FTX founder Sam Bankman-Fried faces a maximum possible sentence of 110 years in prison under federal sentencing guidelines for the massive fraud conspiracy that led to the collapse of his cryptocurrency exchange and a related hedge fund, a judge ruled Thursday. Judge Lewis Kaplan increased the sentencing guidelines range for Bankman-Fried after finding that he
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The government has been accused of “abandoning” its pledge to ban no fault evictions by the time of the next general election. Housing minister Jacob Young sent a letter to Conservative MPs dated 27 March which said the power under Section 21 of the Housing Act would remain in place until an assessment had been
A man in his 40s has been arrested on suspicion of gross negligence manslaughter in connection with the death of Gogglebox star George Gilbey. Essex Police say the 40-year-old is thought to have died after a fall at work. Gilbey appeared on the Channel 4 series alongside his mother Linda McGarry and stepfather Pete McGarry,
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in
Sir Keir Starmer has admitted Boris Johnson was “right” to propose levelling up but said he was “frustrated” by the former prime minister’s “unforgivable” failure to deliver. The Labour leader also claimed the policy, which defined Mr Johnson’s premiership, was “strangled at birth” by his successor, Rishi Sunak. Speaking to Sky News’ political editor Beth
Speaking with Chris Weston this morning, it was striking just how confident the Thames Water chief executive seems to be that a deal will eventually be struck between his shareholders and Ofwat, the industry regulator. The former are refusing to go ahead with what was a planned injection of fresh equity to the tune of
No wonder the Labour Party is desperate for a general election now and bitterly disappointed that Rishi Sunak has “bottled it”, in Keir Starmer’s words, and is sticking to his plan not to hold it until the autumn at the earliest. Sir John Curtice, the UK polling guru, has gone on the record that there
HD Hyundai Infracore (HDI) is set to debut a new, 35 kWh lithium phosphate battery pack to power the next generation of electrified commercial equipment. While the new HD Hyundai lithium phosphate battery isn’t technically out yet (it will officially bow at Intermat 2024 at Paris-Nord Villepinte next month), the battery pack has been in
The Met Office has warned there is a “small chance” of injuries and “danger to life” as a result of strong winds and large waves hitting the south of England. Winds of up to 70mph battered the south coast, along with hail and thunder, as the Easter weekend kicks off. Yellow weather warnings for rain
The chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries to secure its future. It comes as the business, which serves nearly a quarter of the UK’s population, struggles with more than £15bn of debt and the huge interest payments required
Politicians in France are debating on a bill that would ban hair discrimination. The draft law would extend pre-existing measures to explicitly outlaw discrimination over texture, length, colour or style – particularly those with curly, coiled or no hair at all. If passed, it would make France the first country in the world to recognise
Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions of dollars from his customers. He was the chief executive of FTX, which suddenly went bankrupt in November 2022 – leaving millions of users frozen out of their accounts and unable to make withdrawals. The 32-year-old
Sam Bankman-Fried was breathlessly described as a wunderkind – a boy wonder transforming the world of finance. Renowned for his messy hair and unkempt appearance, he graced the covers of Forbes and Fortune, who pondered whether he could become the next Warren Buffett. The 32-year-old was the founder of FTX, which had quickly become the
THE HAGUE, NETHERLANDS – MARCH 23:Dutch Prime Minister Mark Rutte meets with the President of the People’s Republic of China Xi Jinping at the Catshuis March 23, 2014 in The Hague, Netherlands. (Photo by Valerie Kuypers-Pool/Getty Images Valerie Kuypers-Pool | Getty Images News | Getty Images China’s technological progress cannot be stopped, Chinese President Xi
Kendra Andrews, ESPNMar 27, 2024, 07:40 PM ET Open Extended Reactions ORLANDO, Fla. — Since Draymond Green returned from his indefinite suspension in January, the Golden State Warriors have applauded the way he has maintained his fire while managing not to cross the line. He would bark at officials and play with physicality, but did
Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNY While prosecutors are requesting that FTX founder Sam Bankman-Fried spend 40 to 50 years in prison for his crimes, the defense team is urging the judge to consider a sentence that’s roughly 90% shorter. Bankman-Fried’s fate will be announced in Manhattan on
A pilot on board the cargo ship that crashed into the Baltimore bridge tried to swing it clear of a collision by dropping its port anchor to pivot it away, authorities said. The pilot and a second on board at the time of collision will be interviewed by the National Transportation Safety Board (NTSB) today.
In this article TSLA ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT A BYD Co. Atto 3 electric sport utility vehicle (SUV) on day two of the Geneva International Motor Show in Geneva, Switzerland, on Tuesday, Feb. 27, 2024. Bloomberg | Bloomberg | Getty Images China-made electric vehicles will make up more than a quarter of
Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. Check out this easy-to-use IRA savings calculator from Rewiring America that tells you what
Gogglebox star George Gilbey has died aged 40, a spokesperson for the show said. The reality star appeared on the Channel 4 series alongside his mother Linda McGarry and stepfather Pete McGarry, who died aged 71 in 2021. He also appeared on the 14th series of Celebrity Big Brother in 2014, reaching the final. Image: