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A defamation case against Kari Lake brought by Maricopa County Recorder Stephen Richer has been settled, representatives for both parties confirmed Sunday to NBC News. Richer, a Republican, filed a claim in June 2023 saying that Lake falsely accused him of "intentionally sabotaging the election" after she lost the 2022 Arizona governor's race. Richer sought nominal, compensatory and punitive damages in unspecified amounts. "We are pleased" the case has been settled, Lake’s lawyer Dennis Wilenchik said, noting that the settlement's terms "are confidential." After the election, Lake falsely accused Richer of having "sabotaged" Election Day.
Persons: Kari Lake, Stephen Richer, Richer, , Dennis Wilenchik, Trump, Katie Hobbs, Lake, Hobbs, Ruben Gallego, Justin Heap, Tim Stringham Organizations: NBC, Republican, The Washington Post, Democratic Rep, Associated Press Locations: Maricopa County, Arizona
Voting systems: How we know the election is secure
  + stars: | 2024-11-04 | by ( Zachary Wolf | ) edition.cnn.com   time to read: +14 min
Musk has used X to spread unfounded allegations about voting systems, laying groundwork to question the election before it happens. To better understand the security of US voting systems and why there’s no indication that they’re not secure, I talked to CNN’s Zachary Cohen, who covers national security, and Sean Lyngaas, who covers cybersecurity. There are three large election equipment vendors in the US: Dominion; ES&S, or Election Systems and Software; and Hart InterCivic. Dominion Voting Systems ballot-counting machines are lined up at a Torrance County warehouse during testing of election equipment with local candidates and partisan officers in Estancia, New Mexico, on September 29, 2022. COHEN: We know people, these pro-Trump operatives and lawyers, have already gotten access to election software – voting software, voting systems in Georgia, copied the entire election database from several counties.
Persons: Donald Trump, Elon Musk, Trump, , CNN’s Zachary Cohen, Sean Lyngaas, Hart InterCivic, Andres Leighton, COHEN, we’ve, Sean, We’ve, there’s, Hart, they’ll, It’s, Elon, Kamala Harris, Doug Logan, Joe, Biden, Stephen Richer, Richer, that’s, hasn’t, they’re, Tina Peters, it’s Organizations: CNN, Dominion, Fox News, Software, Federal, Trump, Idaho National Labs, Department of Energy, Arizona, Team Trump Locations: Pennsylvania, Torrance County, Estancia , New Mexico, County ( Georgia, Coffee, Mesa County , Colorado, Michigan, Georgia, Idaho, Maricopa, Maricopa County , Arizona, Colorado
Some internal proposals to support election officials’ efforts to combat disinformation have made little headway. Jen Easterly, director of the US Cybersecurity and Infrastructure Security Agency, in an interview in Washington, DC, on October 2, 2024. Ben Curtis/APThe agency has advised election officials on how to communicate clearly with voters and to prepare for security incidents. Some election officials interviewed by CNN were skeptical about the federal government’s ability to debunk election lies that are part of a broader rise of misinformation in America. The agency now has a team of former election officials who provide physical and cybersecurity services to election offices around the country.
Persons: Homeland Security’s, CISA, Jen, Ben Curtis, Sen, Mark Warner, , Elon Musk, Hurricane Helene, , , Cait Conley, Stephen Richer, Conley, we’ve, ” Conley, ” Adrian Fontes Organizations: CNN, The Department, Homeland, Agency, Infrastructure Security Agency, Senate Intelligence Committee, Virginia Democrat, Social, Republican, Capitol, Meta, Twitter, YouTube, US, FBI, Russian Locations: Washington ,, Virginia, America, Maricopa County
Election officials in pivotal battleground states including Pennsylvania, Michigan and Arizona have all tried – and largely failed – to fact-check Musk in real time. Election officials say they are simply outmatched up against Musk’s followers and the X algorithm. “Election officials, they have a very hard job – their job is to be election officials not to be Tweeters,” said Renée DiResta, an expert in disinformation and an associate research professor at Georgetown University’s McCourt School of Public Policy. Election officials in Pennsylvania are similarly attempting to fact-check Musk’s false claims on X but acknowledge those efforts are unlikely to stymie the spread of election lies. In Georgia, election officials see little point in trying to engage with Musk directly, instead turning to the method they relied on in 2020 to beat back misinformation: Regular press conferences with election officials rebutting the latest election falsehoods.
Persons: CNN — Elon, CNN they’re, “ I’ve, , Stephen Richer, “ We’ve, ” Richer, Donald Trump, Joe Biden, , Jocelyn Benson, ” Benson, Musk, Benson, , Renée DiResta, Georgetown University’s, DiResta, “ It’s, Nina Jankowicz, I’d, Elon Musk, Jim Jordan’s, they’ve, ” Jankowicz, I’ve, ” Sen, Mark Warner, X, Nick Pickles, Pickles Organizations: CNN, Republican, Trump, Georgetown, Georgetown University’s McCourt School of Public, Musk’s America PAC, American Sunlight, Meta, Republicans, Democrats, Capitol, Virginia Democrat, Global Affairs Locations: Pennsylvania, Michigan, Arizona, Maricopa County, Wolverine, Georgia
But for some Arizona voters, only Trump’s election denialism is resonating. A Fox News poll in late August found 32% of Arizona voters surveyed didn’t believe Biden was legitimately elected president. Taylor Hammond, 30, a real estate agent from Phoenix, doesn’t believe Trump lost in 2020. Speaking at a campaign event in Tucson in 2022, Lake said: “We don’t have any McCain Republicans in here, do we? But for other voters, Lake’s false claims about her election loss resonated.
Persons: Donald Trump, Kari Lake, John Giza, Trump, , parroting Trump’s, Lake’s, Katie Hobbs, , Karen Miller, Miller, ” Miller, “ It’s, Brendan Dolleman, Pinal County Sheriff Mark Lamb, Dolleman, Lamb, Ruben Gallego, Sen, Kyrsten Sinema’s, Kamala Harris, Joe Biden, Bill Clinton, didn’t, Biden, Taylor Hammond, Hammond, Lake, ” Hammond, Tyler Hammond, Stephen Richer, don’t, “ I’m, John McCain, McCain, Cindy McCain, ” Neil Rubin, Rubin, Dana Morrison, Hobbs, ” Morrison, Sally Foree, ” Barrett Marson, wasn’t, “ Donald Trump, ” Marson, “ There’s Organizations: Arizona GOP, Walmart, Trump, Lake, NBC News, Senate, , Pinal County Sheriff, Republican, Democratic Rep, Democrat, Arizona, Fox, Republicans, Voting, Fox News, Dominion, Mar, Republican Maricopa, CNN, Arizona Republican, “ McCain Republicans, McCain, McCain Republicans, Democratic Locations: Arizona, Giza, Prescott Valley, Scottsdale, Pinal County, , Gallego, Maricopa, Phoenix, Republican Maricopa County, Tucson, America, Peoria, Ahwatukee
It's a dynamic that has forced many election officials out of the industry, while those who remain have taken in some cases dramatic steps to protect poll workers and voters ahead of Election Day. Some poll workers are also receiving pay bumps as incentives to stay on through a stressful voting period. In interviews, county and state election officials shared details of security plans with NBC News. The county allocated money for so-called panic buttons that would allow election workers to quickly contact authorities in emergencies. They decided to give police radios to election workers instead.
Persons: Donald Trump, , they’re, Stephen Richer, enforcement’s, “ They’re, , Zach Manifold, Daniel Baxter, Aaron Dobson, State Jena Griswold, Griswold, they’ve Organizations: NBC News, Republican, Milwaukee County Sheriff's, State Locations: America, Maricopa County , Arizona, Maricopa County, Cobb County , Georgia, Gwinnett County, Detroit, Milwaukee County , Wisconsin, Colorado
Earlier this month, Kory Langhofer resigned as the chief legal counsel for former President Donald Trump's and the Republican National Committee’s “election integrity” operation in Arizona. “There’s just a perception that [Republican lawyers] are not doing enough proactively,” a second lawyer said about staving off supposed fraud. “Is it possible we are all being gaslit by the @gop regarding a fake ‘Election Integrity’ program that doesn’t actually exist?” Wren wrote in the post. Harmeet Dhillon, attorney and member of the Republican National Committee, will oversee the GOP's legal efforts around the election in Arizona. “We are full steam ahead in our unprecedented dedication to Election Integrity,” she added.
Persons: Kari Lake’s, Kory Langhofer, Donald Trump's, Langhofer, ” “ Kari, , “ There’s, staving, Trump, Harmeet Dhillon, Dhillon doesn’t, , Lake’s, Caroline Wren, Wren, onboarded Dhillon, Dhillon, Kyle Grillot, Gina Swoboda, Swoboda, Kari Lake, Bryan Blehm, Stephen Richer, Richer, Adrian Fontes, Organizations: Republican National, White, Trump, NBC News, Arizona Republican, GOP, Republican, RNC, Lake, Republican National Committee, Bloomberg, Getty, Arizona Republican Party, NBC, Arizona Republicans, Arizona Supreme Court, Arizona voters, , , Democratic Locations: PRESCOTT, Ariz, Arizona, , California, , Maricopa County, An Arizona
Election observers worry that delays in counting mail ballots could give the public a false sense of who’s winning the election. In Wisconsin and Pennsylvania, election officials are still barred from beginning to process mail ballots before 7 a.m. on Election Day – even though election workers in both states have clamored for change. Georgia's State Election Board members discuss proposals for election rule changes at the State Capitol in Atlanta on September 20, 2024. The new law could delay by an hour or more – depending on the county – the posting of unofficial early results, state election officials have said. In Maricopa County, the general election ballot covers both sides of two pages – twice the length of the ballot voters encountered four years ago.
Persons: CNN —, Seth Bluestein, Ann Jacobs, , Al Schmidt, Donald Trump, Chris McGrath, Joe Biden, Donald Trump baselessly, Rudy Giuliani, Biden, Trump, ” Jacobs, parroting, Daniel Acker, ” Schmidt, , Jacobs, David Becker, Sen, Jeremy Moss, Moss, Mike Stewart, Harris, “ It’s, Karen Brinson Bell, I’ll, won’t, Robyn Beck, Stephen Richer, ” Richer, Katie Hobbs, Jennifer Liewer, Liewer, “ We’ve, ” CNN’s Ethan Cohen, Marshall Cohen, Jason Morris Organizations: CNN, Republican, Democratic, Keystone State, ” Police, Philadelphia Convention Center, White, Democratic Milwaukee, Biden, Wisconsin State Assembly, Trump, Reuters, , Workers, US, Department, Election Innovation, Research, National Conference of State Legislatures, Democratic Detroit, Capitol, Michigan Senate, State Capitol, North Carolina State Board, Getty, Republicans, Gov, Democrat Locations: Pennsylvania, Philadelphia, , Wisconsin, Georgia, Keystone, Democratic, Kenosha , Wisconsin, Michigan, Detroit, Atlanta, North Carolina, Phoenix, AFP, Arizona, Maricopa County, Maricopa
The Arizona Supreme Court ruled Friday that roughly 98,000 Arizonans whose voter registration status was in limbo will be able to participate in the full ballot in November. “We deeply appreciate the Arizona Supreme Court for their prompt and just resolution,” Fontes added. In 2005, Arizona state law required documentary proof of citizenship in order to register to vote. “Thank you Arizona Supreme Court for your extremely quick and professional review of this matter,’ Richer added. "We’re very grateful to the state Supreme Court for protecting the voices of almost 98,000 voters who were in danger of being disenfranchised in this election,” she added.
Persons: , Adrian Fontes, , ” Fontes, snafu, Ann Scott Timmer, Stephen Richer, Fontes, Richer, ’ Richer, Gina Swoboda, Swoboda Organizations: Arizona Supreme, Democratic, Arizona Supreme Court, MVD, NBC Locations: Arizona, Maricopa County
That’s why Maricopa County has spent over $864,000 in federal funds and more than $3 million in county funds to bolster its election security and processes over the past four years. Officials readily shared their worries with CNN, citing death threats, harassment, baseless lawsuits, onerous public-records requests and various security threats spurred by false claims about voter fraud. Amid these challenges, budgets for election security have been squeezed in several ways. Thousands of election workers across the country have reported receiving harassing, offensive or hostile communications, including since the 2022 midterms, according to the Department of Justice’s Election Threats Task Force. As recently as Tuesday, Trump threatened to prosecute and imprison election officials if he wins in November, as he cast doubt on the integrity of the upcoming election.
Persons: , Bill Gates, MAGA, Donald Trump’s, , Ben Hovland, ” Hovland, ” Ben Hovland, Patrick Semansky, Hovland, Joe Biden, Biden, Sen, James Lankford, , Louisiana hasn’t, they’ll, Colorado —, CNN they’ve, “ We’re, they’ve, John Michael Catalano, Elijah Nouvelage, Isaac Cramer, Katharine Clark, we’re, Cramer, Mark Zuckerberg, Priscilla Chan, Zuckerberg, Trump, Chan, George Christenson, Republicans don’t, Jim Jordan of, Alex Jones swooped, Kelli Ward, Rudy Giuliani, Mark Meadows, Jenna Ellis, Kari Lake, She’s, Stephen Richer, Michael Chow, who’ve, Judge Scott Blaney, denialism, Kamala Harris, Arizona’s, Jeff Woolf, ” Woolf Organizations: Phoenix CNN, county’s, Supervisors, CNN, , U.S, Election, Commission, National Association of, State, Help, Congress, FBI, US Postal Service, Tech, Civil, Center, Election Innovation, Research, Department, Force, South Carolina, South, Charleston County, Facebook, Democratic, Biden, Trump, FEC, GOP, Republicans, Democrats, Arizona Senate Republican, USA, Network, Arizona Superior Court, Republican Locations: Maricopa, Maricopa County, Washington, California , Georgia, Nevada , Oregon , Texas, Arizona , Georgia, North Carolina, Takoma Park , Maryland, Oklahoma, “ Louisiana, Nevada, Michigan, Louisiana, Delaware, Virginia, Colorado, Arizona, Georgia, Oregon, South, South Carolina, Fulton County, Atlanta, Charleston, Santa Fe , New Mexico, Pennsylvania, In Wisconsin, Milwaukee County, Wisconsin, Jim Jordan of Ohio, China, Republic
ANN ARBOR, Mich. — Battleground state election officials from both parties are pushing back against a falsehood that has proven pervasive ahead of the 2024 reaction: that noncitizens are voting in widespread numbers. The comments came as former President Donald Trump and his GOP allies have talked up efforts to crack down on noncitizens voting, which is already illegal. Maricopa County has sued seeking clarity on whether those voters can vote in state and local elections this fall. Republicans at the national and state level have fueled unfounded noncitizen voting claims in the run-up to this year's presidential election. Election officials said Thursday they were taking steps to debunk conspiracy theories ahead of the 2024 election.
Persons: Donald Trump, , , Al Schmidt, Schmidt, they’re, Jocelyn Benson, Benson, ” Benson, , Bob Bauer, Ben Ginsberg, Brad Raffensperger, ” Raffensperger, we’re, Mike Johnson, Ken Paxton, they're, it's, Karen Brinson Bell, It's, Stephen Richer, Katie Hobbs, Richer, Kim Pytleski Organizations: GOP, Department of Transportation, The, Republican, Republicans, Texas, Arizona Gov Locations: Mich, , Pennsylvania, Philadelphia, Michigan, American, Arizona, Maricopa County, Georgia, Oconto County , Wisconsin
A top election official in Arizona said he would file a suit Tuesday that could bar almost 100,000 residents from voting in state and local races this fall, claiming they have not provided citizenship documents required under state law. The planned suit from Maricopa County Recorder Stephen Richer is related to a specific part of Arizona election law that requires residents to provide documents that prove citizenship to vote in state and local elections. Such documents are not required for Arizona residents to register to vote or cast a ballot in federal elections. Since 1996, Arizona has required residents to provide proof of citizenship to obtain a driver’s license. Hobbs said her office would implement "an independent audit to ensure that MVD systems are functioning as necessary to support voter registration."
Persons: Stephen Richer, , Richer, ” Richer, Donald Trump, Justin Heap, Adrian Fontes, ” Fontes, “ We’re, Fontes, , we've, , Katie Hobbs, Hobbs Organizations: U.S, Citizens, Republican, GOP, Senate, NBC News, Motor Vehicle, Motor Vehicle Department, MVD, Gov, Fontes Locations: Arizona, Maricopa County, U.S, United States, America
President Donald Trump and his first attorney general, Jeff Sessions, in Quantico, Va., on Dec. 15, 2017. “Please beware that this legal exposure extends to Lawyers, Political Operatives, Donors, Illegal Voters, & Corrupt Election Officials." Since leaving the Trump administration, Clark has argued that the attorney general should not be independent. Davis told NBC News that he does not expect he would fill the role of acting attorney general but that another Trump ally could. Donald Trump, left, and Attorney General William Barr at the White House on May 22, 2019.
Persons: Donald Trump, Trump, “ Trump, , Stephen Gillers, Mark Zuckerberg, Jeff Sessions, Evan Vucci, ” Trump, , Joe Biden, Kamala Harris, Nancy Pelosi, Anthony Fauci, Bill Gates, Jack Smith, Barack Obama, Liz Cheney, Richard Nixon’s, Robert Mueller, general’s, Jeffrey Clark, Jose Luis Magana, Clark, Russ Vought, , ” Clark, Mike Davis, Sen, Chuck Grassley, Neil Gorsuch, ” Davis, Hillary Clinton, George Soros, Davis, General Merrick Garland’s, Trump’s, Stephen Richer, ” Richer, Ilya Somin, Gene Hamilton, William Barr, Chip Somodevilla, Hamilton, ” Gillers, Zuckerberg Organizations: of Justice, New York University Law School, , and Drug Administration, Centers for Disease Control, WIN, Political, Illegal Voters, Democratic National Convention, Republican, Justice Department, White, White House, Democratic, Trump, Conservative Political, DOJ, , Supreme, Washington , D.C, NBC News, Trump DOJ, Capitol, D.C, FBI, George Mason University, Partisan, America, NYU Locations: Quantico, Va, Oxon Hill, Md, America, Iowa, Washington ,, Albany , Atlanta, New York City, Palm Beach, Phoenix, Fort Pierce , Florida, Lago, Maricopa County , Arizona
Gail Collins: Hey, Bret, we just hit April Fools’ Day. Lake isn’t even bothering to defend herself on the substance of the suit and has asked the court to move directly to the damages phase. I hope the court takes the Fake out of Lake with a whopping judgment in Richer’s favor. Current subject is the business dealings of Joe’s son Hunter, a road we’ve been down a trillion times before. Bret: Hey, think of all the fun we’ll have when Democrats return the favor by investigating Javanka, Don Jr. and Eric when Donald Trump is — gulp — back in office.
Persons: Gail Collins, Bret, Bret Stephens, Kari Lake, Kyrsten, Stephen Richer, Richer, isn’t, Richer’s, Gail, James Comer, who’s, Joe Biden, Joe’s, Hunter, Javanka, Don Jr, Eric, Donald Trump Organizations: Trump, U.S, Senate, Republican Locations: Arizona, Maricopa County
On Tuesday, lawyers for Ms. Lake indicated she would not dispute the facts of a defamation lawsuit that Stephen Richer, the Maricopa County recorder, had filed against her. But they seem to be more durable and pervasive in Maricopa County, home to Phoenix, riling up residents long after campaigns have closed up shop. Credit... Rebecca Noble for The New York TimesThe numbers back up Arizona’s outsize role in election fraud claims. At a news conference on Monday, Gary M. Restaino, the U.S. attorney for Arizona, said seven of the nation’s roughly 18 federal cases regarding election threats involved people targeting Arizona election officials, though the suspects are not Arizonans. Image Bill Gates, a Maricopa County supervisor, during Arizona’s primary presidential election in Phoenix earlier in March.
Persons: Joseph R, Biden, Donald J, Kari Lake, Trump, baselessly, hasn’t, Lake, Stephen Richer, Richer, , , Joshua Garland, Rebecca Noble, Gary M, , Mr, Restaino, Lake’s, ” Mr, they’re, Katie Hobbs, Bill Gates, Gates, Lake —, , ’ ‘, ’ ”, “ It’s Organizations: Republican, Arizona State University, , The New York Times, Arizona, U.S, Supreme, Lake’s Democratic, Mr, Republicans Locations: Arizona, Maricopa, Maricopa County, Phoenix, Georgia, U.S, . Credit, Gitmo
CNN —Kari Lake, a Republican Senate candidate from Arizona who has advanced election conspiracy theories, is asking a judge to decide whether she must pay damages to a top county election official who sued her for defamation – after opting not to defend her statements in the case. Richer and Lake are both Republicans, and his lawsuit marked an aggressive step by Richer to confront Lake’s election claims – which have been rejected by the courts. In a statement, Richer said Lake and her allies had capitulated. Her Senate campaign received a boost earlier this year when, after months of behind the scenes lobbying, the Senate Republicans’ campaign arm endorsed her. Lake, however, has not completely backed down on her election fraud claims.
Persons: Kari Lake, Stephen Richer, Richer, Lake’s, , Lake, , , “ Kari didn’t, Sen, Kyrsten Sinema, Sinema, Republicans ’, Donald Trump’s Organizations: CNN, Republican, Lake –, Arizona, Lawyers, Advisers, Senate, Republicans, The New York Times Locations: Arizona, Maricopa County, Richer, Washington
PHOENIX (AP) — Kari Lake, a Republican Senate candidate in Arizona who says she lost a 2022 race for governor because of fraud, is declining to defend against a defamation lawsuit filed by a top election official. The court had already rejected her motion to dismiss the case, and the Arizona Supreme Court declined to take her appeal. While declining to defend her statements in court, Lake maintains she was truthful and says she wants to avoid spending time and money on a protracted legal process. Richer's lawsuit, filed in Maricopa County Superior Court, names Lake, her husband, her campaign and her political fundraising group as defendants. It details nearly three dozen times she made the claims publicly on social media or at rallies and news conferences.
Persons: — Kari Lake, Stephen Richer, Richer, ” Richer, ” Lake, she'd, Donald Trump, Rudy Giuliani, Giuliani Organizations: PHOENIX, Republican, Republican Maricopa, Arizona Supreme, GOP, Associated Press, Phoenix, Arizona, Trump, Court, Justice Department Locations: Arizona, Republican Maricopa County, Washington, Georgia, Maricopa County, Lake
The business group’s consumer confidence index rose to 114.8 from a revised 108 in December. The present situation Index – a measure of current business and labor market conditions – surged to 161.3 from 147.2 last month. And it comes as the Federal Reserve is meeting in Washington to set interest rate policy, with economists forecasting the central bank will hold interest rates steady. But, he adds, “The Fed’s not going to change” at its first meeting of 2024 that began on Tuesday and do anything other than hold interest rates steady for the fourth meeting in a row. The index often leads other consumer sentiment surveys by two to three months, says Legal Shield CEO Warren Schlichting.
Persons: , Dana Peterson, Stephen Rich, Melissa Brown, Jerome Powell, Gene Goldman, Warren Schlichting, Schlichting, it’s Organizations: Conference, Mutual of America Capital Management, Federal Reserve, Investment Management, , Labor Department, ADP Locations: U.S, Washington
I really do,” Lake told an adoring crowd of Michigan Republicans gathering last month on Mackinac Island. Lake will launch a U.S. Senate campaign for an Arizona seat in a splashy Scottsdale rally on Tuesday, having never conceded that she lost last year's race for Arizona governor. She is trying out new messages and courting the support of national Republicans she’s insulted in the past. That worries some Republicans who fear she will cost them a race that could decide control of the Senate. But Lake became a national figure on the far right with her television appearances and her defense of Trump's election falsehoods.
Persons: — Kari Lake, Who's, ” Lake, Republicans she’s, Donald Trump, Kari Lake, , Chris Baker, Kentucky Sen, Mitch McConnell, Lake, she's, Sen, Kyrsten Sinema, Sinema, Ruben Gallego, Steve Daines, Daines, Trump, Steve Bannon, John McCain, Katie Hobbs, Stephen Richer, Pinal County Sheriff Mark Lamb, Lake demurred, , McConnell, Chuck Schumer, Schumer, It’s, Ted Cruz, , Steve Peoples, Linley Sanders Organizations: PHOENIX, Michigan Republicans, U.S, Senate, Arizona, Republicans, Kentucky, National Republican, GOP, U.S . Rep, Democratic, National Republican Senatorial Committee, , Associated Press, AP VoteCast, Trump, Arizona Supreme, Republican, Arizona Republicans, Pinal County Sheriff, September's Republican, Democrats, AP, McConnell Locations: Michigan, Mackinac, Arizona, Scottsdale, an Arizona, Montana, Washington, California, America, , Phoenix, Iowa, Maricopa County, Pinal County, Ted Cruz of Texas, New York
The recent crypto platform bankruptcies trapped customer assets now worth around $34 billion, according to Xclaim, which allows creditors to trade such claims. To protect themselves, institutional crypto investors are switching to exchanges that offer stronger asset protection, boosting due diligence on trading partners, and executing trades in smaller chunks, among other new risk management measures, according to executives and industry data. European crypto asset manager CoinShares ramped up its counterparty due diligence after losing 26 million pounds ($32.65 million) in the collapse of FTX. Financial regulators like the SEC say many crypto companies flout applicable rules, meaning risk management still lags the traditional financial sector. "This is inevitably risk we're all carrying in crypto - we have uncomfortable concentration risk on one large exchange called Binance," said Nickel's Crachilov.
Persons: Samed Bouaynaya, Coinbase, Altana, Binance, Anatoly Crachilov, Martin Lee, Nansen, Stephen Richardson, CoinShares ramped, cybersecurity, Jean, Marie Mognetti, Changpeng Zhao, Nickel's Crachilov, Wes Hansen, Hansen, Elizabeth Howcroft, Michelle Price, David Gregorio Our Organizations: Voyager, London, Coinbase, U.S . Securities, Exchange Commission, SEC, Asset Management, Arca, Thomson
Finding opportunities amid the market volatility is "mission critical," and there are several to be had this year, according to Evercore ISI. The Wall Street firm is predicting an economic and earnings recession, catalyzing a "cathartic" volatility spike in 2023. "Alpha opportunities are surfacing in 2022's wreckage from inflation's breakout resulting in record tightening, catalyzing a stock/bond correlated decline. With that in mind, Evercore came up with its top stock picks for 2023. The streaming company should enjoy a comeback this year, after losing 51% in 2022, according to analyst Mark Mahaney.
In a decision Saturday, Maricopa County Superior Court Judge Peter Thompson, who was appointed by then-Republican Gov. While most of the other election deniers around the country conceded after losing their races in November, Lake has not. Lawyers for Lake focused on problems with ballot printers at some polling places in Maricopa County, home to more than 60% of Arizona’s voters. The defective printers produced ballots that were too light to be read by the on-site tabulators at polling places. Earlier on Friday, another judge dismissed Republican Abraham Hamadeh’s challenge of results in his race against Democrat Kris Mayes for Arizona attorney general.
Republican candidate for Arizona Governor Kari Lake speaks at the Republican Party of Arizona's 2022 U.S. midterm elections night rally in Scottsdale, Arizona, U.S., November 8, 2022. In a decision Saturday, Maricopa County Superior Court Judge Peter Thompson, who was appointed by then-Republican Gov. While most of the other election deniers around the country conceded after losing their races in November, Lake has not. The defective printers produced ballots that were too light to be read by the on-site tabulators at polling places. Earlier on Friday, another judge dismissed Republican Abraham Hamadeh's challenge of results in his race against Democrat Kris Mayes for Arizona attorney general.
A judge on Monday dismissed most of a lawsuit filed by Kari Lake, the GOP candidate who lost Arizona’s governor race in November, but allowed her to go to trial with a pair of claims challenging Democratic Gov.-elect Katie Hobbs’ victory. Thompson did not take a position on the validity of the two claims, but said Lake should be allowed to present her case. Lake asked a court to toss Maricopa County's results to declare her the winner or hold another vote in the county. In his decision, the judge dismissed eight of Lake’s claims, including Lake’s allegation that Hobbs and Richer attempted to censor her by flagging her social media posts containing baseless election claims for removal. Lake is a prominent booster of Trump’s false claims of widespread fraud in the 2020 election.
Kari Lake, the GOP candidate who lost Arizona's governor race in November, filed a lawsuit Friday challenging certification of the state's election results and seeking a court order that declares her the winner. The 70-page lawsuit from Lake, a prominent election denier and Trump ally, contains numerous inaccuracies about the election won by Democratic Gov.-elect Katie Hobbs, Arizona's secretary of state. “Lake received the greatest number of votes and is entitled to be named the winner,” the lawsuit states. “Kari Lake needs attention like a fish needs water — and independent experts and local election officials of both parities have made clear that this was a sage, secure, and fair election,” Hobbs’ campaign manager said. “Arizonans made their voices heart and elected Katie Hobbs as their governor.
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