(Reuters) -S&P Global cut its credit ratings and outlook on multiple U.S. regional banks on Monday, saying higher funding costs

Influencer Logan Paul is under fire after allegedly only offering the victims of his cryptocurrency project, CryptoZoo, 5-10 per cent of their losses. CryptoZoo was a cryptocurrency game that Paul described as a "really fun game that makes you money", where he asked fans to invest by purchasing cryptocurrency collectables. However, a year later, no game materialised, with Paul apparently abandoning the project. Despite this, the CryptoZoo website still says it is "undergoing upgrades" and that "big things are coming!" At the start of 2023, YouTube investigator known as 'Coffeezilla' uploaded a crypto video titled 'Investigating Logan Paul's Biggest Scam', racking up over 9 million views. The video featured those who had invested in the game, individually listing off the amount of money they had lost from it, anywhere between $15,000 to $500,000. Initially, Paul threatened legal action against Coffeezilla for defamation, but days later apologised and said he would take accountability, with part of this including repaying investors. Nine months later, however, and those who requested a refund are still waiting for their money to be returned. YouTuber 'Kavos' has an alleged update on the situation, saying "reliable sources" are claiming that Paul's "best offer was 5-10 per cent of the losses suffered". Kavos went on to call it "an absolute disgrace", and added that "before this 'offer' Logan and his team tried to get the case dismissed. There is absolutely no accountability or sympathy for his actions." Many were outraged at Paul's actions, with one user writing "there's no rock bottom for him". Whilst another asked "is anyone surprised?" Saying Paul has never "shown an ounce of integrity": However, some were hesitant to criticise due to the ambiguity of Kavos' "reliable sources": Indy100 has reached out to Logan Paul for comment. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Sandro Tonali is being investigated by the Italian Prosecutor’s Office and the Italian Football Federation after being accused of illegal betting on football. The Newcastle midfielder, who is cooperating fully with the police and the Italian football authorities, faces the prospect of a lengthy ban if found guilty. The 23-year-old, who was withdrawn from the Italy squad to face Malta and England after it became known he was the subject of an inquiry, reportedly pleaded guilty to betting on AC Milan matches at a hearing with the Italian Football Federation in Turin on Tuesday. Tonali’s agent said the Italy international is battling a gambling addiction and revealed the player is shocked. Guiseppe Riso said: “Sandro is playing an important game against gambling addiction. He will win this one too. I’d like to thank Newcastle who have always stood by Sandro. He is in shock, shaken and sad. I hope that this experience saves his life and that of many others, that it helps those who fall into the same habit as him.” This week, Juventus midfielder Nicolo Fagiolo was banned for 12 months, with five of them suspended, after he admitted breaching betting regulations while Aston Villa winger Nicolo Zaniolo is also being investigated and was also removed from the Italy squad as a result. Illegal betting on matches in Italy carries a maximum penalty of a three-year ban. Newcastle are yet to confirm if Tonali remains available for selection. They face Crystal Palace on Saturday and then Borussia Dortmund on Wednesday. Tonali became the most expensive Italian footballer in history when Newcastle bought him from AC Milan for £55m in the summer. He scored on his debut against Aston Villa and has made 10 appearances for Eddie Howe’s team. Newcastle said in a club statement: “Newcastle United can confirm that Sandro Tonali is subject to investigation by the Italian Prosecutor’s Office and Italian Football Federation (FIGC) in relation to illegal betting activity. “Sandro is fully engaging with the investigation and will continue to cooperate with all relevant authorities. He and his family will continue to receive the club’s full support. “Due to this ongoing process, Sandro and Newcastle United are unable to offer further comment at this time.” Read More Newcastle’s Sandro Tonali being investigated for alleged betting activity Saudi Arabian state-linked group targets two European clubs ‘similar in size’ to Newcastle Gary Neville gambling ad banned because footballer ‘too popular with under 18s’

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