Techmeme
February 17, 2023, 9:10 AM

Top News

Bloomberg:
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value  —  The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …
Suvashree Ghosh / Bloomberg:
The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet  —  Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned …
Peter Kafka / Vox:
YouTube CEO Susan Wojcicki plans to step down after nine years, to be replaced by Neal Mohan as SVP and head of YouTube; Wojcicki was Google's 16th employee  —  One of the most prominent women in tech — and one of Google's earliest employees — is leaving the company.
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Reuters:
Documents: Binance used secret access to Binance.US' Silvergate bank account to move $400M+ in Q1 2021 to Binance CEO Changpeng Zhao's trading firm Merit Peak  —  Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner …
Jay Peters / The Verge:
Apple's iOS 16.4 and iPadOS 16.4 betas add support for Safari web apps on the homescreen to send push notifications and show notification badges  —  Apple's new iOS and iPadOS 16.4 betas will let Safari web apps on your homescreen send you push notifications, according to a new post on the WebKit blog.
OpenAI:
OpenAI plans to improve ChatGPT's behavior to reduce biases, allow more user customization, and get more public input into decision-making about system defaults  —  We're clarifying how ChatGPT's behavior is shaped and our plans for improving that behavior, allowing more user customization …
Tom Warren / The Verge:
Microsoft authorizes Parallels Desktop 18 to support Windows 11 on Apple's M1 and M2 Macs, after previously only licensing ARM versions of Windows to OEMs  —  Microsoft is officially supporting Windows 11 on Apple's M1 and M2 Macs thanks to a partnership with Parallels to allow the operating system to run in a virtual environment.
Jennifer Elias / CNBC:
Chainalysis:
Analysis: 24% of the tokens launched in 2022 that “got traction” saw a price drop of 90% or more in the first week of trading, suggesting pump-and-dump activity  —  The 2023 Crypto Crime Report  —  Available now!  —  Get the report  —  Pump and dump schemes in traditional finance …
Mia Sato / The Verge:

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