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☆ Florida man who attacked a postal carrier in a hijab gets 3 years in federal prison
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Postal Service carrier was sentenced Friday to three years in federal prison. “No one should live in fear of being targeted because of their religious beliefs,” First Assistant U.S. Attorney Michael Davis said said in the attorney’s office statement. The carrier, identified only as a 47-year-old woman of Muslim faith, took note, prosecutors and investigators said in the criminal complaint filed against Pinkney. "Go back to your country," the defendant allegedly told the carrier, according to the U.S. attorney's statement on Friday. She got inside the truck, where Pinkney grabbed her neck and, after a struggle, pulled off her hijab, the U.S. attorney's office said.

Persons: Kenneth Pinkney, “, ”, Michael Davis, Prosecutors, Pinkney, Jeffrey B, Veltri Organizations: U.S . Postal Service, Attorney's, Southern, Southern District of, Prosecutors, FBI Locations: Florida, U.S, Fort Lauderdale, Southern District, Southern District of Florida, Broward County, Israel, FBI Miami

☆ NY fights to save Trump hush-money sentencing, saying it's a harmless error if evidence he's immune from entered the case
▼ + stars: | 2024-07-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewManhattan prosecutors are fighting to keep Donald Trump's September 18 hush-money sentencing on track, saying in a new filing Thursday that it was "harmless error" if evidence he's now immune from entered the case. But Trump would have been indicted and convicted even if evidence the defense calls "official" were removed, the filing adds. AdvertisementThe filing argues that Trump is wrong in now stamping much of the prosecutor's case "official act evidence." But these tweets describe unofficial acts unrelated to Trump's official duties, and for which he has no immunity, the prosecution filing now argues. Lawyers for Trump did not immediately respond to requests for comment on the prosecution filing.

Persons: —, Donald Trump's, Attorney Alvin Bragg, Trump, Stormy Daniels, SCOTUS, Donald Trump, Jane Rosenberg, Bragg, Matthew Colangelo, Daniels, Michael Cohen, Hope Hicks, Trump's, Cohen, Madeleine Westerhout, caselaw, Juan Merchan Organizations: Service, Attorney, Business, Trump Organization, Manhattan, White House, Trump Locations: Manhattan

☆ Trump hush-money judge delays sentencing until September 18, but only if it's 'still necessary' after a defense immunity challenge
▼ + stars: | 2024-07-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Read previewManhattan prosecutors on Tuesday agreed to delay Donald Trump's hush-money sentencing, saying they need time to fight his efforts to overturn his conviction in the wake of Monday's Supreme Court immunity ruling. The sentencing judge, New York Supreme Court Justice Juan Merchan, quickly agreed to push sentencing to September 18, but only if Trump's conviction survived this latest challenge. AdvertisementMerchan agreed to a July 10 deadline for the defense to submit its challenge to Trump's conviction and a July 24 deadline for prosecutors to file their response. How Trump intends to fight his hush-money convictionTrump is fighting his hush-money conviction one day after the Supreme Court issued a 6-3 decision granting former presidents broad immunity from criminal prosecution. Read the defense letter describing why the Supreme Court should invalidate Trump's conviction here.

Persons: —, Donald Trump's, Juan Merchan, Merchan, Merchan's, Trump, would've, defendant's, Monday's SCOTUS, DANY, Trump's, Todd Blanche, Blanche, SCOTUS Organizations: Service, Monday's, New, Business, Republican National Convention, Prosecutors, Government Locations: Manhattan

☆ A California DA is 'disappointed' that doctor who drove a Tesla carrying his family off a cliff gets mental health diversion instead of a trial
▼ + stars: | 2024-06-27 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A San Mateo County judge on June 20 granted Dharmesh Patel's request to participate in a mental health diversion program, which would allow him to avoid a trial on charges of attempted murder. AdvertisementThe ability to participate in diversion programs — for juveniles, veterans, or defendants struggling with mental health diagnoses or substance abuse struggles — is an increasingly popular alternative to jail sentences across the US. Wagstaffe told BI the charges against Patel have now been suspended and if he successfully completes the two years of the diversion program, the charges would be automatically dismissed. Under California law, defendants are ineligible for the diversion program if they have been charged with other offenses, including murder, involuntary manslaughter, and rape."

Persons: —, Tesla, Dharmesh, Steve Wagstaffe, Patel, Susan Jakubowski's, Jakubowski, Wagstaffe, Gavin Newsom Organizations: Service, Business, GPS, California Legislature Locations: California, Mateo County, San Mateo County, Northern California

☆ Fahim Saleh murder jury must decide if Tyrese Haspil believed stabbing and dismembering tech CEO was 'reasonable'
▼ + stars: | 2024-06-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +16 min

Days before admittedly stabbing and dismembering tech CEO Fahim Saleh, ex-personal assistant Tyrese Haspil admittedly used $750 of his victim's money to buy this 6-by-6-inch cake for his girlfriend. Anything less than unanimity — say if one juror accepts Haspil's EED defense and 11 do not — will cause a mistrial. Killer Tyrese Haspil, left, and Fahim Saleh in the lobby of Saleh's Lower Manhattan condo complex, one minute before the attack. Tyrese Haspil, accused of the 2020 murder-dismemberment of tech CEO Fahim Saleh, in state Supreme Court in Manhattan. Fahim Saleh is facing his killer, Tyrese Haspil, as the elevator doors close on the victim's apartment.

Persons: —, They'll, Tyrese, Fahim Saleh, Haspil, Saleh, Tyrese Haspil, Louis Vuitton, Chauveau, Alan Chin, who'd, Barry Rosenfeld, he'd, Linda Ford, He'd, Exed, Tasers, Fahim Saleh's, Joseph Goldstein, Sam Roberts —, Society — Organizations: Service, Business, Attorney, Louis, Manhattan, Home Depot, York Penal Law, Amazon, Buy.Taser.com, New York, Society Locations: Manhattan, France, Lower Manhattan, American, Gokada, Nigeria, Brooklyn, Lagos, New York, balaclava, New

☆ Read the Court’s Decision to Uphold Access to Abortion Pill
▼ + stars: | 2024-06-13 | by ( ) www.nytimes.com time to read: +3 min

Held: Plaintiffs lack Article III standing to challenge FDA's actions regarding the regulation of mifepristone. (a) Article III standing is a “bedrock constitutional requirement that this Court has applied to all manner of important disputes." Causation requires the plaintiff to establish that the plaintiff's injury likely was caused or likely will be caused by the defendant's conduct. Because plaintiffs do not prescribe or use mifepristone, plaintiffs are unregulated parties who seek to challenge FDA's regulation of others. Plaintiffs advance several complicated causation theories to connect FDA's actions to the plaintiffs' alleged injuries in fact.

Persons: “, Allen, Wright, Ramirez, Summers, Lujan Organizations: Fifth Circuit, FDA, Earth Island Institute, of Wildlife Locations: States, . Texas

☆ Donald Trump-Karen McDougal Affair: Was Melania Pregnant?
▼ + stars: | 2024-06-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

According to one of the prosecutors in the case, Trump had an affair with Karen McDougal, a former Playboy model, while his wife, Melania Trump, was pregnant. The idea that the affair took place while Melania Trump was expecting a child, however, had never been previously reported. "We were just as surprised as you when Josh Steinglass stated that Melania was pregnant at the time," Carol Heller, a representative for McDougal, told Business Insider. Barron Trump, the sole child of Donald and Melania Trump, was born in March 2006 — before McDougal says the affair took place. Advertisement"Steinglass misspoke about Melania being pregnant during the affair, and Merchan relied on the incorrect impression he gave when he talked about Melania being pregnant," Heller told BI.

Persons: —, Donald, Trump, Karen McDougal, Melania Trump, McDougal, Joshua Steinglass, Steinglass, Josh Steinglass, Melania, Carol Heller, Juan Merchan, Trump's, Barron Trump, Chad Buchanan, Heller, Merchan, McDougal —, Karen, Barron, didn't, Stormy Daniels, Todd Blanche, Blanche, Daniels, Billy Farrell, Patrick McMullan, Joe Palazzolo, Michael Rothfeld, Gina Rodriquez, Dylan Howard, Rodriguez, Donald Trump, McDougal's, Michael Cohen —, fixer —, Cohen, Anderson Cooper, Cooper Organizations: Service, Business, Trump, New, Playboy, Prosecutors, Attorney's Office, National Enquirer, Getty, NBC, Tahoe, Donald Trump . Manhattan, Attorney's, CNN Locations: Manhattan, Los Angeles, Lake Tahoe

☆ When the crowd leaves Trump's hush-money trial, the judge spends his day in a very different kind of court
▼ + stars: | 2024-05-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

AdvertisementGetting accepted is just the startThe Manhattan mental health court is one path available to those who plead guilty to felonies. Related storiesMerchan is the sole judge of the mental health court in all of Manhattan, and has presided over it since its founding in 2011. If the office allows it, a mental health court treatment plan can become part of their plea agreement, which includes different consequences for failures. "It's really hard, a huge burden to even get so far as to be accepted into mental health court," said Orlins. If you fail the mental health court program in such a dramatic fashion, the next step can be a sentencing hearing.

Persons: —, Donald Trump's, Stormy Daniels, Juan Merchan, Merchan, Donald Trump, Curtis Means, Trump, I'm, Eliza Orlins, Justice Juan M, Seth Wenig, Juan Merchan's, ANGELA WEISS, Orlins, Jane Rosenberg, Iris Organizations: Service, Republican, Business, New, Trump, Justice, AP, Manhattan, Attorney's, Getty, Associated Press Locations: United States, Washington, Manhattan, New York City

☆ Prosecutors ask judge to jail former Trump aide Steve Bannon after he loses appeal
▼ + stars: | 2024-05-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Federal prosecutors on Tuesday asked a judge to order former Trump White House aide Steven Bannon to begin serving his four-month jail sentence for contempt of Congress, citing a recent appeals court decision upholding his conviction. Bannon's lawyer, David Schoen, did not immediately respond to a request for comment on the motion. Judge Carl Nichols, who was appointed to the district court by former President Donald Trump, later sentenced Bannon to four months in jail but allowed him to remain free pending appeal. After that ruling, Bannon's lawyer Schoen said that he would ask for the appeal to be reheard by a panel made up of all the judges on the D.C. Circuit appeals court.

Persons: Steven Bannon, Bannon, David Schoen, Carl Nichols, Donald Trump, Nichols, Bannon's, Trump's, Schoen Organizations: Trump White House, U.S . Capitol, District of Columbia, U.S, Circuit, Appeals Locations: United States, America, U.S

The "Access Hollywood" tape sent the RNC reeling, she testified of working there at the time. Westerhout said RNC officials were so concerned, they began planning how to replace Trump. AdvertisementThe "Access Hollywood" tape was so damaging to Donald Trump's 2016 campaign that the Republican National Committee began planning how to replace him as the GOP's presidential candidate, his ex-executive assistant testified on Thursday. Madeleine Westerhout, who worked as an assistant to a top RNC official before she served as Trump's assistant in the White House, described the post-tape tumult to the jury in Trump's New York criminal hush-money trial. The notorious 2005 tape, which circulated ahead of the 2016 presidential election, was highly damaging to the Trump campaign, prosecutors have told jurors.

Persons: Madeleine Westerhout, Westerhout, —, Donald Trump's, Trump, Stormy Daniels, Daniels, He's, Todd Blanche, Trump's, Michael Cohen, It's, Blanche, Cohen Organizations: White House, RNC, Trump, Service, Republican National Committee, Prosecutors, Attorney's Office Locations: Trump's New York, Manhattan, Lake

☆ Shohei Ohtani’s former translator to plead guilty to transferring $17 million from MLB star’s bank account
▼ + stars: | 2024-05-08 | by ( David K. Li | Madeline Morrison | ) www.cnbc.com time to read: +2 min

Shohei Ohtani answers questions and Ippei Mizuhara translates during the Shohei Ohtani-Los Angeles Dodgers press conference at Dodger Stadium in Los Angeles on Dec. 14, 2023. The former translator of Los Angeles Dodgers superstar Shohei Ohtani has agreed to plead guilty to illegally transferring $17 million out of the baseball phenom's account without his knowledge, authorities said Wednesday. Ippei Mizuhara, 39, will plead guilty to single counts of bank fraud and subscribing to a false tax return, according to federal prosecutors in Southern California. "Unable to pay his gambling debts, Mizuhara orchestrated a scheme to deceive and cheat the bank to fraudulently obtain money from" Ohtani's account, according to a statement by prosecutors. Mizuhara used Ohtani's password to get to the player's bank account, without the player's knowledge or permission, prosecutors said.

Persons: Shohei, Shohei Ohtani, Ippei Mizuhara, Martin Estrada, Mizuhara, —, Ohtani Organizations: Los Angeles Dodgers, Dodger, Los Angeles Angels Locations: Los Angeles, Southern California

AdvertisementDonald Trump enters his first criminal trial every day flanked by lawyers, court officers, Secret Service members, and political advisors. AdvertisementFormer President Donald Trump speaks alongside his wife, former first lady Melania Trump, during a rare joint appearance as they arrived to vote in Florida's primary election. Bederow explained that Melania Trump's courtroom support could be "potentially very powerful" given the salacious nature of the hush-money case against Trump. Danilewitz said Trump's defense team may have a different strategy in mind when it comes to Melania Trump. If Trump's family does decide to show up Monday, they might want to wear sweaters.

Persons: Donald Trump's, —, Donald Trump, Melania Trump, Giorgio Viera, Mark Bederow, Bederow, Melania, I'm, Trump, Stormy Daniels, Daniels, Jill Huntley Taylor, Huntley Taylor, they're, he's, Julia Vitullo, Martin, Trump's, it's, Sam Bankman, Fried, Ghislaine Maxwell, Jeffrey Epstein, Jane Rosenberg Melania Trump, Jean Carroll, Carroll, Justin Danilewitz, Brendan McDermid, Arthur Aidala, Rudy Giuliani, Harvey Weinstein, It's, That's, Aidala, Danilewitz, Todd Blanche, Susan Necheles, Emil Bove, Gedalia Stern —, Steven Cheung, Jason Miller, Margo Martin, Natalie Harp, Clifford Robert, Donald Trump ., Ivanka Trump, Eric Trump, Donald Trump Jr, Donald Jr Organizations: Service, Secret Service, Getty, Trump, Prosecutors, Vera Institute of Justice, REUTERS, AP, Former Brooklyn, New, Trump Organization, Melania Trump, New York Times Locations: Manhattan, New York

☆ Hush money judge eviscerates Trump's 'untenable' motion to delay trial due to 'pretrial publicity'
▼ + stars: | 2024-04-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewDonald Trump's hush money trial remained on track for Monday jury selection after the judge on Friday night denied — in no uncertain terms — a defense bid to delay the trial indefinitely due to prejudicial pretrial publicity. "This is not tenable," the trial judge, New York Supreme Court Justice Juan Merchan , said in his decision, noting that much of the pretrial publicity has been caused by Trump himself. "Defendant appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside," the judge wrote in Friday's decision. The poll "provides no information about how it obtained the contact information of respondents or how it ensured its samples were actually random or representative," the judge wrote. Last week, Trump lost a Manhattan appellate court bid for an emergency delay of the trial on pretrial publicity grounds.

Persons: —, Donald, Juan Merchan, Trump, Joe Biden, Kamala Harris, Merchan, Defendant, Jean Carroll, Susan Necheles, Todd Blanche, Trump's, pollsters, Prosecutors, Attorney Alvin Bragg, Stormy Daniels, Daniels Organizations: Service, New, Business, Court, Federal, Defendant, Defense, Prosecutors, Manhattan, Attorney, Trump Organization Locations: Chicago, Manhattan

☆ Letitia James is not done with Donald Trump. Now she wants to know if he withheld evidence in her fraud case.
▼ + stars: | 2024-04-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Letitia James won a $454 million judgment against Trump, his penalty for a decade of fraud. She and Trump are now fighting over her claims that he withheld evidence from her fraud probe. "The Court is well within its authority to determine if Defendants and their counsel facilitated that perjury by withholding of incriminating documents," James argued in Tuesday night's letter. AdvertisementAt a hearing in April of 2022, he compared getting Trump's documents to "pulling teeth." Out of some 900,000 documents turned over, only ten were "custodial" Trump documents, meaning business files in the former president's direct custody.

Persons: Letitia James, Trump, James, —, Allen Weisselberg, Weisselberg, Arthur Engoron, Barbara Jones —, Bracewell, Barbara Jones, Drew Angerer, Kevin Wallace, Clifford Robert, Jones, they're, Wallace, Alina Habba, Marc Frazier Scholl, Scholl, Lewis Baach Kaufmann Middlemiss Organizations: Service, New, Trump, Trump Organization, Trump Org, Forbes, Engoron, Business, NY, General's, Manhattan, Attorney's Office Locations: New York, Manhattan, York

☆ Google says crypto fraudsters are making it look bad
▼ + stars: | 2024-04-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Google is suing two crypto scammers it says threatened the integrity of its platforms. Scammers tricked Google Play into hosting 87 fake crypto apps, conning over 100,000 users, Google says. The lawsuit alleges the fraudsters tricked Google into accepting their apps on its app store, Google Play, by misrepresenting their identity, location, and intent. Advertisement"By using Google Play to conduct their Fraud Scheme, Defendants have threatened the integrity of Google Play and the user experience," the lawsuit states. "Defendant's scheme has thus impaired Google users' confidence and trust in Google, its services, and its platforms."

Persons: Scammers, —, Halimah DeLaine Prado Organizations: Google, Service Locations: New York, Shenzhen, China, Hong Kong

☆ Trump loses hush-money 'presidential immunity' bid after claiming statements about Stormy Daniels were 'official acts'
▼ + stars: | 2024-04-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewA Manhattan judge on Wednesday rejected a "presidential immunity" bid by Donald Trump, saying the effort was too little and too late. Advertisement"He was also well aware that the defense of presidential immunity, even if unsuccessful, might be available to him," the judge wrote. A tweet Donald Trump had hoped to exclude from his hush money trial on grounds of "presidential immunity." Business InsiderTweets Donald Trump hoped to exclude from his hush money trial on grounds of "presidential immunity." The hush money trial remains on track for jury selection on April 15.

Persons: —, Donald Trump, Trump, Stormy Daniels, Juan Merchan, Merchan, Michael Cohen, Michael, Susan Necheles, Todd Blanche, Attorney Alvin Bragg, Daniels, Bragg Organizations: Service, Business, GOP, US, Air Force, Manhattan, Attorney Locations: Manhattan

☆ Trump loses late bid to delay New York hush money trial
▼ + stars: | 2024-04-03 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A judge on Wednesday rejected a last-ditch effort by former president Donald Trump to delay his hush money trial scheduled to begin in New York on April 15. Merchan, in shooting down that request, said Trump had "myriad opportunities" to make an argument that he was immune in the hush money case before March 7, when his attorneys first raised that claim. "Defendant's motion is DENIED as untimely," Merchan wrote in his decision issued in Manhattan Supreme Court, which is a trial-level court. Trump is charged in the case with falsifying business records related to a hush money payment to Daniels shortly before the 2016 presidential election. in his ruling, Merchan wrote that Trump's lawyers "fail to explain why Defendant waited long past" a statutory deadline of 45 days before trial to make a pre-trial motion seeking a delay.

Persons: Donald Trump, Jonathan Diller, Trump, Judge Juan Merchan, Joe Biden's, Merchan, Michael Cohen, Stormy Daniels, Cohen, Daniel, Daniels, Trump's Organizations: U.S, New York City Police Department, NYPD, Supreme, Manhattan, Attorney's Office, White Locations: New, Rockaway, Queens, Massapequa Park , New York, U.S, New York, Washington ,, Manhattan

☆ Trump clearly hates his new hush-money gag — but he's following it for now
▼ + stars: | 2024-04-02 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +3 min

Bright and early Tuesday, Donald Trump made clear he really hates his expanded hush-money gag order. The new gag bars Trump from continuing to attack the judge's political-consultant daughter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"This pattern of attacking family members of presiding jurists and attorneys assigned to his cases serves no legitimate purpose," the judge wrote in Monday night's order expanding Trump's gag. Trump and his lawyers have said they will appeal the gag order.

Persons: Bright, Donald Trump, Trump, —, Juan Merchan, Loren Merchan, Joe Biden, Kamala Harris, Loren Merchan —, she'd Organizations: Trump, Service, New, GOP, Court Locations: New York

☆ Manhattan DA and Trump's hush-money defense intensify war over his attacks on judge's daughter
▼ + stars: | 2024-04-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

The defense, meanwhile, accused the judge's daughter of having a financial stake in the case. AdvertisementDonald Trump's defense lawyers and his Manhattan hush-money prosecutors intensified their war over his gag order on Monday, with prosecutors calling the GOP frontrunner's ongoing attacks on the judge's daughter "reprehensible" and "dangerous." In seeking to expand the gag order, prosecutors are trying "to further restrict President Trump's constitutionally protected speech," the defense wrote. Merchan has yet to say if he will weigh revising or clarifying the gag order. The judge's daughter did not immediately return a request for comment.

Persons: Manhattan's DA, —, Donald Trump's, Trump, Attorney Alvin Bragg, Juan Merchan, Loren Merchan, Joe Biden, Kamala Harris, Matthew Colangelo, Susan Necheles, Todd Blanche, Trump's, Merchan Organizations: Service, GOP, Manhattan, Attorney, New, Trump, District, Authentic, Inc, Trump's Locations: Chicago

☆ Trump prosecutor asks court to tighten gag order, citing 'dangerous' social media posts
▼ + stars: | 2024-04-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Donald Trump's "extreme and deliberate provocations" in his hush money trial are aimed to undermine the case, the Manhattan district attorney said Monday as he urged a judge to strengthen a gag order on the former president. Alvin Bragg said in a blistering filing in New York Supreme Court. Bragg's request came after Trump, in numerous social media posts, targeted Judge Juan Merchan's adult daughter over her work for a Democratic political firm. Merchan last week imposed a gag order that bars Trump from speaking about likely witnesses and other figures, but does not explicitly prohibit criticism of the judge or his family. Bragg's office asked the judge on Thursday to "clarify or confirm" that the order protects the court's family.

Persons: Donald Trump, Donald Trump's, D.A, Alvin Bragg, Bragg's, Juan Merchan's, Trump, Stormy Daniels, Merchan, Bragg Organizations: New York Supreme, Trump, Democratic, Republican Locations: New York City, Manhattan, New York

watch nowFTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. FTX founder Sam Bankman-Fried leaves the U.S. courthouse in New York City on July 26, 2023. Instead, "He's an awkward math nerd" with a "tireless work ethic," said the lawyer, who also compared the FTX founder to "a beautiful puzzle." In this courtroom sketch, FTX founder Sam Bankman-Fried attends his sentencing hearing at federal court in New York City on March 28, 2024. Barbara Fried and Allan Joseph Bankman, parents of FTX co-founder Sam Bankman-Fried, arrive at court in New York on March 28, 2024.

Persons: Sam Bankman, Fried, Lewis Kaplan, Kaplan, FTX, District Judge Lewis Kaplan, Jane Rosenberg, Bankman, convicting, Prosecutors, Amr Alfiky, It's, Marc Mukasey, Torrey Young, Nicolas Roos, scoffed, Roos, Mukasey, Sam, Sunil Kavuri, Damian Williams, Samuel Bankman, " Williams, General Merrick Garland, Joseph Bankman, Barbara Fried, Allan Joseph Bankman, Yuki Iwamura, Caroline Ellison, Nishad Singh, Gary Wang Organizations: Alameda Research, ., U.S, District, Reuters, Republicans, Manhattan U.S, Stanford Law, Bloomberg, Getty, Bankman Locations: Manhattan, New York City, U.S, FTX, Kavuri, New York

☆ Judge thrashes Sam Bankman-Fried for claiming FTX customers didn't lose any money before handing down 25-year sentence
▼ + stars: | 2024-03-28 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Sam Bankman-Fried's lawyers claimed that FTX customers had "zero" losses when the exchange collapsed. Had Bankman-Fried held onto the company — and if Ray had listened to his advice rather than spurn him — FTX customers could have gotten their money back quickly, he claimed. In a recent proposal to be approved by the bankruptcy judge, credit would be determined by the value of each customer's assets at the time that FTX filed for bankruptcy. US District Judge Lewis Kaplan and Sam Bankman-Fried. AdvertisementKaplan said that, in any case, Bankman-Fried couldn't be credited for the bankruptcy debtors' work to get FTX customers their money back.

Persons: Sam Bankman, —, Lewis Kaplan, Bankman, Fried, Kaplan, John J, Ray III, Ray, FTX, Ray —, bitcoin, Jane Rosenberg Prosecutors, Nicolas Roos, Fried perjured Organizations: Service, Alameda Research, Alameda, —, Enron, Residential Capital, REUTERS, FTX Locations: Manhattan, FTX, Las Vegas, Delaware

☆ Sam Bankman-Fried FTX fraud victim tells judge: 'My whole life has been destroyed'
▼ + stars: | 2024-03-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

NEW YORK, US - JANUARY 03: Sam Bankman-Fried leaves the court in New York, on January 03, 2023. The victim, who wrote that 30 years worth of savings had been deposited into FTX three months before the exchange collapsed, is part of a last-minute push by prosecutors to sway Judge Kaplan ahead of the sentencing. For months, Judge Kaplan has been weighing the appropriate punishment for Bankman-Fried's crimes related to the implosion of his $32 billion crypto empire. Damaging testimonyBankman-Fried was convicted of wire fraud and conspiracy to commit wire fraud against FTX customers and against lenders to sister hedge fund Alameda Research, as well as conspiracy to commit securities fraud and conspiracy to commit commodities fraud against FTX investors, and conspiracy to commit money laundering. The defense team has argued that Bankman-Fried's sentence should reflect the potential that FTX customers will be paid back in part or in full.

Persons: Sam Bankman, Fried, Fatih Aktas, District Judge Lewis Kaplan, FTX, Kaplan, Yesha Yadav, Dean, Judge Kaplan, David Weinstein, Jones Walker, Weinstein, Mark Bini, Bini, Reed, Caroline Ellison, Yadav, Neama Rahmani, Tre Lovell, isn't, Lovell, he's, it's Organizations: Anadolu Agency, Getty, Department of Justice, U.S, District, Prosecutors, Vanderbilt University, CNBC, Alameda Research, Bloomberg, Southern, of, Los Locations: New York, Manhattan, of New York, SBF, Los Angeles

☆ Tennessee Republican sued over post falsely identifying Kansas man as Chiefs parade shooter and 'illegal Alien'
▼ + stars: | 2024-03-26 | by ( Zoë Richards | ) www.cnbc.com time to read: +3 min

A Kansas man is suing Rep. Tim Burchett, R-Tenn., over social media posts that falsely identified him as an undocumented immigrant and one of the shooters in the Kansas City Chiefs Super Bowl parade that turned deadly last month. "At no time was Plaintiff an 'alien,' an 'illegal alien,' nor a 'shooter' and the assertions to the contrary were false and were circulated widely among Defendant's followers," the lawsuit states. Burchett in February posted an image of Loudermill on X, identifying him as "one of the Kansas City Chiefs victory parade shooters" and "an illegal Alien." Federal courts require cases seeking damages between people in different states, such as this one, to exceed $75,000. Although he was released and not cited or charged with a crime, the lawsuit states, his image began circulating on social media, eventually landing on Burchett's page.

Persons: Tim Burchett, Denton Loudermill Jr, Loudermill, Burchett, Dominic M, Miller, Lyndell Mays, Raytown, Terry J, Young, Donald Trump, — Diana Paulsen Organizations: Kansas City Chiefs Super, Tennessee, Kansas City Chiefs, Chiefs, Kansas City, Congressional, Knox County Locations: Kansas, Kansas City , Kansas, Olathe , Kansas, Kansas City, United States, Knoxville

These tactics by defendant and defense counsel should be stopped," the DA's filing said, referring to Trump's attempts to further delay or derail the trial. In its filing Thursday, the DA's office called their arguments "a red herring." Federal prosecutors alleged Cohen paid the women off "in coordination with and at the direction of" Trump, who was not charged in the federal case. The former president has pleaded not guilty in the DA's case. A hearing on the matter is scheduled for Monday, when the judge could set a new trial date.

Persons: Attorney Alvin Bragg, Donald Trump, Alvin Bragg's, Robert Mueller's, Trump, Michael Cohen, Cohen, Judge Juan Merchan, it's, Stormy Daniels, didn't, Merchan Organizations: Manhattan, Attorney, Manhattan Federal, Trump, U.S Locations: Manhattan, New York, Russia

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