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Crypto Madoff SBF Extradited To U.S., Could Be Moved To The Same Jail System As Jeffrey Epstein

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Sam Bankman-Fried was extradited to the U.S. Wednesday, and unless his lawyers negotiate bail, he could be sent to the same jail system where the disgraced financier Jeffrey Epstein died while awaiting trial on sex trafficking charges. Bankman-Fried has been charged in the U.S. with defrauding customers and investors of his Bahamas-based FTX crypto exchange to the tune of $1.8 billion. He is facing an eight-count federal indictment and could be sentenced to up to 115 years in prison if he gets the maximum sentence. However, many white-collar defendants get lesser sentences than guidelines dictate, according to trial lawyers and former prosecutors. Even in large fraud cases, life sentences can be drastically reduced, CNBC reported. Since his Dec. 12 arrest in the Bahamas, Bankman-Fried has been held in the notorious Bahamas Fox Hill prison, described by U.S. officials as overcrowded, dirty and lacking medical care. Its cells often lack mattresses and are “in...

How nonprofits help millions tackle their medical debt

Nikiesha Barnett had knee surgery in 2006 and took unpaid leave from her job as a Georgia hospital coordinator while she was recovering Nikiesha Barnett had knee surgery in 2006 and took unpaid leave from her job as a Georgia hospital coordinator while she was recovering. When Barnett wasn’t able to keep up with the payments for the surgery, she ended up owing about $4,500. That debt lingered for almost 14 years until one day in 2020, she received a letter from a nonprofit telling her the debt had been relieved. RIP Medical Debt, a national nonprofit, had bought her debt and forgiven it. Barrett says when she was in debt, she felt too guilty about what she owed to go to the doctor. Now that concern has been wiped away. Barnett is one of the millions of Americans who’ve had medical debt paid by nonprofits that receive increased support from a wide variety of grantmakers and donors, including MacKenzie Scott. Scott gave RIP Medical Debt $30 million in November after awarding the organiza...

Musk says he'll be Twitter CEO until a replacement is found

Elon Musk says he plays on remaining as Twitter’s CEO until he can find someone willing to replace him in the job SAN FRANCISCO -- Elon Musk said Tuesday that he plans on remaining as Twitter's CEO until he can find someone willing to replace him in the job. Musk’s announcement came after millions of Twitter users asked him to step down in an unscientific poll the billionaire himself created and promised to abide by. “I will resign as CEO as soon as I find someone foolish enough to take the job!” Musk tweeted. “After that, I will just run the software & servers teams.” Since taking over San Francisco-based Twitter in late October, Musk’s run as CEO has been marked by quickly issued rules and policies that have often been withdrawn or changed soon after being made public. He has also alienated some investors in his electric vehicle company Tesla who are concerned that Twitter is taking too much of his attention. Some of Musk's actions have unnerved Twitter ...