DIRS.INFO The most relevant business & tech news

☆ Sam Bankman-Fried and FTX execs received billions in hidden loans, ex-Alameda CEO says
▼ + stars: | 2022-12-23 | by ( ) www.nbcnews.com time to read: +3 min

Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge when she pleaded guilty to her role in the exchange’s collapse. Ellison and FTX co-founder Gary Wang both pleaded guilty and are cooperating with prosecutors as part of their plea agreements. 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 capital Nassau on Dec. 12 and arrived in the United States on Wednesday after consenting to extradition.

☆ Sam Bankman-Fried's bail was set at a whopping $250 million — but that's still much less than some monster bonds. Here are some of the biggest.
▼ + stars: | 2022-12-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Sam Bankman-Fried's $250 million bail is one of the largest ever posted. But one friend of Donald Trump has also posted that amount, with others set in the billions. Many were reduced on appeal, like a Texas murderer's $4 billion that was set by a grumpy official. But SBF's massive bail pales in comparison with the $3 billion set for Robert Durst in 2003, or a Texas murderer's $4 billion. They were later reduced on appeal, but Trump associate, Tom Barrack, has also posted $250 million for bail.

FTX co-founder Sam Bankman-Fried, who is accused of misappropriating billions of dollars deposited in the crypto currency exchange, will be released on $250 million personal recognizance bond, a federal judge in New York ruled Thursday. Bankman-Fried, wearing a dark blue suit and tan shoes, walked into court with shackles around his ankles. A recognizance bond is a written commitment from the accused to appear in court when ordered. Bankman-Fried’s parents, both Stanford Law professors, were in the courtroom. Sam Bankman-Fried, center, arrives at the Magistrate Court building for a hearing in Nassau, Bahamas, on Dec. 21, 2022.

☆ Sam-Bankman Fried to be released on $250 million bail and will be required to stay with parents ahead of FTX trial
▼ + stars: | 2022-12-22 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

Sam Bankman-Fried was granted release on $250 million bail at a court hearing Thursday. He will be required to surrender his passport and stay with his parents ahead of a federal trial on a list of charges tied to the failure of FTX. Bankman-Fried will be required to attend a court hearing in California at 10 a.m. Friday, Gorenstein ruled. Another court hearing is scheduled for January 3 in Manhattan, where Bankman-Fried is expected to enter a plea. Criminal allegations against Ellison and Wang, first filed on December 19, were unsealed in court on Thursday morning ahead of Bankman-Fried's court appearance.

FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate's Court on December 21, 2022 in Nassau, Bahamas. FTX founder Sam Bankman-Fried will be released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. Judge Gabriel Gorenstein said Bankman-Fried would require "strict" supervision following his release to his parents' home in California. Bernie Madoff posted a $10 million bond while awaiting trial on his multibillion-dollar Ponzi scheme. Jeff Skilling, former Enron CEO, posted a $5 million bond, while Elizabeth Holmes, Theranos founder, posted a scant $500,000.

☆ Explainer: How did Bankman-Fried secure $250 mln bail?
▼ + stars: | 2022-12-22 | by ( Jack Queen | ) www.reuters.com time to read: +4 min

Dec 22 (Reuters) - FTX founder Sam Bankman-Fried clinched a bail deal on Thursday that would see him released on a $250 million bond secured against his parents' property with restrictions on his movement. Here is an explainer on how his deal stacks up and how bail works:Was Bankman-Fried expected to get bail? Does the bail amount mean Bankman-Fried or his family has $250 million? In Bankman-Fried's case, the $250 million bond is secured by his parents' home. The $250 million bond does not reflect the family's assets, which could not be determined.

☆ Boks shuffle pack ahead of Italy test as Wiese returns
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

Nov 15 (Reuters) - South Africa coach Jacques Nienaber has made several changes to his pack with the return of number eight Jasper Wiese and a new lock pairing for the autumn international test against Italy in Genoa on Saturday. He replaces Kwagga Smith, while Salmaan Moerat and Marvin Orie make up the second row with Eben Etzebeth rested on the bench and Franco Mostert moving to flank in place of Pieter-Steph du Toit. "It’s also good to have Jasper back against the physical Italian pack, and we know that Kwagga will spark something different when he takes the field. "Evan (Roos) also gets a chance off the bench and his skills will work well with Kwagga’s in the loose trio." Italy have had some past joy against the Springboks, beating them for the first time 20-18 in Florence six years ago.

☆ Fact Check-Preventing transmission never required for COVID vaccines’ initial approval; Pfizer vax did reduce transmission of early variants
▼ + stars: | 2022-10-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +11 min

To get emergency approval, companies needed to show that the vaccines were safe and prevented vaccinated people from getting ill. They did not have to show that the vaccine would also prevent people from spreading the virus to others. Pfizer ‘vaccine’ wasn’t intended to prevent transmission. The newest family of Omicron variants has further eroded vaccine effectiveness against infection and transmission (here) . But even Omicron does not escape vaccine protection completely.

☆ Nikola founder Trevor Milton found guilty of fraud over statements he made while CEO of the EV company
▼ + stars: | 2022-10-14 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

Milton was charged with two counts of securities fraud and two counts of wire fraud, all related to statements he made about Nikola's business while he was chairman and CEO of the company. Jurors found him guilty on one count of securities fraud and both of the wire fraud counts. "Trevor Milton lied to Nikola's investors — over and over and over again. For a short period, Nikola – a company with no revenue – was more valuable than century-old Ford Motor. Although Milton still owns Nikola stock, the company had otherwise cut ties with him.

☆ O nouă tehnică inventată de o infirmieră pentru a extrage doze suplimentare de vaccin anti-COVID
▼ + stars: | 2021-04-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

O nouă tehnică care permite extragerea mai multor doze de vaccin anti-Covid-19 ar putea contribui la imunizarea unui număr mai mare de persoane. Metoda a fost inventată de infirmiera finlandeză Sari Roos și se bazează pe bule de aer. Sari Roos extrage apoi doza exactă, pe care o completează cu aer steril din flacon, scrie Agerpres. "Numărul dozelor suplimentare este important", a declarat Jutta Peltoniemi, medic specializat în boli infecţioase în oraşul Turku din sud-vestul Finlandei. Aceste doze suplimentare salvează vieţi", a adăugat Sari Roos, scrie digi24.ro.

Persons: Roos, Jutta Peltoniemi Organizations: Agerpres Locations: Danemarca, Helsinki, Finlanda, UE, Turku, Finlandei, .

Aceasta este o specie de maimuţă-langur - Trachypithecus, după denumirea sa ştiinţifică - endemică în subcontinentul indian şi Asia de Sud-Est, numită după Muntele Popa, un sit sacru situat pe un vulcan inactiv din centrul Myanmarului. În această zonă a fost localizat cel mai mare grup al speciei, cu o sută de indivizi. Alte trei grupuri de Trachypithecus popa au fost identificate, tot în centrul Myanmarului, numărul total al exemplarelor fiind între 200 şi 250, citează Agerpres. „Abia identificată, maimuţa-langur Popa este deja ameninţată cu dispariţia", a avertizat Frank Momberg, unul dintre cercetătorii de la FFI, citaţi într-un comunicat. „Noi studii pe teren şi măsuri de protecţie urgente vor fi efectuate de FFI şi de alţii pentru a salva maimuţele-langur de la dispariţie", a subliniat Ngwe Lwin, primatolog în cadrul proiectului din Myanmar al organizaţiei de mediu.

Persons: Popa, Frank Momberg, Christian Roos Organizations: Flora International, FFI, DPZ Locations: Primatologie, Asia de Sud - Est, britanice, Singapore, Londra, Myanmar

Search resuls for: "Roos"

11 mentions found