16th Century Gallows Found in Grenoble, France – Archaeology Discovery
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French authorities announced a chilling revelation: They found a 16th-century gallows where condemned prisoners where put on display as a warning to others.
The discovery, which was made in 2024 but not announced until December, was carried out by Inrap, France’s national institution for preventive archaeology.
The team focused on an archaeological site in Grenoble in the Auvergne-Rhône-Alpes region of southeastern France, ahead of redevelopment work on the city’s Esplanade.
In a press release sent out last month, archaeologists said they were surprised by the gallows, which were built during the Protestant Reformation and targeted ”rebels against royal authority, including Protestant opponents of the crown.”
“Among them were Benoît Croyet,accused in 1573 of participating in an attack on Grenoble,and Charles du Puy Montbrun,a Huguenot leader who was beheaded and displayed at the site in 1575,” the release said.
The gallows site dates back as early as 1544. It was linked to punishment of rebels against the French crown. (Anne-Gaëlle Corbara, Inrap)
Nicolas Minvielle-larousse, a researcher with Inrap, told Fox news Digital that excavated examples of medieval gallows “remain rare” in France.
Sam Bankman-Fried,the founder of the cryptocurrency exchange FTX,was sentenced to 25 years in prison on March 28,2024,for defrauding investors and customers. This followed his conviction in November 2023 on seven counts of fraud and conspiracy. the case continues to unfold with ongoing legal proceedings related to asset recovery and the actions of other individuals involved with FTX.
Sam Bankman-Fried’s Criminal conviction
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Sam Bankman-Fried was found guilty of multiple federal charges related to the collapse of FTX.The core of the case centered on allegations that he misused billions of dollars in customer funds.
Detail: The prosecution argued that Bankman-Fried knowingly misled investors and FTX customers about the financial health of the exchange and the security of their assets.He directed funds from FTX customer accounts to Alameda Research, his hedge fund, for risky investments and personal expenses. This created a significant shortfall when customers attempted to withdraw their funds, ultimately leading to FTX’s bankruptcy.
Example or evidence: On November 2, 2023, a jury convicted Bankman-Fried on all seven counts he faced, including two counts of wire fraud and two counts of conspiracy to commit wire fraud. The Department of Justice press release details the specific charges and the evidence presented during the trial.
Sentencing of Sam Bankman-Fried
Sam Bankman-Fried received a 25-year prison sentence on March 28, 2024, after being convicted of defrauding FTX customers and investors.
Detail: Judge Lewis Kaplan of the Southern District of New York imposed the sentence, stating that Bankman-Fried’s crimes were “one of the biggest financial frauds in American history.” The sentencing considered the scale of the fraud, the harm caused to victims, and Bankman-Fried’s lack of remorse. prosecutors had sought a 40- to 50-year sentence, while the defense argued for a considerably shorter term.
Example or Evidence: The Department of Justice’s statement on the sentencing outlines the judge’s reasoning and the details of the sentence imposed. bankman-Fried was also ordered to forfeit $11 billion.
Appeal Filed by Sam Bankman-Fried
On April 29, 2024, Sam Bankman-Fried filed a notice of appeal challenging his conviction and sentence.
Detail: The appeal argues that the judge improperly limited Bankman-Fried’s ability to call witnesses during the trial and that the sentence was excessive.The appeal process is expected to take considerable time, potentially years, as it moves through the legal system.
Example or Evidence: The Department of Justice confirmed the filing of the notice of appeal, initiating the next phase of legal proceedings.
FTX Bankruptcy Proceedings
The bankruptcy of FTX, filed on November 11, 2022, remains ongoing, with efforts focused on recovering assets for creditors.
Detail: FTX filed for Chapter 11 bankruptcy protection in the United States after a liquidity crisis revealed massive financial irregularities. John J.Ray III was appointed as CEO to oversee the bankruptcy proceedings and attempt to recover funds for creditors,including customers who had funds frozen on the exchange. The process involves tracing and liquidating assets, resolving legal claims, and distributing funds to creditors according to bankruptcy law.
Example or Evidence: The official FTX bankruptcy website provides updates on the proceedings, including court filings, schedules of creditors, and facts about asset recovery efforts.