As the criminal trial against Sam Bankman-Fried, founder of cryptocurrency platformFTX, over allegations of misusing billions in client funds began, the first witness for the prosecution was Marc-Antoine Julliard, a London-based cocoa bean trader who invested$100,000 in FTX and lost it.
CNBC looked closer into Julliard who shared his disappointing experience with FTX, especially the anxiety he felt when attempts to withdraw his crypto and cash failed. He, like many other FTX customers, essentially lost everything when the exchange collapsed.
See Also:Crypto Regret: Trader Misses Out On $28M Windfall By Cashing Out Shiba Inu In 2020 At Same F***ing Price
Julliards testimony is part of the prosecutions strategy to demonstrate that FTX clients were falsely assured their funds were safe. Bankman-Fried, once hailedas the white knight ofcrypto, faces seven federal charges,which could result in a life sentence.
Bankman-Frieds lawyer, Mark Cohen, insists his client didnt defraud anyone, arguing that the losses incurred by clients were due to their own decisions. Cohen portrayed Bankman-Fried as a math nerd who was building his startup while running it.
The trial,set to last six weeks,is being held in Manhattan. Other witnesses set to testify include Adam Yedidia, a friend of Bankman-Fried from MIT, and FTX co-founder Gary Wang.
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The US joined Russia to vote against a UN resolution on the Ukraine war – and abstained from voting on one it drafted after amendments proposed by European countries were added.
The 193-member assembly approved a US-drafted resolution, marking the third anniversary of Russia’s invasion of Ukraine, which had originally called for an end to the conflict but did not mention Moscow’s aggression.
It also made no mention of Ukraine’s territorial integrity.
However, it was amended after European nations said that it should include references to Russia’s full-scale invasion of Ukraine and the need for a lasting peace in line with the UN Charter.
It was also amended to include references to Ukraine’s sovereignty.
The amended US-drafted resolutionwon 93 votes in favour, while 73 states abstained – including the US – and eight – including Russia – voted no.
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On the same day, the UN General Assembly approved a European-backed resolution from Ukraine which demanded Russia immediately withdraw from the country.
There were also 93 votes in favour of this resolution,while 65 abstained and 18 voted against it.
The UK, France and Germany were among the countries that voted in favour of the Ukraine-backed resolution, which called for a “comprehensive, just and lasting peace in Ukraine”.
The US, Russia, Belarus and North Korea were among those that opposed it.
Image: The US voted against Ukraine’s resolution. Pic: AP
The duelling proposals reflect the tensions that have emerged between the US and Ukraine after Donald Trump suddenly opened negotiations with Russia in a bid to quickly resolve the conflict.
It also underscores the strain in the US’ relationship with Europe over the Trump administration’s decision to engage with Moscow.
The outcome marks a setback for the Trump administration in the UN General Assembly, whose resolutions are not legally binding but are seen as a barometer of world opinion.
However, later in the day, the UN Security Council approved the US resolution calling for an end to war in Ukraine – but without mentioning Russia’s aggression. The resolution received 10 votes in favour, while the remaining five members – including France and the UK – abstained.
Dame Barbara Woodward, the UK’s ambassador to the United Nations, said after the UN Security Council approved the motion: “What, how and on what terms this war ends can only be decided by negotiations with Ukraine.
“No peace will be sustainable without Ukraine’s consent.
“We regret that our proposals making these points clear were not taken on board, and as such we could not support this resolution.
“But we share the ambition to find a lasting end to this war, supported by robust security arrangements that ensure Ukraine never again has to face Russia’s attack.”
It came after the results in the General Assembly had showed some diminished support for Ukraine – as more than 140 nations had voted to condemn Russia’s aggression in previous votes.
The United States had tried to pressure the Ukrainians to withdraw their resolution in favour of its proposal, according to a US official and a European diplomat.
US deputy ambassador Dorothy Shea, meanwhile, said multiple previous UN resolutions condemning Russia and demanding the withdrawal of Russian troops “have failed to stop the war,” which “has now dragged on for far too long and at far too terrible a cost to the people in Ukraine and Russia and beyond”.
“What we need is a resolution marking the commitment from all UN member states to bring a durable end to the war,” Ms Shea said.
Mr Zelenskyy responded by saying the US president was living in a Russian-made “disinformation space”.
Meanwhile, French President Emmanuel Macron is at the White House holding talks with Mr Trump to discuss a peace plan for Ukraine.
At the start of the meeting, Mr Trump told reporters Russian President Vladimir Putin will accept European peacekeepers in Ukraine as part of a potential deal to end the war in the country.
Mr Trump and Mr Macron have been meeting after the pair had earlier joined a call between G7 leaders.
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Zevtron, ParkMobile, and Athena Partners Strategy Group are together supporting charging site owners and EV drivers affected by Shell Recharge’s shutdown of its EV charger software.
Shell Recharge is discontinuing its Shell Sky software in third-party commercial EV chargers in the US and Canada. It will service third-party commercial fleet EV chargers until April 30; after that, it’s lights out, leaving hundreds of EV charging stations across the US inoperable.
Zevtron, ParkMobile, and Athena Partners Strategy Group is deploying Zevtron’s white-label EV charging software across the former Shell Recharge network to restore full operational capacity to these chargers.
“Shell’s exit has left hundreds of chargers effectively stranded,” said Chris Mckenty, SVP of sales & marketing at Zevtron. “Our goal is to rapidly restore these stations to full functionality while enhancing their capabilities with flexible branding, seamless payment options, and improved management tools.”
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ParkMobile will extend its capabilities to process EV charging sessions so users can both park and charge. “Integrating EV charging parking sessions into ParkMobile simplifies access for millions of drivers who already rely on our platform,” said Andy Harman, vice president of sales at ParkMobile.
Athena Partners Strategy Group will work closely with cities, businesses, and property owners to deploy the new solution efficiently. “We see this as a major opportunity to not only restore EV charging infrastructure but also improve it for the long term,” said Nick Stanton, managing partner of Athena Partners Strategy Group.
The partnership says it’s a “turnkey solution to ensure uninterrupted service, enhanced user experience, and improved revenue potential.”
For more information on transitioning Shell Recharge EV chargers to the Zevtron-powered network, contact Chris Mckenty at cmckenty@zevtron.com
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The Volkswagen ID.4 was the third best-selling EV in the US last month, trailing only the Tesla Model Y and Model 3. Volkswagen’s electric SUV made a comeback after sales surged over 650% in January.
Volkswagen ID.4 was the third best-selling EV in January
Although ID.4 sales fell by 55% last year after Volkswagen halted production and deliveries in September due to a recall over faulty door handles, the EV made a triumphant return in 2025.
Volkswagen sold 4,979 ID.4’s in the US last month, up 653% from January 2024. To put it in perspective, VW only sold 646 ID.4 models in the fourth quarter and just over 17,000 in 2024. At this rate, ID.4 sales are on pace to reach nearly 60,000 by the end of 2025.
According to Cox Automotive’s latest EV Market Monitor report, the ID.4 was the third best-selling EV in the US last month, behind the Tesla Model Y and Model 3.
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The Honda Prologue and Tesla Cybertruck rounded out the top five. Combined, the top five selling EV models accounted for 54% of total sales in the US last month.
Rank
Model
1.
Tesla Model Y
2.
Tesla Model 3
3.
Volkswagen ID.4
4.
Tesla Cybertruck
5.
Honda Prologue
Top-selling EVs in the US in January 2025 (Cox Automotive)
Over 102,200 electric vehicles were sold in the US in January, up nearly 30% from January 2024. Although sales were down from the record 132,392 sold in December 2024, a drop was expected over typical seasonal trends.
Tesla doesn’t provide a breakdown of US sales, so we will not know exact sales numbers until registration data is released.
2024 Honda Prologue Elite (Source: Honda)
Honda’s electric SUV continues to take the market by storm, with 3,744 Prologues sold in January. After delivering the first models last March, the Honda Prologue became the seventh best-selling EV in the US last year, with over 33,000 models sold.
Volkswagen announced the ID.4 was back on sale last month, with the “aim of re-instating the ID.4 to its prior position as one of the best-selling electric vehicles in the US and Canada.” It looks like it’s happening quicker than expected.
Volkswagen ID.4 (Source: Volkswagen)
The new entry-level 2025 Volkswagen ID.4 RWD Pro model starts at $45,095, while the AWD Pro costs $48,995. Both are powered by an 82 kWh battery. Volkswagen said the 62 kWh battery will be available later this year. The larger battery provides an EPA-estimated range of up to 291 miles.
VW’s base models feature a gloss black grille, black roof rails, and a 12.9″ infotainment system with Android Auto and Apple CarPlay support. The AWD version has 20″ wheels, a heated windshield, and a tow hitch.
Volkswagen ID.4 interior (Source: Volkswagen)
The ID.4 Pro S RWD starts at $50,195, and the AWD model has a sticker price of $54,095. It gets an added illuminated VW logo at the front and rear, premium LED projector headlights, a panoramic fixed glass roof, power tailgate, and more.
Volkswagen’s range-topping 2025 ID.4 Pro S Plus is only available in AWD and starts at $57,295. The Plus trim features 21-inch wheels, added exterior design elements, heated rear seats, a premium Harman Kardon audio system, and an Area View (an overhead view camera).
Both electric SUVs feature some of the biggest discounts on the market right now. To make room for 2025 models, VW is offering close-out prices on the 2024 ID.4, with leases starting as low as $189 per month. However, the Honda Prologue is hard to pass up, starting at just $209 per month. Ready to check them out for yourself? You can use our links below to find deals on the Volkswagen ID.4 and Honda Prologue in your area today.
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