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Local 10 News @ 5AM

The latest local, regional and national news events of the morning are presented by the Local 10 News Team along with updated sports, weather and traffic.

A rip current statement in effect for Coastal Broward and Coastal Miami Dade Regions

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A rip current statement in effect for Coastal Broward and Coastal Miami Dade Regions

ANTHONY SCARAMUCCI


Anthony Scaramucci Invests In Former FTX US CEO’s New Company Showing New Interest In Crypto

In an email shared with Bloomberg, Scaramucci said he would invest his money in the project to show his support for Harrison. “Anthony has been a true mentor and friend to me since I joined the crypto industry two years ago,” Bloomberg quoted Harrison saying in the email. In a series of tweets, Harrison raised concerns about FTX founder Sam Bankman-Fried’s mental health and addiction. In one of his tweets, Harrison said he is looking forward to working with the new partners. KELLY SULLIVAN/BENZINGAFTX bought a 30% stake in SkyBridge Capital in September before the crypto company filed for bankruptcy in November.

thewestsidegazette.com

Sam Bankman-Fried's cryptocurrency exchange FTX files for bankruptcy

Sam Bankman-Fried's cryptocurrency exchange FTX has filed for bankruptcy.

cnbc.com

Scaramucci talks FTX, Sam Bankman-Fried and 'the worst week in cryptocurrency history'

Anthony Scaramucci spoke about friend and business partner Sam Bankman-Fried on Squawk Box Friday morning.

cnbc.com

Wall Street eager to strike deals with Saudi Arabia, despite political concerns

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

npr.org

Cuomo’s return: Ex-gov launches podcast, laments downfall

Fourteen months after resigning in a sexual harassment scandal, former New York Gov. Andrew Cuomo is looking to elbow his way back into the public eye.

Why is Britain comparing its prime minister to a lettuce?

Some are counting down to the expiration of Prime Minister Liz Truss's political career.

washingtonpost.com

Trump Knows Rigged Election Claim Is 'A Lie,' Says Ex-Insider Anthony Scaramucci

Information about Donald Trump's state of mind leading up to the Jan. 6 insurrection could be critical if any charges are filed against him.

news.yahoo.com

Crypto industry wields its influence in Washington after pouring over $30 million into campaigns

Crypto executives and lobbyists are moving to gain a foothold in Washington as lawmakers scramble to find a way to regulate the industry.

cnbc.com

Anthony Scaramucci says he's 'not quite convinced' on the recession signal the bond market flashed

A key recession signal flashed in the bond market this week, but SkyBridge Capital's Anthony Scaramucci said he would be cautious on predicting a downturn.

cnbc.com

'Take a chill pill, stay long' — Anthony Scaramucci says bitcoin's recent plunge won't last

The SkyBridge Capital founder told CNBC on Tuesday he advises his own clients to invest in cryptocurrency, but without getting overexcited.

cnbc.com

Dozens of former Trump officials including John Kelley and Stephanie Grisham are formulating plans to thwart their former boss in 2022 and 2024

Miles Taylor, a Trump official turned prominent anti-Trump critic, led a conference call with former officials, and told CNN that the participants were "overflowing with ideas" on how to stop Trump.

news.yahoo.com

Anthony Scaramucci says he sees inflation as transitory, not a long-term problem

Inflation pressures in the economy today are temporary and are not long-term problems, according to hedge fund investor Anthony Scaramucci.

cnbc.com

Those who do their homework end up investing in bitcoin, Scaramucci says

Anyone who studies bitcoin carefully and understands the cryptocurrency will be convinced of its potential, said hedge fund investor Anthony Scaramucci.

cnbc.com

Scaramucci says he hopes the Trump SPAC keeps soaring so he doesn't run for president again

"The more it goes up, the less likelihood Donald Trump is running for president in 2024," Anthony Scaramucci told CNBC on Friday.

cnbc.com

Troubled Chinese airline group proposes paying 40% of debts

HNA Group, a Chinese airline operator that ran into financial trouble after a global acquisition spree, has proposed a plan to settle $61 billion in debts owed to thousands of creditors by paying 40% of the total.

Scaramucci's SkyBridge accelerates its move into crypto with a blockchain partnership

SkyBridge Capital's Anthony Scaramucci is stepping up his firm's move into the cryptocurrency world.

cnbc.com

SkyBridge founder Scaramucci on his firm's Covid vaccine mandate: 'This is a freedom issue for all people'

"This is a freedom issue for all people. The vaccines will create more freedom, not less freedom," Scaramucci told CNBC.

cnbc.com

'Don’t want to get vaccinated, leave' — hedge fund founder mandates Covid shots in his office

"If somebody wants to fight me over the vaccine mandate, that's fine. Let's take it to the court," SkyBridge's Anthony Scaramucci told CNBC on Friday.

cnbc.com

Chicago banker convicted in loans-for-Trump job scheme

A Manhattan jury on Tuesday convicted a Chicago banker of criminal charges for enabling Paul Manafort to get $16 million in loans before the former campaign manager for ex-President Donald Trump helped him get an interview for a job in the Trump administration. The jury returned its verdict in federal court, convicting Stephen Calk of financial institution bribery and conspiracy charges. Calk’s lawyers had maintained their client did nothing illegal in the weeks after Trump won the presidential election in November 2016.

news.yahoo.com

Scaramucci says China’s Didi crackdown as assault on capitalism, ‘form of political terrorism’

"We've got to give a big pushback to what's going on because it's an assault on capitalism," Hedge fund founder Anthony Scaramucci told CNBC.

cnbc.com

Anthony Scaramucci says he accepts bitcoin's volatility, sees upside as it challenges gold

Bitcoin is still a "very good performer" so far in 2021 despite its recent tumble, says Skybridge Capital's Anthony Scaramucci.

cnbc.com

Anthony Scaramucci says it's not too late to buy bitcoin — just look at Amazon's run since 2009

SkyBridge Capital founder Anthony Scaramucci believes bitcoin can move even higher over the long term and become a less volatile asset as adoption picks up. Amazon shares have surged more than 3,600% from the company's IPO in May 1997 to May 2009. Bitcoin's value by market cap has nearly doubled this year alone, according to CoinDesk data. In 2018, however, bitcoin lost about 80% of its value in what's now known as the "crypto winter." Scaramucci, whose firm has a bitcoin fund, said the currency is still in a "transitory period," like Amazon shares years ago.

cnbc.com

China's HNA Group says creditors want it declared bankrupt

A man wearing a face mask to protect against the spread of the coronavirus walks past a ticket counter for Hainan Airlines, owned by Chinese firm HNA Group, at Beijing Capital International Airport in Beijing, Friday, March 6, 2020. HNA Group, a debt-burdened Chinese airline operator that faced opposition in Washington to its attempt to buy a Wall Street hedge fund during a costly global acquisition spree, says its creditors have asked a court to declare the company bankrupt. (AP Photo/Mark Schiefelbein)BEIJING – HNA Group, a debt-burdened Chinese airline operator that faced opposition in Washington to its attempt to buy a Wall Street hedge fund during a costly global acquisition spree, says its creditors have asked a court to declare the company bankrupt. AdHNA Group was among many Chinese companies that went on a global shopping spree starting in 2014. HNA Group also bought stakes in Deutsche Bank AG and hotel operator Hilton Worldwide Holdings Inc.Regulators clamped down in 2016, tightening control on financing and approval of foreign acquisitions.

Insurrection marks moment of reckoning for Republicans

(AP Photo/Andrew Harnik)The insurrection at the U.S. Capitol was both stunning and predictable, the result of a Republican Party that has repeatedly enabled President Donald Trump's destructive behavior. But the violent siege on Capitol Hill offers a new, and perhaps final, moment of reckoning for the GOP. Before they left, a handful of Republican senators and more than 100 Republican House members were set to oppose the vote to certify Joe Biden's presidential victory. And while there were obvious cracks in Trump's grip on the Republican Party, his fiercest detractors came from a familiar pool of frequent critics. Anthony Scaramucci, a former Trump, often has harsh words for Trump, but offered his harshest on Wednesday for Trump's Republican enablers.

Bitcoin soars above $35,000, hitting new high

In this photo illustration, visual representations of the digital cryptocurrency, Bitcoin are arranged on January 4, 2021 in Katwijk, Netherlands. Bitcoin soared on Wednesday to touch a fresh all-time high, as the cryptocurrency continued trading wildly. The price of bitcoin rallied above $35,000 Tuesday night, hitting an intraday high of $35,821, according to data from Coin Metrics. Bitcoin's latest all-time high comes just days after it slumped more than 10% to $29,316. The precious metal also saw sizable gains in 2020, with spot gold rising about 25% for the year.

cnbc.com

Anthony Scaramucci says markets like the idea that there may not be a 'blue wave'

Cole Burston | Bloomberg | Getty ImagesInvestors appear happy that there may not be a "blue wave" outcome in the U.S. elections, as seen in the rally in world markets, said Anthony Scaramucci, a hedge fund investor and former White House communications director. Asian markets rallied in Thursday trade, while European markets also climbed higher. "I think the markets do like the notion that there wasn't a 'blue wave,'" Scaramucci, founder and co-managing partner of Skybridge Capital, told CNBC's Hadley Gamble and Matthew Taylor on Thursday. Markets had priced in expectations for a "blue wave" in which Democrats would sweep the White House, Senate and the House of Representatives. I suspect that they will pass a pretty big stimulus and infrastructure bill, which will hopefully boost the economy both here in the United States and around the world," Scaramucci said.

cnbc.com

C-SPAN suspends Scully after he admits to lie about hack

A week ago, after Trump had criticized him as a “never Trumper," Scully tweeted “@Scaramucci should I respond to Trump.” Scaramucci, a former Trump communications director and now a critic of the president, advised Scully to ignore him. C-SPAN said Scully confessed to lying about the hack on Wednesday. Steve Scully just admitted he was lying about his Twitter being hacked. The network said Scully has consistently demonstrated fairness and professionalism, and built a reservoir of good will. “After some distance from this episode, we believe in his ability to continue to contribute to C-SPAN,” the network said.

C-SPAN: Debate moderator didn't post questionable tweet

LOS ANGELES – C-SPAN said Friday that its political editor Steve Scully, set to moderate the now-scrapped second presidential debate, didn’t initiate a questionable Twitter exchange with Anthony Scaramucci and that Scully's account apparently was hacked. The tweet, which appeared Thursday on Scully’s Twitter account, read: ”@Scaramucci should I respond to trump,” according to a screenshot of the since-deleted tweet. Scaramucci, who became a Trump detractor after serving briefly as his communications director, reportedly replied in part to Scully's twitter account, “Ignore. “Steve Scully did not originate the tweet and believes his account has been hacked,” C-SPAN said in a statement Friday. The commission announced Friday afternoon that the second debate had been canceled, and it was focusing on an Oct. 22 debate scheduled to be held in Nashville, Tennessee.

Anthony Scaramucci says first presidential debate was an 'embarrassment' to the U.S.

SINGAPORE — The first debate between U.S. President Donald Trump and Democratic presidential nominee Joe Biden was an "embarrassment" to the country, said Anthony Scaramucci, a hedge fund investor who briefly served as Trump's White House communications chief. During the 90-minute debate on Tuesday night, the candidates constantly interrupted each other and the moderator, Fox News' Chris Wallace, struggled to maintain control. That debate, you know, was a little bit of an embarrassment to the country, frankly," Scaramucci, founder and managing partner of Skybridge Capital, told CNBC's "Capital Connection" on Wednesday. Trump and Biden are scheduled to debate on Oct. 15 and Oct. 22. But Scaramucci said what the markets thought of the debate will only become clearer in Wednesday's trading.

cnbc.com

It's 'now or never' for ex-Trump aides weighing speaking out

“People need to understand how dangerous a moment we are in.”There are plenty of others weighing the same decision. But Mattis and Coats, like former White House chief of staff John Kelly and former national security adviser H.R. The White House punched back with an aggressive attack campaign aimed at discrediting her through a barrage of statements, interviews and denunciations from the lectern in the White House briefing room. “The White House knows if they show this is a very costly thing to do they will scare people from going forward," he said. He added that while more people are still considering coming forward, the White House tactics have worked to some extent — dissuading one senior official who had been on the cusp of speaking out.

Ex-Pence adviser says Trump bungled virus; she’s for Biden

In a video released Thursday by the group Republican Voters Against Trump, Troye says working for Trump was “terrifying” and says he was more concerned about his reelection chances than about protecting the nation from the virus. Troye alleges that, during one task force meeting she attended, the president said: “'Maybe this COVID thing is a good thing. She was on the task force as some kind of a lower-level person. '”The vice president's office released a copy of Troye's departure email, dated July 23 and addressed “Dear Task Force Members.” Pence chairs the task force. The White House adamantly denied the exchange Troye described, with White House spokesperson Judd Deere saying “her assertions have no basis in reality and are flat out inaccurate."

Gold in secret vault is traced to Hugo Chvez's former nurse

So Daz allegedly turned to one of the oldest ways of moving vast sums of money anonymously: buying gold. She radically denies having had any gold ingots or any bank account in Liechtenstein, Oliver said. Wire transfers from Panamanian shell companies were routed through CBH to Greenhill and Amblia's accounts at the state-owned Liechtensteinische Landesbank in 2012, according to the Liechtenstein court. However, U.S. prosecutors in their exchanges with Swiss authorities in 2018 suggest the bank had itself been defrauded by Beaumont. The gold bars allegedly belonging to Daz represent just a small fraction of the total amount looted from Venezuela.

Trump rally highlights vulnerabilities heading into election

The lower-than-expected turnout at the comeback rally, in particular, left Trump fuming. The vast majority of the attendees, including Trump, did not wear face masks as recommended by the Trump administration's health experts. Before Oklahoma, the campaign had planned to finalize and announce its next rally this week. At least one swing state governor, meanwhile, says Trump would not be welcome to host a rally in her state amid the pandemic. Gretchen Whitmer, a Democrat, said she would think very seriously about" trying to block Trump from hosting a rally there if he wanted to.

Trump rally highlights vulnerabilities heading into election

The lower-than-expected turnout at the comeback rally, in particular, left Trump fuming. The vast majority of the attendees, including Trump, did not wear face masks as recommended by the Trump administration's health experts. Before Oklahoma, the campaign had planned to finalize and announce its next rally this week. At least one swing state governor, meanwhile, says Trump would not be welcome to host a rally in her state amid the pandemic. Gretchen Whitmer, a Democrat, said she would think very seriously about" trying to block Trump from hosting a rally there if he wanted to.

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