CNN 5 Things NBA Scandal Fallout, Mortgage Rates, Binance Founder Pardoned and more
Oct 23, 2025
The FBI's investigation into the NBA has led to the Portland Trail Blazers' coach being placed on leave. Meanwhile, President Trump halted his plan to send federal agents to San Francisco, citing recovery concerns. As the government shutdown looms, SNAP benefits are at risk of running out. On a brighter note, mortgage rates have dropped to a one-year low. In the world of crypto, Trump pardoned Binance's founder, paving the way for the exchange's potential return to the U.S.
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NBA Probe Shakes League Trust
- The FBI probe into mafia-linked gambling and sports-rigging has shaken the NBA right as the season began.
- Teams and players face leaves and investigations that could reshape league trust and oversight.
Coaches And Players Placed On Leave
- Portland placed coach Chauncey Billups on leave and named Thiago Splitter interim coach after the probe surfaced.
- Miami guard Terry Rozier was also placed on leave amid allegations about his actions during a 2023 game.
San Francisco Avoids Federal Immigration Deployment
- San Francisco's mayor persuaded President Trump to call off sending federal immigration agents to the city.
- Local officials and tech leaders remain prepared for other scenarios despite the decision.