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CNNW Early July 5, 2024

in kharkiv. they are blaming each other for serious deconstruction. what do we know about what happened and what is being done i guess to save lives and property here? reporter: the exact cause of a substantial explosion that destroyed this hydroelectric power dam that holds up the dnipro river remains under investigation. of course ukrainians say russian pre-mined it, in other words set explosives on that dam. and that the ukrainian side of the dam had been regularly subjected to shelling. rather the ukrainian bank. so that had been under russian control. but nonetheless 80 settlements the government here saying are being affected as this vast amount of water is unleashed. huge amount of the water of course that has been built up over the winter months, melt water building up the size of the dnipro river now being unleashed downstream, likely to affect kherson or parts, districts of the city recappturd by ukraine last year. but most of the flooding is likely to be to ....

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CNN Early Start With Christine Romans June 4, 2024 09:50:00

They can help you get started with your idea. call now 800-710-0020. your roman s numeral, 78. share the women in the workforce hitting an all-time high of nearly 78% in may. that includes women s ages 25 to 54. the increase may be due to the fact that hybrid work makes it possible for women to work an raise kids. and high inflation means more women are forced to go back to work. and markets mixed in asia and europe. on wall street, stock index futures down a bit. debate over whether the fed will pause rates at its upcoming meeting. regulators are suing binance of misusing customer funds. it is the world s biggest ....

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BBCNEWS Newsday June 4, 2024 00:15:00

Extradition could be heard on february the eighth. damian williams is the us attorney for the south district of new york. it s fair to say that this is one of the biggest financial frauds in american history. this investigation is very much ongoing, let s get more background now from our cyber reporter, joe tidy. sam bankman fried was the front man of his $32 billion ftx empire. nicknamed the king of crypto, he was one of the industry s biggest personalities. but since his empire collapsed leaving more than a million customers out of pocket, he has faced numerous accusations of misusing customer funds. now in custody in the bahamas, the us accuses him of, in their words, building a house of cards on a foundation of deception. in multiple interviews, most recently with the bbc last week, he admitted to mismanaging ftx. were you incompetent or were you fraudulent? i didn t knowingly commit fraud, i don t think i committed fraud. i didn t want any ....

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CNN Erin Burnett OutFront June 4, 2024 00:52:00

Founder sam bankman-fried remaining in the custody tonight because a judge denied his offer to pay a quarter million in cash bail, even though he said he had no money. the judge deeming him a flight risk. misusing customer funds and campaign finance violations. carlos suarez is outfront. this is one of the biggest financial frauds in american history. reporter: ftx founder and former ceo samuel bankman-fried appeared before a judge in the bahamas at his extradition hearing. he was arrested at his home in the bahamas monday night at the request of the u.s. government. from 2019 until earlier this year, bankman-freed used the money for his personal benefit, including to make personal expenses and cover debts of his ....

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BBCNEWS Newsday June 4, 2024 01:17:00

Sam bankman fried was the front man of his $32 billion ftx empire. nicknamed the king of crypto, he was one of the industry s biggest personalities. but since his empire collapsed, leaving more than a million customers out of pocket, he has faced numerous accusations of misusing customer funds. now in custody in the bahamas, the us accuses him of, in their words, building a house of cards on a foundation of deception. in multiple interviews, most recently with the bbc last week, he admitted to mismanaging ftx. were you incompetent or were you fraudulent? i didn t knowingly commit fraud, i don t think i committed fraud. i didn t want any of this to happen. i was certainly not nearly as competent as i thought i was. ftx was the second largest crypto exchange in the world. it allowed people to exchange their normal money pounds or dollars into bitcoin or any of the many other digital coins on offer. $10 billion was traded ....

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