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May 13, 2024
05/24
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years in prison, and as we know, some of the attorneys in here, the prosecutors, were involved in the ftx trial very recently as well. so this is an office coming very hard down on white collar crime. >> sonali, has nothing changed to protect this from happening again, from counter party perspectives? >> that's the best question coming out of this, because this trial does have the potential to draw light again to a lot of the practices that got us here. if you think about it, rules in some form have been altered. the s.e.c. had taken a look at it, they fought over jurisdiction around a lot of these trades. some of the ways that they have been changed were simply post-2008, dodd frank rules, that were changed not until recently. but with family offices and disclosure, that's not been changed, and that is something that regulators may take a look at once again given what happened here and given that nothing is really distant for any future problems. caroline: sonali, we thank you for being outside the manhattan court. now let's go to you, ed. ed: let's get other headlines in today's talking
years in prison, and as we know, some of the attorneys in here, the prosecutors, were involved in the ftx trial very recently as well. so this is an office coming very hard down on white collar crime. >> sonali, has nothing changed to protect this from happening again, from counter party perspectives? >> that's the best question coming out of this, because this trial does have the potential to draw light again to a lot of the practices that got us here. if you think about it, rules...
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May 9, 2024
05/24
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. >>> ftx says nearly all its customers will receive the money back that they're owed for more than two years after the cryptocurrency exchange collapsed. now it's part of a bankruptcy plan filed in a delaware court. ftx founder and former ceo sam bankman-fried is now serving a 25 year sentence connected to the collapse reed. >>> the california lawmakers wants to ban stores from selling certain anti-aging skin care products to children under 13. yes, children anti-aging. south bay member alex league told us if the bill passes it could force stores to post warnings or even require id checks to buy. doctors say some of the products like retinol based creams can be damaging to younger complexions. and just also aren't necessary for kids. >> when you are a kid, everything in your skin is working perfectly. it has a mechanism in place to exfoliate and to turn over and to do all the things that it's supposed to do. and so you don't need any expensive fancy skin care. >> well, this proposal is a first for california but just a few months ago, a swedish pharmacy chain actually restrict customer
. >>> ftx says nearly all its customers will receive the money back that they're owed for more than two years after the cryptocurrency exchange collapsed. now it's part of a bankruptcy plan filed in a delaware court. ftx founder and former ceo sam bankman-fried is now serving a 25 year sentence connected to the collapse reed. >>> the california lawmakers wants to ban stores from selling certain anti-aging skin care products to children under 13. yes, children anti-aging. south...
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May 9, 2024
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. >>> nearly two years after its catastrophic collapse, ftx will return money to its customers. according to a new court filing, the cryptocurrency exchange owes roughly $11.2 billion to its creditors. about 98% of customers are eligible. those that claim $50,000 or less will get about 118% of their claim. ceo and founder sam bankman-fried is serving a 25-year prison sentence after been convicted of fraud and conspiracy. >>> it's the end of an era for general motors. after 60 years on the road, the detroit automaker is shutting down production of its chevy malibu. the change takes effect this november, and gm says it will make room for a bigger focus on electric vehicles. >>> and this could be the most expensive slice of pineapple you've ever seen. del monte is introducing this new and rare red pineapple. it's called the ruby glow and is being advertised as a luxury designer piece of fruit. it's sold without its spiky crown and packaged in a box, but it won't be easy to find. there's a global wait list, and some retailers are selling them for up to $396 each. >>> that's your cbs
. >>> nearly two years after its catastrophic collapse, ftx will return money to its customers. according to a new court filing, the cryptocurrency exchange owes roughly $11.2 billion to its creditors. about 98% of customers are eligible. those that claim $50,000 or less will get about 118% of their claim. ceo and founder sam bankman-fried is serving a 25-year prison sentence after been convicted of fraud and conspiracy. >>> it's the end of an era for general motors. after 60...
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May 9, 2024
05/24
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plus ftx customers are set to get their money back. we'll dig into the recovery plan the failed crypto currency exchange is now proposing. we'll be right back with all of that. s now propinosg. we'll be right back with all of that it's a beautiful... ...day to fly. wooooo! i thought i was sleeping ok... but i was waking up so tired. then i tried new zzzquil sleep nasal strips. their four—point lift design opens my nose for maximum air flow. so, i breathe better. and we both sleep better. and stay married. (man) mm, hey, honey. and we both sleep better. looks like my to-do list grew. "paint the bathroom, give baxter a bath, get life insurance," hm. i have a few minutes. i can do that now. oh, that fast? remember that colonial penn ad? i called and i got information. they sent the simple form i need to apply. all i do is fill it out and send it back. well, that sounds too easy! (man) give a little information, check a few boxes, sign my name, done. they don't ask about your health? (man) no health questions. -physical exam? -don't need
plus ftx customers are set to get their money back. we'll dig into the recovery plan the failed crypto currency exchange is now proposing. we'll be right back with all of that. s now propinosg. we'll be right back with all of that it's a beautiful... ...day to fly. wooooo! i thought i was sleeping ok... but i was waking up so tired. then i tried new zzzquil sleep nasal strips. their four—point lift design opens my nose for maximum air flow. so, i breathe better. and we both sleep better. and...
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May 9, 2024
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. >> reporter: today sam bankman-fried founder and ceo of crypto exchange ftx is facing criminal indictments and a wave of civil complaints. >> the sam bankman-fried indictment complicated financial instruments, international currency s,exchanges, and a who lot more.ng it was a first of its kind case for the justice department and for the judicial system that would hear that case, and it took ten months for that case with all its myriad complexities to go to trial. sam bankman-fried was indicted infr the month of december. by the following october he was sitting in a courtroom. as it turns out that is a fair lestandard amount of time for major cases. in october of 2017 former trump campaign manager paul manafort was arrested and charged by robert mueller in washington, d.c. for money laundering and failing to register as a foreign agent. mueller followed that with more related tax and bank fraud charges in virginia a few months later. so two high stakes cases involving the former campaign manager of a sitting u.s. president. but even with all that, the time from manafort's initial arrest to
. >> reporter: today sam bankman-fried founder and ceo of crypto exchange ftx is facing criminal indictments and a wave of civil complaints. >> the sam bankman-fried indictment complicated financial instruments, international currency s,exchanges, and a who lot more.ng it was a first of its kind case for the justice department and for the judicial system that would hear that case, and it took ten months for that case with all its myriad complexities to go to trial. sam bankman-fried...
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May 9, 2024
05/24
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investors who lost money in the collapse of crypto exchange ftx. they're getting their money back. >> lawyers from the bay area based company say that customers will recover every dollar they invested. plus interest. they say the first checks are going to start going out in a few months. coming up next, chaos for travelers. that's what san francisco officials say will happen once the open airport. >> changes its name to add san francisco to it. their attempt to try to stop the name change. plus the investigation into an electric vehicle after a family of 4 was killed. a family of 4 was killed. >> in the east bay. ( ♪♪ ) you made a cow! actually it's a piggy bank. my inspiration to start saving. how about a more solid way to save? i'm listening. well, bmo helps get your savings habit into shape with a cash reward every month you save. both: cash reward? and there's a cash bonus when you open a new checking account to get you started. wow. anything you can't do? ( ♪♪ ) mugs. ♪ bmo ♪ >> now to answer any questions remain about a potential
investors who lost money in the collapse of crypto exchange ftx. they're getting their money back. >> lawyers from the bay area based company say that customers will recover every dollar they invested. plus interest. they say the first checks are going to start going out in a few months. coming up next, chaos for travelers. that's what san francisco officials say will happen once the open airport. >> changes its name to add san francisco to it. their attempt to try to stop the name...
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May 9, 2024
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ftx collapsed in november, earlier this year the former founder was sentenced. there is something new at the u.s. capitol. she played a key role in desegregating public schools. the state is adding a statue of johnny cash. still to come on the newshour. congress grills leaders about anti-semitic incidents. prosthetics and hope for the future as the war wages on. he >> this is the pbs newshour at arizona state university. >> the ongoing debate about how colleges and cities are handling protest laid out in washington dc today. early this morning hours before , mayor muriel bowser was being called to testify on the hill, about this police began clearing , out encampments and gatherings at the campus of george wasington university. neary three dozen people were arrested. the hearing was later canceled. over the past week, newshour producers visited that encampment and other campuses across the country to hear why students are protesting, and about the language being used and the limits of free speech. stephanie sy has our report. stephanie: more than -- for nearly t
ftx collapsed in november, earlier this year the former founder was sentenced. there is something new at the u.s. capitol. she played a key role in desegregating public schools. the state is adding a statue of johnny cash. still to come on the newshour. congress grills leaders about anti-semitic incidents. prosthetics and hope for the future as the war wages on. he >> this is the pbs newshour at arizona state university. >> the ongoing debate about how colleges and cities are...
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May 9, 2024
05/24
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plus interest the refunds will be based upon their value just before ftx went bankrupt. a recent surge in the crypto market has driven values to triple what they were in 2022. victims will not benefit from that surge. the first checks start going out in few months. >> google will be leaving one market plaza in san francisco when its lease expires. a company spokesperson confirmed to kron 4 the company will move out of one markets spirit hour later this year. but we'll continue to occupy one markets landmark building employees who are based one market spirit hour will be moved to other nearby google buildings in san francisco. >> taking a live look outside now at downtown san francisco. another absolutely beautiful day out there today. it really calm in the day in terms of >> temperatures really pleasant, windy, but we are dealing with anything compared to the rest of the country, you know, have been really lord's going through it. i mean, deaths, destruction. it's been horrible. yeah, these last 3 weeks just been unbelievable. across the country's midsection. >> tonight,
plus interest the refunds will be based upon their value just before ftx went bankrupt. a recent surge in the crypto market has driven values to triple what they were in 2022. victims will not benefit from that surge. the first checks start going out in few months. >> google will be leaving one market plaza in san francisco when its lease expires. a company spokesperson confirmed to kron 4 the company will move out of one markets spirit hour later this year. but we'll continue to occupy...
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May 9, 2024
05/24
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proyecto está en sus inicios y se prevé que su documentación se presente en septiembre y clientes de ftx, la compañía de criptomonedas que cerró en 2022 tras un fraude relaciona podría recuperar el dinero perdido? es que los abogados de la compañía han presentado un plan para que los afectados reciban un pago en efectivo que represente el 118% de las inversiones que hicieron a dicha empresa. sin embargo, de confirmarse, dijeron que tendrían que pasar varios meses para que comiencen a realizarse los pagos. por otra parte, la industria de las salas de cine sufrió un revés tras conocerse que en los últimos 5 años la venta de boletos en la cadena amc 65% y en otras compañías como cinemark y regal manejan cifras similares. el dato fue revelado en un informe de la compañía de la compañía en el que agregan que una de las razones es que la gente está prefiriendo ver películas en casa, lo que también habría provocado el cierre de algunas sucursales. menos afluencia. y hablando de negocios, con el fin de salir adelante y aconsejando precisamente o aconsejado por parte de un am
proyecto está en sus inicios y se prevé que su documentación se presente en septiembre y clientes de ftx, la compañía de criptomonedas que cerró en 2022 tras un fraude relaciona podría recuperar el dinero perdido? es que los abogados de la compañía han presentado un plan para que los afectados reciban un pago en efectivo que represente el 118% de las inversiones que hicieron a dicha empresa. sin embargo, de confirmarse, dijeron que tendrían que pasar varios meses para que comiencen a...
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May 8, 2024
05/24
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ftx collapsed in november 2022. earlier this year, former ceo and founder sam bankman-fried was sentenced to 25 years in prison for fraud. on wall street, stocks mostly drifted for a second day. the dow jones industrial average gained 172 points to close at 39,056. the nasdaq fell 29 points. the s&p 500 was down a fraction. and there's something new in statuary hall at the u.s. capitol, where each state displays its own prominent, historical figures. today, arkansas unveiled a statue depicting civil rights leader and journalist daisy bates. she played a key role in hools.egating the state's public the state is also adding a statue of country music great johnny cash. they'll replace figures with confederate and white supremacist backgrounds. still to come on the "newshour", congress grills leaders of some of the nation's largest school districts about the rise in antisemitism in their schools. and ukrainians who've lost limbs in the figth with russia receive -- fight with russia receive prosthetics, and hope for the
ftx collapsed in november 2022. earlier this year, former ceo and founder sam bankman-fried was sentenced to 25 years in prison for fraud. on wall street, stocks mostly drifted for a second day. the dow jones industrial average gained 172 points to close at 39,056. the nasdaq fell 29 points. the s&p 500 was down a fraction. and there's something new in statuary hall at the u.s. capitol, where each state displays its own prominent, historical figures. today, arkansas unveiled a statue...
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May 8, 2024
05/24
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CNNW
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it is extremely rare for that to happen we'll company in bankruptcy ftx as it's been able to recover assets, were roughly $15 and we'll use them to pay stakeholders back in march, former ftx ceo sam bankman-fried with sentence two once you've five years in prison on fraud and conspiracy charges, and nasa's boeing starliner will take off next week for the international space station. two astronauts were already he strapped into the capsule. they were ready to go on monday when a valve started buzzing and that launch was scrubbed the last minute for safety. now says the valve is being replaced and it will announce a new launch time soon and speaking of flying high wnba commissioner kathy englebart's says, the league will start for flying. it's athletes on private planes instead of flying commercial is they do now during the regular season for years, players have complained of safety concerns and security security issues at airports engelberg told a group of sports editors the league is committing 50 million over the next two seasons. they're going to start flying the women on chartered
it is extremely rare for that to happen we'll company in bankruptcy ftx as it's been able to recover assets, were roughly $15 and we'll use them to pay stakeholders back in march, former ftx ceo sam bankman-fried with sentence two once you've five years in prison on fraud and conspiracy charges, and nasa's boeing starliner will take off next week for the international space station. two astronauts were already he strapped into the capsule. they were ready to go on monday when a valve started...
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May 8, 2024
05/24
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plus interest the refunds will based upon their value just before ftx went bankrupt. a recent surge in the crypto market has driven values to triple what they were in 2022. victims will benefit from that surge. the first checks are going to start going out in a few months. rent continues to outpace wages, rent prices in the u.s. story. 30 1% since 2019, while income only grew by 20% over the same time period, according to zillow, rent has increased more than wages. and 44 of the 50 largest metro areas, the median rent in san francisco as a little over $3,000 a month. california representative eric swalwell along with other u.s. representatives have introduced a bill that will make buying a home easier and more accessible for teachers. that's what they say. the educator down payment assistance act would give local governments the ability to offer down payment assistance. this will provide aid to full-time public school educators and school staff who do this when they buy their first home with rising costs of rental properties. teachers spend about half of their salarie
plus interest the refunds will based upon their value just before ftx went bankrupt. a recent surge in the crypto market has driven values to triple what they were in 2022. victims will benefit from that surge. the first checks are going to start going out in a few months. rent continues to outpace wages, rent prices in the u.s. story. 30 1% since 2019, while income only grew by 20% over the same time period, according to zillow, rent has increased more than wages. and 44 of the 50 largest...
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May 8, 2024
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. >>> plus, nearly two years after the ftx collapse, there's a plan to pay back the victims billions, plus interest. the details on that ahead. the d. n that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if allergic to nurtec odt. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. it's time we all shine. talk to a healthcare provider about nurtec odt from pfizer. here's to getting better with age. here's to beating these two every thursday. help fuel today with boost high protein, complete nutrition you need... ...without the stuff you don't. so, here's to now. boost. (avo) kate made progress with her mental health... ...but her medication caused unintentional movements in her face, hands, and feet called tardive dyskinesia, or td. so her doctor prescribed austedo xr— a once-daily td treatment for adults. ♪ as you go with austedo ♪ austedo xr significantly
. >>> plus, nearly two years after the ftx collapse, there's a plan to pay back the victims billions, plus interest. the details on that ahead. the d. n that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if allergic to nurtec odt. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion,...
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May 8, 2024
05/24
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plus interest their refunds will be based upon the value just before ftx went bankrupt. a recent surge in crypto market has driven values to triple what they were back in 2022. victims won't benefit from that search. the first checks start going out in a few months. >> 10. 22 right now. and coming up on the kron, morning news tiktok is suing the u.s. government now over its law that bans the app will see while trial could have consequences way beyond tiktok. >> we're back to 24 is the time and happening right now. police in oakland have released this sketch of a man they say is wanted for a homicide. that happened back in august of last year. they say it happened about midnight on east 18th avenue. 2 people were shot. officers say one died at the scene. the other was treated at the hospital and police also released this picture of a ford f one, 50 pickup truck. investigators believe this belong to the suspect. so if you have any information, contact police, meanwhile, the city of oakland will have to pay more than 2.5 million dollars to an employee after a jury decided t
plus interest their refunds will be based upon the value just before ftx went bankrupt. a recent surge in crypto market has driven values to triple what they were back in 2022. victims won't benefit from that search. the first checks start going out in a few months. >> 10. 22 right now. and coming up on the kron, morning news tiktok is suing the u.s. government now over its law that bans the app will see while trial could have consequences way beyond tiktok. >> we're back to 24 is...
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May 8, 2024
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executives through ftx investments. elon musk's social media platform x is being investigated for possibly violating europe's digital service act. the european union is accusing the platform of not doing enough to stop the spread of illegal and false information. now, the san francisco based social media platform is the first tech company to be investigated under new eu laws designed to protect people from toxic content. the x says it is committed to cooperating during the process. i'm pam cook. that's a look at your dollars and cents. >> okay pam time 747. the richmond city council wants california to cut ties with pg and e. >> council member yes. vice mayor jimenez. yes. council member mclaughlin. yes. council member. robinson. yes. council member. willis yes. and mayor. martinez. yes motion passes with council members of the richmond city council passed a resolution calling on the state to replace pg, and e is california's main power supplier and criticizes pg and e for the company's contributions to wildfires, utili
executives through ftx investments. elon musk's social media platform x is being investigated for possibly violating europe's digital service act. the european union is accusing the platform of not doing enough to stop the spread of illegal and false information. now, the san francisco based social media platform is the first tech company to be investigated under new eu laws designed to protect people from toxic content. the x says it is committed to cooperating during the process. i'm pam...
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May 8, 2024
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since ftx imploded in 2022, it still will take months for the payouts to start a movie. theaters are still seeing less foot traffic. a post pandemic. data from analytics firm placer.ai shows visits to amc were down 65% in april versus 2019 and 50% year over year. this decline is similar at cinemark and regal cinemas. some of the drop can be attributed to theater chains closing some locations and people still watching movies at home. okay, so they say california leads the way. and this is not one of those good ones. new at six. the bay area takes two of the top three spots on a new list of the worst cities to drive in. who says this? forbes forbes evaluated driving conditions across 47 densely populated cities. it looked at four categories driving experience, safety, cost of car ownership, and access to maintenance services. oakland ranked number one because of the number of fatal car accidents, steep gas prices, and lengthy average commute times. next up miami, florida and rounding out the top three san francisco. wow. i feel lucky that i'm driving in the south bay mostl
since ftx imploded in 2022, it still will take months for the payouts to start a movie. theaters are still seeing less foot traffic. a post pandemic. data from analytics firm placer.ai shows visits to amc were down 65% in april versus 2019 and 50% year over year. this decline is similar at cinemark and regal cinemas. some of the drop can be attributed to theater chains closing some locations and people still watching movies at home. okay, so they say california leads the way. and this is not...
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May 8, 2024
05/24
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. >>> still toom se ce,omft x players set to get paid and maybe with some interest what ftx investors need to know after this short break investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. >>> some
. >>> still toom se ce,omft x players set to get paid and maybe with some interest what ftx investors need to know after this short break investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. her uncle's unhappy. i'm sensing...
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May 8, 2024
05/24
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that would come from assets the lawyers have pooled since ftx imploded in 2022. it will still take months for the payouts to start, and movie theaters are still seeing foot traffic well below pre-pandemic levels. data from analytics firm placer.ai shows. visits to amc were down 65% in april versus 2019, and 50% year over year. the declines are similar at cinemark and regal cinemas, and some of the drop can be attributed to theater chains closing some locations and people still watching movies at home. the absence of new blockbusters is also taking its toll. however, moviegoers are more likely to spend on concessions and premium formats like imax, which are more profitable for theaters. kris kris popcorn is. you know, i haven't been to the movie. i haven't been to a movie theater in years. i think i've been once in the last couple of years. yeah, we didn't go before the pandemic. really? yeah. we rented out a movie theater during the pandemic. it was like 99 bucks. yeah, it was the one thing we did over months and months and months. it was fantastic. but wow. stil
that would come from assets the lawyers have pooled since ftx imploded in 2022. it will still take months for the payouts to start, and movie theaters are still seeing foot traffic well below pre-pandemic levels. data from analytics firm placer.ai shows. visits to amc were down 65% in april versus 2019, and 50% year over year. the declines are similar at cinemark and regal cinemas, and some of the drop can be attributed to theater chains closing some locations and people still watching movies...
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May 8, 2024
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ftx is set to em prove their interest 118% they're getting back ve's very vary for a bankruptcy, gin the story we've heard. we're going to come back right after this > >>> welcome back to "squawk box. eight sleep launches a next generation sleep pod joining us right now are the co-founders of this company eight sleep. i should say up front i am an owner. i bought the first of these mattresses by the way, i bought a couple of them it used to be cheaper. i bo it them during the pandemic and it changed my sleep forever. it's called eight sleep because it's supposed to help you get eight hours of sleep i unfortunately don't get that many, but i'm trying to make my sleep better i can do it because i did -- i use it i sleep on it every night. what is it that you're doing >> so today we're launching pod 4 ultra-the fourth generation of our product, of our best-selling technology it's a mattress cover you can install onto any mattress and it will improve your sleep. the way we do it is by wreck lating your body temperature at night and we keep adjusting that based on biometrics, things like
ftx is set to em prove their interest 118% they're getting back ve's very vary for a bankruptcy, gin the story we've heard. we're going to come back right after this > >>> welcome back to "squawk box. eight sleep launches a next generation sleep pod joining us right now are the co-founders of this company eight sleep. i should say up front i am an owner. i bought the first of these mattresses by the way, i bought a couple of them it used to be cheaper. i bo it them during the...
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May 8, 2024
05/24
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the irony of all ironies is customers of ftx will be getting their money back, plus interest, something rare for bankruptcy cases. ftx is selling off all of its parts and will be worth over $16 billion, more than what it needs to cover what its customers and creditors lost in the november 2022 collapse. that is about what it valued in 2020 near the height of the pandemic trading boom. although all of the debts will be paid in full, nothing will be left over for the equity holders according to the court documents. that is your bloomberg brief. jonathan: thank you very much. if there is a book i want to read, it is the book on this. the cleanup. but they walked into when they had to look up the bankruptcy of this company. how much was left. you will sit here and say there is enough money to cover the people who are owed money. listen to these numbers. $16.3 billion in cash to distribute. lisa: to me this is the question. how much has leaked out with all of the donations. this is the fundamental issue. is it a crime and how big of a crime is it if everybody gets their money back? a lot of
the irony of all ironies is customers of ftx will be getting their money back, plus interest, something rare for bankruptcy cases. ftx is selling off all of its parts and will be worth over $16 billion, more than what it needs to cover what its customers and creditors lost in the november 2022 collapse. that is about what it valued in 2020 near the height of the pandemic trading boom. although all of the debts will be paid in full, nothing will be left over for the equity holders according to...
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May 8, 2024
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when ftx colla sed what can you tell us? when ftx collapsed in _ what can you tell us? when ftx collapsed in november- what can you tell us? when ftx collapsed in november 2022 - collapsed in november 2022 around 2 million customers were left with no access to their funding and also they continue to lose interest on the money they had on the exchange because it stopped trading. now, ftx has filed for bankruptcy and its founder has been convicted of fraud but during those bankruptcy proceedings it has been found that the crypto exchange actually has more access than previously thought. it is in the process of selling off a lot of his access but part of the reason a lot of its axis are in crypto currency and it is valued very highly at the moment and in recent months it has really gone up. —— assets. experts are saying that it is rare in bankruptcy cases for customers to get all of their money back. in this case they might get more than 100% of their money back but that will still be a long way off because of these bankruptcy proceedings will take some time.— will t
when ftx colla sed what can you tell us? when ftx collapsed in _ what can you tell us? when ftx collapsed in november- what can you tell us? when ftx collapsed in november 2022 - collapsed in november 2022 around 2 million customers were left with no access to their funding and also they continue to lose interest on the money they had on the exchange because it stopped trading. now, ftx has filed for bankruptcy and its founder has been convicted of fraud but during those bankruptcy proceedings...
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May 8, 2024
05/24
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when ftx colla sed what can you tell us? when ftx collapsed in _ what can you tell us? when ftx collapsed in november- what can you tell us? when ftx collapsed in november 2022 - collapsed in november 2022 around 2 million customers were left with no access to their funding and also they continue to lose interest on the money they had on the exchange because it stopped trading. now, ftx has filed for bankruptcy and its founder has been convicted of fraud but during those bankruptcy proceedings it has been found that the crypto exchange actually has more access than previously thought. it is in the process of selling off a lot of his
when ftx colla sed what can you tell us? when ftx collapsed in _ what can you tell us? when ftx collapsed in november- what can you tell us? when ftx collapsed in november 2022 - collapsed in november 2022 around 2 million customers were left with no access to their funding and also they continue to lose interest on the money they had on the exchange because it stopped trading. now, ftx has filed for bankruptcy and its founder has been convicted of fraud but during those bankruptcy proceedings...
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May 1, 2024
05/24
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the worst monthly drop since the collapse of ftx. that is the price over 30 days. down 14%. we will do another preview with a set up of what to expect. we will also listen in for the u.s. treasury section janet yellen on her concerns about this. stay with us, this is bloomberg. ♪ >> i do have concern about where we are going unless we undertake some significant steps to reduce budget deficit. >> that was the u.s. treasury secretary janet yellen testified at a house committee. what a move that has been. this shows you exactly where we are in terms of the debt pile of the united states. 34.6 trillion. almost 35 trillion u.s. dollars. you are well below 10 trillion. 10 trillion in 20 years to almost 35 trillion u.s. dollars. let's flip the chart and see where this leads us in the here and now. they came out with their needs. their most up-to-date estimates in terms of all this. that was above the estimates of some. they got their quarterly refunding. they plan to issue and the -- trajectory has been line in terms of the sizes of these auctions. the questions bent to what exte
the worst monthly drop since the collapse of ftx. that is the price over 30 days. down 14%. we will do another preview with a set up of what to expect. we will also listen in for the u.s. treasury section janet yellen on her concerns about this. stay with us, this is bloomberg. ♪ >> i do have concern about where we are going unless we undertake some significant steps to reduce budget deficit. >> that was the u.s. treasury secretary janet yellen testified at a house committee. what...
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May 1, 2024
05/24
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but unlike ftx, binance is still the biggest crypto currency exchange in the world and cz has his eye on the future. recently he announced plans to launch a online nonprofit educational academy. around the world and across the uk. this is bbc news. the boss of whatsapp says that tens of millions of people are using technical workarounds to secretly use the messaging platform in countries where it is banned. iran, north korea and syria don't allow whatsapp. last month china ordered apple to ban it from being downloaded to iphones. the head of whatsapp, will cathcart, has told the bbc that governments banning or blocking apps that they don't like is threatening the open internet. he spoke to our cyber correspondentjoe tidy about internet freedom from a tech giant's perspective. huge increases from northern italy especially for calling... . forthe italy especially for calling... . for the boss of what's things are looking great on paper. his app are looking great on paper. his app is used by around 2 million people and are starting to make money from its business users. it was always min
but unlike ftx, binance is still the biggest crypto currency exchange in the world and cz has his eye on the future. recently he announced plans to launch a online nonprofit educational academy. around the world and across the uk. this is bbc news. the boss of whatsapp says that tens of millions of people are using technical workarounds to secretly use the messaging platform in countries where it is banned. iran, north korea and syria don't allow whatsapp. last month china ordered apple to ban...
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May 1, 2024
05/24
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but unlike ftx, binance is still the biggest cryptocurrency exchange in the world and cz has his own eyes on the future. recently announcing plans to launch a new non—profit education platform, giggle academy. colombia university, as you see from preachersjust colombia university, as you see from preachers just outside police have barricaded the area and restricted some price from getting close to the events —— press. we know that hamilton hall, part of colombia university that's been occupied by students who are protesting israel's defensive in gaza have been camping there overnight and police have been informed or have been taking action to get them out of hamilton hall and another police buster, nypd is in the arrive of the street and up to assist with activities stop lots of press and media coverage of the event and media coverage of the event and we will bring you more of it in the hours ahead right here on bbc news. let's get you “p here on bbc news. let's get you up to speed on more business news. it is the first of may today and many markets in asia are closed today f
but unlike ftx, binance is still the biggest cryptocurrency exchange in the world and cz has his own eyes on the future. recently announcing plans to launch a new non—profit education platform, giggle academy. colombia university, as you see from preachersjust colombia university, as you see from preachers just outside police have barricaded the area and restricted some price from getting close to the events —— press. we know that hamilton hall, part of colombia university that's been...
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May 1, 2024
05/24
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unlike ftx, binance is still the biggest cryptocurrency exchange in the world and changpeng zhao has his eye on the future. we recently announced plans to have an online profit education platform. in other news, mcdonald's reported a weaker than expected quarterly profit as consumers cut back on their spending. globalsales as consumers cut back on their spending. global sales were down 1.9% year over year, that is lower than it increase seen in the first quarter 2023. many first —— of us food restaurants have increased their prices due to increased costs. starbucks has reported a surprise drop in labour challenges will my on some parts of asia. the international monetary fund is forecasting slower growth. as anthony is ahead. due to an ageing population now. we hear more from the director of the asia—pacific region. iii director of the asia-pacific re . ion. , ., director of the asia-pacific re.ion_ l, director of the asia-pacific reuion. ,, ., ., region. if you look at china, the population _ region. if you look at china, the population is _ region. if you look at china, the p
unlike ftx, binance is still the biggest cryptocurrency exchange in the world and changpeng zhao has his eye on the future. we recently announced plans to have an online profit education platform. in other news, mcdonald's reported a weaker than expected quarterly profit as consumers cut back on their spending. globalsales as consumers cut back on their spending. global sales were down 1.9% year over year, that is lower than it increase seen in the first quarter 2023. many first —— of us...
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Apr 30, 2024
04/24
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we had the founder of rival exchange ftx which is bankrupt and its founder sentenced to 25 years. that was on fraud and conspiracy. convictions. he was found convicted. the second big name in this industry that is now sentenced to prison. >> i appreciate on all fronts. i'm going to let you go. i'm going to let you get ready for the big earnings report coming in overtime as i keep our conversation going with mark. i mentioned also we have our contributor, jason, he is a shareholder in amazon. all right, so, jason, good to see you as well. how are you eeling here? look, stock is up 72% in the past year. there are those who say the bar is high and, maybe what happened last week with the earnings report from alphabet and microsoft raise the bar a little bit more. >> i would agree with that. i think the bar is high. to your point, google and microsoft did hit it out of the park. they delivered from an earnings perspective. as we look at, you know, what are we looking forward amazon report? kate alluded to it earlier. advertising is a $50 billion business. the addition of ads which was
we had the founder of rival exchange ftx which is bankrupt and its founder sentenced to 25 years. that was on fraud and conspiracy. convictions. he was found convicted. the second big name in this industry that is now sentenced to prison. >> i appreciate on all fronts. i'm going to let you go. i'm going to let you get ready for the big earnings report coming in overtime as i keep our conversation going with mark. i mentioned also we have our contributor, jason, he is a shareholder in...
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Apr 30, 2024
04/24
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other risk assets on the downside, 60 1000 wrapping up to be a poor month of april, the worst since the ftx scandal, down some 16% and seeing a pretty poor month for stocks overall, nasdaq having its worst month since october. what do you think of the micro? ed: a lot going on, real quick, tesla is down. monday's session, biggest jump since march of 2021 on fsd. we will dig into that later. amd after the bell, how well above or below is it relative to expectations? amazon, after alphabet and microsoft, cloud growth driven by ai, those stories are later in the program. the top story is paramount global. ceo bob bakish is gone, replaced by a committee of executives. they release earnings. no one seems to care. the question is about earnings -- is about m&a in the future. trying to understand what's going on, i love the headline of your research, earnings a nonevent. summarize what you learned last night. >> yeah, the earnings call was kind of really bizarre. it was a 7, 8 minute call, one of the shortest i have ever seen in the history of media earnings. no questions from the investment commu
other risk assets on the downside, 60 1000 wrapping up to be a poor month of april, the worst since the ftx scandal, down some 16% and seeing a pretty poor month for stocks overall, nasdaq having its worst month since october. what do you think of the micro? ed: a lot going on, real quick, tesla is down. monday's session, biggest jump since march of 2021 on fsd. we will dig into that later. amd after the bell, how well above or below is it relative to expectations? amazon, after alphabet and...
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Apr 30, 2024
04/24
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unlike ftx, binance is still around making money. it didn't collapse. zhao was accused of looking the other way as nefarious groups like hamas and north korea. al qaeda laundered funds through binance, the national traffic safety highway traffic safety administration issued a new rule yesterday, saying every new car sold in america must have this automatic braking starting in 2029. you might have it on your car now. it detects pedestrians or impending crashes and warns you with a flashing light and hits the brakes. if you don't. nhtsa says requiring the system on all new cars will save 360 lives a year, prevent more than 20,000 injuries. the president of the european union was asked if the eu might follow the us and ban tiktok, to which she said she wouldn't exclude the idea and pointed out the eu was the first to ban tiktok on government phones. the us has demanded tiktok's parent companies sell to an american interest. but there is a problem pretty much nobody can afford it. it'll be worth tens of billions of dollars, and those companies that can affo
unlike ftx, binance is still around making money. it didn't collapse. zhao was accused of looking the other way as nefarious groups like hamas and north korea. al qaeda laundered funds through binance, the national traffic safety highway traffic safety administration issued a new rule yesterday, saying every new car sold in america must have this automatic braking starting in 2029. you might have it on your car now. it detects pedestrians or impending crashes and warns you with a flashing light...
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Apr 23, 2024
04/24
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sonali: a group of ftx investors and customers agreed to drop their claim against co-founder sam bankman-fried and we will tell you why. tim: that's all i had but here is a snapshot of the market. the having
sonali: a group of ftx investors and customers agreed to drop their claim against co-founder sam bankman-fried and we will tell you why. tim: that's all i had but here is a snapshot of the market. the having
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Apr 23, 2024
04/24
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sam bankman-fried has agreed to help ftx investors in a lawsuit against celebrities, they include tom brady and shaquille o'neal. if approved by a judge, the agreement would free bankman-fried from civil liability. this comes weeks after he was sentenced to 25 years in prison for fraud charges. >>> express has filed for chapter 11 bankruptcy and plans to close nearly a hundred stores. a group led by the management firm is working to save the company by acquiring it. >>> work has begun on a high-speed passenger line between las vegas and the los angeles area. the goal is to have trains operating in times for the 2028 summer olympics in los angeles. >>> for the first time in five years, nasa's voyager one has returned usable data about the health of its engineering system. the spacecraft stopped sending readable information back to earth in november. the next step for the team is to enable the voyager to send the science data again. we'll be right back. 'll be righ. head & shoulders bare clinically proven dandruff protection with just 9 essential ingredients no sulfates, no silicones, n
sam bankman-fried has agreed to help ftx investors in a lawsuit against celebrities, they include tom brady and shaquille o'neal. if approved by a judge, the agreement would free bankman-fried from civil liability. this comes weeks after he was sentenced to 25 years in prison for fraud charges. >>> express has filed for chapter 11 bankruptcy and plans to close nearly a hundred stores. a group led by the management firm is working to save the company by acquiring it. >>> work...
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Apr 23, 2024
04/24
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. >>> ftx's founder has agreed to participate in lawsuits against celebrities that include tom brady and larry david and shaquille o'neal. if approved, it would free bankman-fried from civil liability. this come just weeks after he was sentenced to 25 years in prison for fraud charges. >>> the top names in the comedy world will attempt to channel their inner eli manning for the roast of tom brady. we have the first details right after this. e first details righ after this. wow, rude. i just mean all that matters is what's in here. -you're so self centered. -look! look you're inner beauty is right here. uncrustables are the best part of the sandwich. sorry crust. wanna know a secret? with new secret outlast, you can almost miss the bus... but smell like you didn't. secret fights 99% of odor-causing bacteria. smell fresh for up to 72 hours. secret works! it's a crime to smell that good. -we're done. -what about these? looks right. nooo... nooo... quick, the quicker picker upper! bounty absorbs spills like a sponge. and is 2x more absorbent so you can use less. bounty, the quicker picke
. >>> ftx's founder has agreed to participate in lawsuits against celebrities that include tom brady and larry david and shaquille o'neal. if approved, it would free bankman-fried from civil liability. this come just weeks after he was sentenced to 25 years in prison for fraud charges. >>> the top names in the comedy world will attempt to channel their inner eli manning for the roast of tom brady. we have the first details right after this. e first details righ after this....
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Apr 12, 2024
04/24
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prosecutors accused the co-founder of ftx of defrauding investors and customers of more than $11 billion before the cryptocurrency exchange collapsed. attorneys for the 32 year old will have to prove errors were made during the trial, a process that could take years. >> the biden administration is taking steps to close the so-called gun show loophole for background checks on gun sales. the new rule will require unlicensed gun dealers to perform background checks when selling guns. federal officials estimate there are about 23,000 unlicensed sellers who are selling firearms online at gun shows and through other portals. president biden says this will keep guns out of the hands of domestic abusers and felons, but there is mixed reaction on capitol hill. >> it will show parents, kids and teachers and americans everywhere impacted by gun violence that congress is listening. >> shame on the atf, shame on the biden administration. shame on the administrators of the bipartisan safer communities act for playing political games. >> the rule will likely be challenged by pro-second amendment groups
prosecutors accused the co-founder of ftx of defrauding investors and customers of more than $11 billion before the cryptocurrency exchange collapsed. attorneys for the 32 year old will have to prove errors were made during the trial, a process that could take years. >> the biden administration is taking steps to close the so-called gun show loophole for background checks on gun sales. the new rule will require unlicensed gun dealers to perform background checks when selling guns. federal...
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Apr 12, 2024
04/24
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he was also ordered to pay $11 billion for the massive fraud of the ftx cryptocurrency exchange. they accused him of stealing as much as $10 billion from customers to pay for political contributions and extravagant items for his lifestyle. if he loses the appeal, he will have to petition the supreme court to hear his case. >>> there is no easy way to describe the rise and fall of o.j. simpson. once an american hero on the field and tv screen, and ultimately accused of killing his ex-wife and her friend. he is one of the most controversial figures in american history. his death brings mixed reactions in the bay area where he grew up. >> driving a white or light colored ford bronco. >> reporter: before the images of simpson running from the police during a slow-motion speed chase in a white bronco and trial of the century where he was acquitted in the murders of nicole brown simpson and her friend. he was a sports analyst and spokesman, and even before he rose to national stardom as an nfl running back for the buffalo bills, then the san francisco 49ers and before all of that, he b
he was also ordered to pay $11 billion for the massive fraud of the ftx cryptocurrency exchange. they accused him of stealing as much as $10 billion from customers to pay for political contributions and extravagant items for his lifestyle. if he loses the appeal, he will have to petition the supreme court to hear his case. >>> there is no easy way to describe the rise and fall of o.j. simpson. once an american hero on the field and tv screen, and ultimately accused of killing his...
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Apr 11, 2024
04/24
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. >>> we just got in some breaking news on sam bankman-fried, the ftx founder, he has filed an appeal on his conviction on seven fraud and conspiracy counts. he was sentenced to 25 years in prison and given an $11 billion financial penalty by a federal judge just last month. prosecutors called the case one of the largest financial frauds in u.s. history. >>> hundreds of thousands of ukrainians were without power today after russia unleashed a devastating wave of missile and drone strikes on the energy grid. in the aftermath, ukrainian president zelenskyy pled for more air defense support, criticizing allies for turning a blind eye to his country's plight. and it's not just ammo supplies that are running low, more than two years into this war, ukraine is also running out of soldiers. zelenskyy is expected to sign a controversial new conscription bill passed by the ukrainian parliament today making it easier to identify men eligible for the draft. whether ukraine can arm those recruits without western help is very much in question. nbc's matt bradley joins us now. matt, what can you tel
. >>> we just got in some breaking news on sam bankman-fried, the ftx founder, he has filed an appeal on his conviction on seven fraud and conspiracy counts. he was sentenced to 25 years in prison and given an $11 billion financial penalty by a federal judge just last month. prosecutors called the case one of the largest financial frauds in u.s. history. >>> hundreds of thousands of ukrainians were without power today after russia unleashed a devastating wave of missile and...
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there was a tremendous amount of overhang in bitcoin from the ftx scandal. there was a large amount of funds that were recovered in they the bankruptcy proceeding similar to what happened with bernie madoff, that was parked in the trust, there's liquidation as there's payoffs there as well as drama and legal cases with the crypto lender genesis. that's all behind us. and bit coin is starting to break out. the selling from the two nonfundamental related incidents ended in thereafter week or so, so i expect bitcoin to break out substantially. we're creating a trillion dollars of new debt every 100 days. so you expect to see gold much higher given how little it's moved since 2011 but we're now starting to get here. and i think the same concept you applies to bitcoin with the daily inflows exceeding the new supply coming on the market, basically since the creation of these etfs that came public as well as the event that's coming up in the next couple weeks which will greatly reduce the new supply. every price fight you've seen in bitcoin has coincided with this
there was a tremendous amount of overhang in bitcoin from the ftx scandal. there was a large amount of funds that were recovered in they the bankruptcy proceeding similar to what happened with bernie madoff, that was parked in the trust, there's liquidation as there's payoffs there as well as drama and legal cases with the crypto lender genesis. that's all behind us. and bit coin is starting to break out. the selling from the two nonfundamental related incidents ended in thereafter week or so,...
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Apr 5, 2024
04/24
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. >> we think of bitcoin, we think of ftx. i think in some respects -- they purchased a 30% stake in your firm. >> they did. >> you got to know sam very well. >> i did. >> the sentence recently comes down. what were your thoughts when you heard the number? what are your general thoughts on how this has transpired? >> i think i'm getting soft in my old age. i felt very bad for the kid. he hurt my business, he hurt my reputation. we sold a piece of our business. he lied to a lot of people. he hurt a lot of people. but when you really look at him clinically, he looks like a very damaged guy. he'll likely spent 18 to 20 years of his future in that sentence. if you talk to the bankruptcy people, there could be 90 plus billion dollars of assets they'll be able to divvy up among people. people will get their money back, but it was dollarized. what does that mean? if i own six bitcoins at $17,000, i'm getting 17,000 times six worth of value there the bankruptcy. but bitcoin went to 70,000. a lot of people upset about that as well. whe
. >> we think of bitcoin, we think of ftx. i think in some respects -- they purchased a 30% stake in your firm. >> they did. >> you got to know sam very well. >> i did. >> the sentence recently comes down. what were your thoughts when you heard the number? what are your general thoughts on how this has transpired? >> i think i'm getting soft in my old age. i felt very bad for the kid. he hurt my business, he hurt my reputation. we sold a piece of our...
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tonight an abc news exclusive a conversation with ftx founder and bay area native sam bankman-fried. he's answering questions from prison. last week, the former cryptocurrency entrepreneur and son of stanford professors was sentenced to 25 years in prison. it's in connection with the explosion of implosion, i should say, of ftx, a global cryptocurrency exchange which resulted in an $8 billion loss for its customers. bankman-fried said he's haunted every day by what was lost. he says, quote, i never thought that what i was doing was illegal, but i tried to hold myself to a high standard and i certainly didn't meet that standard. he also says that he does not believe he received a fair trial, writing, quote, a one sided media frenzy and the defense's inability to get in critical evidence infected the whole process. bankman-fried plans to appeal his conviction. new at 11, another chance to take home $1 billion comes up empty. no winners in tonight's powerball drawing. here are the numbers in case you have a lower prize 19, 24, 40, 42, 56. the powerball is 23. the jackpot now grows to 1.
tonight an abc news exclusive a conversation with ftx founder and bay area native sam bankman-fried. he's answering questions from prison. last week, the former cryptocurrency entrepreneur and son of stanford professors was sentenced to 25 years in prison. it's in connection with the explosion of implosion, i should say, of ftx, a global cryptocurrency exchange which resulted in an $8 billion loss for its customers. bankman-fried said he's haunted every day by what was lost. he says, quote, i...
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tonight an abc news exclusive a conversation with ftx founder and bay area native sam bankman-fried. he's answering questions from prison. last week, the former cryptocurrency entrepreneur and son of stanford professors was sentenced to 25 years in prison. it's in connection with the explosion of implosion, i should say, of ftx, a global cryptocurrency exchange which resulted in an $8 billion loss for its customers. bankman-fried said he's haunted every day by what was lost. he says, quote, i never thought that what i was doing was illegal, but i tried to hold myself to a high standard and i certainly didn't meet that standard. he also says that he does not believe he received a fair trial, writing, quote, a one sided media frenzy and the defense's inability to get in critical evidence infected the whole process. bankman-fried plans to appeal his conviction. new at 11, another chance to take home $1 billion comes up empty. no winners in tonight's powerball drawing. here are the numbers in case you have a lower prize 19, 24, 40, 42, 56. the powerball is 23. the jackpot now grows to 1.
tonight an abc news exclusive a conversation with ftx founder and bay area native sam bankman-fried. he's answering questions from prison. last week, the former cryptocurrency entrepreneur and son of stanford professors was sentenced to 25 years in prison. it's in connection with the explosion of implosion, i should say, of ftx, a global cryptocurrency exchange which resulted in an $8 billion loss for its customers. bankman-fried said he's haunted every day by what was lost. he says, quote, i...
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Apr 2, 2024
04/24
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i certainly would've thought that would've been true in the wake of the ftx debacle. it hasn't. why? because there is an agency head out there who thinks he already has the authority to address this uniquely 21st-century problem with a couple of statues passed in the 1930s. he's going to waive his want and say the words investment contracts are ambiguous and that is want to suck all of this into my regulatory orbit, even though when that same person is a professor that this is probably a job for the cfdc. >> i was just going to say let's assume for the sake of argument that i agree that in 706 congress has spoken to the problem we are not applying a fictional presumption. congress has told us we want the court to decide questions of law. solicitor general in the last argument talks about how litigants will be lining up for state -- cases decided under step two to reopen challenges to the agency's interpretation. what you have to say about the destructive consequences of overruling? >> i think the solicitor general will be saying the exact opposite if this court overrules this de
i certainly would've thought that would've been true in the wake of the ftx debacle. it hasn't. why? because there is an agency head out there who thinks he already has the authority to address this uniquely 21st-century problem with a couple of statues passed in the 1930s. he's going to waive his want and say the words investment contracts are ambiguous and that is want to suck all of this into my regulatory orbit, even though when that same person is a professor that this is probably a job...
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all this is in connection with the implosion of ftx, his global crypto currency exchange, which resulted in an $8 billion loss for customers. bankman-fried said he's haunted every day by what was lost. he said, quote, i never thought that what i was doing was illegal, but i tried to hold myself to a high standard and i certainly didn't meet that standard. he also said he does not believe he received a fair trial, writing a one sided media frenzy and the defense's inability to get in critical evidence infected the whole process. bankman fried plans to appeal his conviction. >> on this day in 1976, steve jobs, steve wozniak and ronald wayne founded apple computer, inc. jobs and wozniak wanted to make user friendly computers small enough for people to have in their homes or offices. they built the apple one in jobs garage. apple two revolutionized the computer industry with the first ever color graphics sales hit $117 million in 1980, the year apple went public. >> it kind of all worked out for him in the south bay. a new state of the art genomics lab is now open at kaiser permanente san jo
all this is in connection with the implosion of ftx, his global crypto currency exchange, which resulted in an $8 billion loss for customers. bankman-fried said he's haunted every day by what was lost. he said, quote, i never thought that what i was doing was illegal, but i tried to hold myself to a high standard and i certainly didn't meet that standard. he also said he does not believe he received a fair trial, writing a one sided media frenzy and the defense's inability to get in critical...
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Apr 1, 2024
04/24
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crypto company ftx founder sam bankman-fried is now a few days into a 25-year prison sentence and already talking to the media. in an e-mail interview with abc news, he said that of course he is remorseful after the judge in his case chastised him for showing little remorse last week. he said that while he never meant to hurt anyone, he was ultimately responsible adding quote, i'd give anything to be able to help repair even part of the damage. i'm doing what i can from prison, but it's deeply frustrating not to be able to do more. >>> donald trump meantime, and his campaign, appear to be length an age-old question. you can only go to the well so many times before it runs dry. "the washington post" is reporting that the former president has solicited his donor base so extensively his, quote, vaunted small dollar fundraising operation is not bringing in as much money as it once did. joining me now, one of the authors of that report, josh dossey, a reporter for "the washington post." it's always good to see you. you write among other things, in the years he lost the presidency to joe biden,
crypto company ftx founder sam bankman-fried is now a few days into a 25-year prison sentence and already talking to the media. in an e-mail interview with abc news, he said that of course he is remorseful after the judge in his case chastised him for showing little remorse last week. he said that while he never meant to hurt anyone, he was ultimately responsible adding quote, i'd give anything to be able to help repair even part of the damage. i'm doing what i can from prison, but it's deeply...
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he used $8 billion of customer funds from his crypto exchange ftx to prop up his failing privately controlled hedge fund. in written responses given to abc news, bankman-fried said i never thought what i was doing was illegal but i tried to hold myself to a high standard. i certainly didn't meet that standard. the judge determined otherwise, saying at sentencing bankman-fried knew it was wrong, criminal. he regrets he made a very bad bet about the likelihood of getting caught. bankman-fried plans to appeal. he told us he does not believe he received a fair trial writing, a one-sided media frenzy and the defense's inability to get in critical evidence affected the whole process. bankman-fried concedes i was responsible for what happened to the company adding, i made a series of bad decisions in 2022. they weren't selfish or selfless decisions, they were just bad ones. reflecting on those decisions from behind bar, bankman-fried told us i have heard and seen the sense of betrayal from thousands of customers. he said i felt the pain from my coworkers as i threw away what they poured their lives
he used $8 billion of customer funds from his crypto exchange ftx to prop up his failing privately controlled hedge fund. in written responses given to abc news, bankman-fried said i never thought what i was doing was illegal but i tried to hold myself to a high standard. i certainly didn't meet that standard. the judge determined otherwise, saying at sentencing bankman-fried knew it was wrong, criminal. he regrets he made a very bad bet about the likelihood of getting caught. bankman-fried...
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new at six an abc news exclusive with ftx founder sam bankman-fried and the bay area native was sentenced to 25 years in prison last week. now he's answering questions from abc news from prison in written responses provided bankman-fried said i never thought that what i was doing was illegal, but i tried to hold myself to a high standard and i certainly didn't meet that standard. he also said he does not believe he received a fair trial, writing a one sided media frenzy and the defense's inability to get in critical evidence infected the whole process. bankman-fried plans to appeal, appeal his conviction and you can hear more from him coming up on coming up at seven, i should say, on gma, if you live on the peninsula, there is a big change that could impact your access to health care. >> starting today. seton medical center coastside in moss beach. it's closing for renovations until december, so that means that the closest emergency services are going to be at san mateo medical center's emergency room and that's about 20 minutes away. the closure will allow crews to repair damage from a t
new at six an abc news exclusive with ftx founder sam bankman-fried and the bay area native was sentenced to 25 years in prison last week. now he's answering questions from abc news from prison in written responses provided bankman-fried said i never thought that what i was doing was illegal, but i tried to hold myself to a high standard and i certainly didn't meet that standard. he also said he does not believe he received a fair trial, writing a one sided media frenzy and the defense's...
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. >> then we're hearing from ftx founder sam bankman-fried. he's talking about his 25 year prison sentence in an abc news exclusive your favorites are in one place. let's take a roll call. bb-8? —[beeps] —belle? —hello. —bluey? —hello. —chewie? —[speaking shyriiwook] —stewie? —waaa. just how big is this hulu on disney+ class? hulu on disney+, available with disney bundle. today's cancer research is tomorrow's victory. a victory that is there for the taking. grab it. now that was a great halftime speech. let's go win. [jim valvano] don't give up. don't ever give up® next. next. stop. we got it? no. keep going. again... [ gasps ] next. if you don't pick one, i... am i keeping you from your job? next. stop! do we finally have it? let's go back to the beginning. are you... your electric future. customized. the fully-electric audi q4 e-tron. get exceptional offers at your local audi dealer. now at six, part of california's famed highway one, collapsing into the ocean, the road now closed indefinitely. the effort to get both direc
. >> then we're hearing from ftx founder sam bankman-fried. he's talking about his 25 year prison sentence in an abc news exclusive your favorites are in one place. let's take a roll call. bb-8? —[beeps] —belle? —hello. —bluey? —hello. —chewie? —[speaking shyriiwook] —stewie? —waaa. just how big is this hulu on disney+ class? hulu on disney+, available with disney bundle. today's cancer research is tomorrow's victory. a victory that is there for the taking. grab it. now...
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Apr 1, 2024
04/24
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would anyone buy this after -- >> i think there's a lot of people who were very nervous about it after ftx. >> what do you mean they're getting on the train, when the train is turned around and gone into the toilet. >> what i'm saying, now they see the etf, they see it moving back. >> 25 to 40 i think speculation on the etf was going to get approved. i think again going back to the conversation, this is a highly complex retirement where bitcoin is serving different purposes to different people, and one that makes it attractive to a lot of folks. >> i guess what i'm saying, it may serve different purposes, different people. if you told me that 90% of the people were -- in my mind, this is my own thesis. i think 80 to 90% of the folks who are buying this thing are buying it because it's a risk on, the train is leaving, i think the train's leaving, and i want to get in on the action. there's another 10 or maybe 20%, maybe, who of this sort of inflation hedge idea around their own poeexposure to their currency. >> i don't think it's a 50/50 thing. do you see what i'm saying? >> we've become a
would anyone buy this after -- >> i think there's a lot of people who were very nervous about it after ftx. >> what do you mean they're getting on the train, when the train is turned around and gone into the toilet. >> what i'm saying, now they see the etf, they see it moving back. >> 25 to 40 i think speculation on the etf was going to get approved. i think again going back to the conversation, this is a highly complex retirement where bitcoin is serving different...
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Mar 31, 2024
03/24
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IRINN
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we put fiber to homes or fiber to ftx points on the agenda so that, god willing, we can launch 20 million high-speed ports all over the country. implementation of this project since march 1400 and more than so far. 7 million households are covered, our effort is to double this number by the end of 1403, god willing. currently, 10 communication companies include iran telecommunication company, irancell, rightel, shuttle, fanap, asiatech, hivib, pishgaman, sebant mebinnet are participating in its implementation and each province and city in the country have taken over. the regulatory and radio communications organization also supervises the implementation of this plan . if an operator does not fulfill his commitment , those commitments will be taken away and given to another operator. the commitment of 20 million covers in the 13th government is the first step and is foreseen in the 7th plan. by the end of the seventh program , we will have 20 million connections. therefore, the first step in all countries of the world is that the first step is to create a cover , the second step is to conv
we put fiber to homes or fiber to ftx points on the agenda so that, god willing, we can launch 20 million high-speed ports all over the country. implementation of this project since march 1400 and more than so far. 7 million households are covered, our effort is to double this number by the end of 1403, god willing. currently, 10 communication companies include iran telecommunication company, irancell, rightel, shuttle, fanap, asiatech, hivib, pishgaman, sebant mebinnet are participating in its...
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Mar 30, 2024
03/24
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sam bankman-fried, the disgraced founder of the now defunct cryptocurrency exchange ftx, was sentenced to 25 years in prison for fraud and conspiracy. district judge lewis kaplan noted bankman-fried's "apparent lack of any remorse" for defrauding ftx customers out of at least $8 billion. bankman-fried's lawyer said they plan to appeal. a federal judge has tossed elon musk's lawsuit against the watchdog center for countering digital hate, writing in his ruling "this case is about punishing the defendants for their speech." elon musk sued the non-profit after they reported that hate speech, racism, and misinformation soared on the social media platform x, formerly known as twitter, after the billionaire took ownership of the site in 2022. the center for countering digital hate welcomed the lawsuit's dismissal, writing on x -- "we'll continue exposing hate and lies on x, and campaigning for social media bosses like musk to be held accountable." to see our interview about this case with the head of the center for countering digital hate, go to democracynow.org. colombia has expelled its ar
sam bankman-fried, the disgraced founder of the now defunct cryptocurrency exchange ftx, was sentenced to 25 years in prison for fraud and conspiracy. district judge lewis kaplan noted bankman-fried's "apparent lack of any remorse" for defrauding ftx customers out of at least $8 billion. bankman-fried's lawyer said they plan to appeal. a federal judge has tossed elon musk's lawsuit against the watchdog center for countering digital hate, writing in his ruling "this case is about...