joe tidy, bbc news. david gerard is the author of the attack of the 50 foot blockchain.ou know, he fooled a lot of people as we heard in that report, is it still something of the wild west in cryptoworld? it something of the wild west in cryptoworld?— something of the wild west in c toworld? , , cryptoworld? it is the wild west, ftx cryptoworld? it is the wild west, m turned _ cryptoworld? it is the wild west, ftx turned out _ cryptoworld? it is the wild west, ftx turned out to _ cryptoworld? it is the wild west, ftx turned out to be _ cryptoworld? it is the wild west, ftx turned out to be a _ cryptoworld? it is the wild west, ftx turned out to be a hot - cryptoworld? it is the wild west, ftx turned out to be a hot air i ftx turned out to be a hot air balloon and it popped. the largest cryptoexchange admitted to being a criminal conspiracy to commit money laundering. that exchange is still going, so you can make money in crypto but you should tread carefully. crypto but you should tread carefully-— crypto but you should tread carefull . ~ . , ., , carefully. what lessons

joe tidy, bbc news.ed is likely to face. well, his lawyers would like a handful of years, 5 to 6, and us prosecutors are calling for about 50. so we'll probably see something around, i think 25 could be a reasonable guess at this stage. and do you think, i mean, what do you think about the verdict that was handed down to him? what was it? was it did that seem fair? oh, for sure. this is an egregious crime. and commentator that was just talking before absolutely had it spot on, there's nothing new about money laundering and fraud, it's one of the oldest things in law, and they have to throw the book at him to make an example for the rest of the world, because cryptocurrency is still highly unregulated. and how much damage has he done, do you think, to the whole idea of cryptocurrency, or the brand of it? well, he maybe has done a great public service in showing that this is in many ways a ponzi scheme, totally unregulated. there's a reason central banks are not going near it yet. and really, it's a great

here's joe tidy.ly been in one direction. but in the last few weeks, it's all changed. almost hourly now, this virtual currency is hitting new all—time highs. the reason? well, it's mostly down to this place. injanuary, traders from us investment giants were given the green light by us watchdogs to start selling products linked directly to bitcoin. as a result, they've spent billions buying up coins. further stoking the fire, today uk financial authorities say they too are open to allowing some trading based on crypto assets. some are now wondering just how far this virtual currency can go. some people think that the potential of bitcoin is to replace all other currencies, and there are shops and restaurants like this one in london that accept bitcoin. ijust bought this £7 burger, for example, which was 0.00009 bitcoin. but the way prices are going now, who knows what it will be worth tomorrow? i don't think we are going to see bitcoin becoming a genuine currency. what i think we're seeing it become i

so i recommend that, joe tidy with a lot of really fascinating background detail. we get more detail from the courthouse. let's move on to the middle east. close quarters fighting has continued between israeli forces and palestinian gunmen in the gaza strip, particularly around three of the territory's hospitals. the israeli military says its eleven—day siege of al—shifa hospital in gaza city has resulted in the killing of at least 200 hamas and islamicjihad fighters. a spokesman for the palestinian civil defence says innocent people have been killed, and that there were women and children trapped by the fighting. aside from that, there's been a lot of focus on the comments made by the un to the bbc. the united nation's most senior human rights official, volker turk, says, there is a "plausible case" that israel is using "starvation as a weapon of war". i spoke to james elderfrom the un children's agency, unicef, and he described some harrowing details of what children and teenagers have been saying to him. we get asked so constantly about, "do people still have ho

with me is our cyber correspondent, joe tidy, who was the last person to interview bankman—fried before in december 2022. in terms of what the prosecutors want here, it is between a0 and 50 years, that is what they are pressing for. years, that is what they are pressing for-— years, that is what they are pressing for. years, that is what they are ”resin for, . ., ., ., , ., pressing for. we have already heard from the judge _ pressing for. we have already heard from the judge from _ pressing for. we have already heard from the judge from inside - pressing for. we have already heard from the judge from inside the - pressing for. we have already heard| from the judge from inside the court that he has come down from that top bracket, so it will not be that much. we went into today thinking it wouldn't be that much. the potential was 110 years, if you add up the maximum the charges, but we are now deciding, thejudges deciding whether a not to change his mind. we will have a bedside of the argument, the defence say there isn't much real world harmed us both sides. they have recovered a lot o

joe tidy, bbc news.orth america business correspondent michelle fleury in new york with the latest. this is the news we have all been waiting for. what was the reaction to the sentence, 25 years? this waiting for. what was the reaction to the sentence, 25 years?- waiting for. what was the reaction to the sentence, 25 years? this is a meteoric rise _ to the sentence, 25 years? this is a meteoric rise and _ to the sentence, 25 years? this is a meteoric rise and fall _ to the sentence, 25 years? this is a meteoric rise and fall is _ to the sentence, 25 years? this is a meteoric rise and fall is that - to the sentence, 25 years? this is a meteoric rise and fall is that we - meteoric rise and fall is that we are witnessing here of this crypto one—of—a—kind sam bankman—fried. as we havejust one—of—a—kind sam bankman—fried. as we have just heard that federal prosecutors have been asking for 40-50 prosecutors have been asking for 40—50 years but lawyers for mr bankman—fried said he should get closer or less than

joe tidy, bbc news.rrespondent erin delmore is at the court in new york with the latest. hello. the world is watching because this is essentially going to be a president in the world of crypto currency. what has happened so far this morning? == currency. what has happened so far this morning?— this morning? -- president. this is a big moment _ this morning? -- president. this is a big moment not _ this morning? -- president. this is a big moment notjust _ this morning? -- president. this is a big moment notjust for- this morning? -- president. this is a big moment not just for the - this morning? -- president. this is. a big moment notjust for the crypto industry but the final note in sam bankman—fried's. he personally is in court this morning, a prison outfit with two uniformed guards behind him. at stake here today is the judge decides what punishment fits the crime. what is being debated in that courtroom behind me right now is the size and scale of the crime. thejudge made clear that is the size and

joe tidy, bbc news. blogger who has been writing about cryptocurrencies since 2016, she's in los angeles. we will discuss this with her. welcome to the programme, amy. from a penthouse to present, his lawyers are calling for leniency. what do you think the sentence will look like? it’s sentence will look like? it's hard to say- _ sentence will look like? it's hard to say. his _ sentence will look like? it�*s hard to say. his lawyers are asking for about six and a half years, but the government wants to see him put behind bars for 40-15 to see him put behind bars for 40—15 years, it will be up to judge lewis kaplan to decide and, from what they understand, he is kind of a toughjudge and he is kind of a toughjudge and he has seen sam in action as sam, he had to revoke sam's ale after sam, multiple times, try to tamper with witnesses. qm. to tamper with witnesses. ok, so we will _ to tamper with witnesses. ok, so we will see _ to tamper with witnesses. ok, so we will see later _ to tamper with witnesses. ok

joe tidy, bbc news.go because the plastic brick maker hung onto its place as the world's top toy firm last year. that's despite a slump in china and what it called the most downbeat toy market in 15 years. global toy sales fell 7% last year but sales in lego were up 2% driven by strong growth in the united states and central and eastern europe. lego boss niels christiansen told me new stores and a range of new products has helped the company keep growing. usually that comes from taking market share. and we've taken market share very broadly globally in basically all different markets. we have a very strong brand. the brand stands really strong. we have a very well resonating portfolio of products. we increased it to 780 products, of which 50% were actually new. and that has, i think, done really well across. we've invested behind digitalization, we've opened new stores and we made good progress on sustainability. so all in all, i'm very satisfied. talk to me about opening new stores because you have more

joe tidy, bbc news. us presidentjoe biden has proposed a $7.3 trillion dollar budget.mber's us presidential election. here's more from the bbc�*s north america business correspondent michelle fleury in new york. president biden outlined his election year budget pitch. it includes tax breaks for families, lower health care costs and higher taxes on the wealthy and corporations, as well as trying to get more money to help ukraine defend itself against russia and for aid for israel. now, if the biden budget became law, it would save $3 trillion through higher taxes over ten years, but it would also push us debt over 100% of gdp. by contrast, donald trump's economic vision is for more tariffs to pump more oil and to cut taxes. president biden has made kitchen sink issues a central part of his re—election message, trying to win over americans unhappy with the post—pandemic economy. although this budget proposal has little chance of being approved by congress, it is a blueprint of what the future could hold if the democrats win in november. there is more on all those stories

with me is our cyber correspondent, joe tidy, who was the last person to interview bankman—fried beforeou reflect first of all on what your impressions were of this man because when we see the image of him, he looks like an overgrown teenager, channelling teenager computer geek look. that teenager, channelling teenager computer geek look.— teenager, channelling teenager computer geek look. that is what you not. he computer geek look. that is what you got- he turned _ computer geek look. that is what you got- he turned un _ computer geek look. that is what you got. he turned up to _ computer geek look. that is what you got. he turned up to the _ computer geek look. that is what you got. he turned up to the interview i got. he turned up to the interview in white socks, shorts and sandals and his hairas in white socks, shorts and sandals and his hair as we have entered from the trial, part of his brand, that is what he wanted to show the world how he was. we had an interview in a luxury apartment he owned in the bahamas, it was a very strange period where the empire had collapsed, there we

joe tidy, bbc news.r announcing his resignation. in the last few minutes, he has said that haiti wants peace, need sustainability and sustainable development and to rebuild democratic institutions. he says he is asking all haitians to remain calm and ask for peace and stability to come back as soon as possible. let's speak tojean—martin bauer, world food programme country director for haiti. he isjoining us from the capital port au prince. can you tell us how bad the humanitarian situation is at the moment in haiti? i humanitarian situation is at the moment in haiti?— humanitarian situation is at the moment in haiti? i need to clarify that i am moment in haiti? i need to clarify that i am in _ moment in haiti? i need to clarify that i am in the _ moment in haiti? i need to clarify that i am in the second _ moment in haiti? i need to clarify that i am in the second city, - that i am in the second city, about 150 kilometres from port—au—prince. the situation in port—au—prince and got quite dramatic, with t

with me is our cyber correspondent, joe tidy, who was the last person to interview bankman—fried beforeer 2022. i want to let you see a clip when you asked sam bankman—fried whether he was incompetent or fraudulent, which has been one of the key elements of the criminal case. were you incompetent, or were you fraudulent? i didn't knowingly commit fraud. i don't think i committed fraud. i didn't want any of this to happen. i was certainly not nearly as competent as i thought i was. it was a really bad mistake, and it hurt a lot of people. and that's on me, one way or another. how did you find him? use from the interview, how did you find him? use from the interview. he _ how did you find him? use from the interview, he always _ how did you find him? use from the interview, he always said _ how did you find him? use from the interview, he always said he - how did you find him? use from the interview, he always said he did - interview, he always said he did something wrong, he said, yes, and later really bad business decisions, and he said that to other reporters who all went to his luxury

joe tidy, bbc news.now, home of lego, because the plastic brick maker hung onto its place as the world's top toy firm last year. that's despite a slump in china and what it called the most downbeat toy market in 15 years. global toy sales fell 7% last year but sales in lego were up 2% driven by strong growth in the united states and central and eastern europe. lego boss niels christiansen told me new stores and a range of new products has helped the company keep growing. 0bviously that comes from taking market share. and we've taken market share very broadly globally in basically all different markets. we have a very strong brand. the lego brand stands really strong. we have a very well resonating portfolio of products. we increased it to 780 products, of which 50% were actually new. and that has, i think, done really well. we've invested behind digitalisation, we've opened new stores and we made good progress on sustainability. so all in all, i'm very satisfied. talk to me about opening new stores becau

joe tidy, bbc news. with me is technology author and commentator, stephanie hare.ison, how long do you think he will get? his is going to prison, how long do you think he will get?— is going to prison, how long do you think he will get? his lawyers would like a handful— think he will get? his lawyers would like a handful of— think he will get? his lawyers would like a handful of years, _ think he will get? his lawyers would like a handful of years, five, - think he will get? his lawyers would like a handful of years, five, six, . like a handful of years, five, six, us prosecutors are calling for 50. we will probably see something around 25, reasonable gas. what we will probably see something around 25, reasonable gas. what do ou think around 25, reasonable gas. what do you think about _ around 25, reasonable gas. what do you think about the _ around 25, reasonable gas. what do you think about the verdict - around 25, reasonable gas. what do you think about the verdict handed i you think about the verdict handed down? did it seem fair? for you think about the verdic

tidy or cyber correspondentjust getting into place beside me.as come and we had talked the last time about an hour or so ago when we knew the prosecutors are going between a0 and 50 years. in the end landing on 25. yes. going between 40 and 50 years. in the end landing on 25.— going between 40 and 50 years. in the end landing on 25.- i l the end landing on 25. yes. 20. i think there _ the end landing on 25. yes. 20. i think there has _ the end landing on 25. yes. 20. i think there has been _ the end landing on 25. yes. 20. i think there has been a _ the end landing on 25. yes. 20. i think there has been a correctionj think there has been a correction of. i think there has been a correction of. .. . think there has been a correction of. ., , ., think there has been a correction of. ., , ., of. i was in a lift! i suppose in a sense it is _ of. i was in a lift! i suppose in a sense it is halfway _ of. i was in a lift! i suppose in a sense it is halfway between - of. i was in a lift! i suppose in a sense it is halfway between the j of. i was in a li

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there is no issue, no question, no concern about joe biden for which the answer is, donald trump. >> here we are, you guys, donald trump is a presumptive gop nominee for the third time despite the fact he is twice impeached, four-time criminal and tidy, racist, found liable for fraud and band for doing business in the state of new york for three years straight half 1 billion of fines, millions in, tried to distort a country and another to help him win in 2016. actively undermined the nations to a pandemic. it's about to go on trial to breaking. orchestrated a month long coup. so classified documents and obstructed to get them back. never once won the popular vote. rejected by the majority of americans election after election. strange conspiracy theories like climate change. glitches on one, two, three syllable words. cannot spell his name, his wife's name, or the word, and i did. unprecedented, stolen, or -- on top of everything else, the single weirdest and most offputting human being on the face of the planet. this is the same planet ted cruz lives on, so that is saying something.