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FTX to Start Next Round of Creditor Repayments on Sept. 30
FTX to Start Next Round of Creditor Repayments on Sept. 30

Yahoo

time44 minutes ago

  • Business
  • Yahoo

FTX to Start Next Round of Creditor Repayments on Sept. 30

FTX, the once prominent crypto exchange, will begin the next round of cash redistribution on Sept. 30, the bankrupt firm said in a statement on Wednesday. The firm, which was led by founder Sam Bankman-Fried, started paying back its creditors earlier this year. FTX has repaid nearly $6.2 billion after getting approval for its redistribution plan by the U.S. bankruptcy court. The former crypto giant used to be a mainstay in the digital asset ecosystem till a CoinDesk expose in 2022 resulted in the downfall of Sam Bankman-Fried's empire. In 2023, Bankman-Fried was convicted on seven counts of fraud and conspiracy, and sentenced to 25 years in prison for orchestrating the $11 billion fraud. Although, according to a report, his sentence could be cut by 4 years due to "good conduct." FTX said that it has received court approval to reduce its disputed claim reserve to $4.3 billion from $6.5 billion. The exchange will distribute the cash through BitGo, Kraken, and in to access your portfolio

Insane amount of CCTV footage in Joshua Bishop murder case
Insane amount of CCTV footage in Joshua Bishop murder case

News.com.au

timean hour ago

  • News.com.au

Insane amount of CCTV footage in Joshua Bishop murder case

The body of missing man Joshua Bishop was allegedly found in a garage used as the bedroom of the man accused of his murder, a court has been told. Brandon Watts, 27, was charged with murder after human remains were found at a home on Erinbank Crescent in Melbourne's northwest in June following an investigation into Mr Bishop's disappearance. Mr Watts appeared in Melbourne Magistrates Court on Wednesday as police requested more time to prepare a hand-up brief of evidence. Prosecutor Sharn-Adelle Coombes told the court police were requesting an additional 10 weeks to review CCTV footage – including one clip more than 300 hours long – from more than 42 sites. Detective Acting Sergeant Charles Thompson said 13 mobile phones had also been seized from a variety of witnesses. Mr Watts' lawyer Martin Amad questioned Sergeant Thompson about an affidavit by lead investigator Detective Senior Constable Rebecca Cameron in support of the extension. 'It is mentioned in the affidavit of Ms Cameron that investigators located the deceased in the garage which is used exclusively by Mr Watts as his bedroom,' he said. 'Do you know what the evidence is that the garage was used exclusively by him?' Sergeant Thompson responded saying he believes Mr Watts' mother had made a statement. The extension for an additional 10 weeks was granted by magistrate Michelle Mykytowycz, with police now required to hand over their case on October 6. 'Having regard to the affidavit and the forensic material that has been referenced in the affidavit, it would be clearly in Mr Watts' interest that all of that is disclosed prior to the committal mention,' Ms Mykytowycz said. Mr Watts will return to court on November 17.

Mpho Mafole murder accused Thabani Ntshalintshali to remain in custody
Mpho Mafole murder accused Thabani Ntshalintshali to remain in custody

The Herald

time3 hours ago

  • The Herald

Mpho Mafole murder accused Thabani Ntshalintshali to remain in custody

Thabani Goodwill Ntshalintshali appeared briefly in the Kempton Park magistrate's court on Wednesday in connection with the murder of City of Ekurhuleni senior auditor Mpho Mafole. The case of Ntshalintshali, 40, who has been charged with murder, was postponed until August 15 for further investigation. 'The state alleges that on June 30 in Kempton Park, the deceased was allegedly followed after attending a work-related meeting on the day of the incident. He was shot and declared dead at the scene,' National Prosecuting Authority spokesperson Phindi Mjonondwane said.

Man accused of attempting to assassinate Trump returns to court and hopes to represent himself
Man accused of attempting to assassinate Trump returns to court and hopes to represent himself

The Independent

time4 hours ago

  • Politics
  • The Independent

Man accused of attempting to assassinate Trump returns to court and hopes to represent himself

A man charged with attempting to assassinate President Donald Trump last year at his Florida golf course will return to court Thursday to once again explain why he wants to fire his court-appointed lawyers and represent himself. Ryan Routh previously made the request earlier this month during a hearing in Fort Pierce before U.S. District Court Judge Aileen Cannon. She did not rule during the hearing but said she would issue a written order later. But now Routh, 59, is set to be back in front of Cannon, a day after his court-appointed federal public defenders asked to be taken off the case. Routh is scheduled to stand trial in September, a year after prosecutors say a U.S. Secret Service agent thwarted his attempt to shoot Trump as he played golf. Routh has pleaded not guilty to charges of attempting to assassinate a major presidential candidate, assaulting a federal officer and several firearm violations. The judge told Routh earlier this month that she doesn't intend to delay the Sept. 8 start date of his trial, even if she lets him represent himself. Routh, who has described the extent of his education as two years of college after earning his GED certificate, told Cannon that he understood and would be ready. In a June 29 letter to Cannon, Routh said that he and his attorneys were "a million miles apart" and that they were refusing to answer his questions. He also suggested in the same letter that he could be used in a prisoner exchange with Iran, China, North Korea or Russia. 'I could die being of some use and save all this court mess, but no one acts; perhaps you have the power to trade me away,' Routh wrote. On Wednesday, the federal public defender's office filed a motion for termination of appointment of counsel, claiming that 'the attorney-client relationship is irreconcilably broken.' Attorneys said Routh refused to meet with them for a scheduled in-person meeting Tuesday morning at the federal detention center in Miami. They said Routh has refused six attempts to meet with their team. 'It is clear that Mr. Routh wishes to represent himself, and he is within his Constitutional rights to make such a demand,' the motion said. The U.S. Supreme Court has held that criminal defendants have a right to represent themselves in court proceedings, as long as they can show a judge they are competent to waive their right to be defended by an attorney. Prosecutors have said Routh methodically plotted to kill Trump for weeks before aiming a rifle through the shrubbery as Trump played golf on Sept. 15 at his West Palm Beach country club. A Secret Service agent spotted Routh before Trump came into view. Routh allegedly aimed his rifle at the agent, who opened fire, causing Routh to drop his weapon and flee without firing a shot. Law enforcement obtained help from a witness who prosecutors said informed officers that he saw a person fleeing. The witness was then flown in a police helicopter to a nearby interstate where Routh was arrested, and the witnesses confirmed it was the person he had seen, prosecutors have said. Routh has another, unrelated hearing in Cannon's courtroom scheduled for Friday on the admissibility of certain evidence and testimony that can be used for the trial. In addition to the federal charges, Routh also has pleaded not guilty to state charges of terrorism and attempted murder.

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