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FTX co-founder admits to multiple financial crimes

Published Wed, 26 Feb 2025 05:42:17 GMT

By Allison Morrow | CNNA key witness for prosecutors in the trial of Sam Bankman-Fried testified that both he and Bankman-Fried committed multiple financial crimes related to their oversight of now-bankrupt crypto exchange FTX.Gary Wang, who co-founded FTX with Bankman-Fried, told jurors — in compliance with an earlier plea deal — that he was guilty of wire fraud, securities fraud and commodities fraud, and that he committed those crimes under the direction of Bankman-Fried.Wang’s testimony, along with that of two other close business associates, is a crucial component for the government’s case against Bankman-Fried, 31, whom prosecutors say orchestrated a massive, yearslong scheme to steal from customers and defraud investors.Bankman-Fried, known as SBF, has pleaded not guilty to seven counts of fraud and conspiracy.Wang, whose testimony will continue Friday morning, offered an account that closely hews to the government’s claims and corroborates media reports about various special...

State levies $11,000 fine, suspends license of San Jose residential day care where two toddlers drowned

Published Wed, 26 Feb 2025 05:42:17 GMT

SAN JOSE — A residential day care facility in San Jose’s Almaden neighborhood where two toddlers drowned earlier this week has had its operating license suspended and will face a sizable fine, according to authorities.Related ArticlesCrashes and Disasters | Bay Area school district settles lawsuit over death of teen for $5 million Crashes and Disasters | California woman accused of murdering son was sought in 2013 child-abuse case Crashes and Disasters | East Bay toddler found dead in bathtub; pair arrested on allegations of torture, homicide Crashes and Disasters | Identities of drowning victims released as San Jose police continue investigation Crashes and Disasters | Two children die, one injured after falling into swimming pool at San Jose daycare In a statement, state Department of Social Services spokesperson Jason Montiel said the agency notified Happy Happy Home Daycare that its licen...

Colma police search for man accused of filming woman in dressing room

Published Wed, 26 Feb 2025 05:42:17 GMT

(KRON) -- The Colma Police Department is looking for a man who allegedly filmed a woman with his cell phone while she was changing in a dressing room. Police said the suspect is connected with other sexual assault cases in the Bay Area as well. The filming incident happened on Sept. 22 at about 8:45 p.m. at a store on Colma Boulevard. A 21-year-old woman said the suspect propped a cell phone under the stall she had been changing at. San Francisco clerk murdered by man who stole 2 cans of beer, prosecutors say The victim confronted the suspect and he left the store before police arrived. Police watched surveillance footage and began working with other law enforcement agencies to identify him. Images of the suspect can be seen at the top of the story.He is described as a Hispanic or Middle Eastern man in his late 20s to mid 30s. He is about 5-foot-8 with an average build, medium skin complexion, short dark hair and facial hair. He was last seen wearing a gold necklace. "The suspect...

Dick Butkus, fearsome Hall of Fame linebacker for the Chicago Bears, dies at 80

Published Wed, 26 Feb 2025 05:42:17 GMT

Chicago Bears legend Dick Butkus watches from the sideline during the first half of an NFL football game against the Houston Texans Sunday, Sept. 25, 2022, in Chicago. (AP Photo/Nam Y. Huh)(AP/Nam Y. Huh) Chicago Bears legend Dick Butkus watches from the sideline during the first half of an NFL football game against the Houston Texans Sunday, Sept. 25, 2022, in Chicago. (AP Photo/Nam Y. Huh)(AP/Nam Y. Huh) CHICAGO (AP) — Dick Butkus, fearsome Hall of Fame linebacker for the Chicago Bears, dies at 80.Source

Diamondbacks are big winners these days, but first, they had to learn how to lose

Published Wed, 26 Feb 2025 05:42:17 GMT

PHOENIX (AP) — To learn how to win on a consistent basis, the Arizona Diamondbacks had to figure out how to lose.A terrible six weeks back in the middle of the summer threatened to derail their season, but the D-backs persevered and came out stronger. Now they’re on their way to an NL Division Series against the Los Angeles Dodgers after finishing a two-game sweep of the Milwaukee Brewers in the wild-card round on Wednesday.Game 1 is Saturday in Los Angeles.“I think the guys that we have are built for the moment,” Arizona center fielder Alek Thomas said.It hasn’t always been this way for the D-backs, who are back in the playoffs for the first time since 2017. They’re just two years removed from losing 110 games in a dismal 2021 campaign that tested everyone’s patience.Those days seemed long gone by midway through the current season. The D-backs had a 50-34 record on July 1 and climbed to the top of the NL West, 3 1/2 games ahead of the Dodgers. Then, the bott...

Colts defense still searching for a way to slow down Derrick Henry with Titans coming to town

Published Wed, 26 Feb 2025 05:42:17 GMT

INDIANAPOLIS (AP) — When the Indianapolis Colts watch video of prior matchups against Derrick Henry, they see a whole lot of failure.They’ve spent seven years trying to slow down the powerful 6-foot-3, 247-pound, two-time NFL rushing champ, and nothing seems to work.The Tennessee star has run through them, around them, even stiff-armed them for seven 100-yard outings in 14 career games against Indy. And if the Colts want to snap their five-game losing streak to the Titans, the defensive game plan is no secret.“With Tennessee, you know (coach Mike) Vrabel is going to have them ready to play, that they’re going to rally behind No. 22,” Colts linebacker Zaire Franklin said, referring to Henry’s jersey number.Henry had 1,287 yards against Indy (2-2) — although the Titans’ AFC South rivals Houston and Jacksonville have allowed even more yards to the 2015 Heisman Trophy winner.In his last seven games against the Colts, Henry has topped 100 yards six times. The lone...

5 teorías que explicarían por qué Taylor Swift podría estar saliendo con Travis Kelce

Published Wed, 26 Feb 2025 05:42:17 GMT

(CNN) — Antes de que enloquezcas con el titular, tienes que calmarte.Mucho se ha hablado de cómo Taylor Swift ha ayudado a “poner a Travis Kelce” en el mapa. Con el debido respeto a Swift, Kelce no era un completo desconocido para el mundo antes de que comenzaran a pasar tiempo juntos.Sin embargo, es cierto que desde que Swift empezó a aparecer en los partidos del jugador de fútbol americano de los City Chiefs de Kansas, Kelce ha ganado seguidores en redes sociales, las ventas de sus camisetas han aumentado casi en 400% y los índices de audiencia de los partidos de su equipo se han disparado.Nuevas fotos muestran a Taylor Swift animando a Travis Kelce, mientras sus fans elevan las cifras de la NFLTodo ello plantea la pregunta: ¿qué gana Taylor Swift con ello?Aunque ni Swift ni Kelce han dicho públicamente si son algo más que amigos, aquí hay algunas posibles teorías de por qué ella puede estar disfrutando de la compañía de Kelce.Teoría 1: Puede que Swift se sintier...

Chargers using the bye week to look forward to what lies ahead the rest of the season

Published Wed, 26 Feb 2025 05:42:17 GMT

Teams usually go into the bye week looking back at their accomplishments. Brandon Staley, though, is trying to look ahead.After four games, Staley’s Los Angeles Chargers squad is on its earliest in-season break since 2009. Instead of the usual intensive self-scouting done during bye weeks, Staley said his staff will focus on the remaining three-quarters of the season.“Maybe a little bit more think-tank of what we want our team to look like here in the weeks after the bye, and then projecting to the end of the season, instead of saying, ‘Hey, I have all of this assessment for like half the season, where I have eight or nine games of inventory to look at,'” Staley said. “We have a much shorter inventory to go by.”The Chargers continued to be plagued by some of the same issues exhibited throughout Staley’s first two seasons. They have held double-digit leads in three games, only to see them go down to the final minute. After losing in overtime at Tennessee in Week 2, Los An...

Colorado funeral home with “green” burials under investigation after improperly stored bodies found

Published Wed, 26 Feb 2025 05:42:17 GMT

PENROSE, Colo. (AP) — Authorities said Thursday they were investigating the improper storage of human remains at a southern Colorado funeral home that performs what they call “green” burials without embalming chemicals or metal caskets.The investigation centers on a building owned by the Return to Nature Funeral Home outside Colorado Springs in the small town of Penrose. Deputies were called to the building on Tuesday night in reference to a suspicious incident. Investigators returned the next day with a search warrant and found the improperly stored remains, the Fremont County Sheriff’s Office said a Thursday statement. The sheriff’s office said it was working with state and federal officials.Trash bags could be seen Thursday outside the entrance of the company’s single-story building with two law enforcement vehicles parked in front. Yellow police tape cordoned off the area and a putrid odor pervaded the air. A hearse was parked at the back of the building, in a parking lot ...

Why services offered have varied after Denver homeless camp cleanups

Published Wed, 26 Feb 2025 05:42:17 GMT

DENVER (KDVR) - The FOX31 Problem Solvers continues asking tough questions about Denver’s policies on clearing homeless encampments. As FOX31 first reported Wednesday night, the city of Denver does not​ treat all these encampments the same. Some of them do not get offered the same relocation services as others. We pressed the mayor's office to explain why. What happened to Nathaniel Holmes? Investigation Discovery to highlight missing case We compared services offered at two different cleanups.We saw very few tents and unhoused people in the area today near East 16th Avenue and Sherman Street where a sweep took place Wednesday.The removal was carried out by Denver’s Department of Transportation and Infrastructure (DOTI), not through Mayor Mike Johnston’s housing initiative. In the 16th and Sherman case, the Problem Solvers were told unhoused people were given a seven-day notice. But when the cleanup started yesterday, they did not have the same support given people during a ...