Keyword: alameda
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A fed up veteran prosecutor ripped a radical California District Attorney for neglecting victims’ rights in a scathing resignation letter. Danielle Hilton, who had been with the Alameda County District Attorney’s Office for nearly three decades, told embattled DA Pamela Price that she could no longer perform her duties in good conscience last week. “Victims deserve better,” Hilton wrote, asserting Price’s radically progressive agenda has tipped the scales away from providing justice to those “devastated by violent crime.” “I am not leaving because I want to,” Hilton wrote in the missive posted to Twitter. “In fact, I want nothing more...
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Nishad Singh is third person in founder’s inner circle agreeing to cooperate with federal prosecutors ... The collapse of FTX has set off the largest crypto-related bankruptcy ever ... Singh said that in mid-2022 he learned that Mr. Bankman-Fried’s crypto hedge fund Alameda Research was borrowing FTX customer funds. By September 2022, Alameda was no longer able to repay the billions of dollars that it had taken from FTX, Mr. Singh said. He said that, at the direction of Mr. Bankman-Fried, he falsified FTX’s revenues to make the company more appealing to investors. ... Mr. Singh also pleaded guilty to...
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Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths. 30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed over $1.7 million worth of crypto assets through various crypto-mixing services. As Cointelegraph reported on Dec. 28, the sudden movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised suspicions across the crypto community. Nearly 24 hours later, it...
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On the same day that that the Bahamas extradited FTX co-founder and former CEO Sam Bankman-Fried to the U.S. to face criminal charges, two former executives at FTX and Alameda Research pleaded guilty Wednesday to federal fraud charges. Caroline Ellison, the former chief executive of Alameda Research, and FTX co-founder Zixiao (Gary) Wang, also its former chief technology officer, were charged for their roles in contributing to the crypto platform’s collapse. [Snip]
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Ex-FTX CEO Sam Bankman-Fried says he will testify remotely before House committeeFormer crypto exchange leader says he has no plans to appear before the Senate this week "Sam Bankman-Fried says he will appear before a House Financial Services Committee hearing set for Tuesday, but the former FTX CEO will not be attending in person.""I'm quite overbooked and was not planning to be testifying until, like, very recently," Bankman-Fried explained, adding that he did not want to leave the Bahamas "from a security standpoint" because currently "the paparazzi effect is quite large" when he tries to venture out. When asked whether...
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Documents in the failed crypto exchange FTX’s bankruptcy recently revealed that the firm–through its sister hedge fund Alameda–infused $11.5 million into Moonstone Bank, formerly Farmington State Bank. As more questions are raised than answers, the bank’s chief digital officer Janvier Chalopin attempted to clear the air about the curious stake. The investment, according to Chalopin, was a “seed funding… to execute [their] new plan of being a tech focused bank.” He added that the investment was for 10% of the bank, valuing Moonstone at $115 million – a considerable boost in value considering the bank had just $10 million in...
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Old drug-related tweets posted by Caroline Ellison — the 28-year-old CEO of Alameda Research, the hedge fund linked to the downfall of FTX — are resurfacing as the cryptocurrency industry crumbles. In a 2021 tweet posted by Ellison, who is also the reported ex-girlfriend of FTX's disgraced founder, Sam Bankman-Fried, references regularly using amphetamines and how "dumb" the "non-medicated human experience" can be. Alameda Research filed for bankruptcy in early November along with other FTX Group-linked entities after failing to secure emergency funding. Although Bankman-Fried founded Alameda, Ellison has since emerged as an integral character in its demise. Her initial...
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by Samantha Foster | 24NewsA fed-up Walgreens customer — tired of the rampant, brazen shoplifting in northern California, with little resistance and fewer consequences — decided to do something about it Saturday when he witnessed a man putting bottles of pills into a backpack, KGO-TV reported.What are the details?The customer — who requested the station use only his first name, Kevin, for its report — told KGO, "I said [to myself], 'This is a time you can make an impact, make this happen.'"And what an impact he made.Kevin handed his cell phone to another person in the Alameda store and...
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Alameda County, the San Francisco Bay Area’s second-most populous county, reinstated on Friday a mask mandate in most indoor spaces, which it had dropped in February. Officials cited growing hospitalizations in Alameda, whose county seat is Oakland, which are up about 35 percent over the last two weeks to a daily average of 129, as of Thursday, according to federal data. Nationally, about 28,000 people were currently in hospitals with the coronavirus, an increase of 17 percent over the last two weeks. Alameda is the first county in California, and the largest jurisdiction in the United States, to issue a...
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LOS ANGELES -- A disability rights advocate will become the second openly transgender person to serve as a California judge after being appointed Friday by Gov. Gavin Newsom. Andi Mudryk, 58, chief deputy director at the Department of Rehabilitation, will serve on the Sacramento County Superior Court. She follows in the path of Alameda Superior Court Judge Victoria Kolakowski, who became the first openly transgender judge after being elected in 2010. “Andi Mudryk is a great appointment and will be a wonderful judge,” Kolakowski tweeted. “I’m glad to finally have a trans colleague on the bench in California.” Mudryk has...
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A disability rights advocate will become the second openly transgender person to serve as a California judge after being appointed Friday by Gov. Gavin Newsom. Andi Mudryk, 58, chief deputy director at the Department of Rehabilitation, will serve on the Sacramento County Superior Court. She follows in the path of Alameda Superior Court Judge Victoria Kolakowski, who became the first openly transgender judge after being elected in 2010.
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A San Francisco federal court decided Monday that Tesla must pay a former worker, Owen Diaz, about $137 million after he endured a hostile work environment and racist abuse working there as an elevator operator.According to his attorneys, the case was only able to move forward because Diaz had not signed one of Tesla’s mandatory arbitration agreements which the company uses to force employees to resolve disputes without a public trial.A shareholder activist, Nia Impact Capital, has asked Tesla’s board to study the effects of mandatory arbitration agreements on the company, voicing concern that they enable harassment and other problems.
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A black employee at Tesla's California gigafactory claims he was called the N-word 'approximately 100 times' and saw swastikas and KKK signs plastered over the bathroom as the company faces a major racism lawsuit. Aaron Craven's sworn declaration is among 100 others from fellow staff members claiming Elon Musk's electric car giant discriminates against black people and has created a toxic atmosphere at its main factory in Fremont. 'I was directly called ''n*****' approximately 100 times at the Fremont factory,' Craven said in a sworn statement filed to Alameda County Superior Court, which has been seen by Dailymail.com. Craven has...
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County previously included deaths of anyone infected with the virus, regardless of whether it was a direct or contributing cause of death ----- A California county cut its COVID-19 death toll by around 25% after determining that some deaths were not a "direct result" of the virus. Alameda County revised the total number of deaths caused by the coronavirus to 1,223, down from 1,634.
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Rep. Eric Swalwell is famous for yelling about Russian influence with outrageous claims against President Trump, even calling for a 'presidential crimes commission,' but based on a year-long investigation from Axios, he's the one who has some spy problems, and they ought to be embarrassing. He was China's idea of the perfect fool.According to a year-long investigation from Axios:A suspected Chinese intelligence operative developed extensive ties with local and national politicians, including a U.S. congressman, in what U.S. officials believe was a political intelligence operation run by China’s main civilian spy agency between 2011 and 2015, Axios found in a...
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A 60-year-old black man has been arrested for the murder of a 19-year-old UC Berkeley student. On Monday, the Alameda County district attorney’s office filed felony charges against Berkeley resident Tony Walker for the June murder of UC Berkeley student Seth Smith.
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Make room, Austin. Tesla is coming to town. The electric automaker will build a $1.1 billion assembly plant in Travis County, according to a press release from Gov. Greg Abbott. The factory – to be built on 2,100 acres off Texas 130 and Harold Green Road in southeastern Travis County – will employ 5,000 people with wages starting at $35,000 annually.
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Tesla is restarting production today against Alameda County rules. I will be on the line with everyone else. If anyone is arrested, I ask that it only be me.
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San Francisco did a single-day count of homeless people back in January, part of an ongoing attempt to track whether the problem is improving or getting worse. The preliminary numbers were released today and the answer is that things are worse. In fact, the city has experienced a double-digit increase in homelessness. From the San Francisco Chronicle: Despite creating hundreds of new shelter beds and spending more than $300 million annually on homelessness, San Francisco has seen the number of homeless people in the city rise by 17% since 2017 — with a whopping amount of that increase coming...
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A test flight in Alaska of a small launch vehicle by a stealthy startup company ended in failure in late November, the Federal Aviation Administration has revealed. In a speech Dec. 6 at a U.S. Chamber of Commerce space conference here discussing the agency's approach to commercial spaceflight safety, FAA Acting Administrator Dan Elwell mentioned a recent, but previously unreported, accident involving a launch taking place from Alaska one week ago. A launch license the FAA issued to Astra Space Inc. on Oct. 15, also available on the FAA website, authorized the company to perform a suborbital flight of its...
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