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December 10, 2022, 9:00 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 Crypto Basic, The Economic Times, Crypto Daily, Bitcoinist.com, Crypto Adventure, Crypto Briefing, Bitcoin News, BTC Times, Insider, The Information, The Verge, crypto.news, CoinGape, Watcher Guru, Web3 is going just great, CryptoSlate, Cointelegraph, and Bitcoin Magazine
Tweets: @sarafischer, @mccaffrmike, @fintechfrank, @autismcapital, @tier10k, @mccaffrmike, @punk6529, @tier10k, @mccaffrmike, @mashinsky, @lawmaster, @mccaffrmike, @realdannynelson, @nlw, @kyleldavies, @danheld, @lawmaster, @fintechfrank, @mdudas, @fintechfrank, @axios, @zhusu, @mdudas, @tier10k, @mccaffrmike, @mccaffrmike, @zhusu, @jeffjohnroberts, @mdudas, @pythianism, @zosegal, @iohk_charles, @epsilontheory, @coinmamba, @ddiamond, @joshconstine, @autismcapital, @hsakatrades, @robinwauters, @nlw, @mdudas, @fintechfrank, @twobitidiot, @xbt002, @defiyst, @fintechfrank, @sassal0x, @tomaxwell, @tier10k, @venturecoinist, @coffeebreak_yt, @iamdcinvestor, @econoar, @btcgandalf, @caseyjohnston, @cokiehasiotis, @mdudas, @lawmaster, @lawmaster, @bitcoinissaving, @saylor, @iankar_, @fintechfrank, @novogratz, @hsakatrades, @mdudas, @mayazi, @bitboy_crypto, @adamscochran, @iamdcinvestor, @hudsonjameson, @cobie, @cobie, @ryanjamesweeks, @twobitidiot, @jeetsidhu_, @zhusu, @jespow, @lawmaster, @teroterotero, @lynaldencontact, @johnbiggs, @swagtimus, @timccopeland, @jacqmelinek, @colinwilhelm, @amuse, @theblock__, @adamscochran, @alexandre_lores, @jeffgiesea, @sarafischer, @adamscochran, @samro, @fredbenenson, @anthony, @alexandergrieve, @domschiener, @jeffjohnroberts, @novogratz, @coffeebreak_yt, @sarahnemerson, and @mikeisaac
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
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
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”
More: The Atlantic, Insider, What Is Really Going On, Gizmodo, MobileSyrup, and MindWar
Tweets: @annecollier, @bariweiss, @ellagirwin, @justinbaragona, @abgutman, @bariweiss, @daveyalba, @unusual_whales, @spdustin, @jeremylittau, @alexstamos, @mattbinder, @scottjshapiro, @elonmusk, @esqueer_, @jeffbercovici, @orinkerr, @donmoyn, @gallagherfergal, @nickmartin, @pwnallthethings, @sarahfrier, @willoremus, @emptywheel, @the_nerd_skull, @donmoyn, @stevanzetti, @jeremylittau, @jamessurowiecki, @charlesarthur, @scottjshapiro, @ted_scheinman, @thetomzone, @dancow, @daveyalba, @thatianelliott, @qjurecic, @zoeschiffer, @44, @nicoleperlroth, @parismarx, @karaswisher, @willoremus, @orinkerr, @whiteroseafa, @saletan, @thetomzone, @zaleskiluke, @nkulw, @mattbinder, @parismarx, @atrupar, @joshuaphilll, @radiofreetom, @parismarx, @anthony, @adrianweckler, @tomscocca, @noahgarfinkel, @amuse, @carlquintanilla, @alexstamos, @mattbinder, @juliusgoat, @tupp_ed, @mattbinder, @jtlol, @ellagirwin, @elizableu, @spdustin, @elonmusk, @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, @wongmjane, @bariweiss, @joshuatopolsky, and @carnage4life
See also Mediagazer
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.
CNBC:
A profile of Crypto.com CEO Kris Marszalek, who was involved in several failed ventures before founding the exchange, including an e-commerce company  —  - Before founding Crypto.com, Kris Marszalek was involved in multiple ventures that ended in collapse, including one where suppliers claimed they were unable to access their earnings.
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
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 …

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From Mediagazer

Matthew Keys / TheDesk.net:
A district court judge in California issues a preliminary injunction blocking Nexstar's acquisition of Tegna while an antitrust lawsuit proceeds

Winston Cho / The Hollywood Reporter:
How the new Avatar: The Last Airbender animated film leaked months before its Paramount+ premiere; sources: Paramount ruled out a vulnerability in its systems

Bloomberg:
A look at Chinese streamer iQiyi's overhaul effort to be the industry's biggest AI adopter, as it aims to release a successful GenAI film as soon as summer 2026

Earlier Picks

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
Chance Miller / 9to5Mac:
Apple and Ericsson reach a licensing agreement over “patented cellular standard-essential technologies” and more, ending a years-long legal battle
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