Morning Wire Guilty Verdict for FTX Founder & Eric Adams’ Fundraiser Raided | Afternoon Update | 11.3.23
Nov 3, 2023
Sam Bankman-Fried faces a shocking conviction for fraud, potentially locking him up for 110 years. Meanwhile, legal troubles mount for Eric Adams as a fundraiser raid unfolds. In Iran, executions are on the rise, targeting the poorest for minor offenses. On the brighter side, rideshare drivers score a major settlement, and retirement savers get good news. Britney Spears spills the tea in her memoir, while Disney makes moves to fully acquire Hulu. Plus, fans rejoice with the release of a new Beatles track!
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SBF Guilty Verdict
- Sam Bankman-Fried, FTX founder, was found guilty on seven charges.
- These include securities fraud, wire fraud, and money laundering, facing 110 years.
Adams Fundraiser Raided
- Federal agents raided the home of Breonna Suggs, a top fundraiser for NYC Mayor Eric Adams.
- The mayor abruptly returned from D.C., missing a White House meeting.
Iran Executions Rise
- Iran's execution rate has increased by 30% this year, with about 419 people killed.
- This includes people executed for protesting against the government.
