In what appears to be Nigeria’s most dramatic “return on investment” complaint yet, a man on Thursday stormed the All Progressives Congress (APC) national secretariat in Abuja with a message as blunt as it was unsettling: reward me or kill me. The protest, captured in a now-viral video, shows the visibly distressed man holding a placard and demanding recognition for what he described as his personal sacrifices during the party’s 2023 campaign. According to him, loyalty was not just emotional, it was financial, physical, and, ultimately, total. In a country where political support often comes with expectations, some spoken, many implied the man’s outcry reads like a tragic audit of misplaced trust. His claim that he sold his house to fund campaign efforts has not been independently verified, but the symbolism is hard to ignore: a citizen liquidating stability in exchange for promised political dividends. Observers at the scene watched as the protester oscillated between anger and ...
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.