Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
“Sam is not the ‘evil genius’ depicted in the media or the greedy villain described at trial,” Bankman-Fried attorney Marc Mukasey said.
Against the backdrop of the ongoing Russia-Ukraine war, 14 EU nations called for more funding from the European Investment Bank for strictly military use equipment.
“Sam is not the ‘evil genius’ depicted in the media or the greedy villain described at trial,” Bankman-Fried attorney Marc Mukasey said.
According to the Internet Crime Complaint Center, online scams defrauded Americans out of $12.5 billion in 2023, with Americans over 60 bearing the brunt with $3.4 billion in losses.
At stake was not just bragging rights to the creation of bitcoin, the world’s most popular virtual currency, but control of the intellectual property rights.
Two bills would require able-bodied adults who receive food stamps to participate in mandatory employment and training programs, with a few exceptions.
WASHINGTON — A federal court in Washington, D.C., granted the Federal Deposit Insurance Corporation’s motion to strike two experts’ reports in its case against Bank of America, which allegedly illegally reduced its FDIC insurance premiums by $1.12 billion between 2012 and 2014. The experts are qualified, but their opinions took on the role of the court in drawing legal conclusions and interpreting regulations, and the role of the jury in drawing factual conclusions.
“The way that it was laid out was just so darn easy to understand and I just see it being helpful for so many millions of people.”
In a settlement with the U.S. Department of Education, the private Christian university agreed to also spend $2 million for campus safety and compliance enhancements.
BOISE, Idaho — A federal court in Idaho granted the Securities and Exchange Commission’s motion for penalties against a crypto investment broker who lured investors into paying millions into his company through false representations, then misappropriated the funds for his personal use. He’ll disgorge over $5.2 million in ill-gotten gains, over $125,000 in interest, and will pay almost $7 million in civil penalties.
Bitcoin has a history of drastic swings in price — which can come suddenly in trading that continues at all hours, every day.
The regulation would apply to large credit issuers and cap late penalties at $8.