Breaking news LIVE: Ex-crypto mogul Sam Bankman-Fried convicted in FTX fraud – India News

Latest news today (November 3): Presenting FE’s Breaking News today. We will keep you updated on all major news, views and much more throughout the day.

Blinken arrives in Israel

US Secretary of State Antony Blinken has reached Israel. This is his second visit to the strife-torn region. A BBC report says that Blinken’s trip is aimed to minimise harm to civilians in the Gaza Strip.

Sam Bankman-Fried convicted in FTX fraud

FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace. A 12-member jury in Manhattan federal court convicted Bankman-Fried on all seven counts he faced after a monthlong trial in which prosecutors made the case that he looted $8 billion from the exchange’s users out of sheer greed. The verdict came just shy of one year after FTX filed for bankruptcy in a swift corporate meltdown that shocked financial markets and erased his estimated $26 billion personal fortune. (Reuters)

Delhi’s air quality worsens

Air quality in various parts of Delhi plummeted into the ‘severe’ category on Friday morning, with Mundka registering the highest Air Quality Index (AQI) at 498, according to the Central Pollution Control Board (CPCB). A thick haze shrouded the capital’s skyline as a result in the morning. In response to the deteriorating air quality, the Delhi government ordered the closure of all government and private primary schools for the next two days. Chief Minister Arvind Kejriwal announced the closures on his official account. He wrote, “In light of the rising pollution levels, all government and private primary schools in Delhi will remain closed for the next 2 days.” (Read More)

Israel says it encircles Gaza City; US to urge for ‘localised’ humanitarian pauses

Israel said it had surrounded the Gaza Strip’s biggest city and the focus of its drive to annihilate Hamas, as the United States was set to press Prime Minister Benjamin Netanyahu to agree to pauses the fighting to allow aid into the Palestinian enclave. (Reuters)

Police complaint lodged against CAB, online ticket booking portal over alleged black marketing of World Cup cricket tickets

Kolkata Police has summoned officials of the Cricket Association of Bengal and the online ticket booking portal following a complaint lodged alleging black marketing of tickets for Sunday’s ICC World Cup match between India and South Africa, an officer said. (PTI)

ED searches in Rajasthan

Enforcement Directorate searches underway at 25 locations across Rajasthan in the Jal Jeevan Mission case. Visuals from the residence of IAS officer Subodh Agarwal and IRS officer Rolee Agarwal in Jaipur, where a search is ongoing. (ANI)