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December 13, 2022, 9:25 AM
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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, Financial Times, BBC, PYMNTS.com, NBC News, Washington Post, The Hill, Insider, Reuters, The Verge, The Guardian, Blockworks, TechCrunch, Engadget, Financial Times, The Block, CoinDesk, Decrypt, Bloomberg, CNBC, Trustnodes, New York Times, CoinGape, Ethereum World News, BuzzFeed News, Like What you see? …, Wall Street Journal, HealthcareInfoSecurity.com, Axios, CryptoPotato, Cointelegraph, Semafor, Forkast, and Coinspeaker
Tweets: @secgov, @tier10k, @laurashin, @timccopeland, @cgasparino, @spreekaway, @pt, @meattc_, @testinprodcap, @silvermanjacob, @cryptocronkite, @desogames, @arthur_0x, @twobitidiot, @zerohedge, @mayazi, @kadhim, @robdothutton, @ivanthek, @annmlipton, @jim_edwards, @hedgeye, @truecrypto28, @juleshyman, @annmlipton, @annmlipton, @hedgeye, @mrjasonchoi, @cryptodonalt, @robinwigg, @hsakatrades, @hsakatrades, @scottmelker, @kadhim, @mc_of_a, @jim_edwards, @timccopeland, @wublockchain, @timccopeland, @loopifyyy, @boxmining, @claritytoast, @breakoutpoint, @goldseek, @tier10k, @kadhim, @wublockchain, @smtuffy, @birdyword, @tier10k, @hsakatrades, @claritytoast, @lookner, @kadhim, @jonerlichman, @tree_of_alpha, @belisarius2020, @johnedeaton1, @meattc_, @kadhim, @mayazi, @tree_of_alpha, @tier10k, @lisaabramowicz1, @du09btc, and @ldrogen
| 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, Insider, Bloomberg, BBC, Finbold, Decrypt, The Guardian, The Verge, Appuals.com, ABC News, CNN, Semafor, Understandably, Washington Post, Associated Press, Politico, Bloomberg, Reuters, Inside Bitcoins, The Block, New York Post, Fortune, and @steventdennis@journa.host
Tweets: @sdnynews, @sarahnemerson, @latraelrahming, @tier10k, @kaitlancollins, @techemails, @sbf_ftx, @repleezeldin, @tier10k, @chancery_daily, @coffeebreak_yt, @kadhim, @tina_davis, @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, @mattbinder, @kr00ney, @jason, @davidsirota, @autismcapital, @davidhundeyin, @asvanevik, @lopp, @nmasc_, @renato_mariotti, @chainlinkgod, @beyondreasdoubt, @ivanthek, @hosseeb, @schuldensuehner, @balajis, @tomaskenn, @basedkarbon, @el33th4xor, @matthewstoller, @autismcapital, and @pythianism
| 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.
More:
CoinDesk, Cointelegraph, Bloomberg, Reuters, TechCircle, Politico, CNBC, Molly White, CoinGape, MediaNama, Coinspeaker, CryptoPotato, Fortune, CoinGeek, Protos, Insider, Silicon Republic, Gizmodo, International Business Times, Decrypt, Forkast, The Week, Bitcoinist.com, and TIME
Tweets: @tier10k, @yaffebellany, @johnedeaton1, @coinbureau, @unusual_whales, @smtuffy, @kenvogel, @dylanleclair_, @adamscochran, and @cgasparino
| 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.
More:
U.S. House Committee …, Bloomberg, CNBC, Financial Times, New York Times, CoinGape, Cointelegraph, and Forbes
| 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:
Engadget, TheStreet, CNBC, MarketWatch, Insider, The Block, Livemint, Cointelegraph, WRAL TechWire, International Business Times, CryptoPotato, Tech Xplore, and Reuters
Tweets: @workmj, @jeffjohnroberts, @bradmichelson, @claireeboston, @financeleo, and @umbrella_uni
| 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, PYMNTS.com, CNBC, Bloomberg, Wall Street Journal, CoinJournal, Coinspeaker, Cryptopolitan, Cointelegraph, CryptoSlate, Bitcoinist.com, and crypto.news
Tweets: @cz_binance, @justinsuntron, @binance, @nansen_ai, @wublockchain, @cz_binance, @cz_binance, @malwarejake, @jp_koning, @peckshieldalert, @0xponzischeme, @jp_koning, @cz_binance, @cz_binance, @cz_binance, @tree_of_alpha, @fredwalton216, @j0e007, @adamscochran, @akadosang, @nansen_ai, @jackniewold, @cz_binance, @simondixontwitt, @mikeburgersburg, @tree_of_alpha, @tree_of_alpha, @route2fi, @kamikaz_eth, @loopifyyy, @lookonchain, and @themlpx
| 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 …
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Twitter, Insider, Android Authority, TechCrunch, Android Headlines, CoinGape, TechCircle, and NBC News
| Laura Forman / Wall Street Journal: |
| 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:
City A.M., CNBC, Semafor, Wall Street Journal, 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 …
More:
PCMag, Firstpost Tech, and Tech Monitor
Tweets: @sino_market, @therealjoshye, @edark94, and @therealjoshye
| 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.”
More:
Insider, @caseynewton@mastodon.social, and @Popehat@mastodon.social
Tweets: @elonmusk, @elonmusk, @justin_ling, @saeeddicaprio, @mattbinder, @jonst0kes, @nuicemedia, @zoeschiffer, and @elonmusk
| 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:
Silicon Republic, Livemint, Financial Times, Bloomberg, BRIGHT, Associated Press, BGR India, TechCrunch, Axios, ExchangeWire.com, Engadget, The Information, Newser, and Rolling Stone
| 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 … | 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, @joshuasteinman, @csetgeorgetown, and @derekjgrossman
| Ben Thompson / Stratechery: |
A brief history of the 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:| Ingrid Lunden / TechCrunch: |
Zappi, which offers an automated, AI-based market research service, raised $170M from Sumeru Equity Partners and others and says it has 350 clients — Fundraising may be drying up for some segments of the tech industry at the moment, but one area that continues to get a lot of attention …
More:
SiliconANGLE, VentureBeat, PRWeb, Tech.eu, Research Live, and UKTN
| 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 …
More:
Silicon Republic, RestorePrivacy, and SecurityWeek
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