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☆ Bankman-Fried used $100 mln in stolen FTX funds for political donations, US says
▼ + stars: | 2023-08-14 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Bankman-Fried has previously pleaded not guilty to stealing billions of dollars in FTX customer funds to plug losses at Alameda Research, his crypto-focused hedge fund. Kaplan jailed him last Friday ahead of his Oct. 2 trial, after finding probable cause that Bankman-Fried tampered with witnesses. The November 2022 collapse of FTX after a flurry of customer withdrawals destroyed his wealth and stained his reputation. Bankman-Fried's indictment does not name the two people prosecutors say he used for "straw donors" to donate money at his direction. He donated $9.7 million to Democratic candidates and causes, and said in court he knew the money came from FTX customers.

Persons: Sam Bankman, Eduardo Munoz, Fried, FTX, District Judge Lewis Kaplan, Mark Botnick, Kaplan, Palo, Nishad Singh, Ryan Salame, Singh, Luc Cohen, Chris Reese, David Gregorio, Jonathan Oatis Organizations: REUTERS, Republicans, U.S, District, Alameda Research, Democratic, Federal, Commission, Republican, Bloomberg, Thomson Locations: New York, U.S, Manhattan, Bahamas, Palo Alto , California, San Jose , California

Aug 14 (Reuters) - Sam Bankman-Fried used stolen customer funds to make more than $100 million in campaign contributions ahead of the 2022 U.S. midterm elections, federal prosecutors said on Monday in a new indictment filed against the founder of the FTX cryptocurrency exchange. The new indictment charges the 31-year-old former billionaire with seven counts of conspiracy and fraud over the collapse of the exchange. He has previously pleaded not guilty. Mark Botnick, a spokesman for Bankman-Fried, declined to comment. Reporting by Luc Cohen in San Jose, California Editing by Chris Reese and Daivid GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Fried, Mark Botnick, Luc Cohen, Chris Reese, Daivid Gregorio Organizations: Thomson Locations: San Jose , California

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/file photoCompanies Celsius Network Limited FollowNEW YORK, Aug 14 (Reuters) - Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge's permission to seek creditor approval for its bankruptcy plan, advancing a proposal to exit Chapter 11 as a new entity owned by its creditors. Some creditors oppose the plan, but the official committee appointed to represent junior creditors supports it and will recommend that Celsius customers vote in favor. Celsius had 600,000 customers who held about $4.4 billion in interest-bearing Celsius accounts when it filed for bankruptcy, according to court documents. This will allow Celsius customers to sell equity shares that they will receive as part of their bankruptcy recovery, according to court documents.

Persons: Dado Ruvic, Martin Glenn, Alex Mashinsky, Mashinsky, Dietrich Knauth, Alexia Garamfalvi, David Gregorio Our Organizations: REUTERS, Monday, Arrington, Nasdaq, Thomson Locations: Manhattan, . New Jersey, New York

A document briefly posted on and then taken down from the official Fulton County, Georgia court website shows a list of potential felony charges against former President Donald Trump, after being downloaded by Reuters shortly before the court took the document back down without explanation, in Atlanta, Georgia, U.S. August 14, 2023. ... Read moreAug 14 (Reuters) - The Fulton County, Georgia, court's website briefly posted a document on Monday listing several criminal charges against former U.S. President Donald Trump that appeared related to his attempts to overturn his 2020 election defeat in the state, before taking the document down without explanation. The Fulton County District Attorney's office said in a statement that no charges had been filed against Trump. The document was dated Aug. 14 and named Trump, citing the case as "open," but is no longer available on the court's website. The Fulton County clerk's office could not immediately be reached for comment on the docket report.

Persons: Donald Trump, Read, Trump, Fani Willis, Joe Biden's, Timothy Ahmann, Susan Heavey, Rami Ayyub, Howard Goller Organizations: Reuters, U.S, Trump, District, Georgia Rico, Thomson Locations: Fulton County , Georgia, Atlanta , Georgia, U.S, Fulton County, Georgia, Fulton

REUTERS/Eduardo Munoz/File PhotoAug 14 (Reuters) - Sam Bankman-Fried used stolen customer funds to make more than $100 million in campaign contributions ahead of the 2022 U.S. midterm elections, federal prosecutors said on Monday in a new indictment filed against the founder of the FTX cryptocurrency exchange. The new indictment charges the 31-year-old former billionaire with seven counts of conspiracy and fraud over the collapse of the exchange. Bankman-Fried rode a boom in cryptocurrency values to compile a net worth estimated at $26 billion, and became an influential donor to mostly Democratic candidates and causes. FTX was based in the Bahamas and he was arrested there in December 2022. Reporting by Luc Cohen in San Jose, California Editing by Chris Reese and Daivid GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Eduardo Munoz, Fried, Mark Botnick, Bankman, FTX, District Judge Lewis Kaplan, Luc Cohen, Chris Reese, Daivid Gregorio Organizations: REUTERS, Democratic, U.S, District, Thomson Locations: New York, U.S, Manhattan, Bahamas, United States, San Jose , California

☆ Here are 3 reasons you can’t stop comparing yourself financially to others, says bestselling author
▼ + stars: | 2023-08-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Easy access to credit Readily available lines of credit may encourage consumers to live up to standards that are not economically feasible, said Thakor. Credit card balances are up almost 20% from a year ago, according to a quarterly credit industry insights report from TransUnion. Social media "Social media puts everything on steroids," said Thakor. People who consume social media are often exposed to content that shows images of people they may know, or from influencers, that make them feel, quite often, inadequate. Remember that social media can be misleading "The bottom line is we are inundated with misinformation around how people become wealthy and how wealthy people spend their money," he said.

Persons: Jennifer Aniston, Rachel Green, Matt LeBlanc, Joey Tribbiani, David Schwimmer, Ross Geller, Lisa Kudrow, Phoebe Buffay, Hannigan, Matthew Perry, Chandler Bing, Courteney Cox, Monica Geller, Bing, Thakor, They've, Credit Karma, Bradley T, Klontz, Juan Algar Organizations: NBCU, Credit, YMW Advisors, CNBC Locations: New York, TransUnion, influencers, Boulder , Colorado

REUTERS/David Dee Delgado/File PhotoNEW YORK, Aug 14 (Reuters) - Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates ranging from convicted sex trafficker Ghislaine Maxwell to Honduras' former president have complained of subpar conditions. In recent years, MDC has been plagued by persistent staffing shortages, power outages and maggots in inmates' food. Earlier this year, a guard pleaded guilty to accepting bribes to smuggle in drugs. It is now the jail housing detainees awaiting federal trials in New York City, after the Manhattan Correctional Center closed in 2021 for improvements. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, David Dee Delgado, Fried, Ghislaine Maxwell, District Judge Lewis Kaplan, Maxwell, Jeffrey Epstein, Hannibal Lecter's, Epstein, Kaplan, Juan Orlando Hernandez, Guo Wengui, Hernandez, Luc Cohen, Noeleen Walder, Daniel Wallis Organizations: FTX, REUTERS, District, Detention, MDC, The U.S . Bureau of Prisons, Manhattan Correctional Center, MCC, Fox, U.S . State Department, Thomson Locations: Manhattan, New York City, U.S, Brooklyn, Honduras, Palo Alto , California, Brooklyn's, United States, Florida, The, Putnam County, Bahamas, Chinese, New York

Aug 12 (Reuters) - A Georgia prosecutor probing whether Donald Trump and his allies illegally sought to overturn the state's 2020 election results is expected to seek an indictment from a grand jury next week. "I'll certainly answer whatever questions are put in front of me," said Duncan, a Republican who has criticized Trump's false conspiracy theories about the 2020 election. Special Counsel Jack Smith, who brought the Washington case, has also charged Trump separately in Florida with illegally retaining classified documents after leaving office and with obstruction of justice. In a post on his Truth Social site on Saturday, Trump again called the Georgia investigation a "witch hunt." Her investigation began soon after Trump made a phone call to the state's top election official, Republican Brad Raffensperger, and urged him to "find" enough votes to alter the outcome.

Persons: Donald Trump, Fani Willis, Geoff Duncan, Duncan, George Chidi, Trump, Joe Biden's, Jack Smith, Willis, Republican Brad Raffensperger, Biden, Chidi, Joseph Ax, Daniel Wallis Organizations: CNN, Republican, Trump, Thomson Locations: Georgia, Atlanta, Fulton County, Washington, Florida

REUTERS/Carlo Allegri/File PhotoCompanies Starbucks Corp FollowAug 11 (Reuters) - A U.S. judge on Friday dismissed a conservative activist investor's lawsuit against Starbucks' (SBUX.O) board, opposing the company's diversity, equity and inclusion policies and calling it frivolous. The nonprofit, which holds around $6,000 in Starbucks stock, said those policies require the company to make race-baced decisions that violate federal and state civil rights laws. The lawsuit is similar to those recently by conservative activist groups opposing corporate diversity and inclusion efforts in the wake of a June Supreme Court ruling. The ruling declared unlawful the race-conscious student admissions policies used by Harvard University and the University of North Carolina. On Friday, Daniel Morenoff of The American Civil Rights Project argued that Starbucks policies seeking to increase racial diversity among its suppliers, vendors, and employees were discriminatory and that NCPPR's cause was in the corporate interest.

Persons: Carlo Allegri, District Judge Stanley Bastian, Daniel Morenoff, Bastian, Craig, Jody Godoy, Tom Hals, Chris Reese, Marguerita Choy Organizations: Empire, REUTERS, Companies Starbucks, Starbucks, National Center for Public Policy Research, Blacks, Chief U.S, District, Harvard University, University of North, American Civil Rights, Target Corp, Thomson Locations: Manhattan, New York, U.S, Spokane , Washington, America, University of North Carolina, Florida, Wilmington , Delaware

REUTERS/Mike Blake/File PhotoCompanies Grail Inc FollowIllumina Inc FollowAug 11 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has begun an investigation into Illumina's (ILMN.O) $7.1 billion acquisition of cancer detection test maker Grail (GRAL.O), the gene sequencing company said in a regulatory filing. An SEC spokesperson said the agency "does not comment on the existence or nonexistence of a possible investigation". Illumina declined to comment or provide further details on the SEC investigation. The gene-sequencing machine maker had repurchased Grail in 2021, despite opposition from U.S. and European antitrust regulators, a decision that prompted investor Carl Icahn to pursue a proxy fight at Illumina, arguing Grail should be divested as it had cost investors billions of dollars. Illumina was fined 432 million euros ($476 million) by the EU last month for closing the deal before approval by European antitrust regulators.

Persons: Mike Blake, Illumina, Carl Icahn, Mariam Sunny, Shounak Dasgupta Organizations: REUTERS, U.S . Securities, Exchange Commission, SEC, EU, Thomson Locations: San Diego , California, U.S, California, Illumina, Bengaluru

AR-10s for sale at the Belle-Clair Fairgrounds & Expo Center Gun Show, after the state of Illinois passed its "assault weapons" ban into law, in Belleville, Illinois, U.S., January 14, 2023. The state's high court in a 4-3 vote rejected arguments by a group of plaintiffs led by a Republican state Representative Dan Caulkins, that the ban violated the Illinois Constitution by not applying the law equally to all citizens. The plaintiffs also argued the law violated the right to keep and bear arms under the U.S. Constitution's Second Amendment. That Second Amendment argument is central to separate ongoing federal lawsuits also challenging Illinois' law. Reporting by Nate Raymond in Boston; Editing by Jonathan Oatis and Alexia GaramfalviOur Standards: The Thomson Reuters Trust Principles.

Persons: Kate Munsch, Dan Caulkins, Democratic Illinois Governor J.B, Pritzker, Elizabeth Rochford, Rochford, Lisa Holder White, David Overstreet, Mary Kay O’Brien, Nate Raymond, Jonathan Oatis, Alexia Garamfalvi Organizations: Belle, Clair Fairgrounds, REUTERS, Democratic, Republican, Democratic Illinois Governor, Protect, AK, U.S, Supreme, Thomson Locations: Illinois, Belleville , Illinois, U.S, Highland Park, Protect Illinois, New York, Boston

"We are confident in the legality of our nearly universally supported plan of reorganization, and optimistic that the Supreme Court will agree," the company added. Members of the Sackler family have denied wrongdoing but expressed regret that OxyContin "unexpectedly became part of an opioid crisis." They said in May that the bankruptcy settlement would provide "substantial resources for people and communities in need." In a court filing, the administration told the Supreme Court that Purdue's settlement is an abuse of bankruptcy protections meant for debtors in "financial distress," not people like the Sacklers. According to the administration, Sackler family members withdrew $11 billion from Purdue before agreeing to contribute $6 billion to its opioid settlement.

Persons: George Frey, Joe Biden's, Sackler, OxyContin, Biden, John Kruzel, Andrew Chung, Dietrich Knauth, Will Dunham Organizations: Purdue Pharma, REUTERS, WASHINGTON, U.S, Supreme, Purdue, . Trustee, The, Circuit, Thomson Locations: Provo , Utah, U.S, Stamford , Connecticut, Washington, New York

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File PhotoAug 10 (Reuters) - Bittrex Inc and Bittrex Global have agreed to pay a total of $24 million to settle claims by the U.S. Securities and Exchange Commission, according to a court filing in Seattle federal court on Thursday. Reporting by Jody Godoy Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Jody Godoy, Chris Reese Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Bittrex, Thomson Locations: Washington ,, Seattle

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, U.S., August 8, 2023. REUTERS/Reba Saldanha/File PhotoNEW YORK, Aug 10 (Reuters) - Donald Trump on Thursday appealed a judge's dismissal of his claim that the writer E. Jean Carroll defamed him by accusing him of rape, though a jury that awarded her $5 million for defamation and sexual abuse did not make such a finding. The former U.S. president, who is seeking the Republican nomination for a second White House term, filed a notice of appeal from U.S. District Judge Lewis Kaplan's Aug. 7 dismissal of the claim against Carroll. Reporting by Jonathan Stempel in New York; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Reba Saldanha, Jean Carroll, District Judge Lewis Kaplan's, Jonathan Stempel, Leslie Adler Organizations: U.S, Republican, REUTERS, District, Carroll, Thomson Locations: Windham , New Hampshire, U.S, New York

A pharmacist holds a bottle OxyContin made by Purdue Pharma at a pharmacy in Provo, Utah, U.S., May 9, 2019. At issue is whether U.S. bankruptcy law allows Purdue's restructuring to include legal protections for the Sackler family, who have not filed for personal bankruptcy. They said in May that the bankruptcy settlement would provide "substantial resources for people and communities in need." In a court filing, the administration told the Supreme Court that Purdue's settlement is an abuse of bankruptcy protections meant for debtors in "financial distress," not people like the Sacklers. According to the administration, Sackler family members withdrew $11 billion from Purdue before agreeing to contribute $6 billion to its opioid settlement.

Persons: George Frey, Joe Biden's, Sackler, OxyContin, Biden, John Kruzel, Andrew Chung, Dietrich Knauth, Will Dunham Organizations: Purdue Pharma, REUTERS, WASHINGTON, U.S, Supreme, Purdue, Circuit, U.S . Trustee, Thomson Locations: Provo , Utah, U.S, Stamford , Connecticut, Washington, New York

DCG and Silbert, who is also a defendant, called Gemini a "sophisticated market participant" that had told Gemini Earn customers, who were expecting high interest rates, that it had "thoroughly vetted" Genesis. Gemini said the defendants did this so that Gemini Earn customers would continue lending crypto assets to Genesis, believing it was "business as usual." Gemini and Genesis are defendants in a U.S. Securities and Exchange Commission civil lawsuit claiming they bypassed disclosure requirements meant to protect investors in connection with Gemini Earn. According to the SEC and the Winklevosses, Genesis held about $900 million of assets from approximately 340,000 Gemini Earn customers before halting withdrawals last November. The case is Gemini Trust Co v Digital Currency Group LLC et al, U.S. District Court, Southern District of New York, No.

Persons: Entrepeneurs Tyler, Cameron Winklevoss, Manus, Lucas Jackson, Tyler, Barry Silbert, Gemini, Silbert, DCG, Genesis, Sam Bankman, Fried, Jonathan Stempel, Leslie Adler Organizations: Metropolitan Museum of Art, REUTERS, Group, Gemini Trust, Genesis Global, Gemini, Three Arrows Capital, U.S . Securities, Exchange Commission, SEC, Forbes, Currency, Court, Southern District of, Thomson Locations: Manhattan, New York, DCG, U.S, Southern District, Southern District of New York

People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew KellyAug 10 (Reuters) - Goldman Sachs (GS.N) shareholders cannot go forward with a class action alleging the bank misled investors about its business practices ahead of the subprime mortgage crisis, a U.S. appeals court ruled on Thursday. Circuit Court of Appeals ruled in three pension funds' long-running case accusing the bank of unlawfully hiding conflicts of interest when creating risky subprime securities, costing investors more than $13 billion. The investors said that the bank's fraudulent statements kept its stock price artificially high. Goldman argued that these "aspirational" statements were too vague and general to have had any impact on the stock price.

Persons: Goldman Sachs, Andrew Kelly, Goldman, John Paulson, Jody Godoy, Jonathan Oatis, John Stonestreet Organizations: REUTERS, The, Circuit, U.S, Goldman, Abacus, U.S . Securities, Exchange Commission, Supreme, Appeals, Thomson Locations: Manhattan , New York, U.S, The New York, Arkansas, New York

Jamie Dimon, chairman of the board and chief executive of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience - Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello/File PhotoNEW YORK, Aug 9 (Reuters) - A federal judge has dismissed a shareholder lawsuit accusing JPMorgan Chase (JPM.N) Chief Executive Jamie Dimon and his board of directors of ignoring red flags surrounding disgraced former client Jeffrey Epstein. The so-called derivative lawsuit sought to have the defendants or their insurers pay damages to JPMorgan, for the benefit of shareholders. Rakoff is also overseeing two Epstein-related lawsuits against JPMorgan by the U.S. Virgin Islands, where the financier owned two neighboring islands, and by Epstein victims. Staley was also Barclays' (BARC.L) chief executive from 2015 to 2021.

Persons: Jamie Dimon, JP, Marco Bello, JPMorgan Chase, Jeffrey Epstein, Jed Rakoff, Rakoff, Epstein, Dimon, Jes Staley, Staley, Jonathan Stempel, Leslie Adler Organizations: JPMorgan Chase &, Chase, Business The, Miami, JP Morgan Chase Bank, REUTERS, JPMorgan, Rakoff, U.S ., Barclays, Miami General Employees & Sanitation Employees, Court, Southern District of, Thomson Locations: Miami , Florida, U.S, Miami, Pittsburgh, Manhattan, U.S . Virgin Islands, U.S . Virgin, Southern District, Southern District of New York, New York

Customers shop for handguns at the Des Moines Fairgrounds Gun Show at the Iowa State Fairgrounds in Des Moines, Iowa, U.S. March 11, 2023. REUTERS/Jonathan Ernst/File PhotoAug 9 (Reuters) - A federal appeals court on Wednesday ruled that a decades-old law prohibiting users of illegal drugs from owning firearms was unconstitutional as applied to the case of a marijuana user, the latest fallout from a U.S. Supreme Court ruling last year that expanded gun rights. Circuit Court of Appeals concluded that the federal law violated a Mississippi man's right to "keep and bear arms" under the U.S. Constitution's Second Amendment. The U.S. Drug Enforcement Administration did not administer a drug test, though Daniels admitted he sometimes smoked marijuana, which federal law prohibits. While his case was pending, the conservative-majority Supreme Court in June 2022 declared for the first time that the Second Amendment protects an individual's right to carry a handgun in public for self-defense.

Persons: Jonathan Ernst, Patrick Daniels, Daniels, Jerry Smith, Ronald Reagan, Stephen Higginson, Barack Obama, Nate Raymond, Shri Navaratnam Organizations: Des Moines, Iowa State Fairgrounds, REUTERS, U.S, Supreme, Circuit, Appeals, U.S . Drug, Administration, New York, Thomson Locations: Des Moines , Iowa, U.S, New Orleans, Mississippi, Boston

REUTERS/Andrew Kelly/File PhotoNEW YORK, Aug 9 (Reuters) - The U.S. Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency's efforts to oversee cryptocurrency markets. The SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion." Torres' decision was not a total victory for Ripple, as she found that it violated securities laws by selling XRP to institutional investors. The judge must decide whether to let the SEC appeal her decision, and put the case on hold. Ripple, and lawyers for Ripple, Garlinghouse and Larsen did not immediately respond to requests for comment.

Persons: Andrew Kelly, Analisa Torres, Ripple, Brad Garlinghouse, Chris Larsen, Torres, Jed Rakoff, Larsen, Gary Gensler, Coinbase, Jonathan Stempel, Chris Prentice, Jody Godoy, Chris Reese, Lisa Shumaker, Diane Craft Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Ripple Labs, SEC, U.S, District, Terra, Terraform Labs, Thomson Locations: Washington ,, Manhattan, U.S, Gensler, New York

Smartphone with Epic Games logo is seen in front of Apple logo in this illustration taken, May 2, 2021. REUTERS/Dado Ruvic/IllustrationAug 9 (Reuters) - The U.S. Supreme Court on Wednesday dealt a setback to Epic Games, maker of the popular video game "Fortnite," in its legal battle against Apple (AAPL.O), declining to let a federal judge's injunction take effect that could force the iPhone maker to change payment practices in its lucrative App Store. Circuit Court of Appeals that effectively delayed implementing an injunction issued by U.S. District Judge Yvonne Gonzalez Rogers barring certain App Store rules while Apple pursues a Supreme Court appeal. The 9th Circuit in April had upheld the injunction but in July put that decision on hold. Reporting by Andrew Chung in New York; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Yvonne Gonzalez Rogers, Apple, Andrew Chung, Will Dunham Organizations: Apple, REUTERS, U.S, Supreme, Epic Games, San, Circuit, Appeals, Thomson Locations: San Francisco, New York

[1/2] The logo of German industrial group Siemens is seen at an office building in Zug, Switzerland December 1, 2021. REUTERS/Arnd Wiegmann/File PhotoCompanies Siemens AG FollowVIENNA/MUNICH, Aug 8 (Reuters) - Siemens (SIEGn.DE) is cooperating with authorities in Austria on an investigation into allegations of possible corruption related to hospital building contracts. Siemens said the investigation was based on information the company had provided to the public prosecutor's office in the course of an ongoing compliance investigation. "Siemens is cooperating fully with the authorities," the engineering company said, adding that it would not comment on ongoing investigations. Austrian prosecutors said that five people had been arrested as part of the investigation, with several house searches taking place last week.

Persons: Arnd, Feldkirch, KHBG, Martina Ruescher, Alexandra Schwarz, Alexander Huebner, John Revill, Friederike Heine, Miranda Murray, David Goodman, Louise Heavens Organizations: Siemens, REUTERS, Companies Siemens AG, Welt, Smart Infrastructure, Thomson Locations: Zug, Switzerland, MUNICH, Austria, Vorarlberg, Vienna, Munich

[1/2] U.S. President Joe Biden holds up a ghost gun kit while announcing new measures by his administration to fight ghost gun crime at the White House in, Washington, U.S., April 11, 2022. REUTERS/Kevin Lamarque/File PhotoAug 8 (Reuters) - The U.S. Supreme Court on Tuesday granted a request by President Joe Biden's administration to reinstate - at least for now - a federal regulation aimed at reining in privately made firearms called "ghost guns" that are difficult for law enforcement to trace. A Reuters/Ipsos poll completed on Tuesday found that 70% of Americans support requirements that ghost guns have serial numbers and be produced only by licensed manufacturers. There were about 20,000 suspected ghost guns reported in 2021 to the ATF as having been recovered by law enforcement in criminal investigations - a tenfold increase from 2016, according to White House statistics. Biden's administration on July 27 asked the justices to halt O'Connor's ruling that invalidated a Justice Department restriction on the sale of ghost gun kits while it appeals to the New Orleans-based 5th U.S.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, District Judge Reed O'Connor, John Roberts, Amy Coney Barrett, Clarence Thomas, Samuel Alito, Neil Gorsuch, Brett Kavanaugh, O'Connor, Sellers, Alito, Andrew Chung, Will Dunham Organizations: White, REUTERS, U.S, Supreme, District, Conservative, Control, Bureau, Alcohol, Tobacco, Firearms, Explosives, Gun Control, Justice, Coalition, Reuters, White House, Circuit, Appeals, Firearms Policy Coalition, Constitution, Thomson Locations: Washington , U.S, Fort Worth , Texas, New Orleans, Texas, United States, U.S, New York

The logo of Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File PhotoCompanies Alphabet Inc FollowWASHINGTON, Aug 8 (Reuters) - Google asked a U.S. appeals court in New York on Tuesday to pause a decision to return an antitrust lawsuit filed by the state of Texas back to federal court in Texas. Judicial Panel on Multidistrict Litigation in June granted the state's request to send the lawsuit back to federal court in Texas. The lawsuit alleges that Google, a unit of Alphabet (GOOGL.O), abused its dominance in advertising technology. The federal court in Texas has a reputation for moving quickly.

Persons: Andrew Kelly, Diane Bartz, Matthew Lewis Organizations: Google, Chelsea, REUTERS, WASHINGTON, The U.S, Litigation, U.S, Circuit, Appeals, Thomson Locations: Manhattan , New York City, U.S, New York, Texas, The, Washington

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