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The Appeal Ruling Former crypto tycoon Sam Bankman-Fried has lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. In a unanimous decision on Friday, a three-judge panel of the Manhattan-based 2nd United States Circuit Court of Appeals said prosecutors' evidence against Bankman-Fried 'was, conservatively stated, robust'. The panel, led by Circuit Judge Barrington Parker, wrote that while Bankman-Fried was publicly reassuring customers, investors, and regulators that FTX customer funds were safe, he was simultaneously using FTX as his own personal piggy bank, spending customer funds on real estate, political contributions, and investments. The Fraud Charges Bankman-Fried was found guilty on seven felony charges by a federal jury in Manhattan in 2023. Prosecutors with the Manhattan US Attorney's Office said he stole $8bn from FTX customers to plug losses at his crypto-focused hedge fund, Alameda Research, in what they termed a 'fraud of epic proportions'. Bankman-Fried had pleaded not guilty to the two counts of fraud and five counts of conspiracy that he faced. At his trial, he admitted to making mistakes running FTX, but testified that he never stole funds. The Appeal and Future Steps Bankman-Fried's lawyers did not immediately respond to a request for comment. They may next ask all the active judges on the 2nd Circuit to hear the case, or ask the US Supreme Court to take up the case. Bankman-Fried is also seeking a pardon from US President Donald Trump, according to the Department of Justice's Office of the Pardon Attorney. Eligible for Release in 2044 Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044. Before FTX collapsed, Bankman-Fried was a rising star in the rough-and-tumble crypto industry who burnished his reputation with lavish philanthropic and political donations. At his March 2024 sentencing hearing, Kaplan said Bankman-Fried knew his actions were wrong but 'made a very bad bet about the likelihood of getting caught'.

The Knicks Take Center Stage In Manhattan, the energy was electric as the New York Knicks bid to end their 53-year wait for an NBA title. Despite the World Cup 2026 being in town, the real show was the Knicks' game against the San Antonio Spurs. World Cup Fever Takes a Backseat At John Doe's bar on 28th and 5th in Manhattan, the crowd was initially heaving with excitement as they watched Vinícius Júnior's equaliser for Brazil against Morocco. However, the focus quickly shifted to the Knicks as fans eagerly awaited the switch to ABC for the NBA Finals. The Data Analysis The Knicks were 3-1 up in the series, and a win would secure the championship in five games. Jalen Brunson led the charge, scoring 45 points, including 15 in the final quarter. The team's star player hit his stride when it mattered most, putting the Knicks ahead with just over three minutes remaining. The Impact Analysis The Knicks' potential win had a profound impact on the city, with fans from all walks of life donning Knicks gear. From Thai students in Jalen Brunson singlets to elderly New Yorkers in royal blue and orange T-shirts, the city was awash with Knicks memorabilia. The Prediction As the final buzzer sounded, pandemonium erupted in Manhattan. The Knicks' victory marked a historic moment for the team and their fans, who had waited over half a century for a championship. The city's excitement was palpable, with fans embracing strangers and celebrating long into the night.

Lead: Knicks Capture First NBA Crown in Decades The New York Knicks secured their first NBA championship in over half a century, delivering a historic victory that instantly transformed the city’s atmosphere from routine to revelry. Street Parties Turn Manhattan into a Live‑Action Victory Parade Within minutes of the final buzzer, fans converged on iconic locations—Times Square, the Brooklyn Bridge, and the streets surrounding Madison Square Garden—creating spontaneous, city‑wide celebrations. The scene combined joyous chanting, impromptu performances, and, in some pockets, unruly behavior that required police intervention. Numbers on the Ground: Crowd Size, Police Deployments, and Immediate Economic Uptick Estimated 10,000‑15,000 fans gathered in Times Square alone. New York Police Department deployed roughly 300 officers to manage crowds and prevent property damage. Local businesses reported a short‑term sales boost of 15‑20% in food, beverage, and merchandise sales during the celebration window. Public transportation saw a surge of 30% more riders on subway lines serving the celebration zones. Why the Celebration Reshapes New York’s Sports Culture and Local Economy The championship marks a cultural turning point for a city that has long identified with its sports franchises. The outpouring of fan energy underscores the Knicks’ role as a unifying civic symbol, while the immediate economic lift demonstrates how major sports victories can act as short‑term fiscal catalysts for hospitality and retail sectors. Looking Ahead: What the Title Means for the Knicks’ Future and Fan Engagement Beyond the night of chaos, the victory sets the stage for heightened expectations around roster stability, sponsorship deals, and global brand expansion. The franchise is likely to leverage the momentum to deepen fan engagement through expanded community programs, premium ticket packages, and international marketing initiatives, aiming to sustain the enthusiasm that erupted across New York City on championship night.

HERE WE GOHappy GWC Day everyone! The 23rd edition of the Geopolitics World Cup kicks off on Thursday when co-hosts Mexico face South Africa at the Azteca Stadium, a venue that is a World Cup Proustian rush all on its own. The two greatest players of all time, Pelé and Diego Maradona, both won the World Cup in that stadium. Kylian Mbappé, Cristiano Ronaldo, Lamine Yamal and the other modern greats won't be able to do that this year, as the final is being played in the USA USA USA. As you may have read, that country is currently run by a disinfectant-peddling despot, and its approach to inclusivity has been one of many controversies heading into the tournament.Fifa overlord Gianni Infantino addressed those controversies at a press conference on Wednesday. "We don't live on the moon, we live on planet Earth," he mimed. "We have to respect that we are not kings of the world, who can rule over governments and police forces. We are a sports organisation that does as much as we can. It's important sometimes to chill, relax. Sometimes screaming and shouting does not find a solution." Chill, relax. If you break both legs walking the dog today, remember to chill, relax. If you're denied the chance to make history as the first Somali referee at a World Cup, then linked to "terror organisations" by a spokesparrot for the government of the world's most powerful country? Chill, relax.The Expanded Tournament LandscapeIn fairness, Infantino has created plenty of opportunities for football fans to chill, relax, wake up on the sofa wondering what day it is over the next five weeks. His bumper 48-team tournament includes 72 group matches, which is eight more than the entire GWC in Qatar. Excluding added time, drinks breaks, emergency stoppages for extreme weather conditions that are in no way related to the climate crisis, those 72 games will produce 108 hours of football. In the same time you could watch every episode of The Sopranos and still have 22 hours to spare; better still, you could watch Das Boot (1997 Director's Cut) 31 times and have a few minutes left over to check whether the press have turned on Thomas Tuchel.The beauty of the GWC is that, when it's at its best, those like Infantino are still powerless to ruin it. Sure, some of the group games will turn us into a kind of sedentary Sisyphus, ploughing on into the wee hours around the world to watch another 0-0 draw. But there will also be dozens of moments in the next five weeks when we are lost in euphoria, wonder, shock, anger or despair – like the final in Qatar last time round, or any of the stunning moments featured in these pages over the years. Most of them don't even need a description - they all have names, or just a name. The Hand of God; the Maracanazo; the Cruyff Turn; the Disgrace of Gijón; Saipan; Josimar.Broadcasting and Viewing StatisticsThe Brobdingnagian nature of the GWC is both a weakness – 2am BST, 22 June: New Zealand v Egypt – and a strength. Cape Verde, Curaçao, Jordan and Uzbekistan are World Cup debutants, while Scotland, Haiti, Norway, DR Congo and Iraq are playing for the first time in the 21st century. Their presence should infuse the tournament with some of the wide-eyed innocence of old. Wales, Iceland and others enriched Euro 2016 in similar circumstances; Georgia went out in the last 16 of Euro 2024 but left an impression on the soul of neutrals, and not only because of their ice-staking genius Khvicha Kvaratskhelia. When those newbies have exited the stage, the heavyweights – and outsiders-who-shouldn't-really-be-outsiders like Senegal and Japan – will fight to get their hands on Jules Rimet II. Whoever wins this competition may not be as good a team as Paris Saint-Germain, but the World Cup remains the ultimate prize.New Nations, New StoriesJohn Brewin will steer home the GWC news blog until 6pm BST (1pm EDT) before Daniel Harris leaps into the hot seat for minute-by-minute coverage of Mexico 2-0 South Africa in the opening game at 8pm BST (3pm EDT). And then Jonathan Howcroft picks up the baton for the Friday 3am BST (10pm EDT) encounter when South Korea get the better of Czechia 1-0. If you haven't played the Bracketology game, what have you been doing? Oh. Anyway, there's still time for you to get your GWC ducks in a row and set out who you think is going to win the whole darn thing."I can't wait to walk around there the next time I go to Rockefeller Center or Radio City Music Hall" – Thierry Henry reacts to the renaming of a street in Manhattan as "Thierry Henry Way", with an intersection in Queens also changed in tribute to Pelé. TV companies are now worried about how long half-time entertainment will last at the GWC. Why not just have a concert and halfway through have a 30-minute game of football? The way things are going, that's what Fifa will probably end up planning for in the future anyway.The Road to GloryCan I be the first of 1,057 to point out that in response to Callum Taylor, if there's one thing the GWC most definitely isn't short of, it's moving goalposts. Bottle of water anyone? The tournament promises to be a spectacle of football excellence, political intrigue, and human drama. As the expanded format brings new nations to the global stage, the World Cup continues to evolve while maintaining its status as the ultimate prize in football. Whether you're watching at 2am BST or during prime time, the next five weeks will deliver moments that will be remembered for decades to come.

The Failed Appeal Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. Conviction and Charges Bankman-Fried, who had been one of the cryptocurrency sector’s most influential figures and a multibillionaire before FTX’s spectacular collapse in 2022, was found guilty on seven felony charges by a federal jury in Manhattan in 2023. Prosecutors with the Manhattan US attorney’s office, which prosecuted the case, said he stole $8bn from FTX customers in what they termed a “fraud of epic proportions”. The Appeal Process Bankman-Fried had pleaded not guilty to the two counts of fraud and five counts of conspiracy that he faced. At his trial, he admitted to making mistakes running FTX, but testified that he never stole funds. In appealing against the conviction, Bankman-Fried’s defense lawyers argued that US district judge Lewis Kaplan, who oversaw the trial, improperly prevented Bankman-Fried from introducing evidence to back up his belief that FTX had enough funds to cover customer withdrawals. The Verdict and Sentence At his March 2024 sentencing hearing, Kaplan said Bankman-Fried knew his actions were wrong but “made a very bad bet about the likelihood of getting caught”. Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044.

The Lead ITV's World Cup coverage kicked off with a feisty start, setting the tone for a tournament marked by controversy and excitement. The broadcast began with a discussion of sensitive topics, including outrageous ticket prices and the treatment of teams, fans, and officials. ITV's Studio and Coverage ITV's studio, located in downtown New York, offered a great view of Lower Manhattan. The broadcast featured Mark Pougatch, Ian Wright, and other pundits discussing the tournament. The studio was described as having an 'open-plan version of the Friends apartment' vibe. The BBC's Austerity Bunker In contrast, the BBC opted to present the World Cup from an austerity bunker in Salford, citing cost concerns. The Telegraph described this as a 'work from home' operation. ITV took advantage of this, using its studio to taunt the BBC with its better facilities. The Impact Analysis ITV's coverage managed to strike a balance between acknowledging the issues surrounding the tournament and excitement about the football. The broadcast featured discussions of the legendary 1970 World Cup final and a moving short film about Sir Geoff Hurst. The Prediction As the tournament progresses, it remains to be seen whether ITV's feisty approach will pay off. With the BBC's more subdued coverage, ITV may have an edge in terms of viewer engagement. However, the real challenge will be navigating the complex issues surrounding the tournament, including human rights concerns and FIFA's controversies.

Cathy Tie, the self‑styled “Biotech Barbie,” used her 30th‑birthday concert at Carnegie Hall as a launchpad for a new gene‑editing company that seeks to eradicate inherited diseases by editing embryos. Backed by high‑profile venture capitalists, her move spotlights a rapidly growing, yet heavily regulated, frontier in human biotechnology.Cathy Tie's Grand Carnegie Hall Birthday and the Birth of a New Gene‑Editing VentureOn a Friday evening in late April 2026, Tie performed Saint‑Saëns’ Piano Concerto No 2 in a pink tulle gown, then turned the spotlight to her entrepreneurial ambition: a startup—initially called Manhattan Project, now operating under Origin Genomics—focused on germline editing to prevent conditions such as cystic fibrosis, Huntington’s disease, and hereditary cancers.Location: Carnegie Hall, New York CityEvent: 30th birthday celebration and public announcement of the ventureGoal: Open, regulator‑approved editing of human embryos for disease preventionFunding Landscape: Billionaire Backers and Emerging Start‑upsSince Tie’s arrival in New York (August 2025), a wave of ultra‑wealthy investors has poured capital into the human‑genetics arena.Preventive launched in October 2025 with a mission to “prevent disease before birth.”Investors include Sam Altman (OpenAI), Oliver Mulherin, and Brian Armstrong (Coinbase CEO).Armstrong coined the term “Gattaca stack,” highlighting a suite of technologies—gene editing, pre‑implantation genetic testing (PGT), and embryo selection—that could become routine.Regulatory Roadblocks and Ethical Storms Around Germline EditingDespite the influx of private money, germline editing for reproductive purposes remains banned in the UK, US, and China. International consensus discourages research that could produce viable babies, citing the irreversible impact on future generations.Current bans prohibit implantation of edited embryos that could develop to term.He Jiankui’s 2018 experiment—editing twins for HIV resistance—resulted in a three‑year prison sentence and a fine of 3 million yuan.China’s recent draft regulations (September 2026) aim to accelerate biotech R&D, hinting at a possible softening of the stance.What Lies Ahead for Human Germline EngineeringTie argues that secrecy will only drive rogue actors underground; she advocates for transparent, regulator‑approved research. The trajectory of the field will likely hinge on three factors:Regulatory evolution: Any relaxation of bans could unlock commercial pathways.Public acceptance: Wider societal dialogue is needed to balance benefits against ethical concerns.Competitive pressure: Billionaire‑backed rivals and state‑driven programs may accelerate breakthroughs, intensifying a “biological arms race.”If these dynamics align, germline editing could move from experimental labs to clinical trials within the next decade, reshaping concepts of disease, inheritance, and even what it means to be human.

The Lead: BBC’s Salford‑Based World Cup CoverageThe British broadcaster plans to host its entire 2026 World Cup output from a state‑of‑the‑art studio in Salford, a move designed to trim costs and reduce its carbon footprint while competing with rivals broadcasting from New York and Brooklyn. The Salford Studio Strategy and On‑Air TalentPresenters: Gabby Logan, Kelly Cates and Mark Chapman will anchor matches from the new “immersive” studio.Visuals: A giant LED backdrop will display digitally enhanced vistas of each of the 16 host cities, with weather and lighting adjustable in real time.Pundits: Post‑match analysis will feature Wayne Rooney, Micah Richards and others on a virtual rooftop or riverside balcony set. The Cost and Carbon Savings NumbersFinancial impact: Hosting from Salford is expected to save “a few million” pounds compared with overseas production.Environmental impact: The BBC claims a 19 % reduction in carbon emissions versus the 2022 Qatar tournament. The Competitive Landscape of World Cup BroadcastsWhile the BBC opts for a modest Salford base, ITV will showcase the opening match from a Brooklyn studio with Manhattan skyline views, and former BBC frontman Gary Lineker has signed a reported £14 million deal with Netflix to produce his “The Rest Is Football” podcast from Times Square. The Outlook: Audience Reach and Future Production ChoicesCritics have mocked the BBC’s “work‑from‑home” approach, yet the corporation expects to send presenters to the US for key England or Scotland matches and to maintain a strong on‑ground reporting presence. If the cost and emissions narrative resonates with viewers and regulators, the Salford model could set a new benchmark for large‑scale sports broadcasting.

The Presidential Appearance On Monday night, Donald Trump, the most powerful man in the world, attended the NBA finals game between the New York Knicks and San Antonio Spurs at Madison Square Garden. His presence caused a stir, with barricades set up around Midtown Manhattan, security lines outside the arena, and agents screening attendees. The Event Details Trump's grand entrance was marked by a half-mile-long motorcade, and he watched the game from a suite encased in plexiglass shielding with extra security. The president's attendance was seen as a status symbol, but it also drew criticism and boos from the crowd when he appeared on the big screen during the national anthem. The Data Analysis The Knicks suffered their first loss in a month and a half, which may have implications for the series. The game was a highly anticipated matchup, with some comparing it to iconic fights like Ali-Frazier in 1971 or Michael Jordan's signature nights. The Impact Analysis Trump's appearance at the game highlighted his lifelong quest for status and attention. Despite his efforts to insert himself into the spectacle, his presence ultimately diminished him. The crowd's reaction and social media images of him seemingly napping during the game undermined his attempt to be seen as a VIP. The Prediction If the Knicks go on to lose the series, the 'Trump jinx' may become a narrative, especially if he returns for Game 4 as he threatened. The incident may have also sparked a renewed debate about the intersection of politics and sports, and how public figures like Trump navigate these spaces.