Wednesday , February 21 2024

Tag Archives: lawsuits

Shamed ‘Crypto King’ Sam Bankman-Fried’s celebrity boosters: How Tom Brady, Gisele and Naomi Osaka were among VIPS to cash in on $1bn FTX publicity binge – with some now facing lawsuits of their own after fraudster’s conviction

Sam Bankman-Fried, the Crypto King, was convicted of seven counts of fraud and conspiracy on Thursday night, after the jury deliberated for just a few hours. Despite the conviction, the legal troubles for those involved in FTX are far from over.    Bankman-Fried’s empire was built with the help of a …

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Hawaiian Electric stock is cut to JUNK status by S&P after lawsuits allege it caused deadly Maui wildfires by failing to shut off power to downed lines

Hawaiian Electric stock is cut to JUNK status by S&P after lawsuits allege it caused deadly Maui wildfires by failing to shut off power to downed lines The utility company, which provides power to 95 percent of Hawaii residents, is accused is lawsuits of causing wildfires which have killed nearly …

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