 |
FTX founder Sam Bankman-Fried's crypto fraud lands him 25 years in prison. The U.S. says it warned Russia "in writing" about a terrorist threat before a concert shooting in Moscow. And could the solar eclipse be dangerous? 👀 |
👋 Hi! Laura Davis here. It's that time again: Thursday's news! Let's get to it. |
FTX founder sentenced for $8 billion crypto fraud |
Sam Bankman-Fried was sentenced to 25 years in prison Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall. |
From the courtroom: U.S. District Judge Lewis Kaplan handed down the sentence after rejecting Bankman-Fried's claim that FTX customers did not actually lose money and accusing him of lying during his testimony. |
How we got here: A jury in November found Bankman-Fried, 32, guilty on seven fraud and conspiracy counts stemming from FTX's 2022 collapse in what prosecutors have called one of the biggest financial frauds in U.S. history. Kaplan said he had found that FTX customers lost $8 billion, FTX's equity investors lost $1.7 billion, and lenders to the Alameda Research hedge fund Bankman-Fried founded lost $1.3 billion. 👉 Everything that happened in court. | Sam Bankman-Fried testifies before the House Financial Services Committee in 2021. Bankman-Fried was sentenced to 25 years in prison after being convicted on fraud and conspiracy charges. Alex Wong, Getty Images |
Massive cleanup challenge in Baltimore |
Authorities forged ahead Thursday with a salvage operation to remove the mangled wreckage from the Patapsco River before recovering the bodies of four construction workers and clearing the waterway so the Port of Baltimore, a crucial East Coast shipping hub, can resume operations. |
Victims recovered: On Wednesday, rescuers found the bodies of two men trapped in a red pickup around the bridge's middle span, officials said. According to authorities, the workers were from Mexico, Guatemala, El Salvador and Honduras. Four were still missing. |
Massive efforts: The piles of wreckage in the water, as well as the 984-foot-long cargo ship, forced authorities to shut down the port, which handles more cars and farm equipment than any other port in the nation. Addressing the close collaboration between local, state and federal officials, Maryland Gov. Wes Moore called it a "global crisis." 📍 More updates. | NTSB investigators on the cargo vessel Dali, which struck and collapsed the Francis Scott Key Bridge on March 26, 2024. Peter Knudson/NTSB |
😎 Watch out for danger during the eclipse |
The upcoming solar eclipse, as exciting and fun as it promises to be, also comes with a growing number of safety warnings – both for what will happen in the sky and on the ground April 8. |
Look out: Safety is always a concern around solar eclipses, when millions of people will look to the sky as the moon passes in front of the sun. You have to wear special glasses – and you should probably stand still to avoid tripping over something. ☀️ Some other things to watch out for. | People watch the Aug. 21, 2017, solar eclipse with their protective glasses at Arizona State's Tempe campus. Proper protective eyewear is essential for safely viewing the upcoming eclipse on April 8. Nick Oza/The Republic / USA TODAY NETWORK |
US: Russia was warned before terrorist attack |
The U.S. had warned Russia "in writing" about the terrorist attack at the Moscow concert venue that left at least 143 dead, the White House said Thursday. |
The warning: John Kirby, a White House spokesman on national security, condemned Russian President Vladimir Putin for blaming others even after the Islamic State had claimed responsibility for the attack. He said the U.S. provided "clear, detailed information" about a terrorist threat in Russia two weeks before the March 22 massacre at Moscow's Crocus City Hall. |
Blame game: Russian officials have "sought to deflect blame onto Ukraine, the United States and everyone else who suits their political narratives," Kirby said. 👉 More about the warning. | Smoke rises above the burning Crocus City Hall concert venue following a reported shooting incident, outside Moscow, Russia, March 22, 2024. Maxim Shemetov, REUTERS | | | | The march to the World Series starts Thursday with Major League Baseball's 2024 season getting underway. Stay tuned for highlights. | | | |  | Truth Social's parent company soared out of the gate Tuesday but volatile trading shook Trump's namesake social media company Thursday. | | | | Matthew Maddock, a Republican lawmaker is feeling the heat after referring to student athletes traveling to Detroit for March Madness. | | | | The rare showing of three presidents presents a united Democratic front for Joe Biden and will haul in at least $25 million for the Biden campaign. | | | | The Hershey Company announced Monday that Louie, a raccoon from South Florida, was crowned 2024 Cadbury Bunny. He has earned a starring role in a commercial and a cash prize. | | | | Likely No. 1 pick in the 2024 NFL Draft, Caleb Williams, riled up some fans after it was revealed that he had painted nails at basketball game. | | | | Police confirmed that four people are dead and seven are injured after a violent rampage Wednesday in a northern Illinois neighborhood. | | | | Beyoncé calls out country for making her feel unwelcome in her new album, which releases March 29. She breaks a long-standing culture of silence. | | | | The first day of the Sweet 16 brings four matchups from the East and West Regions on Thursday. A breakdown of the key points and who might advance. | | | | Kim Kardashian has been sued by the foundation of the late Donald Judd, who claims the reality star promoted "knockoff" versions of his work. | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
No comments:
Post a Comment