New York City Mayor Eric Adams thanked the Justice Department for ordering a halt to his criminal corruption case and castigated the prosecution as “cruel” while vowing to regain the trust of voters ahead of his upcoming election.

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has been sentenced to two years in prison for participating in what a prosecutor said was one of the largest recent financial frauds in U.S. history.

A prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year.

A judge is weighing whether to revoke Sam Bankman-Fried’s bail.