Quantcast

Snowden: CNN ‘Badly Misreported’ $5 Million Judgment Against Him

(CNN) Edward Snowden, the former CIA contractor who leaked intelligence secrets in 2013, has agreed to forfeit more than $5 million he earned from his book and speaking fees to the US government, according to court records.

Snowden published his book “Permanent Record” last year without government approval, in violation of contracts he signed with the CIA and the National Security Agency.

A federal judge had sided with the Justice Department in its lawsuit to claw back Snowden’s proceeds, and was considering how much he would need to pay. The judge has not yet approved the forfeiture plan…

Snowden, who lives in Russia, had earned $4.2 million from his book sales, royalties and related rights as of this month.

He gave 56 paid speeches that included disclosures that breached his government secrecy agreement, according to the court filing from his lawyers in the US and the Justice Department. In all, Snowden made about $1.03 million from the speeches, with an average speaking fee of $18,000.

The money will be put in a trust, according to the plan to which Snowden and the Trump administration agreed.

An attorney for Snowden said the agreement filed in court on Tuesday doesn’t mean the US government will be able to immediately collect the money, because Snowden is considering appealing the judge’s previous decision that he was liable for the disclosures.

“This is not like he’s going to fork over the money. This gives them a judgment they were going to get anyways,” said Lawrence Lustberg, Snowden’s attorney, on Monday, noting that it may be difficult for the US government to get access to Snowden’s funds if they’re kept out of the country.

[Read more…]

TRENDING NOW

Trump: Biden’s ‘Scientists’ Would Trigger ‘Massive Depression’

(Headline USA) President Donald Trump and Democratic rival Joe Biden went on offense over the weekend, as both campaigned in states they are trying to flip during...

Day Trading Boom Will End in Tears

(Associated Press) The current day trading boom will end as these frenzies always do: in tears. While we wait for the inevitable...

America’s Political and Financial Institutions Are Broken

(Clint Siegner, Money Metals News Service) America’s key institutions are broken. More people wake up daily to that reality. They are preparing for...

Trial of Russian Charged in Bitcoin Fraud Begins

(Associated Press) The trial of a Russian man alleged to have used ransomware in a 135 million euros ($157 million) bitcoin fraud...

Pelosi Gives White House 48 Hours to Reach Stimulus Deal Before Election

(CNBC) House Speaker Nancy Pelosi has called on the Trump administration to reconcile remaining disputes on coronavirus stimulus legislation within 48 hours as lawmakers attempt to...