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☆ Manhattan DA cites Trump's lack of impulse control in request for gag order in hush money trial
▼ + stars: | 2024-02-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Prosecutors have asked the judge overseeing former President Donald Trump's upcoming criminal trial in Manhattan to gag him, arguing he can't control himself from inciting his followers to attack witnesses, jurors, and court staff. Under the gag order, Trump would additionally be forbidden from attacking jurors, staff members at the DA's office and the court, and the employees' families. The attacks triggered waves of antisemitic and sexist threats, and an appeals court upheld the gag order that Engoron imposed. Trump could not be trusted with moderating his own comments unless the judge issued a gag order, prosecutors wrote.

Persons: —, Donald Trump's, Defendant, Attorney Alvin Bragg, Trump, Stormy Daniels, Juan Merchan, Bragg, Prosecutors, Arthur Engoron, — Trump Organizations: Service, Prosecutors, Manhattan, Attorney, Trump, New, Trump Organization Locations: Manhattan, Washington, DC, York

☆ Manhattan D.A. seeks gag order on Trump ahead of hush money trial
▼ + stars: | 2024-02-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

The Manhattan District Attorney's Office on Monday asked a judge to impose a gag order on former President Donald Trump ahead of his upcoming trial on charges of falsifying business records related to a 2016 hush money payment to a porn star. Prosecutors want Trump barred from making public comments about witnesses jurors, trial prosecutors, members of the court staff, and any relatives of lawyers and court staff involved in the case. They also want him barred from directing others to make public statements any prospective juror or jurors in the trial. "And the need for such protection is compelling," Bragg's office said in its request, filed in Manhattan Supreme Court. Trump would be allowed to make public statements about Bragg under the proosed gag order.

Persons: Donald Trump, Stormy Daniels, Trump, D.A, Alvin Bragg's, Juan Merchan, Bragg Organizations: U.S, Manhattan, Attorney's, Prosecutors, Trump, Washington , D.C Locations: Manhattan, New York City, Washington ,

☆ Walmart and Amazon face legal trouble for using a points system to track and fire employees over absences: lawyers
▼ + stars: | 2024-02-21 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +18 min

AdvertisementWalmart would not provide details on its points-based attendance system to Business Insider. AdvertisementSimilar to Walmart's policy, Amazon uses a points-based attendance system that could land employees in hot water if they hit eight points in a rolling 60-day period, according to the company. Many companies, including mid-size ones, have started to implement a points-based system to track lateness and absences, Zambrano noted. Amazon disputed the description of its points-based attendance system as totally "automated." "The attendance system works very similar to a standard time clock system," Stephenson, Amazon's spokesperson, told Business Insider.

Persons: Ron Zambrano, Zambrano, Lizzo, Nick Yasman, Yasman, Kelly Hellbusch, Hellbusch, Julio Cortez, Sam Stephenson, Stephenson, There's, Patricia Caputo, " Caputo, Caputo, Artur Widak, Amazon, Caputo wasn't, Mekaliah Torres, Torres, David Wagner, Wagner, Larreon Murphy, Murphy, they're, Elizabeth Gedmark, Gedmark Organizations: Walmart, Trial, Amazon, Business, West Coast, Lawyers, Employees, West Coast Trial, AP, United, Zambrano , West, California's Kern County Superior Court, Superior Court, California's Riverside County Superior Court, California's Sacramento County Superior Court Locations: California, Amazon, New York, Zambrano ,, California's Kern County, California's Fresno, California's Riverside County, California's Sacramento County

☆ Fani Willis' workplace romance — and just how inappropriate it is — takes center stage in Trump's Georgia criminal case
▼ + stars: | 2024-02-14 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +6 min

These accusations have taken center stage in Trump's criminal prosecution, with Roman's team issuing subpoenas to Wade, Willis, and half a dozen witnesses who have worked with them. The center of Thursday's hearing will be whether either prosecutor has a conflict of interest in the case. Roman's attorneys must prove that Willis acquired a personal interest or stake in the defendant's conviction — and that it is "actual conflict" and not simply speculative. Her lawyers have written that no financial or personal conflict of interest justifies disqualification — and pointed to two ongoing relationships between defense attorneys in the case. Attorneys for Willis and Wade asked McAfee to keep them both off the witness stand on Thursday.

Persons: —, Nathan Wade —, Fani Willis, Donald Trump, Wade, Willis, Mike Roman, Trump, codefendant, Scott McAfee, John C, Floyd III, Nathan Wade, John Bazemore, Elijah Nouvelage, McAfee, Terrence Bradley, Ashleigh Merchant, Bradley, Natalie Musumeci Organizations: Service, Fulton, DA, Business, luxe, AP, Washington Post, Attorney Locations: Georgia, Fulton County, Atlanta, Aruba, Belize

☆ Judge denies Peter Navarro’s bid to remain out of prison while appealing contempt of Congress case
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: +3 min

A federal judge on Thursday denied Trump White House official Peter Navarro's bid to remain out of prison while he appeals his contempt of Congress conviction for refusing to cooperate with an investigation into the Jan. 6, 2021, attack on the U.S. Capitol. The former White House trade adviser under President Donald Trump had asked to be free while he fights that conviction and sentence in higher courts. The judge said Navarro hasn't shown that any of the issues he will raise on appeal are "substantial" questions of law. Former White House adviser Steve Bannon previously received a four-month sentence but is free pending appeal. The House committee spent 18 months investigating the insurrection, interviewing over 1,000 witnesses, holding 10 hearings and obtaining more than 1 million pages of documents.

Persons: Peter Navarro, Donald Trump, Peter Navarro's, Navarro, Judge Amit Mehta, Navarro hasn't, Mehta, Barack Obama, Navarro didn't, Trump, Steve Bannon, Jack Smith, Joe Biden Organizations: U.S, Trump White House, U.S . Capitol, White, Bureau of Prisons, Trump, Capitol, Republican Locations: Washington

☆ Jury begins deliberations in manslaughter trial of Michigan school shooter’s mother Jennifer Crumbley
▼ + stars: | 2024-02-05 | by ( Eric Levenson | Lauren Del Valle | ) edition.cnn.com time to read: +7 min

Over a week of testimony, law enforcement officials, school employees, shooting victims and those who knew Jennifer Crumbley testified for the prosecution. Jennifer Crumbley took the stand in her own defense and, in a remarkable moment, expressed no regret for her actions. Their son Ethan pleaded guilty to one count of terrorism causing death, four counts of murder and 19 other charges related to the deadly rampage. But in her testimony, Crumbley testified that safely storing the gun was her husband’s responsibility. Jennifer Crumbley testified the school meeting was “nonchalant” and “brief.”“We agreed that it might stress him out more to do his school remotely the rest of the day.

Persons: Jennifer Crumbley, CNN —, Ethan, “, Karen McDonald, Ethan himself, Shannon Smith, it’s, ” Smith, “ I’ve, ”, Crumbley’s, James, Prosecutors, Hana St, Juliana, Justin Shilling, Madisyn Baldwin, Tate Myre, Crumbley, Ethan “, ” McDonald, Tate, Madisyn, Justin Organizations: CNN, Oxford High School, Defense, CNN First Locations: Michigan, Oakland

U.S. District Judge Royce Lamberth condemned the depiction by Trump and Republican allies of Jan. 6 defendants as “political prisoners” and “hostages." Lamberth also denounced attempts to undermine the legitimacy of the justice system for punishing rioters who broke the law when they invaded the Capitol. Photos You Should See View All 45 ImagesAt least two other rioters shouted “Trump won!” in court after receiving their punishment. Lamberth had originally sentenced Little in 2022 to 60 days behind bars, followed by three years of probation. “Little cannot bring himself to admit that he did the wrong thing, although he came close today,” Judge Lamberth wrote.

Persons: Royce Lamberth, Trump, ”, Lamberth, Ronald Reagan, Marc Bru, ” Bru, “ Trump, Rachel Marie Powell, Judge Amit Mehta, " Mehta, Barack Obama, Peter Schwartz, You’re, Alexei Navalny, “, James Little, Little, Little’s, Judge Lamberth, Christopher Cooper, Richard “ Bigo ” Barnett, Nancy Pelosi’s, ” Cooper, Barnett, ____ Richer Organizations: District, Republican, Capitol, Trump, White, CNN, Washington , D.C, House, The Associated Press, J6 Locations: Pennsylvania, Kentucky, Washington ,, North Carolina, Arkansas, Boston

☆ Doctor Who Prescribed More Than 500,000 Opioid Doses Has Conviction Tossed
▼ + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Jonathan Stempel(Reuters) - A Virginia doctor who prescribed more than 500,000 opioid doses in less than two years had his conviction and 40-year prison sentence thrown out by a federal appeals court on Friday, because the jury instructions misstated the law. Circuit Court of Appeals in Richmond, Virginia also ordered a new trial for Joel Smithers, 41, who has been serving his sentence in an Atlanta prison. Overprescription of painkillers is one of the main causes of the nation's opioid crisis. Prosecutors said Smithers prescribed controlled substances including fentanyl, hydromorphone, oxycodone and oxymorphone to every patient he saw at the Martinsville, Virginia office he opened in August 2015. Circuit Court of Appeals, No.

Persons: Jonathan Stempel, Joel Smithers, Prosecutors, Smithers, Roger Gregory, Christopher Kavanaugh, Beau Brindley, resoundingly, Bill Berkrot Organizations: U.S, Circuit, U.S . Centers for Disease Control, Prevention, Supreme, of, 4th U.S Locations: Virginia, Richmond , Virginia, Atlanta, United States, Martinsville , Virginia, U.S, Western, of Virginia, 4th, New York

☆ Florida anger management therapist accused of murdering a homeless man after a dispute, say police
▼ + stars: | 2024-01-27 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Travis McBride, 46, is accused of fatally shooting homeless man Clinton Dorsey. The victim's body was found stashed in the trunk McBride's car, the state attorney office said. AdvertisementTravis McBride, a 46-year-old therapist specializing in anger management, was charged with alleged first-degree premeditated murder and tampering with physical evidence, NBC News reports. Authorities in DeLand, Florida, took McBride into custody on Thursday in connection with the death of 51-year-old homeless man Clinton Dorsey. "The defendant is accused of shooting a man multiple times off of Frankfort Avenue in DeLand on January 17, 2024.

Persons: Travis McBride, Clinton Dorsey, —, McBride, Dorsey, McBride's, R.J Organizations: Service, NBC, Authorities, DeLand Police, DeLand Police Department, NBC News, State Attorney, Judicial Circuit, Police, Mental Health, Business Locations: Florida, DeLand , Florida, Volusia County, DeLand, Frankfort

☆ Dunkin' is being sued for $5 million by lactose intolerant customers who say charging extra for non-dairy milk is discriminatory
▼ + stars: | 2024-01-24 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Dunkin' is being sued in the US by 10 plaintiffs who are lactose intolerant and have milk allergies. The plaintiffs were charged extra for requesting non-dairy milk alternatives in its stores in the period since 2018. AdvertisementDunkin' is facing a $5 million class action lawsuit based on claims that it discriminates against customers with lactose intolerance and milk allergies by charging them extra for non-dairy milk alternatives. The lawsuit states: "Defendant's Surcharge is the same for all Non-Dairy Alternatives, making no distinction among the costs of the various different Non-Dairy Alternatives. Starbucks also came under fire in 2020 for imposing a "tax" which charged people extra for seeking non-dairy milk alternatives for ethical, environmental or medical reasons.

Persons: Dunkin, —, vegans Organizations: Service, Court, Business, Dairy, PETA Locations: Northern California

☆ Griselda Blanco's family says Netflix acted like her son, Michael Blanco, 'did not exist' after he shared his mother's story with the streamer
▼ + stars: | 2024-01-20 | by ( Eve Crosbie | Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Griselda Blanco's son has sued Sophia Vergara and Netflix to block the release of "Griselda." In a statement to BI, the Blancos said Netflix should compensate Michael Blanco for sharing his story. In the suit, Michael Blanco says the show's creators used his "private artistic literary work" without permission or credit, which has created "irreparable harm." Representatives for Latin World Entertainment and Vergara did not respond to requests for comment from Business Insider made outside regular working hours. Netflix"Make no mistake, Michael Blanco is humble and thrilled each and every time someone reaches out to shine a light on his mother and the Blanco family," the statement continues.

Persons: Griselda Blanco's, Sophia Vergara, Griselda, Michael Blanco, —, Griselda Blanco, Sofía Vergara, TMZ, Michael, Vergara, Blanco, Andres Hernando Lopez, Rafael Alfredo Rojas Vega, Lopez, Rojas Vega, Luis Balaguer, Melissa Escobar, Catherine Zeta, Jones Organizations: Netflix, Service, Dade, Business, Entertainment Locations: Colombian, Florida's Miami, Dade County, Spanish

☆ US aims to show Trump's history of vote fraud claims at 2020 election trial
▼ + stars: | 2023-12-05 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Former U.S. President Donald Trump attends a Manhattan courthouse trial in a civil fraud case in New York, U.S., October 18, 2023. The case in Washington federal court is one of four criminal prosecutions facing Trump as he seeks to challenge Democratic President Joe Biden in the 2024 election. Trump continues to argue that his 2020 loss to Biden was the result of widespread fraud, a false claim that was rejected by multiple courts, state reviews and members of Trump's own administration. Trump is scheduled to stand trial beginning in March on charges that he interfered in the counting of votes and sought to block Congress’ certification of the 2020 election. Prosecutors have accused Trump of spreading “destabilizing lies” about widespread voter fraud to sow distrust in the election.

Persons: Donald Trump, Michael M Santiago, Jack Smith's, Trump, Barack Obama, Mitt Romney, Hillary Clinton, Joe Biden, Biden, Andrew Goudsward, Scott Malone, Nick Zieminski Organizations: U.S, Rights, Republican, Democratic, Trump, Prosecutors, Thomson Locations: Manhattan, New York, U.S, Washington

☆ The feds are going to use Trump's tweets dating back to 2012 that baselessly claimed election fraud against him
▼ + stars: | 2023-12-05 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Jack Smith plans to use Trump's tweets, from as far back as 2012, in his 2020 election trial. The tweets show Trump's "plan of falsely blaming fraud for election results," a court filing alleges. AdvertisementWhen Trump launched his own campaign in the 2016 election, he repeatedly claimed that there would be widespread voter fraud. Prosecutors highlighted an October 2016 tweet — approximately two weeks before Election Day — in which Trump said, "there is large scale fraud happening on and before election day. The feds argue in the new filing that these tweets demonstrate Trump's "common plan of falsely blaming fraud for election results he does not like, as well as his motive, intent, and plan to obstruct the certification of the 2020 election results and illegitimately retain power."

Persons: Trump, Jack Smith, —, Donald Trump, baselessly, Mitt, Romney, Barack, Obama, Tanya Chutkan, Chutkan Organizations: Twitter, Service, Trump, Prosecutors Locations: United States

Frank Rocco Giustino pleaded guilty in February to a misdemeanor charge related to the Jan. 6, 2021, riot at the Capitol. U.S. District Judge James Boasberg told Giustino that he seemed to have no remorse for his conduct on Jan. 6 or any respect for the court's authority. I think the U.S. marshal should come after you, not me,” Giustino told the judge, punctuating his rant with expletives directed at a prosecutor. Giustino pleaded guilty in February to parading, demonstrating or picketing in a Capitol building, a misdemeanor with a maximum sentence of six months of incarceration. Nearly 900 of them have pleaded guilty or been convicted by juries or judges after trials.

Persons: Trump, profanely, Frank Rocco Giustino, James Boasberg, Giustino, I've, ”, Prosecutors, “ We’re, ” Giustino, punctuating, expletives, Attorney Douglas Collyer, “, ” Collyer, Joe Biden's, ’ Organizations: WASHINGTON, U.S . Capitol, U.S, District, Capitol, Attorney, Facebook, Trump, Republican, Washington , D.C Locations: York, U.S, Florida, Washington ,

☆ Jack Smith is fed up with Trump's repeated attempts to delay his Jan. 6 trial in DC
▼ + stars: | 2023-11-13 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Jack Smith is quickly losing patience with Trump's efforts to delay his trial in Washington, DC. "The Court should deny the defendant's latest attempt at delay," prosecutors wrote in response to a motion from Trump's lawyers. They also alluded to Trump's repeated requests for special treatment based on his status as a former president. "The Court should deny the defendant's latest attempt at delay," prosecutors wrote in a new filing. But prosecutors noted that their "oversized" filing was one page shorter than the motion it was responding to.

Persons: Jack Smith, Trump's, —, Donald Trump's, Trump Organizations: Service, Government Locations: Washington ,

[1/10] Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 6, 2023. You’ve made it important, but it wasn’t," Trump said of the estimates. New York state lawyers argued in their lawsuit that the estimates misled lenders and insurers, earning him $100 million and exaggerating his wealth by $2 billion. Trump's crowded legal calendar threatens to take him off the campaign trail for much of next year. The trial was originally scheduled to run through early December but could wrap up sooner as the state calls its final witnesses this week.

Persons: Donald Trump, David Dee Delgado, Trump, Judge Arthur Engoron, Engoron, Letitia James, “ I’m, Trump's, Mr Kise, Christopher Kise, James, Eric, Donald Jr, Michael Cohen, Ivanka, Jack Queen, Luc Cohen, Andy Sullivan, Scott Malone, Lisa Shumaker, Grant McCool Organizations: U.S, Trump Organization, Court, REUTERS Acquire, New York, Trump, New York Democrats, Republican, Thomson Locations: New York, Manhattan, New York City, U.S, Doral, Florida, York, Lago, glower, New

☆ Donald Trump to testify in New York fraud case that threatens his business
▼ + stars: | 2023-11-06 | by ( Jack Queen | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +4 min

[1/2] Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File Photo Acquire Licensing RightsNEW YORK, Nov 6 (Reuters) - Donald Trump returns to a New York courtroom on Monday, where he will take the witness stand in a civil fraud trial that threatens to diminish the real-estate empire that built his reputation before he entered politics. New York Attorney General Letitia James is seeking $250 million in fines, as well as restrictions that would prevent Trump and his sons Eric and Donald Jr from doing business in their home state. Judge Arthur Engoron has already canceled business certificates for companies that control large portions of his business, though that order is on hold during appeal. Trump's daughter Ivanka is due to testify on Wednesday, though she is not a defendant in the case.

Persons: Donald Trump, Dave Sanders, Trump, Letitia James, Eric, Donald Jr, Judge Arthur Engoron, Michael Cohen, James, Ivanka, Jack Queen, Andy Sullivan, Scott Malone, Nick Zieminski Organizations: U.S, Trump Organization, Court, New York, Trump, New York Democrats, Republican, Thomson Locations: New York, Manhattan, New York City, U.S, York, Lago, Florida, glower, New

☆ Trump 'stands alone in American history for his alleged crimes,' special counsel says
▼ + stars: | 2023-11-06 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former U.S. President and current Republican presidential candidate Donald Trump attends a campaign rally in Sioux City, Iowa, U.S. October 29, 2023. Donald Trump "stands alone in American history for his alleged crimes" related to trying to overturn his loss in the 2020 presidential election , special counsel Jack Smith 's office said in a court filing Monday. "But the defendant stands alone in American history for his alleged crimes." The other filing alleged that Trump "has promoted and extolled the events of that day. While the violent attack was ongoing, the defendant told rioters that they were 'very special' and that 'we love you.'

Persons: Donald Trump, Smith, Jack Smith, Smith's, Tanya Chutkan, Trump, Joe Biden Organizations: U.S, Republican, Capitol Locations: Sioux City , Iowa, U.S, Washington ,

☆ Sam Bankman-Fried faces over 100 years in prison at sentencing. Experts weigh in on how much time he'll actually get
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question of how long he'll remain in prison, however, is one that Judge Lewis Kaplan will spend the next few months deliberating by himself. "So I should preface this by saying I'm not a lawyer," Bankman-Fried began one answer. After several dozen of these instances, the government often presented evidence that would either directly refute the defendant's testimony or offer an answer to the question Bankman-Fried had dodged. So now, the question of prison time goes to Judge Kaplan.

Persons: Sam Bankman, Lewis Kaplan, Kaplan, Judge Kaplan, I'm, Fried, FTX, Danielle Sassoon, wasn't Organizations: Southern, of, Massachusetts Institute of Technology, CNBC Locations: of New York, Manhattan, Alameda, FTX

☆ Starbursts, smuggled coffee and Martin Shkreli: How CNBC reported the Sam Bankman-Fried trial
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

Artist: Elizabeth WilliamsJust before 8 p.m. on Thursday, 12 jurors found Sam Bankman-Fried guilty of all seven counts against him. (CNBC put out a note requesting access ahead of the trial — an email which was ultimately ignored.) Every exit to file a report included another breakneck trip through security, in a sort of run, rinse, repeat cycle — security, courtroom, exit, photographer's car to file, back up through security, over and over again. CNBC correspondent MacKenzie Sigalos reporting on the Sam Bankman-Fried trial from outside the SDNY courthouse at 500 Pearl Street in downtown Manhattan. Around 8:02 p.m., Bankman-Fried, speechless, began to walk to a room just adjacent to the main court.

Persons: Sam Bankman, Elizabeth Williams, Fried, MacKenzie Sigalos, Dan Mangan, Martin Shkreli, Andrew Ross Sorkin, Michael Lewis, Lewis, Indiana Jones, Ben McKenzie, McKenzie, Damian Williams, They'd, Danielle Sassoon, Jane Rosenberg, Joe Bankman, Barbara Fried, Joseph Bankman, Brendan Mcdermid, gaunt, Kaplan, Bankman, Mark Cohen, Judge Kaplan, blankly, Christian Everdell, Cohen Organizations: Alameda Research, Southern, of, CNBC, Auburn University totebag, Capitalism, U.S, Federal Court Locations: of New York, San Francisco, Vegas, Georgia, Manhattan, Indiana, New York City, U.S

☆ At NY trial, Eric and Donald Trump Jr say they were not aware of fraud
▼ + stars: | 2023-11-02 | by ( Jack Queen | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +4 min

NEW YORK, Nov 2 (Reuters) - Eric Trump and Donald Trump Jr. both testified on Thursday that they had no involvement with documents that a judge has ruled were fraudulently manipulated to inflate the value of their father Donald Trump's business. Donald Jr. blamed accountants, both inside and outside the company. [1/2]Former U.S. President Donald Trump's son and co-defendant Donald Trump Jr. leaves after attending the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 2, 2023. James is seeking at least $250 million in damages, as well as a permanent ban on Trump, Donald Jr. and Eric from running businesses in the state. The trial is one of many legal troubles Trump must contend with as he campaigns to regain the presidency.

Persons: Eric Trump, Donald Trump Jr, Donald Trump's, Trump, Andrew Amer, Donald Jr, Judge Arthur Engoron, Michael Cohen, Brendan McDermid, Engoron, Letitia James, Hunt, Ivanka, Joe Biden, James, Eric, glowering, Jack Queen, Andy Sullivan, Scott Malone, Will Dunham, Lisa Shumaker, Jonathan Oatis Organizations: Trump, U.S, Trump Organization, Court, REUTERS, New York, Republican, Democratic, Thomson Locations: New York, Springs, New York City, Manhattan, U.S, Washington

☆ Here are the emails, texts and photos that could put Sam Bankman-Fried in prison for life
▼ + stars: | 2023-11-02 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Lawyers for the U.S. Attorney's office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Zoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNYZoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNYZoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried.

Persons: Sam Bankman, Fried, FTX, Renato Mariotti, Bryan Cave Leighton, Caroline Ellison, —, Alameda —, Ryan Pinder, Rob Creamer, didn't, Ellison, he'd, HOOD, they'll, FTX's, Sun, Bankman, Stephen Curry, Tom Brady, Giselle Bundchen, Larry David, Nishad Singh, Michael Kives, Bryan Baum, Hillary Clinton, Katy Perry, Orlando Bloom, Leonardo DiCaprio, Kris, Kylie Jenner, SDNY Singh, Baum, Drappi, Jane Rosenberg, Joe Bankman, Ramnik Arora, Ryne Miller, Constance Wang, Ryan Salame, Changpeng Zhao, Michael Lewis, Singh, Lewis Organizations: U.S . Justice Department's Securities, Commodities, Lawyers, U.S, Alameda Research, Alameda, Geneva Trading, FIA, Traders Group, Wall Street Journal, Google, shuttering, Prosecutors, NBA, Major League Baseball, K5, Federal Court Locations: Chicago, Bahamas, Bankman, Alameda, FTX, shuttering Alameda, Hong Kong, New York City, U.S, Sequoia, Alameda's

☆ At NY Trial, Eric and Donald Trump Jr Say They Were Not Aware of Fraud
▼ + stars: | 2023-11-02 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

By Jack QueenNEW YORK (Reuters) -Eric Trump and Donald Trump Jr. both testified on Thursday that they had no involvement with documents that a judge has ruled were fraudulently manipulated to inflate the value of their father Donald Trump's business. Trump put the two in charge of the business while he served as U.S. president from 2017 to 2021. Eric Trump said he was not even aware of the financial statements that were used to secure loans and insurance that allowed the company to keep functioning. James is seeking at least $250 million in damages, as well as a permanent ban on Trump, Donald Jr. and Eric from running businesses in the state. The trial is one of many legal troubles Trump must contend with as he campaigns to regain the presidency.

Persons: Jack Queen, Eric Trump, Donald Trump Jr, Donald Trump's, Trump, Andrew Amer, Donald Jr, Judge Arthur Engoron, Michael Cohen, Engoron, Letitia James, Hunt, Ivanka, Joe Biden, James, Eric, glowering, Andy Sullivan, Scott Malone, Will Dunham, Lisa Shumaker, Jonathan Oatis Organizations: Jack Queen NEW, Trump, New York, Republican, Democratic Locations: New York, Springs, New York City, Manhattan, Washington

☆ Sam Bankman-Fried built crypto empire on 'pyramid of deceit,' prosecutors say in closing
▼ + stars: | 2023-11-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

FTX Founder Sam Bankman-Fried leaves Manhattan Federal Court after a court appearance on June 15, 2023 in New York City. The main thing the jury has to decide, Roos said, is whether Bankman-Fried knew that taking the money was wrong. "It was uncomfortable to hear," Roos said, adding that Bankman-Fried said "I can't recall" over 140 times during questioning by the government. Roos said Bankman-Fried is the one who gave special privileges to Alameda, which he started before founding FTX, allowing it to siphon customer money. In referencing the Super Bowl picture with Katy Perry and others, Roos called Bankman-Fried a "celebrity chaser."

Persons: Sam Bankman, Michael M, they've, FTX, Nicolas Roos, Roos, there's, Fried, Caroline Ellison, Bankman, Gary Wang, Danielle Sassoon, Jane Rosenberg, Mark Cohen, he'd, Judge Lewis Kaplan, Ellison, didn't, Singh, Katy Perry, —, Dawn Giel Organizations: Santiago, Getty, Prosecutors, Stanford, Massachusetts Institute of Technology, Alameda Research, Reuters, Miami Heat, MIT, FTX, Skybridge Locations: Manhattan, New York City, Alameda, U.S, California, Hong Kong, Roos's, Bahamas, Bankman

Bankman-Fried testified that he wasn't aware of the amount Alameda was borrowing from FTX, or its theoretical max. Prosecutors entered corroborating materials, including encrypted Signal messages and other internal documents that appear to show Bankman-Fried orchestrating the spending of FTX customer money. Similarly, Bankman-Fried testified that he believed the lavish Bahamas properties were being paid for with FTX operating cash that came from revenue and venture investments. The market had already dropped 70% and if it fell another 50%, he was afraid the firm would be insolvent, Bankman-Fried told the jury. In September, he checked in again with Ellison about the hedging activity, Bankman-Fried testified.

Persons: Sam Bankman, Fried, Fatih Aktas, that's, Caroline Ellison, Mark Cohen's, Cohen, FTX, Danielle Sassoon, District Judge Lewis Kaplan, Jane Rosenberg, —, Ellison, Sam, Nishad Singh, Gary Wang, Prosecutors, who'd, Michael M, Bankman, wasn't, Alameda, Singh, Shorter, Dawn Giel Organizations: Federal Court, Anadolu Agency, Getty, Alameda Research, U.S, District, Reuters, Stanford University, Alameda, Facebook, Google, Santiago Locations: New York, United States, Manhattan, Bankman, Alameda, Bahamas, New York City, U.S

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