By Kevin Stocklin Former FTX crypto exchange CEO Sam Bankman-Fried, just extradited to the United States from a prison in the Bahamas, was freed on $250 million bail pending his trial on criminal fraud and money laundering charges. Bail was posted by Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, who put up their house as collateral. […]
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Posted inBusiness
Elon Musk Says He Will Resign as Twitter CEO but Remain Involved in Key Operations
By Caden Pearson Elon Musk said Tuesday he’ll step down as Twitter CEO but remain involved in operations when he can find a suitable replacement. “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” Musk said on Twitter. On […]
Posted inNational News
‘Twitter Files’ Show Company ‘Directly Assisted’ in US Military Psychological Operations
By Jack Phillips Journalist Lee Fang released the latest installment of the “Twitter Files” on Tuesday, showing how the social media platform “quietly aided” U.S. intelligence officials’ online campaigns. In a lengthy thread that was reposted by Twitter owner Elon Musk, Fang wrote that “despite promises to shut down covert state-run propaganda networks, Twitter docs show that the social […]
Posted inWorld
Founder of Cryptocurrency ‘OneCoin’ Pleads Guilty to Fraud Charges, Bulgarian Co-Founder Still Wanted
By Naveen Athrappully A co-founder of the fraudulent cryptocurrency OneCoin, touted as a “Bitcoin killer,” pleaded guilty to money laundering and wire fraud charges in a New York City federal court on Friday, while the other founder remains missing and is listed among the FBI’s most wanted. The defendant, Karl Sebastian Greenwood, 45, co-founded OneCoin with Ruja […]
Posted inBusiness
Majority Vote ‘Yes’ for Elon Musk to Step Down as Head of Twitter
By Tom Ozimek Expectations are building that Elon Musk will step down as CEO of Twitter after a poll that he launched and vowed to “abide by” showed the majority voting “yes” to his departure from the helm of the social media giant. Musk launched the poll on Sunday, asking whether he should step down as head of the company, pledging […]
Posted inNational News
Internal Twitter Records Show FBI Questioned Twitter on State Propaganda
By Melanie Sun Independent journalist Matt Taibbi published a supplemental thread to Part 6 of the “Twitter Files” on Sunday, bringing to light documented exchanges between the FBI and Twitter’s executive discussing the topic of state actors on the social media platform. In July 2020, an FBI agent with the San Francisco office told the head of […]
Posted inNational News
El Paso Mayor Declares State of Emergency Amid Surge of Illegal Aliens
By Mimi Nguyen Ly The mayor of El Paso declared a state of emergency on Saturday, citing a surge in the numbers of illegal aliens in the city’s streets and an expected influx of more to come across the Southern border as the Title 42 border policy is set to end by Dec. 21. El Paso is a Democrat […]
Posted inNational News
Twitter Files 6 Shows ‘Deep State’ Went Deeper Than Just FBI-Twitter Collusion
By Tom Ozimek News Analysis The latest episode of Twitter’s internal files on content crackdowns paints a picture of a censorship machine that not only worked hand-in-glove with the FBI but also received content-related flags and action requests from a tangled web of state agencies, private contractors, and government-affiliated NGOs, shedding new light on the depths of […]
Posted inNational News
GOP Lawmaker Demands Receipts From Big Tech on Alleged ‘Collusion’ With Biden White House to Censor Dissenting Views
By Bryan Jung A top House Republican is demanding receipts from five Big Tech firms for alleged “collusion” with the Biden administration to censor conservative and other dissenting voices. Rep. Jim Jordan (R-Ohio), the incoming House Judiciary Committee chairman after Republicans seat their majority in the House next month, sent letters on Dec. 14 to the CEOs of big tech […]
Posted inEconomy
Retail Sales Drop at Start of Key Holiday Shopping Season
By The Associated Press WASHINGTON—Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates forcing families, particularly lower income households, to make harder decisions about what they buy. Retail sales fell 0.6 percent from October to November after a sharp 1.3 percent rise the previous month, the […]
Posted inNational News
Trump Files Defamation Suit Against Pulitzer Prize Board for Rewarding ‘Russia Collusion’ Coverage
By Samantha Flom Former President Donald Trump filed a defamation lawsuit against members of the Pulitzer Prize Board on Dec. 13 after the board declined to rescind the 2018 National Reporting prizes presented to The New York Times and The Washington Post for their reporting on the debunked allegations of collusion between Trump and Russia. Noting that those allegations […]
Posted inNational News
Mike Lindell Officially Announces Bid for RNC Chair
By Caden Pearson MyPillow CEO Mike Lindell repeated his claims that the GOP has lost the trust of its supporters and donors while announcing the launch of his campaign for the Republican National Committee (RNC) chairmanship on Tuesday. Lindell, who declared his candidacy on Dec. 9, is attempting to unseat incumbent RNC Chair Ronna McDaniel, who is seeking a […]
