DIRS.INFO The most relevant business & tech news

COLUMBIA, S.C. --- Susan Smith, the young mom who shocked the nation 30 years ago when she rolled her car into a lake with her two sons inside and watched them drown, was denied parole Wednesday. Susan Smith is led from the Union County Courthouse after the first day of testimony in the penalty phase of her trial. Brooks Kraft LLC / Sygma via Getty Images fileFrom behind bars, Smith continued to claim she was a good mother. He then read a passage that Smith wrote explaining why she allowed her sons to die. “I knew Jesus would take better care of them than I could,” Smith wrote, according to Thomas.

Persons: Susan Smith, Smith, recusing, Michael, Alex, Smith's, David Smith, It's, it’s, Brooks Kraft, “, ” Smith, Tommy A, Thomas, Jesus, ” Tommy Pope, “ Susan, Susan, ”, Juliette Arcodia, Corky Siemaszko Organizations: COLUMBIA, S.C, TV, Courthouse, Reuters, Brooks, Brooks Kraft LLC, Getty, State, Women’s Correctional, South Carolina Department of Corrections, Republican, Pro Tem, South Carolina House Locations: Union , South Carolina, Union, South Carolina, Columbia, New York

Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.

Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, ”, Rubio, “, I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia

☆ Trump appointed judge Aileen Cannon refuses to recuse from attempted assassination case
▼ + stars: | 2024-10-29 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

"Defendant cites a series of factors which he believes, when viewed in their totality, create an appearance of partiality," Cannon wrote. "Accordingly, the Constitution and the federal recusal statute require Your Honor to recuse herself from this case." She also wrote that Routh's case, like two other ones involving Trump that she presided over, "were randomly assigned to me through the Clerk's random assignment system. "I will not be guided by highly inaccurate, uninformed, or speculative opinions to the contrary," Cannon wrote. Cannon brushed aside the speculation that Trump would elevate her to a higher judicial seat or to the U.S. Attorney General's Office.

Persons: Donald Trump, Trump, Aileen Cannon, Ryan Routh, recusing, Cannon, Routh, Kamala Harris, Attorney General's Organizations: Trump, Federal, Office, ABC, U.S, Secret Service, Attorney Locations: Florida, U.S, West Palm

☆ CNN requested an interview with Melania Trump. Her book publisher asked for $250,000 in exchange
▼ + stars: | 2024-10-03 | by ( Hadas Gold | Pamela Brown | ) edition.cnn.com time to read: +8 min

CNN —Nearly two months ago, CNN reached out to Melania Trump’s book publisher to request an interview with the former first lady ahead of her upcoming memoir. After several exchanges about a possible interview, the publisher sent an unusual demand last week: an interview would cost $250,000. Melania Trump’s spokesperson declined comment. Spokespeople for ABC, NBC and CBS declined to comment on whether they received a similar request for payment from Trump’s publisher. But in this case, the Trump campaign hasn’t been involved in Melania Trump’s book rollout.

Persons: Melania, ”, ” Tony Lyons, “, ” Lyons, Melania Trump’s, Donald Trump’s, Melania Trump, Trump, Lyons, Simon, Simon & Schuster, Marc Beckman, CNN –, “ It’s, Kate Anderson Brower, Grace, ” Anita McBride, George W, Bush, ” McBride, I’ve, Ainsley Earhardt, Fox’s Sean Hannity, Trump’s, it’s, Kelly McBride, Craig Newmark, Anita McBride, Casey Anthony, George Stephanopoulos, recusing, ABC’s, McBride, hasn’t, Donald Trump, CNN’s Brian Stelter Organizations: CNN, Skyhorse Publishing, ” CNN, ” Records, NDA, Simon &, American University, Fox News, ABC, NBC, CBS, Guardian, Ethics, The Poynter Institute, ABC News, Wednesday, Washington, Clinton Foundation, Poynter Institute, Trump

CNN —Investigators are trying to determine what motivated a Kentucky sheriff to allegedly shoot and kill a district judge after the two had an argument inside the judge’s chambers, according to Kentucky State Police. Letcher County, Kentucky District Judge Kevin R. Mullins Letcher County governmentLetcher County Sheriff Shawn M. Stines, 43, shot Mullins after an argument inside the judge’s chambers, a preliminary investigation revealed. It is unclear who will take over as the county sheriff following the arrest of Stines, who had been sheriff for about eight years. An ambulance near the scene after a district court judge in Kentucky was fatally shot in his chambers , on Thursday, September 19. The Kentucky Court of Justice is aware of the “tragic” incident in Letcher County, the court said in a statement on Facebook.

Persons: Kevin Mullins, Matt Gayheart, Kevin R, Mullins, Shawn M, Stines, Gayheart, ” Gayheart, “ We’re, Russell Countydeputy, Andy Beshear, Stines Mullins, Steve Beshear, ” Stines, “, General Russell Coleman, Jackie Steele, ” Coleman, Clayton Stamper, Laurance, VanMeter, ”, Mullins ’, ” VanMeter, Matt Butler, recusing, Butler, Judge Mullins, ” Butler, Ivy, Allison Ball, ” Ball Organizations: CNN —, Kentucky State Police, District, CNN, Kentucky’s, Gov, Associated Press, WKYT, AP, Kentucky, Judicial, KSP, Facebook, Southeast Kentucky Community, Technical College, Associated Press . Locations: Kentucky, Letcher, Whitesburg , Kentucky, Letcher County , Kentucky, Mullins Letcher, Letcher County, Laurel County, Jackhorn, Eastern, Central Kentucky, SOAR, Associated Press . Kentucky

☆ A judge who overturned a $72 million verdict against Boeing disclosed he bought and sold Boeing stock while hearing the case — but says his wife's IRA was to blame
▼ + stars: | 2024-08-21 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

Judge James Robart told Business Insider a bank that managed his wife's individual retirement account purchased Boeing stock in April 2023. He said as soon as he learned about it, he had the stocks sold; his financial disclosures said the shares were sold on two dates in May and June. Based on the prices that Boeing shares traded at on the days her IRA bought and sold the shares, at least one of the two sales was a money-loser, while the second could have been profitable. He and his family disposed of their Boeing shares more than a year before that decision. The amount of Boeing stock traded isn't much compared with Robart's total wealth.

Persons: —, Judge James Robart, Robart, it's, Clarence Thomas, Sonia Sotomayor's, Zunum, Bill Hodes, Gabe Roth, Roth, Charles Schwab, hasn't Organizations: Service, Boeing, Business, BI, Supreme, Street Journal Locations: Seattle

☆ Alito tells lawmakers he will not recuse from Supreme Court cases despite flag controversy
▼ + stars: | 2024-05-29 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

“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

☆ Adam Kinzinger says Trump will 'interview 100 candidates' for attorney general and pick a person who'll disregard the Constitution should the ex-president win in 2024
▼ + stars: | 2023-11-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Adam Kinzinger says Trump will tap a sycophant as attorney general if he wins a second term. AdvertisementAdvertisementFormer Rep. Adam Kinzinger last week said that former President Donald Trump will "interview 100 candidates" for attorney general and nominate the most subservient candidate to take on the role in a potential second term. AdvertisementAdvertisementFormer Rep. Adam Kinzinger of Illinois. "If he does get through and he wins this time, he's going to interview 100 candidates for attorney general and only take the one that says, 'Mr. Barr succeeded Sessions as attorney general in February 2019 before leaving the post in December 2020.

Persons: Adam Kinzinger, Trump, Kinzinger, I've, —, Donald Trump, Joe Biden's, Mike Pence, Adam Kinzinger of, Tom Williams, Mr, needling, Jeff Sessions, recusing, William Barr, Barr, Sessions Organizations: DOJ, Service, Republican, Inc, Getty, Department of Justice, Trump Locations: Arizona , Georgia, Pennsylvania, Adam Kinzinger of Illinois, Russia, Alabama

☆ Read the New Menendez Indictment
▼ + stars: | 2023-10-12 | by ( ) www.nytimes.com time to read: +2 min

After the meeting, the Candidate informed MENENDEZ that he might have to recuse himself from the DAIBES prosecution as a result of a matter he had handled in private practice involving DAIBES. MENENDEZ subsequently informed the Candidate that MENENDEZ would not put forward the Candidate's name to the White House for a recommendation to be nominated by the President for the position of U.S. Attorney. MENENDEZ also told the Candidate that MENENDEZ would be recommending a different individual for the position. Instead of the Candidate, ROBERT MENENDEZ, the defendant, recommended a different individual for U.S. Attorney. Subsequently, the Advisor informed MENENDEZ that the Advisor believed that the Candidate would likely not have to recuse from the prosecution of 32

Persons: ROBERT MENENDEZ, MENENDEZ, FRED DAIBES, DAIBES Organizations: Attorney, District of, U.S, Attorney's, District, White Locations: U.S, District of New Jersey, New Jersey

☆ Clarence Thomas' recusal on 'frivolous' January 6 appeal is a 'low-stakes' opportunity for him to fight ethics allegations, Supreme Court expert says
▼ + stars: | 2023-10-03 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Clarence Thomas recused himself for the first time from a January 6-related matter this week. A Supreme Court expert said media scrutiny into Thomas' ethics may have convinced him to recuse. AdvertisementAdvertisementAfter months of media scrutiny, Supreme Court Justice Clarence Thomas recused himself for the first time from a matter regarding the January 6, 2021 Capitol attack. But the Eastman appeal from which Thomas recused himself was effectively settled before the court declined to review the appeal. Regardless of his reasons, Thomas ultimately did the right thing in recusing himself from the Eastman appeal, Lemieux said.

Persons: Clarence Thomas, Thomas, —, Trump, John Eastman's, Eastman, Ginny, Trump's, Harlan Crow, Scott Lemieux, didn't, John Eastman, Rudy Giuliani, Jim Bourg, Lemieux, recusal, recusing Organizations: Service, Supreme, White, Trump, Bloomberg, University of Washington, Eastman Locations: Georgia, Virginia

☆ Read the Robert Menendez Indictment
▼ + stars: | 2023-09-22 | by ( ) www.nytimes.com time to read: +2 min

the purpose of his meeting with MENENDEZ was to consider a potential candidacy for U.S. Attorney in New Jersey. After the meeting, the Candidate informed MENENDEZ that he might have to recuse himself from the DAIBES prosecution as a result of a matter he had handled in private practice involving DAIBES. MENENDEZ also told the Candidate that MENENDEZ would be recommending a different individual for the position. Instead of the Candidate, ROBERT MENENDEZ, the defendant, recommended a different individual for U.S. Attorney. Subsequently, the Advisor informed MENENDEZ that the Advisor believed that the Candidate would likely not have to recuse from the prosecution of DAIBES.

Persons: MENENDEZ, FRED DAIBES, DAIBES, ROBERT MENENDEZ, texted MENENDEZ, you'll Organizations: U.S, Attorney, Attorney's, District, White Locations: New Jersey, U.S

☆ Alito: Recusing from cases involving former employees, colleagues, and long-time acquaintances would 'distort' the Supreme Court's work
▼ + stars: | 2023-09-08 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

In mid-2023, Justice Samuel Alito met twice with a lawyer who later wrote two op-eds defending him. The attorney, David Rivkin Jr., is closely connected to a case the court agreed to hear in June. On Friday, Alito said he's refusing to recuse himself from the upcoming case. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "No provision in the Constitution gives them the authority to regulate the Supreme Court — period."

Persons: Samuel Alito, David Rivkin Jr, Alito, he's, Samuel Alitodeclined, rehearings, Moore, who's, —, Roe, Rivkin, John Roberts, Alito's Organizations: Service, Wall Street Journal, Supreme, Democratic Locations: Wall, Silicon, States

The state Democratic Party has given liberal Justice Jill Karofsky's campaign more than $1.3 million. In Wisconsin, there is no requirement that justices step down from hearing cases involving campaign donors. Those threats were denounced by Wisconsin Democratic Party Chair Ben Wikler as “political extortion." She also cited Democratic Party campaign donations and the campaign comments. The Democratic Party did not bring either of the pending redistricting cases, even though Democrats would benefit from new maps being drawn.

Persons: she's, Ann Walsh Bradley —, Brian Hagedorn, Rebecca Bradley, Jill Karofsky's, ”, Jay Heck, “, Heck, Brennan, Janet Protasiewicz, Dan Kelly, Joe Biden, Tony Evers, Protasiewicz, Robin Vos, Protasiewicz doesn't, Vos, Ben Wikler, Annette Ziegler, Ziegler, Michael Gableman, recusing, Bradley, ” Protasiewicz Organizations: —, — Wisconsin Republicans, Democratic Party, Wisconsin Democracy, Republican Party, Wisconsin Supreme, Brennan Center for Justice, Wisconsin Democratic Party, Republican, Republicans, Gov, Democratic, GOP, Wisconsin Judicial Commission, Wisconsin Democratic, Wisconsin Manufacturers, Commerce, Conservative, United, Constitution Locations: MADISON, Wis, — Wisconsin, Wisconsin, In Wisconsin

☆ Judge in Trump New York porn star hush money case refuses to step aside for trial
▼ + stars: | 2023-08-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Trump had asked for Merchan to step off the case in Manhattan Supreme Court, where his trial is set to begin in late March, citing three different areas of potential conflicts of interest. The judge wrote that he "finds that recusal would not be in the public interest." Judge Juan Merchan said he had "carefully weighed" the legal standards for recusing himself after Trump cited the judge's purported conflicts of interest. The New York judge set to preside over the porn star hush money trial of Donald Trump refused on Monday to step off the case, saying he is certain he can be "fair and impartial" to the former president . Merchan cited a 1988 New York federal appeals court decision related to judicial recusal.

Persons: Donald Trump, Juan Merchan, Stormy Daniels, Trump, Merchan, recusal, recusing, Trump's, Michael Cohen, Daniels, Cohen, Allen Weisselberg, Joe Biden, Re Drexel Burnham Lambert Organizations: New, Republican, Trump, Trump Organization, Democratic, New York, Re, Manhattan, Attorney's Office Locations: Manhattan, New York City, New York

☆ Clarence Thomas: Appellate judge defends justice in new book, rejects 'pot shots' at Supreme Court
▼ + stars: | 2023-06-25 | by ( Ariane De Vogue | ) edition.cnn.com time to read: +6 min

CNN —A federal appeals court judge previously on short lists for the Supreme Court is taking the rare step to broadly and publicly reject allegations that Justice Clarence Thomas has been improperly influenced by lavish gifts provided by a conservative billionaire, dismissing “pot shots” at the Supreme Court in general. Thapar this past week released a new book about Thomas entitled “The People’s Justice,” in which he explores the justice’s favored judicial philosophy of originalism. “You can judge their works, and what they do, against what they’ve done in the past,” Thapar told CNN. Ethics and financial disclosuresThapar rejects suggestions that Thomas should have disclosed the hospitality provided by Crow on annual financial disclosure forms. They have called Justice Thomas ‘the cruelest justice,’ ‘stupid,’ and even an ‘Uncle Tom’ a traitor to his race,” Thapar writes.

Persons: Clarence Thomas, Amul Thapar, Thapar, Thomas, originalism, Thomas ’, Thomas ’ originalism, Donald Trump, Mitch McConnell, Harlan Crow’s, ” Thapar, Ginni, Crow, ” Virginia Canter, ” “, ” Canter, hadn’t, “, –, ”, Thomas’s, Thomas ‘, ’, Tom ’, Elizabeth Wydra, ” Wydra Organizations: CNN, Eastern, Eastern District of, ProPublica, Citizens, Crow, Administrative, Center Locations: Cincinnati, Eastern District, Eastern District of Kentucky, Washington

☆ Supreme Court Justice Samuel Alito wrote a WSJ op-ed instead of commenting for a story that revealed his ties to a billionaire who had 10 cases before SCOTUS
▼ + stars: | 2023-06-21 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

A recent ProPublica report details how Alito took an expensive trip with a billionaire before reviewing cases involving him. ProPublica asked Alito for comment on the story, but the court's spokeswoman said he wouldn't comment. Hours later, Alito published his response to the Wall Street Journal. Hours after the spokeswoman said Alito wouldn't comment, Alito did comment — just not to ProPublica. Instead, the longtime justice published an op-ed to the Wall Street Journal titled "Justice Samuel Alito: ProPublica Misleads Its Readers."

Persons: Alito, ProPublica, —, Samuel Alito, Paul Singer, ProPublica's, Singer, Abbe Smith, I'd, Smith, Alito should've Organizations: Wall Street, Service, Street, GOP, Wall, Supreme Locations: Alaska

☆ Don’t Automatically Write Off Aileen Cannon in the Trump Documents Case - The New York Times
▼ + stars: | 2023-06-15 | by ( Nick Akerman | ) www.nytimes.com time to read: +2 min

In other words, the panel chastised her for not properly applying the law and for not treating Mr. Trump like any other criminal defendant. Other legal experts have asked if Judge Cannon has the judicial chops to handle a case of this type and magnitude. She has, after all, been a federal judge for only some two and a half years and has never tried a case involving the theft of classified documents. History shows that Trump-appointed judges have not given him any special treatment when he has defied the rule of law. Nearly every Trump-appointed judge (including his Supreme Court appointees) denied Mr. Trump’s litigation efforts to further his falsehood that the 2020 presidential election was rigged.

Persons: Trump, Judge Cannon, Samuel Buell, it’s, —, Richard Nixon, recusing, Nixon Organizations: Duke University, Trump, Republican

☆ Despite Hochul’s Pledge, Her Policies Have Helped Husband’s Firm
▼ + stars: | 2023-05-28 | by ( Jay Root | ) www.nytimes.com time to read: +1 min

At issue is a renewal of the Seneca Nation gaming compact, with billions of dollars at stake. The governor says she is recusing herself from the matter, as is her husband, whose $650,000 in compensation last year helped push the Hochuls’ combined income to just under $1 million. Mr. Hochul has signed his own recusal policy with Delaware North on matters concerning the company’s New York operations. Delaware North was founded more than a century ago in Buffalo, beginning as a peanut stand run by L.M. Jacobs and his brothers, and eventually expanding to stadiums and horse and dog tracks all over the country.

The complaint was sent to the US judges' Committee on Financial Disclosure. For now, questions about Thomas's previously undisclosed financial dealings with Harlan Crow, a billionaire Texas real-estate developer, will fall to an obscure committee of sixteen federal judges — the Committee on Financial Disclosure. Koszczuk said the same letterhead was routinely sent to any member of the public who asked for a judge's financial disclosure report. When Ranjan wrote his article, a review of a Thomas biography, the controversies surrounding Thomas had nothing to do with his financial disclosures. Judges' financial disclosures are only updated annually, and until recently, it wasn't easy to get ahold of them.

☆ GOP megadonor Harlan Crow paid for Clarence Thomas to send a child in his custody to a $6,000-a-month private boarding school: ProPublica
▼ + stars: | 2023-05-04 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Supreme Court Justice Clarence Thomas sent a child in his custody to a private boarding school. GOP megadonor Harlan Crow paid at least some of the child's $6,000-a-month tuition, per ProPublica. Tuition at the Hidden Lake Academy cost more than $6,000 a month, but ProPublica reported that Thomas did not pay for Martin's education himself. A former administrator at the school, Christopher Grimwood, told ProPublica that Crow covered the costs of Martin's entire education at the school — about a year. If Crow had paid for Martin's education at both schools over a period of four years, he would have spent more than $150,000, ProPublica said.

Supreme Court justices are under renewed scrutiny due to recently uncovered financial dealings. That's a question that the Romans asked over 2,000 years ago," Doron Kalir, a professor at Cleveland-Marshall College of Law and an expert in legal ethics, told Insider. But parties arguing before the Supreme Court cannot challenge justices for a lack of recusal like people can in lower courts. There is an official Code of Conduct for Federal Judges, but it applies to all federal judges except the Supreme Court justices, simply because that's what the Supreme Court decided, according to Kalir. "That's what the Supreme Court decided, and they're supreme," Kalir told Insider.

☆ Justice Clarence Thomas' troubles reveal a much larger accountability issue lurking in the Supreme Court
▼ + stars: | 2023-04-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +13 min

Supreme Court Justice Clarence Thomas is facing a wave of misconduct allegations in recent weeks. The Supreme Court did not immediately respond to a request for comment on the allegations. What was your initial reaction to Monday's Bloomberg report regarding the 2004 appeals case that Justice Thomas failed to recuse himself from? Associate Supreme Court Justice Clarence Thomas. The point is that the issue should not be punishing Justice Thomas or punishing Justice Gorsuch.

☆ How Anti-Abortion Activists Bought Access to the Supreme Court
▼ + stars: | 2023-01-07 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +29 min

In exchange for as little as a few thousand dollars in contributions to the nonprofit, these people received easy access to events where Supreme Court justices would be. Supreme Court Historical society trustee Jay Sekulow, center, represented President Trump during the latter's impeachment trial in 2020. Anti-abortion advocates cheer in front of the Supreme Court after the decision in Burwell v. Hobby Lobby Stores was announced in 2014. Alito did not respond to a request for comment on his involvement in the Supreme Court Historical Society. Supreme Court justices, though, aren't even required to stay within those weak guardrails because no code of ethics governs justices' behavior.

Ellison and FTX co-founder Gary Wang both pleaded guilty and are cooperating with prosecutors as part of their plea agreements. Roos said Bankman-Fried carried out a "fraud of epic proportions" that led to the loss of billions of dollars of customer and investor funds. Bankman-Fried has acknowledged risk-management failures at FTX but said he does not believe he has criminal liability. A flurry of customer withdrawals in early November amid concerns about commingling of FTX funds with Alameda prompted FTX to declare bankruptcy on Nov. 11. Bankman-Fried was arrested in the capital Nassau on Dec. 12 and arrived in the United States on Wednesday after consenting to extradition.

Search resuls for: "recusing"

24 mentions found