marketing startup in June 2022 laid off around 100 employees from its then 700-employee workforce, Insider previously reported . Sendoso most recently raised $100 million in a Series C funding round led by SoftBank Vision Fund. Better, which went public in August via a long-delayed SPAC deal, conducted another round of layoffs last month . Do you have information about job cuts at tech startups?

Persons: Sendoso, SoftBank, it's, —, Samantha Stokes, Madeline Stone Organizations: LinkedIn, U.S, Sendoso, SoftBank Vision, Greensill, Stock Locations: Ireland, sstokes@insider.com, mstone@insider.com

NEW YORK (AP) —Hattie McDaniel's best supporting actress Oscar in 1939 for “Gone With the Wind” is one of the most important moments in Academy Award history. Now, the Academy of Motion Pictures Arts and Sciences has created a replacement of McDaniel's legendary Academy Award that it's gifting to Howard University. Upon her death in 1952, McDaniel bequeathed her Oscar to Howard University where it was displayed at the drama department until the late ’60s. “Hattie McDaniel was a groundbreaking artist who changed the course of cinema and impacted generations of performers who followed her. We are thrilled to present a replacement of Hattie McDaniel’s Academy Award to Howard University,” said Jacqueline Stewart, Academy Museum president, and Bill Kramer, chief executive of the academy, in a joint statement.

Persons: Hattie McDaniel's, Oscar, McDaniel, gifting, university's Chadwick, Hattie McDaniel, Hattie, ”, Jacqueline Stewart, Bill Kramer, Hattie McDaniel’s, “, ” McDaniel Organizations: Academy of Motion Pictures Arts, Sciences, Howard University, Academy Museum of Motion Pictures, Boseman, of Fine Arts, Washington D.C, Hattie McDaniel’s, Jacqueline Stewart , Academy Museum, Ambassador Locations: American

☆ 2 female small-business founders share how they cracked the code on successful lead magnets — a win-win for your customers and company profits
▼ + stars: | 2023-09-22 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +5 min

Known as a lead magnet, the gift should be tied to the value your company offers. Develop and market a lead magnet like any other product or service. Insider spoke with small-business owners about what they'd learned about making a lead magnet successful. When brainstorming ideas for lead magnets, Louise considers what made her opt in to other companies' lead magnets. Lead magnets can also be an effective tool for segmenting and reengaging existing email subscribers, Louise said.

Persons: SBOs, Jenn Robbins, Ashley Louise, Louise, they'd, Robbins, what's, they're Organizations: Small, Service, Google Locations: Wall, Silicon

☆ My miserable, euphoric, muddy escape from Burning Man
▼ + stars: | 2023-09-07 | by ( Rob Price | ) www.businessinsider.com time to read: +14 min

Social media was having a field day turning Burning Man into the epicenter of schadenfreude and misinformation, the few people who managed to connect to the internet reported. AdvertisementAdvertisementThe reality of Burning Man was not quite so dire. 2023 was my first year at Burning Man. I'd wanted to go to Burning Man for years. Even before the floods, there was an uncomfortable tension to Burning Man.

Persons: Joy, I'd, JULIE JAMMOT, Betty, preemptively, There's, they'd, Twitter, Zeynep Tufekci, Tufekci, I've, Ansel, we'd, Rob Price Organizations: FEMA, National Guard, Social, Getty, New York Times, Rock City, YouTube Locations: Nevada, San Francisco, Silicon, playa, AFP, Somme, Northern Nevada, Rock, American, Ansel Adams, Trail

I want to retire a millionaire, so I asked a financial planner to look at my strategy so far. He said I need more tax diversification and income streams, and a plan for retirement income. He told me I need to contribute to my retirement account more often, not randomly throughout the year. That's why I found a financial advisor: I asked financial planner Adam Scherer to review my retirement portfolio and tell me if I'm on track to retire as a millionaire. To begin figuring out this strategy, Scherer recommends using a retirement calculator or working closely with a financial planner.

Persons: I've, Adam Scherer, Scherer, Roth, doesn't, Get Organizations: Service, Roth IRA Locations: Wall, Silicon

☆ Gen Z is ditching wedding traditions and embracing TikTok trends
▼ + stars: | 2023-08-31 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +9 min

The wedding industry is beginning to see the fallout of this shift away from tradition. That meant "wedding TikTok" — with its dancing groomsmen and videographers turned influencers — was the next best thing. "So it is time for us in the wedding industry to expand the definition of what a perfect day means." Adrienna McDermott spent nine years in the wedding industry before starting a marketing agency for wedding professionals called Ava and the Bee. "It really opened up my eyes for the power of TikTok," Lee said.

Persons: Ashley Klimper, wasn't, videographers, influencers —, who's, Klimper, Jimmy Choo, —, Vishal Joshi, Melanie Breault, She's, Stephanie Kirk, they're, fiancé, they've, Grace Lee, Birdy, Birdy Grey, Lee, Joshi, Joy, Adrienna McDermott, Ava, millennials, Zers Organizations: Service, Signet, expos, Facebook, swatch Locations: Wall, Silicon

☆ Ultrarich Burning Man attendees are getting slammed by climate activists for private jets and their outlandish use of plastic
▼ + stars: | 2023-08-29 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Burning Man began on Sunday — and some of the attendees were met with protests. Climate and anti-capitalist activists created blockades to hold up traffic at the festivalThe use of private jets by rich attendees and single-use plastics motivated the protests. AdvertisementAdvertisement"The blockade is also in protest against the popularization of Burning Man among affluent people who do not live the stated values of Burning Man, resulting in the commodification of the event," Seven Circles said. Burning Man Project, the group behind the festival, promotes leaving no trace on the environment, gifting and collaborating instead of buying, and decommodification in its 10 principles. The Burning Man Project did not immediately respond back to a request for comment from Insider.

Persons: —, dawDjxhV4y, michelle lh, Mun Chung, Elon Musk, Jeff Bezos, Elizabeth Holmes, splurge Organizations: bros, Guardian, Silicon, Amazon Locations: Nevada's

☆ What Is a Roth IRA and How Does It Work?
▼ + stars: | 2023-08-16 | by ( Tanza Loudenback | ) www.wsj.com time to read: +13 min

How does a Roth IRA work? “A Roth IRA offers investors a lot of flexibility which, in my opinion, is its biggest benefit,” says Eric Presogna, a financial planner in Erie, Pa.How is a Roth IRA different from a traditional IRA and from a 401(k)? The annual limits apply to traditional and Roth IRAs, in aggregate—meaning you can’t add more than the allowed amount to your traditional and Roth IRAs combined. High-income workers can use the “backdoor Roth” strategy to get money into a Roth IRA. How to fund a Roth IRAA Roth IRA typically needs to be funded before you can start choosing investments.

Persons: Roth, “ Roth, ”, David Edmisten, Internal Revenue Service doesn’t, you’re, Roth IRAs, we’ll, “, Eric Presogna, Nick Cantrell, don’t, posttax Roth, Cantrell, Zach Teutsch, brokerages, IRA —, ” Teutsch Organizations: IRA, Internal Revenue Service, Roth IRA, Washington , D.C, Fidelity, Vanguard, IRS, Financial Locations: Prescott, Ariz, Erie, Pa, Massachusetts, Washington ,

☆ 'Ho hum holiday' expected as shoppers deal with economic cross currents
▼ + stars: | 2023-08-16 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +5 min

Even though it’s still August, eyes are already on how the upcoming holiday shopping season will pan out. Coresight expects the 2023 year-end holiday sales for October through December to be up by just low single digits from a year ago. Harmon said this year’s forecast rests on the shoulders of “a couple of good years of strong holiday sales growth, making comparisons more difficult, and takes into account holiday spending is occurring sooner.”“The patterns of holiday spending have changed. The same pattern was repeated last year, effectively elongating the holiday sales season. At the same time, Harmon said US retail sales are slowing.

Persons: it’s, ”, John Harmon, Coresight, Harmon, Marshal Cohen, Cohen, ” Cohen Organizations: New, New York CNN, Coresight Research, National Retail Federation, Amazon, Walmart, Home, CNN, Federal Reserve Bank of New, P Global Market Intelligence Locations: New York, Santa, Federal Reserve Bank of New York

☆ Alexandria Ocasio-Cortez and House Democrats push Attorney General Merrick Garland to investigate Clarence Thomas' lavish gifts from billionaires
▼ + stars: | 2023-08-12 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

A group of House Democrats has asked the DOJ to investigate Supreme Court Justice Clarence Thomas. The letter stated that Thomas should be investigated because of the dozens of gifts he failed to disclose. On Thursday, after ProPublica published its latest report, a chorus of Democrats called on Thomas to resign, according to Politico. In April, Crow and Thomas first faced scrutiny related to the 20 years worth of undisclosed trips Crow is accused of gifting to Thomas, per ProPublica. The outlet later reported that Crow purchased Thomas' mother's house and allowed her to live there without paying rent.

Persons: Clarence Thomas, Thomas, Alexandria Ocasio, Cortez, Garland, Harlan Crow, ProPublica, Crow, unearthing, SCOTUS, Jamie Raskin, Hank Johnson, Ted Lieu, Jerry Nadler, Thomas's, gifting, Thomas —, —, Michaela Rose, John Roberts Organizations: House Democrats, DOJ, Service, Supreme, of Justice, GOP, Democrats, Politico, Reps, Dallas Morning News, ProPublica, SCOTUS Locations: Wall, Silicon, Alexandria, Rochelle

Considering contributing to a 529 plan for their college education, or making them your life insurance beneficiary. But when that generosity comes at the cost of depleting your own retirement savings, the prospect becomes a lot less compelling. At current levels, most American families will have absolutely zero interaction with federal estate taxes. Amorello explained: "Gifting money actually can help grandparents lessen their own net worth to lower estate taxes. Because if you're leaving behind an inheritance, but half of it is going to the estate taxes, that can be a daunting realization."

Persons: Kathryn Amorello, Don, It's, Amorello, you've, they're, we've, — Organizations: Service, Financial, Internal Revenue Service Locations: Wall, Silicon, Amorello

☆ Astronauts, ecologists, and bands are splashing out up to $100,000 on luxury custom-made globes
▼ + stars: | 2023-07-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Bellerby is a luxury London globemaker that counts astronauts, YouTubers, and artists among its customers. One customer even asked for a globe to be made as a urn for her father with his ashes inside. Euan Myles/Bellerby & Co GlobemakersMost of the cost comes from the labor required to make the intricate globes by hand. All Bellerby's globes are "entirely bespoke," with illustrations painted on by hand, head globemaker Eddy da Silva told Insider. They also added some illustrations, including a mastodon, a giant ground sloth, a glyptodon, and a woolly mammoth.

Persons: Marc Mitchell, Euan Myles, Bellerby, globemaker Eddy da Silva, Martin, Hugo, They've, Toby Essex, Peter Bellerby, Fenster, Reinhold Würth, he'd, globemakers, de Silva Organizations: Service, Bellerby, CliQQ, Würth Locations: London, Wall, Silicon, Peru, Cambodia, Polynesia, St, Kitts

☆ Supreme Court Justice Samuel Alito gives a middle finger to Congress: 'No provision in the Constitution gives them the authority to regulate the Supreme Court — period.'
▼ + stars: | 2023-07-28 | by ( Madison Hall | Azmi Haroun | ) www.businessinsider.com time to read: +4 min

Supreme Court Justice Samuel Alito spoke to The Wall Street Journal about congressional oversight. "No provision in the Constitution gives them the authority to regulate the Supreme Court," he said. "Congress did not create the Supreme Court," Alito said in an interview with The Wall Street Journal. No provision in the Constitution gives them the authority to regulate the Supreme Court — period." "Dear Justice Alito: You're on the Supreme Court in part because Congress expanded the Court to 9 Justices," Lieu tweeted.

Persons: Samuel Alito, Alito, Ted Lieu, Lieu, Sen, Sheldon Whitehouse, David B, Rivkin, Moore, SCOTUS, Harlan Crow, Clarence Thomas, Crow, gifting, Thomas, Thomas —, —, ProPublica, Paul Singer Organizations: Wall Street, Service, Democratic, Twitter, GOP, Dallas Morning News, Democrats Locations: Wall, Silicon

☆ Consumers will win in cannabis-credit card clash
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

The $376 billion payments network wants its financial partners in transactions for cannabis to crack down on using its debit cards, Bloomberg reported on July 26. The budding industry is running out of convenient options for customers to pay for its products. By definition, payments networks such as Mastercard and Visa (V.N) are middlemen, facilitating the movement of money between parties. In the weed business, that means they take the money from the buyer’s bank account and ship it into the dispensary’s. In Washington, D.C., some cannabis shops peddle quasi-worthless knickknacks such as stickers to customers while “gifting” small amounts of pot.

Persons: workarounds, Mastercard’s, Anita Ramaswamy, Lauren Silva Laughlin, Sharon Lam Organizations: YORK, Reuters, Mastercard, Bloomberg, Visa, D.C, Twitter, Thomson Locations: Washington

☆ Boys lie: How a 'Vanderpump Rules' 'Scandoval' caused this business to boom
▼ + stars: | 2023-07-24 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Earlier this year, when Bravo's "Vanderpump Rules" star Tom Sandoval cheated on his long-time girlfriend Ariana Madix with their co-star and real-life friend, Raquel Leviss, it reverberated from social media to front-page news. Madix summed up the cheating scandal, dubbed "Scandoval," well, stepping out days later on her way to tape the highly anticipated "Vanderpump Rules" reunion in a yellow hoodie and matching sweatpants from the clothing brand Boys Lie. A business born on InstagramTori Robinson and Leah O'Malley, co-founders of Los Angeles-based Boys Lie. Most people, particularly millennials and Gen Zers, have spent money they weren't originally planning to on products they saw in their social media feeds, several studies show. What's next for Boys Lie

Persons: Tom Sandoval, Ariana Madix, Raquel Leviss, Madix, Tori Robinson, Leah O'Malley, Robinson, O'Malley, Franklin, Tori Spelling, Dean McDermott, influencers, Instagram Tori Robinson, Gen Zers, What's Organizations: Los, Finance Locations: Los Angeles

☆ A millionaire couple in their 30s has 3 investing accounts set up for their 2-year-old daughter — and one for a baby on the way. Anyone can open one to help their kids get a head start on investing.
▼ + stars: | 2023-07-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

They have three investment accounts for their 2-year-old daughter, including a 529 plan. Insider reviewed screenshots of their investment accounts that showed these details. Brennan walked Insider through the investment accounts they've already opened for their kids. With a custodial Roth IRA, a "custodian" (usually a parent or grandparent) controls the Roth until the child reaches legal adulthood. While there are no age requirements to open a Roth IRA for a child, the child must have earned income.

Persons: Brennan, Erin Schlagbaum, Erin, Rowe Price, that's, Roth, she'll Organizations: Google, YouTube, IRS, Fidelity, Vanguard, IRA

☆ Sam Bankman-Fried is paying his defense lawyers with $10 million of misappropriated FTX funds, lawsuit says
▼ + stars: | 2023-07-21 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

But the FTX founder has lost much of his fortune, once worth billions of dollars. Lawyers say he has funded his defense with $10 million of company funds he previously gave to his dad. Sam Bankman-Fried is paying for his criminal defense lawyers with millions of dollars misappropriated from FTX, according to a complaint filed by the company. Since the FTX founder has lost much of his fortune, questions have been raised as to how he's been funding his defense. "On information and belief, Bankman-Fried's father has been using this "gift" to finance Bankman-Fried's criminal defense," the court document says.

Persons: Sam Bankman, Fried, FTX, John J, Ray III, he's, Forbes, Stanford, Joe Bankman Locations: FTX, California

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