criminal charges
Trump indictment ends decades of perceived invincibility
When Donald Trump steps before a judge this coming week to be arraigned in a New York courtroom, it will not only mark the first time a former U.S. president has faced criminal charges. It will also be a reckoning for a man long nicknamed “Teflon Don,” who until now has managed to skirt serious legal jeopardy despite 40 years of legal scrutiny.
Trump, who is the early front-runner for the Republican presidential nomination, is expected to turn himself in Tuesday. He faces charges including at least one felony offense related to hush money payments to women during his 2016 campaign. Like any other person facing trial, he will be booked, fingerprinted and photographed before being given the chance to enter a plea.
The spectacle that is sure to unfold will mark an unprecedented moment in American history that will demonstrate once again how dramatically Trump — who already held the distinction of being the first president to be impeached twice — has upended democratic norms. But on a personal level, the indictment pierces the cloak of invincibility that seemed to follow Trump through his decades in business and in politics, as he faced allegations of fraud, collusion and sexual misconduct.
“Boy, after all this time it’s a bit of a shock,” Trump biographer Michael D’Antonio said of the indictment. “You know I always thought of him as the Gingerbread Man, shouting, ‘You can’t catch me!’ as he ran away.”
“Given his track record,” he said, “I had trouble imagining he would ever be held accountable.”
“These are not things that Donald Trump ever thought in his entire life, nor I, for that matter, that he would ever be confronted with,” Michael Cohen, Trump's longtime fixer and a key witness in the case who served jail time for the payments, told CNN.
Of course, some of the celebration by Trump's detractors may be premature. Trump could seek to have a judge quickly dismiss the case. Even if it moves forward, there's no guarantee of conviction. Intensifying investigations in Atlanta and Washington are seen as potentially more serious legal threats.
Still, Trump and his team were caught by surprise when word of the New York indictment broke Thursday evening, following news reports that the grand jury hearing the case was set for a weekslong hiatus. As the deliberations dragged on, some in Trump's orbit had become convinced that the case had stalled and that charges might never be brought. That included Trump lawyer Joe Tacopina, who said Friday morning he had hoped the “rule of law would prevail.”
Trump, he said on the “Today" show, was “initially was shocked” by news of the charges, but quickly pivoted to his usual pushback playbook.
“After he got over that," he said, Trump "put a notch on his belt and he decided we have to fight now. And he got into a typical Donald Trump posture where he’s ready to be combative on something that he believes is an injustice. ... I think he’s now in the posture that he’s ready to fight this.”
In the meantime, Trump and his team have tried to use the news to his advantage, hoping to energize his loyal base by painting the investigation as part of a larger plot to derail his candidacy.
Already, the charges have been a boon to his struggling fundraising. The campaign announced Friday evening that it had raised over $4 million in the 24 hours after the indictment became public, far smashing its previous record after the FBI search of Trump's Mar-a-Lago club.
More than 25% of donations, according to the campaign, came from first-time donors. The average contribution: $34.
His campaign also continued to blast out supportive statements from dozens of top Republicans who have rallied behind Trump, including several of his declared and likely challengers, underscoring his continued hold on the party.
Read more: Trump's potential indictment caps decades of legal scrutiny
Florida Gov. Ron DeSantis, in a speech Saturday to conservatives meeting in Camp Hill, Pennsylvania, accused the Democratic prosecutor in New York, Alvin Bragg, of weaponizing the law “for political purposes” in bringing a case against “a former president.” DeSantis said the district attorney had indicted “a former president on misdemeanor offenses” that he was “straining to try to convert into felonies.”
Trump has been in contact by phone with key congressional allies, including members of House leadership and top committees, according to people familiar with the conversations, who, like others, spoke on condition of anonymity to discuss the response.
Trump ally Rep. Jim Banks, R-Ind., who formally endorsed the former president Friday, said Trump “doesn’t back down" and was going to "fight back," telling a local radio show it was "yet another chapter where Donald Trump is going to come back on top in the end."
The media maelstrom has catapulted Trump back into the spotlight he craves, at least temporarily limiting attention being paid to his rivals, including DeSantis, who is widely expected to challenge Trump for the nomination, and has been holding events across the county to promote his book.
Trump aides have been discussing other ideas to maximize the situation, including the possibility of holding a press event either before or after the arraignment. Trump is expected to travel from Florida to New York on Monday and stay overnight at Trump Tower in midtown Manhattan before heading to the courthouse early Tuesday. He will return to Florida after the arraignment.
Trump has long denied that he had a sexual encounter with the porn actor known as Stormy Daniels and has blasted Bragg for pursuing the years-old case.
Trump is also facing continued investigations in Georgia, over his efforts to overturn the results of the 2020 election, and in Washington, where a special counsel is probing the events of Jan. 6, 2021, as well as Trump's handling of classified documents at Mar-a-Lago and potential obstruction of the investigation.
But Sam Nunberg, a longtime former aide who broke with Trump years ago, said that while he no longer supports Trump, he believes the Manhattan case is “a waste of time," given the allegations, which remain under seal. And he said he was skeptical it would ultimately matter.
“It doesn’t surprise me," he said of the indictment. “What would surprise me is if he actually ended up behind bars in prison and I don’t see that happening.”
D’Antonio said that sentiment — and a continued belief that Trump will somehow prevail and dodge the charges — continues among the many people who have reached out to him in the last 24 hours, despite the charges.
“They're like, he's going to get away with it," he said. "Somehow, he’s going to get it thrown out.”
Read more: Trump indictment and hush money investigation explained
1 year ago
FTX founder's associates enter guilty pleas to accusations in court
A federal prosecutor says two associates of Sam Bankman-Fried have pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange FTX.
Carolyn Ellison, the former CEO of Alameda Research, a trading firm started by Bankman-Fried, and Gary Wang, who co-founded FTX along with Bankman-Fried, pleaded guilty to charges “related to their roles in the fraud that contributed to FTX's collapse,” U.S. Attorney Damian Williams said Wednesday night.
The guilty pleas were announced as Bankman-Fried was being flown to the U.S. from the Bahamas by U.S. law enforcement to answer to charges tied to his role in FTX's failure.
In agreements signed with prosecutors on Dec. 19, Ellison and Wang agreed to plead guilty to charges including wire fraud, securities fraud and commodities fraud.
Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of the cryptocurrency exchange.
Bahamas's attorney general's office said that Bankman-Fried would be leaving for the United States later Wednesday, noting he had waived his right to challenge the extradition.
Reporters on the scene witnessed Bankman-Fried leaving a Magistrate Court in Nassau in a dark SUV earlier Wednesday. The vehicle was later seen arriving at a private airfield by Nassau's airport, from which he is expected to be flown to the United States. He is due to land in New York and will likely appear in front of a U.S. judge on Thursday.
“The Bahamas has determined that the provisional arrest, and subsequent written consent by (Bankman-Fried) to be extradited without formal extradition proceedings satisfies the requirements of the (extradition treaty between the U.S. and the Bahamas) and our nation’s Extradition Act,” said Bahamian Attorney General Ryan Pinder, in a statement.
Bahamian authorities arrested Bankman-Fried last week at the request of the U.S. government. U.S. prosecutors allege he played a central role in the rapid collapse of FTX and hid its problems from the public and investors. The Securities and Exchange Commission said Bankman-Fried illegally used investors’ money to buy real estate on behalf of himself and his family.
The 30-year-old could potentially spend the rest of his life in jail.
Bankman-Fried was denied bail Friday after a Bahamian judge ruled that he posed a flight risk. The founder and former CEO of FTX, once worth tens of billions of dollars on paper, had been held in the Bahamas' Fox Hill prison, which has been has been cited by human rights activists as having poor sanitation and as being infested with rats and insects.
Once he’s back in the U.S., Bankman-Fried’s attorney will be able to request that he be released on bail.
Also read: Russian military to reach 1.5M; Putin vows to win in Ukraine
Bankman-Fried was one of the world’s wealthiest people on paper, with an estimated net worth of $32 billion. He was a prominent personality in Washington, donating millions of dollars toward mostly left-leaning political causes and Democratic political campaigns. FTX grew to become the second-largest cryptocurrency exchange in the world.
He has said that he did not “knowingly” misuse customers’ funds, and said he believes his millions of angry customers will eventually be made whole.
At a congressional hearing last week, the new FTX CEO John Ray III, who is tasked with taking the company through bankruptcy, bluntly disputed those assertions: “We will never get all these assets back,” Ray said.
1 year ago
Suu Kyi appears in Myanmar court for 2nd time
Myanmar's ousted leader Aung San Suu Kyi, who has been hit by criminal charges one after another, appeared in person in court for a second time on Monday in the coup-hit country's capital Naypyitaw.
Her lawyers said the five cases being dealt with by the Naypyitaw court will enter the full-scale trial phase next week, and verdicts could be handed down as early as August.
Suu Kyi has been prosecuted for six offenses, among which five minor ones -- such as the illegal import of walkie-talkies and violation of coronavirus restrictions -- are being collectively tried at the special court.
READ: Myanmar construction magnate claims cash payments to Suu Kyi
The sixth and most serious charge is for leaking state secrets, a felony punishable by up to 14 years in prison. That case will be tried separately in the capital.
The Naypyitaw court has not conducted any substantive hearings so far, but they are expected to start in earnest on June 14 and wrap up by July 26.
The specific date for handing down the verdicts is undecided, but Khin Maung Zaw, leader of the defense lawyers team, said it could happen as early as mid-August if things proceed smoothly.
But he added that everything might not go as planned. For example, if either side raises objections, a higher court might get involved, he said.
Another defense lawyer, Min Min Soe, who also met Suu Kyi on Monday morning with other lawyers, said she asked them to arrange some money for herself, her staff and their family members who are living with her to purchase items such as food and medicine.
She was said to be living with eight people, as well her pet dog, in an undisclosed location.
READ: Myanmar residents ask Japan to push military to free Suu Kyi
Suu Kyi has told her lawyers that she and the people living with her were moved out from her former residence in the capital one day before she made her first physical appearance in court on May 24.
3 years ago