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☆ Sam Bankman-Fried's sudden turn from white knight to washout
▼ + stars: | 2022-11-12 | by ( Hannah Lang | ) www.reuters.com time to read: +3 min

But as traders rushed to withdraw funds from FTX, Bankman-Fried was in denial and told investors he was convinced the business would be rescued, according to a source familiar with the situation. Bankman-Fried also quickly became one of the largest Democratic donors in the United States, contributing $5.2 million to President Joe Biden's 2020 campaign. He amassed a fortune, estimated as high as $26.5 billion by Forbes a year ago, by taking advantage of the price differences in bitcoin in Asia and the United States. Bankman-Fried eventually started crypto trading firm Alameda Research in 2017 and founded FTX a year later. "I thought we would fail," Bankman-Fried said at a June conference weeks before FTX and Alameda extended lifelines to two struggling crypto platforms.

☆ The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means
▼ + stars: | 2022-11-12 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +6 min

Two years later, Bankman-Fried and his team launched FTX, a crypto exchange platform with perks like low trading fees and advanced options for traders. At his peak, Bankman-Fried was worth $26 billion, though his net worth had dropped to $16 billion before this week. In early November, crypto publication CoinDesk released a bombshell report that called into question just how stable Bankman-Fried's empire really was. Now, the FTX drama is creating a ripple effect throughout the crypto industry. Industry experts told Insider that the saga might encourage regulators to try to crack down on the crypto industry, or make big banks wary of letting customers trade crypto.

☆ Before his epic fall, Sam Bankman-Fried was hailed as a crypto genius. Some clients saw smoke and mirrors.
▼ + stars: | 2022-11-11 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +14 min

Until a few days ago, Sam Bankman-Fried was the king of crypto. “I’m sorry I didn’t do better,” Bankman-Fried said Tuesday in a message to investors reviewed by NBC News. The contentions of the people who spoke with NBC News are echoed in a 2019 lawsuit brought in federal court against FTX Alameda, Bankman-Fried and other executives. But the crypto market does not have the protections or price transparency found in listed stock markets, for example. FTX and Alameda, as a major crypto exchange and market maker, attracted crypto developers to list their projects for trading.

☆ Factbox: Sam Bankman-Fried: The crypto mogul whose empire came crashing down
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

Nov 11 (Reuters) - Sam Bankman-Fried on Friday resigned from his role as chief executive of FTX and the crypto exchange said it will initiate bankruptcy proceedings in the United States, capping off a tumultuous week for the industry. Following are some facts about the co-founder and former CEO:EDUCATION AND VENTURES BEFORE FTXBorn in 1992, Sam Bankman-Fried grew up in California. Bankman-Fried later graduated from the Massachusetts Institute of Technology (MIT) with a degree in physics. After a more than three-year stint at the New York-based firm, he moved to crypto trading and founded Alameda Research in 2017. The company offered trading on crypto tokens and derivatives, while also boasting of a robust risk management system.

☆ FTX files for bankrupcty as CEO resigns
▼ + stars: | 2022-11-11 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

FTX said Sam Bankman-Fried, the 30-year-old founder of the exchange, will remain to assist in an orderly transition. Both the Justice Department and Securities and Exchange Commission are investigating FTX, The Wall Street Journal reported. Bankman-Fried has been one of the faces of the crypto industry, amassing a fortune once totaling $25 billion that has since vanished. The implosion of FTX was preceded by the decision to lend billions of dollars’ worth of customer assets to fund risky bets by Alameda, the Journal reported on Thursday. Alameda now owes FTX a staggering $10 billion that the exchange had serious trouble raising, the paper said.

☆ Crypto: What's next as FTX collapse triggers 'Lehman moment'?
▼ + stars: | 2022-11-11 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

And can the beaten-down crypto industry bounce back? What’s clear is that the fallout from the FTX crisis injects significant volatility into the crypto ecosystem. “Thank God!”Can the crypto industry survive? “In the short term, this is going to be really, really bad for the crypto industry,” said Jog of Sei Labs. Fok said he expects the FTX collapse will push institutional investors away from the crypto space just as they had been warming up to it.

☆ Tom Brady looks to make more history in Germany as Bucs take on Seahawks
▼ + stars: | 2022-11-10 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —The National Football League said it could have sold over 3 million tickets for the first regular season game ever in Germany between the Tampa Bay Buccaneers and Seattle Seahawks on Sunday proving again that Tom Brady can attract a crowd. “He is clearly a worldwide superstar who not only the many rabid fans in Germany are aware of but the casual fan. While Brady is the number one attraction German fans will be treated to a marquee matchup. “I know we learn something every game we play about the capacity we have to play games there (Europe),” said O’Reilly. “Should the opportunity arise everything around us makes us smarter and better regarding the possibility of potentially a franchise outside the U.S.”

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

☆ Brady looks to make more history in Germany as Bucs take on Seahawks
▼ + stars: | 2022-11-09 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Nov 9 (Reuters) - The National Football League said it could have sold over 3 million tickets for the first regular season game ever in Germany between the Tampa Bay Buccaneers and Seattle Seahawks on Sunday proving again that Tom Brady can attract a crowd. "He is clearly a worldwide superstar who not only the many rabid fans in Germany are aware of but the casual fan. "Anybody on the street is aware of Tom Brady." While Brady is the number one attraction German fans will be treated to a marquee matchup. "I know we learn something every game we play about the capacity we have to play games there (Europe)," said O’Reilly.

☆ FTX's rescue by Binance is a red flag for sports heavyweights that signed sponsorship deals with the crypto exchange
▼ + stars: | 2022-11-09 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Binance stunned the crypto world with a deal to buy Sam Bankman-Fried's crypto exchange FTX Tuesday. The exchange's troubles raise questions about its deals with Tom Brady, the Miami Heat, and the Mercedes F1 team. But FTX is yet to comment on what will happen with the million-dollar sports sponsorship deals it brokered earlier this year. As cryptocurrencies surged, major exchanges like Binance, Coinbase and FTX all worked to land major sports sponsorship deals to compete for users and build brand awareness. Major companies have pulled away from sports sponsorship deals amid the market turmoil.

By the end of Election Day, approximately 21,000 total interviews will be conducted. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

How the midterm election outcome could impact Biden's agenda Nov. 8, 2022 02:02 Read the full story here. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

“We implore voters and members of the media to allow election officials to do their work.” The process is painstaking. In New Hanover, students allegedly were harassed while walking to class from a voting site, and an observer allegedly “angrily” confronted an election official, the board reported. “There are 8,800 election jurisdictions and we see issues pop up every election day,” the official said, citing low-level cyberattacks against election websites or accidental website outages as potential examples. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states! Karamo sued Detroit City Clerk Janice Winfrey last week to toss absentee ballots unless voters present identification, alleging election law violations regarding the counting of the ballots.

☆ Tom Brady addresses divorce from Gisele Bündchen for the first time
▼ + stars: | 2022-11-01 | by ( Liz Calvario | ) www.nbcnews.com time to read: +3 min

Tom Brady got candid about how his personal life is spilling over into his work and making headlines. After 13 years of marriage, Brady and Bündchen announced on Oct. 28 that they officially divorced. “I think there’s a lot of professionals in life that go through things that they deal with at work and they deal with at home,” Brady told Gray. Brady and Bündchen married in 2009 and share two children, Benjamin, 12, and Vivian, 9. As for Bündchen, she said that the divorce was amicable and that her focus remained on their children last week when announcing the split.

☆ Tom Brady opens up about his divorce from Gisele
▼ + stars: | 2022-11-01 | by ( Cnn Sport Staff | ) edition.cnn.com time to read: +3 min

That’s what I’ll just continue to do as long as I’m working and as long as I’m being a dad.”Gray asked Brady if there is a challenge compartmentalizing between the two. “I think that’s what being a professional is,” Brady said. Brady, 45, had retired from the NFL in February, only to later reverse that decision. In a recent conversation on his podcast, Brady talked about some of the personal costs of playing in the NFL for two decades. And I’m not able to be at funerals and I’m not able to be at weddings,” Brady said.

☆ Hear Tom Brady open up about divorce from Gisele Bündchen
▼ + stars: | 2022-11-01 | by ( ) edition.cnn.com time to read: 1 min

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☆ Tom Brady’s rollercoaster 2022: Unretiring, outbursts, losing streaks and divorce
▼ + stars: | 2022-10-31 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

As years go, it’s fair to say that 2022 has become something of an Annus Horribilis for Tom Brady. His Tampa Bay Buccaneers have lost three straight matches, the first time that’s happened in Brady’s storied career since 2002. The Bucs’ inconsistency has seen the 45-year-old quarterback’s frustrations boil over, with his explosive outbursts caught on the sidelines in multiple games. After rumors of marital unrest between him and his wife, Gisele Bündchen Bündchen, the couple announced last week that they are divorcing after 13 years of marriage. Mike Ehrmann/Getty ImagesA long few monthsAfter a crushing end to the Bucs’ season in the playoffs last year, the team was left with more questions than answers.

☆ First Tom and Gisele—Now Colgate and Palmolive?
▼ + stars: | 2022-10-30 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

Colgate-Palmolive reported results with sales and earnings more or less in line with analyst estimates. The sports and modeling worlds have been rocked by news of a high-profile divorce. Could one of corporate America’s most famous unions also be headed for the splits? An activist challenge to the consumer-goods giant Colgate-Palmolive has started a discussion over whether and how it could be broken up. No big moves are imminent, but the chatter could ultimately lead to many far-reaching outcomes.

Super Bowl-winning quarterback Tom Brady and supermodel Gisele Bündchen announced Friday that they have "amicably finalized" their divorce after 13 years of marriage. "We arrived at this decision amicably and with gratitude for the time we spent together," Brady posted in an Instagram Story. "We are blessed with beautiful and wonderful children who will continue to be the center of our world in every way." Forbes ranked Brady as the world’s ninth highest-paid athlete this year. Bündchen has repeatedly been ranked by Forbes as one of the wealthiest celebrities in the world and crowned her as the world’s highest-paid supermodel in 2007.

☆ Tom Brady, Gisele Bündchen File for Divorce
▼ + stars: | 2022-10-28 | by ( Andrew Beaton | Joseph De Avila | ) www.wsj.com time to read: 1 min

Tom Brady and Gisele Bündchen were one of the most famous celebrity couples. NFL star Tom Brady and Brazilian supermodel Gisele Bündchen said Friday they are divorcing after 13 years of marriage. “We arrived at this decision amicably and with gratitude for the time we spent together,” Mr. Brady said on Instagram. “We are blessed with beautiful and wonderful children who will continue to be the center of our world in every way. We will continue to work together as parents to always ensure they receive the love and attention they deserve.”

☆ Tom Brady, Gisele Bündchen File for Divorce After 13 Years of Marriage
▼ + stars: | 2022-10-28 | by ( Andrew Beaton | Joseph De Avila | ) www.wsj.com time to read: 1 min

☆ Tom Brady and Gisele Bündchen to file for divorce
▼ + stars: | 2022-10-28 | by ( Chloe Melas | ) edition.cnn.com time to read: +2 min

CNN —Tom Brady and Gisele Bündchen, who married in 2009, plan to file for divorce on Friday, a source with direct knowledge told CNN. The two, have been “living separately,” a source close to Bündchen told CNN in September. “This is a very violent sport, and I have my children and I would like him to be more present,” Bündchen told the publication. And I’m not able to be at funerals and I’m not able to be at weddings,” Brady said. I’ve had my fill and it’s enough and time to go on, to move into other parts of life.’”CNN has reached out to representatives for Brady and Bündchen for comment.

But despite the occasional lavish trip, Brady and Bündchen were the rare celebrity couple that can actually afford to live a megastar lifestyle but opted to live more modestly — relative to other high-earning megastars, at least. Now they live separately. Kevin C. Cox/Getty Images

☆ Tom Brady and Gisele Bundchen announce divorce after 13 years of marriage
▼ + stars: | 2022-10-28 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Tom Brady and Gisele Bundchen arrive at the Metropolitan Museum of Art Costume Institute Gala (Met Gala) to celebrate the opening of "Heavenly Bodies: Fashion and the Catholic Imagination" in the Manhattan borough of New York, May 7, 2018. NFL superstar Tom Brady and supermodel Gisele Bündchen are getting divorced after 13 years of marriage, they announced Friday. "We arrived at this decision amicably and with gratitude for the time we spent together," the Tampa Bay Buccaneers quarterback, 45, said on Instagram. Brady returned to the Tampa Bay Buccaneers this season weeks after announcing his retirement back in February. In an interview with Elle Magazine in September, Bundchen expressed her concerns about Brady returning to football for a 23rd season, and his third with the Buccaneers.

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