City Manhattan Financial News

06.09 / 06:53
FTX DOJ Fried Sam DOJ Claims Sam Bankman-Fried Has Sufficient Access to Laptop in Response to Jail Release Request
The US Department of Justice (DOJ) has claimed that Sam Bankman-Fried, the disgraced founder of now-defunct crypto exchange FTX, has sufficient access to a laptop computer for his defense.
02.09 / 19:49
Ripple regulation Ripple vs. SEC Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security
Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public. 
31.08 / 13:13
Reuters CEO Tesla TSLA WSJ performer Federal prosecutors investigate Tesla performance claims
The Wall Street Journal reported Wednesday that federal prosecutors are looking into Tesla’s (NASDAQ:TSLA) vehicle performance claims following a July story by Reuters outlining the electric automaker’s scheme to exaggerate the potential driving distance of its vehicles.
31.08 / 06:23
Provident Google MDC Fried FTX fraud Sam Sam Bankman-Fried could have FTX fraud trial delayed
Sam Bankman-Fried's Oct. 3 criminal fraud trial, after the jailed FTX founder's lawyers complained he did not have enough time to review millions of pages of evidence to help build his case. U.S.
31.08 / 05:21
Reuters Man SEC Tesla stage elon US agencies probing Tesla's use of funds for secret 'glass house' for Elon Musk
Tesla's use of company funds on a secret project described internally as a house for Chief Executive Elon Musk, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Neither Musk nor a spokesman for the U.S. Attorney's office in Manhattan, which the Journal said was carrying out the probe, immediately responded to requests for comment.
28.08 / 18:41
UPS FIVE Racing Trump Donald Trump faces up to 6 trials ahead of presidential poll
Donald Trump’s legal woes are mounting just as the race for the 2024 presidential election heats up. The former president, who’s campaigning for another term in the White House, potentially faces as many as six criminal and civil cases in the next year, including lawsuits against him, his family and companies.
28.08 / 17:51
UPS FIVE Fulton star cover Trump Factbox-Key dates on Trump's overlapping legal and political calendars
(Reuters) — Former U.S. President Donald Trump faces a tangled calendar in the year ahead as he seeks the 2024 Republican nomination while trying to fend off four criminal and three civil trials, some related to his attempts to overturn his 2020 loss.
24.08 / 01:27
Cooper JPMorgan Action Chase UBS Four major banks settle stock-lending suit
Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co. and UBS agreed to pay nearly $500 million to settle an antitrust class action by U.S. pension funds over the banks’ control of the market for stock loans used for hedging and short selling.
22.08 / 15:13
FTX Fried Sam NOT Sam Bankman-Fried Pleads Not Guilty to Latest Fraud and Conspiracy Charges
FTX founder Sam Bankman-Fried has entered a not guilty plea in Manhattan federal court in response to a new indictment that alleges charges of fraud and conspiracy. 
22.08 / 10:19
FIVE Fried Sam Jailed FTX founder Sam Bankman-Fried to return to court for new plea
Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency exchange FTX, is due back in court on Tuesday for the first time since a US judge revoked his bail and sent him to jail, and is expected to plead not guilty to a new indictment alleging fraud and conspiracy charges. The 31-year-old former billionaire has been behind bars since Aug. 11, when US District Judge Lewis Kaplan in Manhattan revoked his bail for allegedly tampering with witnesses at least twice.
19.08 / 09:13
Provident Aware Action FTX MDC Jail Fried Sam FTX Co-Founder Sam Bankman-Fried Appeals for Temporary Jail Release
FTX co-founder Sam Bankman-Fried is seeking temporary release from jail in order to work on his defense with his lawyers at the federal courthouse in Manhattan. 
19.08 / 04:23
UPS Fox Fulton Trump week Donald Trump likely to surrender next week in Georgia indictment case: Report
Donald Trump and several allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It's the fourth criminal case to be brought against the former president and the second to allege that he tried to subvert the results of the vote.
18.08 / 14:21
UPS NYSE SoftBank country WeWork in last-ditch attempt to save NYSE listing
WeWork the troubled co-working company on the brink of collapse, is moving forward with a 1-for-40 reverse stock split in a bid to save its listing on the New York Stock Exchange.
18.08 / 02:09
UPS country Chinese real estate giant Evergrande files for bankruptcy
China Evergrande, which is the world's most heavily indebted property developer and became the poster child for China's property crisis, on Thursday filed for protection from creditors in a US bankruptcy court. The company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings from creditors that hope to sue them or tie up assets in the United States. An affiliate, Tianji Holdings, also sought Chapter 15 protection on Thursday in Manhattan bankruptcy court.
17.08 / 22:41
UPS country China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
By Jonathan Stempel, Dietrich Knauth and Manya Saini

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