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December 10, 2022, 6:35 AM
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Sara Fischer / Axios:
Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned  —  The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …
More: The Block, The Block, CoinDesk, TechCrunch, The Economic Times, Crypto Daily, The Crypto Basic, Bitcoinist.com, Crypto Briefing, Bitcoin News, BTC Times, Crypto Adventure, The Information, Insider, The Verge, crypto.news, CoinGape, Watcher Guru, Web3 is going just great, CryptoSlate, and Cointelegraph
Tweets: @sarafischer, @mccaffrmike, @fintechfrank, @autismcapital, @tier10k, @punk6529, @tier10k, @mccaffrmike, @zhusu, @mccaffrmike, @mashinsky, @lawmaster, @mccaffrmike, @realdannynelson, @nlw, @kyleldavies, @danheld, @lawmaster, @twobitidiot, @coinmamba, @econoar, @btcgandalf, @cobie, @iamdcinvestor, @cokiehasiotis, @mdudas, @novogratz, @xbt002, @iankar_, @zhusu, @caseyjohnston, @cobie, @lawmaster, @pythianism, @fintechfrank, @sassal0x, @zhusu, @mdudas, @tier10k, @epsilontheory, @bitcoinissaving, @nlw, @jeetsidhu_, @defiyst, @fintechfrank, @fintechfrank, @coffeebreak_yt, @lawmaster, @lawmaster, @hsakatrades, @fintechfrank, @axios, @fintechfrank, @mdudas, @tier10k, @mccaffrmike, @mccaffrmike, @jeffjohnroberts, @swagtimus, @zosegal, @iohk_charles, @adamscochran, @alexandre_lores, @ddiamond, @joshconstine, @autismcapital, @jeffgiesea, @robinwauters, @johnbiggs, @timccopeland, @teroterotero, @twobitidiot, @sarafischer, @adamscochran, @tomaxwell, @jacqmelinek, @samro, @novogratz, @fredbenenson, @mdudas, @venturecoinist, @iamdcinvestor, @jeffjohnroberts, @lynaldencontact, @coffeebreak_yt, @mdudas, @saylor, @hsakatrades, @mdudas, @colinwilhelm, @mayazi, @bitboy_crypto, @amuse, @adamscochran, @mikeisaac, @hudsonjameson, @sarahnemerson, @anthony, @ryanjamesweeks, @alexandergrieve, @domschiener, @jespow, and @theblock__
See also Mediagazer
Bloomberg:
Source: the US DOJ is preparing a possible fraud case against Sam Bankman-Fried and others, examining cash flows to the Bahamas around FTX's bankruptcy filing  —  US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse …
Matthew Goldstein / New York Times:
SBF agrees to testify before a House committee on December 13 but remains quiet about a request from a Senate committee, which could issue a subpoena  —  The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.
Emily Nicolle / Bloomberg:
As US prosecutors reportedly investigate whether FTX and Alameda orchestrated LUNA and UST's collapse, a look at the timeline of events and potential evidence
Kurt Wagner / Bloomberg:
Twitter Trust and Safety VP Ella Irwin says she took the screenshots of internal systems that Bari Weiss shared and that “reporters were not accessing user DMs”  —  Elon Musk is giving outside writers unprecedented access to internal Twitter Inc. information …
More: The Atlantic, Insider, What Is Really Going On, Gizmodo, MobileSyrup, and MindWar
Tweets: @bariweiss, @ellagirwin, @annecollier, @justinbaragona, @abgutman, @bariweiss, @daveyalba, @unusual_whales, @spdustin, @jeremylittau, @alexstamos, @mattbinder, @scottjshapiro, @gallagherfergal, @elonmusk, @esqueer_, @jeffbercovici, @orinkerr, @willoremus, @emptywheel, @ted_scheinman, @thetomzone, @jamessurowiecki, @the_nerd_skull, @donmoyn, @donmoyn, @nickmartin, @charlesarthur, @jeremylittau, @scottjshapiro, @pwnallthethings, @stevanzetti, @sarahfrier, @dancow, @daveyalba, @thatianelliott, @qjurecic, @parismarx, @zoeschiffer, @44, @orinkerr, @nicoleperlroth, @whiteroseafa, @karaswisher, @thetomzone, @willoremus, @saletan, @noahgarfinkel, @zaleskiluke, @nkulw, @mattbinder, @parismarx, @atrupar, @joshuaphilll, @radiofreetom, @parismarx, @anthony, @alexstamos, @adrianweckler, @tomscocca, @amuse, @carlquintanilla, @mattbinder, @juliusgoat, @mattbinder, @tupp_ed, @jtlol, @elonmusk, @ellagirwin, @elizableu, @spdustin, @jolyonmaugham, @izzykamikaze, @mattbinder, @radiofreetom, @michaelehayden, @rvawonk, @parismarx, @stevanzetti, @theserfstv, @srirachachau, @marinamedvin, @elonmusk, @robferdman, @donmoyn, @eladnehorai, @wilson__valdez, @7im, @pattymo, @themaxburns, @ariehkovler, @respectablelaw, @wilson__valdez, @emptywheel, @hannahgais, @nycsouthpaw, @golikehellmachi, @eliothiggins, @hannahgais, @ted_scheinman, @parkermolloy, @sarahposner, @jaredlholt, @edzitron, @elonmusk, @alexstamos, @alexstamos, @charliekirk11, @jason_kint, and @wongmjane
See also Mediagazer
Julia Shapero / The Hill:
Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put on “blacklists” and screenshots of internal Slack messages
Nick Turner / Bloomberg:
Elon Musk says Twitter is working on an update that will show users if they've been “shadowbanned”, the reason why, and how to appeal
New York Times:
The FTC will face hurdles to block Microsoft's Activision deal, as courts are skeptical of vertical merger challenges where two companies don't compete directly  —  Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.
Derek Gatopoulos / Associated Press:
Lawmakers in Greece approved a legislation banning commercial spyware after the government of Prime Minister Kyriakos Mitsotakis was accused of surveillance  —  Lawmakers in Greece on Friday approved legislation banning commercial spyware and reforming rules for legally-sanctioned wiretaps …
Nick Baker / CoinDesk:
Auditing firm Mazars says Crypto.com users' crypto assets are fully backed one-to-one, after vouching for a similar proof-of-reserves report from Binance  —  The examination was done by auditing firm Mazars.  —  Crypto.com released proof-of-reserves data from auditing firm Mazars Group …

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From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors

The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts

More News

Sheila Dang / Reuters:
Twitter emails advertisers about plans to launch controls to prevent their ads from showing up next to tweets with certain keywords, as soon as next week

Earlier Picks

Chance Miller / 9to5Mac:
Apple and Ericsson reach a licensing agreement over “patented cellular standard-essential technologies” and more, ending a years-long legal battle
Cecilia D'Anastasio / Bloomberg:
The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown
Tim Bradshaw / Financial Times:
Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B, and sources say Gorillas alone at ~$1.2B
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