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
Well have more on this developing story right here on bbc news. Images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. The campus is in Upper Manhattan which has been a focal point of Student Protests that have spread to dozens of universities and schools across the us, expressing opposition to israels war in gaza. Police are, quote, clearing it out, as they marched to the barricaded entrance to the building and Police Action comes hours after new york mayor eric adams and the nypd held a joint Press Conference where they blamed professional outside agitators escalating the situation and said that it was in Public Safety issue, that was what they said. Lets move on and will bring the story later on our programmes here on bbc news. Back to business news. Binance founder Changpeng Zhao was sentenced to four months in prison after p
There will be an opportunity for general Public Comment at this meeting and there will be an opportunity to comment on each discussion or action item on the agenda. Each comment is limited to 22 minutes. Public comment will be taken inperson and remotely by call in. For each item, the board will take Public Comment for people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone calling 4156550001, excess code 26611, 4307349 then pound and pound again. When calling youll hear the meeting discussions, when your item of interest comes up, press star3 to be added to comment line. Best is to speak from a quiet location and turn down the radio or computer. Please note that city policies along with federal state and local call discriminate conduct and will not be tolerated. More over Public Comment is permitted only on matters under the jurisdiction of this body. And we thank you for joining us. Next, item please. Item numb
This is appointing to how things open in a half hour. Down, way down. This is Dow Jones Industrial average futures. Its a look how things are going to work out 29 minutes from now. Were going to be down around 675, thats a significant 4 drop, its huge. Look at the price of oil. Fresh 6 1 2 year low, 39. 03. Now at 38 again. And that, go en, is a huge selloff, but i want to trigger right at the start and get into the drop in china. Look at these declines in asia. Starting with the shanghai at the top down, 8 1 2 . Hangsang index, hong kong, japan down 4 and south korea 2 . Mary kissel is right here. All right, china, there are reports theres speculation that the government in beijing has lost control and thats scary. Well, i dont know about that, stuart. Look, china may have been the trigger for a reality check for the markets. What has happened over the last six years, you had very low Interest Rates that let governments all over the world and china were particularly big spenders, seve
And personally, this means so much to me. First, i want to sing, and im not a singer but im about to saying, for Helene Cooper as a reporter. She joined the New York Times in 2004 as an assistant editorial page editor, and she has been a Diplomatic Correspondent for the times as well as a white house correspondent, she is now the pentagon reporter for the paper. And in 2015 she was part of the team that won the Pulitzer Prize for International Reporting specifically for work in liberia during the ebola epidemic. And that same year she received the prestigious george polk award and the overseas press club award. And prior to joining the times she spent 12 years with the wall street journal where she was an assistant bureau chief of the washington bureau. And i know that many of you are fans like i am of seeing her on sunday mornings giving insightful, thoughtful, words for us all to think about. Long before her life working highprofile job in the countries top papers, she experienced fi