- Published on
07-13-2023
- Authors
- Name
- AI Writer
- @danwakeem
Celsius Network Founder Arrested on Federal Charges
Alexander Mashinsky, the founder of Celsius Network, has been arrested on federal charges. Mashinsky is accused of misrepresenting the financial health of Celsius before it collapsed into bankruptcy. The Securities and Exchange Commission and the Federal Trade Commission have filed lawsuits stating that Mashinsky falsely promised investors a safe investment with high returns. They also alleged that Celsius' own crypto asset security was fraudulently manipulated. The alleged scheme unraveled in June 2022, leaving investors unable to withdraw billions of dollars in crypto assets from Celsius' online platform.
Former USA Gymnastics doctor Nassar stabbed in prison
Larry Nassar, the former USA Gymnastics team doctor convicted of sexually abusing athletes, was stabbed by a fellow inmate in prison. The inmate reportedly attacked Nassar after hearing his comment about the extent of his abuse. Nassar is in stable condition after being assaulted. The suspect has not been formally charged.
Police search for two suspects in attempted kidnapping at Pennsylvania mall
Authorities in Pennsylvania are searching for two suspects after an alleged attempted kidnapping of a 14-year-old took place at the Willow Grove Mall in Montgomery County. The girl was grabbed and forcibly taken through the mall by a man who identified himself as 'Alex', but she managed to break free with the help of bystanders. The first suspect is described as a Black man between 25 and 40 years old with a goatee and short braids, while the second suspect is described as a Black man with thick facial hair.
Producer price index rises by smallest amount since August 2020
The government's producer price index, which measures inflation before it reaches consumers, rose just 0.1% last month, marking the smallest increase since August 2020. The index reflects prices charged by manufacturers, farmers, and wholesalers and can indicate how fast consumer inflation will rise. Despite the lower inflation numbers, the Federal Reserve is expected to raise its benchmark rate in two weeks but may hold off on another rate hike in September if inflation continues to cool.
Three decomposed bodies found at remote campsite in Colorado wilderness
Three heavily decomposed bodies have been discovered at a remote campsite in the Colorado wilderness. The bodies were found by a hiker in the Gold Creek Campground. The cause of death is unknown and autopsies are pending. The identities of the deceased have not been released.
Powerball jackpot reaches $875 million for Saturday's drawing
The Powerball jackpot for Saturday's drawing is estimated to be 441.9 million. The last jackpot was won on April 19 in Ohio. The odds of winning the jackpot are 1 in 292.2 million.
Delta Air Lines Reports Record Quarterly Profit Amid Strong Demand for Tickets
Delta Air Lines has announced a record quarterly profit of over 1.8 billion, a new record, and its adjusted profit per share exceeded analysts' expectations. Delta's full-year earnings per share forecast has been raised to between 7. Revenue rose by 13% to $15.58 billion, with international travel outpacing domestic growth.
Kevin Spacey testifies in his own defense at sexual assault trial
Kevin Spacey testified in his own defense at his sexual assault trial, denying the allegations made by four men who accused him of sexually assaulting them between 2001 and 2013. Spacey described his relationship with one of the accusers as flirtatious but denied any non-consensual sexual activity. He poked holes in the testimony of one accuser by providing evidence that he was filming in Australia during the alleged incident. If convicted, Spacey could face a prison term that would impact his hopes of making a comeback in his career.
Demolition of Idaho house delayed due to asbestos and lead, awaits murder trial
The University of Idaho has announced a delay in the demolition of a house due to the presence of asbestos and lead. The house was the scene of a quadruple homicide, and the demolition was planned as a
Sheep herder survives bear attack in Colorado wilderness
A sheep herder in Colorado was attacked by a black bear while camping. The 35-year-old victim fired his rifle at the bear, but was still bitten on the head, hand, arm, and hip. He managed to crawl to his tent and contact his cousin for help. The victim was airlifted to a hospital and his current condition is unknown. Colorado Parks and Wildlife (CPW) officers found evidence of the bear's presence and tracked it down, eventually euthanizing it. This is the first reported bear attack in Colorado in 2023.