Sam Bankman-Fried’s lawyers say proposed 50 year sentence portrays him as ‘super villain’
Sam Bankman Freed is not a “nefarious person,” his lawyers argued this week, but dismissed federal prosecutors’ request to release the crypto criminal for 40 to 50 years, citing “trajectories of hostility.” . Lawyers for Bankman Fried, who was convicted in November of stealing $8 billion from customers of the now-defunct cryptocurrency exchange FTX, said […]
Proposed TikTok ban is an affront to economic and personal freedom
Congress believes it is threatening TikTok and its parent company ByteDance with laws that protect Americans from regulatory applications by foreign adversaries. But in reality, Congress is threatening America’s standing in the world as a safe haven for investment and innovation. The bill would require TikTok’s parent company, ByteDance, to sell to the United States […]
Brooklyn residents protest proposed men-only homeless shelter in their neighborhood: ‘It’s going to be a war’
Rally against homeless shelter in Bensonhurst Hundreds of people occupied the intersection of 25th Street and 86th Street in Bensonhurst, Brooklyn, on Saturday afternoon, blocking the opening of a homeless shelter, per FOX 5. Hundreds of people flooded the streets of Brooklyn this weekend to protest the establishment of a men-only homeless shelter. Residents, politicians, […]
Chinese battery firm sues Michigan town for attempt to block proposed plant
A Chinese battery company filed a lawsuit Friday against a Michigan township. try to block The plant proposed by the company is detroit news report. Silicon Valley-based Goshon Corp. plans to invest $2.4 billion to build an electric vehicle battery parts factory in Green Charter Township. The town’s previous board approved the water line needed […]
Sanders gets heated in exchange with Fox Business reporter over proposed 32-hour workweek
Sen. Bernie Sanders (I-Vt.) was furious when a Fox Business reporter asked him about a bill that would create a 32-hour work week. “Can we talk about the 32-hour work week?” FOX Business reporter Hilary Vaughn asked Sanders, who then asked which media outlet he worked for. Additionally, Vaughn said Democrats appear to want to […]
Proposed CA legislation would ban fake gunfire, require advanced notification in active-shooter drills
A bill proposed Tuesday would ban fake shots from active shooter drills in California public schools and require schools to notify students, teachers and parents in advance if a drill is planned. It is also mandatory to do so. The measure was introduced by Democratic Rep. Chris Ward, who argued that some school districts are […]
Rand Paul: Proposed TikTok ban ‘makes no sense’
Sen. Rand Paul (R-Ky.) said Tuesday that the proposed ban on TikTok “makes no sense” ahead of a scheduled vote in the full House on Wednesday. In an interview on NewsNation’s “The Hill,” Paul said TikTok’s ban is similar to measures adopted by the Chinese government, the very threat such a ban purports to protect […]
Albany Dems want to scrap Hochul’s proposed education cuts, raise taxes on high earners
Democrats in the state Legislature want to reverse Gov. Kathy Hochul’s education funding cuts and accept part of a deal to encourage more housing as part of state budget negotiations. The state Senate’s sweeping budget proposal, released late Monday night, would be funded by higher taxes on New Yorkers’ earnings of $5 million or more […]
Kevin O’Leary offers to buy TikTok and turn it into a ‘new American company’ if proposed ban advances
‘Shark Tank’ investor Kevin O’Leary talks about House bill that would force TikTok to sever ties with China As lawmakers vote on whether to take legislative action against the Chinese-owned app TikTok, one of America’s most influential entrepreneurs plans to buy the platform and host it on U.S. soil. proposed. “If this order goes through, […]
Coinbase Met With SEC Over Grayscale's Proposed Ethereum ETF – Decrypt
America’s largest cryptocurrency exchange met with the Securities and Exchange Commission last week over Grayscale’s proposed Spot Ethereum (ETH) exchange-traded fund. Publicly traded Coinbase made a presentation to Wall Street’s top regulator where it discussed Grayscale’s proposed product, according to a document filed Wednesday by the regulator. show. In October, crypto fund manager Grayscale filed […]