November 3 top stories
It is November 3. Here are today’s top stories.
FTX founder Sam Bankman-Fried convicted
A New York jury has convicted Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, on all of his charges of fraud. He faces up to 110 years in prison at his sentencing on March 28.
About $10 billion were stolen from customers and investors who believed they were buying cryptocurrency with FTX. Bankman-Fried moved these funds to spend it on luxury items or outside investment projects without the customers’ knowledge. When the customers wanted their money back, it was already gone.
Federal prosecutor Damian Williams said Bankman-Fried perpetrated one of the biggest financial frauds in American history. He said cryptocurrency might be new but this kind of fraud is old.
Biden visits Maine to mourn victims of mass shooting
President Biden is visiting Maine today to mourn the 18 victims of the Lewiston mass shooting. Four deaf men are among those killed: Bryan MacFarlane, Joshua Seal, Steven Vozzella and Billy Brackett. The other victims included a father and his 14-year-old son, a husband and wife who were in their 70s.
Biden plans to meet with first responders and grieve with families and community members of those who were affected by the shootings and give a speech.
Israel-Hamas war updates
Israeli Prime Minister Netanyahu said he opposes any kind of pause in fighting in Gaza as long as Hamas continues to hold about 240 hostages seized from southern Israel during the Oct. 7 attack.
U.S. Secretary of State Blinken is in Israel today and is raising concerns about the mounting death toll of Palestinians in Gaza, many of whom were killed by Israeli bombs. Blinken said they need to do more to protect Palestinian civilians.
The leader of Hezbollah, an Iran-backed paramilitary group in Lebanon, said there is a possibility of an escalation of war on the Israel-Lebanon border.
The Israeli military said they are on a very high level of alertness at the Lebanese border.
The U.S. said Hamas is hoarding about 200,000 gallons of fuel to use for the rockets it fires into Israel and to run generators that provide clean air and electricity to its network of underground tunnels. The U.S. said despite this, they hope to find a way to provide fuel to hospitals in Gaza that are struggling to maintain services without electricity and for other basic needs.
News reports said there continues to be Israeli bombardments in Gaza, including areas near hospitals.
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Bezos moving to Miami
Amazon founder Jeff Bezos said he and his wife Lauren would be leaving Seattle, his home since 1994, to Miami. Bezos said he lived there when he was younger and that his parents moved there so he wants to be closer to them.
Bezos said it is an emotional decision for him and that Seattle will always have a piece of his heart.
News reports said Bezos purchased two neighboring mansions in South Florida with one priced at $79 million and the other at $68 million.
Matthew Perry Foundation established to help people with addiction
CNN said a foundation has been established in Matthew Perry’s name with the goal of helping people who are struggling with the disease of addiction. Perry passed away on October 28.
The foundation, Matthew Perry Foundation, is accepting donations. Leaders said they hope to honor Perry’s legacy by helping as many lives as possible.
That is all the top stories for this week. Have a nice weekend and stay with the light.
https://www.boston25news.com/news/ftx-founder-sam/OOATBQISMQ3M77OK4KUNIGQ5P4/
https://www.cnn.com/middleeast/live-news/israel-hamas-war-gaza-news-11-03-23
https://www.instagram.com/p/CzKZBPmvzPV/
https://apnews.com/article/maine-shooting-lewiston-biden-d3afb1a229b211395a0642224f8e7e80
https://apnews.com/article/maine-shooting-victims-1be7d14e90ef6c91ca23819163d29f3e