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Latest line: A good week for Lateefah Simon, a bad week for Sam Bankman-Fried

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Former FTX CEO Sam Bankman-Fried leaves court in New York, on June 15, 2023. (Yuki Iwamura/Bloomberg/Getty Images/File)




Lateefah Simon

Securing a big boost in the crowded Democratic primary, BART board member and Cal State trustee wins Gov. Gavin Newsom’s endorsement to succeed Rep. Barbara Lee, D-Oakland, who is running for Senate.

 

 

 

 

Sam Bankman-Fried

The Stanford-born former CEO of cryptocurrency exchange FTX, once worth $26 billion, is convicted of seven felony counts of fraud and conspiracy. He now faces 110 years in prison.

 

 

 

Remote workers

Employees who moved to other states during the pandemic are saving money on housing, but learning that many places don’t have California’s paid sick days, family leave or other guaranteed benefits.

 


Originally published at Bay Area News Group

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