Caroline Ellison sentenced to two years after serving as star witness against FTX’s Sam Bankman-Fried

Ex-Alameda CEO and ex-girlfriend of fallen crypto mogul pleaded guilty, but prosecutors requested lenient sentence

Caroline Ellison, the former crypto executive and romantic partner of the disgraced FTX founder Sam Bankman-Fried, was sentenced to 24 months in prison in Manhattan federal court on Tuesday. Ellison was a central figure in the FTX bankruptcy saga and key witness for the prosecution in the $8bn fraud trial that ended with Bankman-Fried’s conviction.

Ellison served as the chief executive of Alameda Research, which was the trading arm of the now defunct FTX crypto exchange. The collapse of FTX, once valued at $32bn, was directly linked to revelations that it was attempting to financially prop up Alameda with fraudulent accounting. Subsequent investigations and criminal charges found that FTX and the hedge fund had used billions in customer funds for risky trades and lavish personal spending.

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British PM makes unfortunate ‘return of the sausages’ gaffe during serious speech – Fox News

  1. British PM makes unfortunate ‘return of the sausages’ gaffe during serious speech  Fox News
  2. UK Prime Minister Keir Starmer says tough times are needed to spark national renewal  CNBC
  3. Newspaper headlines: PM braces for 'storm' and Britons told leave Lebanon  BBC.com
  4. UK’s Starmer calls for ‘de-escalation’ between Israel and Hezbollah  Al Jazeera English
  5. U.K.’s Labour Party is back in power, but the celebration is muted  The Washington Post
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Man charged with attempted assassination of Donald Trump at Florida golf course – as it happened

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Minutes after Joe Biden finished addressing the UN general assembly, Donald Trump’s campaign released a statement warning, in apocalyptic terms, of the consequences of electing Kamala Harris.

“Under President Donald J Trump, Iran was weak, ISIS was eliminated, Hamas was cut off, historic peace was descending on the Middle East, Russia was under control and there hadn’t been a US service member killed in Afghanistan in 18 months,” the lengthy email read.

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Iran’s president tells UN Israel’s ‘terrorism in Lebanon cannot go unanswered’ – The Times of Israel

  1. Iran’s president tells UN Israel’s ‘terrorism in Lebanon cannot go unanswered’  The Times of Israel
  2. Another Country Threatens to Join War as Middle East Crisis Explodes  The Daily Beast
  3. Video: Iran, Hezbollah’s sponsor, reacts to Israel’s strikes on the militant group  CNN
  4. Live: Updates From UN General Assembly  Bloomberg
  5. Iran: Israeli state terrorism in Lebanon cannot go unanswered  The Jerusalem Post
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Turkey’s Erdoğan compares Israel’s Netanyahu to Hitler at UN assembly – POLITICO Europe

  1. Turkey’s Erdoğan compares Israel’s Netanyahu to Hitler at UN assembly  POLITICO Europe
  2. Turkey's Erdogan says UN, Western values dying in Gaza  Reuters
  3. Turkey’s president accuses Israel of carrying out ‘a clear genocide’  The Associated Press
  4. Türkiye  General Assembly of the United Nations General Debate
  5. Turkey’s President Erdogan says UN and Western values are ‘dying’ in Gaza  Al Jazeera English
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Keep the faith, Starmer urges as he vows to build ‘a new Britain’

PM tells Labour conference he will not con people with false hope but says difficult trade-offs will help bring ‘national renewal’

Britain can become a country of pride, wealth and stability if the public accepts a series of difficult “trade-offs”, rejects nimbyism and sees through the Conservatives’ populist “lies”, Keir Starmer has said.

In his first Labour conference speech as prime minister, he urged the public to keep faith amid difficult and sometimes unpopular choices made by the government, telling them he understood their impatience for real change.

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Brummies celebrate inaugural International Day of Birmingham

Comedian Joe Lycett declares United States of Birmingham with 10 US towns and cities that share the name

Residents of Birmingham often admit the city is not accustomed to blowing its own trumpet – still maligned and mocked by others, it tends to favour self-deprecating humour.

So the launch of the inaugural International Day of Birmingham (IDOB), celebrated with cheerleaders, confetti cannon and actual trumpets, is not what you would expect to see on a walk through the city centre on a Tuesday afternoon.

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‘Can’t afford health insurance’: California CVS workers take strike vote

More than 7,000 workers to hold strike vote this week amid accusations of staff shortages and expensive healthcare

More than 7,000 workers at CVS stores across California are holding a strike vote this week after accusing the US’s largest pharmacy chain of shortchanging staff and failing to provide affordable healthcare.

CVS and its union remain far apart in negotiations on a new contract. Their current union contract expired on 30 June 2024.

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Starmer needs the public’s trust to be able to make the hard choices to come

Labour needs voters to believe politics can make their lives better not that politicians are all the same, hence why the donations row was so damaging

When Keir Starmer wanted to inject a moment of levity into his first speech as prime minister at the Labour conference, he told a story about visiting a holiday cottage in the Lake District where the owner joked about wanting to push him down the stairs.

As lighter moments go, it had a dark edge. It is British humour, of course, but there is a reason it made an impression on Starmer – it’s a microcosm of what he and his closest advisers see as their greatest threat: the cynicism and disdain with which ordinary people view politicians. The view that they are all the same, all on the take. The widespread lack of trust that politics can make lives better.

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