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A 3D printed Tik Tok logo is placed on a keyboard in front of U.S. flag in this illustration taken October 6, 2020. Picture taken October 6, 2020. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsCompanies TikTok FollowWASHINGTON, Oct 12 (Reuters) - A U.S. judge questioned Montana's first-of-its kind state ban on the use of short video sharing app TikTok hearing arguments on a legal challenge before it is set to take effect on Jan. 1. U.S. District Judge Donald Molloy, considering a court challenge from TikTok and users, on Thursday questioned the state attorney general's office at a hearing the state's ban approved by the legislature. He noted that no other state has followed suit to ban TikTok.

Persons: Dado Ruvic, Montana's, Donald Molloy, Molloy, David Shepardson Organizations: REUTERS, U.S, District, Thomson Locations: WASHINGTON, U.S

☆ Sam Bankman-Fried trial: scenes from Caroline Ellison's time on the stand
▼ + stars: | 2023-10-12 | 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

Ellison wore a gray blazer and carried a Poland Spring water bottle to and from the witness stand. She did not look at Bankman-Fried in any of the instances when she passed him at the defense table. Bankman-Fried spent much of Ellison's testimony typing on a laptop or whispering to his defense lawyers. Three of the jurors appeared to close their eyes at times as Sassoon quizzed Ellison about spreadsheets showing Alameda's assets and liabilities. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Caroline Ellison, Sam Bankman, Ellison, District Judge Lewis Kaplan's, Fried, Kaplan, Joseph Bankman, Barbara Fried, Danielle Sassoon, Sassoon quizzed Ellison, We'll, " Sassoon, Luc Cohen, Noeleen Walder, Matthew Lewis Organizations: Alameda, Federal Court, Reuters, Alameda Research, District, The Stanford University, Stanford Law, Thomson Locations: New York City, U.S, Alameda, New York

The logo of Irish services and consulting company Accenture is seen at an temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. The criminal and civil probes followed a voluntary disclosure by the unit, Accenture Federal Services, to the government, the IT service provider said in a regulatory filing. "This matter could subject us to adverse consequences," Accenture said. The unit works with the Accenture's clients in the U.S. federal government and accounted for 15% of overall fiscal 2023 revenue from North America, the company's biggest market. Reporting by Chavi Mehta in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Arnd, Chavi Mehta, Arun Koyyur Organizations: Accenture, REUTERS, U.S . Justice, Accenture Federal Services, DOJ, Thomson Locations: Davos, Switzerland, U.S, North America, Bengaluru

Governor of New Mexico Michelle Lujan Grisham speaks at a Democratic Party of New Mexico campaign rally featuring U.S. President Joe Biden at the Gallegos Community Center in Albuquerque, New Mexico, U.S., November 3, 2022. Amid fury from gun advocates and a ruling from Judge Urias, her original order was frozen, and a new, tailored-down version was made to restrict guns at just public parks and playgrounds in the area. Gun rights groups and some gunowners still filed lawsuits seeking to overturn that scaled-back version which they said would deprive Albuquerque-area residents of 2nd Amendment rights to carry guns in public. Last month, Albuquerque's mayor Tim Keller urged Lujan Grisham to call a special session of the state legislature on gun violence. But Lujan Grisham said she had no plan to call a special session as she believed her public health order, which includes measures on drugs and juvenile offenders, would at this time achieve more than new legislation.

Persons: New Mexico Michelle Lujan Grisham, Joe Biden, Kevin Lamarque, Michelle Lujan Grisham, David Herrera Urias, Lujan Grisham, Judge Urias, Tim Keller, Rich McKay, Miral Organizations: Democratic Party of New, U.S, Gallegos Community Center, REUTERS, Companies United, Democratic, Thomson Locations: New Mexico, Democratic Party of New Mexico, Albuquerque , New Mexico, U.S, Companies United States, America, Albuquerque, Bernalillo, Atlanta

The United States Supreme Court building is seen as in Washington, U.S., October 4, 2023. In this case, the state legislature was accused of racial gerrymandering to reduce the influence of Black voters. The Republican legislators and other state officials who appealed to the Supreme Court told the justices that the map was designed to secure partisan advantages, a practice that the Supreme Court in 2019 decided was not reviewable by federal courts - unlike racial gerrymandering, which remains illegal. The new map increased the district's share of white voters while reducing its share of Black voters, which the lower court referred to as "bleaching." Clyburn's is the only one of South Carolina's House districts held by a Democrat.

Persons: Evelyn Hockstein, John Roberts, Roberts, Elena Kagan, Republican Nancy Mace, Jim Clyburn, Clyburn's, Mace, John Kruzel, Will Dunham Organizations: United States Supreme, REUTERS, Rights, Supreme, South, Republican, . House, Supreme Court, Conservative, Black, Democratic, Democrat, Alabama Republicans, U.S . House, Democrats, Republicans, Thomson Locations: Washington , U.S, South Carolina, Charleston, Carolina's, United States, Louisiana , Georgia, New York

The trial for the Cantlay/Harper case, which was set to begin on Nov. 13, will now be dismissed, GSK said, adding it had also settled three remaining breast cancer cases in California related to the same drug. The latest settlements in California were related to cases due to go to trial in November, with a further set scheduled to begin in Delaware courts in January, GSK said. The company still faces about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware. GSK did not admit any liability and said it would vigorously defend itself in any other Zantac cases. In June, GSK agreed to settle a similar lawsuit in California.

Persons: Harper, Brendan McDermid, Morgan, Jeffries, Zantac, Boehringer Ingelheim, Eva Mathews, Maggie Fick, Nivedita Bhattacharjee, Bernadette Baum, Louise Heavens, Emelia Organizations: pare, Citi, GSK, Reuters, REUTERS, Barclays, Pfizer, Sanofi, FDA, Thomson Locations: California, British, Delaware, United States, Arexvy, California . California, Bengaluru, London

The United States Supreme Court building is seen as in Washington, U.S., October 4, 2023. At issue is a map adopted last year by the Republican-led state legislature delineating the boundaries of one of South Carolina's seven U.S. House districts. A panel of three federal judges blocked the map for South Carolina's coastal 1st congressional district, which includes parts of Charleston. In this case, the state legislature was accused of racial gerrymandering to reduce the influence of Black voters. Clyburn's is the only one of South Carolina's House districts held by a Democrat.

Persons: Evelyn Hockstein, Republican Nancy Mace, Jim Clyburn, Clyburn's, Mace, John Kruzel, Will Dunham Organizations: United States Supreme, REUTERS, Rights, U.S, Supreme, South, Republican, voters, Black, Democratic, Democrat, Alabama Republicans, U.S . House, Democrats, Republicans, Thomson Locations: Washington , U.S, South Carolina, Charleston, Carolina's, United States, Louisiana , Georgia, New York

REUTERS/Brendan McDermid/Illustration/File Photo Acquire Licensing RightsOct 11 (Reuters) - GSK (GSK.L) on Wednesday said it would confidentially settle another lawsuit in California alleging its discontinued heartburn drug Zantac caused cancer, as the British drugmaker sought to end costly litigation. The latest settlements in California related to cases due to go to trial in November, with a further set scheduled to begin in Delaware courts in January, GSK said. The company still faces about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware. Late in June, the company agreed to settle a similar lawsuit with California resident James Goetz who alleged he developed bladder cancer after taking Zantac. The settlement could be read that GSK sees a risk that these Zantac cases are strong enough that the company might lose at trial, J.P Morgan added.

Persons: Brendan McDermid, Morgan, Harper, Zantac, Boehringer Ingelheim, James Goetz, J.P Morgan, Eva Mathews, Maggie Fick, Nivedita Bhattacharjee, Bernadette Baum Organizations: REUTERS, GSK, Citi, J.P, Pfizer, Sanofi, FDA, Thomson Locations: California, British, Delaware, United States, Bengaluru, London

"There are many other law firms with similar racially discriminatory programs," Blum said in a statement. "It is to be hoped that these firms proactively open their programs to all law students before they are sued in federal court." The paid fellowships were designed in part to help support the recruitment of people of color, which major law firms have long struggled to add to their partnership ranks. Last year, people of color comprised 11.4% of all partners in major U.S. law firms, according to the National Association for Law Placement. The lawsuit alleged the fellowship program violated a Civil War-era law enacted to protect formerly enslaved Black people that bars racial bias in contracting.

Persons: Edward Blum, Morrison, Foerster, firm's, Edward Blum's, Perkins Coie, Blum, Blum's, Fearless Fund's, Nate Raymond, Alexia Garamfalvi, Bill Berkrot Organizations: Fair, Harvard University, Wednesday, Edward Blum's American Alliance for Equal Rights, National Association for Law, U.S, Supreme, Harvard, University of North, Thomson Locations: Boston, Dallas, Seattle, University of North Carolina

REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 11 (Reuters) - A divided federal appeals court is allowing California's ban on magazines that hold more than 10 rounds of ammunition to remain in effect while the state appeals a judge's ruling finding it unconstitutionally violated the rights of firearms owners. The ruling came in a long-running lawsuit by the California Rifle & Pistol Association and gun owners challenging the ban. The court said that federal judges nationally had largely upheld large-capacity magazine restrictions since the Supreme Court ruled and that a decision to the contrary could threaten public safety. Chuck Michel, the president of the California Rifle & Pistol Association, in a statement expressed disappointment and vowed to "defend the rights of gun owners in California all the way to the Supreme Court." The Supreme Court vacated the appeals court ruling and ordered new proceedings consistent with the Bruen decision.

Persons: Lucy Nicholson, Roger Benitez, Rob Bonta, Bonta, Patrick Bumatay, Chuck Michel, Benitez, Nate Raymond, Jonathan Oatis Organizations: Foods, REUTERS, Circuit, U.S, California, Association, District, Supreme, , New York, Democrat, Thomson Locations: Los Angeles , California, U.S, San Francisco, San Diego, ,, California, Boston

The Utah suit is the latest action challenging the popular app in the United States, with Indiana and Arkansas bringing similar suits. Last month, a federal judge blocked California from enforcing a law meant to protect children when they use the Internet. Utah is seeking civil penalties as well as an injunction prohibiting TikTok from violating state law that protects consumers from deceptive business practices. Congress has been considering legislation for months that would enable the Biden administration to restrict or ban TikTok over concerns of potential spying. TikTok has said it has spent more than $1.5 billion on rigorous data security efforts and rejects spying allegations.

Persons: Shou Zi Chew, Online Harms, Sean Reyes, Reyes, TikTok, Biden, David Shepardson, Rod Nickel Organizations: Energy, Commerce, Safeguard, Online, Capitol, Facebook, Republican, Thomson Locations: Washington , U.S, Utah, United States, Indiana, Arkansas, California, Montana's

The Utah suit is the latest action challenging the popular app in the United States and comes as Congress has been considering legislation for months that would enable the Biden administration to restrict or ban TikTok over concerns of potential spying. ByteDance-owned TikTok, which has more than 150 million U.S. users, denies it improperly uses U.S. data and did not immediately comment. Utah is seeking civil penalties as well as an injunction prohibiting TikTok from violating state law that protects consumers from deceptive business practices. The Utah lawsuit is similar to an action brought against TikTok by Indiana in December. Montana's legislature approved legislation to ban TikTok citing spying concerns.

Persons: Shou Zi Chew, Online Harms, Biden, Sean Reyes, Utah's, TikTok, David Shepardson, Rod Nickel Organizations: Energy, Commerce, Safeguard, Online, Capitol, TikTok, Facebook, Republican, Thomson Locations: Washington , U.S, Utah, United States, Indiana, Arkansas, Montana's

Medical instruments are sterilized following a surgical abortion at Trust Women clinic in Oklahoma City, U.S., December 6, 2021. Circuit Court of Appeals last month allowed the state to enforce its ban, reversing a lower court order that had partially blocked it. Idaho in 2020 passed a so-called "trigger" law that would go into effect and ban abortion if the U.S. Supreme Court overturned Roe v. Wade, the landmark decision that had established a right to abortion nationwide. The law includes a narrow exception for abortions that are necessary to prevent the mother's deathThe Supreme Court overturned Roe in June 2022. It also said that any conflict had been eliminated since Hendrix's decision because the state legislature and state Supreme Court had since clarified the law.

Persons: Evelyn Hockstein, Biden, Donald Trump, Raul Labrador, Roe, Wade, Joe Biden's, James Wesley Hendrix, Brendan Pierson, Alexia Garamfalvi, Jonathan Oatis Organizations: Trust Women, REUTERS, Circuit, Republican, Democratic, U.S . Department of Justice, U.S, Supreme, Idaho, Labor, District, Thomson Locations: Oklahoma City , U.S, San Francisco, Idaho, U.S, New York

Republican U.S. Senate candidate Don Blankenship speaks to his supporters during the primary election in Charleston, West Virginia, U.S., May 8, 2018. In his appeal to the Supreme Court, Blankenship's lawyers said that the media is now dominated by a few giant corporations that seek profits ahead of public service. The Supreme Court previously rejected Blankenship's appeals seeking to overturn his conviction. Thomas in 2019 took aim at the 1964 defamation precedent in an opinion he wrote when the court refused to consider reviving a defamation lawsuit against Bill Cosby. Thomas added that defamation law was historically a matter for the states, and should remain that way.

Persons: Don Blankenship, Lexi Browning, Donald Blankenship's, Blankenship, Sullivan, Clarence Thomas, Thomas, Neil Gorsuch, Joe Manchin, Blankenship's, Bill Cosby, Andrew Chung, Will Dunham Organizations: Republican U.S, Senate, REUTERS, U.S, Supreme, Massey Energy, Fox News, MSNBC, U.S . Senate, New York Times, Conservative, Republican, Democratic, Washington Post, Boston Globe, Circuit, Big Branch, Thomson Locations: Charleston , West Virginia, U.S, West Virginia, Richmond , Virginia, Massey's

☆ Sam Bankman-Fried's ex-girlfriend set to take stand as fraud trial's star witness
▼ + stars: | 2023-10-10 | 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: +4 min

REUTERS/Eduardo Munoz//File Photo Acquire Licensing RightsCompanies Champion Trust Llc FollowNEW YORK, Oct 10 (Reuters) - Sam Bankman-Fried's fraud trial is set to resume on Tuesday with testimony from his former colleagues at the now-bankrupt FTX cryptocurrency exchange, including his onetime girlfriend Caroline Ellison. Prosecutors said last week they planned to call Ellison, the former co-chief executive officer of Bankman-Fried's Alameda Research hedge fund, to take the stand once Wang finishes his testimony. U.S. District Judge Lewis Kaplan said that likely amounted to witness-tampering, and on Aug. 11 revoked Bankman-Fried's bail. A third former member of Bankman-Fried's inner circle, ex-FTX engineering chief Nishad Singh, is also expected to testify at trial. Reporting by Luc Cohen and Jody Godoy in New York; Editing by Noeleen Walder and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Eduardo Munoz, Caroline Ellison, Gary Wang, Prosecutors, Ellison, Wang, Ellison's, Fried, District Judge Lewis Kaplan, Nishad Singh, FTX, Christian Everdell, Mark Cohen, Luc Cohen, Jody Godoy, Noeleen Walder, Matthew Lewis Organizations: REUTERS, Alameda Research, New York Times, U.S, District, Brooklyn's Metropolitan Detention Center, Bankman, Alameda, Thomson Locations: New York, U.S, Alameda, Brooklyn's, Manhattan, Washington ,

☆ Sam Bankman-Fried's fraud trial: How Judge Lewis Kaplan has presided in FTX case
▼ + stars: | 2023-10-09 | 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: +4 min

[1/2] U.S. District Judge Lewis Kaplan presides over the fraud trial of Sam Bankman-Fried over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York City, U.S., October 3, 2023 in this courtroom sketch. Last year, he presided over a civil trial in which the actor Kevin Spacey defeated a sexual abuse claim. When one prospective juror said they did not understand how cryptocurrency works, Kaplan said, "You probably have a lot of company in this courtroom." Several times during the first three days of testimony, Kaplan urged defense lawyers to move more quickly as they asked prosecution witnesses questions he deemed repetitive. Before the trial began, Kaplan issued several key rulings against the defense, including excluding some of their proposed expert witnesses and barring them from making certain arguments at trial.

Persons: District Judge Lewis Kaplan, Sam Bankman, Jane Rosenberg, District Judge Lewis, levity, Kaplan, Fried, Bill Clinton, Donald Trump, Jean Carroll, Kevin Spacey, Tom Brady, David Lisner, Matt Huang, You've, Caroline Ellison's, Luc Cohen, Amy Stevens, Lisa Shumaker Organizations: U.S, District, Federal Court, REUTERS, Harvard Law School, New, Thomson Locations: FTX, New York City, U.S, Manhattan, Staten, New York

REUTERS/Paul Ratje/File Photo Acquire Licensing RightsOct 6 (Reuters) - A New Mexico judge on Friday rejected a Republican challenge to the state's Democratic-drawn congressional lines, improving the odds Democrats will maintain their hold on all three of the state's districts in next year's election. The Republican state party, which brought the lawsuit, said it would appeal the decision with the New Mexico Supreme Court. "The legislature intended to and, in fact, did egregiously gerrymander the congressional maps," said state Republican party chairman Steve Pearce in a statement. Earlier this week, a federal court approved new congressional lines for Alabama after finding a Republican-created map illegally hurt Black voters. The U.S. Supreme Court is scheduled to hear arguments next week over whether South Carolina's Republican-drawn congressional map unlawfully diluted the power of Black voters.

Persons: Paul Ratje, Fred Van Soelen, Gabe Vasquez, Van Soelen, egregiously, Steve Pearce, Joseph Ax, Andrew Hay, Colleen Jenkins, David Gregorio, Chris Reese Organizations: Center, REUTERS, Republican, Democratic, U.S . House, Judicial, District, Democrat, Democrats, New, New Mexico Supreme, The U.S, Supreme, South Carolina's Republican, Thomson Locations: Dona Ana, Las Cruces , New Mexico, U.S, Mexico, New Mexico, Alabama, The

Former U.S. President Donald Trump looks on during a break at a Manhattan courthouse as he attends trial in a civil fraud case brought by state Attorney General Letitia James against him, his adult sons, the Trump Organization and others in New York City, U.S., October 4, 2023. Trump, the frontrunner for the 2024 Republican presidential nomination, has denied wrongdoing and said the case is part of a political witch hunt. James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization. Trump, who attended the first three days of trial in Manhattan earlier this week, has said he will testify. While this is a civil case, Trump faces other major legal challenges that have been a financial drain and made him the first sitting or former U.S. president to be criminally charged.

Persons: Donald Trump, Letitia James, Mike Segar, Donald Trump’s, Arthur Engoron, Trump, Trump's, Christopher Kise, James, Donald Jr, Eric, Jack Queen, Bill Berkrot Organizations: U.S, Trump Organization, REUTERS, West, New York, Trump, Thomson Locations: Manhattan, New York City, U.S, York, New York, Washington, Georgia, Florida

Perkins Coie, a more than 1,200-lawyer firm founded in Seattle, on Friday said it had expanded the applicant pool for its diversity fellowship program to all law students, not just members of "historically underrepresented" groups. It did so after a group founded by affirmative action foe Edward Blum filed lawsuits against it and another large law firm, Morrison & Foerster, alleging their diversity fellowships unlawfully excluded certain people based on their race. The paid fellowships were designed in part to help support the recruitment of people of color, which major law firms have struggled for years to add to their partnership ranks. In the lawsuit against Perkins Coie, Blum's American Alliance for Equal Rights took aim at a diversity fellowship the firm created in 1991 to support law students from groups "historically underrepresented in the legal profession." Those accepted can receive stipends of $15,000 and paid positions as summer associates, a position that at major law firms can lead to full-time jobs.

Persons: Edward Blum, Perkins, Perkins Coie, Morrison, Foerster, Blum, Fellows, Nate Raymond, Alexia Garamfalvi, Peter Graff Organizations: U.S, Supreme, Harvard University, University of North, Harvard, Saturday, American Alliance for Equal Rights, Thomson Locations: University of North Carolina, Washington , U.S, Seattle, Dallas , Texas, Boston

Ahmad Al Aliwi Alissa, suspect of the King Soopers grocery store shooting, appears in a Boulder County District courtroom at the Boulder County Justice Center in Boulder, Colorado, U.S. May 25, 2021. Still, the judge asked that Alissa remain in the custody of the state hospital where he has been confined for the past two years. Bakke agreed with prosecutors that Alissa, 24, stands a better chance of avoiding regression if he stays hospitalized than if he were returned to jail to await trial. That testimony marked the first indication of a motive for the shooting offered in the case in open court. Authorities said the murder weapon in the Boulder attack, a Ruger AR-556 pistol that resembles a semi-automatic rifle, was purchased by Alissa six days before the grocery store shooting spree.

Persons: Ahmad Al Aliwi Alissa, King, Matthew Jonas, Ingrid Bakke, Alissa, Bakke, Kathryn Herold, Loandra Torres, fidgety, Keith Coffman, Steve Gorman, Matthew Lewis, Chris Reese Organizations: Boulder County Justice Center, REUTERS, Colorado Mental Health, The Colorado Department of Human Services, Authorities, Ruger, Thomson Locations: Boulder County, Boulder, Boulder , Colorado, U.S, Colorado, Denver, Atlanta

Sam Bankman-Fried watches as Assistant U.S. Attorney Thane Rehn makes his opening remark in Bankman-Fried's fraud trial over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York City, U.S., October 4, 2023 in this courtroom sketch. REUTERS/Jane Rosenberg/File Photo Acquire Licensing RightsNEW YORK, Oct 6 (Reuters) - Sam Bankman-Fried's fraud trial kicked off this week, nearly a year after the FTX cryptocurrency exchange he founded declared bankruptcy in a collapse that shocked markets and left the 31-year-old wunderkind's reputation in tatters. Bankman-Fried has pleaded not guilty to charges of stealing billions of dollars in customer funds to prop up his crypto-focused hedge fund, Alameda Research. "Sam and his colleagues were building the plane as they were flying it," Cohen said in his opening statement on Wednesday. "The conversation began with me bringing up the large debt owed by Alameda to FTX and asking something like, 'are things OK?'"

Persons: Sam Bankman, Attorney Thane Rehn, Jane Rosenberg, Fried, Rehn, Mark Cohen, Sam, Cohen, Adam Yedidia, Fried's, Yedidia, Matt Huang, Huang, Gary Huang, Wang, Luc Cohen, Matthew Lewis Organizations: U.S, Attorney, Federal Court, REUTERS, Alameda Research, Manhattan U.S, ALAMEDA, Paradigm, Thomson Locations: Bankman, FTX, New York City, U.S, Thane, Alameda, New York

But then two days beforehand Musk raised "several spurious objections" and told the SEC he would not appear, the SEC said. According to the filing, Musk has given the SEC documents relating to the probe and has previously provided testimony in July last year via video conference. "The SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation - enough is enough," said a statement from Alex Spiro, an attorney for Musk. Musk acquired Twitter after initially building a large minority stake in the social media platform, which he first disclosed in April 2022. Faced with a trial that sought to compel him to complete the deal, Musk closed his acquisition of Twitter in late October 2022.

Persons: Elon Musk, Porte, Gonzalo Fuentes, Musk, ”, Alex Spiro, Twitter, ” Musk, Howard Fischer, Moses, Moses & Singer, Tesla, Shivansh, Tom Hals, Chris Prentice, Michelle Price, Sheila Dang, Megan Davies, Shinjini Ganguli, Lisa Shumaker Organizations: SpaceX, Tesla, Viva Technology, Porte de, REUTERS, U.S . Securities, Exchange Commission, SEC, Twitter, San, Musk, Moses &, Reuters, Justice Department, Thomson Locations: Paris, France, San Francisco, Texas, New York, Bengaluru, Wilmington , Delaware, Washington, Austin

U.S. Representative George Santos (R-NY) leaves Central Islip Federal Courthouse in Central Islip, New York, U.S., May 10, 2023. Nancy Marks was arrested on Thursday and entered the plea in federal court in Long Island before U.S. District Judge Joanna Seybert, court records showed. The 35-year-old political newcomer has pleaded not guilty and resisted calls to resign for lying about his resume. Marks told the Federal Election Commission in a Jan. 31 filing that she had resigned as Santos' campaign treasurer. Reporting by Luc Cohen in New York; editing by Rami Ayyub and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Representative George Santos, Eduardo Munoz, Nancy Marks, Joanna Seybert, Marks, Santos, Luc Cohen, Rami Ayyub, Bill Berkrot Organizations: Representative, Central Islip Federal, REUTERS, U.S, Federal, Commission, Thomson Locations: Central Islip, Central Islip , New York, U.S, Long Island, Queens, Long, New York

[1/2] Indicted FTX founder Sam Bankman-Fried arrives at the United States Courthouse in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing RightsCompanies Champion Trust Llc FollowNEW YORK, Oct 4 (Reuters) - The jury for Sam Bankman-Fried's trial on charges of stealing billions of dollars from customers of his now-bankrupt FTX cryptocurrency exchange was selected on Wednesday, paving the way for opening statements to start soon. Prosecutors and the defense are expected to lay out their cases shortly in opening statements. They are expected to call three former members of Bankman-Fried's inner circle - former Alameda chief executive Caroline Ellison and former FTX executives Nishad Singh and Gary Wang - to testify against him. Reporting by Luc Cohen in New York Editing by Amy Stevens, Matthew Lewis and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Fried, Amr Alfiky, FTX, District Judge Lewis Kaplan, Joseph Bankman, Barbara Fried, Gabriel Bankman, Donald Trump, Anthony Scaramucci, Caroline Ellison, Nishad Singh, Gary Wang, Kaplan, Ellison, Luc Cohen, Amy Stevens, Matthew Lewis, Nick Zieminski Organizations: FTX, United, REUTERS, District, Wednesday, Stanford Business School, North Railroad, Prosecutors, Stanford Law, U.S, Alameda Research, Alameda, Metropolitan Detention, Thomson Locations: New York City, U.S, York, Manhattan, Brooklyn, New York

☆ Sam Bankman-Fried's trial to resume with jury selection, opening statements
▼ + stars: | 2023-10-04 | 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

Indicted FTX founder Sam Bankman-Fried arrives at the United States Courthouse in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing RightsNEW YORK, Oct 4 (Reuters) - Sam Bankman-Fried's trial on charges of stealing billions of dollars from customers of his now-bankrupt FTX cryptocurrency exchange is set to resume on Wednesday, with the judge aiming to finish selecting a jury and move on to opening statements. That would pave the way for prosecutors and the defense to proceed to opening statements, in which each side would lay out their case. Bankman-Fried has pleaded not guilty and is likely to argue that while he failed to adequately manage risk, he did not steal money. Reuters GraphicsReporting by Luc Cohen in New York Editing by Amy Stevens and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Fried, Amr Alfiky, FTX, District Judge Lewis Kaplan, Caroline Ellison, Nishad Singh, Gary Wang, Kaplan, Ellison, Luc Cohen, Amy Stevens, Matthew Lewis Organizations: United, REUTERS, District, Prosecutors, U.S, Alameda Research, Alameda, Metropolitan Detention, Thomson Locations: New York City, U.S, Manhattan, Brooklyn, New York

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