Pleaded guilty to one count of violating the banks secrecy act, Resolving A Multi Investigation by the Us Government into the well s largest cryptocurrency exchange, binance. As part of that agreement he also stepped down as ceo. The founder apologised to the court in seattle, saying his company had now put in place anti Money Laundering controls. It was watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors were demanding and less than the 1218 were demanding and less than the 12 18 months recommended underfederal the 12 18 months recommended under federal guidelines. The 12 18 months recommended underfederal guidelines. Once under federal guidelines. Once considered the underfederal guidelines. Once considered the most powerful person in the crypto industry, he is the second major crypto boss to be sentenced to prison. In march, sam bankman fried received 25 years behind bars for stealing 8 bil
Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that Consumer Confidence is falling with people more downbeat about future business conditions, jobs and income. To delve into that report joining me now is sara murray global managing director at the Conference Board international. Thank you forjoining us today. Take us in to the mind of American Consumers right now. How are they feeling . As you said, confidence has deteriorated to the Conference Board run the Consumer Confidence index and have been doing it for over 50 years and it has gone down
And resulting in a multiyear investigation by the Us Government into the Worlds Largest Cryptocurrency Exchange binance. As part of the agreement, he stepped out of the ceo and founder apologised to the court in seattle singles company had now put in place anti Money Laundering controls and is watched by his mother and is watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors are demanding less than 12 to 18 months recommended underfederal recommended under federal guidelines. Once recommended underfederal guidelines. Once considered the most powerful person in the Crypto Industry is the second major crypto boss to be sentenced to prison. In march, he received 25 years behind bars for stealing 1 billion from customers from his now bankrupt exchange. But binance is still the biggest Cryptocurrency Exchange in the world and he has his own eyes on the future. Recently announcing plans to launch a ne
Preferred better science, Better Results Secretary Of State Antony Blinken headed to the middle east because everybody is interested in the region that we find a pathway to resolve this issue once and for all 2015, a Year Long Campaign made Columbia University the first to divest from private prison you just cant believe the destruction like it seems like every Business Downtown has been destroyed now, it was like a Freight Train to the noise was so loud live from london this is cnn newsroom with max foster hello, a warm welcome to our viewers joining us from around the world. I, max foster is monday, april 29th, 9 00 a. M. Here in london, 11 00 a. M. In riyadh saudi arabia. And thats where us Secretary Of State Antony Blinken is right now hoping to jumpstart Hostage Release and ceasefire talks involving israel and hamas, you met just a few minutes ago with saudi arabias foreign minister. Also meet with other arab officials later today. Theyre expected to discuss aid to gaza, how to ac
Citing very heavy tesla obligations. Our Business Reporter David Waddell has more. Heres mr musk s challenge. Hes trying to sell teslas full Self Driving Software to more users, to more drivers. Thats the software that enables vehicles to drive autonomously, with a driver behind the wheel but not operating it. Thats available in north america, both in the us and canada. But on friday, a us report tied its wider range of autonomous Driving Modes to at least 13 crashes, including one death. Despite that, chinese customers are angling to use full Self Driving Software, but its not yet available in their market. Mr musk said it would be rolled out there very soon, but heres the rub all the data from teslas Chinese Fleet is held in shanghai and, under chinese regulations, isnt accessible to teslas us headquarters in texas. And that hampers the learnings that tesla needs to do to deliver a safe and effective product in china. Mr musk needs to navigate that with chinese officials. Ones the pr