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Transcripts For BBCNEWS World 20240702

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 found him guilty of all seven counts of fraud and conspiracy. as the bbc s erin delmore explains, the collapse of ftx and the crimes of bankman fried are posing all kinds of uncomfortable questions for the crypto industry. after more than four weeks in court, thenjust four and after more than four weeks in court, then just four and a half hours of deliberations, a jury half hours of deliberations, a ....

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Transcripts For BBCNEWS World 20240702

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 case, sector. it is also a message, a warning this case, to - sector. it is also a message, a warning this case, to every - sector. it is also a message, a i warning this case, to every single fraudster out there who thinks that they are untouchable, or that their crimes are too complex for us to catch. or that they are too powerful for us to prosecute. or that they could try to talk their way ....

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Transcripts For BBCNEWS BBC 20240702

it comes as seven un mandated human rights experts have said that they believe that the palestinians in gaza are at grave risk of genocide, and that time is running out to prevent this. the special rapporteurs alleged that israel was planning to decimate the gaza strip. joe inwood reports. israel says it has gaza city surrounded. its ground forces, supported by heavy armour, are pushing into the crowded, urban centre of the strip. but no one thinks this will be quick or easy. they are on hamas s territory. the group put out their own footage, showing an attack on an israeli tank. they said they would make gaza a curse of the place for israel. cursed place of israel. caught in the middle are ordinary palestinians. the un human office has said so many civilians have been killed and wounded in israeli air strikes, it has serious concerns that these are disproportionate attacks that could be war crimes. israel blames hamas. designated terrorists by many governments, in ....

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Transcripts For BBCNEWS BBC 20240702

of a wider conflict. it s mr blinken s second visit since the war began. he s thought to be talking to israeli officials about how to pursue their military and security goals in gaza while limiting civilian casualties. meanwhile, the israeli military says its ongoing ground offensive has now completed the encirclement of gaza city , the most densely populated part of the palestinian territory before the war began last month. the israel defense forces says close quarter combat has seen fighting with gunmen as they target outposts, headquarters and other hamas infrastructure. with the fighting intensifying there s been strongly worded criticism of the humanitarian situation emerging from the united nations. seven human rights experts have said that they believe that the palestinian people in gaza are at risk of genocide, and that time is running out to prevent this. israel accused them of repeating hamas propaganda. and people across the region are waiting to hear from t ....

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