Sam Bankman-Fried , Hit With Additional , Federal Charge of Bribery.
On March 28, federal prosecutors unsealed another
charge against Sam Bankman-Fried, accusing him
of bribing a government official in China.
NBC reports that the new indictment accuses
Bankman-Fried of bribing at least one government
official in China with a $40 million payout in 2021.
NBC reports that the new indictment accuses
Bankman-Fried of bribing at least one government
official in China with a $40 million payout in 2021.
Currently, the former cryptocurrency mogul is
awaiting trial on a number of crimes related to
the collapse of FTX and his hedge fund Alameda.
Currently, the former cryptocurrency mogul is
awaiting trial on a number of crimes related to
the collapse of FTX and his hedge fund Alameda.
According to the indictment, Bankman-Fried directed an
employee to make bribery payments after several
Alameda accounts were frozen by Chinese authorities.
According to the indictment, Bankman-Fried directed an
employee to make bribery payments after several
Alameda accounts were frozen by Chinese authorities.
After confirmation that the Accounts
were unfrozen, BANKMAN-FRIED
authorized the transfer of additional
tens of millions of dollars in
cryptocurrency to complete the bribe, Unsealed indictment against Sam Bankman-Fried, via NBC.
NBC reports that the charge of bribery comes as
the latest in a growing list of criminal charges since
Bankman-Fried was first arrested in December.
NBC reports that the charge of bribery comes as
the latest in a growing list of criminal charges since
Bankman-Fried was first arrested in December.
So far, Bankman-Fried has pleaded
not guilty to securities fraud, conspiracy
and eight counts of wire fraud.
NBC reports that Bankman-Fried is currently out
on bail.
The recently revised terms allow him to possess a basic phone and computer.
NBC reports that Bankman-Fried is currently out
on bail.
The recently revised terms allow him to possess a basic phone and computer.
FTX, once one of the world's largest
crypto exchanges, is now under new
leadership after declaring bankruptcy.
FTX, once one of the world's largest
crypto exchanges, is now under new
leadership after declaring bankruptcy.
The company is currently in the process
of unwinding its business and attempting
to recover any remaining assets.
EU States Approve First-Ever , Global Comprehensive Crypto Rules.
The rules were approved at an EU finance minister meeting on May 16, CNBC reports.
Crypto regulation has been at the forefront of discussion since the collapse of FTX.
Recent events have confirmed the
urgent need for imposing rules which will better protect Europeans who have invested in these assets, and prevent the misuse of crypto industry for the purposes of money
laundering and financing of terrorism, Elisabeth Svantesson, finance minister for Sweden, via statement.
Now, any firm within the 27-country bloc
that wants "to issue, trade and safeguard" cryptocurrency must obtain a license, CNBC reports.
The new rules have undoubtedly put pressure on Britain, the U.S. and other countries to approve similar regulations, CNBC reports.
Britain has suggested a phased approach beginning with stablecoins and branching out to unbacked crypto assets, but the country hasn't established a timetable. .
The U.S. has been using existing securities rules and is still deciding if new rules are needed and who would enforce them.
Hester Peirce, a U.S. derivatives regulator commissioner, recently said that federal and state authorities remain uncertain about any oversight role they may offer in the crypto sector.
We are wandering
in the desert a bit, Hester Peirce, a U.S. derivatives
regulator commissioner, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
India-UK joint military exercise ‘AJEYA WARRIOR-2023’ has come to an end in Salisbury, England. Army personnel from both nations displayed their military skills during the biennial exercise. This year, exercise ‘AJEYA WARRIOR-23’ featured soldiers from the UK’s 16 Air Assault Brigade Combat Team…the 2nd Battalion of the Royal Gurkha Rifles and India’s 6th Battalion of the Bihar Regiment. This was the 7th edition of the joint army exercise between two nations. The Ajeya Warrior Exercise is a combined military drill, designed to provide company-level joint training focused on counter-terrorism operations in urban and semi-urban settings. The scope of this exercise involved a Command Post Exercise (CPX) at the Battalion level and Company level Field Training Exercise (FTX). During the exercise, participants engaged in a variety of missions testing their operational acumen in various simulated situations; showcasing and refining their tactical drills, and learning from each other’s operational experience.
#Ajeywarrior#Indiaukarmy#jointexercise
~PR.153~HT.98~ED.102~
Apple To Finally Fix the 'Ducking', Autocorrect Issue on iPhone.
Apple has announced that the iPhone maker
will finally tweak its autocorrect feature to
stop correcting a common expletive to "ducking.".
Apple has announced that the iPhone maker
will finally tweak its autocorrect feature to
stop correcting a common expletive to "ducking.".
In those moments where you
just want to type a ducking word,
well, the keyboard will learn it, too, Craig Federighi, Apple senior vice president of software engineering, via NBC.
In those moments where you
just want to type a ducking word,
well, the keyboard will learn it, too, Craig Federighi, Apple senior vice president of software engineering, via NBC.
NBC reports that the "ducking"
situation has long been a source of both
amusement and frustration for Apple users.
Apple also unveiled details on a revamping
of its desktops and laptops, along with
a pricey new mixed-reality headset.
Apple also unveiled details on a revamping
of its desktops and laptops, along with
a pricey new mixed-reality headset.
On June 4, shares in Apple hit an
all-time record, bringing the company's
market valuation up to just under $3 trillion.
NBC reports that Apple's 280% gains over
the last five years signify the company's
commanding market share.
NBC reports that Apple's 280% gains over
the last five years signify the company's
commanding market share.
The Apple Vision Pro was revealed
at the company's Worldwide
Developers Conference. .
The $3,499 headset features
both augmented and
virtual reality technology.
The $3,499 headset features
both augmented and
virtual reality technology.
NBC reports that the Apple Vision Pro
is now the most advanced, and most
expensive, VR headset on the consumer market. .
NBC reports that the Apple Vision Pro
is now the most advanced, and most
expensive, VR headset on the consumer market. .
Apple has already showed off a number of uses
for the VR headset, including immersive movies,
educational content, games and web surfing.
Apple has already showed off a number of uses
for the VR headset, including immersive movies,
educational content, games and web surfing
Credit: Wibbitz Top Stories Duration: 01:39Published
Pat Robertson, Founder of the Christian
Broadcasting Network, Dead at 93.
On June 8, the Christian Broadcasting Network , announced the conservative
evangelist and media mogul, had died at the age of 93. .
NBC reports that Robertson amassed a massive following
through his Christian Broadcasting Network (CBN), while
drawing criticism for his incendiary political statements.
Pat Robertson dedicated his life
to preaching the Gospel, helping
those in need, and educating
the next generation, Christian Broadcasting Network statement, via NBC.
Pat Robertson dedicated his life
to preaching the Gospel, helping
those in need, and educating
the next generation, Christian Broadcasting Network statement, via NBC.
Beyond being considered one of the most influential
Christian broadcasters in the United States,
Robertson was also an entrepreneur. .
He transformed a small television station in Virginia into a
religious broadcasting powerhouse, while also founding the
Christian Coalition, a cornerstone of the Republican Party.
He transformed a small television station in Virginia into a
religious broadcasting powerhouse, while also founding the
Christian Coalition, a cornerstone of the Republican Party.
In 1988, Robertson ran for the Republican
presidential nomination, ultimately
losing to George H.W. Bush.
In 1988, Robertson ran for the Republican
presidential nomination, ultimately
losing to George H.W. Bush.
NBC reports that Robertson's political opinions
and controversial public statements built
his reputation as a right-leaning firebrand. .
NBC reports that Robertson's political opinions
and controversial public statements built
his reputation as a right-leaning firebrand. .
Since forming the CBN in 1961,
Robertson has remained a beloved
figure by conservative followers. .
Since forming the CBN in 1961,
Robertson has remained a beloved
figure by conservative followers. .
NBC reports that Robertson strayed from the conservative
party line on issues that included mandatory
prison sentences for marijuana convictions. .
NBC reports that Robertson strayed from the conservative
party line on issues that included mandatory
prison sentences for marijuana convictions.
Credit: Wibbitz Top Stories Duration: 01:33Published
Pro Wrestling Legend , The Iron Sheik , Dies at 81.
NBC reports that the death of pro wrestling
legend the Iron Sheik was announced
on the wrestler's popular Twitter feed. .
NBC reports that the death of pro wrestling
legend the Iron Sheik was announced
on the wrestler's popular Twitter feed. .
The Iron Sheik, , born Hossein Khosrow Ali Vaziri, , was 81 years old.
According to the statement to his over
640,000 followers, the Iron Sheik , "transcended the realm of sports entertainment.".
The statement also noted "his larger-than-life
persona, incredible charism, and unparalleled in-ring
skills" that "captivated audiences around the globe." .
WWE is saddened to hear of
the passing of WWE Hall of Famer
The Iron Sheik, and extends
its condolences to his
family, friends, and fans, WWE statement, via NBC.
WWE is saddened to hear of
the passing of WWE Hall of Famer
The Iron Sheik, and extends
its condolences to his
family, friends, and fans, WWE statement, via NBC.
NBC reports that the Sheik became "one of the most
notorious villains" in wrestling, rising to prominence amid
tensions between the United States and his native Iran.
NBC reports that the Sheik became "one of the most
notorious villains" in wrestling, rising to prominence amid
tensions between the United States and his native Iran.
In 1983, he captured the world
heavyweight belt with a win over
Bob Backlund at Madison Square Garden.
In 1983, he captured the world
heavyweight belt with a win over
Bob Backlund at Madison Square Garden.
One month later, the Sheik would
start a career-defining rivalry with fellow
wrestling legend, Hulk Hogan.
One month later, the Sheik would
start a career-defining rivalry with fellow
wrestling legend, Hulk Hogan.
NBC reports that the Sheik later would become
known for using over-the-top caustic
language to address current events on social media.
NBC reports that the Sheik later would become
known for using over-the-top caustic
language to address current events on social media.
His last tweet made reference to a series
of wildfires across Canada that have impacted
air quality across the northeastern U.S., writing , "F*** THE WILDFIRES." .
His last tweet made reference to a series
of wildfires across Canada that have impacted
air quality across the northeastern U.S., writing , "F*** THE WILDFIRES."
Credit: Wibbitz Top Stories Duration: 01:31Published
Prince Harry Accuses Tabloids, of Having 'Blood on Their Hands'.
Prince Harry offered a historic testimony
while speaking before London's High Court.
Prince Harry offered a historic testimony
while speaking before London's High Court.
NBC reports that Harry became the first member of the
British royal family to appear as a witness in court in
130 years when he took the stand on June 6.
NBC reports that Harry became the first member of the
British royal family to appear as a witness in court in
130 years when he took the stand on June 6.
Harry appeared in court to offer testimony against the
publishers of Britain's tabloid newspaper 'Daily Mirror.'.
Mirror Group Newspapers has been accused by the prince
and others of illegally obtaining information through
unlawful methods that include phone hacking.
Mirror Group Newspapers has been accused by the prince
and others of illegally obtaining information through
unlawful methods that include phone hacking.
The Mirror Group has insisted that it
only used public documents, statements
and sources to legally publish reports.
NBC reports that Harry said he was speaking out against , “some of the editors and journalists that are
responsible for causing a lot of pain, upset
and in some cases, speaking personally, death.”.
How much more blood will stain
their typing fingers before someone
can put a stop to this madness?, Prince Harry, June 6 testimony, via NBC.
According to the Duke of Sussex, he holds
the paparazzi responsible for the death
of his mother, Princess Diana, in 1997.
According to the Duke of Sussex, he holds
the paparazzi responsible for the death
of his mother, Princess Diana, in 1997.
The prince has also accused the British media of racism
and hounding his wife, Meghan, which is what caused
the couple to abandon royal life and move to the U.S.
Democracy fails when your press fails
to scrutinize and hold the government
accountable, and instead choose
to get into bed with them so they
can ensure the status quo, Prince Harry, June 6 testimony, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
US Government , Facing Lawsuit Over , Drug Price Negotiation Program.
On June 6, Merck announced a lawsuit against the
United States arguing that the Inflation Reduction
Act violates both the Fifth and First Amendments.
NBC reports that Merck is seeking
an injunction of the Inflation Reduction
Act's drug price negotiation program.
The drugmaker argues that the program
would force the company to negotiate
prices for drugs at below market rates.
NBC reports that people in
the U.S. pay more for medication
than any other country in the world.
NBC reports that people in
the U.S. pay more for medication
than any other country in the world.
The pharmaceutical industry has argued that resulting
loss of profits from the new law would force them
to halt the development of new treatments.
The pharmaceutical industry has argued that resulting
loss of profits from the new law would force them
to halt the development of new treatments.
The IRA uses severe penalties to
requisition medicines while refusing
to pay their fair value—and then coerces
manufacturers to smile, play along,
and pretend it is all part of
a ‘fair’ and voluntary exchange, Merck statement, via NBC.
The IRA uses severe penalties to
requisition medicines while refusing
to pay their fair value—and then coerces
manufacturers to smile, play along,
and pretend it is all part of
a ‘fair’ and voluntary exchange, Merck statement, via NBC.
The new laws would require written agreements conceding
that the prices are fair, which Merck argues would
violate the company's First Amendment protections.
The new laws would require written agreements conceding
that the prices are fair, which Merck argues would
violate the company's First Amendment protections.
NBC reports that the first Medicare drug price
negotiation is scheduled to start in September.
New prices on what the CMS identifies as the ten
most costly drugs would go into effect in 2026.
According to NBC, those price changes
are estimated to cut industry sales
by $4.8 billion in the first year alone
Credit: Wibbitz Top Stories Duration: 01:31Published
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