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criminal justice system is a laughing stock. >> elon musk is threatening to walk away from his bid to buy bitter. >> saying that twitter breached the contract when it didn't provide accurate information. >> seven states holding primary elections today. >> economy and foreign gas prices weigh heavy on voters' minds as republicans look to make big in november. ♪ ♪ ♪ >> steve: i think we would all rather be at the beach. 6:01 inside new jersey going for a daytime high of 72. absolutely beautiful. 14 days until summer, folks. we know a lot of folks are out and about. so seaside hei...

missed doings about a year ago, including stealing as much as $10 million from his own customers. more now from new york. sam bankman—fried was a towering figure in crypto. a self—made entrepreneur who promised that his ftx crypto exchange was the safe and easy way to get into crypto currencies. his businesses brought him great wealth. at one point he was worth $26 billion, and propelled him into an a—list social network of celebrities, some of whom he paid to endorse ftx.- celebrities, some of whom he paid to endorse ftx. with ftx i have everything _ paid to endorse ftx. with ...

"one of the biggest financial frauds in american history" — that's how a new york prosecutor described the actions of sam bankman—fried, the former cryptocurrency boss, who, in the last few hours, has been convicted of defrauding investors. as you've been hearing, mr bankman—fried was arrested a year ago, when his cryptocurrency exchange, ftx, and his investment fund, alameda research, went bankrupt. prosecutors said he had used money stolen from ftx customers to prop up alameda and to fund his lavish lifestyle. after a month—long trial, a jury agreed. late on thursday, they ...

thenjust 4.5 hour top deliberations, a jury convicted sam bankman—fried of fraud and conspiracy charges, likely dealing him are lifetime prison sentence. a warning was given at all would—be fraudsters that could be hurt as the particular warning for other fraudsters operating in the crypto sector. it fraudsters operating in the crypto sector. , ., fraudsters operating in the crypto sector. , . . fraudsters operating in the crypto sector. , ., ., ., sector. it is also a message, a warnin: sector. it is also a message, a warning this — sector. it is also a message, a warning this...