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“The Devil,” a U.S. fugitive who was featured on “America’s Most Wanted,” has been captured in Mexico, the United States Marshals Service said. Antonio Riano, 62, was arrested Thursday in his hometown of Zapotitlan Palmas, State of Oaxaca, Mexico, officials said, where he was found to be working an ironic job. “When Riano was arrested in Mexico he was found to be working as a local police officer,” the agency said in a press release on Thursday. Afterwards, he fled the United States allegedly to avoid prosecution. After being captured, Riano was flown from Mexico City to Cincinnati, then transported to the Butler County Jail.
Persons: , Antonio Riano, Riano, Benjamin Becarra, WLWT, ” Michael T, Gmoser Organizations: United States Marshals Service, Roundhouse, Hamilton , Ohio . Police, U.S, Marshals, U.S . Department of Justice’s, International Affairs, Prosecutor’s, United States Marshal Service, United States Department of Justice Locations: U.S, Mexico, Zapotitlan Palmas, State, Oaxaca, Butler, Hamilton , Ohio, United States, Mexico City, Cincinnati, Butler County
This exclusive series on the Supreme Court is based on CNN sources inside and outside the court with knowledge of the deliberations. Justices weren’t in a hurry to hear the caseThe immunity case first arrived at the justices’ door in December. Perhaps, she hoped to influence lower court judges to read the Roberts opinion as more flexible for a future prosecution. It was a particularly extreme section of Roberts’ opinion – decided by the kind of 5-4 vote the chief justice usually tried to avoid. He fully joined Roberts’ opinion but then questioned the constitutionality of the special counsel’s office.
Persons: John Roberts ’, Donald Trump, Roberts, justice’s, admonishing Trump, Bush, Clinton, , Trump, ” Roberts, Jack Smith, Fischer, Samuel Alito, Roberts tersely, Clarence Thomas, weren’t, Smith, Adam Feldman, Jake Truscott, EmpiricalSCOTUS, Roberts ’, Ronald Reagan, George H.W, Brett Kavanaugh, George W, Reagan, SCOTUS, Roe, Wade, Dobbs, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barrett, Trump’s, , Thomas, Thomas ’, Aileen Cannon, Trump . Thomas Organizations: CNN, Republican, Trump, Manhattan, Capitol, U.S . Capitol Police, New England Law Boston, Jackson, Health Organization, Liberal, Trump . Locations: Trump, Washington, rejoinder, United States, Galway, Ireland, Iran, Colorado
Since Harris kicked off her presidential campaign, there’s been a string of good news for the US economy. Harris will have Biden’s mostly strong economy to run on. By June 2021, Biden’s sixth month in office, the nation’s inflation rate jumped to more than 5%. After the Federal Reserve hiked interest rate hikes to a 23-year high to stamp out inflation, the economy — eventually — started to run at a slower pace. The Biden administration canceled $168 billion in student loan debt for 4.8 million Americans.
Persons: Joe Biden, Biden, Kamala Harris, Harris, there’s, Biden’s, , hasn’t, Evan Vucci, Eros Hoagland, Getty, Lina Khan, Jonathan Kanter, Stocks Organizations: CNN, White House, House, Federal, Trump, Biden, Federal Reserve, Gross, Commerce Department, of Labor Statistics, Infrastructure Investment, Jobs, AFL, National Labor Relations Board, United Auto Workers, Union, AP Relief, American, ARPA, Medicare, University of North, Hill, Apple, Google, Federal Trade Commission, Department, FTC, Activision, Big Tech, Justice Department, Fed Locations: Ukraine, Van Buren Township , Michigan, University of North Carolina, America, Valley, Silicon Valley
Welcome to Opinion’s commentary for Night 2 of the Republican National Convention. In this special feature, Times Opinion writers rate the evening on a scale of 0 to 10: 0 means the night was a disaster for Donald Trump; 10 means it could lead to a big polling bump. Here’s what our columnists and contributors thought of the event, which included speeches from Nikki Haley, Vivek Ramaswamy and Elise Stefanik. Best MomentKristen Soltis Anderson, contributing Opinion writer I’d be remiss not to mention Gov. But she rewrote it, and what she delivered made a positive, personal case for Donald Trump.
Persons: Donald Trump, Nikki Haley, Vivek Ramaswamy, Elise Stefanik, Kristen Soltis Anderson, I’d, Jim Justice’s, Lara Trump’s, Trump Organizations: Republican National Convention, Gov
The pardon won’t automatically change the record of convicted veterans, but it will allow them to apply for a certificate that will help them receive withheld benefits. “Our nation’s service members stand on the frontlines of freedom, and risk their lives in order to defend our country. Despite their courage and great sacrifice, thousands of LGBTQI+ service members were forced out of the military because of their sexual orientation or gender identity,” Biden said. A service member’s discharge status can determine what Veterans Affairs benefits they are eligible for. To get their records changed under the pardon, veterans will need to complete an online application, which will go to their military service department.
Persons: Mona McGuire, Karla Lehmann, , ” McGuire, McGuire, , Lehmann, Joe Biden, Biden, ‘ What’s, ’ ” Lehmann, Biden’s, ” Biden, Christie Bhageloe, Bhageloe, Don’t, Ruth Castro, ’ McGuire, “ I’m, I’m, , , I’ve, ” “, America’s Organizations: CNN, US Army, Army, Milwaukee Police Department, Michigan State Police, Armed Forces, Military, Department of Justice, Veterans, Department of Defense, Defense Department, Affairs, Pentagon, Department, 164th Military Police Company, Army Board for, Military Records, Department of Locations: West Germany, Milwaukee, Mineola , Texas, Wisconsin
CNN —President Joe Biden is expected to pardon US veterans who were convicted by the military over a 60-year period under a military law that banned gay sex, three US officials told CNN. The granting of pardons won’t automatically change convicted veterans’ records but allows those impacted to apply for a certificate of pardon that will help them receive withheld benefits. A service member’s discharge status can determine what kind of Veterans Affairs benefits they are eligible for. “For decades, our LGBTQ+ service members were forced to hide or were prevented from serving altogether,” Defense Secretary Lloyd Austin said at the time. If a certificate of pardon is issued, the service member will then have to apply to their respective military department’s board of corrections to have their military records corrected.
Persons: Joe Biden, won’t, Don’t, , Lloyd Austin Organizations: CNN, Military, Veterans Affairs, Pentagon, , Department
Justice Clarence Thomas never disclosed three trips aboard the private jet of the Texas billionaire Harlan Crow, according to documents obtained by the Senate Judiciary Committee. The documents, obtained by Democrats on the panel, list three visits that have not been previously been reported: one to a city in Montana, near Glacier National Park, in 2017; another to his hometown, Savannah, Ga., in March 2019; and another to Northern California in 2021. The purpose of each trip was not immediately clear, nor was the reason for their omission on the justice’s disclosure forms. However, all of the flights involve short stays: two were round trips that did not include an overnight stay. The revelation underlined the extent to which Justice Thomas has relied on the generosity of his friends over the years and the consistency with which he declined to report those ties.
Persons: Clarence Thomas, Harlan Crow, Thomas Organizations: Senate Locations: Texas, Montana, Savannah, Ga, Northern California
CNN —A left-wing activist on Monday released secret recordings of Supreme Court Justice Samuel Alito and his wife, as well as Chief Justice John Roberts, discussing a range of politically sensitive topics. Video Ad Feedback Filmmaker reveals why she secretly recorded Supreme Court Justice Alito and his wife 03:12 - Source: CNNAlito did not respond to questions from CNN about his comments or those of his wife, Martha-Ann. “So they’ll go to hell,” Martha-Ann Alito says in the recording. You come after me, I’m going to give it back to you,” Martha-Ann Alito said. But there will be a way – they will know.”James Duff, the executive director of the Supreme Court Historical Society, slammed the recordings in a statement on Monday.
Persons: Samuel Alito, John Roberts, Alito, ” Alito, , , Lauren Windsor, Stone, Windsor, ” Roberts, Justice Alito, CNN Alito, Martha, Ann, Roberts, Ann Alito, Martha Alito, don’t, , Ann Alito’s, ” “, ” Martha, ” James Duff, ” Duff Organizations: CNN, Monday, Supreme, Society, Windsor, Washington Post, Historical Society Locations: Godliness, Windsor, Washington, Virginia, New Jersey, Martha
Justice Samuel A. Alito Jr.’s wife, Martha-Ann, recently told a woman posing as a conservative supporter that she wanted to fly a Catholic flag at the couple’s Virginia home in response to a Pride flag in her neighborhood. “You know what I want?” the justice’s wife said to the woman, Lauren Windsor, who secretly recorded the conversation during a black-tie event last week at the Supreme Court. “I want a Sacred Heart of Jesus flag because I have to look across the lagoon at the Pride flag for the next month.”But Ms. Alito said that after she suggested the Sacred Heart of Jesus flag as a retort to the symbol for L.G.B.T.Q. rights, her husband said, “Oh, please, don’t put up a flag.”She said that she had agreed, for now, but that she had told him that “when you are free of this nonsense,” “I’m putting it up and I’m going to send them a message every day, maybe every week. I’ll be changing the flags.”
Persons: Samuel A, Alito Jr, , Martha, Ann, Lauren Windsor, , Alito, don’t Organizations: Supreme Locations: Virginia
At about 10:30 a.m. on Wednesday, a federal prosecutor, Derek Hines, brandished the headliner in question — Mr. Biden’s notorious laptop, a silver Apple MacBook Pro encased in a plastic cover. He waggled it about with his left hand while reminding a government witness, Erika Jensen, an F.B.I. special agent, of all the data that had been seized during the Department of Justice’s investigation of Mr. Biden. The jurors and courtroom spectators gazed at government Exhibit 16 as if expecting sparks to fly from it. Three seconds later, Mr. Hines returned the laptop to the prosecutors’ table, soon to be buried under a heap of other government evidence.
Persons: Hunter, Derek Hines, Erika Jensen, Mr, Biden, Hines Organizations: of
Cannon is planning on holding a sprawling hearing on Trump’s request to declare Jack Smith’s appointment as special counsel invalid, signaling she could be more willing than any other trial judge to veto the special prosecutor’s authority. Wednesday, Cannon went further, adding a hearing on a gag order request from prosecutors to limit Trump’s rhetoric about law enforcement and allotting more time to hear arguments on the special counsel issue. Cannon’s signal of willingness to entertain challenges to the special counsel comes in the same week Republicans are bearing down on Attorney General Merrick Garland for his use of special counsels. A third group says the Department of Justice’s use of a special counsel should be upheld. Cannon still agreed to the hearing Trump wanted.
Persons: Aileen Cannon, Donald Trump’s, Cannon, Jack Smith’s, It’s, , Trump, Evan Corcoran, Hunter, didn’t, Paul Manafort’s, Robert Mueller’s, Andrew Miller, Roger Stone, General Merrick Garland, David Weiss, Hunter Biden, – Cannon, ” Bradley Moss, Edwin Meese, Michael Mukasey, Meese, Mukasey, Organizations: CNN, FBI, Trump, Southern District of, Justice Department, Republican Locations: Los Angeles and Delaware, Southern District, Southern District of Florida, Delaware, Washington ,
CNN —Chief Justice John Roberts on Thursday rejected a meeting request from Democratic lawmakers who wanted to discuss two provocative flags hoisted at Justice Samuel Alito’s properties. “Separation of powers concerns and the importance of preserving judicial independence counsel against such appearances,” Roberts wrote in a letter released by the Supreme Court. “My wife is fond of flying flags,” Alito wrote. The Supreme Court is considering two appeals tied to the 2020 election and the attack on the US Capitol. Whitehouse posted on social media that “the work must continue” until the Supreme Court applies “honest fact-finding and neutral decision-making” to itself.
Persons: John Roberts, Samuel Alito’s, ” Roberts, Alito, Martha, Ann Alito, , ” Alito, Donald Trump, Illinois Sen, Dick Durbin, Sen, Sheldon Whitehouse, Alito’s recusal, Roberts “, Roberts, , Jack Smith’s, Whitehouse, ” Whitehouse, they’ve Organizations: CNN, Democratic, Supreme, Capitol, Committee, Rhode, Rhode Island Democrat Locations: New Jersey, Illinois, Rhode Island
Chief Justice John G. Roberts Jr. on Thursday declined requests to have Justice Samuel A. Alito Jr. recuse himself from cases related to the Jan. 6 Capitol attack after provocative flags flew on the justice’s properties. The justices make those calls on their own, Chief Justice Roberts wrote in a letter to Democratic senators. “Members of the Supreme Court recently reaffirmed the practice we have followed for 235 years pursuant to which individual justices decide recusal issues,” he wrote.
Persons: John G, Roberts, Samuel A, Alito Jr, Justice Roberts, Organizations: Democratic, Supreme
Mr. Bragg has accused Mr. Trump of concealing a federal campaign finance violation and a state election-law crime. The defense argued that Mr. Trump was a victim of extortion, led by Mr. Cohen. The defense’s main witness was a lawyer linked to Mr. Trump’s circle, Robert J. Costello, who in 2018 had acted as Mr. Cohen’s back channel to Mr. Trump’s legal team. The maximum sentenceThe charges against Mr. Trump are all Class E felonies, the lowest category of felonies in New York. But nothing in the law requires Justice Merchan to imprison Mr. Trump if he’s convicted by a jury.
Persons: Donald J, Trump, Stormy Daniels, Trump’s, Michael D, Cohen, Daniels, Alvin L, Bragg, Juan M, Karen McDougal, Playboy’s, , McDougal, Cohen’s, Hope Hicks, Mr, Robert J . Costello, Merchan, Justice Merchan Organizations: Prosecutors, The National Enquirer, Trump Tower, White, Trump, Defense, Mr Locations: New York City, Manhattan, Nevada, New York
“The two incidents you cite do not meet the conditions for recusal,” Alito wrote in a letter distributed by the Supreme Court. Supreme Court justices rarely get into a back-and-forth with lawmakers and many members of the court do not explain their reasons for recusing – or not. Video Ad Feedback See how GOP lawmakers reacted to Judge Alito's flag controversy 01:24 - Source: CNNThe Supreme Court is weighing major cases tied to the 2020 election and the attack on the US Capitol. From Google“I had no involvement in the decision to fly that flag,” Alito wrote. Justice Alito also told Fox News the neighbor used the term “c*nt” at one point during the exchanges.
Persons: Samuel Alito, ” Alito, Alito, recusing, Alito's, Donald Trump’s, Jack Smith’s, , , Martha, Ann Alito, Samuel Alito's, Illinois Sen, Dick Durbin, ” Durbin, , ” Sen, Sheldon Whitehouse, Clarence Thomas ’, , Sen, Richard Blumenthal, CNN’s Kaitlan Collins, John Roberts, Thomas, Hank Johnson, Alito’s, ” Johnson, Trump, Justice Alito, “ Alito, SCOTUS, Roe, Wade, CNN’s Piper Hudspeth Blackburn, Kate Sullivan, Jack Forrest, Morgan Rimmer, Tierney Sneed, Holmes Lybrand Organizations: CNN, Supreme, Trump, US Supreme, Google, , recusal, Democratic, Illinois Democrat, Rhode Island Democrat, Connecticut Democrat, Georgia Democrat, United States Supreme, New York Times, Fox News, Times, Republicans Locations: Alexandria, Virginia, New Jersey, Long Beach, Illinois, Connecticut, Georgia, House
Mr. Bragg has accused Mr. Trump of concealing a federal campaign finance violation and a state election-law crime. The defense argued that Mr. Trump was a victim of extortion, led by Mr. Cohen. The defense’s main witness was a lawyer linked to Mr. Trump’s circle, Robert J. Costello, who in 2018 had acted as Mr. Cohen’s back channel to Mr. Trump’s legal team. The maximum sentenceThe charges against Mr. Trump are all Class E felonies, the lowest category of felonies in New York. But nothing in the law requires Justice Merchan to imprison Mr. Trump if he’s convicted by a jury.
Persons: Donald J, Trump, Stormy Daniels, Trump’s, Michael D, Cohen, Daniels, Alvin L, Bragg, Juan M, Karen McDougal, Playboy’s, , McDougal, Cohen’s, Hope Hicks, Mr, Robert J . Costello, Merchan, Justice Merchan Organizations: Prosecutors, The National Enquirer, Trump Tower, White, Trump, Defense, Mr Locations: New York City, Manhattan, Nevada, New York
I won’t even opine whether my flying the flag upside-down flag at my house would have constituted a violation of the Code of Ethics that binds me and all federal judges — except the justices. The fact is that, regardless of its legality, displaying the flag in that way, at that time, shouldn’t have happened. To put it bluntly, any judge with reasonable ethical instincts would have realized immediately that flying the flag then and in that way was improper. The same goes with the flying of an “Appeal to Heaven” flag at Justice Alito’s vacation house along the New Jersey shore. Like the upside-down flag, this flag is viewed by a great many people as a banner of allegiance on partisan issues that are, or could be, before the court.
Persons: Samuel Alito, St, Organizations: Justice Locations: New Jersey
A growing number of Democratic lawmakers called for Justice Samuel A. Alito Jr. to recuse himself from cases related to Jan. 6, 2021, and demanded new ethics rules for the Supreme Court after revelations that flags carried by rioters at the Capitol were flown outside his homes. With the Supreme Court just weeks away from issuing decisions on two major cases concerning former President Donald J. Trump’s efforts to overturn the 2020 election and the events of Jan. 6, lawmakers said the symbolism of the flags called into question Justice Alito’s neutrality. In an interview on Thursday, Representative Steve Cohen, a Democrat from Tennessee who has introduced a resolution to censure Justice Alito, said Congress needed to take the firm position that the justice’s actions were a violation of judicial propriety. “He’s not going to resign, he’s not going to recuse himself, and I don’t think Justice Roberts is going to be able to influence him in that regard,” he said, referring to Chief Justice John G. Roberts Jr. “So the best we can do is to kind of put a scarlet letter on him.”
Persons: Samuel A, Alito Jr, Donald J, Steve Cohen, Justice Alito, “ He’s, he’s, Roberts, , John G Organizations: Democratic, Capitol Locations: Tennessee
It is a tale as old as Adam and Eve: A husband, faced with accusations of misconduct, blames the wife. It is also a time-honored, bipartisan political strategy. This week, Justice Samuel A. Alito Jr. and Senator Bob Menendez of New Jersey pointed ringed fingers at their wives for episodes that have landed each man in political or legal trouble. The justice’s wife, Martha-Ann Alito, was in a feud with neighbors at the time over an anti-Trump sign, The Times reported. In the case of Mr. Menendez, a Democrat, it was his lawyer who did the finger pointing.
Persons: Adam, Samuel A, Alito Jr, Bob Menendez, Alito, , Donald J, Trump’s, Biden’s, Martha, Ann Alito, Menendez, Avi Weitzman Organizations: Bob Menendez of New, New York Times, Times, Democrat Locations: Bob Menendez of, Bob Menendez of New Jersey, Manhattan
Alito said that a neighbor had posted a sign saying “F**k Trump” near a school bus stop and then a sign attacking his wife, Martha-Ann Alito. The upside-down flag was a symbol for former President Donald Trump’s supporters who falsely claimed widespread fraud in the presidential election. A spokeswoman for the Supreme Court has not respond to CNN’s requests for comment. “Flying an upside-down American flag — a symbol of the so-called ‘Stop the Steal’ movement — clearly creates the appearance of bias,” Durbin said in a statement. Renewed calls for ethics reformThe Supreme Court is weighing major cases this term tied to the 2020 election and the attack on the Capitol.
Persons: Samuel Alito, Alito, Martha, Ann Alito, Fox, Donald Trump’s, Tim Walz, “ I’m, Joe Biden’s, , , “ It’s, Trump, Hank Johnson, Clarence Thomas, ” MAGA, Thomas, ” Johnson, ” Sen, Dick Durbin, ” Durbin, Sen, Tom Cotton, Carolina Sen, Lindsey Graham, Jack Smith’s, John Roberts, Sheldon Whitehouse, ” Whitehouse, Roe, Wade, Renee Knake Jefferson, ” Jefferson Organizations: CNN, Fox News, Trump, Democratic, Capitol, Minnesota Gov, New York Times, Times, Gadsden, Georgia Democrat, Committee, Illinois Democrat, Republicans, Arkansas Republican, Republican, Congress, Supreme, Rhode, Rhode Island Democrat, , University of Houston Law Center Locations: Minnesota, Alexandria , Virginia, Washington, DC, Georgia, House, Arkansas, , Carolina, Rhode Island
CNN —An upside-down American flag – a symbol used by some supporters of former President Donald Trump who challenged the legitimacy of Joe Biden’s 2020 victory – hung outside the home of Supreme Court Justice Samuel Alito after the election, The New York Times reported Thursday. A spokeswoman for the Supreme Court did not immediately respond to a request for comment from CNN, which has not independently verified the flag’s use. “I had no involvement whatsoever in the flying of the flag,” Alito said in an emailed statement to the Times. The Times said it was not clear how long the flag flew outside of Alito’s home. Last fall, in response to a series of revelations about travel accepted by Thomas and Alito, the Supreme Court adopted a code of conduct for the first time.
Persons: Donald Trump, Joe Biden’s, , Samuel Alito, Alito, Trump, , ” Alito, Trump’s, Clarence Thomas, recusal, Virginia “ Ginni ” Thomas, Thomas, , James Organizations: CNN, Supreme, The New York Times, Times, Capitol, The Times, White, Hofstra Law Locations: Alexandria , Virginia, Alabama
Opinion | The Magic Constitutionalism of Donald Trump
  + stars: | 2024-05-02 | by ( David French | ) www.nytimes.com   time to read: +2 min
Nor is that an example of “living constitutionalism,” which holds that the Constitution’s meaning can evolve over time, a concept that conservatives deplore. He also promised to pursue “the entire Biden crime family.”We should take Trump’s threats seriously, but neither those threats nor the threats of other politicians to prosecute Biden change the text or structure of the Constitution. Otherwise, presidents should remain subject to the rule of law, and not simply when they’re engaged in private conduct. Ordinarily, I would have considerable confidence that the Supreme Court — dominated as it is by originalists — would rather quickly and decisively reject Trump’s argument. And I’m less alarmed than some other analysts by the content of the justice’s questions at oral argument.
Persons: Trump, That’s, , Joe Biden, , isn’t, Biden, they’re, , originalists —, MAGA, Anderson Organizations: Justice, Trump Locations: USA, Colorado, United States
The sun was setting on the opening night of the Coachella Valley Music and Arts Festival last weekend and the mood backstage in Justice’s artist compound was simmering anxiety, masked by glasses of wine and discrete vaping. In a few hours, the Paris-based electronic music duo would debut an all-new stage show and give fans an early taste of “Hyperdrama,” its new studio album, out April 26. In the eight years since Justice’s “Woman” LP arrived, dance music subgenres have risen and fallen in favor, yet the pair has remained indifferent, focused strictly on its own trajectory. “Hyperdrama,” a 13-track album with guest appearances by Miguel, Thundercat and Tame Impala, riffs on its longtime aesthetic — melodic hooks, funky bass lines, the occasional blown-out fuzzy beat — and stretches out in fresh ways. Justice prides itself on its precision, and knew there were hundreds of things that could go wrong.
Persons: Justice’s, Miguel, Justice’s Gaspard Augé, Xavier de Rosnay, Vincent Lérisson, Pedro Winter Organizations: Coachella Valley Music, Arts Festival, Justice, Coachella Locations: Paris, , Thundercat, France
Nigel was gay, Shelby said, but she never knew the impact that had on his life at school. ‘Solutions in search of a problem’HB130 – dubbed a “Don’t Say Gay” bill by critics – is one of the bills currently working through the state legislature. For Neil Rafferty, a husband, combat veteran and the only Alabama state lawmaker who identifies as gay, the changes could once again trigger unintended consequences for the state. After his death, Shelby started The Nigel Shelby Foundation to help youth who may not have a support system, provide scholarships for students and help families with LGBTQ children. Camika and Nigel Shelby Courtesy Shelby familyIn a letter to his mother before his death, Nigel asked her to forgive him and keep living, Shelby said.
Persons: Huntsville , Alabama CNN — Camika Shelby, , ” Shelby, Nigel, Shelby, , Nigel Shelby, , HB130, Neil Rafferty, ” Rafferty, Amelia Earhart, Rafferty, Neil Rafferty Devon Sayers, Mack Butler, ” Butler, AL.com, Butler, It’s, ” Adele Kimmel, Kimmel, ” Kimmel, Camika, ‘ Mama, there’s Organizations: International Association for Suicide Prevention, Befrienders, Huntsville , Alabama CNN, CNN, Huntsville City, of Education, Democrat, Republican, HB130, Public Religion Research, Public, Civil Rights, Human Rights, Nigel, Nigel Shelby Foundation Locations: Huntsville , Alabama, Huntsville, Alabama, Shelby, Florida
New York CNN —A federal judge on Thursday ordered Sam Bankman-Fried to repay more than $11 billion as part of his sentence for defrauding customers and investors in his failed crypto exchange FTX. In their sentencing memorandum earlier this month, federal prosecutors laid out their reasoning for seeking $11 billion in forfeiture. Unlike restitution, where the money from seized assets goes directly to victims, the money from forfeiture is taken by the government and absorbed into the US Treasury. It is unclear how much Bankman-Fried is currently worth, but it’s likely not anywhere near $11 billion. So far, the Department of Justice has redistributed about $4 billion to Madoff’s victims.
Persons: Sam Bankman, Fried, SBF, ” Mitchell Epner, , , District Judge Lewis Kaplan, Anthony Capozzolo, Elizabeth Holmes, Holmes, Ramesh “ Sunny ” Balwani, Bernard Madoff, Peter Katz, Katz, they’ll, ” Katz Organizations: New, New York CNN, CNN, Treasury, District, , of, Department of Justice’s, Department of Justice, Department Locations: New York, Eastern, of New York
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