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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.
When celebrities like Tom Brady and Stephen Curry inked deals with FTX, bitcoin was soaring, the industry was thriving and crypto ads were airing during the Super Bowl. Now their names are tied to a cryptocurrency exchange scrambling to save itself.
NBA roundup: Dejounte Murray, Hawks hand Bucks first loss
  + stars: | 2022-11-08 | by ( ) www.reuters.com   time to read: +11 min
Murray added eight rebounds and three steals for the Hawks, who lost 123-115 at Milwaukee on Oct. 29. Jerami Grant finished with 23 points and Lillard had 19 points and six assists. Cade Cunningham supplied 21 points, 11 rebounds and seven assists for the Pistons. Jaden Ivey had 15 points, 11 rebounds and six assists, and Isaiah Stewart added 11 points with 12 rebounds. Mike Muscala and Kenrich Williams scored 11 points apiece.
NBA roundup: Short-handed Warriors cap 0-5 trip
  + stars: | 2022-11-05 | by ( ) www.reuters.com   time to read: +9 min
Jusuf Nurkic recorded 14 points and eight rebounds, and Justise Winslow had 12 points, nine rebounds and nine assists. Nic Claxton recorded 18 points and nine rebounds while Cam Thomas contributed 17 points and six assists off the bench. Anthony Edwards led Minnesota with 24 points, while Karl-Anthony Towns had 22 points, 11 rebounds and five assists. RJ Barrett finished with 22 points and nine rebounds while Cam Reddish added 11 points off the bench. Kelly Oubre Jr. led the Hornets with 17 points, while James Bouknight had a season-high 14 points.
Co-founders Tiger Woods, Rory McIlroy and Founder, CEO Mike McCarley Courtesy: TMRWSportsTiger Woods' and Rory McIlroy's new sports startup — which is already planning a new golf league — is drawing some big-name investors. TMRW Sports' first project is its TGL golf league, which was launched in partnership with the PGA Tour this summer and comes as professional golf is being disrupted by the arrival of upstart league LIV Golf. TMRW Sports is looking to draw in younger sports fans with a format that makes the golf league more compatible with prime-time television. McCarley said the company sought investors who were passionate about golf and would represent a diversity of expertise and backgrounds in media and entertainment. Rendering of the custom built arena where the TGL golf league will play.
Mandatory Credit: Danielle ParhizkaranNov 2 (Reuters) - TMRW Sports, a tech-focused company co-founded by Tiger Woods and Rory McIlroy, announced on Wednesday a star-studded investor group that includes tennis great Serena Williams and seven-times Formula One world champion Lewis Hamilton. The team of investors also includes four-time NBA champion Stephen Curry, three-times tennis Grand Slam winner Andy Murray, Japanese two-way standout Shohei Ohtani of Major League Baseball and two-time women's World Cup champion Alex Morgan. According to TMRW Sports, the initial investment group's sports experience also includes team ownership in every major league and ranges across F1, NFL, NBA, Premier League, MLB, NHL, MLS, tennis, esports, surfing, and golf. TMRW Sports -- pronounced 'tomorrow sports' -- was launched in August with the goal of using technology to help create new pathways for the next generation to enjoy sports. "Connect Ventures is thrilled to work alongside this world-class group of investors to support Tiger, Rory and Mike's vision to further accelerate the evolution of sports and make it more accessible for all."
Rookie Jaden Ivey added 15 points in the Pistons' first win since opening night. Stephen Curry topped Golden State with 32 points and Jordan Poole had 30 points. Doncic recorded his sixth consecutive outing of at least 30 points after making 17 of 26 shots from the floor. The Spurs were up by 15 points heading into the fourth quarter before Minnesota pulled to within three early in the period. Keita Bates-Diop scored 18 points for San Antonio, while Tre Jones hit for 10 and Jakob Poeltl grabbed a game-high 14 rebounds.
NBA roundup: Thunder rally in 4th to stun Mavs in OT
  + stars: | 2022-10-30 | by ( ) www.reuters.com   time to read: +6 min
Luguentz Dort added 16 points, and Darius Bazley scored 15 off the bench to help Oklahoma City. Zach LaVine scored 15 of his 29 points after halftime, while Nikola Vucevic had a double-double of 23 points and a game-high 19 rebounds. Jazz 124, Grizzlies 123Lauri Markkanen and Kelly Olynyk each scored 23 points and played clutch in the fourth quarter to help Utah rally past Memphis in Salt Lake City. Dillon Brooks also had a big scoring night, finishing with 30 points, while Tyus Jones contributed 23 points and 10 assists. Brooks hit a 3-pointer with 15 seconds left as Memphis pulled within one, 124-123.
CNN —The Golden State Warriors are the most valuable franchise in the NBA, according to Forbes. The Warriors are now worth $7 billion, said Forbes, 25% more than last year. The team generated $765 million in revenue and $206 million operating income during the 2021-2022 season, both the most in NBA history. The Warriors won their fourth NBA championship in eight years in June, led by talisman and face of the franchise Stephen Curry. The Chicago Bulls ($4.1 billion) and the Boston Celtics ($4 billion) complete the top five, with the average NBA franchise is now worth $2.86 billion, 15% more than a year ago.
NBA roundup: Suns overcome heated third quarter, rout Warriors
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +3 min
[1/4] Oct 25, 2022; Phoenix, Arizona, USA; Golden State Warriors guard Klay Thompson waves at the Phoenix Suns bench after being ejected from the game in the second half at Footprint Center. As the Suns were taking advantage of a foul disparity to cling to an 83-77 lead midway through the third quarter, Thompson and Booker were assessed technical fouls for a verbal altercation. Wizards 120, Pistons 99Kyle Kuzma scored 25 points and Kristaps Porzingis added 20 as Washington continued its recent dominance over visiting Detroit. Bojan Bogdanovic scored 25 points to lead Detroit, which has lost three straight following a season-opening win over the Orlando Magic. Tre Mann added 25 points for the Thunder, who were without Josh Giddey (ankle).
CJ McCollum had 28 points and 12 assists to lead the Pelicans, who overcame a 17-point fourth-quarter deficit to force the extra period despite losing Brandon Ingram and Zion Williamson to injury. James had 31 points, eight rebounds and eight assists, Anthony Davis had 22 points and 10 rebounds and Lonnie Walker IV scored 15 points for the Lakers. Rudy Gobert added 15 points and 15 rebounds for Minnesota, while Karl-Anthony Towns also scored 15. Jeremiah Robinson-Earl added 15 points. Curry had six 3-pointers to account for a majority of his 28 points in the first two periods, contributing to the 89 first-half points, which were the fifth-most in NBA history.
NBA roundup: Ja Morant guides Grizzlies over Rockets
  + stars: | 2022-10-22 | by ( ) www.reuters.com   time to read: +7 min
Alperen Sengun produced a double-double of 23 points and 12 rebounds off the bench. Nuggets 128, Warriors 123Nikola Jokic scored 26 points as part of a triple-double and Denver held on for a win over Golden State in San Francisco. After Simons' basket, Ayton was fouled with 1.2 seconds left but missed the first free throw. Gordon Hayward posted 26 points and Terry Rozier poured in 23 points for the Hornets. Haliburton led the Pacers with 27 points and 12 assists, with Mathurin adding 26 points.
Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A former home of NBA star Stephen Curry in the San Francisco suburbs is listing for $8.9 million.
Stephen Curry Appeals for Brittney Griner’s Release
  + stars: | 2022-10-19 | by ( Alyssa Lukpat | ) www.wsj.com   time to read: 1 min
Stephen Curry of the Golden State Warriors offered support to Brittney Griner , the American basketball player serving a prison sentence in Russia, saying he hoped everyone was doing their part to bring her home. Mr. Curry, a star shooter, denounced Ms. Griner’s incarceration during his team’s championship ring ceremony. He was the latest high-profile figure to condemn her detention since she was arrested in February at a Moscow airport on suspicion of drug smuggling.
Stephen Curry offered fellow basketball star Brittney Griner a high-profile show of support Tuesday, as the WNBA player marked her 32nd birthday behind bars in Russia. Hours after Griner released a message thanking those fighting to get her home, Curry spoke out in the middle of the Golden State Warriors' championship ring ceremony Tuesday. The WNBA star was arrested at a Moscow airport on Feb. 17 after authorities said they found cannabis-infused vape cartridges in her luggage. Griner issued her own statement on her birthday, thanking her supporters for continuing to fight for release. “Thank you everyone for fighting so hard to get me home," Griner said in a statement made through her attorneys, Maria Blagovolina and Alexander Boykov, who spent time with the WNBA star on her birthday and relayed birthday messages to her.
Thompson reveals Barcelona influence in Warriors success
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
October 18, 2022; San Francisco, California, USA; Golden State Warriors guard Klay Thompson (11) high-fives guard Stephen Curry (30) against the Los Angeles Lakers during the second quarter at Chase Center. Thompson said that having a player open and keeping the ball moving are aspects they picked up from Barcelona. He gave us the perfect example of FC Barcelona, they call it tiki-taka," Thompson told TNT after the Lakers win. Tiki-taka, popularised by Pep Guardiola's Barca team, consists of a series of short accurate passes to keep the ball moving without losing possession. The style of play delivered huge success for Barcelona as Guardiola guided them to 14 titles between 2008 and 2012.
A Warriors team famous for its unity saw that tested when veteran forward Draymond Green punched Jordan Poole in the face at a practice earlier this month, an incident Green apologized for. Register now for FREE unlimited access to Reuters.com RegisterGreen, a four-time All-Star, was fined but not suspended over the incident. Former Knicks and Rockets head coach Jeff Van Gundy told Reuters he thought the team could move past the episode. "He has defied age as well as anybody who has played for this long," Van Gundy said. "The season is going to be difficult for everybody," said Van Gundy.
I'm Jeffrey Cane, stepping out from behind the 10 Things on Wall Street newsletter curtain to help catch you up on all things financial today. But first: Could I interest you in some life insurance? Yes, life insurance is one answer, but it's life insurance with a twist. This little-known tax tool, which may be coming under increasing scrutiny, is called private placement life insurance, or PPLI. It is effectively a life insurance policy that is owned by an offshore trust.
Step, a banking app designed for teens, said Tuesday it raised $300 million in debt. Step has now raised $500 million in equity and debt from a bevy of venture and celebrity backers. On Tuesday, financial-technology startup Step announced $300 million in debt funding led by venture-debt specialist TriplePoint Capital, with participation from Step's banking partner, Evolve Bank & Trust. The startup has previously raised $200 million in equity funding since launching in 2018. "In a matter of just the last couple of years, there's been a lot of volatility" in crypto, MacDonald said.
CFO Tricia Gugler told Insider about how it's staying disciplined when deploying capital. Whoop said the influx of capital elevated it to one of the most successful stand-alone human-performance companies in the world. The company recently announced the creation of a Women's Performance Collective which supports product development and research around women's performance. Preparing for a future capital structureWhile Whoop isn't publicly traded, Gugler said Whoop would be ready if it chose to go public. "We are very happy being a private company, but do believe WHOOP can be a successful company in the public markets," Gugler said.
NBA a anunțat echipa sezonului 2020/2021. În primul 5 au intrat Giannis Antetokounmpo, Nikola Jokic, Stephen Curry, Luka Doncic și Kawhi Leonard.Antetokounmpo, vedeta grupării Milwaukee Bucks, a acumulat numărul maxim de puncte - 500. El este, de altfel, singurul baschetbalist care a fost votat în prima echipă de toți cei 100 de jurnaliști și broadcasteri participanți la sondaj. Jokic a acumulat 498 de puncte, Curry - 496, Doncic - 402, iar Leonard - 323.În a doua echipă, adică cea de rezerve, au intrat Damian Lillard, Joel Embiid, Chris Paul, Julius Randle și LeBron James.În a treia echipă a ligii profesioniste nord-americane de baschet au fost votați Rudy Gobert, Jimmy Butler, Paul George, Bradley Beal și Kyrie Irving.De menționat că, recent, baschetbalistul sârb Nikola Jokic, liderul formației Denver Nuggets, a fost desemnat cel mai bun jucător al sezonului.
Persons: Nikola Jokic, Stephen Curry, Luka, Curry, Leonard, 323, Damian Lillard, Joel Embiid, Chris Paul, Julius Randle, Rudy, Jimmy Butler, Paul George, Bradley Beal, sârb Nikola Jokic Organizations: NBA, Milwaukee Bucks, Denver Nuggets Locations: americane, sârb, Denver
Dramatism la cote maxime într-un meci al ligii profesioniste nord-americane de baschet. Dallas Mavericks au smuls victoria la ultima fază a partidei cu Memphis Grizzlies, scor 114-113. Eroul meciului a fost slovenul Luka Doncic, care a reușit un buzzer beater cu una dintre cele mai spectaculoase aruncări de 3 puncte ale sezonului. Stephen Curry a reușit 11 de aruncări de 3 puncte, iar echipa sa – 24, egalând astfel propriul record. Curry a acumulat în total 42 de puncte.
Persons: Dallas Mavericks, Luka, Stephen Curry, Curry Organizations: Golden State Warriors, Oklahoma City Thunder Locations: americane, Dallas, Memphis, Oklahoma
Golden State Warriors i-au învins pe Milwauckee Bucks în unul dintre cele mai tari meciuri ale sezonului, scor 122-121. MVP-ul partidei a fost liderul "războinicilor", Stephen Curry. Astfel, Curry a fost cel care a contribuit la revenirea spectaculoasă a echipei sale pe final de meci. Warriors sunt pe locul 10 în clasamentul Conferinței de Vest, iar Bucks - pe locul 3 în Est. Pelicans sunt pe locul 11 în Vest și riscă să rateze play-off-ul.
Persons: Stephen Curry ., Curry, Hawks Organizations: Golden State Warriors, Warriors, New Orleans Pelicans Locations: americană, Bucks, Vest, Est, Atlanta, New Orleans, de Est
Nuggets s-au impus pe terenul adversarului cu scorul de 101-94. Gruparea din Florida a obținut a treia victorie consecutivă în NBA.Heat a dispus de Golden State Warriors cu scorul de 116-109. Vedeta formației californiene, Stephen Curry, a fost cel mai bun jucător al partidei cu 36 de puncte, însă s-a dovedit a fi insuficient pentru a ajuta echipa să câștige.Cleveland Cavaliers trece printr-o perioadă nefată în NBA. Echipa din statul american Ohio a suferit a patra înfrângere consecutivă și este pe penultimul loc în Conferința de Est. Cavaliers au pierdut meciul cu Philadelphia Sixers, scor 94-101.
Persons: Nuggets, . Jamal Murray, Michael Porter, Stephen Curry Organizations: Golden State Warriors, NBA, Cavaliers Locations: Florida, american Ohio, de Est, Philadelphia
Jucătorii echipei adverse nu au găsit un remediu pentru grecul de origine nigeriană, iar gruparea din statul Wisconsin s-a impus la final cu 125-115.Bucks se află pe locul 5 în Conferința de Est, iar lider este Philadelphia Seventy Sixers.Formația din Pennsylvania a învins cu 118-101 pe Charlotte Hornets și a obținut a patra victorie consecutivă.Într-o altă confruntare, Golden State Warriors a spulberat cu 137-106 pe Sacramento Kings. Cel mai prolific baschetbalist a fost din nou Stephen Curry. El a totalizat 30 de puncte, 9 recuperări și 8 pase decisive.
Persons: Charlotte Hornets, Sacramento Kings, Stephen Curry . Organizations: Bucks, Golden State Warriors Locations: nigeriană, Wisconsin, de Est, Philadelphia, Pennsylvania, Sacramento
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