Thanks to FTX, regulating crypto should be easy
As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilize a market so rife with abuse?
No-nonsense judge takes over FTX-Bankman-Fried criminal case
NEW YORK — A Manhattan federal judge known for swift decisions and a no-nonsense demeanor during three decades of overseeing numerous high-profile cases was assigned Tuesday to Sam Bankman-Fried’s cryptocurrency case.
Putin’s and Trump’s un-secret wars on democracy
Nonstop cable news presenters were agog and aghast. They warned us, last Wednesday, that we were about to witness an epic moment. Their news worlds were about to collide.
Foreign firms: China ‘turns corner’ by ending quarantine
BEIJING — Foreign companies welcomed China’s decision to end quarantines for travelers from abroad as an important step to revive slumping business activity while Japan on Tuesday joined India in announcing restrictions on visitors from the country as infections surge.
Co-leader of Whitmer kidnapping plot gets 16 years in prison
GRAND RAPIDS, Mich. (AP) — The co-leader of a plot to kidnap Michigan Gov. Gretchen Whitmer was sentenced Tuesday to 16 years in prison for conspiring to abduct the Democrat and blow up a bridge to ease an escape.
Military police enforce driving ban in snow-stricken Buffalo
BUFFALO, N.Y. — State and military police were sent Tuesday to keep people off Buffalo’s snow-choked roads, and officials kept counting fatalities three days after western New York’s deadliest storm in at least two generations.
Women’s sports saw pivotal growth in deals, interest in 2022
South Carolina coach Dawn Staley has been around women’s basketball long enough to see the growing pains of a young WNBA league gradually shifting to increased interest in the sport at all levels.
1st 2 years revealed President Biden’s generational ambition
WASHINGTON — When he ran for the White House, Joe Biden told voters his presidency would be a bridge to the next generation. His first two years on the job have revealed it to be a much more ambitious venture.
Southwest cancels more flights, draws federal investigation
DALLAS — Southwest Airlines scrubbed thousands of flights again Tuesday in the aftermath of the massive winter storm that wrecked Christmas travel plans across the U.S., and the federal government said it would investigate why the company lagged so far behind other carriers.
Georgia built RB depth as plan for run at repeat CFP title
ATLANTA — Georgia coach Kirby Smart’s plan for a deep running back corps was based on more than making it through a 12-game regular season.
S. Korea military sorry for failing to down North’s drones
SEOUL, South Korea — South Korea’s president on Tuesday called for stronger air defenses and high-tech stealth drones while the military apologized for failing to shoot down North Korean drones that crossed the border for the first time in five years.
Cardinals’ J.J. Watt indicates he’ll retire at end of season
TEMPE, Ariz. — J.J. Watt could be a terrifying presence on a football field, hunting opposing quarterbacks with unparalleled ferocity, particularly during the early 2010s with the Houston Texans.
Green extends emergency proclamation in response to air ambulance accident
Gov. Josh Green today extended the emergency proclamation he signed Dec. 16 in response to the Hawaii Life Flight accident earlier this month.
Law protects export of sacred Native American items from US
FLAGSTAFF, Ariz. — Federal penalties have increased under a newly signed law intended to protect the cultural patrimony of Native American tribes, immediately making some crimes a felony and doubling the prison time for anyone convicted of multiple offenses.
Long COVID: Could mono virus or fat cells be playing roles?
ABritish historian, an Italian archaeologist and an American preschool teacher have never met in person, but they share a prominent pandemic bond.
Western NY death toll rises to 28 from cold, storm chaos
BUFFALO, N.Y. — Buffalo residents hovered around space heaters, hunted for cars buried in snow drifts and looked for more victims Monday, after 28 people died in one of the worst weather-related disasters ever to hit western New York.
Ocean protection measures pass U.S. House of Representatives
A package of ocean protection bills introduced by a Hawaii congressman has passed the U.S. House of Representatives.
Kona man gets 10 years behind bars for abuse of two women
A 25-year-old Kona man was ordered to spend a decade behind bars for an array of crimes committed during three separate domestic violence incidents.
Chargers reach playoffs, beat Foles, overmatched Colts 20-3
INDIANAPOLIS — The Los Angeles Chargers tried to keep their postgame playoff celebration private.
China races to vaccinate elderly, but many are reluctant
BEIJING — Chinese authorities are going door to door and paying people older than 60 to get vaccinated against COVID-19. But even as cases surge, 64-year-old Li Liansheng said his friends are alarmed by stories of fevers, blood clots and other side effects.
Hackett out as Broncos coach after Wilson’s awful game
ENGLEWOOD, Colo. — Nathaniel Hackett lost his job a day after the Denver Broncos showed more fight on the sideline and in the postgame handshake line than they did in their 51-14 loss to the Los Angeles Rams.
Dolphins QB Tua Tagovailoa in concussion protocol again
MIAMI GARDENS, Fla. — Dolphins quarterback Tua Tagovailoa has returned to the NFL’s concussion protocol, Miami coach Mike McDaniel said Monday.
Porter’s 36 points lead Rockets past Bulls 133-118
CHICAGO — Kevin Porter Jr. scored a season-high 36 points and the Houston Rockets used a 17-1 run in the third quarter to beat the Chicago Bulls 133-118 on Monday night, snapping a five-game losing streak.
New Mexico State holds off Bowling Green in Quick Lane Bowl
DETROIT — Diego Pavia threw for 167 yards and two touchdowns, and New Mexico State held off a late rally by Bowling Green to win the Quick Lane Bowl 24-19 on Monday.
Holiday sales up 7.6% despite the squeeze of inflation
NEW YORK (AP) — Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure.