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According to Greek media reports, Athens deployed an air defense system to Crete after Iran threatened US military bases in Europe.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.9 occurred near Changning County, Yibin City, Sichuan Province at 08:26 on August 24. The final result is subject to the official rapid report.August 24th - According to sources familiar with the matter, the Canadian government believes the possibility of resuming negotiations with US President Trump before the midterm elections is extremely slim, as trade talks have broken down. The source stated that Canadian Prime Minister Carney indicated he would prepare a domestic aid package to help businesses affected by US tariffs. Sources say these measures are designed to help businesses weather the remainder of Trumps term if necessary. However, while the Carney government sees no immediate signs of restarting negotiations, some sources warn that the situation remains dynamic, and the US has not ruled out renegotiating. The sudden breakdown of negotiations has forced Carney to prepare for a potentially long winter. Carney reportedly told reporters, "We will support affected businesses for as long as possible, in other words, even beyond the end of this US administrations term. We have established various mechanisms, and all details will be released within the next few days."On August 24th, it was reported that the U.S. Postal Service issued new rules for mail-in ballots on August 23rd local time. The rules require states to submit lists of voters who have applied for mail-in ballots and to affix unique barcodes containing names and addresses to both mailed and returned ballot envelopes for verification and tracking. The U.S. Postal Service stated that the collected data will be managed separately from state voter rosters and will aid in the enforcement of federal law. Due to a court injunction, the new rules will not take effect immediately and will only be implemented after the injunction is lifted. This years midterm elections are crucial for the battle for control of the House and Senate. Regarding mail-in ballots, the Supreme Court rejected a Republican appeal in June, allowing some local governments in the U.S. to still count ballots postmarked no later than Election Day but delivered later.The Nikkei 225 index opened down 153.79 points, or 0.23%, at 65,862.57 on Monday, August 24.

Former FTX CEO Bankman-Fried arrested in Bahamas

Skylar Shaw

Dec 13, 2022 15:31

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A representative for the Manhattan office of the U.S. Attorney confirmed that Bankman-Fried had been detained in The Bahamas but would not elaborate on the charges.


The Bahamas Attorney General Ryan Pinder's office stated: "As a result of the notification received and the material presented therewith, it was judged necessary for the Attorney General to seek SBF's arrest and hold him in custody pursuant to our nation's Extradition Act."


It was impossible to get in touch with Bankman-attorney Fried's right away for comment.


In a series of interviews and appearances in front of the public in late November and early December, Bankman-Fried acknowledged risk management shortcomings but sought to distance himself from fraud allegations, claiming he never purposefully mixed up customer funds on FTX with funds at his proprietary trading company, Alameda Research.


In an interview with the New York Times on November 30, Bankman-Fried stated, "I didn't ever try to commit fraud," and he added that he doesn't believe he is legally responsible.


In one of the most publicized cryptocurrency meltdowns, FTX, one of the biggest cryptocurrency exchanges in the world, filed for bankruptcy protection on November 11 after users withdrew $6 billion from the platform in just three days and rival exchange Binance abandoned a rescue plan.


According to Reuters, which cited two persons with knowledge of the situation, Bankman-Fried surreptitiously transferred $10 billion of FTX customer cash to Alameda, which led to the liquidity crisis. The folks claimed that at least $1 billion in client funds had disappeared.


The day before FTX filed for bankruptcy, Bankman-Fried announced his resignation as CEO of the company.