Latest Lewis A. Kaplan News

Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison

May. 28, 2024 14:29 PM EDT

NEW YORK (AP) — A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange. ...

Judge reject's Trump's bid for a new trial in $83.3 million E. Jean Carroll defamation case

Apr. 25, 2024 14:09 PM EDT

NEW YORK (AP) — A federal judge in New York rejected Donald Trump’s request for a new trial on Thursday after a jury awarded $83.3 million in damages to a longtime magazine columnist who sued the former president for defamation for calling her claim that he had sexually assaulted her in a...

The Latest | Opening statements in Trump hush money trial set for Monday after latest appeal fails

Apr. 19, 2024 18:00 PM EDT

NEW YORK (AP) — Opening statements in Donald Trump's hush money case are set to begin next week after a jury of 12 people and six alternates was seated Friday. The seating of the jury sets the stage for weeks of testimony in a case charging Trump with falsifying business records to suppress...

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

Mar. 28, 2024 19:50 PM EDT

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. ...

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer

Mar. 20, 2024 18:18 PM EDT

NEW YORK (AP) — The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was...