A court in New York, after a five-week trial, has determined that cryptocurrency founder Sam Bankman-Fried was guilty of extensive fraud and embezzlement when a sum equivalent to approximately 7.7 billion euros disappeared from his cryptocurrency exchange FTX – now he faces the possibility of being sentenced to 110 years in prison.
The cryptocurrency founder has secretly transferred customers’ money to his own trading company Alameda Research, which then lost a large part of it in what was described as “failed trades”.
According to the Wall Street Journal, FTX deployed more than half of the users’ assets and several billion dollars vanished without a trace.
Bankman-Fried, who is also one of Joe Biden’s and the Democrats’ biggest financiers, has consistently claimed that he did not commit any crime intentionally but that he acted in “good faith” – and blamed the alleged incompetence of his employees.
However, the court did not accept this, instead finding that the Jewish American entrepreneur was fully aware of what he was doing when he transferred customers’ money to his own hedge fund without their knowledge. During the trial, several high-ranking employees and FTX executives testified against Bankman-Fried.
The actual sentence to be imposed will be announced at a later date.
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US Health Secretary Robert F. Kennedy Jr. accuses Dr. Anthony Fauci of resuming biological weapons research under the guise of vaccine production – an activity he believes most likely caused the COVID-19 outbreak in 2019.
Gain-of-function research aims to alter viruses to make them more contagious and deadly. Such research is used both in the development of biological weapons and in the development of vaccines and treatments.
Kennedy stated in an interview with Fox News host Laura Ingraham that Dr. Fauci effectively restarted the US biological weapons program, despite President Richard Nixon’s attempts to shut down all such laboratories as early as 1969.
– Anthony Fauci began essentially restarting the arms race, and the bioweapons arms race, and did it under the pretension of developing vaccines, because of the same science that you develop bioweapons and vaccines, Kennedy said.
RFK Jr: “Anthony Fauci restarted the bio-weapons arms race under the pretense of developing vaccines… eventually moving his experiments offshore, mainly to the Wuhan Lab.”@SecKennedy ARREST FAUCI! pic.twitter.com/SmgDp5bGXf
— NanLee Marie Carissimi (@NanLee1124) May 6, 2025
On the same day that the interview was broadcast, President Donald Trump signed an executive order banning gain-of-function research and all federal funding for such activities.
Experiments moved abroad
Kennedy further claimed that “three of his bugs escaped” from Fauci’s laboratories in the US in 2014, which, according to him, prompted 300 scientists to sign a letter urging then-President Barack Obama to stop the experiments.
– President Obama declared a moratorium, but instead of shutting down his experiments, he moved them offshore, mainly to the Wuhan lab, Kennedy said, referring to what he described as indirect federal funding from Fauci to the Wuhan Institute of Virology.
The Wuhan laboratory has been identified in several investigations as a possible source of the coronavirus pandemic.
– The CIA, the FBI, the State Department, the Department of Energy – all say that it is most likely that those experiments resulted in the COVID-19 pandemic beginning in 2019, the US health secretary continued.
“A kind of weapon that always has blowback”
During the signing of the executive order at the White House, Kennedy expressed his support for the decision and described gain-of-function research as a form of biological arms race that now involves countries such as Russia, China, and Iran.
– It’s a kind of weapon that always has blowback. There’s always bad news and the justification for this kind of weaponry and this kind of research was always that we have to do this to develop vaccines to counter a future pandemic, he said.
– In all of the history of gain-of-function research we cannot point to a single good thing that’s come from it, Kennedy added.
Believes Fauci appealed for pardon
President Trump emphasized at the signing that the measure could have made a difference if it had been implemented earlier.
– It’s a big deal, could have been that we wouldn’t have had the problem we had if we had this done earlier, he said.
Kennedy also commented on President Joe Biden’s decision to pardon Anthony Fauci just hours before leaving office:
– I don’t know what was going on in Joe Biden’s head, but I think that Anthony Fauci probably asked for that pardon, knowing that he had some liabilities here that were more than reputational, Kennedy said.
Gain-of-function research involves deliberately altering the properties of viruses or other microorganisms to make them more infectious, more virulent or better adapted to new hosts, such as humans.
The purpose of such research is often said to be twofold: to increase understanding of how dangerous pathogens evolve and spread, and to stay ahead of the curve in developing vaccines and treatments against future pandemics.
Critics, however, argue that the research is fraught with risk, especially if engineered viruses were to leak from laboratories. Proponents argue that it is crucial for preparedness and public health, while opponents warn that it could also be misused in the development of biological weapons.
Yesterday, US Secretary of Defense Pete Hegseth strongly criticized left-wing liberal so-called diversity and inclusion programs within the military and reiterated the message that there is no future for such destructive phenomena within the US Armed Forces.
In a speech delivered at the Special Operations Forces Week conference, the defense secretary declared that climate alarmism, LGBTQ lobbying, and vaccine mandates are over, and that from now on, the focus will be solely on issues that are actually relevant to the military.
– No more pronouns, no more climate change obsession, no more emergency vaccine mandates, and no more dudes in dresses.
– We’re done with that shit, Hegseth continued.
BREAKING Secretary of Defense Pete Hegseth has a message for the entire World:
Hegseth’s statements follow a US Supreme Court ruling that gives the green light to the Trump administration’s efforts to strengthen the military’s focus by restricting the participation of transgender people in the armed forces.
The decision is based on an executive order signed in January, shortly after Donald Trump took office, with the aim of ensuring what the administration describes as an effective and unified defense force.
“The dumbest phrase in military history”
The Nordic Times has previously highlighted Hegseth’s views on diversity programs in the US military and how he condemned the left-liberal rhetoric previously used by the military leadership.
– I think the single dumbest phrase in military history is ‘our diversity is our strength’, Hegseth explained at a meeting with Defense Department employees at the Pentagon.
– I think our strength is our unity, our strength is our shared purpose, regardless of our background, regardless of how we grew up, regardless of our gender, regardless of our race, he continued, promising to do everything in his power to remove left-wing activist influence from the army.
President Donald Trump’s administration announced on Monday that it will offer $1,000 in compensation to anyone who is in the US illegally and voluntarily returns to their home country. The measure is part of the mass deportation campaign that has been central to Trump’s politics since he ran for office.
According to a press release from the US Department of Homeland Security, the government will also cover travel expenses. Migrants who use the CBP Home app to notify the authorities that they plan to return will also be given priority in the agency’s work on arrests and physical removals.
– If you are here illegally, self-deportation is the best, safest and most cost-effective way to leave the United States to avoid arrest, said Homeland Security Secretary Kristi Noem, adding:
– DHS is now offering illegal aliens financial travel assistance and a stipend to return to their home country through the CBP Home App.
The department itself states that it has already paid for the plane ticket for a migrant who has returned to Honduras from Chicago, and that more tickets are booked for this week and next week.
NOW – Kristi Noem breaks down self-deportation: “These illegal aliens that are in our country have the opportunity to go on the CBP Home app and we will facilitate them finding their way back to their countries—They will be paid $1000 as an incentive.” pic.twitter.com/9Rw5mmWxrX
During his presidential campaign, Trump made immigration control and mass deportations a central issue, and his administration has continued along this path during its first months in power. At the same time, implementation has been described as expensive, slow, and resource-intensive.
While the Republican government is requesting significantly increased funding for Immigration and Customs Enforcement (ICE), the agency responsible for deporting unwanted immigrants from the country, it is also trying to get people without residence permits to leave the US voluntarily.
The initiative has been combined with TV ads warning of measures against illegal immigrants and images on social media showing arrests and migrants being taken to a giant prison in El Salvador.
El Salvador’s President Nayib Bukele inspects the giant “Cetot” prison, where criminal migrants have also been sent. Photo: Casa Presidencial, El Salvador/CC0 1.0
The Trump administration has repeatedly described self-deportation as a way for migrants to preserve the possibility of legally returning to the US in the future, and the president himself repeated this message on Monday in a statement to reporters at the White House.
He said that immigrants who leave the country voluntarily may have a chance to return legally in the future, “if they are good people” and “love our country”.
– If they aren’t, they won’t, Trump added.
Activists urge migrants to reject the offer
It should be noted that the app developed by the Trump administration is a revised version of the app launched during Joe Biden’s presidency with the aim of allowing nearly one million immigrants to book appointments to enter the country.
However, as the purpose of the app is now to encourage immigrants to return home, it has been renamed from CBP One to CBP Home and, according to the Department of Homeland Security, has so far been used by “thousands” of migrants for self-deportation.
However, Trump’s opponents do not view the proposal favorably. Aaron Reichlin-Melnick, an immigration activist and senior researcher at the American Immigration Council, urges migrants to be very cautious and consider remaining in the US for as long as possible to pursue their cases in immigration court.
He points out that it is often a disadvantage for migrants themselves to leave the country voluntarily, especially for those already facing deportation, as failure to participate in court proceedings can lead to automatic deportation orders and returning home is often considered abandoning important applications, such as asylum.
Others argue that the amount is probably far too low and that only a few illegal immigrants would actually consider leaving the US permanently in exchange for $1,000.
Montage. Photo: Avi Ohayon/Government Press Office of Israel, IDF/CC BY-SA 3.0
Bezalel Smotrich has long advocated for the permanent Israeli occupation of the Gaza Strip and the re-establishment of Israeli settlements in the area.
Israel’s far-right Finance Minister Bezalel Smotrich announced on Monday that the country intends to occupy the entire Gaza Strip. At the same time, Prime Minister Benjamin Netanyahu defended the planned expansion of the offensive against the area.
– We will stop being afraid of the word ‘occupation’, declared Smothrich.
On Monday, Israel’s security cabinet unanimously approved a plan to expand the military operation in Gaza, which, according to government officials, means a de facto occupation of the entire Gaza Strip. Tens of thousands of reservists have been called up for the operation.
– We are finally going to occupy the Gaza Strip. We will stop being afraid of the word ‘occupation’, said the Finance Minister and Religious Zionist Party leader during a conference organized by B’Sheva newspaper.
Prime Minister Netanyahu described the operation as “intensive” and stressed that Israel will not withdraw from areas taken under its control.
– Once the new offensive is launched, Israel will not withdraw from conquered territories. The intention is the opposite of that, said Netanyahu in a video clip on X.
Opposition: It’s about saving Netanyahu
Netanyahu added that Gaza’s civilian population will be moved south “for its own protection” as part of the plan.
The decision has drawn sharp criticism from the opposition and relatives of Israeli hostages still held in Gaza. Many accuse the government of prioritizing territorial gains over human lives.
– The cabinet decided last night to expand the military operation inside the Gaza Strip – not to maintain Israel’s security, but to save Netanyahu and the extremist government, opposition leader Yair Golan wrote on X.
May constitute genocide
Plans to forcibly displace civilians in Gaza raise questions of international law. According to the UN Genocide Convention, the forcible transfer of a protected group with the intent to destroy it in whole or in part may constitute genocide.
Also under the Rome Statute of the International Criminal Court (ICC), such displacement can count as a crime against humanity.
