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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
UN Urges More International Focus on Rohingya Refugees
  + stars: | 2023-10-17 | by ( Oct. | At A.M. | ) www.usnews.com   time to read: +2 min
By Panu Wongcha-umBANGKOK (Reuters) - The United Nations refugee agency on Tuesday urged the international community to keep focus on the plight of the Rohingya refugees amid a funding crunch and the lack of long-term solution for their safe return to Myanmar. Nearly one million Rohingya Muslims fled a military-led crackdown in Buddhist-majority Myanmar in 2017 and are now living in camps in Bangladesh in what U.N. High Commissioner for Refugees Filippo Grandi described as "the biggest humanitarian refugee camp in the world". "This decline in humanitarian assistance makes it more difficult to continuously, for example, renew the shelters," Grandi said. Grandi praised Bangladesh for "miraculous" works in maintaining the Rohingya camps, allowing education for the Rohingya children, and said that the United Nations is currently discussing with Bangladesh on allowing refugees to work to support their livelihood in the camps. "People are suffering in Myanmar a lot, not just the Rohingya, and they deserve a better future."
Persons: Panu, Filippo Grandi, Grandi, Angus MacSwan Organizations: United Nations, Reuters, Global, Forum, UNHCR Locations: BANGKOK, Myanmar, Bangladesh, Bangkok, United
Good liars aren't nervous about manipulating others; rather, they are confident, dominant and relaxed as they exploit others. Whether expressing happiness, surprise, sadness or contempt, good liars can wrinkle their brows, raise their eyebrows, or bare their teeth in convincing ways that belie their true emotions. Effective liars say enough to be believed, but no more. To avoid sounding dishonest, good liars avoid this reconstruction-on-the-fly strategy of storytelling. Zero variation means that listeners have no discrepancies to key in on.
Persons: They're
[1/4] A view shows destroyed buildings in the Gaza Strip as seen from Israel's border with the Gaza Strip, in southern Israel October 15, 2023. Um Mohammad Al-Laham's 4-year-old granddaughter Fulla Al-Laham lay in a Gaza hospital, which like others is operating on low supplies of medicine and fuel. She said an Israeli air strike hit the family home, killing 14 people including Fulla's parents, siblings and members of her extended family. Israel has unleashed the heaviest air strikes ever on Gaza. It said dozens of people had been killed in strikes on vehicles carrying refugees on Friday, while medics, Hamas media and relatives say whole families have been killed in air strikes.
Persons: Amir Cohen, Israel, Mohammad Al, Fulla Al, Laham, Fulla, Kamal Edwan, Hussam Abu Safiya, Ashraf Al, Khan Younis, Youssef Abu Assi, Abed Saleh, Ismail Khader, Michael Georgy, Hugh Lawson, Janet Lawrence Organizations: REUTERS, Gaza, Hamas, Reuters, United Nations, Kamal Edwan Hospital, UNRWA, Thomson Locations: Gaza, Israel, GAZA, Israeli, kibbutzes, Hamas, Gaza City
Netanyahu Vows to Demolish Hamas, as Israel Urges Gazans South
  + stars: | 2023-10-14 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +6 min
Israel has urged Gazans to evacuate south, which hundreds of thousands have already done in their Hamas-controlled enclave that is home to 2.2 million people, about half in Gaza City. Renewed clashes on Israel's border with Lebanon on Sunday morning with Hezbollah militants, backed by Israel's regional foe Iran, underscored the dangers of regional spillover. Israel's military said 279 of its soldiers had died. On Sunday, Iran-backed Hezbollah fighters launched a missile at an Israeli border village, killing one person and wounding three others. The Israeli military said it was striking in Lebanon in retaliation.
Persons: Nidal, Emily Rose, , Benjamin Netanyahu, Gazans, Antony Blinken, Israel, Abdel Fattah al, Ebrahim Raisi, Netanyahu, Israel's, Um Muhammed Al, Laham, Daniel Hagari, Abu Dawoud, Hussam Abu Safiya, Kamal, Blinken, Saudi Crown Prince Mohammed bin Salman, Iran's Raisi, France's Emmanuel Macron Organizations: Gaza, Hamas, Authorities, Palestinian Health Ministry, World Health Organization, Reuters, Saudi Crown, Zionist Locations: Emily Rose GAZA, JERUSALEM, Gaza, Israel, Gaza City, East, Egypt, Lebanon, Iran, Riyadh, Saudi Arabia, Israel's
"There is an electricity crisis, food crisis, water crisis, a crisis of everything," Eyad Abu Mutlaq, 45, said in Khan Younis in south Gaza, a region filling up with thousands of people fleeing the north for fear of an Israeli invasion. The flood of people arriving in south Gaza after Israel told them on Friday to leave an area in the north has stretched resources that were already strained to breaking point. The United Nations has urged Israel to "avert a humanitarian catastrophe" in Gaza, a slither of land with 2.3 million people wedged between Israel, Egypt and the Mediterranean Sea. In its response to the devastating Oct. 7 assault from Gaza by Palestinian militant group Hamas, Israel has imposed a "total blockade" halting food supplies and cutting electricity to Gaza. U.S. President Joe Biden said on Friday he was making it a priority to address the humanitarian crisis in Gaza, working with Israel, Egypt, Jordan, other Arab states and the U.N.
Persons: Khan Younis, Mohammed Salem, Abu Mutlaq, Israel, Philippe Lazzarini, Joe Biden, Ashraf Al, Qidra, Adel Shaheen, , Michael Georgy, Edmund Blair Organizations: Hamas, REUTERS, United Nations, UNRWA, Gaza Health, Thomson Locations: Israel, Palestinian, Gaza, GAZA, Egypt, Um Salem, Jordan
A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Google's James Kolotouros, who negotiated search distribution agreements with Android device makers and carriers, testified the agreements gave Google search exclusivity, and Google monitored compliance with them. Advertisers are not told their LTV, and Google uses "tunings" to adjust the price of ads, he said. Google's vice president and general manager of ads, Jerry Dischler, acknowledged that Google earned more than $100 billion in 2020 from search ads. Apple's (AAPL.O) senior vice president of services Eddie Cue praised Google's search and acknowledged under questioning that the smartphone maker had meetings with Microsoft and DuckDuckGo, which uses Bing searches, but found them inadequate.
Persons: Eric Gaillard, Google's James Kolotouros, Adam Juda, Joshua Lowcock, Jerry Dischler, Satya Nadella, Eddie Cue, Bing, John Schmidtlein, Google's, Diane Bartz, Marguerita Choy Organizations: REUTERS, U.S, Google, Department, GOOGLE, Verizon, Samsung, LTV, UM Worldwide, Microsoft, Apple, Nokia, Bing, Thomson Locations: WASHINGTON
A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Google's vice president and general manager of ads, Jerry Dischler, acknowledged that Google earned more than $100 billion in 2020 from search ads. GOOGLE'S DEFENSE NO. GOOGLE'S DEFENSE NO. GOOGLE DEFENSE NO.
Persons: Eric Gaillard, Sundar Pichai, Kevin Murphy, Apple, Joshua Lowcock, Jerry Dischler, Eddie Cue, Bing, John Schmidtlein, Google's, Jennifer Fitzpatrick, Diane Bartz, Marguerita Choy Organizations: REUTERS, U.S, Google, Justice Department, Verizon, Samsung, University of Chicago Booth School of Business, Microsoft, UM Worldwide, Nokia, Bing, GOOGLE, Core Systems, Thomson Locations: WASHINGTON
Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City. Rick Best, a trader who had joined Alameda just days earlier, was directly to Ellison's right and secretly recording the meeting as audio. "Alameda borrowed a bunch of money," which it used to make investments, Ellison said on the recording. At one point on the recording, Ellison giggled. "FTX basically always allowed Alameda to, like, borrow user funds, as far as I know" she said on the recording.
Persons: Caroline Ellison, Sam Bankman, Christian Drappi, Drappi, He's, Rick Best, Ellison, FTX, Ellison giggled, Um, Sam Organizations: Alameda Research, Bankman Locations: Manhattan, New York City, Hong Kong, Alameda, Bahamas, FTX, YOLO
Reuters reviewed a confidential draft of the 10-member Association of Southeast Asian Nations' (ASEAN) "guide to AI ethics and governance," whose content has not previously been reported. In contrast to the EU's AI Act, the ASEAN "AI guide" asks companies to take countries' cultural differences into consideration and doesn’t prescribe unacceptable risk categories, according to the current version reviewed. With almost 700 million people and over a thousand ethnic groups and cultures, Southeast Asian countries have widely divergent rules governing censorship, misinformation, public content and hate speech that would likely affect AI regulation. The ASEAN guide advises companies to put in place an AI risk assessment structure and AI governance training, but leaves specifics to companies and local regulators. EU officials and lawmakers told Reuters that the bloc would continue to hold talks with Southeast Asian states to align over broader principles.
Persons: Stephen Braim, Alexandra van Huffelen, Fanny Potkin, Supantha Mukherjee, Panu, Sam Holmes Organizations: Reuters, Association of Southeast Asian Nations, ASEAN Digital, Companies, IBM, Google, ASEAN, Technology, United States, NIST, U.S . Department of Commerce's National Institute of Standards, Meta, Southeast, EU, European Commission, Thomson Locations: SINGAPORE, STOCKHOLM, Thailand, United, Southeast Asia, Japan, South Korea, Brussels, Singapore, Stockholm, Bangkok
Her testimony is crucial to prosecutors’ case against Sam Bankman-Fried, whom they accuse of orchestrating a scheme to steal billions of dollars from customer accounts in FTX, his now-bankrupt crypto trading platform. Caroline Ellison, former CEO of Alameda Research. carolinecapital/XProsecutors’ case hinges on evidence that FTX and Alameda were deeply financially intertwined, despite repeated assurances from Bankman-Fried that they were separate companies, operating independently from one another. As Alameda was spiraling last fall, Ellison told her employees that the fund had borrowed money from FTX customer accounts to pay back lenders. Already, prosecutors have presented evidence that looks bad for Bankman-Fried, though the defense has yet to present its case.
Persons: CNN Business ’, Caroline Ellison, Sam Bankman, Ellison, FTX’s, , — Ellison, SBF, ” Ellison, , Fried, Sam Organizations: CNN Business, New York CNN, Alameda Research, Stanford, New York Times Locations: New York, FTX, Bankman, Alameda, Manhattan
[1/5] Mourners attend the cremation ceremony of Moe Myint, a 31-year-old Burmese victim of the Thailand mall shooting, at a temple in Nonthaburi, Thailand, October 8, 2023. REUTERS/Jorge Silva Acquire Licensing RightsNONTHABURI, Thailand, Oct 8 (Reuters) - Among the hundreds mourning Moe Myint on Sunday was the mother of the Burmese victim of last week's shooting rampage at a Bangkok mall, seeming dazed at the cremation ceremony on the outskirts of the Thai capital. Tears streaking her face, Khin Win was revived with smelling salts as she sat at the Buddhist ceremony. Moe Myint was one of two killed when a 14-year-old boy went on a shooting spree at the luxury Siam Paragon shopping centre in Bangkok's bustling commercial area on Tuesday. Moe Myint's employer, Aksorn Chantarojvanich, who attended the funeral, said she would provide the family 10,000 baht ($270) a month, matching the remittances Moe Myint had sent home.
Persons: Moe Myint, Jorge Silva, Win, Khin Win, Moe Myint's, Aksorn Chantarojvanich, Tawee Sodsong, Napat Weshasartar, Panu, William Mallard Organizations: REUTERS, Siam Paragon, Thai, Thomson Locations: Thailand, Nonthaburi, Bangkok, Thai, Siam, Myanmar
And Alameda was the only FTX customer allowed to carry a negative balance. Christian Everdell and Mark Cohen, attorneys for Sam Bankman-Fried, exit court in New York on Wednesday, Oct. 5, 2023. Star witness coming TuesdayCaroline Ellison, Alameda’s CEO and Bankman-Fried’s on-and-off girlfriend, is expected to take the stand when court resumes on Tuesday. Ellison, 28, is considered the prosecution’s star witness, given her position as the head of Alameda and her personal knowledge of Bankman-Fried’s behavior. According to court documents, when one employee asks who made the decision, Ellison responds: “Um … Sam, I guess.”
Persons: Sam Bankman, Gary Wang, Wang, SBF, Mark Cohen, Fried, FTX, Christian Everdell, Stephanie Keith, Everdell, “ FTX, ” Wang, ” FTX, Caroline Ellison, Ellison, Sam Organizations: New, New York CNN, Alameda Research, Bankman, Alameda, Bloomberg, Getty, Locations: New York, Alameda
REUTERS/Athit Perawongmetha/ File Photo Acquire Licensing RightsBANGKOK, Oct 4 (Reuters) - Thailand will close legal loopholes relating to firearm classification and online sales in its gun control efforts, its police chief said on Wednesday, a day after a teenager was arrested following a deadly shooting at a mall that left two people dead. Existing Thai laws on the possession of illegal firearms carry a prison sentence of up to 10 years and a fine of up to 20,000 Thai baht($539.67). Laws have tightened after mass shootings in recent years in Thailand, including a requirement for a medical evaluation for those who want to buy a gun or renew their gun license. And in 2020, a soldier shot and killed at least 29 people in another northeastern Thai city. "The government should learn the lessons from past mass shooting incidents, review the proposed solutions and quickly implement them," Krisanaphong said.
Persons: Athit, Torsak Sukvimol, Torsak, Lazada, Krisanaphong, Panu, Poppy McPherson, Devjyot Ghoshal, Bernadette Baum, Alexandra Hudson Organizations: REUTERS, Rights, Authorities, Thailand's Channel, Rangsit University, Reuters, Singapore's, Alexandra Hudson Our, Thomson Locations: Siam, Bangkok, Thailand, Rights BANGKOK, Southeast Asia, Thai
[1/4] A general view shows the outside of the luxury Siam Paragon shopping mall after Thai police arrested a teenage gunman who is suspected of killing foreigners and wounding other people in a shooting spree, in Bangkok, Thailand, October 3, 2023. REUTERS/Jorge Silva Acquire Licensing RightsBANGKOK, Oct 4 (Reuters) - A teenager suspected of killing two foreign nationals and wounding five others in a Thai shopping mall shooting had modified a handgun that was designed to fire only blanks, a senior police official said on Wednesday. Chaos erupted at the Siam Paragon mall in Bangkok close to peak hours on Tuesday, with hundreds fleeing as gunshots rang out. Major General Samran Nuanma said he modified a gun designed to fire blank rounds, to enable it to use live ammunition. Reporting by Panarat Thepgumpanat and Panu Wongcha-um; Writing by Martin Petty; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.
Persons: Jorge Silva, Samran Nuanma, Torsak Sukvimol, Torsak, Panarat Thepgumpanat, Panu, Martin Petty, Kanupriya Kapoor Organizations: REUTERS, Rights, Siam Paragon, Police, National, Thomson Locations: Siam, Bangkok, Thailand, Rights BANGKOK, Thai, China, Myanmar
People flee following shots fired at the luxury Siam Paragon shopping mall, in Bangkok, Thailand, October 3, 2023. China is vital to that effort as the biggest source of foreign visitors to Thailand in pre-COVID years. 'SHOCKED'Chinese visitors accounted for 11 million of a record 39.9 million foreign tourists to Thailand in 2019, before the pandemic. Thailand recorded 20 million foreign tourist arrivals in the January to October period, who spent 839 billion baht ($22.58 billion). At the re-opened Siam Paragon mall, on a typically gridlocked thoroughfare, crowds were trickling back.
Persons: Devjyot, Srettha Thavisin, Thapanee Kiatphaibool, Somsong Sachaphimukh, Dong Peijian, Napat Wesshasartar, Thomas Suen, Robert Birsel Organizations: REUTERS, Rights, Police, Siam Paragon, Tourism Authority of, Tourism Council, Thomson Locations: Siam, Bangkok, Thailand, Rights BANGKOK, China, Myanmar, Asia's, Tourism Authority of Thailand, Thai, Southeast Asia
Fleeing shoppers were ushered by security guards from the mall into torrential rain and towards a road with heavy traffic. We saw all the people run, run, run, we didn't understand what was happening," said 26-year-old Shir Yahav from Israel, who was at a designer store at the time of the shooting. [1/6]People flee following shots fired at the luxury Siam Paragon shopping mall, in Bangkok, Thailand, October 3, 2023. The mall said it had evacuated shoppers and staff immediately, stressing safety was of the utmost importance. "Siam Paragon would like to express our deep apologies for the unexpected event," it said in a statement, adding the mall would reopen on Wednesday.
Persons: Torsak Sukvimol, Torsak, Yahav, Devjyot, handcuffing, Panu, Pasit, Napat, Artorn, Athit, Kanupriya Kapoor, Martin Petty, Gareth Jones Organizations: Siam, Police, Thai, Siam Paragon, National, REUTERS, Thomson Locations: Myanmar, BANGKOK, Bangkok, China, Israel, Thailand, Siam, Nakhon Ratchasima, Instagram, Sun
The Great Zelle Pool Scam
  + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com   time to read: +38 min
When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.
Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, , Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey
Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.
Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, , Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey
CNN —It’s been nearly 20 years since I moved from New York to London. I don’t drink alcohol, so, when I first moved to the UK, I avoided the pubs for about a year. To my great surprise, I discovered that British pubs were nothing like I had imagined! “Yeah?” “Yeah!!!!! According to the UK Tea and Infusions Association, Brits drink over 100 million cups daily and 36 billion cups per year!
Persons: CNN — It’s, Leicester, Kim Davis, breathlessly, I’m, , , I’ve, mickey ”, Sheldon Cooper, don’t, Hershey, et Walker, Eliza Doolittle, Little, it’s, Ariel, ” Don’t, There’s, Parinya, Abbott, Costello “ Who’s, Tummy, Mason, You’ll Organizations: CNN, Brit, British, Harrods, LIPTON Locations: New York, London, United States, United Kingdom, Yorkshire, Britain, Europe, , America, York, Darjeeling, Assam, Ceylon
FILE PHOTO-Thailand’s Prime Minister Srettha Thavisin addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 22, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsBANGKOK, Sept 29 (Reuters) - Thailand's new Prime Minister Srettha Thavisin on Friday said his government was committed to introducing the necessary changes to make the country a major destination for foreign investment, including pursuing more free trade agreements. He stressed foreign policy would be neutral and not taking sides between the United States and China, adding that Japan was a major power that Thailand was committed to, given its long history as the country's top investor. He opened the address stating the country's constitution needed to be amended to address political divisions and chronic economic disparities. Reporting by Panarat Thepgumpanat and Panu Wongcha-um; Writing by Martin Petty; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Srettha Thavisin, Brendan McDermid, Srettha, Sretta, Panarat Thepgumpanat, Panu, Martin Petty, Michael Perry Organizations: Thailand’s, General Assembly, REUTERS, Rights, Thomson Locations: New York City, U.S, Rights BANGKOK, Thailand, United States, China, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsian Development Bank says its $100 billion capital management reforms are not enoughWoochong Um of the Asian Development Bank discusses why the bank's capital management reforms, that will unlock $100 billion in new funding capacity over the next decade, is not adequate. "We need to turn billions into trillions by tapping private sector capital," he said.
Organizations: Asian Development Bank
Now, a year after Alameda collapsed, Ellison is preparing to testify as a key witness at the Oct. 3 criminal fraud trial against its founder, another budding young philanthropist who also owned the now-bankrupt FTX cryptocurrency exchange: Sam Bankman-Fried. She told the FTX podcast she decided to join Bankman-Fried at Alameda despite lacking experience with cryptocurrencies to "maximize my impact." ELLISON MAY TESTIFY ABOUT ENCRYPTED MESSAGESProsecutors may ask Ellison about whether Bankman-Fried directed employees to use encrypted messaging platforms and ensure their messages automatically deleted. She has told prosecutors that Bankman-Fried said it is hard to build a case if information is not written down or preserved, court records show. Days before FTX declared bankruptcy, Ellison told Bankman-Fried her "increasing dread of this day" had been weighing on her for a long time, according to prosecutors.
Persons: Sam Bankman, Eduardo Munoz, Caroline Ellison, Ellison, Bankman, Alameda's, Sam, ELLISON, Jane Street, Harry Potter, Fried, Jane, FTX, Kaplan, Luc Cohen, Noeleen Walder, Daniel Wallis Organizations: REUTERS, Stanford, Alameda Research, Alameda, Prosecutors, Massachusetts Institute of Technology, New York Times, Thomson Locations: New York, U.S, Alameda, Bahamas, Manhattan, Boston, Fried, FTX
Thailand's Opposition Move Forward Party Names New Leader
  + stars: | 2023-09-23 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
BANGKOK (Reuters) - Thailand's opposition Move Forward named a new leader on Saturday after Pita Limjaroenrat, who led the party to a stunning election victory in May, was thwarted in his efforts to become premier. The progressive party will lead the opposition after conservative lawmakers and an unelected senate blocked its attempts to form a government. Pita stepped down as party leader earlier this month amid a host of legal and legislative challenges that many see as part of a pattern by the pro-military and royalist establishment to diminish a new generation of leaders. Pita would continue on as advisor to the party and manage activities outside parliament, Chaitawat said. "This could easily wipe out members of the opposition, who give commentary calling for reforms," he added.
Persons: Pita Limjaroenrat, Chaithawat, Pita, Chaitawat, Pannika, penalises, Phasuk, Chayut Setboonsarng, Panu, Kanupriya Kapoor, Simon Cameron, Moore Organizations: Human Rights Watch, Reuters Locations: BANGKOK, Thailand
Thailand's opposition Move Forward Party names new leader
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +2 min
BANGKOK, Sept 23 (Reuters) - Thailand's opposition Move Forward named a new leader on Saturday after Pita Limjaroenrat, who led the party to a stunning election victory in May, was thwarted in his efforts to become premier. The progressive party will lead the opposition after conservative lawmakers and an unelected senate blocked its attempts to form a government. Pita stepped down as party leader earlier this month amid a host of legal and legislative challenges that many see as part of a pattern by the pro-military and royalist establishment to diminish a new generation of leaders. Pita would continue on as advisor to the party and manage activities outside parliament, Chaitawat said. "This could easily wipe out members of the opposition, who give commentary calling for reforms," he added.
Persons: Pita Limjaroenrat, Chaithawat, Pita, Chaitawat, Pannika, penalises, Phasuk, Chayut Setboonsarng, Panu, Kanupriya Kapoor, Simon Cameron, Moore Organizations: Human Rights Watch, Reuters, Thomson Locations: BANGKOK, Thailand
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