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frustrating. from coast to coast. travelers are facing delay or canceled flights. treasury secretary pete buttigieg wants airlines to stress their summer schedules. airline problem in this country. time for a wake-up call. [cheers] and matthew fitzpatrick is a champion again. good morning, everybody. that says it s fire island new york. i think that could be the wrong location. ainsley: fire island is a island off the long island. the sky is kind of the fire color but nonetheless. good morning, everybody, it is monday, june 20th, 2022 it is juneteenth. this was a federal holiday signed into law last year by joe biden. it celebrates and commemorates the emancipation of enslaved people in the united states first celebrated in texas back in 1865 after the civil war and slaves were declared free under the emancipation proclamation. that s what juneteenth is all about. brian: texas was the last to recognize it. so, they were the last state to understand ....
World says it is investigating a possible $473 million hack. ftx s general counsel says the company has moved user funds off-line to mitigate any damage after observing what it calls unauthorized transactions. the unconfirmed theft coming shortly after the company filed for bankruptcy with some describing it as the lehman brothers of crypto. cnn s brian todd has more. reporter: it wasn t belong ago that sam bankman-fried was called the mark zuckerberg of crypto. a modern day jp morgan. in the span of a week the 30-year-old wonder kin founder and ceo of ftx the mega powerful cryptocurrency exchange has resigned, lost his fortune, his firm s in bankruptcy and by thursday n a twitter thread to investors and customers, he was saying, quote, i m sorry i f up and should have done better. in some ways this collapse of ....
Fewer p-63s left flying worldwide. once they re gone, the stories die with them. many veterans were in the crowd. you can only imagine the terror. trying to get world war ii veterans out to see this on veterans day weekend. a heartbreaking situation, fredricka. heartbreaking indeed. pete, thank you. come back when you hear more. the stunning collapse of a leading cryptocurrency exchange is being called one of history s greatest ever destructions of wealth. ftx filed for bankruptcy friday as its ceo, 30-year-old sam bankman fried resigned. his fortune evaporating in less than a week and now the company says it s investigating whether $473 million in crypto assets were stolen. cnn s brian todd explains how the crypto empire unraveled. ....
From cryptocurrency exchange ftx. this comes after founder and ceo sam bankman-frieded is accused of secretly transferring $10 billion to his trading company, alameda research are. he claims there was just confusing labeling. ftx is moving millions of dollars into offline crypto wallets citing unauthorized transactions after reports say $473 million in crypto assets were stolen. what a mess. will: wow. pete: the company filed for chapter 11 bankruptcy on friday. he s a big democrat donor, by the way, pledged a billion in this cycle. didn t quite live up to that. a. rachel: he s so young to have all these billions of dollars. pete: that s crypto. yeah. the biden administration, get this one, guys, denying a tax break for member members new york s fighting 69th infantry on the terror-torn kenya task. ....
reporter: good morning, boris and amara. the judge awarded $473 million in punitive damages, and included within that are attorneys fees and costs. now, these are punitive damages, which are really punishment damps, for the willful wanton, malicious misconduct to punish the defendant, and also a deterrence aspect so other people out there do not think they can get away with something like this. i want to read for you a portion from the decision so you can see the state of mind of the judge, barbara bellous in all of this. she said, this depravity, this cruel a, persistent course of conduct, establishes the highest degree of reprehensibility and blame worthiness and went on to say that the trial showed that jones used sandy hook engaged the snntd and drove up sales and profits, the spikes in sales ....