the collapse in 2022. 32—year—old said in court he the 32—year—old said in court he knew a lot of people have been let down before the sentence. providing a hard assessment to his say he lied at trial when he claimed had been unaware that his company were taking money entrusted to them by customers and using it for other purposes. just in our crypto ——. i for other purposes. just in our crypto ---_ crypto --. i feel like an appmpriate _ crypto --. i feel like an appropriate sentence. l crypto --. i feel like an appropriate sentence. i crypto --. i feel like an - appropriate sentence. i feel them lotta people would have them lotta people would have the request of a0 mac years just because of the number of projects and meeting investors impacted by his actions a lot better then the lawyer was asking was six years which would bring ridiculous considering the crime. those that ut considering the crime. those that put a — considering the crime. those that put a lot _ considering the crime. those that put a lot of _ considering the crime. those that put a lot of money - considering the crime. those that put a lot of money and l that put a lot of money and fade into ftx and freed himself or they could be getting their money back?— or they could be getting their mone back? �* , ,., money back? there's something im ortant money back? there's something important to _ money back? there's something important to understand. - money back? there's something important to understand. rightl important to understand. right now the claim for assets are about 80 or 90 cents on the dollar. sounds like most would be payback to investors. now what assets are worth today. considering bitcoin has been up 350% since then where this is “p 350% since then where this is up 206 since then there a massive opportunity to just receiving the value of the assets at the time of bankruptcy which is essentially the lowest point in the cycle. if you are holding stable coins or assets you not impacted but for all the crypto currency holders there's a massive gap between what you're getting and what you had at the time. my my understanding is that they're not the opportunity course for the if it was 18,000 or 16,000 at the time of back ramps to keep it to get that equivalent but at that price point of course it's better than nothing.— point of course it's better than nothing. point of course it's better than nothinu. , , , ., than nothing. they missed out on a massive _ than nothing. they missed out on a massive rally. _ than nothing. they missed out on a massive rally. they - than nothing. they missed out| on a massive rally. they would have been affected if they kept on holding their bitcoin and been able to trade it.- been able to trade it. more regulation _ been able to trade it. more regulation coming - been able to trade it. more regulation coming into - been able to trade it. more regulation coming into the | regulation coming into the crypto space in the back of this? i crypto space in the back of this? ~ �* , crypto space in the back of this? ~ �*, ., ., , this? i think it's already happening- _ this? i think it's already happening. you - this? i think it's already happening. you could i this? i think it's already l happening. you could see bitcoin making strides to support the phase for the hong kong and has been a bit clearer in terms of where the licensing regime is and what companies need to do to comply. he could see us regulators going after a number of crypto businesses either to ensure they're doing the right thing or because they actually think that there was wrongdoing and they need to address that. beating analyst forecast. meanwhile core inflation in the capital of tokyo slowed and marked from the previous month. 0n marked from the previous month. on tuesday japan's marked from the previous month. 0n tuesdayjapan�*s prime on tuesday japan's prime minister told 0n tuesdayjapan�*s prime minister told a news conference that japan was only at the halfway mark of ending decades of deflation. it comes after the bank ofjapan raise interest rates last week for the first time in 17 years. for more on what the data means live from london. it certainly caught my eyes. the retail numberfar it certainly caught my eyes. the retail number far ahead it certainly caught my eyes. the retail numberfar ahead of the survey coming in at plus a-.6 the survey coming in at plus a—.6 year on year. that's very encouraging. actually more than doubling. this suggests to me three things possibly happening here. while people are making more money on the stock market now they have a bit of extra cash in their pockets. and expanding it. within the numbers so far we can see that textiles are quite strong. that would suggest people are going out and buying clothes. certainly during february there's a warm spells of people are probably going out and buying some spring and summer clothes. i would be at all surprised if factory goods are popping up here. that's a sort of things you go and buy when you've got more money in your pockets suddenly. i think it's happening. the second thing which i think is important is probably the disaster in the beginning years fading into memory. usually when there's a natural disaster you go through periods of austerity for them in japan periods of austerity for them injapan people to go out, they don't do things. it seems this is largely domestic driven and it is very positive. and this awful event to started to fade away. terrorism is back up above the 2019 level. you've got the high spenders and they are probably out there buying lots of interesting things from the departments stores. if the trend continues and that's a big if because this year could go wrong. this is actually still very positive. certainly for the first part of this year. i think it supports the prime minister saying that we're seeing this recovery coming out of deflation. d0 we're seeing this recovery coming out of deflation. do you auree coming out of deflation. do you agree with _ coming out of deflation. do you agree with him _ coming out of deflation. do you agree with him when _ coming out of deflation. do you agree with him when he - coming out of deflation. do you agree with him when he says i agree with him when he says there at the halfway mark in ending inflation?— there at the halfway mark in ending inflation? having lived there since — ending inflation? having lived there since the _ ending inflation? having lived there since the 80s, - ending inflation? having lived there since the 80s, i - ending inflation? having lived there since the 80s, i saw - ending inflation? having lived| there since the 80s, i saw the whole thing go all the way up, i'll be down, very flat. the big cities are back to life again. i think it's a little bit unkind to say halfway. i think it is starting to bubble, not in the sense of the 80s but bubble in excitement and people going out doing things. it is definitely on the path of a big recovery. maybe halfway through. it's a difficult thing to gauge. definitely very positive. i to gauge. definitely very positive-— positive. i can censure optimism- _ positive. i can censure optimism. any - positive. i can censure i optimism. any potential headwinds we should be aware of? , , ., , of? cpr number, the people robabl of? cpr number, the people probably were _ of? cpr number, the people probably were the _ of? cpr number, the people probably were the baggage l of? cpr number, the people - probably were the baggage band. my probably were the baggage band. my big concern of mine will be tourism, trade the inbound tourism, trade the inbound tourism trade. i think it's foolish to expect that japan escapes the problem last year that because such an issue in korea. and actually in paris. as we go into spring this might be one of the few things that causes an issue with the tourism trade which would update a whole load of problems with respect to fnb. domestically as well as we come into spring, the cherry blossoms, everybody starts to go out and enjoy themselves with up there wanted to possible headwinds in that area, which i think is the first thing we need to worry about this year. the second thing might be although that would be good for the economy overall because it reduces input cost because so much is imported. 0f input cost because so much is imported. of course is the hearing gets stronger things get more expensive injapan for that at the moment it's ridiculously cheap —— yeah. that's the second problem that might slow wanted to things down as we go into the summer. broadly speaking, i'm very confident that we will have a good year. confident that we will have a good year-— confident that we will have a aood ear. ., ., good year. thank you for your time and _ good year. thank you for your time and your— good year. thank you for your time and your insight. - according to the company has received 57,000 orders within the first minutes the companies executives at the speed ultra sevenis executives at the speed ultra seven is price under $30,000 it sees the technology giant ticket on ev rivals including tesla. the firm is hoping that the shared operating system with the phones, laptops and other devices will appeal to existing customers. many markets are closed today for a good friday including australia, hong kong, the uk and here in singapore. but for those celebrating easter it's looking like it might be a more expensive holiday this year. as the price of cocoa has soared. the price of cocoa has reached all time highs. earlier this week, futures for the yummy commodity hit more than $10,000 a tonne for the first time ever. this is how it skyrocketed in the past year, almost tripling. the industry is facing the worst supply crunch in decades. the reason, in part, is climate change. most chocolate is made from cocoa grown in west africa, but there's been a humid heatwave blasting the crops and massively cutting yields. ivory coast and ghana are particularly impacted, which make up together about 60% of the world's cocoa production. that is coupled with disease. el nino rains, for example, sawa surge in a fungal infection known as black pod disease, which rots cocoa beans on the trees. and many of these trees are also failing to bear much fruit. they're particularly vulnerable to changes in the climate. the problem is these are systemic issues and the international cocoa 0rganisation forecasts it's only going to get worse. it's already pushing up the price of easter eggs in some markets. in the uk, for example, the consumer advocate group, which found some popular eggs, have risen in price by more than 50%. and the other possibility is just less chocolate for your money. that means less dark chocolate, which uses more cocoa and perhaps shrinkflation. so we might see more of those depressing, hollow easter eggs. katie silver with some bad news there. 0k. hey, i'm zoph with the catch up. tonight, the crypto king is sentenced. freddie flintoff returns and a sworn rescue in an ikea bag. a 19—year—old has been arrested on suspicion of attempted murder following a stabbing in broad daylight on wednesday. this happened on a train in bromley, which was travelling to london. there's been a video circulating online as passengers filmed the alleged attack. the victim is now in hospital in a critical but stable condition. officers are appealing for witnesses to come forward. next sun bankman—fried has been sentenced to 25 years in prison in the us for stealing billions of dollars from customers. from his cryptocurrency exchange ftx. the former billionaire ceo was previously found guilty of fraud and conspiracy. prosecutors say he took almost £8 billion from customers. and some other stories now — a man has been arrested on suspicion of manslaughter in connection with the death of gogglebox star george gilbey after the a0 year old died in a fall at work. george, who was a self—employed electrician, sadly died at the scene. and it's a great day for freddie flintoff fans as he's making his return to tv after his top gear accident with a second series of a bbc cricket documentary called field of dreams. time now to leave you with 10 seconds of a swan rescued from a supermarket roof in an ikea bag. the best thing about this is the swan was called steve. the team used a 13 metre ladder to rescue him and bring him back to safety. you're all caught up now. see you later. hello, i'm mark edwards, welcome to sports day. here's what's coming up on the show. newcastle's sandro tonali charged by the english fa for alleged betting rules breaches after joining the club. we hearfrom manager nuno espirito santo is nottingham forest appeal, their premier league points deduction. and survives the second set meltdown to reach her second straight miami final.