News

Hard Numbers: SBF’s illegal foray into politics, Meta’s role in Ethiopia’s war, more bad news for Trump, Kosovo’s EU long shot

Sam Bankman-Fried, who founded and led FTX, arrested in the Bahamas.
Sam Bankman-Fried, who founded and led FTX, arrested in the Bahamas.
Reuters

40 million: The now-disgraced FTX founder Sam Bankman-Fried, known as SBF, pumped around $40 million into the recent US election cycle, most of which went to Democratic-aligned super-PACS. Federal prosecutors say SBF illegally siphoned these funds from his crypto hedge fund.

2 billion: Meta, Facebook’s parent company, is being sued for $2 billion for allegedly enabling inflammatory rhetoric that fanned the flames of Ethiopia’s recent civil war. Among the plaintiffs is Abrham Meareg, whose father – a Tigrayan academic – was murdered in 2021 after Facebook refused to remove provocative posts written about him.

56: Most Republican-leaning voters – 56% – would prefer Florida’s Governor Ron DeSantis to be the party’s presidential nominee in 2024, compared to 33% who favor Donald Trump, according to a new Suffolk University/USA Today poll. Don’t overestimate just one poll you say? Well, a new Wall Street Journal survey found similar results. Still, it’s early days.

5: Kosovo, Europe’s youngest state, officially applied for EU member status, in a move that’s seen as a long shot. Kosovo’s path to membership is being blocked in part by five EU member states – Spain, Romania, Slovakia, Greece and Cyprus – that don’t recognize its independence.

More For You

Russian President Vladimir Putin meets with journalists to comment on new U.S. sanctions targeting two major Russia's oil producers, as well as other international issues, in Moscow, Russia, October 23, 2025.
Sputnik/Alexander Shcherbak/Pool via REUTERS

The US has paused Russian oil sanctions in a bid to stabilize energy markets rocked by the war with Iran. Administration officials stress that it’s a “tailored” measure, applying only to oil already loaded onto tankers, but it’s still a gift to Russia, which has already been clocking an extra $150 million daily in oil revenues since the war began.

A Boeing C-135 Stratotanker / Stratolifter military aircraft known as KC-135 of the United States Air Force USAF configured as Air Tanker Transport for aerial refueling, powered by 4x CFMI jet engines and tail number 63-8003. The military plane spotted flying over the Netherlands in the blue sky from Mainland USA to Tel Aviv TLV to support the Israel USA - Iran war known as Operation Epic Fury by the US Department of Defense. Venlo, the Netherlands on March 2, 2026
Photo by Nicolas Economou/NurPhoto

4: The number of crew members aboard a US refuelling plane – out of six total – who died after the aircraft crashed in neighboring Iraq on Thursday, US Central Command said this morning.