FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison

The defense’s court filing was supplemented with letters from Bankman-Fried’s family members and various associates, testifying to his good character, remorse, and utilitarian ideals. “The public perception of Sam could not be further from the truth,” wrote Barbara Fried, his mother. “Being consigned to prison for decades will destroy Sam as surely as would hanging … Read more

Muji Europe to appoint administrators as UK high street struggles | Retail industry

The European arm of the Japanese clothing and homeware retailer Muji is to appoint administrators, in another gloomy signal for the UK’s struggling high street. The spokesperson for the retailer, which has six stores in London and one in Birmingham, said the move formed part of a “planned strategic restructuring of the business”, and that … Read more

Street Favourites! 6 largecap stocks with high analyst ratings that can deliver up to 35% returns – Top Bets

Bajaj Finserv. Share Price 1643.85 04:03 PM | 28 Mar 2024 61.20(3.87%) Grasim Industries. Share Price 2287.30 03:53 PM | 28 Mar 2024 79.96(3.63%) Hero MotoCorp. Share Price 4722.30 03:58 PM | 28 Mar 2024 149.75(3.28%) Bajaj Finance. Share Price 7245.25 03:59 PM | 28 Mar 2024 222.50(3.17%) Eicher Motors. Share Price 4019.30 03:58 PM … Read more

Sellafield nuclear waste dump to be prosecuted for alleged cybersecurity offences | Energy industry

The Sellafield nuclear waste dump is to be prosecuted for alleged information technology security offences, the industry watchdog has said. The Office for Nuclear Regulation (ONR) said on Thursday that it had notified the state-owned Cumbrian nuclear company that it would be prosecuted under industry security regulations. The prosecution follows the Guardian’s revelations last year … Read more

Many people and companies have made millions on Trump media’s stock

Shares of former President Donald Trump’s social media company continued to surge Wednesday, extending the gains on its first official trading session on the Nasdaq the day before. After another double-digit percentage gain, the parent of Truth Social approached $9 billion in market value, a windfall for insiders awarded shares in the company. The biggest … Read more

Tech View: Nifty forms long wick candle. What should traders do on Monday

Nifty on Thursday ended 203 points higher to form a reasonable bull candle with a long upper shadow on the daily chart, reflecting selling pressure near all-time highs around 22,500 levels. The near-term uptrend of the Nifty remains intact with high volatility. The next upside levels to be watched are around 22,500-22,600 in the next … Read more

Sam Bankman-Fried to be sentenced for multibillion-dollar crypto fraud – live | Sam Bankman-Fried

Sam Bankman-Fried to be sentenced in Manhattan federal court, faces over 100 years in prison Sam Bankman-Fried, once the CEO of FTX and a billionaire wunderkind of the cryptocurrency world, will be sentenced to prison Thursday morning in New York City. He was convicted on seven counts of wire fraud and conspiracy to launder money … Read more