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December 13, 2022, 3:15 PM
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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, Washington Post, Washington Post, Financial Times, Bloomberg, Reuters, Silicon Valley Business …, CoinDesk, CFTC, Ars Technica, NPR, Observer, The Block, Financial Times, VICE, The Daily Hodl, New York Times, Reuters, The Guardian, BBC, Associated Press, Wealth Management, Politico, Bloomberg, Bloomberg, NBC News, Gizmodo, CoinGape, The Verge, SlashGear, Wall Street Journal, Ethereum World News, The Guardian, Engadget, Appuals.com, Trustnodes, @mmasnick@mastodon.social, crypto.news, BuzzFeed News, and The Block
Tweets: @secgov, @tier10k, @claritytoast, @laurashin, @spreekaway, @timccopeland, @annmlipton, @kadhim, @trengriffin, @jentaub, @cnbcjou, @nic__carter, @koush, @kenvogel, @kenvogel, @kenvogel, @cduhaime, @emilyjnicolle, @emilyjnicolle, @emilyjnicolle, @emilyjnicolle, @emilyjnicolle, @emilyjnicolle, @tier10k, @tier10k, @tier10k, @kadhim, @wublockchain, @claritytoast, @jim_edwards, @lookner, @breakoutpoint, @kadhim, @jonerlichman, @timccopeland, @tree_of_alpha, @stephanie_murr, @robdothutton, @belisarius2020, @cgasparino, @johnedeaton1, and @cryptocronkite
| 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 … | 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, Decrypt, The Information, TheStreet, Popular Science, The Block, New York Times, CoinDesk, Cointelegraph, CNN, VICE, TechSpot, CNBC, Reuters, CoinGape, CryptoPotato, Semafor, CoinDesk, Bitcoin Magazine, Nikkei Asia, Fortune, Axios, Bloomberg, New York Post, Rolling Stone, and Semafor
| Bloomberg: |
The CFTC sues Sam Bankman-Fried for fraud, alleging FTX “misappropriated customer funds”, violated its own TOS, extended unlimited credit to Alameda, and more — The Commodity Futures Trading Commission sued Sam Bankman-Fried, FTX and Alameda Research for violations of federal commodities laws.
More:
docdroid, SiliconANGLE, Decrypt, Observer, Cryptopolitan, Tech Xplore, MEXC Global Blog, Crowdfund Insider, CNBC, and Cointelegraph
Tweets: @meattc_, @tier10k, @cryptogucci, @pierre_crypt0, and @avi_eisen
| Steven Ehrlich / Forbes: |
A look at a draft of Sam Bankman-Fried's planned US House testimony, including accusations against John Ray III and screenshots of 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.
More:
U.S. House Committee …, Slate, Gizmodo, The Guardian, Financial Times, PYMNTS.com, CoinGape, Cointelegraph, ZyCrypto, Ethereum World News, CNBC, New York Post, Wall Street Journal, Inside Bitcoins, and Coinspeaker
Tweets: @sarahnemerson, @layahheilpern, @robinwigg, @autismcapital, @autismcapital, @0xfoobar, @smtuffy, @iseult, @smtuffy, @smtuffy, @andrewperezdc, and @saraashleyo
| Bloomberg: |
FTX lawyers say Bahamas officials worked to help SBF regain access to FTX Trading's systems, asking him to mint a coin to transfer funds to island officials — Bahamas government officials worked closely with Sam Bankman-Fried and tried to help him regain access to key computer systems …
More:
CNBC, The Block, Insider, Cointelegraph, TheStreet, and Livemint
Tweets: @bradydale and @jeffjohnroberts
| Adam James / The Block: |
Changpeng Zhao addresses major USDC outflows, saying Binance users can “withdraw any other stablecoin”; Nansen shows users withdrew $1.6B+ in ETH in 24 hours — - Binance CEO Changpeng Zhao has addressed major USD Coin outflows. — Some $1.6 billion has been withdrawn …
More:
Reuters, CoinDesk, Reuters, Blockworks, CoinDesk, Insider, CNBC, Gizmodo, NewsBTC, Wccftech, crypto.news, CryptoSlate, Wall Street Journal, The Crypto Basic, Trustnodes, Crypto Daily, Bloomberg, and Watcher Guru
Tweets: @cz_binance, @justinsuntron, @binance, @nansen_ai, @binance, @wublockchain, @dylanleclair_, @cz_binance, @cz_binance, @cz_binance, @peckshieldalert, @jp_koning, @lawmaster, @billycorben, @cz_binance, @cl207, @tree_of_alpha, @cz_binance, @cz_binance, @tree_of_alpha, @fredwalton216, @j0e007, @adamscochran, @akadosang, @nansen_ai, @jackniewold, @cz_binance, @simondixontwitt, and @0xponzischeme
| Mark Gurman / Bloomberg: |
Sources: Apple plans to allow third-party app stores and other changes on iOS and iPadOS in the EU, spurred by EU requirements coming in 2024 — Apple Inc. is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul aimed at complying with strict European Union requirements coming in 2024.
More:
MacRumors, Game Developer, Engadget, 9to5Mac, The Verge, Reuters, and @caseynewton@mastodon.social
| Melissa Heikkilä / MIT Technology Review: |
A reporter tries Lensa, but unlike her male peers whose avatars were astronauts, warriors, and the like, many of hers were “pornified”, with 16 of 100 topless — When I tried the new viral AI avatar app Lensa, I was hoping to get results similar to some of my colleagues at MIT Technology Review.
More:
Droid Life and Silicon Republic
| Stephanie Murray / The Block: |
John Ray III tells the US House that FTX's bankruptcy is “paperless” due to an “unprecedented” lack of documentation, FTX and Alameda are not distinct, and more — - New FTX CEO John Ray III said top executives at FTX had “free rein” over the company's many entities.| 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:
Barron's Online, Tom's Hardware, Ars Technica, Financial Times, Appuals.com, The Register, and Semafor
Tweets: @globaltimesnews, @williamyang120, @anderscorr, @china_digital, and @jagowriter
| 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
More:
CNN, Associated Press, BBC, NPR, Ars Technica, Mercury News, International Business Times, Committee to Protect …, Gizmodo, New York Post, Politico, Financial Times, City A.M., Bloomberg, ExchangeWire.com, and Android Headlines
Tweets: @anthony, @arthurschwartz, @zaleskiluke, @olganyc1211, @williamyang120, and @davidaxelrod
| 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 …
More:
Instagram, Meta, TechCrunch, The Verge, Engadget, Forbes, BigTechWire, Android Headlines, PetaPixel, and Mashable
Tweets: @wongmjane, @wongmjane, @rmac18, @mgsiegler, @cordiliajames, and @cordiliajames
| Beatrice Peterson / ABC News: |
Meta plans to share its free, open-source Hasher Matcher Actioner moderation tool, which helps platforms identify terrorist or human trafficking content — It said it will help prevent the spread of violent images on the internet. — Meta, formerly named Facebook, said it's opening … | Urvi Dugar / Reuters: |
Elon Musk says Twitter Blue subscribers will see half the number of ads as non-subscribers and that the company 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 …
More:
Twitter, Gizmodo, City A.M., Livemint, TechCrunch, PCMag, CoinGape, and Android Headlines
Tweets: @elonmusk, @elonmusk, @twitterblue, @twittersupport, @divinetechygirl, @verified, @zacksjerryrig, @populismupdates, and @jaykirsch
| 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 … | Ivan Mehta / TechCrunch: |
Apple releases iOS 16.2, iPadOS 16.2, and macOS 13.1, with improved iCloud data encryption, AirDrop limitations, and a karaoke-like feature for Apple Music — Apple is rolling out its iOS 16.2 update for all users today along with iPadOS 16.2 and macOS Ventura 13.1.
More:
MacRumors, Thurrott, AppAdvice, 9to5Mac, Engadget, Engadget, The Verge, AppleInsider, AppleInsider, ZDNet, 9to5Mac, XDA Developers, Tom's Guide, OS X Daily, Redmond Pie, iPhone in Canada Blog, Forbes, iPhone Hacks, iDownloadBlog.com, BGR, BGR, and Wccftech. Tweets: @zollotech
| 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 … | Wall Street Journal: |
The EU publishes a draft approval of its preliminary US data sharing deal, struck in March to ease business sharing, after the US promised surveillance changes — Brussels gives tentative approval as part of pending deal to allow companies to transfer European data across the Atlantic
More:
European Commission, TechCrunch, Computerworld, Euractiv, Truth on the Market, and Associated Press
Tweets: @eu_justice and @tc_intlaw
| 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.”| 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:
Tweets: @sarthakgh
| Andy Greenberg / Wired: |
Forensic analysis: hackers planted files on three Indian activists and likely colluded with the police, yet 11 of 16 activists in the related case remain jailed — And new evidence suggests those hackers may have collaborated with the police who investigated him.| 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 … Sponsor Posts
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Zoho:
CIO challenge 6: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 6: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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