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☆ From Taylor Swift to the World Cup, travelers are paying big bucks to catch overseas games and shows
▼ + stars: | 2023-07-10 | by ( Monica Pitrelli | Evelyn Chen | ) www.cnbc.com time to read: +6 min

When Taylor Swift's Eras tour rolls into Singapore next year, Rjay Ignacio said he'll be there — whether he has a ticket or not. "If I'm not able to get a ticket, I'm still going to Singapore," he said. He said he would only travel "for Taylor … I'm a big fan." Swifties, or Taylor Swift fans, spend an average of $1,330 on tickets, food and travel, according to the research company QuestionPro. To avoid facing an "astronomical price surge," Jakarta resident Wid said one of his friends booked a hotel in Singapore before Swift's tour tickets even went on sale.

Persons: Taylor, Rjay Ignacio, he'll, Taylor Swift, I'm, Ignacio, Taylor …, Farhan Abrol, Kanyarat Teawprasong, Swift, Armando L, Sanchez, Lionel Richie, Harvey Cohen, Wid, Nan Palmero, I'd Organizations: Deloitte, Wimbledon, CNBC Travel, Austin City Limits Music, Chicago Tribune, Tribune, Service, Swift's, Qatar Airways, FIFA, Accor Locations: Singapore, Asia, Pasig City, Philippines, YOLO, Francisco, Bangkok, Korea, Japan, Taiwan, Hong Kong, Thailand, Southeast Asia, Las Vegas, Chicago's Grant, Bahamas, United States, Navan, Cincinnati, Pittsburgh, Jakarta, Doha

☆ Justice Clarence Thomas has a long history of accepting expensive gifts, including a long-time friend paying for his 1987 wedding reception: report
▼ + stars: | 2023-07-10 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Justice Clarence Thomas' acceptance of lavish gifts stretches back decades, per a new NYT report. These include his 1987 wedding reception, paid for by a friend before he joined the Supreme Court, it said. In its latest report, the Times detailed lavish gifts, some of which pre-date Thomas' time on the Supreme Court. "And, in return, he opened up the Supreme Court." Thomas is far from the only Supreme Court Justice to have received expensive gifts in the course of their tenure.

Persons: Clarence Thomas, Thomas, Harlan Crow, Crow, Armstrong Williams, Horatio Alger, Williams, Ruth Bader Ginsburg, Antonin Scalia, — Thomas Organizations: Supreme, Service, New York Times, Opportunity Commission, Times, Horatio, Distinguished, Horatio Alger Association, Justice, LA Times Locations: Wall, Silicon, Thomas, Virginia

☆ Iran accuses U.S. Navy of defending fuel smuggling in Gulf incident
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +2 min

DUBAI, July 10 (Reuters) - An Iranian Revolutionary Guards Commander accused the U.S. Navy on Monday of defending fuel smuggling in the Gulf by trying to interfere when Iran intercepted a ship last week. On July 7th, Iran's Fars news agency reported that the Revolutionary Guards had seized a vessel carrying 900 tons of smuggled fuel with 12 crew members, following a court order. The incident was one of several involving Iranian forces and Gulf shipping last week. Chevron denied the tanker was involved in a collision and said it had not been notified of legal proceedings or court orders by Iran regarding the ship. Reporting by Dubai Newsroom Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.

Persons: Ramazan Zirrahi, Iran's, Tim Hawkins, Peter Graff Organizations: Iranian Revolutionary Guards, U.S . Navy, Revolutionary Guards, Navy, NADA, . 5th Fleet, Iranian, Richmond, Chevron, Dubai, Thomson Locations: DUBAI, Iranian, Gulf, Iran, Persian, Fars, Bushehr, Bahamas, U.S, Chevron

You can earn rewards with a travel credit card and by sticking to a favorite airline and hotel vendor. Get a travel credit cardThere are loads of discussion about credit card hacking and selecting the best credit card for travel rewards. If travel is a focus for you, then I recommend considering a credit card that offers travel rewards. I personally use my travel rewards credit card for my day-to-day spending all year round. Note that credit card lenders may use many different variations of credit score models when considering your application.

Persons: I've, —, you've, we've Organizations: Service, Target, Walmart, Chase, Chevron, Reading Chevron, Southwest Airlines Locations: Wall, Silicon, Paris, Delta, Bahamas

☆ Saharan Dust Blowing Across the Atlantic Could Reach South Florida
▼ + stars: | 2023-07-09 | by ( Rebecca Carballo | ) www.nytimes.com time to read: 1 min

As Florida recovers from the tangled seaweed blob plaguing its coasts, nature may have something else in store for the state: dust from the Sahara. Saharan dust is moving across the Atlantic Ocean and could reach South Florida, resulting in hotter days and less rain, meteorologists said. As of Saturday afternoon, the dust was near the Bahamas, about 300 miles east of Florida. The Weather Service does not track the dust’s speed as it travels, she said. The dust could arrive in South Florida by this week, said Ping Zhu, an earth and environment professor at Florida International University.

Persons: Keily Delerme, Ping Zhu Organizations: National Weather Service, The Weather Service, Florida International University Locations: Florida, South Florida, Bahamas, Puerto Rico, Tampa

☆ Iran's Revolutionary Guards seize commercial ship in Gulf - U.S. Navy
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 6 (Reuters) - Iran's Revolutionary Guards "forcibly seized" a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in smuggling, a U.S. Navy spokesperson said. The U.S. Navy had monitored the situation and decided not to make any further response, U.S. 5th Fleet spokesperson Commander Tim Hawkins said. Iran said on Thursday it had a court order to seize one of the tankers sailing in Gulf waters on Wednesday after it collided with an Iranian vessel. read moreTehran seized two other tankers in May including the Marshall Islands flagged Advantage Sweet, which had been chartered by Chevron. read moreSince 2021, "Iran has harassed, attacked or seized nearly 20 internationally flagged merchant vessels", the U.S. Navy said this week.

Persons: Tim Hawkins, Ambrey, Hawkins, Jonathan Saul, Hugh Lawson, Andrew Heavens Organizations: Guards, U.S . Navy, . 5th Fleet, Richmond, Marshall, Chevron, Thomson Locations: Gulf, U.S, British, Saudi, Dammam, Iran, Hormuz, Oman, Gulf of Oman, Iranian, Bahamas, Chevron, Tehran

☆ Iran says it had court order to seize Chevron tanker
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

DUBAI, July 6 (Reuters) - Iran said on Thursday it had a court order to seize a tanker in Gulf waters a day earlier after it collided with an Iranian vessel, one of two tankers the U.S. Navy said it prevented Iran from commandeering. The Richmond Voyager, a Bahamas-flagged oil tanker, had collided with an Iranian vessel and the Iranian navy had a court order to seize it, the Maritime Search and Rescue Center of Iran's Hormozgan Province told the official IRINN news agency. It said Iranian authorities had asked the tanker to stop and had fired shots but the Iranian navy vessel departed when McFaul arrived. U.S. oil company Chevron (CVX.N), which manages the Richmond Voyager, said its crew were safe and the vessel was operating normally. The U.S. Navy had earlier responded to an incident involving the Marshall Islands-flagged oil tanker TRF Moss in the same region.

Persons: McFaul, IRINN, TRF Moss, Lisa Barrington, Tom Hogue, Jason Neely Organizations: U.S . Navy, Richmond, Iranian, Rescue Center, Iran's, Richmond Voyager, Chevron, Marshall, Dubai Newsroom, Thomson Locations: DUBAI, Iran, Iranian, commandeering, Bahamas, Iran's Hormozgan Province, Oman, Richmond, U.S, United States, Hormuz

As the FTX cryptocurrency exchange imploded last fall, Tom Brady, the seven-time Super Bowl-winning quarterback, made an urgent phone call. Mr. Nader couldn’t answer. “I never would’ve expected to decline a call from Tom Brady,” he said. Mr. Brady had reasons to be concerned. Mr. Brady’s wife at the time, the supermodel Gisele Bündchen, was paid $18 million in FTX stock, one of the people said.

Persons: Tom Brady, Sina Nader, FTX’s, Sam Bankman, Mr, Nader couldn’t, “, ”, Brady, FTX, Brady’s, Gisele Bündchen Organizations: FTX Locations: Bahamas

☆ Debris from implosion of Titanic-bound submersible is returned to land
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: +4 min

Debris from the lost submersible Titan has been returned to land after a fatal implosion during its voyage to the wreck of the Titanic captured the world's attention last week. Twisted chunks of the 22-foot submersible were unloaded at a Canadian Coast Guard pier on Wednesday. The Coast Guard is leading the investigation into why the submersible imploded during its June 18 descent. Coast Guard representatives declined to comment on the investigation or the return of debris to shore on Wednesday. Representatives for the National Transportation Safety Board and Transportation Safety Board of Canada, which are both involved in the investigation, also declined to comment.

Persons: Jeff Mahoney, Mahoney, Carl Hartsfield, Liam MacDonald, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet Organizations: Titan, Canadian Coast Guard, Titanic, Research Services, Coast Guard, Marine Board, Investigation, Oceanographic Institution, Horizon, National Transportation Safety Board, Transportation, Board of Canada, National Transportation, OceanGate Expeditions, U.S, Stockton Rush Locations: St, John's, Newfoundland, Labrador, Canadian, Massachusetts, New York, U.S, Canada, Bahamas, Everett , Washington, England, Pakistan, France, British

☆ Bankman-Fried loses bid to toss criminal charges over FTX's collapse
▼ + stars: | 2023-06-27 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +1 min

NEW YORK, June 27 (Reuters) - A U.S. judge on Tuesday denied Sam Bankman-Fried's bid to have criminal charges against him thrown out, paving the way for the founder of now-bankrupt cryptocurrency exchange FTX to face trial starting Oct. 2. In May, Bankman-Fried asked U.S. District Judge Lewis Kaplan to dismiss at least 11 of the 13 fraud and conspiracy charges he faced. "The arguments are either moot or without merit," Kaplan wrote in a ruling on Thursday. A spokesman for Bankman-Fried did not immediately respond to a request for comment. Reporting by Luc Cohen in New York, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Fried, District Judge Lewis Kaplan, Kaplan, Luc Cohen, Deepa Babington Organizations: YORK, Federal, Alameda Research, U.S, District, Supreme, Thomson Locations: U.S, Manhattan, FTX, Bahamas, United States, New York

☆ Titanic submersible: A robot is combing the sea floor for debris from the implosion as a multinational investigation begins
▼ + stars: | 2023-06-26 | by ( Nouran Salahieh Samantha Beech | Nouran Salahieh | Samantha Beech | ) edition.cnn.com time to read: +8 min

The US Coast Guard has convened a Marine Board of Investigation to probe the implosion – the “highest level of investigation the Coast Guard conducts,” US Coast Guard chief investigator Capt. Military experts found debris from the ill-fated submersible about 1,600 feet from the bow of the Titanic on Thursday, the US Coast Guard previously said. “This case has been extremely complex, involving a coordinated international, interagency and private sector response in an unforgiving and difficult to access region of the ocean,” US Coast Guard Rear Adm. John Mauger, the First Coast Guard District commander, said Sunday. The Coast Guard announced the vessel suffered a “catastrophic implosion,” killing everyone on board. Pelagic's remotely operated vehicle Odysseus 6 is lifted out of the ocean after searching for debris from the Titan submersible on June 22, 2023.

Persons: Jason Neubauer, ” Neubauer, “, ” Kathy Fox, Kent Osmond, John Mauger, Hamish Harding, Paul, Henri Nargeolet, Shahzada Dawood, Suleman, Odysseus, Neubauer, Paul Hankins, Jeff Mahoney, Mahoney, Rush, ” Rachel Lance, ”, Karl Stanley, ” Stanley, OceanGate, Guillermo Sohnlein, ” Sohnlein Organizations: CNN, US Coast Guard, Marine Board, Investigation, Coast Guard, Authorities, Prince, Transportation, Board of Canada, Royal Canadian Mounted Police, RCMP, Polar Prince, US, Guard, First Coast Guard District, OceanGate Expeditions, Stockton Rush, Titan, Research, Research Services, Salvage Operations, Ocean Engineering, Deep Energy, US Navy, Navy, Duke University, Rush Locations: Canada, St, John’s, British, French, Bahamas

☆ Voice recordings and data from the mother ship that carried the Titanic-bound submersible before it imploded will be examined, investigators say
▼ + stars: | 2023-06-25 | by ( Nouran Salahieh Samantha Beech | Nouran Salahieh | Samantha Beech | ) edition.cnn.com time to read: +6 min

“The content of those voice recordings could be useful in our investigation,” Fox said. Communications between the submersible and its mother ship will also likely be scrutinized. The ship could communicate with the submersible by text messages, and it’s required to communicate every 15 minutes, according to the archived website of OceanGate Expeditions. The vehicles will work to map out the vessel’s debris field, which is more than 2 miles deep in the North Atlantic, Mauger said. When asked for comment about Stanley’s email, a spokesman for OceanGate told CNN they were unable to provide any additional information at this time.

Persons: ” Kathy Fox, John’s, ” Fox, John Mauger, Hamish Harding, Paul, Henri Nargeolet, Shahzada Dawood, Suleman, Kent Osmond, OceanGate, Guillermo Sohnlein, ” Sohnlein, “, Mauger, Paul Hankins, Jeff Mahoney, Mahoney, Rush, Karl Stanley, ” Stanley Organizations: CNN, Transportation, Board of Canada, US Coast Guard, Stockton Rush, OceanGate Expeditions, Communications, Titan, Getty, Royal Canadian Mounted Police, RCMP, National Transportation Safety Board, US, Guard, Salvage Operations, Ocean Engineering, Research Services, Deep Energy, Rush, “ Locations: St, Newfoundland and Labrador, British, French, AFP, Bahamas

☆ U.S. Coast Guard will lead investigation of Titan implosion with help from Canada, France, UK
▼ + stars: | 2023-06-25 | by ( ) www.cnbc.com time to read: +7 min

The convening of a Marine Board of Investigation is the highest level of investigation conducted by the U.S. Coast Guard, Neubauer said. Investigators are working closely with other national and international investigative authorities, including the U.S. National Transportation Safety Board, the Transportation Safety Board of Canada, the French marine casualties investigation board and the United Kingdom Marine Accident Investigation Branch, Neubauer added. The Coast Guard board can make recommendations to prosecutors to pursue civil or criminal sanctions as necessary. The Coast Guard led the initial search and rescue mission, a massive international effort that likely cost millions of dollars. "The Coast Guard doesn't charge for search and rescue nor do we associate a cost with human life," said Rear Adm. John Mauger, of the Coast Guard First District.

Persons: Jason Neubauer, Neubauer, Kathy Fox, Fox, John Mauger, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet Organizations: . Coast Guard, Coast Guard Air Station Elizabeth, Coast Guard Air Station Elizabeth City , North Carolina, HC, U.S . Coast Guard, Titan, Marine Board, Investigation, U.S . National Transportation Safety Board, Transportation, Board of Canada, United Kingdom Marine, Coast Guard, U.S . Navy, Navy, Associated Press, Board, Canada, Authorities, Canadian Transportation, Royal Canadian Mounted Police, OceanGate Expeditions, U.S, Stockton Rush, Rescuers Locations: Coast Guard Air Station Elizabeth City , North, Cape Cod, U.S, St, John's, Newfoundland, Atlantic, Prince, Canada, Canadian, Bahamas, Everett , Washington, England, Pakistan, France, British

☆ A friend said he warned Stockton Rush about possible defects on the Titan in 2019 after hearing 'cracking' noises
▼ + stars: | 2023-06-24 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A friend of Stockton Rush told NewsNation he heard "cracking" sounds after a Titan trip in 2019. Karl Stanley emailed Rush to say that the noises "sounded like a flaw/defect," CNN reported. Rush told him to be prepared for the sounds, caused by the sub's carbon fiber, before his dive. A submersible expert and friend of OceanGate's founder Stockton Rush said he tried to warn him that Titan was flawed years ago. Karl Stanley told NewsNation he heard "cracking" sounds when he went on the Titan sub in April 2019.

Persons: NewsNation, Karl Stanley, Rush, Stockton Rush, Stanley, David Lochridge, Lochridge, OceanGate Organizations: Stockton Rush, CNN, Stockton, OceanGate Locations: Bahamas

☆ Submersible Expert Raised Safety Concerns After 2019 Trip on Titan
▼ + stars: | 2023-06-23 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

The next day, Mr. Stanley wrote an email in which he detailed his concerns to Stockton Rush, the chief executive of OceanGate Expeditions, who was also on board the Titan for the dive, urging Mr. Rush to cancel the expeditions to the wreck of the Titanic that were planned for that summer. Would you consider taking dozens of other people to the Titanic before you truly knew the source of those sounds? Rush was piloting the Titan and was among the five people on board who were killed. The Titan’s final voyage would have been its 14th expedition to the Titanic’s wreckage.

Persons: Karl Stanley, Stanley, Rush, ” Organizations: Stockton Rush, OceanGate Expeditions, The New York Times, U.S . Coast Guard Locations: Bahamas, submersibles, U.S

☆ The Super Connector Who Built Sam Bankman-Fried’s Celebrity World
▼ + stars: | 2023-06-23 | by ( David Yaffe-Bellany | Erin Griffith | ) www.nytimes.com time to read: +1 min

As they built K5, Mr. Kives and Mr. Baum touted their connections, including with the billionaire financier Warren E. Buffett. In an interview, Mr. Buffett said Mr. Kives was a “name-dropper” who “might pitch that he has a connection to me, but he doesn’t.” Mr. Buffett said he had known Mr. Kives from his time at Creative Artists Agency. Since then, he said, Mr. Kives has contacted him about a few investment opportunities, which he declined. In late 2021, Mr. Kives used his network to forge a relationship with Mr. Bankman-Fried, who was rising in prominence as cryptocurrencies boomed. They got in touch over email, the lawsuit said, and Mr. Kives introduced Mr. Bankman-Fried to the musician Sia.

Persons: Kives, Baum, Warren E, Buffett, dropper, ” Mr, Sia, Fried, Kives’s, Perry, Bloom, FTX Organizations: Creative Artists Agency, Super, K5 Locations: Beverly Hills, Calif, Bahamas

☆ Fact Check-No charges against FTX ex-CEO Sam Bankman-Fried dropped as of June 22
▼ + stars: | 2023-06-22 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

As of June 22, 2023, none of the 13 charges against Bankman-Fried have been dropped by federal prosecutors in Manhattan. Bankman-Fried faces a 13-count indictment for allegedly scheming to defraud FTX investors. Federal prosecutors in Manhattan said those five charges would be dropped if the Bahamas did not consent to them. In mid-June, noting that it was unclear when the Bahamas would consent, prosecutors supported the separate March 2024 trial for the additional charges (here). None of the 13 criminal charges against FTX Founder Sam Bankman-Fried have been dropped as of June 22, 2023.

Persons: Sam Bankman, District Judge Lewis Kaplan, ’, Fried, Read Organizations: Bankman, District, Biden, Facebook, U.S, Prosecutors, Republicans, Reuters, FTX Locations: Manhattan, U.S, Palo Alto , California, Bahamas

☆ Remember when Paris Hilton channeled ‘Barbiecore’ to a Britney Spears’ 2001 concert?
▼ + stars: | 2023-06-22 | by ( Faye Bradley | ) edition.cnn.com time to read: +5 min

And in November 2001, the hotel heiress made a fashion statement that etched itself in the annals of noughties style. To top it off, she wore a tiara, applied a glossy pink lip and pink eyeshadow and clutched onto a furry Barbie-branded handbag. At just 20 years old, Paris Hilton — pictured here with Nicole Richie as the pair attended a Britney Spears concert in Las Vegas — was already being dubbed a culture-defining noughties "It Girl." In a playful mauve take on the label's classic tweed separates, Naomi Campbell walks the runway during Chanel's Spring-Summer 1994 show. Paris Hilton walks the runway during Versace's Spring-Summer 2023 show on September 23, 2022 in Milan.

Persons: CNN —, Paris Hilton, Greta Gerwig, Margot Robbie, July’s, Barbie, Hilton, bestie Nicole Richie —, Britney Spears, Nicole Richie, Las Vegas —, ”, —, Paris, Oscar de la, Christian Dior, Ralph Lauren, Barbiecore, supermodels Naomi Campbell, Claudia Schiffer, Carla Bruni, Naomi Campbell, Michel Arnaud, Corbis, Thierry Mugler’s, Herve Leger, Cindy Crawford, Karen Mulder, Eva Herzigova, Moschinos’s, Mattel’s plaything, Vittorio Zunino Celotto, Barbie dreamhouse, Mary Jane heels, She’s Organizations: CNN, Paris, New, Hollywood Locations: ”, Las Vegas, Paris, New York, Los Angeles, tweed, Couture, Milan, Bahamas

The U.S. Coast Guard said on Tuesday that several vessels were on their way to assist in the search for the submersible, including its ship the Sycamore and a Canadian Coast Guard vessel, John Cabot. Polar Prince, Deep Energy – a pipe-laying vessel flagged in the Bahamas, and three other Canadian vessels. North Atlantic Ocean Atalante at 11:03 p.m. 200 miles Sources: United States Coast Guard, MarineTraffic, GEBCO Note: All times are in Eastern. The Polar Prince deployed the Titan on Sunday and has been searching the area since losing contact with it less than two hours later. Deep Energy arrived at the scene earlier on Tuesday and launched a remotely operated vehicle, or R.O.V., to aid in the search, the U.S. Coast Guard said.

Persons: John Cabot, CANADA Ann Harvey, Terry Fox, CANADA Newfoundland Ann Harvey Organizations: Atlantic, U.S . Coast Guard, Canadian Coast Guard, Energy, CANADA, CANADA Newfoundland, United States Coast Guard, Canadian Locations: Connecticut, U.S, Polar, Bahamas, Sycamore, Newfoundland, Glace, Eastern

☆ Rescuers race against time to find the missing sub in the Atlantic bound for the Titanic site
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: +10 min

Rescuers in a remote area of the Atlantic Ocean raced against time early Tuesday to find a missing submersible carrying five people on a mission to document the wreckage of the Titanic. OceanGate's expeditions to the Titanic wreck site include archaeologists and marine biologists. Gallo identified Nargeolet, a friend who has led multiple expeditions to the Titanic, on Tuesday during an interview with CNN. OceanGate hired the Polar Prince to ferry dozens of people and the submersible craft to the North Atlantic wreck site. CBS journalist David Pogue, who went on the trip last year, noted his vessel got turned around looking for the Titanic.

Persons: Mauger, NBC's, John Mauger, David Concannon, John's, Concannon, OceanGate, Hamish Harding, Harding, Mark Butler, Butler, Victor Vescovo, Mariana, Richard Garriott de Cayeux, Shahzada Dawood, Suleman, Allah, Paul, Henry Nargeolet, David Gallo, Gallo, David Pogue, Pogue, Mike Reiss, Alistair Greig, submersibles, Greig Organizations: Discovery, U.S . Coast Guard, OceanGate Expeditions, Authorities, Rescue Coordination Center, Rescuers, Polar, Canadian Boeing, Twitter, U.S, Lockheed, The Associated Press, AP, Coast Guard, United Arab, Action Aviation, World Records, Shepard, The Explorers, SETI Institute, CNN, CBS, University College London Locations: Nova Scotia, British, St, John's, Newfoundland, Canadian, Bahamas, Dubai, United Arab Emirates, California, Virginia

☆ A Netflix camera crew says its boat was almost sunk in a 'horrific' tiger shark attack while filming in Hawaii
▼ + stars: | 2023-06-17 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

The Netflix camera crew's boat was attacked by two 15-foot-long tiger sharks, reports say. "But the first day the tiger sharks were around, the crew got into these inflatable boats — and two sharks attacked them. "This 'v' of water came streaming towards us, and this tiger shark leapt at the boat and bit huge holes in it. Ron Sanford/Getty ImagesDespite the crew's terrifying experience, the chances of being attacked by a shark are extremely low, Insider recently reported. The new Netflix series examines animal migration patterns and the impact of climate change on the natural world.

Persons: —, David Attenborough, Huw Cordey, Laysan, Cordey, Brian Skerry, Toby Nowlan, Nowlan, Ron Sanford Organizations: Netflix, Service, Radio Times, Getty Locations: Hawaii, Spain, Portugal, British, Laysan, Northwestern, Tiger Beach, Bahamas

☆ Prosecutors ask to remove new Bankman-Fried charges from October trial
▼ + stars: | 2023-06-15 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

NEW YORK, June 15 (Reuters) - U.S. prosecutors on Wednesday asked a judge to hold a separate trial for Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, who faces new charges of foreign bribery, bank fraud and conspiracy. Prosecutors added those charges this year, after Bankman-Fried's December 2022 extradition from the Bahamas in the wake of FTX's collapse. He had asked U.S. District Judge Lewis Kaplan in Manhattan to dismiss the new charges or alternatively separate them from his Oct. 2 trial. Prosecutors have said they will drop the charges if the Caribbean nation does not consent to them. Lawyers for Bankman-Fried have asked that at least 11 of the charges be dismissed.

Persons: Sam Bankman, District Judge Lewis Kaplan, Marco Bello, FTX, Kaplan, Fried, Abinaya, Luc Cohen, Jason Neely, Elaine Hardcastle Organizations: YORK, U.S, Wednesday, Prosecutors, District, REUTERS, Bankman, Thomson Locations: Bahamas, Manhattan, Nassau, Caribbean, Bengaluru, New York

☆ OKX crypto exchange seeks Dubai regulation with eye on Middle East expansion
▼ + stars: | 2023-06-15 | by ( Lisa Barrington | ) www.reuters.com time to read: +2 min

DUBAI, June 15 (Reuters) - OKX, one of the world's largest cryptocurrency exchanges, is seeking regulatory approval to operate in Dubai as it plans to expand the company's Middle East operations, an executive told Reuters on Thursday. Regulation is an industry trend, OKX Global Head of Government Relations Tim Byun said. Byun said he believed the SEC's move would push more applicants towards innovative regulators like Dubai's Virtual Asset Regulatory Authority (VARA). OKX is regulated in the Bahamas and currently does not allow customers from the United States to use its platform due to regulatory issues. OKX plans to apply for such a licence, Byun said.

Persons: Tim Byun, Binance, Byun, VARA, Lisa Barrington, Yousef Saba, Kirsten Donovan Organizations: Reuters, Government, U.S . Securities, Exchange Commission, SEC, Regulatory, Dubai World Trade Center, United, United Arab Emirates, Dubai International Financial, UAE, Thomson Locations: DUBAI, Dubai, VARA, United Arab, Saudi Arabia, Bahrain, Bahamas, United States

☆ Prosecutors Agree to Withdraw New Charges Against Sam Bankman-Fried
▼ + stars: | 2023-06-15 | by ( David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

Federal prosecutors investigating the collapse of the FTX cryptocurrency exchange said late Wednesday that, at least for now, they would withdraw several of the charges facing the company’s founder, Sam Bankman-Fried. In a court filing, the prosecutors said they would proceed to a trial in October without pursuing five of the 13 charges against Mr. Bankman-Fried — a set of accusations that the government added to the crypto mogul’s indictment in the months after he was extradited from the Bahamas in December. Among those charges was a bank fraud count, as well as an allegation that Mr. Bankman-Fried bribed a foreign government. The withdrawal of those counts was a victory for Mr. Bankman-Fried, who has argued that prosecutors should not have been allowed to charge him with additional crimes after his extradition. But the win came with a major caveat: The prosecutors asked the judge overseeing the case, Lewis A. Kaplan of Federal District Court in Manhattan, to schedule a second trial in early 2024 on those five counts.

Persons: Sam Bankman, Fried, Lewis A, Kaplan Organizations: Federal, Court Locations: Bahamas, Manhattan

☆ U.S. judge appears skeptical of Bankman-Fried's push to dismiss charges
▼ + stars: | 2023-06-15 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

U.S. District Judge Lewis Kaplan in Manhattan expressed his concerns at a hearing where Bankman-Fried's lawyers sought to dismiss at least 11 of 13 charges their client faces. He had asked Kaplan to dismiss six of the 13 charges because the Caribbean country did not consent, and five more because they rested on an invalid legal theory. The judge also said Bankman-Fried appeared to lack standing to invoke an extradition treaty between the two countries to get those charges - including bank fraud and bribing Chinese officials - dismissed. Prosecutors have said their charges did not rely on that theory because Bankman-Fried schemed to take his victims' money. Separately, Kaplan denied Bankman-Fried's request to force prosecutors to review some of FTX's files.

Persons: Sam Bankman, District Judge Lewis Kaplan, FTX, Kaplan, Fried, Mark Cohen, Marco Bello, Christian Everdell, Bankman, Abinaya, Luc Cohen, Jason Neely, Elaine Hardcastle, Jonathan Oatis Organizations: YORK, U.S, District, Alameda Research, REUTERS, Supreme, Prosecutors, Thomson Locations: U.S, Manhattan, Bahamas, Caribbean, United States, Alameda, Nassau, Bankman, Bengaluru, New York

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