Marine detains man outside federal building in Los Angeles
Video shows a marine detaining a man while standing guard at a federal building in Los Angeles, CA. CNN has reached out to the U.S. Marine Corps for more information.
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New York Times
10 minutes ago
- New York Times
Shaquille O'Neal Agrees to Pay $1.8 Million to Settle FTX Class-Action Suit
Shaquille O'Neal, the retired basketball star, agreed to pay $1.8 million to settle a class-action suit brought by customers of FTX, the collapsed cryptocurrency exchange, accusing him and other celebrities of illegally promoting the exchange. The settlement, which was disclosed in a filing in the U.S. District Court for the Southern District of Florida this past week, signaled an imminent resolution for Mr. O'Neal in a case that had questioned the liability of celebrities and influencers who endorse cryptocurrencies and other risky financial products. At the center of the dispute was FTX, the cryptocurrency exchange that suddenly collapsed in 2022, taking $8 billion in customer funds with it. Sam Bankman-Fried, a founder of the exchange, was convicted on charges of fraud, conspiracy and money laundering and sentenced to 25 years in prison. The demise exposed the underbelly of the loosely regulated world of cryptocurrencies, and it devastated investors who in some cases experienced crippling financial losses. It also embroiled in legal action celebrities, influencers and venture capital firms that had endorsed the exchange, with FTX customers arguing that they had been deceived. In 2022, a group of FTX customers sued Mr. O'Neal and a string of other high-profile actors and athletes for compensation. Mr. O'Neal's $1.8 million settlement, which the filing said was finalized in April, makes him one of several defendants who have settled the suit since it was filed. Trevor Lawrence, the football player, and popular content creators were among a group who agreed in 2024 to a settlement of about $1.3 million. This settlement, which pertains only to Mr. O'Neal, still needs court approval. Sunil Kavuri, an FTX customer who has said he lost his life savings of about $2 million, welcomed the news. 'Settling with Shaquille O'Neal helps bring closure to the darkest period of our lives,' he said on Saturday. Other defendants, including Tom Brady, Gisele Bündchen, Larry David and Steph Curry, have argued for the claims to be dismissed. A judge dismissed some of the claims, which include conspiracy and deceptive practices, but allowed others to proceed. In an interview in 2023 with Vanity Fair, Ms. Bündchen said that she had 'trusted the hype' and felt 'blindsided.' The actions have not been limited to high-profile celebrities: Some YouTube influencers have also settled after FTX customers accused them of illegally promoting the exchange on their platforms. Lawyers listed for Mr. O'Neal and for the FTX customers who brought the suit did not immediately respond to a request for comment on Saturday.
CBS News
15 minutes ago
- CBS News
FBI seek man wanted in Kildeer, Illinois bank robbery
Authorities are searching for a man they said robbed a bank Friday morning in far northwest suburban Kildeer. The FBI says he robbed a Bank of America on Rand Road around 10:30 a.m. Investigators said he gave a note to the teller implying he had a gun, but he didn't pull one out. He got away with an unspecified amount of cash and drove off in a newer model GMC Acadia. No Injuries were reported. The suspect was described as a white man about 5-feet-7-inches tall, 210 pounds, and around 60 years old. He was last seen wearing a dark jacket, gray shirt, and black and silver glasses. FBI Kildeer police and the FBI are asking anyone with information, specifically anyone who was driving a Tesla vehicle in the vicinity of the bank and the Whole Foods parking lot between 10 and 10:30 a.m., to contact the FBI Chicago North Office at 847-734-9833 or the Kildeer Police Department at 847-438-6644.
CNN
39 minutes ago
- CNN
Live updates: Trump military parade, ‘No Kings' protests
Update: Date: 4 min ago Title: National Guard "twiddling their thumbs in LA" instead of stopping fentanyl trafficking, Gov. Newsom says Content: Members of the California National Guard federalized by President Donald Trump have been pulled away from efforts to stop the flow of fentanyl at the US-Mexico border, Gov. Gavin Newson claimed in a social media post yesterday. Newsom's comments on X were in response to a post by White House adviser Stephen Miller regarding the administration's border security priorities. 'You just pulled National Guard I placed at the border who were stopping fentanyl smuggling,' Newsom wrote. 'Now they're twiddling their thumbs in LA.' Remember: Trump federalized 4,000 members of the California National Guard against Newsom's will, with orders to protect federal buildings and personnel amid immigration protests in Los Angeles. On Wednesday, Newsom said Trump's deployment of guard troops to LA also threatened the state's ability to respond to wildfires. Update: Date: 8 min ago Title: About 60 veterans and military families arrested last night at US Capitol protest after crossing police line Content: A group of roughly 60 individuals were arrested outside the US Capitol yesterday evening after breaching a police line of bike racks and moving toward steps leading to the Capitol Rotunda, according to the Capitol Police. The group, made up of veterans and military family members, planned a sit-in on the Capitol steps to protest President Donald Trump deploying the National Guard and active-duty Marines in Los Angeles, as well as a military parade today, according to a news release from organizers. A group of approximately 75 protesters were demonstrating peacefully at the Supreme Court, just across the street from the US Capitol, according to a statement from the Capitol Police. As the group was leaving the area, officers began establishing a perimeter of bike racks to keep the protesters away from the Capitol. 'A few people pushed the bike rack down and illegally crossed the police line while running towards the Rotunda Steps,' the Capitol Police said. 'Our officers immediately blocked the group and began making arrests.' Police said: 'All will be charged with unlawful demonstration and crossing a police line. Additional charges for some will include assault on a police officer and resisting arrest.' The protest was organized by two advocacy groups — About Face: Veterans Against the War and Veterans for Peace. The brief sit-in followed a rally and press conference, according to the organizers' news release. 'We want a future where we invest in care for veterans, in health care, and in education, not where we spend $50 million on a parade,' said Brittany Ramos DeBarros, an Army combat veteran and organizing director of About Face: Veterans Against the War, in a statement. Update: Date: 44 min ago Title: Here's where "No Kings" protests are expected to take place across the country today Content: Millions of Americans are expected to attend protests today in what organizers predict will be the strongest display of opposition to President Donald Trump's administration since he took office in January. More than 2,000 demonstrations across all 50 states have been planned through the 'No Kings' movement, which organizers say seeks to reject 'authoritarianism, billionaire-first politics, and the militarization of our democracy.' The mobilization is a direct response to Trump's military parade tonight celebrating the 250th anniversary of the US Army — which coincides with his 79th birthday. Update: Date: 2 min ago Title: Many GOP senators aren't attending Trump's military parade and one says he would've "recommended against" it Content: The Senate Armed Services Committee chairman said he would've advised against hosting a big military parade in Washington, DC — an unease with the event reflected by some of his fellow Senate Republicans. 'I would have recommended against the parade,' Sen. Roger Wicker of Mississippi told CNN when asked for his views on the event. Wicker, the chamber's top Republican with oversight of the military, said he would be out of town attending the Paris Air Show during the parade, which coincides with President Donald Trump's birthday. Most of the GOP senators surveyed by CNN this week said they did not plan to attend: • Senate Majority Leader John Thune won't be in DC for the parade. Asked about spending some $45 million on it at a time when many Republicans are demanding government austerity, he said: 'There are a lot of people who believe that's a cause worth celebrating.' • An aide to Senate Majority Whip John Barrasso said that after being at the White House twice this week, the senator would be back in Wyoming celebrating the Army's 250th birthday and Flag Day with his constituents. • Sen. Jim Risch of Idaho, Senate Foreign Relations chairman, said he would miss the parade. 'Come on guys, we have lot of stuff to do. We have lots of parades in Washington,' he said. • Sen. Jerry Moran of Kansas will also be at the air show in Paris, and Sen. Markwayne Mullin of Oklahoma will be home celebrating his wedding anniversary, though he said he 'would love to see it.' • Sens. Kevin Cramer of North Dakota, James Lankford of Oklahoma, Josh Hawley of Missouri, John Curtis of Utah, John Kennedy of Louisianna and Chuck Grassley all won't be there. One Republican with whom CNN spoke — Kansas Sen. Roger Marshall — told reporters Thursday he plans to attend the parade.
