SBF Claims Trial Was Biased and Unfair, Appeals FTX Fraud Conviction

2025 年 11 月 4 日 general

The post SBF Claims Trial Was Biased and Unfair, Appeals FTX Fraud Conviction appeared com. Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, is taking his case to the 2nd US Circuit Court of Appeals in New York, arguing that he never received a fair trial. According to Bloomberg, his legal team claims the former crypto billionaire was “presumed guilty” from the start, facing bias from prosecutors, the press, and critically, the presiding judge. The 33-year-old was convicted in 2023 on seven criminal counts, including fraud and conspiracy, receiving a 25-year prison sentence for his role in what prosecutors described as one of the largest financial frauds in history. Bankman-Fried is now serving time in California and is seeking to overturn both his conviction and the $11 billion restitution order through his high-powered appeals attorney, Alexandra Shapiro. According to the appeal brief, Kaplan “repeatedly put a thumb on the scale to help the government and thwart the defense.” The lawyers claim the judge pressured jurors into reaching a quick verdict by suggesting they could work late, offering free dinner and car service home, actions they argue compromised deliberations. The defense also alleges Judge Kaplan “continually ridiculed Bankman-Fried, criticized his demeanor, and signaled his disbelief” of the defendant’s testimony. Notably, when Bankman-Fried claimed he didn’t run his sister hedge fund, Alameda Research, after stepping down as CEO, Kaplan allegedly called the testimony “a joke.” The legal team is requesting a complete retrial with a different judge. FTX Solvency Claims Fuel Controversy Adding fuel to the appeal, Bankman-Fried’s team released documents in October claiming FTX held approximately $136 billion in petition-date assets and “was never.

Padres’ Yu Darvish undergoes UCL surgery, out for 2026 season

2025 年 11 月 4 日 general

The San Diego Padres are going to look very different in 2026. A team with championship aspirations and a roster to compete has had to watch its rival win back-to-back championships and three in six seasons. What will the Padres do in 2026? It’s too early to tell. Starting pitcher and long-time veteran Yu Darvish [.] The post Padres’ Yu Darvish undergoes UCL surgery, out for 2026 season appeared first on ClutchPoints.

CleanSpark allocates Bitcoin profits toward AI foray

2025 年 11 月 4 日 general

The post CleanSpark allocates Bitcoin profits toward AI foray appeared com. CleanSpark is channeling proceeds from its Bitcoin mining operations directly into its new artificial intelligence (AI) division. The company used capital from over $64 million in recent sales to secure critical power and land for data centers. Summary CleanSpark sold 589 bitcoin for $64 million in October, using proceeds to acquire resources for a new AI data center in Texas. The miner produced 612 BTC last month, bringing total 2025 output to 6, 537 BTC. The move aligns with a broader industry trend as firms like IREN, Riot, and Cipher pivot from Bitcoin mining toward AI and high-performance computing infrastructure. On Nov. 4, Bitcoin (BTC) mining company CleanSpark announced its October operational results, revealing a new blueprint in which its crypto mining arm is now directly funding a corporate future. The company confirmed that it sold 589 Bitcoin last month for over $64 million in proceeds, capital it is immediately deploying to secure 271 acres of land and 285 megawatts of power near Houston, Texas, for a dedicated AI data center. “These milestones show that we’re not just talking about growth we’re executing it. While Bitcoin remains an integral part of our business, we’re equally focused on developing large-scale data centers that will power the next generation of innovation across the digital world,” CleanSpark CEO Matt Schultz said. Industry veteran Jeffrey Thomas is leading CleanSpark’s AI pivot. A key infrastructure partnership with immersion cooling firm Submer, according to the press release. CleanSpark moves from Bitcoin blocks to compute power In October, CleanSpark produced 612 bitcoin, bringing its total for the calendar year to 6, 537 coins. This consistent output is supported by a deployed fleet of over 240, 000 miners, achieving a peak operational hashrate of 50 exahashes per second. The company’s efficiency remains a key advantage, with its best-performing machines operating.

Binance CEO Denies Role in Trump Family-Backed Stablecoin Deal

2025 年 11 月 4 日 general

TLDR Binance CEO Richard Teng denies Binance’s role in selecting the USD1 stablecoin for MGX investment deal. Teng confirms MGX, not Binance, decided to use USD1 stablecoin for the $2 billion investment deal. Lawmakers raised concerns about potential political influence after Trump pardoned former Binance CEO. The USD1 stablecoin, tied to the Trump family, is [.] The post Binance CEO Denies Role in Trump Family-Backed Stablecoin Deal appeared first on Blockonomi.

Llano’s New Backpack Is Built for Traveling Photographers and Costs Just $60

2025 年 11 月 4 日 business, culture, economy, technology

Llano’s C5 22L Large Hardshell Camera Backpack is a lightweight, rugged pack for photographers who need secure, organized storage in a travel-friendly format. The new model combines a crush-resistant exterior with modular interior dividers and an ergonomic carry system, aiming to balance durability and comfort during extended use. [Read More]

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