Sam Bankman-Fried using millions sent to Stanford dad to pay for lawyers: report
Published Fri, 27 Dec 2024 07:04:19 GMT
Stanford Law School professor Joseph Bankman is using a “multimillion gift” he received from his embattled son Sam Bankman-Fried to pay for his son’s high-priced legal defense, according to a new report this week.The report from Forbes also alleges that this gift to the longtime Stanford academic was created using money taken from Alameda Research, the sister company of Bankman-Friend’s doomed cryptocurrency exchange FTX.One-time billionaire Bankman-Fried claimed in November that he only had $100,000 in his bank account following the collapse of FTX, prompting questions about how he can afford the team of high-powered attorneys he’s hired to fight an array of criminal charges, including wire fraud, money laundering, securities fraud and bribery.Bankman-Fried is accused of misappropriating billions of dollars in FTX customer funds to finance risky bets on his hedge fund, Alameda Research. The entrepreneur allegedly used the money to fund a lavish lifesty...Police union executive accused of dealing fentanyl surrenders
Published Fri, 27 Dec 2024 07:04:19 GMT
SAN JOSE, Calif. (KRON) -- The San Jose Police Officer's Association executive director accused of importing and distributing fentanyl was in court Friday. Joanne Segovia, 64, self-surrendered Friday morning. Her hearing began at 2 p.m. at the Federal Courthouse in San Jose. She will be released with no bond on a supervised release. As part of her terms, she cannot travel outside of Northern California. Executive Director of the San Jose Police Officers’ Association charged with importing fentanyl This was the first court appearance for Segovia, who could face up to 20 years in prison. The feds say Segovia allegedly spent almost a decade of her career at the San Jose Police Officer's Association dealing drugs from around the world using the association's office and computer.Segovia is allegedly at the center of an international drug shipments case, facing drug charges for importing and exporting opioids like fentanyl across the Bay Area and the country. She has been the executive...San Mateo Bridge crash blocks eastbound lanes
Published Fri, 27 Dec 2024 07:04:19 GMT
(KRON) -- A crash on SR-92 on the San Mateo Bridge has blocked eastbound lanes west of the toll plaza in Hayward, according to a SIG alert. The left and center lanes are blocked. Drivers are advised to expect delays.This is a developing story. Check back for updates.Photos: California 'super bloom' may be coming after historic rain
Published Fri, 27 Dec 2024 07:04:19 GMT
SANTA CRUZ, Calif. (KRON) -- Nature and landscape photographers are eagerly anticipating a rare "super bloom" this spring after more than a dozen atmospheric rivers. Californians slogged through months of drenching and destructive rainstorms this winter. Thanks to record-breaking rainfall, soil is fully saturated and Bay Area hillsides are bright emerald green. And once the sun has enough time to shine, splashes of vibrant orange, purple, yellow, and red colors will pop up in the form of wildflowers this April. California's biologically diverse landscapes are home to more than 7,000 species of native plants. While not a scientific term, "super bloom" describes a natural phenomenon when several species of wildflower seeds germinate and bloom flowers simultaneously.Hillsides and valleys were blanketed with vibrant colors during the Golden State's most recent "super bloom" of 2019 following a wet winter. A view from a NASA aircraft T-34 over the super bloom of poppies in Antelope ...T-wolves backup Naz Reid out indefinitely with broken wrist
Published Fri, 27 Dec 2024 07:04:19 GMT
MINNEAPOLIS (AP) — Minnesota Timberwolves center Naz Reid will be sidelined indefinitely with a broken left wrist that occurred in the previous game, a blow to the team’s depth during the stretch run of the regular season.The Timberwolves announced Friday before their game against the Los Angeles Lakers that Reid had an MRI exam in Minneapolis that revealed a fracture of the scaphoid bone. It’s between the hand and forearm on the thumb side of the wrist.Reid was hurt in the fourth quarter Wednesday at Phoenix, when he tried to brace himself as he fell to the court after being fouled. The fourth-year player has led the team in scoring in six games this season and averaged 11.5 points and 4.9 rebounds per game with 53.7% shooting from the floor — all career bests. Undrafted out of LSU in 2019, Reid has become a valuable complement to big men Rudy Gobert and Karl-Anthony Towns with his two-way skills off the bench. He proved to be particularly viable when Towns missed 52 ga...TikTok attorney: China can’t get U.S. data under plan
Published Fri, 27 Dec 2024 07:04:19 GMT
SAULSALITO, Calif. (AP) — Under intense scrutiny from Washington that could lead to a potential ban, the top attorney for TikTok and its Chinese parent company ByteDance defended the social media platform’s plan to safeguard U.S. user data from China.“The basic approach that we’re following is to make it physically impossible for any government, including the Chinese government, to get access to U.S. user data,” said general counsel Erich Anderson during a wide-ranging interview with The Associated Press at a cybersecurity conference in Sausalito, California on Friday sponsored by Hewlett-Packard Foundation and Aspen Digital and featuring top government officials, tech executives and journalists. Anderson also said ByteDance will continue to develop its new app called Lemon8. “We’re obviously going to do our best with the Lemon8 app to comply with U.S. law and to make sure we do the right thing here,” Anderson said, referring to the new social app developed by ByteDance ...Get it while it’s hot: New Mexico boosts chile production
Published Fri, 27 Dec 2024 07:04:19 GMT
ALBUQUERQUE, N.M. (AP) — New Mexico produced more than 53,000 tons of its most famous crop during the last growing season, meaning more chile peppers found their way into salsas and onto dinner plates than the previous year. State and federal agriculture officials rolled out the latest numbers this week as New Mexico’s governor signed legislation that established the sweet smell of green chile roasting in the fall as the state’s official aroma. New Mexico’s love affair with the hot peppers runs deep. Chile is one of the official state vegetables, it’s on license plates and it forms the basis of the state’s official question: “Red or Green?”The state in 2014 even adopted its own trademark and certification program to protect the reputation and integrity of its signature crop, much like Idaho has capitalized on potatoes, Maine has its lobsters and Florida has its fresh fruits and juices.The numbers released by the U.S. Department of Agriculture and the New Mexico Department of A...New Tennessee law allows police officers in private schools
Published Fri, 27 Dec 2024 07:04:19 GMT
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee on Friday signed a law allowing private schools to contract with local law enforcement so they can hire school resource officers, days after a Nashville shooting at a private Christian school left six dead, including three children. The Republican governor quietly approved the law without issuing a statement. A spokesperson for Lee did not immediately return a request seeking comment. The law goes into effect immediately. Supporters said the bill was needed to clarify statutes that had kept private schools from working with local governments to hire school resource officers. The law now clears the path for them to do so, but does not make it a requirement.Lee is expected to unveil his own proposals in response to The Covenant School shooting in the coming days. However, he has remained largely out of the public eye this week after announcing that his wife, Maria, was close friends with Katherine Koonce — who was among the six who were ...John Brockington, All-Pro fullback with Packers, dies at 74
Published Fri, 27 Dec 2024 07:04:19 GMT
SAN DIEGO (AP) — John Brockington, a former All-Pro fullback who ranks fourth on the Green Bay Packers’ career rushing list, has died. He was 74.The Packers announced Brockington died Friday in San Diego.Brockington played for the Packers from 1971-77 and rushed for 5,024 yards during that stretch. The only players to gain more yards rushing with the Packers are Ahman Green (8,322 from 2000-09), Jim Taylor (8,207 from 1958-66) and Aaron Jones (5,284 from 2017-present).He was the first running back in NFL history to rush for over 1,000 yards in each of his first three seasons.Brockington also spent part of the 1977 season with the Kansas City Chiefs and finished his career with 5,185 yards rushing. He had 30 touchdown runs and four touchdown catches.The Packers selected Brockington, a native of Brooklyn, New York, out of Ohio State with the ninth overall pick in the 1971 draft.Brockington rushed for 1,105 yards his first season in Green Bay, which at the time was an NFL rookie record...Cleanup begins after fiery Minnesota ethanol derailment
Published Fri, 27 Dec 2024 07:04:19 GMT
Crews have started removing contaminated soil and damaged railcars left behind by Thursday’s fiery derailment in southwest Minnesota.Authorities said Friday afternoon the ethanol fire that burned for hours had been extinguished and that local firefighters were allowed to leave after remaining on site overnight. But large water tanks and railroad firefighting equipment remained at the site to handle any flare-ups as damaged tank cars are removed.The entire town of Raymond, which is about 100 miles (161 kilometers) west of Minneapolis, had to be evacuated after 22 cars, including 10 carrying ethanol, left the tracks. Four of the tank cars ruptured and caught fire. But the several hundred residents were allowed to return home by midday Thursday, and no injuries were reported.This latest derailment only adds to concerns nationally about railroad safety. Lawmakers and regulators want freight railroads to make changes after last month’s derailment near East Palestine, Ohio, th...Latest news
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