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"We will not tolerate any additional stunts or delay from Hunter Biden," said House Oversight Chair James Comer, R-Ky., and Judiciary Chair Jim Jordan, R-Ohio, in a joint statement. Hunter Biden's surprising offer to appear for a private deposition came two days after Comer and Jordan's panels passed resolutions urging the House to hold him in contempt. But, "If you issue a new proper subpoena, now that there is a duly authorized impeachment inquiry, Mr. Biden will comply for a hearing or deposition," Lowell wrote. "We will accept such a subpoena on Mr. Biden's behalf." Hunter Biden is currently facing criminal charges in two federal courts.
Persons: Hunter Biden, Joe Biden, Biden, James Comer, Jim Jordan, Hunter, Comer, Biden's, Abbe Lowell, Jordan, Lowell, Comer's, Joe Biden's Organizations: Capitol, Department of Justice, Democratic, Court Locations: Washington , U.S, Ky, Ohio, U.S, Los Angeles, Delaware
Howard Weaver, a self-described “poor kid from a shabby neighborhood,” was 24 years old and terrified when he was assigned by the floundering Anchorage Daily News to expose a rapacious chapter of the Teamsters union that was corruptly profiting from Alaska’s oil pipeline boom. “Any way you sliced it,” he recalled, “the odds were against us, a mismatch of Goliathian proportions.”But Mr. Weaver was hungry. Hungry enough that after months of investigative reporting, he and his colleagues exposed “a complex maze of political, economic and social power,” which, they wrote, “challenges at times both mighty industry and state government itself.”Three weeks before The Daily News declared that it was on the brink of bankruptcy, the scrappy newspaper with a circulation of about 13,000 was awarded the Pulitzer Prize for public service in 1976 for its reporting on Teamsters Local 959. It was the smallest paper and the first in Alaska to win the coveted medal.
Persons: Howard Weaver, , Weaver Organizations: Anchorage Daily, Teamsters, Daily News Locations: Anchorage, Alaska
House Republicans on Wednesday issued subpoenas demanding testimony from Hunter and James Biden, the president’s son and brother, as they hunt for evidence to try to build an impeachment case against him. It was the most significant move in the impeachment inquiry since Republicans announced they were opening it in September, despite no evidence that the president had committed high crimes or misdemeanors. Republicans have toiled for months to try to find support for their allegations that Mr. Biden corruptly profited from his family members’ overseas business dealings and accepted bribes. The subpoenas demand that James Biden appear for a deposition on Dec. 6 and Hunter Biden appear a week later. Mr. Walker was summoned to appear on Nov. 29.
Persons: Hunter, James Biden, James R, Comer, Biden’s, Rob Walker, Biden corruptly, Hunter Biden, Walker Organizations: Republicans, Republican Locations: Kentucky
U.S. Representative Tom Emmer (R-MN) arrives for a House Republican conference meeting to choose a nominee in the race for House Speaker at the U.S. Capitol in Washington, U.S., October 24, 2023. Emmer has been seen as a strong supporter of assisting Ukraine in it war with Russia. A "report card" by the conservative Defending Democracy Together's "Republicans for Ukraine" campaign gave Emmer an "A excellent" rating, based on his past votes. Jordan received an "F very poor" rating, as did Representative Mike Johnson, the last speaker candidate eliminated before Emmer became the nominee. Republicans have a narrow 221-212 House majority, and many have voted for Ukraine aid, but the next speaker could quash more assistance before a proposal reaches the House floor if he opposed the idea.
Persons: Tom Emmer, Jonathan Ernst, Kevin McCarthy, McCarthy, Steve Scalise, Jim Jordan, Emmer, Together's, Jordan, Mike Johnson, Scalise, Joe Biden, Patricia Zengerle, Alistair Bell Organizations: Republican, U.S, Capitol, REUTERS, Rights, Republicans, Democrats, Emmer, Democratic, Biden, Thomson Locations: Washington , U.S, U.S, Washington, Kyiv, Russia, Ukraine, United States, corruptly, Israel, Taiwan
To win, he'll need support from nearly every House Republicans, having few votes to spare in a chamber they only narrowly control. “One person says disruption," Jordan told The Associated Press in 2017. That helped him land a coaching job at Ohio State University before his election to the Ohio legislature in the mid 1990s. I never saw, never, heard of, never was told about any kind of abuse,” Jordan told Fox News in 2018, suggesting that the allegations against him were politically motivated. Jordan repeatedly cast doubt on the outcome of the contest while organizing the House Republican response.
Persons: Jim Jordan, John Boehner, he'd, Boehner, Jordan, Donald Trump, Kevin McCarthy, Jordan speakership, Liz Cheney, ” Cheney, ” Jordan, , Bob Taft, , Richard Strauss, Strauss, ” Adam DiSabato, DiSabato, “ Jim Jordan, “ He’s, Polly, I’m, ’ ”, Matt Huffman, Joe Biden, Biden, corruptly, Trump, Scott Perry, Bryan Cutler, Mike Pence, Cassidy Hutchinson, Mark Meadows, ” Trump, Hutchinson Organizations: WASHINGTON, , Republican Party, Republican, Republicans, Capitol, Ohio State University, Associated Press, University of Wisconsin, GOP, Republican Gov, Caucus, Ohio State, Fox News, Congress, Trump, White, Committee, House Intelligence, Locations: , Dayton, Ohio, Columbus, Congress, Washington, Russia, House, Pennsylvania
He is charged with illegal campaign financing, embezzling, passive corruption and related counts. Investigators examined claims that Gadhafi’s government secretly gave Sarkozy 50 million euros for his winning 2007 campaign. The sum would be more than double the legal campaign funding limit at the time and would violate French rules against foreign campaign financing. After becoming president in 2007, Sarkozy welcomed Gadhafi to France with high honors later that year. In an unrelated case, Sarkozy was sentenced to a year of house arrest for illegal campaign financing of his unsuccessful 2012 reelection bid.
Persons: Nicolas Sarkozy, Sarkozy, , Moammar Gadhafi, Ziad Takieddine, Takieddine, Gadhafi, Gadhafi’s Organizations: PARIS, Sarkozy, NATO Locations: Libya, Lebanese, France
The logo of Credit Suisse is seen outside its office building in Hong Kong, China, August 8, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsZURICH, Oct 1 (Reuters) - Credit Suisse has reached an 11th-hour out-of-court settlement with Mozambique over the $1.5 billion-plus "tuna bond" scandal, the Swiss bank's new owner UBS (UBSG.S) said on Sunday, drawing a line under a damaging dispute it inherited. "The parties have mutually released each other from any liabilities and claims relating to the transactions," UBS said. The tuna bond case dates back to three deals between state-owned Mozambican companies and shipbuilder Privinvest - funded in part by loans and bonds from Credit Suisse and backed by undisclosed Mozambican government guarantees. UBS, which rescued scandal-scarred Credit Suisse amid turmoil in the global banking sector earlier this year, has a financial buffer of as much as $10 billion for litigation, JPMorgan analysts estimated in a note to clients on Wednesday.
Persons: Tyrone Siu, corruptly, Noele Illien, Kirsten Donovan Organizations: Credit Suisse, REUTERS, Rights, UBS, Privinvest, JPMorgan, Thomson Locations: Hong Kong, China, Mozambique, Swiss, London, Mozambican
CNN —Republicans are about to deliver on the driving purpose of their House majority – enacting Donald Trump’s retribution. Rather than try to solve the crisis, hardline House Republicans are driving the country toward a shutdown that Trump ordered up on social media, insisting it will will damage Biden, his potential general election rival. The two showdowns – and the return to power of Trump’s movement in the House – could shape the fate of the Republican House majority, which was narrowly won in last year’s midterm elections. But paradoxically, the tiny House majority – McCarthy can only lose four votes and still pass legislation on a party line – has given the most extreme GOP members more leverage. Some House Republicans are now refusing to vote for any temporary spending extension expected to come over from the Senate.
Persons: Donald Trump’s, Joe Biden, smarting, Biden, corruptly, , Kevin McCarthy, Vladimir Putin, Trump, McCarthy, Biden’s, Trump’s impeachments, – McCarthy, tormentors, Mary, , don’t, there’s, Mike Lawler, Ayanna Pressley, CNN’s Jake Tapper, , impeachments Organizations: CNN, Republicans, Trump, Republican House, GOP, Republican, Biden, Trump acolytes, Capitol, ” Democratic, Massachusetts, Wednesday, Transportation Security Administration Locations: Ukraine, Michigan, Detroit, California, Arizona, China, New York, San Francisco
Cory Booker gave an impassioned defense of Bob Menendez's character during a senators' lunch. AdvertisementAdvertisementSen. Cory Booker of New Jersey gave an impassioned defense of Sen. Bob Menendez's character during a closed-door lunch with other Democratic senators on Wednesday, according to four sources familiar with the meeting. In his Tuesday statement calling on Menendez to resign, Booker offered high praise for his colleague. "I've consistently found Senator Menendez to be intellectually gifted, tough, passionate, and deeply empathic. Senate Majority Leader Chuck Schumer, who's also known Menendez for decades, has so far declined to call for Menendez to resign.
Persons: Cory Booker, Bob Menendez's, Booker, Menendez, , Sen, Cory Booker of, I've, — Sen, Robin, Chuck Schumer, who's Organizations: Service, Cory Booker of New, Democratic, New, New Jersey Democrat Locations: Cory Booker of New Jersey, New York City, New Jersey, Egypt
Sen. Menendez has argued that he's being targeted for being a "first-generation Latino American." AdvertisementAdvertisementFellow Latino lawmakers in Congress aren't buying Sen. Bob Menendez's claims that he's being targeted by prosecutors for his heritage. "Latinos face barriers and discrimination across the board in so many categories, including in our justice system. AdvertisementAdvertisementInsider asked several of Menendez's Latino colleagues in the Senate on Tuesday what they made of his argument, including Republican Sens. Democratic Rep. Veronica Escobar of Texas also pushed back on Menendez's claims as she called on him to resign.
Persons: Sen, Menendez, it's, , Bob Menendez's, he's, Pete Aguilar, Aguilar, Phil Murphy, Marco Rubio, Ted Cruz, Democratic Sen, Ben Ray Luján, Rubio, Cruz, Alexandria Ocasio, Cortez, Veronica Escobar, Escobar Organizations: Service, Democratic, House Democratic Caucus, New, New Jersey Democrat, Gov, Democrats, Republican Sens, of Justice, Texas Tribune Locations: Pete Aguilar of California, New York, Egypt, New Jersey, Ted Cruz of Texas, New Mexico, Alexandria, Cortez of New York, Cortez, Veronica Escobar of Texas
Pennsylvania Democrat John Fetterman is calling on New Jersey Sen. Bob Menendez to resign. Fetterman said his colleague, facing corruption charges, shouldn't "wield influence" in the Senate. Menendez has resisted calls to step down, saying he is "not going anywhere." "Senator Menendez should resign," Fetterman wrote in a post on social media. Other leading Democrats have called for Menendez to leave Congress, including New Jersey Gov.
Persons: John Fetterman, New Jersey Sen, Bob Menendez, Fetterman, Menendez, Jersey Sen, corruptly, Andy Kim, Phil Murphy, Kevin McCarthy Organizations: New, Senate, Service, Democratic, , New, , New Jersey Rep, New Jersey Gov, Republican, Senate Foreign Relations Locations: New Jersey, Wall, Silicon, Jersey, Pennsylvania, ,, , New Jersey, Egypt
Mozambique is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others over three loans raised in 2013 and 2014, ostensibly to develop its fishing industry. In the Supreme Court case, Privinvest argued the dispute must be heard in secret arbitration proceedings. But senior judges unanimously allowed the case to be heard in a lengthy public trial in the High Court, due to begin on Oct. 3. The judgment validates Mozambique's decision to bring proceedings in the High Court, said Mozambique's London law firm Peters & Peters. The High Court ruled this month that Nyusi has state immunity.
Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Privinvest, Iskandar Safa, Peters, Peters & Peters, Safa, corruptly, Filipe Nyusi, Nyusi, Helen Taylor, Kirstin Ridley, Manuel Mucari, William James, Tomasz Janowski, Alexander Smith Organizations: General Assembly, REUTERS, Credit Suisse, Peters &, Privinvest, UBS, Mozambican, Corruption, Thomson Locations: Mozambique, New York City, U.S, Britain, Court, London, Lebanon, Abu Dhabi, United States, Mozambican, Maputo
Now, his proxies in the House GOP are effectively weaponizing an impeachment inquiry of Biden to try to again destroy Trump’s potential opponent in the next presidential election. Then-Vice President Biden attended two dinners with his son and his business associates in Washington, DC, although one of Hunter’s associates testified that no business was discussed. Biden’s political liabilitiesIn some ways, the White House has a political advantage. CNN’s White House team reported Wednesday that the administration had put into action a counter-impeachment plan even before McCarthy’s announcement. Video Ad Feedback James Carville wants Biden impeachment inquiry.
Persons: Joe Biden, Kevin McCarthy, McCarthy, Donald Trump, Biden, , Biden corruptly, Trump, Volodymyr Zelensky, Zelensky, Vladimir Putin, Hunter Biden, Obama, Joe Biden’s, Hunter’s, Hunter, White, haven’t, That’s, — McCarthy, Nancy Pelosi, CNN’s Manu Raju, Ken Buck, CNN’s Anderson Cooper, ” Buck, it’s, There’s, Jim Jordan, Hillary Clinton, Libya –, hasn’t, CNN’s, Biden’s, James Carville, Bill Clinton, feverishly, , I’ve, ” Biden Organizations: CNN, GOP, Biden, Trump, Republicans, Air Force, Democratic, Colorado Republican, Republican, White, Capitol, House, Republican House, White House Locations: Washington, Ukraine, Russian, China, Washington , DC, America, Congress, New York, Benghazi, Libya
At least three court cases touching legal issues that could affect special counsel Jack Smith’s approach are ripe for rulings from the DC Circuit. But the start of the new DC Circuit term in early September puts additional pressure on the circuit judges to clear out their opinions in lingering cases. Can investigators access data on the phone of a congressman who aided in Trump’s election reversal attempts? The DC Circuit has yet to decide whether investigators can access certain data from a phone of Perry’s that the FBI seized a year ago. However, Smith’s case as a criminal prosecution differs to the approach taken by the civil litigants in other ways.
Persons: Donald Trump, Jack Smith’s, Tanya Chutkan, Trump, Scott Perry, There’s, Smith, rioter Thomas Robertson, “ dishonestly, Karen Henderson, Nina Pillard, Florence Pan, Barack Obama, Joe Biden, Perry, Jeffrey Clark, Gregory Katsas, Neomi Rao, Ronald Reagan, Henderson, , Sri Srinivasan, Katsas, Judith Rogers, Obama, Bill Clinton Organizations: CNN, US, DC Circuit, Republican, Capitol, Trump, Department, FBI, Pennsylvania Republican, Democratic, Justice Department Locations: Washington ,, Pennsylvania
EXPLAINER: Trump’s Four Indictments
  + stars: | 2023-08-15 | by ( Lauren Camera | Kaia Hubbard | Feb. | ) www.usnews.com   time to read: +8 min
As president, Trump could try to pardon himself for federal crimes or otherwise seek to dismiss the Justice Department’s cases with “control” of the agency, his attorneys have said. Jurisdiction: U.S. District Court for the Southern District of Florida. Trial Date: May 20, 2024Sentence the Charges Carry: each carries a maximum fine of $250,000, with a maximum prison sentence of between five and 20 years. Jurisdiction: U.S. District Court for the District of ColumbiaTrial date: TBDSentence the Charges Carry: Each carries a maximum prison sentence of between five and 20 years. Willis had requested a trial date of Aug. 5, 2024, but McAfee has not yet settled on a date.
Persons: Donald Trump, Trump, , Michael Cohen, Stormy Daniels, Attorney Alvin Bragg, Juan Merchan, Merchan, Jack Smith, Aileen Cannon, Cannon, Walt Nauta, Carlos De Oliveira, Tanya Chutkan, Chutkan, District Attorney Fani Willis, Scott McAfee, Jenna Ellis, Sidney Powell, Kenneth Chesebro, bondsman Scott Hall, Willis, McAfee Organizations: of Columbia, GOP, White, Trump, Prosecutors, Manhattan, Attorney, New York, New, Donald Trump View, Department of Justice, U.S, Walt Nauta –, Mar, Southern, Southern District of, Washington , D.C, Justice, U.S ., Appeals, District of Columbia, District Attorney, Fulton County Superior Court of Locations: New York, Miami, Atlanta, reimbursing, Manhattan, New York County, Southern District, Southern District of Florida, Washington ,, United States, Georgia, Fulton County, Fulton County Superior Court of Georgia
Former President Donald Trump now faces a shocking total of 91 criminal counts against him. The nearly 100 felony counts stem from five indictments in four criminal cases handed down this year. The massive number of charges stems from four criminal indictments filed against Trump this year by both state and federal authorities. Hush-money settlement to Stormy DanielsThe first criminal case against trump is a state case connected to a $130,000 hush-money payment to the adult film actress Stormy Daniels. Trump faces 13 felony charges in the RICO case — a type of criminal case usually used against organized crime — and 18 other Trump allies were also charged.
Persons: Donald Trump, Trump, Stormy Daniels, weren't Organizations: Service, Trump, Capitol, Monday, GOP, White House Locations: Wall, Silicon, United States, Georgia
CNN —Cecily Aguilar, the woman charged in connection with the 2020 killing of Army Spc. Vanessa Guillen, has been sentenced to 30 years in federal prison. Aguilar pleaded guilty last year to one count of accessory after the fact, and three counts of making a false statement. Robinson died by suicide as authorities closed in on him in 2020, making Aguilar the only person charged in connection to Guillen’s death. Guillen, who was a 20-year-old private first class at the time of her death, went missing in April 2020.
Persons: Cecily Aguilar, Vanessa Guillen, Aguilar, Aaron Robinson, dismembering Guillen, Fort Hood, Robinson, Guillen, Jaime Esparza, “ Ms, Mayra Guillen, Vanessa’s, Cecily, , , Robinson “, Vanessa Guillen —, bludgeoning, Leon, Joe Biden, Vanessa Guillen ”, Natalie Khawam, ” Khawam Organizations: CNN, Army Spc, Spc, Western, Western District of, Google, Army, Military Locations: Fort Cavazos , Texas, Fort, Western District, Western District of Texas, Texas, Cavazos, Guillen’s
For the fourth time in as many months, former President Donald J. Trump was charged on Monday with serious crimes and what was once unprecedented has now become surreally routine. But a country of short attention spans has now seen this three times before and grown oddly accustomed to the spectacle. The Georgia indictment went further than previous ones by charging 18 others with collaborating in a criminal enterprise with the former president, including associates like Rudolph W. Giuliani, Mark Meadows, Jeffrey Clark and John Eastman. Yet most Americans made up their minds about Mr. Trump long before prosecutors like Fani T. Willis or Jack Smith weighed in, polls have shown. The Georgia indictment, powerful as it is in its language, has been priced into the market, as the Wall Street types would put it.
Persons: Donald J, Trump, Rudolph W, Giuliani, Mark Meadows, Jeffrey Clark, John Eastman, Willis, Jack Smith Locations: United States, Georgia
REUTERS/Andrew Kelly/File PhotoWASHINGTON, Aug 10 (Reuters) - Colombian conglomerate Grupo Aval (GAA.CN) and its bank subsidiary will pay over $80 million to settle charges of violating anti-corruption laws, U.S. authorities said on Thursday. After the settlement was reached, Grupo Aval said the Justice Department did not bring any enforcement action and the SEC did not make a claim against the company for bribery. Corficolombiana will pay a criminal penalty of $40.6 million, the U.S. Justice Department said in a statement. Corficolombiana had conspired with Brazilian construction firm Odebrecht to pay bribes to Colombian government officials, according to prosecutors. Corficolombiana also agreed to continue enhancing its compliance program and providing reports to the Justice Department regarding remediation and the implementation of compliance measures, the Justice Department said.
Persons: Andrew Kelly, Grupo Aval, Corficolombiana, Odebrecht, Kanishka Singh, Isabel Woodford, Leslie Adler, David Gregorio Our Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Grupo Aval, U.S . Foreign, U.S . Justice Department, Securities and Exchange Commission, SEC, Grupo, Justice Department, Odebrecht, U.S, Thomson Locations: Washington ,, Colombian, disgorgement, Swiss, Peru, Mexico, Argentina, Colombia, U.S, Washington
Ft. Pierce, Florida CNN —A Mar-a-Lago property manager and former President Donald Trump’s personal aide are set to be arraigned Thursday morning in Fort Pierce, Florida, on new charges brought by the special counsel in the case regarding the mishandling of classified documents. Carlos De Oliveira, the Florida property manager, and Trump’s body-man Walt Nauta have been charged with multiple offenses related to Trump’s allegedly unlawful retention of documents after leaving office, including classified material. Nauta, who was charged alongside Trump earlier this summer, pleaded not guilty to the charges he faced in the original indictment. The charges Nauta and De Oliveira face include making false statements, conspiracy to obstruct justice and corruptly altering, destroying, mutilating, or concealing documents. The indictment also alleges that Nauta and De Oliveira had asked an employee if they could delete security footage at Mar-a-Lago.
Persons: Donald Trump’s, Carlos De Oliveira, Walt Nauta, De Oliveira, Trump, Nauta, Organizations: Pierce , Florida CNN, Trump Locations: Pierce , Florida, Lago, Fort Pierce , Florida, Florida, Nauta
“President Biden’s defenders purport a weak defense by asserting the Committee must show payments directly to the President to show corruption,” the House Oversight Republicans wrote. “It appears no real services were provided other than access to the Biden network, including Joe Biden himself. Even though Hunter Biden was not directly involved, House Oversight Republicans are attempting to show how a portion of the $3.5 million was transferred into multiple accounts until it entered an account connected to Hunter Biden. In a 2020 Senate report, Republicans revealed the existence of the payment from Baturina to a company tied to Hunter Biden’s business associates. The memo focuses on deals and transactions Hunter Biden made with foreign oligarchs and leaders in Russia, Ukraine and Kazakhstan.
Persons: Joe Biden, Hunter, Biden’s, ” Hunter Biden, Republicans –, Donald Trump –, Biden, , Ian Sams, , Jamie Raskin, Trump’s, Hunter Biden, Joe Biden’s, James Comer, Devon Archer, Archer, Yelena Baturina, Café, , ” Archer, Hunter Biden’s, Comer Organizations: CNN, , Republicans, Biden Administration, White, House Republicans, Democrat, Democratic, “ Republicans, Republican, Burisma, Café Milano Locations: Maryland, Kazakhstan, Russia, Ukraine, Kentucky, Ukrainian, Burisma
In accusing former President Donald J. Trump of conspiring to subvert American democracy, the special counsel, Jack Smith, charged the same story three different ways. The charges are novel applications of criminal laws to unprecedented circumstances, heightening legal risks, but Mr. Smith’s tactic gives him multiple paths in obtaining and upholding a guilty verdict. That structure in the indictment is only one of several strategic choices by Mr. Smith — including what facts and potential charges he chose to include or omit — that may foreshadow and shape how an eventual trial of Mr. Trump will play out. The four charges rely on three criminal statutes: a count of conspiring to defraud the government, another of conspiring to disenfranchise voters, and two counts related to corruptly obstructing a congressional proceeding. Applying each to Mr. Trump’s actions raises various complexities, according to a range of criminal law experts.
Persons: Donald J, Trump, Jack Smith, , Julie O’Sullivan, Smith Organizations: Georgetown University
The new indictment against Trump argues he knew his claims of fraud in the 2020 election were lies. According to the indictment, Trump knew that his opponent Joe Biden won the contest, but lied anyway in a last-ditch effort to cling to power. If he does prove that Trump knew he lost, then it's off to the races." Proving Trump knew he was lying helps prove criminal intentConvincing a jury that Trump knew the election results were legitimate would be one of several ways that Smith could prove Trump acted with criminal intent. Even your own counsel is not saying I have that authority," Pence told Trump, according to the indictment.
Persons: Trump, Donald Trump, Joe Biden, Biden, Robert Kelner, Ryan Goodman, Jack Smith, Goodman, Smith, , He's, Trump's, Jean Carroll, Carroll, Mike Pence —, he'd, Sidney Powell's, Rudy Giuliani, Sidney Powell, Tom Williams, Pence —, Pence, John Eastman, Eastman, Goodman —, BRENDAN SMIALOWSKI, Getty Images Trump, It's, Brad Raffensperger, Rusty Bowers —, Raffensperger, Mike Pence, Rusty Bowers, Smith doesn't Organizations: Service, Trump, Washington, New York University . Justice, Senior White House, Defendant, Inc, Getty, Just Security, Getty Images, Arizona, National Archives, Justice Department, Capitol Locations: Wall, Silicon, Washington ,, AFP, Pence, Georgia, Arizona
NEW YORK, July 28 (Reuters) - Sam Bankman-Fried must be jailed pending his October fraud trial over the collapse of the FTX cryptocurrency exchange he founded because he is trying to intimidate witnesses and influence their testimony, prosecutors said on Friday. Prosecutors first made their surprise request to detain Bankman-Fried before his Oct. 2 trial at a Wednesday hearing, where Kaplan barred Bankman-Fried from discussing the case. Prosecutors had in January accused Bankman-Fried of seeking to influence the testimony of an FTX lawyer. Ellison pleaded guilty to fraud charges and is expected to testify against Bankman-Fried at trial. Two former FTX executives, Gary Wang and Nishad Singh, have also pleaded guilty over FTX's collapse and agreed to cooperate with prosecutors.
Persons: Sam Bankman, Palo, Caroline Ellison's, District Judge Lewis Kaplan, Fried, Ellison, Bankman, Kaplan, Prosecutors, Gary Wang, Nishad Singh, Luc Cohen, Daniel Wallis Organizations: YORK, New York Times, Times, District, Alameda Research, Prosecutors, Bankman, Thomson Locations: Palo Alto , California, Bahamas, U.S, Manhattan, Alameda, New York
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Federal prosecutors asked a judge to revoke FTX founder Sam Bankman-Fried's bail in a Manhattan court filing Friday, claiming that the billionaire had violated the terms of the release and repeatedly tampered with witnesses. A federal prosecutor argued in court Wednesday that "no set of release conditions can ensure the safety of the community." Prosecutors and Bankman-Fried's team met in federal court Wednesday after Bankman-Fried leaked the private diaries of his former girlfriend, Caroline Ellison, to a New York Times reporter. Federal prosecutors alleged that Bankman-Fried's only intent in sharing Ellison's diary was to intimidate her.
Persons: Sam Bankman, Fried, District Judge Lewis A, Kaplan, Caroline Ellison, Ellison, FTX Organizations: Federal Court, District, Prosecutors, New York Times, Bankman Locations: New York, United States, Manhattan, U.S, Bahamas
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