The Loop: Crypto exchange FTX in turmoil, 'city of death' fears as Russia withdraws from Kherson, and Alex Jones ordered to pay Sandy Hook families more — as it happened – ABC News

The Loop: Crypto exchange FTX in turmoil, 'city of death' fears as Russia withdraws from Kherson, and Alex Jones ordered to pay Sandy Hook families more — as it happened – ABC News

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November 12, 2022 by Coinvasity
The Loop: Crypto exchange FTX in turmoil, 'city of death' fears as Russia withdraws from Kherson, and Alex Jones ordered to pay Sandy Hook families more — as it happenedFor the latest flood and weather warnings, search on ABC EmergencyThis is The Loop, your quick catch-up for this morning's news as it happens. By Tom WilliamsThat's all for

The Loop: Crypto exchange FTX in turmoil, 'city of death' fears as Russia withdraws from Kherson, and Alex Jones ordered to pay Sandy Hook families more — as it happened
For the latest flood and weather warnings, search on ABC Emergency
This is The Loop, your quick catch-up for this morning's news as it happens. 
By Tom Williams
That's all for The Loop this morning — thanks for being with us!
We'll be back next week, but in the meantime, you can stay up to date on the ABC News website and by subscribing to our mobile alerts.
If you're just joining us, here's what you need to know:
By Tom Williams
One of Donald Trump's top moneymen has admitted to breaking the law to help fellow Trump Organization executives avoid taxes on company-paid apartments and other perks, including by preparing misleading tax returns and failing to report the benefits to tax authorities.

Senior Vice President and Controller Jeffrey McConney testified at the company's criminal tax fraud trial that he filed false tax returns on behalf of a father-son executive duo whose Manhattan apartment rents were paid by the Trump Organization.
McConney, who was granted immunity to testify as a prosecution witness, also testified that a few years before Trump became US president, the company's accountant raised concerns about the way it paid out holiday bonuses.
McConney also indicated that Trump was aware of allegedly illegal tax practices at his namesake real estate company.
The Trump Organization, the entity through which Trump owns hotels, golf courses and other assets, is accused of helping some top executives avoid income taxes on compensation they got in addition to their salaries.

The company, which could be fined more than $1 million if convicted, has denied wrongdoing.
By Tom Williams
The Jillaroos have survived a scare to beat New Zealand 10-8 at the Rugby League World Cup in England.
Trailing by two in the final quarter of the match, Julia Robinson crossed the line to seal victory for Australia.
The result means the Jillaroos finish at the top of group B and will play Papua New Guinea in next week's semi-final.
You can read up on more stats from the game here:
By Tom Williams
A large section of the destroyed space shuttle Challenger has been found buried in sand at the bottom of the Atlantic ocean, more than three decades after the tragedy killed all seven crew members on board.
"Of course, the emotions come back, right?" said Michael Ciannilli, a NASA manager who confirmed the remnant's authenticity.
He said when he saw the underwater video footage (which you can see below): "My heart skipped a beat, I must say, and it brought me right back to 1986 … and what we all went through as a nation."

It's one of the biggest pieces of Challenger found in the years since the accident, according to NASA, and the first remnant to be discovered since parts of the shuttle's left wing washed ashore in 1996.
Divers for a TV documentary first spotted the piece in March while looking for wreckage of a World War II plane.
NASA verified through video a few months ago that the piece was part of the shuttle that broke apart shortly after liftoff on January 28, 1986.
By Tom Williams
A jury has ordered Academy Award-winning filmmaker Paul Haggis to pay at least $US7.5 million ($11.3 million) to a woman who accused him of rape.
The civil court trial pitted Haggis, known for writing best picture Oscar winners Million Dollar Baby and Crash, against Haleigh Breest, a publicist who met him while working at movie premieres in the early 2010s.

After a party in January 2013, he offered her a lift home and invited her to his New York apartment for a drink.
Breest, 36, said Haggis subjected her to unwanted advances and compelled her to perform oral sex and raped her despite her calls to stop.
Haggis, 69, said the publicist was flirtatious and, while sometimes seeming "conflicted", initiated kisses and oral sex in a consensual interaction.
He said he couldn't recall whether they had intercourse.
Jurors sided with Breest, who said she suffered psychological and professional consequences from her encounter with Haggis.
The jury decided that additional punitive damages should be awarded, but that amount is to be decided later.
By Tom Williams
The Taliban are banning women from using gyms and parks in Afghanistan, an official in Kabul said.
It's the religious group's latest edict cracking down on women's rights and freedoms since they took power more than a year ago.
The ban on women using gyms and parks came into force this week, according to Mohammed Akef Mohajer, a Taliban-appointed spokesman for the Ministry of Virtue and Vice.
A spokesman said the ban was being introduced because people were ignoring gender segregation orders and that women were not wearing the required headscarf, or hijab.
The Taliban have also banned girls from middle school and high school despite initial promises to the contrary, restricted women from most fields of employment, and ordered them to wear head-to-toe clothing in public.
By Tom Williams
Control of Congress hangs in the balance two days and counting after the 2022 US midterm elections.

US President Joe Biden has also spoken to supporters this morning.
For all the latest news and expert analysis, head to our US midterms live blog:
By Tom Williams
Medibank has confirmed a third round of stolen customer data has been released on the dark web overnight.
Around 240 customers have been affected by the latest breach, which reveals health records including conditions related to the harmful use of alcohol.
Medibank CEO David Koczkar said the company expects the hackers "to continue to release stolen customer data each day."

The federal government has warned the number of Australians affected by the data leak will likely grow over the coming weeks.
You can read the latest on the Medibank situation here:
By Tom Williams
A Middle East Airlines passenger plane has been hit by a stray bullet while landing in Beirut, but no injuries have been reported, according to the airline.

The company told Reuters that seven to eight stationary planes are hit by stray bullets shot from areas neighbouring Beirut airport each year, but this incident was the first time it had happened while a plane was moving.
Celebratory gunfire is a common occurrence in Lebanon, where gun ownership is widespread and weapons are fired to mark speeches by politicians and the release of official exam results, among other events.
"These practices of shooting in the air in Lebanon must be stopped … it is a source of danger to air traffic and the airport," Middle East Airlines Chairman Mohamad El-Hout said.
Lebanese lawmaker Paula Yacoubian was on the flight and shared images on her Twitter page appearing to show a hole in the fuselage of the plane.
By Tom Williams
One police officer has died and another has been injured following a stabbing attack in Brussels, which a local judicial official said was suspected to be terrorism-linked.
The suspected attacker was shot after the stabbing and taken to hospital, Belgian police said.
An unnamed judicial official told The Associated Press there was "a suspicion of a terror attack", while local media reported the attacker shouted a phrase during the attack.
Belgian Prime Minister Alexander De Croo posted a message of condolences to the family and friends of the dead officer.

"Our police officers risk their lives every day to ensure the safety of our citizens," he said.
"Today's tragedy demonstrates this once again."
By Tom Williams
Things aren't getting much better for cryptocurrency exchange FTX, with reports that authorities are now investigating the firm as traders brace for further instability in crypto prices.
The company agreed earlier this week to sell itself to bigger rival Binance after customers fled FTX over concerns about whether it had enough capital.
The crypto world hoped that Binance, the largest crypto exchange, might be able to rescue FTX and its depositors. However, Binance pulled out of the deal after taking a look at FTX's books.
There are now calls for an investigation, and a person familiar with matter has told the Associated Press that the US Department of Justice and the Securities and Exchange Commission are examining FTX to determine whether any criminal activity or securities offences were committed.
The investigation into FTX and its CEO Sam Bankman-Fried is reportedly centring around the possibility that the firm may have used customers' deposits to fund bets at a hedge fund.
Some FTX users have seen the ability to withdraw funds return to the exchange, amid reports the company was scrambling to raise about $US9.4 billion ($14.3 billion) from investors and rivals.
The company said on Twitter:
"The amounts withdrawn comprise a small fraction of the assets we currently hold on hand and we are actively working on additional routes to enable withdrawals for the rest of our userbase. We are also actively investigating what we can and should do across the world."
By Tom Williams
Conspiracy theorist and Infowars host Alex Jones has been ordered by a judge to pay an extra $US473 million ($716 million) for promoting false claims that the 2012 Sandy Hook school shooting was a hoax.
The total judgment against him in a lawsuit filed by the victims' families is now a staggering $US1.44 billion ($2.2 billion).

Connecticut Judge Barabara Bellis imposed the punitive damages on Jones and his company Free Speech Systems.
Jones repeatedly told his millions of followers the massacre that killed 20 children and six educators was staged by "crisis actors" to enact more gun control.
"The record clearly supports the plaintiffs' argument that the defendants' conduct was intentional and malicious, and certain to cause harm by virtue of their infrastructure, ability to spread content, and massive audience including the infowarriors," the judge wrote in a 45-page ruling.
Christopher Mattei, a lawyer for the Sandy Hook families, said he hoped the award sent a message to conspiracy theorists who profit from lies.
"The Court recognised the 'intentional, malicious … and heinous' conduct of Mr Jones and his business entities," he said.
By Tom Williams
By Tom Williams
By Tom Williams
Hi there. I'm Tom Williams and this is The Loop for the morning of Friday, November 11.
From conspiracy theorist Alex Jones being ordered to pay more millions, to a cryptocurrency exchange crashing and a major Russian withdrawal in Ukraine, here's what you need to know today.
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