Category: fox-business/money/crime

Morgan Wallen to open Nashville bar following arrest for alleged rooftop chair-throwing incident

Country singer Morgan Wallen has plans to open a six-story bar called This Bar in Nashville, Tennessee, this year, and his recent arrest seemingly won’t get in the way. In fact, according to a PR expert, the chair-throwing incident may actually help the singer “drive more business.” On Sunday, Wallen was arrested for allegedly throwing a chair off the rooftop of Eric Church’s Chief’s bar…

Disgraced crypto king Sam Bankman-Fried sentenced to 25 years

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison by Judge Lewis A. Kaplan on Thursday.  Prosecutors sought a 40- to 50-year sentence for the disgraced crypto king. Bankman-Fried’s defense team will appeal the conviction and sentencing. His parents, Barbara and Joseph Bankman-Fried, were present in the courtroom.  Bankman-Fried, 32, was found guilty in November on two counts of wire fraud and five…

Former crypto king Sam Bankman-Fried set for sentencing

FTX co-founder and ex-CEO Sam Bankman-Fried will learn his fate Thursday after being convicted last fall of defrauding investors and customers of the now-bankrupt cryptocurrency exchange. The former crypto billionaire is slated to appear before U.S. District Judge Lewis Kaplan in Manhattan federal court, where he faces a sentence of up to 110 years behind bars. PROSECUTORS WANT A 40 TO 50 YEAR PRISON SENTENCE…

Former crypto king Sam Bankman-Fried set for sentencing this week

FTX co-founder and ex-CEO Sam Bankman-Fried will learn his fate this week after being convicted last fall of defrauding investors and customers of the now-bankrupt cryptocurrency exchange. The former crypto billionaire is slated to appear Thursday before U.S. District Judge Lewis Kaplan in Manhattan federal court, where he faces a sentence of up to 110 years behind bars. PROSECUTORS WANT A 40 TO 50 YEAR…

CVS engaging with AGs on retail theft; working to ‘dismantle these criminal operations’

CVS CEO Karen Lynch said the company is working with attorneys general in order to try and stop the brazen retail theft that is proliferating the industry.  While speaking with “CBS Evening News” on Wednesday, Lynch explained that less expensive products are even locked up because thieves are coming in and “ripping through…the entire counter.” She recalled watching a clip of a car driving through…