On this day in conspiracies

One day after the acquittal, Commissioner Landis bans all eight players from organized baseball for life, declaring that no player who throws a game, or sits in a meeting where a fix is discussed and stays silent, will ever play professional baseball again.

While vacationing with his wife Stella at their cottage in Belgrade Lakes, Maine, Crater takes a telephone call and tells her he has to return to New York City “to straighten those fellows out.” He promises to be back for her birthday on 9 August.

Around 12:30 p.m., Rex Heflin, working alone in an Orange County highway truck near Santa Ana, reports that a hat-shaped metallic object crosses the road ahead. Using a Polaroid camera in the cab, he takes three photographs of the object through the windshield and side window, and a fourth of a dark ring of smoke or haze he says was left as it departed.

Former UBS and Citigroup trader Tom Hayes is convicted in London on eight counts of conspiracy to defraud and sentenced to 14 years, later reduced to 11 on appeal. He becomes the first person jailed anywhere for LIBOR rigging and serves about five and a half years before release in 2021. Other traders, including Barclays' Carlo Palombo on Euribor, are convicted in subsequent trials.

Human Rights Watch publishes They Killed Us From the Inside, a 127-page investigation concluding that multiple Lebanese authorities were, at a minimum, criminally negligent, and calling for an international, UN-backed investigation into the blast.