Aug 4, 2024; Villeneuve-d’Ascq, France; United States centre Brittney Griner (15) celebrates with teammates after defeating Germany in a women’s group C game during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy. Mandatory Credit: John David Mercer-USA TODAY Sports PARIS — When she was in a Russian penal colony, Brittney Griner was not sure…
Team USA Diana Taurasi (L) and Brittney Griner listen to the national anthem during the WNBA All-Star Game at Footprint Center in Phoenix on July 20, 2024. PARIS — Brittney Griner’s “unprecedented” journey back to the Olympic Games less than two years after she was released from a Russian prison in a saga that rocked…
Ryan Salame, a top executive at the collapsed cryptocurrency exchange FTX, was sentenced to seven and a half years in prison on Tuesday, making him the first of Sam Bankman-Fried’s circle of advisers at FTX to receive prison time. Mr. Salame, 30, a trusted lieutenant of Mr. Bankman-Fried, the exchange’s founder, pleaded guilty last year…
He enjoyed a home-cooked dinner in Montana with a former U.S. senator. He visited Telluride, Colo., and Moab, Utah, a vacation spot known for its national parks. And he chatted about start-ups with Sam Altman, the chief executive of OpenAI. After pleading guilty to a money-laundering violation in November, Changpeng Zhao, the founder of the…
Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, should go to prison for three years after breaking the law “on an unprecedented scale” and pleading guilty to a money laundering violation, federal prosecutors wrote in a court filing on Wednesday. Defense lawyers countered in their own memo that Mr. Zhao, 47, should receive…
Another start-up founder is going to prison for overstating his company’s performance to investors. Manish Lachwani, who last year pleaded guilty to three counts of defrauding investors at his software start-up, HeadSpin, was sentenced to one and a half years in prison on Friday. He will also pay a fine of $1 million. Government prosecutors…
When he flew to Nigeria for a business trip in late February, Tigran Gambaryan, a top compliance officer at the cryptocurrency exchange Binance, packed a small suitcase with just enough clothes for two days. A former U.S. law enforcement agent, Mr. Gambaryan knew the trip was risky. Only a few weeks earlier, he and a…
Sam Bankman-Fried, the former cryptocurrency mogul who was convicted of fraud, was sentenced to 25 years in prison on Thursday, capping an extraordinary saga that upended the multi-trillion-dollar crypto industry and became a cautionary tale of greed and hubris. Mr. Bankman-Fried’s sentence was shorter than the 40 to 50 years that federal prosecutors had recommended,…
