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Sam Bankman-Fried Found Guilty On Fraud, Money Laundering Chargees

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Former FTX CEO Sam Bankman-Fried Attends Hearing To Determine Bail Revocation

Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was found guilty of the seven charges levied against him in the explosive fraud case. According to reports, Bankman-Fried could face over 100 years in prison if federal sentencing guidelines are followed and there is still another trial to come next year.

For five weeks, Sam Bankman-Fried, 31, stood trial at the Daniel Patrick Moynihan U.S. Courthouse in Manhattan, N.Y. and this past Thursday (November 2), the co-founder of FTX and Alameda Research heard the guilty verdict on fraud, conspiracy, and money laundering charges.

As reported by The Washington Post, Bankman-Fried was found guilty of two counts of wire fraud, four counts of conspiracy to commit fraud, and one count to commit money laundering. If all sentencing guidelines are followed, Bankman-Fried faces several decades in prison. Sentencing will take place on March 28.

“We respect the jury’s decision. But we are very disappointed with the result,” defense attorney Mark Cohen shared in a statement. “Mr. Bankman Fried maintains his innocence and will continue to vigorously fight the charges against him.”

According to prosecutors in the matter, Bankman-Fried allegedly swindled almost $10 billion from the victims of the fraud scheme as FTX was reportedly using customer contributions to fund Bankman-Fried’s lifestyle and purchases.

“The cryptocurrency industry might be new; players like Sam Bankman-Fried might be new. But this kind of fraud, this kind of corruption, is as old as time, and we have no patience for it,” U.S. Attorney Damian Williams said of the case.

Bankman-Friend is the son of Stanford University professors Joseph Bankman and Barbara Fried, both of whom attended the trial. Fried’s mother was said to be wrought with emotion after hearing the verdict against her son.

According to those who closely followed the case, the paper trail and testimony from former romantic partner and the former CEO of hedge fund Alameda Research, Caroline Ellison, along with accounts from former FTX executives, helped sink Bankman-Fried’s defense. But it appears that it was Bankman-Fried himself who didn’t fare well during intense cross-examination sessions.

Sam Bankman-Fried is due in court again on

Photo: Michael M. Santiago / Getty

Macklemore Speaks at Pro-Palestine Rally in D.C.: ‘This Is a Genocide’

Macklemore said he didn’t expect to give a speech at the pro-Palestine demonstration on Saturday (Nov. 4) in Washington, D.C. But he found himself at a podium in front of the thousands of protesters who showed up to call for a ceasefire in the war between Israel and the militant terror group Hamas. 

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“First and foremost, this is absolutely beautiful to observe today,” the rapper said of the crowd in front of him.

“I didn’t expect to be on a microphone,” said Macklemore. “There are thousands of people here more qualified to speak on the issue of a free Palestine than myself.”

“But I will say this,” Macklemore continued. “They told me to be quiet. They told me to do my research, to go back, that it’s too complex to say something, right? To be silent in this moment. In the last three weeks I’ve gone back and I’ve done some research … I’m teachable. I don’t know enough. But I know enough that this is a genocide.”

Saturday’s protest was in response to Israel’s retaliation for the Oct. 7 Hamas terror attacks, which killed more than 1,400 people. Since then, the Israeli military’s response has killed more than 9,000 people in Gaza, according to reports from CNN, with a large percentage of fatalities that have included children, women and the elderly. 

Macklemore, who released a statement on the conflict via Instagram on Oct. 19, also shared a video from the crowd of Saturday’s rally in an Instagram Story.

In his Oct. 19 post, he wrote: “I have been in fear. I have felt a literal lump in my throat and I cannot stay silent any longer. I condemn the murder of any human. The bombings, kidnappings and murder of the Israeli people carried out by Hamas was horrific in every way imaginable. My heart deeply hurts for the Israelis that lost loved ones to such an abomination. As a father I cannot imagine if one my kids was at that festival, or was still missing after being kidnapped. It is absolutely unfathomable. But killing innocent humans in retaliation as collective punishment is not the answer. That is why I am supporting the people around the world who are calling for a ceasefire.”

Watch a clip of his speech from Saturday in D.C. below.

Sofia Coppola Hoped to Get Lana Del Rey for ‘Priscilla’ Soundtrack: ‘Didn’t Work Out With the Timing’

Lana Del Rey is not involved with the new film Priscilla, but director Sofia Coppola was open to the idea.

The Hollywood Reporter says the director first became aware of fans associating Elvis and Priscilla Presley with Del Rey — who has embodied Priscilla’s ’60s-style big hair and thick eyeliner throughout her career as an artist — while filming Priscilla.

“I’m learning that people really connect Lana Del Rey and Priscilla and I didn’t realize that, but I got a lot of requests with, ‘How is she gonna be a part of the movie?’” Coppola said in a recent interview with E! News.

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“We were hoping she could do a song for it, but it didn’t work out with the timing,” she explained.

Besides embodying Priscilla’s style, Del Rey, known as a longtime fan of the Presleys, has referenced Elvis in her lyrics. She had a demo titled “Elvis” featured in Eugene Jarecki’s Elvis documentary, The King, in 2017.

Coppola invited Del Rey to the Priscilla premiere, but the singer-songwriter couldn’t attend. She says she is “excited for her to see it.”

The film is based on Priscilla’s memoir, Elvis and Me, and follows the romance between Elvis and Priscilla, told from her perspective. It doesn’t feature Elvis’ actual music because Authentic Brands Group, the majority owner of Elvis Presley Enterprises, didn’t accept Coppola’s offer for the rights.

“They don’t like projects that they haven’t originated, and they’re protective of their brand,” Coppola told THR earlier this year. “But that made us be more creative.” 

Although the late Lisa Marie Presley, who was the only child of Elvis and Priscilla, seemingly did not approve of the way her dad was depicted in Coppola’s script, Priscilla was moved by the project.

At the movie’s Venice Film Festival showing, Priscilla embraced Coppola and wiped away tears during a standing ovation. “We haven’t talked specifically about the music, but she said, ‘You did your homework,’ ” Coppola told Billboard. “She felt it was authentic, which was so important to me.”

Priscilla, starring Cailee Spaeny and Jacob Elordi, is now playing in theaters.

Cup Noodles’ Status Makes X Users Do Double Take

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Instant noodles on white background

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The company behind Cup Noodles is releasing a new microwavable version – which has left many people reacting on social media with confusion, believing that they always were.
On October 26, the company behind the popular Cup Noodles (or “Cup of Noodles”) issued a press release proclaiming that they would be introducing a new paper-cup design that would not only be environmentally friendly but microwavable for the first time since the comfort food of Japanese ramen noodles was first introduced to the United States in 1973.

The news caught many off-guard, expressing surprise that the Cup Noodles weren’t always able to be prepared in the microwave. The truth is, the instructions on the packaging explicitly say that to prepare the dish, you need to boil water, and once it’s very hot, pour it into the cup and stir then let it sit for five minutes before it’s cooked. The Cup Noodles packaging also says no microwaving because the cup is made of polystyrene, which when exposed to high temperatures can melt or leech harmful chemicals into your food. The new packaging will be made of 40% recycled fiber, with a sleeve of 100% recycled paper.

“While Cup Noodles will continue to have that same satisfying taste and iconic look,” Nissin Foods USA President and CEO Price said in the release, “we continue to find ways to evolve the brand to support the current needs of our consumers, the environment, and the world. This updated packaging and the new paper cup marks an important milestone for Cup Noodles and a key step in our environmental commitment.” The revamp allows consumers to cook the Cup Noodles in the microwave for 2 minutes and 15 seconds. The change would be for all of Cup Noodles’ flavors including its chicken, beef, curry, vegetable, and spicy ones.

Social media users, particularly those on X formerly known as Twitter, expressed their shock and in some cases, offered up a denial of the news. (They’re not alone – a recent live poll conducted by Today showed that 56% of Americans believe that you can still microwave it.) Others took the opportunity to poke fun at those who had been putting their Cup Noodles in the microwave all these years. 

We’ve assembled a selection of the best responses below.

1. EFCY quetzali

This X user summed up the reaction of many, utilizing a confused Doberman to bring the point home.

2. Tay Da Don

3. King Brown Cow

4. AutoBrzy

The content creator asked the unspoken question, “so people have been eating cancer this whole time?”

5. YourManAdrian

This X user pointed out the clear guidelines on the packaging that have always been there.

6. Justin Harris

7. _Xins

This X user took a shot at themselves with an explosive meme.

8. Rembert Designs

Here’s What Taylor Swift & Phoebe Bridgers Ate at Minetta Tavern in New York, According to Owner Keith McNally

Taylor Swift and Phoebe Bridgers met up for dinner in New York City Friday night (Nov. 3).

Swift was photographed arriving at the Greenwich Village restaurant Minetta Tavern, where she dined with Bridgers — who’s her friend, an Eras Tour tourmate, and a collaborator (the pair recorded vault track “Nothing New” together for the Taylor’s Version re-recording of Red.) Swift was dressed for fall in an appropriate color palette of brown and orange, her wide-legged trousers topped off by a ’70s-style Gant sweater.

Restauranteur Keith McNally, owner of Minetta Tavern, shared the details of the evening in “Friday night report” Instagram post early on Saturday (Nov. 4).

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“All great with the table. Taylor Swift was with Phoebe Bridgers,” said the report, as told by Roberta Rossini Delice of Keith McNally Restaurant Group.

She described the starter: “Chef Laurent sent baked oysters and foie Gras Amouse Bouche.”

“I was near the table when Taylor Swift ate the oyster and she opened her eyes and said ‘my god! … she really liked it!” the report said.

“Then they had scallops to share,” the post said, followed by “Dover sole” for Swift and “lobster vol en vent” for Bridgers as main courses. “They drank 2 rhubarb Sophie. She was here until around 12:15.”

The report said that the pair didn’t want desserts.

Swift did oblige chef Laurent Kalkotour when a picture was requested. The snapshots were put up on Instagram, where McNally also shared a couple photos taken by the paparazzi outside the restaurant.

The report added that the staff believes Swift will return. “She really enjoyed it,” the post read, adding that her Friday night appearance stirred up a lot of activity on Minetta Lane — paparazzi and “about 100” people gathering to catch a glimpse of the star.

“Victoria, Matt, Laurent and all staff did a great job. Minetta was busy and vibrant . Great team tonight. What a night and what a restaurant!” the note concluded.

Swift just released 1989 (Taylor’s Version) and will soon be resuming The Eras Tour as it goes international. She’ll next perform in Buenos Aires, Argentina, from Nov. 9-11, followed by dates in Rio De Janeiro and São Paulo, Brazil. After a holiday break, Swifties will see her take the stage in Tokyo, Japan, in February 2024.

See the photos of Swift at Minetta Tavern on McNally’s Instagram account.

Action Bronson Rocks New Balance’s TCS NYC Marathon Kick-Off Party

“F— Kenny G!” Action Bronson playfully exclaimed halfway through his performance at New Balance‘s TCA New York City Marathon Kick-Off Party on Friday night (Nov. 3). The Queens rapper wasn’t really throwing shots at the Grammy-winning smooth jazz saxophonist, he was simply singing the praises of Matt Carrillo (aka Young Mexico), the incredibly impressive saxophonist and keyboardist that served as one of the main anchors of the band’s whimsical set.

At New Balance’s TCA New York City Marathon Kick-Off Party, sports and hip-hop continued their decades-long convergence as Action Bronson helped celebrate the imminent 26.2-mile race, as well as the latest evolution in his partnership with sports footwear giant New Balance.

After Adidas unexpectedly canceled his UltraBOOST collaboration back in 2019, Bronson teamed up with New Balance, officially announcing a new multi-item collaborative capsule with the brand back in March. Among the items in the capsule were the New Balance 990v6 “Baklava” sneaker. A few months later, a second 990v6 sneaker — named “Lapis Lazuli” — arrived exclusively on Bronson’s specializinginlife.com website (Jun. 22), receiving a global release on Jun. 30.

“I’m just enchanted by nature,” Bronson mused backstage before his performance. “Nature’s beauty. It’s natural beauty. It’s whimsical. It’s like stranger than fiction.”

Given the forest green hues and deep blues that appear across his different colorways, Bronson’s relationship with all of nature’s gifts truly inspired the design of his New Balance collaborations. Finding a home with New Balance was a special journey after the less-than-favorable way his Adidas partnership dissolved, but “I’ve been a New Balance guy for years, way before any of this other s—,” Bronson explains. “I’ve come from a family of f—ing chubby feet, flat feet, where you need a good walking shoe and something with stability and comfort as well as performance. This provides all three for my type.” To further explain, Bronson likened his foot type to “a triangle slice of pizza.”

During his set, Bronson tore through lively renditions of “Latin Grammys,” “DMTri,” and “Baby Blue,” allowing his five-member band to riff to both their heart’s desire and the audience’s pleasure. Embodying the whimsy he attributed to nature, Bronson delivered a characteristically charismatic stage show that even featured him literally touching his toes onstage and adding idiosyncratic percussion flourishes.

Cocodrillo Turbo, Bronson’s last studio effort, arrived last year, but the Billboard Hot 100 hitmaker is already formulating his next LP, although he’s purposely keeping his plans lowkey. “Lots of things [are] coming in the new year,” he teased. “Exciting things if you can’t tell how excited I am. I’m just stoned!”

The TCS NYC Marathon launches on Sunday (Nov. 5) at 8:00 a.m. EST.

Jada Kingdom Denies Servicing Pardi While He Dated Meg Thee Stallion, X Investigates

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Inaugural Caribbean Music Awards

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Social media loves a good mess to dissect. Case in point, Pardison Fontaine is currently persona non grata after Meg Thee Stallion graphically outed how he cheated on her via her new song, “Cobra.”

While Pardi is absolutely getting cooked on the Internets, investigators (that would be social media users) have determined the woman that was allegedly blessing Pardi with oral sex, in Meg’s home no less, is Jada Kingdom, a Jamaican model and singer.

However, she is denying any such claim. “i know it’s gonna drive y’all crazy to not have someone specific to terrorize for y’all president but it wasn’t me,” she wrote on her IG Stories. It’s also unconfirmed if she is currently in a relationship with Pardi.

Nevertheless, a lie travels much further than the truth—while many just ain’t convinced.

Who Is Jada Kingdom?

For those who case, she’s apparently a model, which can basically mean anything these days—no shade. She was apparently born in Jamaica and is a legit singer, though she might be more well known for appearing in Sean Kingston’s “One Way” video.

Pardi You Had One Job

But anyway, for now, Jada is trending because of her alleged shenanigans with Pardi while he was supposed to be committed to Meg Thee Stallion. The voluptuous model is also getting cooked on X, formerly known as Twitter, while getting thirsted over because, X users be horny. As was Pardi, allegedly. But Jada is also getting dragged because she seems to be a Tory Lanez supporter, too.

Peep the reactions in the gallery.

5. X Logic.

Britney Spears Embraces the Holiday Spirit While Flaunting Revealing Cutout Dress

Britney Spears is ready for the holiday season.

On Friday night (Nov. 3), the 41-year-old pop superstar shared a video of herself on social media wearing a long red cutout dress in celebration of the year-end festivities.

“Merry Halloween Christmas New Years Thanksgiving!!!” the “…Baby One More Time” singer captioned the clip on Instagram.

The brief video features Spears cheerily spinning around in home with a brightly lit Christmas tree peeking from behind in the background.

Spears has good reason to celebrate. The pop star’s new tell-all memoir, The Woman in Me, sold 1.1 copies in its first week of release, according to the Associated Press. The sales figures cover pre-orders, print sales, 3-books and audiobook versions of the book that was released on Oct. 24.

“Thank you to all the fans who made #TheWomanInMe a #1 @nytimes bestseller,” she tweeted along with a mind-blown emoji. “it means the world to me !!! Love you all [three kiss emoji] !!!”

The book chronicles Spears’ rise to fame, her relationship with fellow child star Justin Timberlake, and her life under a highly restrictive 13-year conservancy. The hype surrounding the memoir also provided a bump to Spears’ catalog, with streams up 21% in the days leading up to its release.

See Spears’ post on Instagram below.

What You Didn’t See Backstage at the Rock & Roll Hall of Fame Induction Ceremony: Sheryl Crow, Carrie Underwood & More

This year’s Rock & Roll Hall of Fame induction ceremony was a roller coaster ride of emotions, surprise appearances, heartwarming speeches and, of course, good music. Plus, both the class of 2023 inductees and the night’s performers were more diverse than ever, thanks to the Hall’s ongoing efforts to recognize a broader range of genres as well as the women and people of color who have permanently changed the landscape of music for the better (in spite of what exiled co-founder Jann Wenner may have said earlier this year, something that made for a sizzling diss in Bernie Taupin’s acceptance speech).

And whether it was from the audience or behind the scenes, Billboard was there at Barclays Center in Brooklyn, New York, on Friday night (Nov. 3) to capture it all. The evening’s inductees included Kate Bush, Sheryl Crow, Missy Elliott, George Michael, Willie Nelson, Rage Against the Machine, The Spinners, DJ Kool Herc, Link Wray, Chaka Khan, and Bernie Taupin, while the performers list spanned Adam Levine, Carrie Underwood, Chris Stapleton, Elton John, H.E.R., Ice-T, LL Cool J, Miguel, New Edition, Olivia Rodrigo, Queen Latifah, Sia, Stevie Nicks and St. Vincent — several of whom stopped backstage to answer one-on-one questions from Billboard, address the press room as a whole or simply take photos.

For the first time ever, the ceremony was live-streamed, meaning fans everywhere could tune in via Disney+ to watch in real time. But to find out what cameras didn’t catch, keep reading below to see what you missed backstage at the Rock & Roll Hall of Fame induction, including exclusive Billboard interviews with Sheryl Crow, Carrie Underwood and more:

Kourtney Kardashian Gives Birth to a Baby Boy, Her First Child With Travis Barker: Reports

He’s here! Kourtney Kardashian has given birth to her first child with husband Travis Barker, People reports, citing sources.

The little boy is the Blink-182 drummer’s fourth child. He’s dad to Landon and Alabama, and stepdad to Atiana with ex-wife Shanna Moakler. The Kardashians star shares kids Mason, Penelope and Reign with former partner Scott Disick.

Ahead of the newborn’s arrival, Barker revealed on the One Life One Chance podcast that the couple had selected the name Rocky Thirteen Barker. “I was like, ‘He’s going to come out of my wife’s vagina doing front kicks and push-ups,’” he joked at the time, and also revealed that the reality TV personality was due on Halloween or “the first week of November.”

One person who’s fully on board with the baby boy’s name? His big sister Alabama. “It’s a cool name,” the 17-year-old told E! News. “We all have very authentic, weird names … I love Rocky, I do.”

Barker and Kardashian — who married in May 2022 — announced her pregnancy during a Blink-182 concert in June. During the show at the BMO stadium in Los Angeles, the Poosh founder held up a sign that read “Travis I’m Pregnant,” recreating a scene from the band’s “All the Small Things” music video.

The reality star has shared her pregnancy journey with fans, posting photos of her baby bump on social media. But in September, she shared a scary update, revealing that she had to have “urgent fetal surgery.”

“As someone who has had three really easy pregnancies in the past, I wasn’t prepared for the fear of rushing into urgent fetal surgery,” she wrote on Instagram at the time. “I don’t think anyone who hasn’t been through a similar situation can begin to understand that feeling of fear. I have a whole new understanding and respect for the mamas who have had to fight for their babies while pregnant.”

She also thanked doctors for saving her little boy’s life, as well as Barker for rushing home while touring overseas to be by her side. Kardashian concluded her post, “Walking out of the hospital with my baby boy in my tummy and safe was the truest blessing.”