Sam Bankman-Fried tried to influence witness as a result of Signal, DOJ alleges

Sam Bankman-Fried tried to influence witness as a result of Signal, DOJ alleges


Crucial Details
  • Sam Bankman-Fried must be barred from encrypted messaging software package, which includes Signal, more than fears of probable witness tampering, federal prosecutors explained in a letter to a Manhattan choose.
  • Prosecutors assert that Bankman-Fried’s overtures to FTX US standard counsel Ryne Miller constituted a probable endeavor at witness tampering.
  • The governing administration cited previously unreleased testimony from previous Alameda CEO Caroline Ellison as element of their justification for the ban.



Source

A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched
Finance

A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched

Key Points Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run. From 1964 to 2024, Berkshire delivered a compounded annual gain of 19.9%, nearly double the S&P 500’s 10.4%. As Buffett relinquishes the helm, investors are increasingly focused on what disappears with him. Source

Read More
Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more

Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]

Read More
Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more

Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders […]

Read More