New York
Protestors Demand Justice After Jordan Neely Chokehold Death Ruled Homicide
Jordan Neely, the Black man who was killed on a New York City subway train, had his death ruled as a homicide as many demand justice. The post Protestors Demand Justice After Jordan Neely Chokehold Death Ruled Homicide appeared first on The Latest Hip-Hop News, Music and Media | Hip-Hop Wired.
NYPD Filmed Audience Leaving Drake Concert
An NYPD officer filmed the audience leaving Drake’s January 21st concert at the Apollo Theater in New York. Cell phone footage shared on Twitter by the New York Times’s Jon Caramanica captured a uniformed officer holding a camera as the crowd filed out of the main entrance of the Apollo. In a statement to Consequence, a spokesperson for the Office of the Deputy Commissioner, Public Information wrote, “The officer depicted in the video is a Community Affairs officer involved with the 28th Precinct’s social media team. The officer was taking video for an upcoming Twitter post that will highlight local community events. The video will not be utilized for any other reason.” Advertisement Related Video The video stoked concerns on social media about the NYPD engaging in surveillance o...
NYPD Officer Blasted By Mayor For Punching Black Staten Island Girl
HipHopWired Featured Video The NYPD found itself in poor public light once again after an incident between an officer and a Black teenager was caught on video and went wide. The scuffle caught the attention of New York Mayor Eric Adams, who spoke out about the actions of the officer that was later suspended as an investigation was launched. According to a report from NBC 4 New York, the unnamed NYPD officer was near Port Richmond High School and I.S. 5 and en route to detain a 14-year-old girl when the teen’s younger sister reportedly swung at the officer, prompting him to hit her back. The older sister also reportedly reached for the officer’s handcuffs and struck him as well. More from NBC 4 New York: Related Stories The 14-year-old was arrested and the younger sister given a juvenile re...
Alex Mashinsky sued by NY AG for allegedly hiding Celsius’ ‘dire financial condition’
New York Attorney General Letitia James has filed a lawsuit against Alex Mashinsky, alleging the Celsius founder and CEO made numerous “false and misleading statements” which led to investors losing billions. In a Jan. 5 announcement, the New York Attorney General’s office announced the lawsuit, which allegedly involved defrauding investors — including more than 26,000 residents of the U.S. state — out of billions of dollars worth of crypto. According to James, Mashinsky’s actions leading up to Celsius declaring bankruptcy contributed to investor losses by misrepresenting the platform’s financial condition and failing to abide by certain regulatory requirements. “As the former CEO of Celsius, Alex Mashinsky promised to lead investors to financial freedom but led them down a path of f...
Coinbase agrees to $100M settlement with NY regulator
The New York State Department of Financial Services, or NYDFS, has reached an agreement with Coinbase following an investigation into the cryptocurrency exchange’s compliance program. In a Jan. 4 announcement, the NYDFS said Coinbase will pay a $50-million fine in response to violations of New York’s financial services and banking laws, as well as invest $50 million to correct its compliance program. According to the financial regulator, the crypto exchange had many compliance “deficiencies” related to anti-money laundering (AML) requirements. The NYDFS reported issues with Coinbase’s process for onboarding users and monitoring transactions. “Coinbase has acknowledged its failures in this respect to the Department,” said the NYDFS. “Furthermore, certain of these issues have been known to C...
Rep.-elect George Santos Admits To Lying On His Résumé
Written By D.L. Chandler , Senior Editor Posted 15 hours ago @dlchandler123 D.L. Chandler is a veteran of the Washington D.C. metro writing scene, working as a journalist, reporter, and culture critic. Initially freelancing at iOne Digital in 2010, he officially joined the iOne team in 2017 where he currently works as a Senior Editor for Cassius Life and Hip-Hop Wired. D.L. covers a variety of topics including breaking news, politics, Hip-Hop music and culture, fashion, and Black history. He currently heads the SPIRIT.ED column for Cassius Life, which focuses on adult beverages and their history. D.L. has worked in the past for MTV News, Billboard, and several other publications. His first big break in journalism came with the now-defunct Politically Black in 1999, the nation’s first...
FTX paid $12M retainer to a New York law firm before bankruptcy filing
Defunct crypto exchange FTX paid a retainer of $12 million to bankruptcy lawyers as security for payment of its fees and expenses amid Chapter 11 bankruptcy proceedings, shows a court filing dated Dec. 21. Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services. In addition, the filing confirmed that over the past 90 days, i.e., since Aug. 26, 2022, FTX paid nearly $3.5 million to S&C. Snippet of the court filing revealing FTX’s historical payments to S&C law firm. Source: aboutblaw.com Based on the information provided, FTX paid at least $15.5 million to avail and retain the legal services of S&C. The filing further revealed that S&C currently ...
Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
The ongoing legal proceedings around former FTX CEO Sam Bankman-Fried (SBF) took a new turn as District Judge Ronnie Abrams withdrew her participation from the case. The United States District Court for the Southern District of New York rescued itself from the FTX case after revealing that a law firm — which employs Abrams’ husband as a partner — had advised the crypto exchange in 2021. In a Dec. 23 filing, Judge Abrams revealed that her husband, Greg Andres, is a partner at Davis Polk & Wardwell, a law firm where he has been employed since June 2019. Additionally, it was highlighted that the law firm had advised FTX in 2021. Abrams also stated that the law firm represented parties that may be adverse to FTX and SBF in other legal proceedings. “My husband has had no involvement i...
10 Photos That Capture the Jaw-Dropping Production of Time Warp
The fifth U.S. edition of Time Warp was an extraordinary celebration of hard-hitting techno. Following events in Mannheim and São Paulo, the renowned techno brand touched down in New York for a two day festival on November 11th and 12th. Combining global esteem with local acumen, the event was put together in partnership with one of the city’s top dance music organizers, Teksupport. The two-day festival took place at a sprawling warehouse in Brooklyn’s secluded Navy Yard, a regular spot for Teksupport shows and the perfect hideaway for deep, dark dance music. As always, Time Warp brought forth some of the best names in underground dance music. The event starred Drumcode boss Adam Beyer, Afterlife’s Mind Against, “Queen of Techno” Nicole Moudaber, melodic Ukrainian supe...
New NPR Profile Celebrates The Intersection Of Double Dutch And Hip-Hop
Source: China News Service / Getty A new NPR profile this week celebrates the art and legacy of jumping double dutch–the game that came to create and define Black Girl Magic as the artform enters its 50th year as an organized sport. “Double Dutch is Black girl magic. It came from a union of young girls in their community getting together to socialize, and to engage in each other’s dreams and ambitions,” Lauren Walker, president of the National Double Dutch League told NPR. In 1973, two New York City policemen, Ulysses Williams and Lauren Walker’s father David A. Walker established Double Dutch as a team sport and got it into schools. The following year, more than 600 people participated in the first New York City tournament. Five years later, four New York d...
New NPR Profile Celebrates The Intersection Of Double Dutch And Hip-Hop
Source: China News Service / Getty A new NPR profile this week celebrates the art and legacy of jumping double dutch–the game that came to create and define Black Girl Magic as the artform enters its 50th year as an organized sport. “Double Dutch is Black girl magic. It came from a union of young girls in their community getting together to socialize, and to engage in each other’s dreams and ambitions,” Lauren Walker, president of the National Double Dutch League told NPR. In 1973, two New York City policemen, Ulysses Williams and Lauren Walker’s father David A. Walker established Double Dutch as a team sport and got it into schools. The following year, more than 600 people participated in the first New York City tournament. Five years later, four New York d...
Nexo leaving US, says country lacks clear regulations
The crypto borrowing and lending platform Nexo plans to gradually cease operations in the United States “over the coming months,” according to a blog post on Dec. 5. Nexo has stated that the decision to leave the U.S. is “regrettable but necessary.” Today we are announcing the regrettable but necessary decision that Nexo will be phasing out its products and services in the United States due to a lack of regulatory clarity. — Nexo (@Nexo) December 5, 2022 In the post, Nexo said that it has been talking to U.S. regulators for 18 months in an attempt to determine how to comply with U.S. financial laws. But these talks have not resulted in an agreement between the company and U.S. officials. “Our decision comes after more than 18 months of good-faith dialogue with US state and federal reg...
