The complaint alleges that Sam Bankman-Fried raised more than $1.8 billion from equity investors since May 2019 by promoting the cryptocurrency exchange company as a safe platform for trading assets.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World, Politics
Prosecutor says Oath Keepers saw Jan. 6 as ‘first battle’ in war
Jurors have heard a prosecutor’s opening statements for a second seditious conspiracy trial against members of the far-right Oath Keepers group charged in the Capitol attack on Jan. 6, 2021.
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Posted inBusiness, Nation & World
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
The former CEO of failed crypto firm FTX Sam Bankman-Fried’s arrest comes just a day before he was due to testify in front of the House Financial Services Committee, along with the company’s current CEO, John Ray III.
Posted inNation & World, News
Anger in rural areas fuel protests against Peru government
About 3,000 people gathered in the streets of Andahuaylas on Monday, to protest and to mourn and pay their respects before the white caskets of the young men who died over the weekend.
Posted inNation & World, News, Politics
Congress eyes 1 week of funding to avoid government shutdown
Republicans and Democrats are at odds mostly over how much should be allocated for non-defense spending in the next fiscal year.
Posted inNation & World, News
Zelensky again presses West for advanced weapons
The G-7 leaders supported Zelensky’s appeal, saying in a statement after their meeting that “Russia can end this war immediately by ceasing its attacks against Ukraine and completely and unconditionally withdrawing its forces from the territory of Ukraine.”
Posted inNation & World, News
Iran publicly executes man as a warning to protesters
The development underscores the speed at which Iran now carries out death sentences handed down for those detained in the demonstrations that the government hopes to put down.
Posted inNation & World, News
U.S. Supreme Court to resume issuing decisions in courtroom
For the past 2 years, the court has issued opinions exclusively on its website.
Posted inNation & World, News
Millions in central U.S. brace for snow, rain and floods
The National Weather Service warned that there would be ‘numerous, widespread, and impactful weather hazards in the heart of the country this week.’
Posted inNation & World, New England, News
Hiker who fell to death in New Hampshire had proper equipment
Joseph Eggleston, 53, fell 300 feet after tumbling from a cliff on the summit of Mount Willard in Crawford Notch.