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New York federal court Judge Gabriel Gorenstein allowed FTX co-founder Bankman-Fried to be released on a $250 million bond, which also included strict supervision while forcing him to remain at his parents home in California. The bail was secured thanks to a deal between prosecutors and the FTX ex-CEOs legal team that finally got Bankman-Fried to agree to extradition. According to CNBC, the judge said the crypto founder, who often goes by his initials SBF, will also need to wear an electr
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stanley mugs ant U.S. Attorney Nicolas Roos recommended these strict bail terms calling it fraud of epic proportions. He echoed previous statements from U.S. Attorney for the Southern District of New York Damian Williams who called the FTX case one of the biggest financial frauds in American history. SBF has been charged with eight counts of wire fraud and conspiracy to commit securities fraud, money laundering, and violating campaign finance laws鈥攁ll centered around his crypto exchange FTX. All in all, the charges equate to a max of 115 years in prison, but that total is a bit of a stretch especially noting other recent major fraud convictions. Theres an open question of how much money SBF has left after the absolute failure
stanley us of his exchange that was once worth $32 billion. The crypto founder has been pulled off the Bloo Hmvu Arcane Fights Its Way to Blu-Ray in October
and continued assertions by U.S. intelligence agencies that Chinese tech giant Huawei poses a national security risk, Donald Trump is poised to sign an executive ord
stanley cup becher er that could bar telecommunications companies from buying its equipment, Reuters reported on Tuesday. Reuters cited three U.S. officials familiar with the plan, which would not name any specific nations or companies but instead give the president the authority to regulate commerce in response to a national emergency that threatens the United States. That would be a clear shot at Huawei, which the U.S. intelligence community鈥攍argely without presenting hard evidence鈥攈as presented as a security risk due to its alleged ties to the Chinese military and intelligence agencies. Reuters wrote: The order, which will not name specific countries or companies, has been under consideration for mor
stanley cup e than a year but has repeatedly been delayed, the sources said, asking not to be named because the preparations remain confidential. It could be delayed again, they said. The executive order would invoke the International Emergency Economic Powers Act, which gives the president the authority to regulate commerce in response to a national emergency that threatens the United States. The order will direct the Commerce Department, working with other government agencies, to draw up a plan for enforcement, the sources said. Ver
stanley termos y much in keeping with this administrations habit of arbitrarily declaring things national emergencies to
