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FOXNEWS Americas Newsroom June 4, 2024 14:22:00

Alameda research and 29 young yang. how will their pleas bolster the case against mr. fried. they will sell him up the river because he is the big fish here and his tentacles went everywhere into the entertainment industry and sports world an especially our political world. the story broke 2 or 3 days after the mid-term elections. after all of that cash had been laundered through the system and sent different places and houses were bought and campaigns were funded and consultants got their cash and the democrats won because he was the second largest donor to the democrats, then this story collapses. this guy is in a lot of trouble. clearly they will cut deals to make sure that he goes away and they will get lesser sentences. that s how the whole operation works. julie: these three were tight. it makes it more interesting for me. mr. wang, ms. ellison weren t ....

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MSNBC MSNBC Reports June 4, 2024 19:44:00

And what is this sending, what signal is this sending to investors who lost everything? yeah, i am a bit surprised at the bail, but however, $250 million is a lot of money, it puts his parents entirely at risk, given that they put up the collateral for that bail. so to an extent, and there are rather large deterrents for him attempting to flee because he can t do because he doesn t have a passport and can only travel in the confines of california around his parent s home and wearing an ankle monitor as well. so the flight risk is probably somewhat greatly diminished here but this is a scandal that may well be twice the size of enron, and somewhere in the neighborhood of $50 billion in liabilities, and as many as a million different creditors. so it is large. but i suspect he s not going anywhere, given the magnitude of this. and the cooperation as you mentioned, of ellison and wang, both of whom he lived with in the bahamas and have intimate knowledge of the operations both at ftx an ....

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MSNBC The Katie Phang Show June 4, 2024 12:05:00

Committee has said, is they are looking at all of them. they have taken a look at all of that evidence, all of those individuals. chairman thompson was specifically asked about members of congress who took part in this effort to overturn the election. who were in oval office, corresponding to some of the folks who dreamed up this idea of trying to overturn the election on january six. he said there possibly could be ethics referrals, meaning the house ethics committee would be asked to take a look at some of those individual republican lawmakers who took part in that broader effort. we are waiting on pins and needles, like everyone else, to see who they move forward with. nbc news, congressional reporter, scott. wang thank you so much for joining us this morning. i appreciate it. thank you. we are minutes from, frankly, ....

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