Stanford reached a $1.9 million settlement with the federal government over claims that the University knowingly concealed faculty members’ “current and pending support from foreign sources” on research grant proposals, the Department of Justice (DOJ) announced on Oct. 2. No determination of liability has been made and the claims resolved by the settlement are solely … [Read more…]
Students, alumni and professors celebrated the importance of voting and reflected on the role of American democracy in global affairs at the Democracy Day International Luncheon this Tuesday. Stanford has observed Democracy Day since 2021. The third-annual event canceled classes for the day in an effort to increase student voter turnout. The international luncheon, catered … [Read more…]
Sam Bankman-Fried, founder of now-bankrupt Futures Exchange Trading (FTX), was found guilty on all seven criminal charges against him last Thursday, carrying a potential sentence of up to 110 years. After a swift four-hour jury deliberation, he was convicted of wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. Bankman-Fried’s conviction … [Read more…]