The football world has been thrown into mourning following the tragic death of former Arsenal goalkeeper Alex Manninger, who reportedly died at the age of 48 after his car was struck by a train. According to multiple international media reports, the incident occurred at a railway crossing in Austria, where Manninger’s vehicle was hit in a devastating collision. Emergency responders arrived swiftly at the scene, but efforts to revive him proved unsuccessful. Manninger, a former Austrian international, enjoyed a distinguished career across Europe, featuring for top clubs including Arsenal and Juventus. He was part of the Arsenal squad under Arsène Wenger during the late 1990s, contributing to the club’s domestic successes and earning admiration for his composure and professionalism. Tributes have begun pouring in from across the football community, with former teammates, clubs, and fans expressing shock and grief over the sudden loss. Wenger, who managed Manninger during his time in Nort...
Founder of the FTX cryptocurrency exchange, Sam Bankman-Fried,who was convicted of stealing billions of dollars from his customers, was sentenced yesterday to 25 years in prison. His sentence was a fraction of the maximum penalty of 110 years he faced, but it still ranks as one of the longest imposed on a white-collar defendant in recent years, NYT reports. The sentencing signified the finale of a sweeping fraud case that exposed the rampant volatility and risk-taking across the loosely regulated world of cryptocurrencies. In November 2022, FTX imploded virtually overnight, erasing $8 billion in customer savings. At a trial last fall, Bankman-Fried was convicted of seven counts of fraud, conspiracy and money laundering. Bankman-Fried vowed to appeal his conviction, but in remarks after his sentencing he appeared to recognize that he would be in prison for some time. “My useful life is probably over now,” he said.