SBF verdict: Guilty — Guilty: Sam Bankman-Fried convicted on all counts after monthlong trial Bankman-Fried convicted on seven charges, faces maximum sentence of 110 years. Jon Brodkin – Nov 2, 2023 11:57 pm UTC Enlarge / Sam Bankman-Fried leaves court in New York on Thursday, Feb. 16, 2023. Getty Images | Bloomberg reader comments 202
Loading… Loading… Loading… John Bartleman,President and CEO and a member of the Board of Directors of TradeStation Group Inc. will be speaking at the upcomingBenzinga Fintech Deal Day & Awards. Mark Nov. 13 on your calendar for the must-attend gathering in the fintech industry! With the perfect storm of geopolitical events and economic uncertainty, heightened
Loading… Loading… Loading… Paypal has a projected earnings of $1.16 per share this week. PayPal's stock has significantly declined by 28% this year, with a notable 13% drop in October alone. Apple Inc's AAPL presence in the payment industry may be contributing to the difficulties that PayPal Holdings Inc PYPL is currently experiencing with its
Ukraine’s commander-in-chief has acknowledged that a five-month-long counteroffensive has largely failed to recapture territory lost to Russia’s invasion. General Valery Zaluzhny compared the impasse to battles during World War I in which vast numbers of troops were killed retaking small patches of territory in brutal trench warfare. His comments came as Ukraine’s military reported Russian
President Biden has publicly voiced support for a humanitarian pause to Israel’s assault in Gaza for the first time. Biden’s comment came during a campaign fundraiser in Minneapolis after a local rabbi named Jessica Rosenberg of Jewish Voice for Peace interrupted his speech to donors.
Lebanese media is reporting two shepherds who had been shot at by Israeli forces have been found dead of gunshot wounds near Lebanon’s southern border. The reported killings came as Israeli forces continue to trade cross-border fire with the Lebanese armed group Hezbollah, which claimed Thursday it shot down an Israeli drone for the second
Loading… Loading… Loading… Payment services provider Dwolla expanded its latest solution Dwolla Connect through its integration with the open finance ecosystem. It will assist clients in securely transferring open finance data to the Dwolla platform and develop new capabilities like bank verification through trusted third-party providers like MX, Plaid, Finicity (Mastercards U.S. open banking arm),
Loading… Loading… Loading… Online payment platform company, PayPal Holdings Inc PYPL is reporting its third-quarter earnings after market close on Wednesday. California-based PayPal is one of the most recognized and widely used online payment systems globally. It provides a convenient and secure way for people and businesses to make payments and money transfers over the
Flying high — After leading NASAs mission to Pluto, Alan Stern flies to space himself Virgin Galactic is finally settling into a routine after years of delays. Stephen Clark – Nov 3, 2023 12:13 am UTC Enlarge / The view of Earth’s curved horizon from Virgin Galactic’s SpaceShipTwo rocketplane.Virgin Galactic reader comments 16 with It’s
Capri in the 1950s was a hot spot for glitterati in search of la dolce vita. The small island off Italy’s Amalfi Coast drew jet-setters, royals and Hollywood stars with its turquoise waters, steep sea cliffs and exclusivity. Considered one of the world’s first resorts―Emperor Augustus made the isle his private retreat in 29 B.C.―the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX founder Sam Bankman-Fried was convicted of fraud and money laundering by a New York jury in a landmark criminal verdict that is likely to condemn the former crypto tycoon to decades in prison and
Visa completes Hong Kong digital currency trial with HSBC and Hang Seng Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful phase 1 results in collaboration with Visa, HSBC and Hang Seng Bank. According to a Nov. 1 announcement, Visa said that it achieved “near
Ivanka Trump David A. Grogan | CNBC Ivanka Trump asked a New York appeals court to pause the $250 million fraud trial of her family and its business empire as she appeals a judge‘s order requiring her to testify in the case next week. The request to stay the entire trial came at the tail
A Pennsylvania company that operates three nursing homes is in default, and it’s a familiar story: staff shortages and a large slump in occupancy in the aftermath of the pandemic. Senior Choice Inc. failed to make interest and principal payments due Oct. 31 on its $15.9 million bond issued in 2006 by the Cambria County
This week Bitcoin (BTC) price came within a hair of the $36,000 mark, before abruptly reversing course and correcting to $34,250. After a near 30% run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catalysts for the
The trial in Dominion v. Fox News, which has already resulted in bombshell revelations about the right-wing media giant and the 2020 election, is scheduled to begin Tuesday. Unless a settlement is reached, a jury will determine whether Fox is financially liable for broadcasting and promoting false claims about Dominion Voting Systems voting machines rigging
Loading… Loading… Loading… Bob Elliott is co-founder, CEO and chief investment officer at Unlimited, a fintech company specializing in building products that replicate the index returns of alternative investments. Before founding Unlimited, Elliott was a chief business officer of the healthcare company Roviant Sciences. Elliott spent most of his career at Bridgewater Associates, rising from
Loading… Loading… Loading… With the year 2023 almost at its end, the crypto, digital assetand AI space has seen some major changes in terms of regulations and operations. Whilethe global crypto space is awaiting the potential approval of a spot Bitcoin ETF, President Joe Biden signed an executive order on artificial intelligence on Monday, aiming
Loading… Loading… Loading… Paypal has a projected earnings of $1.16 per share this week. PayPal's stock has significantly declined by 28% this year, with a notable 13% drop in October alone. Apple Inc's AAPL presence in the payment industry may be contributing to the difficulties that PayPal Holdings Inc PYPL is currently experiencing with its
Loading… Loading… Loading… Mark Your Calendars for Fintechs D-Day: Nov. 13, Benzingas Award Ceremony in NYC Awaits! Benzinga, the leading financial media company for next-generation investors, today announced the finalists for its 9th annual Fintech Deal Day Awards, recognizing innovation across over 40 categories in the fintech industry. The winners will be unveiled at the