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Trump account suspension lawsuit will be settled by $25 million from Meta

US President Donald Trump has reached a $25-million (over 182 crore) settlement over the lawsuit he filed against Facebook and Chairman Mark Zuckerberg for “impermissible censorship”. Trump had claimed that Facebook suspended his account after it was requested by the government to do so. He also alleged that Meta, a fact-checking website, was acting at the government’s request when it suspended his accounts.

It is more than just Sam Bankman-Fried and his parents

Sam Bankman-Fried, the Founder of cryptocurrencies exchange firm FTX, and several co-conspirators stole $16.4 million (over 115 crore) from the firm and its customers, a federal prosecutor said on Tuesday. As per FTX lawyers, Bankman-Fried’s son had wired a $10 million (74 crore) cash gift to his parents after he expressed dissatisfaction with his $200,000 salary at FTX.