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Former crypto star Sam Bankman-Fried faces US trial
Sam Bankman-Fried, once the most respected face of crypto currency, goes on trial Tuesday in federal court facing seven counts of fraud that could see him spend decades in prison. Pending the trial, Bankman-Fried was placed under house arrest at the Silicon Valley home of his parents, both professors at Stanford University.
Sam Bankman-Fried, the fallen wunderkind of cryptocurrency
He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector. The young man known as SBF would charm US lawmakers with his straight talk and vision of crypto's future, including an extensive regulatory regime -- a position at odds with many in the sector.
'They put a price on everything': extortion hits Mexican economy
Plots of land lie empty among lime and banana plantations in one of Mexico's most violent regions -- abandoned by their owners due to widespread extortion squeezing Latin America's second-largest economy. Despite the risks, the farmer said that he had no intention to leave his land.
US anti-discrimination agency sues Tesla over 'pervasive' racism
A federal anti-discrimination agency filed a lawsuit Thursday accusing Elon Musk's Tesla of allowing "pervasive" racism at its Silicon Valley car plant and retaliating against Black workers who opposed such abuse.
NY judge says pay raise for delivery workers can go ahead
Three big companies in the gig economy -- Uber, Doordash and Grubhub -- lost a court battle Thursday in New York after a judge upheld a new minimum wage for app-based food delivery workers who became essential during the pandemic. The new minimum wage is supposed to go up to $20 an hour by 2025 for the city's 60,000 app-based food delivery workers.
Gogo Maweni and her husband Sabelo Magube take over the Gucci store in Hong Kong, Mzansi unimpressed
Gogo Maweni and her husband Sabelo Magube are living it up in Hong Kong, China. She shared a new video where they visited the Gucci store but SA was unimpressed.
Frenchman charged with cybercrimes pleads guilty in US court
A 22-year-old Frenchman who was extradited to the United States from Morocco and charged with cybercrimes has pleaded guilty to conspiracy to commit wire fraud and identity theft, officials said. As part of a plea deal, Raoult pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft.
US government readies for imminent shutdown
The US government has begun to inform workers of an impending shutdown that could see millions of federal employees and military personnel sent home or working without pay, unless Congress reaches a last-ditch deal.
Swiss indict daughter of late Uzbek leader in corruption case
Gulnara Karimova, the daughter of Uzbekistan's former president, was on Thursday indicted in Switzerland in a vast case of corruption, fraud and organised crime, prosecutors said. While prosecutors say Karimova was in overall charge of "The Office", they also indicted the head of the Uzbek branch of a Russian telecommunications company.
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