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December 13, 2022, 11:45 AM
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Mediagazer
memeorandum
WeSmirchTop News
| U.S. Securities and Exchange Commission: |
The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019 — Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors
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SEC.gov, CoinDesk, Moneycontrol, Washington Post, Reuters, Financial Times, VICE, Gizmodo, The Block, Reuters, PYMNTS.com, BBC, NBC News, The Hill, Insider, Financial Times, crypto.news, Bitcoin News, The Verge, @molly0xfff@hachyderm.io, Wall Street Journal, NewsBTC, The Guardian, Crypto Adventure, The Daily Beast, @mmasnick@mastodon.social, Blockworks, Bloomberg, New York Times, TechCrunch, Trustnodes, Engadget, CoinGape, The Block, CNBC, BuzzFeed News, Axios, CoinDesk, Decrypt, Ethereum World News, Appuals.com, Semafor, HealthcareInfoSecurity.com, and Coinspeaker
Tweets: @secgov, @tier10k, @spreekaway, @timccopeland, @laurashin, @annmlipton, @ddemaree, @digitalassetbuy, @cryptolawus, @wallstreetsilv, @dlauer, @binarybits, @stephanie_murr, @stephanie_murr, @stephanie_murr, @carnage4life, @dogetoshi, @polarpunklabs, @stephanie_murr, @tmuxvim, @arthur_0x, @cgasparino, @spreekaway, @adamscochran, @kadhim, @wublockchain, @claritytoast, @jim_edwards, @lookner, @breakoutpoint, @kadhim, @jonerlichman, @timccopeland, @tree_of_alpha, @robdothutton, @belisarius2020, @tier10k, @johnedeaton1, @cryptocronkite, @meattc_, @meattc_, @hsakatrades, @kadhim, and @mayazi
| CNBC: |
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited — - The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney …
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Australian Financial Review, CoinDesk, New York Times, Associated Press, TechCrunch, Cointelegraph, Bloomberg, Insider, BBC, Inside Bitcoins, MEXC Global Blog, Decrypt, New York Post, Newslit Daily, ABC News, CNN, Washington Post, Blockworks, Associated Press, Politico, Bloomberg, and The Guardian
Tweets: @sdnynews, @sarahnemerson, @latraelrahming, @tier10k, @kaitlancollins, @techemails, @sbf_ftx, @repleezeldin, @tier10k, @chancery_daily, @aoc, @tier10k, @coffeebreak_yt, @kadhim, @sensherrodbrown, @iamdcinvestor, @ledgerstatus, @cobie, @twobitidiot, @lilmoonlambo, @draftcheat, @can, @ryansadams, @richsignorelli, @dlauer, @chriscantino, @kadhim, @jagoecapital, @asvanevik, @cobie, @wclementeiii, @moonoverlord, @statelayer, @adamscochran, @bondhack, @0xfoobar, @bongcapital, @excellion, @cobie, @kenziesigalos, @alexisohanian, @dystopiabreaker, @beatinthebookie, @0xallen_, @rampcapitalllc, @eriqgardner, @danprimack, @wclementeiii, @marketrebels, @lukewearechange, @stoolpresidente, @0xvktr, @parikpatelcfa, @greg_price11, @gchahal, and @mattbinder
| CNBC: |
The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more — - Federal prosecutors in the Southern District of New York unsealed eight separate charges against disgraced FTX co-founder Sam Bankman-Fried …
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The Southern District of New York, Bloomberg, Reuters, The Information, VICE, New York Times, CoinDesk, Insider, Nikkei Asia, Fortune, CNBC, Ethereum World News, Axios, Bloomberg, CoinGape, New York Post, Semafor, CryptoPotato, Watcher Guru, TechCircle, Molly White, Politico, Reuters, Fortune, Silicon Republic, International Business Times, Bitcoinist.com, and TIME
Tweets: @tier10k, @yaffebellany, @johnedeaton1, @andykreed, @rwpusa, @poordart, @cobie, @nic__carter, @lilmoonlambo, @jason_howerton, @kadhim, @dlauer, @kadhim, @cryptokaleo, @anthony, @klasfeldreports, @anthony, @satoshiflipper, @klasfeldreports, @nycsouthpaw, @smtuffy, @ivanthek, @teddyschleifer, @cevalloslaw, @pkelso, @tier10k, @zerohedge, @benfeuerherd, @anthony, @martadhanis, @benfeuerherd, @smtuffy, @coinbureau, @unusual_whales, @smtuffy, and @kenvogel
| Bloomberg: |
The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX “misappropriated customer funds”, violated its TOS, extended Alameda unlimited credit, and more — The Commodity Futures Trading Commission sued Sam Bankman-Fried, FTX and Alameda Research for violations of federal commodities laws.
More:
The Block, docdroid, Reuters, CNBC, and Cointelegraph
Tweets: @tier10k, @eleanorterrett, @carnage4life, @kadhim, @meattc_, @hsakatrades, @ldrogen, @avi_eisen, @leomschwartz, @meattc_, @deitaone, @meattc_, @tier10k, @pierre_crypt0, @deitaone, and @tier10k
| Steven Ehrlich / Forbes: |
A look at a draft copy of Sam Bankman-Fried's planned House testimony, including accusations against John Ray and screenshots from a chat with Changpeng Zhao — Sam Bankman-Fried, founder of collapsed crypto exchange FTX, was scheduled to testify Tuesday before the U.S. House of Representatives Committee on Financial Services.| Bloomberg: |
FTX lawyers says Bahamas officials worked to help SBF regain access to FTX Trading's systems, asking him to mint a coin and transfer funds to island officials — Bahamas government officials are working closely with failed crypto magnate Sam Bankman-Fried and trying to help him regain access …
More:
TheStreet, CNBC, Insider, Livemint, Cointelegraph, International Business Times, CryptoPotato, and The Block
Tweets: @jeffjohnroberts, @bradmichelson, @claireeboston, and @workmj
| Adam James / The Block: |
Changpeng Zhao seeks to reassure Binance users on USDC outflows, saying they can “withdraw any other stablecoin”; Nansen shows $1.6B in ETH outflows in 24 hours — - Binance CEO Changpeng Zhao has addressed major USD Coin outflows. — Some $1.6 billion has been withdrawn …
More:
CoinDesk, Reuters, Reuters, Insider, Gizmodo, CNBC, PYMNTS.com, Crypto Daily, Crowdfund Insider, CryptoSlate, Wall Street Journal, Watcher Guru, and Bloomberg
Tweets: @cz_binance, @justinsuntron, @nansen_ai, @wublockchain, @binance, @cz_binance, @cz_binance, @dylanleclair_, @cz_binance, @peckshieldalert, @cz_binance, @cz_binance, @tree_of_alpha, @fredwalton216, @j0e007, @adamscochran, @akadosang, @nansen_ai, @jackniewold, @cz_binance, @simondixontwitt, @0xponzischeme, @mikeburgersburg, and @tree_of_alpha
| Reuters: |
China files a trade dispute at the WTO against the US over its chip export controls, arguing the curbs threaten the stability of global industrial supply chains — China has launched a trade dispute at the World Trade Organization against the United States over its chip export control measures, China's commerce ministry said.
More:
Tom's Hardware, Ars Technica, The Register, Wall Street Journal, City A.M., CNBC, Reuters, Semafor, and Bloomberg
| Julie Zhu / Reuters: |
Sources: China is working on a $143B+ five-year support package for its chip industry, mainly including subsidies and tax credits, starting as soon as Q1 2023 — China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said … | Cat Zakrzewski / Washington Post: |
Email: Twitter dissolves its Trust and Safety Council, saying it isn't “the best structure” for “external insights into our product and policy development work” — Meanwhile, a former top Twitter official fled his home amid attacks following Musk tweets
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CNN, BBC, Associated Press, International Business Times, Gizmodo, Committee to Protect …, Livemint, Financial Times, Android Headlines, Silicon Republic, Bloomberg, TechCrunch, ExchangeWire.com, Engadget, The Information, and Newser
| Urvi Dugar / Reuters: |
Elon Musk says Blue subscribers will see half the number of ads as non-subscribers and that Twitter plans to offer a higher tier with no ads in 2023 — Twitter owner Elon Musk tweeted on Monday that Twitter's Basic blue tick will have half the number of advertisements and the social media platform …
More:
Twitter, PCMag, Insider, TechCrunch, Android Authority, KnowTechie, CoinGape, and Android Headlines
Tweets: @elonmusk, @elonmusk, @twitterblue, @twittersupport, @verified, @zacksjerryrig, @populismupdates, @jaykirsch, and @pantibliss
| Laura Forman / Wall Street Journal: |
| Platformer: |
Sources: on December 11, Twitter briefly blocked traffic from ~30 mobile carriers mainly in the Asia-Pacific region as part of an attempt to rid Twitter of spam — PLUS: Why it's time to start leaving Twitter behind — On Sunday, Elon Musk tweeted a vague warning: “the bots are in for a surprise tomorrow.”
More:
Insider. Tweets: @elonmusk, @elonmusk, @justin_ling, @saeeddicaprio, @mattbinder, and @jonst0kes
| Sarah Perez / TechCrunch: |
Sensor Tower: Lensa tops the US App Store with 3.6M installs in December so far, out of 12.6M global installs by December 11, up 600% from November 20 to 30 — Lensa AI's popularity has had a notable impact on the App Store's Top Charts. The popular photo and video editing app recently went viral … | Warren P. Strobel / Wall Street Journal: |
Officials and studies: US spy agencies have been slow to adapt to open-source intelligence, falling behind China, which has the largest and most focused effort — China outpaces efforts by U.S. intelligence agencies to harness power of publicly available data — The U.S. Strategy to Catch Up on China's Global Push for Influence
Tweets: @mrbcyber and @joshuasteinman
| Ben Thompson / Stratechery: |
A brief history of the 40-year-old video game industry, the rise of Nintendo, the dominance of Sony, and what Microsoft's Activision deal means for competition — The first video game was a 1952 research product called OXO — tic-tac-toe played on a computer the size of a large room:| Financial Times: |
A look at the EU's plans for local chips, aided by ASML and more; SEMI estimates 10 new facilities in Europe by 2025, compared to 14 in the US and 21 in Taiwan — On the edge of a tranquil forest an hour's drive from Stuttgart, where hiking trails snake through the trees and across gently rolling hills … | Emma Roth / The Verge: |
DoNotPay announces an AI-powered chatbot that can renegotiate bills and cancel subscriptions by chatting to customer service, rolling out in the coming weeks — DoNotPay, the company that bills itself as “the world's first robot lawyer,” is launching a new AI-powered chatbot that can help …
Tweets: @jbrowder1 and @jbrowder1
| Keith Zhai / Wall Street Journal: |
Memo: online fast fashion retailer Shein is exploring becoming a marketplace for third-party merchants and started diversifying its supply chain away from China — The fast-growing company founded in China has also begun diversifying its supply chain to Europe, according to memo to investors
Tweets: @jchengwsj, @keithzhai, @juokaz, and @astaniscia86
| Cordilia James / Wall Street Journal: |
Instagram rolls out Notes, a friend-focused status updates feature that appear atop the inbox, and begins testing BeReal-like Candid Stories in South Africa — With fresh ways to connect with friends, is Instagram trying to be Instagram again? — Polished is out and authentic … | Kyle Wiggers / TechCrunch: |
Ngrok, which helps devs deploy sites, services, and apps, raised a $50M Series A led by Lightspeed, says ~5M devs use the service and ~30K are paying customers — Ask Alan Shreve why he founded Ngrok, a service that helps developers share sites and apps running on their local machines or servers …
More:
VentureBeat and PaymentSecurity.io
| Andy Greenberg / Wired: |
Forensic analysis: hackers planted files on at least three Indian activists and likely colluded with police, yet 11 of 16 activists in related case still jailed — And new evidence suggests those hackers may have collaborated with the police who investigated him.Sponsor Posts
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Todd Spangler / Variety:Lawrence Abrams / BleepingComputer:
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