FTX founder Sam Bankman-Fried faces a maximum possible sentence of 110 years in prison under federal sentencing guidelines for the massive fraud conspiracy that led to the collapse of his cryptocurrency exchange and a related hedge fund, a judge ruled Thursday. Judge Lewis Kaplan increased the sentencing guidelines range for Bankman-Fried after finding that he
Kia’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia to kick off US EV9 production in May After launching the EV9
In this article RDDT Follow your favorite stocksCREATE FREE ACCOUNT The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images Reddit shares are plummeting after experiencing a rally stemming from the social media
The presidents of France and Brazil – both wearing white open-necked shirts – have been pictured smiling warmly at each other and embracing, with social media users calling it a “bromance”. Luiz Inacio Lula da Silva clutched Emmanuel Macron’s hand as he led him through some difficult terrain on the island of Combu in the
US President Joe Biden’s presidential election campaign is set to raise $25m (£19.7m) due to a star-studded event that will be attended by more than three decades of Democratic leadership. Mr Biden’s campaign team claim the figure is a record. Former Democratic presidents Barack Obama and Bill Clinton will be standing alongside Mr Biden at
Loading… Loading… A savvy trader turned a small investment into a fortune overnight, as the meme cryptocurrency named after Richard Dawkins, the evolutionary biologist, experienced a staggering surge in value. What Happened: In just a few hours on Wednesday, the individual managed to convert $3,000 worth of Dawkoins DAW/USD into $215,000 following a spike in
NAIROBI, Kenya (AP) — Kenya’s government on Tuesday began handing over to relatives the bodies of 429 members of a doomsday cult at the center of a legal case that has shocked the country. Exhumed bodies from a vast rural area in coastal Kenya have shown signs of starvation and strangulation. Cult leader Paul Mackenzie
Loading… Loading… In a significant development, the market for tokenized U.S. Treasury debt has seen a surge, with the value of Treasury notes tokenized on public blockchains reportedly surpassing $1 billion for the first time. What Happened: The market value of U.S. Treasury notes tokenized on public blockchains such as Ethereum, Polygon, Valanche, Stellar, and
Loading… Loading… Major cryptocurrencies traded mixed on Wednesday evening as Bitcoins momentum slowed and it experienced a small price correction.CryptocurrencyGains +/-Price (Recorded 12:00 a.m. EDT)Bitcoin BTC/USD -1.94%$69,229Ethereum ETH/USD -3.64%$3,486Dogecoin DOGE/USD +5.87%$0.19 What Happened: Over $9.4 billion worth of Bitcoin options are scheduled to expire on the Deribit cryptocurrency exchange on March 29. This indicates a
Herms’ highly coveted Birkin handbag becomes even more coveted after it leaves the store — doubling in value in as little as five years, according to a luxury expert. James Firestein, founder of luxury resale and authentication platform OpenLuxury, told Fortune that the steepest price increase he has ever witnessed when a Black Togo 30
Home Depot announced that it’s acquiring SRS Distribution — which sells supplies to builders, roofers, landscapers and pool contractors — in a mammoth $18.25 billion deal that includes assumed debt. Home Depot said in a press release issued Thursday that it expects the deal to close in its 2024 fiscal year, which ends late January
Nonbinary teen Nex Benedict left handwritten notes suggestive of self-harm before dying by suicide, according to the final autopsy result which found no lethal trauma despite head injuries from a school fight a day earlier. An initial one-page summary earlier this month had listed the 16-year-old’s cause of death as a suicide from a combined
When she was in ninth grade, Fiona Lu fell into a depression. She had trouble adjusting to her new high school in Orange County, California, and felt so isolated and exhausted that she cried every morning. This article is from a partnership that includes KQED, NPR, and KFF Health News. It can be republished for
SEO entrepreneur Joe Davies is sharing nuggets of wisdom about how to become a millionaire now that he’s lovin’ his career path. After years of working dead-end jobs, including at McDonald’s, Davies longed to make a name for himself an aspiration he shared with his childhood friend, Joe Taylor. “I didnt go to university like
Tech companies are pulling out all the stops to hire top-tier talent in the field of artificial intelligence — so much so that billionaire moguls like Mark Zuckerberg and Sergey Brin are personally reaching out to candidates in hopes of convincing them to work for their firms. Zuckerberg, the founder and CEO of Meta Platforms
BlackRock was issued a legal warning by Mississippi over “false and misleading statements to Mississippi investors” tied to its environmental, social and governance (ESG) investment strategies, according to a 33-page document released on Wednesday. The Mississippi secretary of state Michael Watson and the state’s Securities Division issued a ‘summary cease and desist order’ and served a warning
Warner Bros Entertainmentdidn’t steal the plot for its 2022 blockbuster “The Batman” from a writer who created a story about the Caped Crusader three decades earlier, a federal judge in Manhattan ruled on Wednesday. US District Judge Paul Engelmayer also said the writer Christopher Wozniak infringed copyrights belonging to DC Comics, which employed him as
High margins for fuel retailers may mean drivers are still paying over the odds at the pump, according to the competition regulator. In a monitoring report, following its fuel market study of 2022, the Competition and Market Authority (CMA) said fuel margins – the difference between what retailers pay for their fuel and the price
Energy bills are projected to fall by less than expected this summer and autumn due to an increase in wholesale prices, according to a closely-watched forecast. The energy price cap projection in both quarters – July to September and October to December – has risen by around 7% since predictions made last month. This means
Mar 27, 2024, 02:21 PM ET Open Extended Reactions Erika Cruz will defend her WBA junior featherweight title against Nazarena Romero on Saturday, May 11, promoter Matchroom Boxing announced Wednesday. The fight at the Palenque de la Feria National de San Marcos in Aguascalientes, Mexico, will be the co-main event of Eduardo Hernandez’s junior lightweight