| 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 … | New York Times: |
Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering — A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.| U.S. House Committee on Financial Services: |
FTX CEO John Ray's testimony to the US House: FTX and Alameda commingled customer assets, insiders were paid $1B+, FTX US was not run independently, and more — Chairwoman Waters, Ranking Member McHenry, distinguished members of the Committee: thank you for the invitation to appear before you today.| Brian Quarmby / Cointelegraph: |
The SEC prepares charges against SBF to be filed in the Southern District of New York on December 13, separate from those that led to his arrest in The Bahamas — SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC.| Steven Ehrlich / Forbes: |
| 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 … | Laura Forman / Wall Street Journal: |
Similarweb: desktop visits to Twitter's ad manager fell ~74% YoY in October and 85% in November, the largest drop since the takeover, continuing into December — Elon Musk is leading with narrative at Twitter. Don't lose sight of the dollars and sense. — Elon Musk's Unconventional Management Style: Former Employees Share Stories| 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| Platformer: |
Sources: on December 11, Twitter briefly blocked traffic from ~30 mobile carriers, mainly in the Asia-Pacific region, in 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.”| 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 … | Nelson Wang / CoinDesk: |
Coinbase transparency report: law enforcement requests rose ~66% YoY to 12,320 from October 2021 to September 2022; ~57% of them were from outside the US — The number of requests from the U.S., which accounted for about 43% of the total, increased by 6%. — Coinbase (COIN) … | 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.| Sarah Perez / TechCrunch: |
Sensor Tower: Lensa tops the US App Store charts with 3.6M installs in December; the app had 12.6M globally in December so far, up 600% from the end of November — 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 … | Lawrence Abrams / BleepingComputer: |
Some Uber employee records, corporate reports, and IT information were leaked online; Uber says the data is related to a breach of a third-party vendor — Uber has suffered a new data breach after a threat actor leaked employee email addresses, corporate reports, and IT asset information stolen …
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