City Brooklyn Financial News

A former inmate at the Brooklyn Metropolitan Detention Center has revealed details of Bankman-Fried’s life in prison leading up to his landmark fraud trial.

WWE crushed its social media record over the Thanksgiving holiday weekend, with the return of wrestler CM Punk at Survivor Series garnering more than 71 million views across all of the sports entertainment company’s platforms

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The trial of Avraham Eisenberg, the individual accused of exploiting Mango Markets, has been delayed per request by his lawyers.

Lawyers representing the $116 million Mango Markets exploiter have convinced a judge to postpone the fraud trial until April 8, 2023.

Sam Bankman-Fried is back in his federal prison cell in Brooklyn after being found guilty for all seven charges in his criminal trial. His lawyers however, say the fight isn’t yet over.

Montreal were arrested in New York City Monday for allegedly conspiring to illegally ship $13.9 million worth of restricted technology to the Russian military.Some of the components that the Montrealers obtained through front companies later ended up in advanced Russian weapons systems and spying equipment found on battlefields in Ukraine, according to Breon Peace, the United States Attorney for the Eastern District of New York.Peace unsealed a criminal complaint that identified the two Montrealers who were charged in the case as Nikolay Goltsev, 37, and Kristina Puzyreva, 32.A third Russian man, Salimdzhon Nasriddinov from New York, was also charged.“These defendants are alleged to have illegally exported millions of dollars in electronics to support the Kremlin in its ongoing attacks of Ukraine,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations in New York.The charges follow a major probe by the Department of Homeland Security, the Federal Bureau of Investigation, U.S.

By Jonathan Stempel

New York cops this week arrested and charged a 26-year-old for committing a hate crime against a Sikh teenager. According to reports, the man — identified as Christopher Philippeaux — attacked the victim on a New York City MTA bus.

By Sharon Bernstein

By Jonathan Stempel

A series of unpublished tweets belonging to FTX founder Sam Bankman-Fried have revealed insights into his mental health and prescribed medication. 

Dumb Money, the new movie about the YouTuber who drove the GameStop short squeeze in January 2021, is set for its wide-release debut next weekend. Craig Gillespie's movie stars actor and comedian Pete Davidson, alongside Paul Dano, Shailene Woodley, America Ferrera, and Seth Rogan.

AFP, At LaGuardia Airport, one of its terminals had to be shut down due to the flooding. Social media photos depicted passengers wading through water that reached well above their shoe tops. Mayor Eric Adams advised residents to stay indoors as the streets were impassable and subway stations were inundated with water.

Kathy Hochul has declared a state of emergency across New York City, Long Island, and surrounding area after torrential storms flooded subways and streets and delayed flights. Ophelia's remnants soaked New York City with heavy rain early Friday, and caused flash flooding in parts of the city, Xinhua news agency reported. A flood watch is in effect through 6 a.m. Saturday for the entire tri-state — New York, New Jersey and Connecticut, with rainfall rates of one to two inches per hour expected at times. Strong storms have shut down swaths of the Big Apple's subway system, flooded some streets and highways, and cut off access to at least one terminal at the LaGuardia Airport. A number of subway lines were suspended Friday morning with other lines suspending service through flooded stations, especially in Brooklyn. «There is only extremely limited subway service available because of heavy flooding.

In response to the situation, New York Governor Kathy Hochul declared a state of emergency encompassing New York City, Long Island, and the Hudson Valley. Mayor Eric Adams also issued a separate state of emergency declaration for New York City.

By Jonathan Allen and Brendan O'Brien

NEW YORK (Reuters) — Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from jail during his fraud trial starting next week.

A federal judge has granted a motion from the legal team for Sam Bankman-Fried (SBF) allowing the former FTX CEO to wear business attire during his first criminal trial.

A three-judge panel from the United States Court of Appeals for the Second Circuit has reportedly taken arguments from lawyers representing former FTX CEO Sam Bankman-Fried (SBF) under advisement in considering releasing him from jail prior to his October trial.