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plus, 25 years injail for the former king of crypto. has the downfall of sam bankman—fried done permanent harm to the digital currency dream?
plus, 25 years injail for the former king of crypto. has the downfall of sam bankman—fried done permanent harm to the digital currency dream?
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sam bankman—fried, the 32—year—old once known as the crypto king, is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. hello. i'm caitriona perry. you've very welcome. let's start in the middle east, where the syrian defence ministry says israel carried out an air strike on the city of aleppo. reports say at least 36 people — including some hezbollah fighters — were killed. syrian officials say aleppo had also come under fire from drones launched by what it called "terrorist groups". a british—based monitoring group the syrian observatory for human rights said the strikes targeted weapons stores near aleppo international airport. contacted by the afp news agency, the israeli military said it would "not comment on reports in the foreign media". the international court ofjustice has ordered israel to take all necessary action to ensure that basic food supplies reach palestinians facing hunger in gaza. thejudges said the israeli military must not violate the international convent
sam bankman—fried, the 32—year—old once known as the crypto king, is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. hello. i'm caitriona perry. you've very welcome. let's start in the middle east, where the syrian defence ministry says israel carried out an air strike on the city of aleppo. reports say at least 36 people — including some hezbollah fighters — were killed. syrian officials say...
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the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison. a federaljudge at manhattan court house ruled that the 32—year—old knew he acted criminally but had shown no remorse. mr bankman—fried, who's expected to appeal the sentence, apologised for his actions but did not admit to criminal wrongdoing. he was found guilty of fraud and money laundering last year. before his firm's collapse in 2022, the former billionaire became a celebrity atop a crypto empire. prosecutors said he raided customer accounts for bribes, illegal political donations and risky investments. our business correspondent michelle fleury has more. thejudge had to decide a couple of things and took into account age, losses involved an impact on the victims and also the message of the tarrant and he settled on 25 years for sam bankman—fried, sending him to prison for that time. it was less than lawyers who had been prosecuting the case had asked for you wanting, 14—15 years and by contrast lawyers for mr bankman—fried said he should get less than
the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison. a federaljudge at manhattan court house ruled that the 32—year—old knew he acted criminally but had shown no remorse. mr bankman—fried, who's expected to appeal the sentence, apologised for his actions but did not admit to criminal wrongdoing. he was found guilty of fraud and money laundering last year. before his firm's collapse in 2022, the former billionaire became a...
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it's very much a bitcoin story and crypto is still searching for those cases. we will leave _ searching for those cases. we will leave it _ searching for those cases. we will leave it there. steven ehrlich, director of research at forbes crypto, thank you for joining us on bbc news.- joining us on bbc news. thank ou. the biden administration has approved maryland's request for $60 million in aid for recovery efforts after a bridge in baltimore collapsed when it was hit by a cargo ship. divers have so far found the bodies of two people in a red pick—up truck underwater. eight workers were on the bridge when it was hit by the cargo ship dali, plunging them into the waters below. two were rescued on the day, but the search continues for four other men who were working on the bridge repairing potholes. all are now presumed dead. investigators say the container ship that crashed, and still remains in the patapsco river, was carrying more than 700 tons of hazardous materials. the jobs of at least 8,000 workers at the port of baltimore are affected by the collapse o
it's very much a bitcoin story and crypto is still searching for those cases. we will leave _ searching for those cases. we will leave it _ searching for those cases. we will leave it there. steven ehrlich, director of research at forbes crypto, thank you for joining us on bbc news.- joining us on bbc news. thank ou. the biden administration has approved maryland's request for $60 million in aid for recovery efforts after a bridge in baltimore collapsed when it was hit by a cargo ship. divers...
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that's the crypto training platform. many of them are losing hope. we heard from one of them, saying he was living in ftx nightmare. >> michelle fleury for us there in new york. good to have you on the show. thank you. as american journalist evan gershkovich approaches his first full year in russian detention, the kremlin says it won't talk publicly about the possible talk of any prisoner exchange. he was arrested in russia on suspicion of espionage. moscow accuses the wall street journal reported of trying to obtain military secrets while reporting on the war in ukraine. evan gershkovich, the wall street journal and the u.s. deny accusations of wrongdoing. i spoke with his sister and paul beckett on their efforts to bring evan home. danielle, i will start with you. we talked in december. first of all, how are you and your family doing? >> we are holding on. we in this past year have been learning about being advocates for evan. we are continuing to move forward, continuing to trust that the white house is taking this very seriously and that there is
that's the crypto training platform. many of them are losing hope. we heard from one of them, saying he was living in ftx nightmare. >> michelle fleury for us there in new york. good to have you on the show. thank you. as american journalist evan gershkovich approaches his first full year in russian detention, the kremlin says it won't talk publicly about the possible talk of any prisoner exchange. he was arrested in russia on suspicion of espionage. moscow accuses the wall street journal...
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failed for 25 years, a former billionaire crypto boss sam bankman-fried is cvicted of one of the biggest financial frauds in u.s. history. also coming up on "the world today," tackling homelessness through football. we look at a new netflix movie helping to make a change. ♪ hello and welcome to the world today from bbc news where we start with breaking news coming in to us now from south africa, where at least 45 people have died in a bus crash. the department of transport says the vehicle, traveling from botswana to limpopo province, plunged off a high bridge into a ravine after colliding with the crash barrier. it then burst into flames when it hit the ground. local media is reporting that an eight-year-old girl was the only survivor. the precise cause of the crash is currently being investigated. just to reiterate what we just told you, there has been a serious bus crash in south africa. transportation authorities have been informing us that we believe that 45 people at least have been killed in this crash. this vehicle plunged off a high bridge into a ravine, colliding with a crash
failed for 25 years, a former billionaire crypto boss sam bankman-fried is cvicted of one of the biggest financial frauds in u.s. history. also coming up on "the world today," tackling homelessness through football. we look at a new netflix movie helping to make a change. ♪ hello and welcome to the world today from bbc news where we start with breaking news coming in to us now from south africa, where at least 45 people have died in a bus crash. the department of transport says the...
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he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange ftx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out his entire business was built on lies. ajury convicted him here in this courthouse in november on fraud and conspiracy charges after only five hours of deliberations — a nod to the strength of the government's case. nowjudge lewis kaplan has sentenced him to 25 years in prison, saying bankman—fried knew his actions were wrong and criminal and that he made a bad bet that he wouldn't get caught. judge kaplan said the losses to ftx customers, investors and lenders totalled more than $11 billion. bankruptcy proceedings have been able to claw back much of the money, but the judge said that doesn't absolve bankman—fried. the prosecution was able to show multiple times where sam had the opportunity to do the right thing, to come clean, and he chose not to d
he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange ftx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out his entire business was built on lies. ajury convicted him here in this courthouse in november on fraud and conspiracy charges after only five hours of deliberations — a nod to the...
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he was dubbed the crypto king. 32—year—old sam bankman—fried became a billionaire through his cryptocurrency exchange platform ftx, but but the company collapsed spectacularly in 2022. now he will spend 25 years in prison for lying to investors and stealing customers funds. for more on this here's our north america business correspondent erin delmore. tell us more about it. the judge tell us more about it. the 'udge said today in i tell us more about it. the 'udge said today in a i tell us more about it. the 'udge said today in a court * tell us more about it. the judge said today in a court house - tell us more about it. the judge l said today in a court house behind me that he rejected entirely sam bankman—fried's claims that there were no actual losses when the cryptocurrency exchange ftx collapsed in november 2022. instead, thejudge pointed collapsed in november 2022. instead, the judge pointed to $8 collapsed in november 2022. instead, thejudge pointed to $8 billion in losses from customers, and more losses from customers, and more losses by creditors and investors totalling more than
he was dubbed the crypto king. 32—year—old sam bankman—fried became a billionaire through his cryptocurrency exchange platform ftx, but but the company collapsed spectacularly in 2022. now he will spend 25 years in prison for lying to investors and stealing customers funds. for more on this here's our north america business correspondent erin delmore. tell us more about it. the judge tell us more about it. the 'udge said today in i tell us more about it. the 'udge said today in a i tell...
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the former billionaire crypto boss sam bankman—fried, who was convicted for one of the biggest financial crimes in us history, is about to be sentenced. these are the live pictures from outside the manhattan federal court where bankman—fried faces decades in prison forfraud and money laundering. the un investigates what it says is a plausible case of israel using starvation as a weapon of war in gaza. as india prepares to go to the polls, the country's largest minority tells the bbc they feel marginalised and suppressed — we have a special report. the most beautiful thing about india is its diversity but that is now being crushed, and the main victims are muslims. and scotland could become the first uk nation to provide terminally ill people with assistance to end their lives.
the former billionaire crypto boss sam bankman—fried, who was convicted for one of the biggest financial crimes in us history, is about to be sentenced. these are the live pictures from outside the manhattan federal court where bankman—fried faces decades in prison forfraud and money laundering. the un investigates what it says is a plausible case of israel using starvation as a weapon of war in gaza. as india prepares to go to the polls, the country's largest minority tells the bbc they...
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a reckoning for the fallen crypto king. sam bankman—fried is due to be sentenced for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. more industrial action against amazon as workers in birmingham in the uk strike over pay and union rights. welcome to world business report. we start in the new york — where sam bankman—fried — the former cryptocurrency tycoon convicted of stealing billions of dollars from customers — is due to be sentenced for his crimes. the 32—year old founder of the collapsed crypto exchange ftx could face decades in prison.
a reckoning for the fallen crypto king. sam bankman—fried is due to be sentenced for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. more industrial action against amazon as workers in birmingham in the uk strike over pay and union rights. welcome to world business report. we start in the new york — where sam bankman—fried — the former cryptocurrency tycoon convicted of stealing billions of dollars from customers — is due to be sentenced...
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former billionaire crypto boss sam bankman—fried, who was convicted of fraud and money laundering last year, returns to court for sentencing. scotland could become the first uk nation to provide terminally ill people with assistance to end their lives if a bill that has been introduced at holyrood is approved. the thames water crisis deepens as shareholders refuse to inject extra money into the uk's largest water company. and queen camilla departs the royal maundy thursday service — there's a message from the absent king. we need and benefit greatly from those who extend the hand of friendship to us. especially in a time of need. hello, welcome to bbc news now, three hours of fast—moving news, interviews and reaction.
former billionaire crypto boss sam bankman—fried, who was convicted of fraud and money laundering last year, returns to court for sentencing. scotland could become the first uk nation to provide terminally ill people with assistance to end their lives if a bill that has been introduced at holyrood is approved. the thames water crisis deepens as shareholders refuse to inject extra money into the uk's largest water company. and queen camilla departs the royal maundy thursday service — there's...
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i asked him, have you killed crypto? it was in the doldrums. we had seen previous scandals in 2022 and his was the worst by far. he said at the time i hope not, and i don't think it has because i think it stronger than that. it turns out he was right. if you look at the state of crypto now it has slowly this year built up and built up and it is stronger than ever. . ~' built up and it is stronger than ever. ., ~ , ., y built up and it is stronger than ever. ., ~ i. , . built up and it is stronger than ever. . ~' y . ., ever. thank you very much. you will be back with — ever. thank you very much. you will be back with me _ ever. thank you very much. you will be back with me in _ ever. thank you very much. you will be back with me in a _ ever. thank you very much. you will be back with me in a little _ ever. thank you very much. you will be back with me in a little while. i we're expecting sentencing to take place in new york in the coming hours. we will of course bring you the latest from the courthouse as soon as we get it. you can watch our
i asked him, have you killed crypto? it was in the doldrums. we had seen previous scandals in 2022 and his was the worst by far. he said at the time i hope not, and i don't think it has because i think it stronger than that. it turns out he was right. if you look at the state of crypto now it has slowly this year built up and built up and it is stronger than ever. . ~' built up and it is stronger than ever. ., ~ , ., y built up and it is stronger than ever. ., ~ i. , . built up and it is...
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former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. thames water crisis deepens as shareholders refuse to inject extra money into the uk�*s largest water company. two bodies inside a submerged pickup truck have been recovered from beneath the collapsed bridge in baltimore.
former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. thames water crisis deepens as shareholders refuse to inject extra money into the uk�*s largest water company. two bodies inside a submerged pickup truck have been recovered from beneath the collapsed bridge in baltimore.
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a reckoning for the fallen crypto king. sam bankman—fried is to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. the crisis at thames water deepens as shareholders refuse to inject extra cash into the uk's largest water company. hello and welcome to world business report, i'm lukwesa burak. we start in the us, where in the next few hours sam bankman—fried — the former cryptocurrency tycoon, convicted of stealing billions of dollars from customers — will be sentenced for his crimes. the 32—year old founder of the collapsed crypto exchange ftx could now face decades in prison.
a reckoning for the fallen crypto king. sam bankman—fried is to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. the crisis at thames water deepens as shareholders refuse to inject extra cash into the uk's largest water company. hello and welcome to world business report, i'm lukwesa burak. we start in the us, where in the next few hours sam bankman—fried — the former cryptocurrency tycoon, convicted of...
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and former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. queen camilla arrives for the annual maundy service — with a message from the absent king. we start in the middle east, where israeli airstrikes and fierce fighting between israel and hamas have continued around at least three hospitals in the gaza strip. the israeli military says it is taking steps
and former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. queen camilla arrives for the annual maundy service — with a message from the absent king. we start in the middle east, where israeli airstrikes and fierce fighting between israel and hamas have continued around at least three hospitals in the gaza strip. the israeli military says it is taking steps
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the 32—year—old founder of collapsed crypto exchange ftx could now face decades in prison. our cyber correspondentjoe tidy was the last person to interview bankman—fried before he was arrested in december 2022. he reports on the rise and downfall of the man behind one of the biggest financial crimes in us history. interesting thing that's been happening pretty recently is that the bitmex bitcoin perpetual futures ran up a lot in price. this was sam bankman—fried in his element — at his desk, talking crypto and making incredible profits. his hair and shabby look were all part of the appeal and brand. sbf, as he was known by legions of fans online, portrayed himself as a maths genius who wasn't interested in personal wealth. it was all about developing the cryptocurrency industry and giving to charities. this is big. but ftx, his cryptocurrency exchange that sold bitcoin and other virtual currencies for normal money, like pounds and dollars, grew to be the centrepiece of a sprawling business worth $32 billion. so, when it all came crashing down in december 2022, more th
the 32—year—old founder of collapsed crypto exchange ftx could now face decades in prison. our cyber correspondentjoe tidy was the last person to interview bankman—fried before he was arrested in december 2022. he reports on the rise and downfall of the man behind one of the biggest financial crimes in us history. interesting thing that's been happening pretty recently is that the bitmex bitcoin perpetual futures ran up a lot in price. this was sam bankman—fried in his element — at...
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a reckoning for the fallen crypto king. sam bankman—fried to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. also coming up, spoiling the party. how soaring rents in tourist hotspots like ibiza are making locals homeless and starving businesses of vital staff. plus, sleep tight, mind the bed bugs don't bite. uk hotels have seen levels of the pest almost triple in the past two years. could ai tech bring a whole new meaning to the phrase software debugging? hello and welcome. if you just joined us, i'm sally bundock.
a reckoning for the fallen crypto king. sam bankman—fried to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. also coming up, spoiling the party. how soaring rents in tourist hotspots like ibiza are making locals homeless and starving businesses of vital staff. plus, sleep tight, mind the bed bugs don't bite. uk hotels have seen levels of the pest almost triple in the past two years. could ai tech bring a...