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Mar 29, 2024
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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...
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Mar 29, 2024
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so has the market put the ftx fiasco behind it? let's bring in natalie brunell. natalie, thanks so much for being with us today, always good to see you. >> it's great to see you, kelly. thanks so muchful can. kelly: okay. so so right off the bat, i've got to get your reaction to the sbf sentencing. i've heard all sorts of, oh, it was too much, it was too little. what do you think, 25 years? >> look, i'm just glad the whole trial is behind us. i hope ftx customers get as much money back as possible, and honestly, i just hope people learn the very important lesson that bitcoin and crypto are very different, and i can't help but think that if sbf just had laser eyes and focused on bitcoin and avoided all the leverage and counterfeiting money through all coin, then he'd be enjoying a new all-time high instead of looking forward to prison in his 50sful. [laughter] kelly: yeah. he would be enjoying an all-time high, and actually that was one of the reasons why the judge said, yeah, you know, there's harm here. because customers are getting paid back, but they're gettin
so has the market put the ftx fiasco behind it? let's bring in natalie brunell. natalie, thanks so much for being with us today, always good to see you. >> it's great to see you, kelly. thanks so muchful can. kelly: okay. so so right off the bat, i've got to get your reaction to the sbf sentencing. i've heard all sorts of, oh, it was too much, it was too little. what do you think, 25 years? >> look, i'm just glad the whole trial is behind us. i hope ftx customers get as much money...
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Mar 29, 2024
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next one for you, jonathan, disgraced ftx founder sam bankman-fried got 25 years in prison for his financial fraud. do the crypto markets care? have we beyond sbf? >> indeed, ashley. almost reminds me back in 2004 when it was -- excuse me, in 2014 when it was mount gox was the crypto blowup of the ere arrowhead and it survive that had and it'll survive sbf. it was new technology but very old time fraud. very traditional old fraud and justice was served. whether you want to buy crypto or not, ashley, it's a different story. only 2% of the people that own crypto use it as a currency but sbf, justice is served and new technology and old fraud to the whose house he goes. ashley: very quickly. it's been a pretty darn good first quarter and s&p gaining 10% and nasdaq 9 and dow 5.5 and new quarter begins monday. can we keep this no mentum? >> i think it's in new areas of the market, ashley. i'm looking at areas like natural gas for example, scg isen etf i like that's off the radar screen play. the big tech names that have led the market for the last five years and look, international paper at a new
next one for you, jonathan, disgraced ftx founder sam bankman-fried got 25 years in prison for his financial fraud. do the crypto markets care? have we beyond sbf? >> indeed, ashley. almost reminds me back in 2004 when it was -- excuse me, in 2014 when it was mount gox was the crypto blowup of the ere arrowhead and it survive that had and it'll survive sbf. it was new technology but very old time fraud. very traditional old fraud and justice was served. whether you want to buy crypto or...
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Mar 29, 2024
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he used to be the boss of the ftx exchange, but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion which can be used to compensate victims. he's expected to appeal. european and us markets are closed for the east weekend holidays. yesterday london hit a one—year high while frankfurt inched higher and paris ended flat as traders continued to weigh the recent uptick in inflation. asian indices closed mixed after a senior federal reserve official floated the idea of delaying or reducing cuts to us interest rates, boosting the dollar. major stock markets "are still hovering around record levels as investors continue the world." don't forget you can get in touch with me and some of the team on twitter. hello from the bbc sport centre. xabi alonso has confirmed that he will remain with bundesliga club bayer leverkusen next season, ending speculation linking him the future managerial vacancies at liverpool and bayern munich. alonso has led leverkusen to the top of the league in his first full season with the club, 10 points clear of second—pla
he used to be the boss of the ftx exchange, but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion which can be used to compensate victims. he's expected to appeal. european and us markets are closed for the east weekend holidays. yesterday london hit a one—year high while frankfurt inched higher and paris ended flat as traders continued to weigh the recent uptick in inflation. asian indices closed mixed after a senior federal reserve official...
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Mar 29, 2024
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. >> you just need ftx! >> reporter: ftx once the go to celebrity endorsed crypto exchange. behind the scenes customers did not know sam bankman-fried was using billions of their money for himself to prop up his struggling hedge fund. at trial prosecutors played this interview with our george stephanopoulos. >> you do know and did know ftx deposits were being funneled to alameda? >> i was vaguely aware that that was how some wires were being sent in the first place. >> george: didn't that set off alarm bell in your head? >> there are a lot of people who are involved in that process. look, i really deeply wish that i had taken, like, a lot more responsibility for understanding what the details were of what was going on there. >> reporter: customers lost everything. one victim telling the judge the money which i wanted to spend on a family home taken away, as well as my children's education. in addition to the 25 years in prison, bankman-fried was ordered to forefit $11 billion to compensate victims. one of the stiffest white collar sentences handed down in years and reflected
. >> you just need ftx! >> reporter: ftx once the go to celebrity endorsed crypto exchange. behind the scenes customers did not know sam bankman-fried was using billions of their money for himself to prop up his struggling hedge fund. at trial prosecutors played this interview with our george stephanopoulos. >> you do know and did know ftx deposits were being funneled to alameda? >> i was vaguely aware that that was how some wires were being sent in the first place....
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Mar 29, 2024
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prosecutors accused the co-founder of ftx of defrauding investors and customers of more than $11 billion, before the crypto exchange collapsed. >> he will still, for the majority of his life, or for the remainder of his life, be working to pay back or to pay this essentially, this fine, which severely limits his ability to do bad in the future, as was one of the judge's big concern. >> the judge strongly admonished bankman-fried, but the sentence was less than a quarter of the maximum for his convictions. the 25 year sentence could be reduced with good behavior when dealing with a quarter century at great taxpayer expense. >> it gets in the way of what people should be most concerned about victims. he should be working and paying that money back. >> bankman-fried's parents attended the sentencing, both taught at stanford. his mother asked the judge for leniency. bankman-fried could be sent to a minimum security prison here in california. >> our time now. 736. the biggest crane on the eastern seaboard just arrived by barge in baltimore to help remove the wreckage from that deadly bridge c
prosecutors accused the co-founder of ftx of defrauding investors and customers of more than $11 billion, before the crypto exchange collapsed. >> he will still, for the majority of his life, or for the remainder of his life, be working to pay back or to pay this essentially, this fine, which severely limits his ability to do bad in the future, as was one of the judge's big concern. >> the judge strongly admonished bankman-fried, but the sentence was less than a quarter of the...
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just two years ago, the ftx founder mingled with the rich and powerful after becoming a billionaire at age 30. now he'll be spending 25 years in federal prison experts believe that sentence could be cut in half with good behavior. and by completing prison rehab programs, bankman-fried's parents, who are law professors at stanford, sent the judge a letter prior to sentencing, according to our media partners at the mercury news, his parents described him as smart, empathetic and motivated to only do good. but the judge wasn't having any of it during sentencing, saying, quote, he knew it was wrong. he knew it was criminal. bankman-fried's parents issued a short statement following that decision, saying, we are heartbroken and will continue to fight for our son, even if victims in this case get their money back. many who invested in cryptocurrencies at the time of ftx's collapse have lost out on a considerable amount of income, experts say many of those currencies would be worth much more today. bitcoin's value, for example, has increased more than 300% since late 2022. back to you at the
just two years ago, the ftx founder mingled with the rich and powerful after becoming a billionaire at age 30. now he'll be spending 25 years in federal prison experts believe that sentence could be cut in half with good behavior. and by completing prison rehab programs, bankman-fried's parents, who are law professors at stanford, sent the judge a letter prior to sentencing, according to our media partners at the mercury news, his parents described him as smart, empathetic and motivated to only...
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kelly, thank you very much. >>> my next guest created unicoin after the ftx collapse. his name is mo, and he joins me now. great to have you, mo. let's begin begin with unicoin. what is it? >> unicoin is actually an alternative, right, that we actually launched because we believed that the lack of transparency, the anonymity and the decentralization of traditional cryptoor currency was so volatile -- clip the currency was so volatile and is so suspect, you know, and open for all kind of nefarious behavior. so unicoin is asset-backed. it's public reporting, it's compliant k. and so we believe that that is the future of cryptocurrency and, certainly are, sam bankman-fried's case certainly supports that message. ashley: and talking of sbf, what did you make of his sentence? do you think it's fair? >> i do think it's fair, and i think that the department of justice sent the right message and the judge, judge kaplan, did as well in the 252-year sentence and this -- 25-year sentence and this $11.2 billion fine. i think the message loud and clear. they're not going to tolerat
kelly, thank you very much. >>> my next guest created unicoin after the ftx collapse. his name is mo, and he joins me now. great to have you, mo. let's begin begin with unicoin. what is it? >> unicoin is actually an alternative, right, that we actually launched because we believed that the lack of transparency, the anonymity and the decentralization of traditional cryptoor currency was so volatile -- clip the currency was so volatile and is so suspect, you know, and open for all...
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just two years ago, the ftx founder mingled with the rich and powerful after becoming a billionaire at age 30. now he'll be spending 25 years in federal prison. experts believe that sentence could be cut in half with good behavior. and by completing prison rehab programs, bankman-fried's parents, who are law professors at stanford, sent the judge a letter prior to sentencing, according to our media partners at the mercury news, his parents described him as smart, empathetic and motivated to only do good, but the judge wasn't having any of it. during sentencing, saying, quote, he knew it was wrong. he knew it was criminal. bankman-fried's parents issued a short statement following that decision, saying, we are heartbroken and will continue to fight for our son even if victims in this case get their money back. many who invested in cryptocurrencies at the time of ftx collapse have lost out on a considerable amount of income, experts say. many of those currencies would be worth much more today. bitcoin's value, for example, has increased more than 300% since late 2022. kumasi thank you. >
just two years ago, the ftx founder mingled with the rich and powerful after becoming a billionaire at age 30. now he'll be spending 25 years in federal prison. experts believe that sentence could be cut in half with good behavior. and by completing prison rehab programs, bankman-fried's parents, who are law professors at stanford, sent the judge a letter prior to sentencing, according to our media partners at the mercury news, his parents described him as smart, empathetic and motivated to...
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i couldn't eat, sleep. >> reporter: this man lost $2 million when ftx imploded. he's still waiting to get that money back. >> i think it goes some way, some closure, but i don't think it fully reflects the financial and emotional toll on customers. >> and our thanks to kate for that report. >>> still to come, beyonce does dolly, and a brand-new take on a country music staple. right after this. sic staple. right after this. try the swiffer powermop. ♪♪ an all-in-one cleaning tool that gives you a mop and bucket clean in half the time ♪♪ our cleaning pad has hundreds of scrubbing strips that absorb and lock dirt away, ♪♪ and it has a 360-degree swivel head that goes places a regular mop just can't. so, you can clean your home, faster than ever. ♪♪ don't mop harder, mop smarter, with the swiffer powermop. can an oven roasted turkey breast don't mop harder, pack so much succulent flavor, that the mere glimpse of it induces turkey sandwich daydreams? if it's hillshire farm, oh, hill yeah.™ it ain't my dad's razor, dad. ay watch it! it's from gillette
i couldn't eat, sleep. >> reporter: this man lost $2 million when ftx imploded. he's still waiting to get that money back. >> i think it goes some way, some closure, but i don't think it fully reflects the financial and emotional toll on customers. >> and our thanks to kate for that report. >>> still to come, beyonce does dolly, and a brand-new take on a country music staple. right after this. sic staple. right after this. try the swiffer powermop. ♪♪ an...
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just two years ago, ftx founder sam bankman-fried mingled with the rich and powerful. this morning, the one time king of crypto is off to federal prison for 25 years, although experts say that sentence could be cut in half with good behavior. and by completing prison rehab programs. ftx was the premier crypto exchange, but it collapsed in late 2022 after bankman-fried used billions in customer funds to keep his hedge fund, alameda research, afloat. at his trial, prosecutors played this abc news interview. >> so you do know, and you did know that fdx deposits were being funneled to alameda. >> so i was vaguely aware that that was how some wires were being sent in the first place. >> didn't that set off alarm bells in your head? >> so there are a lot of people who are involved in that process. and look, i really deeply wish that i had taken like a lot more responsibility for understanding what the details were of what was going on there. >> his lawyer, seeking a more lenient sentence, described bankman-fried as an awkward math nerd, but his victims claim he was more calc
just two years ago, ftx founder sam bankman-fried mingled with the rich and powerful. this morning, the one time king of crypto is off to federal prison for 25 years, although experts say that sentence could be cut in half with good behavior. and by completing prison rehab programs. ftx was the premier crypto exchange, but it collapsed in late 2022 after bankman-fried used billions in customer funds to keep his hedge fund, alameda research, afloat. at his trial, prosecutors played this abc news...
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Mar 29, 2024
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sam bankman—fried used to be the boss of the ftx exchange — but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion dollars — which can be used to compensate victims. he's expected to appeal the sentence — but it could be an uphill battle — sam bankman—fried used to be the boss of the ftx exchange — thejudge had to decide the judge had to decide a thejudge had to decide a couple the judge had to decide a couple of things, and taking into account the sentencing he was considering the age, the losses involved, the impact of the victims, but also the message of the victims, but also the message of deterrence and ultimately he settled on 25 years for sam bankman—fried. it was less than lawyers who had been prosecuting the case had been asking for. they wanted 40—50 years. lawyers for sam bankman—fried were saying he should get less than seven years. judge lewis kaplan decided that splitting the difference in the middle was the way to go. as you mention, sam bankman—fried is only 32 years old, so if he serves the full salary will
sam bankman—fried used to be the boss of the ftx exchange — but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion dollars — which can be used to compensate victims. he's expected to appeal the sentence — but it could be an uphill battle — sam bankman—fried used to be the boss of the ftx exchange — thejudge had to decide the judge had to decide a thejudge had to decide a couple the judge had to decide a couple of things, and taking into...
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Mar 29, 2024
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was convicted in november for stealing more than $8 billion of customers of his now-bankrupt company ftx. his lawyers plan to appeal. >>> kia is recalling more than 400,000 tellurides because of a roll away risk while in park. the recall covers all vehicles made between 2020 and 2023 and some 2024 models, too. kia says until owners can bring in their vehicles to get the free software fix, they should use the manual parking brake instead. >>> and kfc is getting saucy. the company is adding saucy nuggets to its menu starting monday. there are five flavors to choosing from, honey sriracha, korean barbecue, wticky chicky sweet and sour, nashville hot, and georgia gold. >>> that's your cbs "money watch" report. i'm carissa lawson, cbs news, new york. >>> up next, we've got your new beyonce country music. we'll hear her versions of dolly parton's "jolene." beyonce country music. we'll hear her versions of dolly parton's "jolene." (bridget) with thyroid eye disease i hid from the camera. and i wanted to hide from the world. for years, i thought my t.e.d. was beyond help... but then i asked my d
was convicted in november for stealing more than $8 billion of customers of his now-bankrupt company ftx. his lawyers plan to appeal. >>> kia is recalling more than 400,000 tellurides because of a roll away risk while in park. the recall covers all vehicles made between 2020 and 2023 and some 2024 models, too. kia says until owners can bring in their vehicles to get the free software fix, they should use the manual parking brake instead. >>> and kfc is getting saucy. the...
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how long sam bankman-fried will spend behind bars for his role in defrauding ftx investors. >>>
how long sam bankman-fried will spend behind bars for his role in defrauding ftx investors. >>>
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Mar 29, 2024
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prosecutors say he stole almost $11 billion from customers of the ftx crypto exchange. ktvu lamonica peters tells us why experts think that sentence sends a very clear message. >> okay, guys, come on, this way . >> 32 year old sam bankman-fried was sentenced to 25 years behind bars thursday after defrauding crypto investors and customers of over $11 billion. >> this shows that, several regulators are very serious about providing a good and well-established and well secured trading environment to crypto. >> bankman-fried has also been ordered to repay his victims. doctor julian vogel is an assistant professor of finance at san jose state university. >> whenever he gets out of prison, he will still, for the majority of his life or for the remainder of his life, be working to pay back or to pay this essentially this fine, which will severely limits his ability to do bad in the future as was one of the judge's big concern, federal prosecutors had asked for a 40 to 50 year sentence. >> white collar crime prison consultant justin paperny believes u.s. district judge lewis kap
prosecutors say he stole almost $11 billion from customers of the ftx crypto exchange. ktvu lamonica peters tells us why experts think that sentence sends a very clear message. >> okay, guys, come on, this way . >> 32 year old sam bankman-fried was sentenced to 25 years behind bars thursday after defrauding crypto investors and customers of over $11 billion. >> this shows that, several regulators are very serious about providing a good and well-established and well secured...
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sunil kavuri was one of his victims. >> i lost a huge amount of money when ftx collapsed. >> how much? >> $2 million. so -- and that was for a family home and for my children's education, and that's overnight. >> reporter: bankman-fried was once hailed as the future of finance with an estimated net worth of $26 billion. and enlisting celebrities including quarterback tom brady -- >> i'm getting into crypto. >> reporter: -- and basketball star steph curry -- >> i'm not an expert, and i don't need to be. >> reporter: -- to promote his brand. back in november, a jury unanimously found bankman-fried guilty of seven counts, including conspiracy, fraud, and money laundering. michael lewis wrote a book on the crypto star's rise and fall and has been in contact with him while detained. he says the man is hardwired for risk. >> you put your hand on a hot stove, and you don't know to take it off until it's burned to a crisp. he doesn't feel risk. >> reporter: now, there is no parole for federal crimes, but good behavior can reduce time served. bankman-fried's lawyers will appeal this sentence,
sunil kavuri was one of his victims. >> i lost a huge amount of money when ftx collapsed. >> how much? >> $2 million. so -- and that was for a family home and for my children's education, and that's overnight. >> reporter: bankman-fried was once hailed as the future of finance with an estimated net worth of $26 billion. and enlisting celebrities including quarterback tom brady -- >> i'm getting into crypto. >> reporter: -- and basketball star steph curry --...
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Mar 29, 2024
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bankman-fried express nothing remorse after being sentenced to 25 years in prison after defrauding ftx investors. the former crypto ceo must pay $11 billion for his role in the collapse of the digital trading platform. the judge labeling him as a power obsessed scammer. meanwhile, ftx is reportedly planning to sell bankman-fried's bahamas real estate holdings worth estimated $22 million a texas attorney general ken paxton now opening an investigation into one of boeing's parts suppliers after a series of mishaps on recent flights, including mid-air blow out on an alaska airlines flight. spirit arrow system produces the fuselages for boeing 737 jets and packsston saying, quote: the potential risks associated with certain airplane models are deeply concerning and potentially life-threatening to texans. i would hold any company responsible if they fail to maintain the standards required by the law. the average full-time working american can't afford to buy a basic home. that's according to new data from the real estate company redfin. first time buyers must now earn at least $76,000 a yea
bankman-fried express nothing remorse after being sentenced to 25 years in prison after defrauding ftx investors. the former crypto ceo must pay $11 billion for his role in the collapse of the digital trading platform. the judge labeling him as a power obsessed scammer. meanwhile, ftx is reportedly planning to sell bankman-fried's bahamas real estate holdings worth estimated $22 million a texas attorney general ken paxton now opening an investigation into one of boeing's parts suppliers after a...
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it's far. ♪♪ >> like i was saying, it's ftx. it's a safe and easy way to get into crypto. >> ah, i don't think so. i'm never wrong about this stuff, never. >> it turns out larry david may have been onto something. that was the now infamous ftx commercial which aired during the 2022 super bowl. the cryptocurrency exchange collapsed spectacularly months later and its founder was eventually convicted of stealing billions of dollars from customers. yesterday he was sentenced to 25 years in prison. that sentence was shorter than the 40 or 50 years than federal prosecutors sought. he was ordered to forfeit about $11 billion in assets. bankman-fried apologized to the court, saying his decisions haunt him every day. john, it's quite a turn of events for a guy who was on top of the world financially just a few short years ago. >> yeah. a truly stunning and swift fall from grace. let's bring in christine romans and state attorney for palm beach county dave aronberg. just a remarkable fall in just a few short years. ftx with a high-profile
it's far. ♪♪ >> like i was saying, it's ftx. it's a safe and easy way to get into crypto. >> ah, i don't think so. i'm never wrong about this stuff, never. >> it turns out larry david may have been onto something. that was the now infamous ftx commercial which aired during the 2022 super bowl. the cryptocurrency exchange collapsed spectacularly months later and its founder was eventually convicted of stealing billions of dollars from customers. yesterday he was sentenced...
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with the famous politicians, famous celebrities, athletes and whatnot, it wasn't that long ago when ftx was advertising on the super bowl , then look what happened. maria: he was one of the leading donors, political donor donors to democratic candidates. maria: he gave away millions of dollars to politicians up and down from the top down in d.c. to advance his own image into advances on power in his own status. i don't feel sorry whatsoever and i'm not to feel the word sad, good riddance he deserves to be in jail and i hope he serves all 25 years. what he did was put his stain on was a very incredibly exciting emerging world and that's a crypto currency market but when you have the face of it being being sam bankman-fried, that tarnishes a lot of good things about the block chain that a been ignored and tarnished by him. the agreed justness in his attitude, i cannot believe it. maria: thomas, your thoughts. >> that's exactly right and we have to remember we may not be in this position that were in and the amount of money $40 million to democrats imagine how many candidates he supported
with the famous politicians, famous celebrities, athletes and whatnot, it wasn't that long ago when ftx was advertising on the super bowl , then look what happened. maria: he was one of the leading donors, political donor donors to democratic candidates. maria: he gave away millions of dollars to politicians up and down from the top down in d.c. to advance his own image into advances on power in his own status. i don't feel sorry whatsoever and i'm not to feel the word sad, good riddance he...
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i was the ceo of ftx." he said, "i was responsible." the judge admonishing bankman-fried, saying, "there is a risk that this man will be in position to do something very bad in the future." and adding, in his 30 years, he's never seen a performance like bankman-fried's trial testimony, saying, "when he wasn't outright lying, he was evasive." >> how you feeling today? >> no comment. >> reporter: bankman-fried's parents solemn outside the courthouse, saying in a statement they "are heartbroken and will continue to fight for our son." bankman-fried's lawyers say they plan to appeal. >> it was really, really difficult. i mean, i couldn't eat, sleep. >> reporter: this man lost $2 million when ftx imploded. today, he says he's still waiting to get that money back. >> i think that it goes some way, some closure, but i don't think it fully reflects the financial and emotional toll on customers. >> kate, when ftx collapsed, there were real questions about crypto's future. how is it faring now? >> reporter: at the time, lester, sam bankman-fried'
i was the ceo of ftx." he said, "i was responsible." the judge admonishing bankman-fried, saying, "there is a risk that this man will be in position to do something very bad in the future." and adding, in his 30 years, he's never seen a performance like bankman-fried's trial testimony, saying, "when he wasn't outright lying, he was evasive." >> how you feeling today? >> no comment. >> reporter: bankman-fried's parents solemn outside the...
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. >>> plus, ftx founder sam bankman fried will spend the next two decades behind bars. we'll talk about what his sentencing could mean for the future of the crypto industry. we'll be back with business news next. industry. we'll be back with business news next [coughing] copd hasn't been pretty. it's tough to breathe and tough to keep wondering if this is as good as it gets. but trelegy has shown me that there's still beauty and breath to be had. because with three medicines in one inhaler, trelegy keeps my airways open and prevents future flare-ups. and with one dose a day, trelegy improves lung function so i can breathe more freely all day and night. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. ♪ what a wonderful
. >>> plus, ftx founder sam bankman fried will spend the next two decades behind bars. we'll talk about what his sentencing could mean for the future of the crypto industry. we'll be back with business news next. industry. we'll be back with business news next [coughing] copd hasn't been pretty. it's tough to breathe and tough to keep wondering if this is as good as it gets. but trelegy has shown me that there's still beauty and breath to be had. because with three medicines in one...
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. >>> ftx founder sam bank man fried will spend 25 years in prison. in november, a jury found him guilty on several criminal charges. prosecutors said he robbed ftx customers of billions of dollars to make risky bets. he's previously said he plans to appeal the connection, but he did apologize in court today, saying he made selfish decisions. no word yet on where bankman-fried will serve his sentence. >>> the california attorney general's office is suspending its criminal investigation into the former windsor mayor. he resigned as windsor's mayor back in 2021, six weeks after more than a dozen women accused him of sexually assaulting them. today, a spokesperson for the attorney general released a statement to the sf chronicle and says investigators do not have enough evidence to file charges. but the investigation remains open and they encourage any potential witnesses to come forward. he has denied all accusations. >>> bart says it plans to have more officers patrolling trains. arrests increased 62% last year compared to 2022. bart officers logged 72
. >>> ftx founder sam bank man fried will spend 25 years in prison. in november, a jury found him guilty on several criminal charges. prosecutors said he robbed ftx customers of billions of dollars to make risky bets. he's previously said he plans to appeal the connection, but he did apologize in court today, saying he made selfish decisions. no word yet on where bankman-fried will serve his sentence. >>> the california attorney general's office is suspending its criminal...
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sam bankman-fried stole more than 8 billion from investors and customers of ftx and lenders to its sister hedge fund alameda research the judge agreed. he said that bankman-fried has shown no remorse and he said that his nature is one of risk-taking and that he weighed getting caught versus getting away with it. the judge saying at one point, there is a risk that this man will be in a position to do something very bad in the future. and it's not a trivial risks and that is why the judge said he was sentencing the 32 to a 25-year prison sentence to disable him from committing further crimes. that means when the sentence is up, bankman-fried will be 57 years old. his parents issuing a statement after court, which they did attend today saying, we are heartbroken. his lawyer says that they will appeal we'll see what happens. kara scannell reporting. thank you very much into our viewers. thanks very much for watching. i'm wolf blitzer in the situation room. the news continues on cnn, >> right now. >> tonight on 360 breaking news, the first video investigative teams on the container ship, dali
sam bankman-fried stole more than 8 billion from investors and customers of ftx and lenders to its sister hedge fund alameda research the judge agreed. he said that bankman-fried has shown no remorse and he said that his nature is one of risk-taking and that he weighed getting caught versus getting away with it. the judge saying at one point, there is a risk that this man will be in a position to do something very bad in the future. and it's not a trivial risks and that is why the judge said he...
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25 years behind bars, will take a closer look at what plato at the sentencing hearing for the former ftx ceo. that's did you know there's no t in skechers? >> when he told the ball rolling is always been scheduled t and these get to slip is ten, these sketches slip in >> i don't think they have a clue. >> that's crazy. >> well, not everyone knows coventry has helped thousands of people sell their policies for cash, even turn policies. >> i can't believe they're just sitting up there sitting on all this cash. >> if you own a life insurance policy of $100,000 or more, you can sell all or part of it to coventry, even a term policy for cash or a combination of cash and coverage with no future premiums. >> so i want you to tell them but they're sitting on a goldmine you're sitting on a goal. >> that >> i don't hear anything anymore find out if you're sitting on a goldmine called coventry to read today, de hundred 39 to 7,600 or visit coventry direct.com what is circle. surplus the fuel you need to take flight circle is the energy that gets you to the next level circled is which hoped for, rig
25 years behind bars, will take a closer look at what plato at the sentencing hearing for the former ftx ceo. that's did you know there's no t in skechers? >> when he told the ball rolling is always been scheduled t and these get to slip is ten, these sketches slip in >> i don't think they have a clue. >> that's crazy. >> well, not everyone knows coventry has helped thousands of people sell their policies for cash, even turn policies. >> i can't believe they're...
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bankman-fried was sentenced to 25 years in prison for his role in the collapse of his crypto company, ftx. it's even worse news for his cellmate, he's stuck for 25 years with a guy who loves talking about crypto. [ laughter ] "it's protected by a block chain, and they'll never get in the block chain because --" [ light laughter ] "can you give me a shiv? not -- it's for me." "it's safer than you think." [ light laughter ] guys, new york just became the first u.s. city to approve congestion pricing. [ booing ] which means cars that drive into midtown manhattan will have to pay an extra $15. a $15 toll. and that's not all, the city announced some other new tolls too. check these out. you'll have to pay $15 if you -- make eye contact with someone on the subway for more than three seconds. [ laughter and applause ] they'll also charge you $15 if you -- say "this is just like 'sex and the city' when all you're doing is eating brunch." [ laughter ] no, no, it's not. barely. we're just eating. yeah, and finally it's $15 if you -- block the whole sidewalk 'cause you're a family of tourists linkin
bankman-fried was sentenced to 25 years in prison for his role in the collapse of his crypto company, ftx. it's even worse news for his cellmate, he's stuck for 25 years with a guy who loves talking about crypto. [ laughter ] "it's protected by a block chain, and they'll never get in the block chain because --" [ light laughter ] "can you give me a shiv? not -- it's for me." "it's safer than you think." [ light laughter ] guys, new york just became the first u.s....
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anything to say to ftx clients? samm bankman fried's parents immediately tried to escape from the journalists. the irony is that both are lawyers, professors at stanford university, and they are also being sued with accusations. their son’s clients claim that the parents knew full well that the cryptocurrency exchange was originally created as a financial pyramid. moreover, just before bankruptcy. sam gave them a bonus of 10 million dollars and a villa in the bohemians for 16 million. no need to rent, please show respect. the judge sentenced benkman fried himself to 25 years in prison with confiscation of $11 billion. the thirty-two-year-old financier, of course, does not have that kind of money. he knew that he was committing a crime and his only regret was the unsuccessful bet that they would not be able to catch him, but he was not going to admit guilt. in november, a jury found benquan fried guilty of embezzling billions of dollars from client accounts, defrauding creditors and investors, and laundering funds.
anything to say to ftx clients? samm bankman fried's parents immediately tried to escape from the journalists. the irony is that both are lawyers, professors at stanford university, and they are also being sued with accusations. their son’s clients claim that the parents knew full well that the cryptocurrency exchange was originally created as a financial pyramid. moreover, just before bankruptcy. sam gave them a bonus of 10 million dollars and a villa in the bohemians for 16 million. no need...
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prosecutors say he stole nearly $11 billion from customers of the ftx crypto exchange. ktvu lamonica peters explains how the prison sentence sends a message to other white collar criminals. >> okay, guys, come this way. >> 32 year old sam bankman-fried was sentenced to 25 years behind bars thursday after defrauding crypto investors and customers of over $11 billion. >> this shows that, several regulators are very serious about providing a good and well established and well secured trading environment to crypto. >> bankman-fried has also been ordered to repay his victims. doctor julian vogel is an assistant professor of finance at san jose state university. >> whenever he gets out of prison, he will still, for the majority of his life or for the remainder of his life, be working to pay back or to pay this essentially this fine, which will severely limits his ability to do bad in the future. as was one of the judge's big concern, federal prosecutors had asked for a 40 to 50 year sentence. >> white collar crime prison consultant justin paperny believes u.s. district judge
prosecutors say he stole nearly $11 billion from customers of the ftx crypto exchange. ktvu lamonica peters explains how the prison sentence sends a message to other white collar criminals. >> okay, guys, come this way. >> 32 year old sam bankman-fried was sentenced to 25 years behind bars thursday after defrauding crypto investors and customers of over $11 billion. >> this shows that, several regulators are very serious about providing a good and well established and well...
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i was the ceo of ftx, he said, i was responsible. the judge said there is a risk that this man will be in position to do something very bad in the future. and adding in his 30 years he has never seen a performance like bankman fried's trial testimony saying when he was not lying he was evasive. his parents solemn saying they are heartbroken and will continue to fight for their son. lawyers will appeal. >> i couldn't eat sleep. >> reporter: he lost $2 million when ftx imploded and he is waiting to get the money back. >> i don't think it fully reflects the financial and emotional toll on customers. >>> all right, former u.s. attorney joyce vance is back with us, prosecutors were looking of a sentence to 40 to 50 years. what do you make of the judge's decision here? >> reporter: the judge sentences to 25 years. which is a very solid sentence. in a white collar case. the sentencing guidelines here are typically driven by the dollar amount of the fraud. that combined with the fact one of the charges was money laundering is what permitted
i was the ceo of ftx, he said, i was responsible. the judge said there is a risk that this man will be in position to do something very bad in the future. and adding in his 30 years he has never seen a performance like bankman fried's trial testimony saying when he was not lying he was evasive. his parents solemn saying they are heartbroken and will continue to fight for their son. lawyers will appeal. >> i couldn't eat sleep. >> reporter: he lost $2 million when ftx imploded and he...
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ftx was the exchange we are talking _ laws. ftx was the exchange we are talking about, _ laws. ftx was the exchange we are talking about, who - laws. ftx was the exchange we are talking about, who is - are talking about, who is leading the crypto exchanges now? it leading the crypto exchanges now? , ., now? it is all influx. the ceo of finance — now? it is all influx. the ceo of finance comedy _ now? it is all influx. the ceo of finance comedy was - now? it is all influx. the ceo i of finance comedy was largest exchange pleaded guilty to money—laundering charges last year, we will be sentenced next month. there are other businesses in the space, coin bases there, we are also seeing traditional finance companies like blackrock and fidelity investments start to offer bitcoin products as well. {lilia bitcoin products as well. ok, connor sephton, _ bitcoin products as well. ok, connor sephton, has - bitcoin products as well. 0k, connor sephton, has been a pleasure. thank you very much. finally, if you are celebrating easter — and perhaps inviting family for an easter lunch
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>> prosecutors say he stole nearly $10 billion from customers of the ftx crypto exchange. it is described as one of the largest financial frauds in us history. >> as ktvu la monica peters reports. now the prison sentence sends a message to other white collar criminals. >> this shows that several regulators are very serious about providing a good and well-established and well secured trading environment to crypto. okay, guys. >> 32 year old sam bankman-fried was sentenced to 25 years behind bars thursday after defrauding crypto investors and customers of over $11 billion. bankman-fried has also been ordered to repay his victims doctor julian vogel is an assistant professor of finance at san jose state university. >> whenever he gets out of prison, he will still, for the majority of his life or for the remainder of his life, be working to pay back or to pay this essentially this fine, which severely limits his ability to do bad in the future, as was one of the judge's big concern. federal prosecutors had asked for a 40 to 50 year sentence for white collar crime. >> prison co
>> prosecutors say he stole nearly $10 billion from customers of the ftx crypto exchange. it is described as one of the largest financial frauds in us history. >> as ktvu la monica peters reports. now the prison sentence sends a message to other white collar criminals. >> this shows that several regulators are very serious about providing a good and well-established and well secured trading environment to crypto. okay, guys. >> 32 year old sam bankman-fried was sentenced...
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. >> ftx founder sam bankman-fried has been sentenced to 25 years in prison just 2 years ago. the palo alto native was a tightening in the crypto industry. but customers lost billions of dollars when exchange collapsed last november. bankman-fried was convicted of fraud, conspiracy and money laundering. prosecutors say bankman-fried cost investors more than 10 billion dollars by misappropriating the money to cover his expenses. a man suspected of cutting down telephone wires and disrupting internet access for residents richmond is behind bars. >> police say that while searching his car, they found stolen wired and tools. tnt estimates the damage to the phone lines to be more than $20,000. there's real crisis here in california. >> up nexte what lawmakers are now doing to try to solve the home insurance crisis. >> plus, why state officials say they are suspending assault investigations involving a former north bay involving a former north bay norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can au
. >> ftx founder sam bankman-fried has been sentenced to 25 years in prison just 2 years ago. the palo alto native was a tightening in the crypto industry. but customers lost billions of dollars when exchange collapsed last november. bankman-fried was convicted of fraud, conspiracy and money laundering. prosecutors say bankman-fried cost investors more than 10 billion dollars by misappropriating the money to cover his expenses. a man suspected of cutting down telephone wires and...
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having us- — back here in the us, in new york, the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, was 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 deterrent 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 who wanted ao—is years and by contrast lawyers for mr bank
having us- — back here in the us, in new york, the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, was 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...
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i was the ceo of ftx, he said, i was responsible. the judge admonished bankman- fried saying there is a risk this man will be in a position to do something very bad in the future and adding in his 30 years, he has never seen a performance like bankman- fried's trial testimony, saying when he was not out right line, he was evasive. bankman-fried's parents, solemn outside the courthouse, saying in a statement they are heartbroken and will continue to fight for their sons. bankman-fried's lawyers say they plan to appeal. >> i think it goes some way some closure but i don't think it fully reflects the financial or emotional toll on customers. >> joyce is back with us. prosecutors were looking for a sentence of 40 to 50 years. what you make of the judges decision here? >> the judge sentenced to 25 years, which is a very solid sentence. here guidelines are driven by the dollar amount of the fraud. that combined with the fact that one of the charges was money laundering is what permitted the judge to consider imposing a sentence like this a
i was the ceo of ftx, he said, i was responsible. the judge admonished bankman- fried saying there is a risk this man will be in a position to do something very bad in the future and adding in his 30 years, he has never seen a performance like bankman- fried's trial testimony, saying when he was not out right line, he was evasive. bankman-fried's parents, solemn outside the courthouse, saying in a statement they are heartbroken and will continue to fight for their sons. bankman-fried's lawyers...
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crypto king sentenced to 25 years in prison after being found guilty for his role in the collapse of ftx after the -- his rambling attempt at an apology today in court, a judge ripped the fallen mogul as a remorseless scammer obsessed with power, saying he knew it was criminal, he regrets that he made a very bad bet about the likelihood of being caught. the biden administration says it stopping the release of a title ix rule allowed... until after the election. source telling the washington post the white house is holding up because it seems to be too much of a hot topic. former president trump has vowed to ban athletes who identify as transgender from competing outside of their biological sex. >>> small businesses in california are facing twin threats of crime and the state government that is consistently making it harder for them to stay in business. let's bring in a restaurant owner... along with the owner of no hope of printing and graphics. a 30-year-old business destroyed by crime and a swat raid. it is carlos pain you, thank you for coming on, we appreciate it. we have two thanks
crypto king sentenced to 25 years in prison after being found guilty for his role in the collapse of ftx after the -- his rambling attempt at an apology today in court, a judge ripped the fallen mogul as a remorseless scammer obsessed with power, saying he knew it was criminal, he regrets that he made a very bad bet about the likelihood of being caught. the biden administration says it stopping the release of a title ix rule allowed... until after the election. source telling the washington...
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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
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
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from his cryptocurrency exchange ftx by. the former billionaire ceo was previously found guilty of fraud and conspiracy. prosecutors say he took almost £8 billion from customers. and some other stories now. a man has been arrested on suspicion of manslaughter in connection with the death of gogglebox star george gilbey after the a0 year old died in a fall at work. george, who was a self—employed electrician, sadly died at the scene. and it's a great day for freddie flintoff fans as he's making his return to tv after his top gear accident with a second series of a bbc cricket documentary called field of dreams. time now to leave you with 10 seconds of a swan rescued from a supermarket roof in an ikea bag. the best thing about this is the swan was called steve. the team used a 13 metre ladder to rescue him and bring him back to safety. you're all caught up now. see you later. hello, i'm mark edwards, welcome to sports day. here's what's coming up on the show. newcastle's sandro tonali charged by the english fa for alleged b
from his cryptocurrency exchange ftx by. the former billionaire ceo was previously found guilty of fraud and conspiracy. prosecutors say he took almost £8 billion from customers. and some other stories now. a man has been arrested on suspicion of manslaughter in connection with the death of gogglebox star george gilbey after the a0 year old died in a fall at work. george, who was a self—employed electrician, sadly died at the scene. and it's a great day for freddie flintoff fans as he's...
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investigation, tom vacar, ktvu, fox two news sam bankman-fried, the founder of former crypto giant ftx, was sentenced today to 25 years in prison in new york. >> he was found guilty last november of misappropriating funds and for defrauding investors and customers out of billions of dollars. bankman-fried is also required to pay more than $11 billion, which is essentially a formality . after ftx went bankrupt and tanked his billionaire status as a former us attorney spoke with fox business and said that he believes today's sentence was not long enough. >> he's going to do about 15 years, maybe less. yeah, i think the sentence should have been way closer to the 40 or 50 that the government asked for in the case to judge kaplan. >> other experts, though, say a 25 year sentence is essentially the same thing as throwing the book at him. considering that bankman-fried is just 32 years old, he said today he was sorry that he made a lot of bad decisions, but he never admitted fault. bankman-frieds legal team will likely file an appeal. alright, a winter weather advisory, in effect for the gre
investigation, tom vacar, ktvu, fox two news sam bankman-fried, the founder of former crypto giant ftx, was sentenced today to 25 years in prison in new york. >> he was found guilty last november of misappropriating funds and for defrauding investors and customers out of billions of dollars. bankman-fried is also required to pay more than $11 billion, which is essentially a formality . after ftx went bankrupt and tanked his billionaire status as a former us attorney spoke with fox...
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earlier today former ftx ceo sam bateman freed was sentenced to 25 years in prison, really, which means he will finally get his wish of being publicly traded. let's do a monologue, are we coming apart at the seams because of democrat regimes when important stuff gets neglected it falls apart as expected escaping the failed city of baltimore got a bit harder this week after a freighter prout -- ploughed into the francis scott key bridge and as far as metaphors go that's more on the nose than the hunter biden powder snobs we are piecing together what happened but already activists sprung into action a writer at one website says once it is rebuilt the bridge should be renamed after a prominent african-american instead of the white guy who wrote the star-spangled banner but once owned slaves they could replace it with p. diddy he also wrote songs and also owned slaves. so with president biden pledging taxpayer money to rebuild it everyone will be on the hook for the privilege of erasing francis scott key and with that kind of focus on useless virtue signalling it's no surprise that things a
earlier today former ftx ceo sam bateman freed was sentenced to 25 years in prison, really, which means he will finally get his wish of being publicly traded. let's do a monologue, are we coming apart at the seams because of democrat regimes when important stuff gets neglected it falls apart as expected escaping the failed city of baltimore got a bit harder this week after a freighter prout -- ploughed into the francis scott key bridge and as far as metaphors go that's more on the nose than the...
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. >> de prision esa es la condena impuesta hoy para el fundador de la plataforma de criptodivisas ftx. >> sam backman-fried, de 32 anos, fue hallado culpable en novie hombre de dos cargos por fraude y cinco por conspiracion. >> en el juicio los fiscales dijeron que batman freed robo a los clientes de ftx unos 8 mil millones de dolares. >> y por primera vez el censo ofrecera la opcion de latino como categoria unica de raza o etnia hasta ahora los hispanos teniamos una pregunta doble para responder sobre nuestra identidad. >> el resultado indago sobre las consecuencias que tendra este >> responder a las preguntas del censo ha sido siempre una tarea complicada para gina. >> su familia peruana es muy orgullosa de sus raices indigenas sausas, pero en la seccion de raza y etnicidad del cuestionario no ha encontrado una opcion que le ha ad adecuadamente. >> siempre que he rellenado el formulario aqui me he sentido perdida porque tenia las ganas de marcar nativoamericana, pero sabia que se referia a norteamerica. >> muchos hispanos han enfrentado la misma disyuntiva decada tras decada, por el
. >> de prision esa es la condena impuesta hoy para el fundador de la plataforma de criptodivisas ftx. >> sam backman-fried, de 32 anos, fue hallado culpable en novie hombre de dos cargos por fraude y cinco por conspiracion. >> en el juicio los fiscales dijeron que batman freed robo a los clientes de ftx unos 8 mil millones de dolares. >> y por primera vez el censo ofrecera la opcion de latino como categoria unica de raza o etnia hasta ahora los hispanos teniamos una...
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how did ftx come crumbling down? >> sure, um, so just 18 months ago, sam blankman freed was a -- sam bankman-fried was a huge starn the business world. he ran a cryptocurrency exchange ftx, which was basically a platform where you could take your dollars and spend them to buy bitcoin or ether other cryptocurrencies and you can also store your crypto on the platform. so it kind of operated as a bank as well. and it became really popular as the crypto industry grew and grew. and then in november, 2022 there was essentially a run on a bank, and that exposed a big age billion dollars -- $8 billion hole in the money that ftx was supposed to be holding on behalf of its customers. and that kind of kick started this series of events that kind of brought the whole edifice crashing down. william: and so those people who had quote unquote bank their money in his exchanges, they lost all the money. those are the victims in this case. >> those are sort of one subset of the victims. they're probably the largest subset. um, but the
how did ftx come crumbling down? >> sure, um, so just 18 months ago, sam blankman freed was a -- sam bankman-fried was a huge starn the business world. he ran a cryptocurrency exchange ftx, which was basically a platform where you could take your dollars and spend them to buy bitcoin or ether other cryptocurrencies and you can also store your crypto on the platform. so it kind of operated as a bank as well. and it became really popular as the crypto industry grew and grew. and then in...
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. >>> sentencing day for troubled ftx owner, sam bankman-fried. he will spend 25 years in prison for his part in bringing down the cryptocurrency exchange. he rubbed customers of as much is $8 million to make risky bets. he previously signaled he plans to appeal the conviction but he did apologize in court today, saying he made quote, selfish decisions that haunt him every day. no word yet on where he will serve his sentence. meantime, his parents, both longtime stanford professors, are battling a lawsuit from his old company. ftx sued the parents to clawback funds to repay its customers as the company goes through bankruptcy. sam bankman-fried's parents are accused of getting rich off the company, receiving $26 million in gifts and property. as far as what is left of ftx, nobodies or investors were willing to put up enough money to rebuild the exchange so they plan to liquidate. the company is planning to get customers there running -- money back and has already collected $7 billion. so far, the process is slow going, as ftx needs to verify which
. >>> sentencing day for troubled ftx owner, sam bankman-fried. he will spend 25 years in prison for his part in bringing down the cryptocurrency exchange. he rubbed customers of as much is $8 million to make risky bets. he previously signaled he plans to appeal the conviction but he did apologize in court today, saying he made quote, selfish decisions that haunt him every day. no word yet on where he will serve his sentence. meantime, his parents, both longtime stanford professors,...
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and ftx founder sam bankman-fried sentenced to 25 years behind bars. we recap how got to this point. >> police say stepped up safety measures across its stations are making a big difference for riders. officials released new data showing the effectiveness of its safe and clean plan as kron four's theresa tells u.s. felony arrests are up. 62 1% from last year. >> bart police chief kevin franklin saying that he's applauding this new data saying that it is a reflection of the hard work that our police officers have been doing to try make the system safer. take a look at this. you need to see these pictures. this is an example of some of the illegal guns confiscated during arrests in total. bart police say officers took and 49 illegal handguns that is up from 40 in 2022, it's the most guns bar police have ever recovered in a year. officers making 726 arrests and 2023 compare that with 448 in 2022, the department says that is a 62% increase in arrests. bart police chief kevin franklin saying, quote, since we started deploying more patrol officers to ride tr
and ftx founder sam bankman-fried sentenced to 25 years behind bars. we recap how got to this point. >> police say stepped up safety measures across its stations are making a big difference for riders. officials released new data showing the effectiveness of its safe and clean plan as kron four's theresa tells u.s. felony arrests are up. 62 1% from last year. >> bart police chief kevin franklin saying that he's applauding this new data saying that it is a reflection of the hard work...
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Mar 29, 2024
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york to 25 years in prison, after stealing $8 billion from customers of his failed crypto exchange ftx. speaking in court before his sentencing, the man who was known as the crypto king apologised and said he'd made a series of bad decisions. he said he knew a lot of people feel really let down. we'll have more details on that sentencing in our business coverage a little later on this hour. around the world and across the uk, this is bbc news. you're live with bbc news. it was one of last summer's big blockbuster movies and it swept the board during the awards season. but up until now, people injapan haven't been able to see the film oppenheimer. that changes today when it gets a cinema release. the film tells the story of the scientist j robert oppenheimer. this is a national emergency. detonators charged. we this is a national emergency. detonators charged.- this is a national emergency. detonators charged. we are in a race against _ detonators charged. we are in a race against the _ detonators charged. we are in a race against the nazis _ detonators charged. we are in a race against
york to 25 years in prison, after stealing $8 billion from customers of his failed crypto exchange ftx. speaking in court before his sentencing, the man who was known as the crypto king apologised and said he'd made a series of bad decisions. he said he knew a lot of people feel really let down. we'll have more details on that sentencing in our business coverage a little later on this hour. around the world and across the uk, this is bbc news. you're live with bbc news. it was one of last...