Techmeme
December 22, 2022, 5:25 AM

Top News

Washington Post:
The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond  —  Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors
U.S. Securities and Exchange Commission:
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022  —  The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …
Bloomberg:
Sam Bankman-Fried lands in the US to face criminal charges after being taken into custody on December 21, following extradition approval by a Bahamas judge  —  Sam Bankman-Fried is on his way to an airport to be flown to the US to face a litany of criminal charges after a Bahamas judge approved his extradition.
ProPublica:
Google's Display Network, which places ads on 2M+ websites, lets site owners stay anonymous while putting ads beside pirated content, porn, and disinformation  —  In late 2021, the right-wing site Conservative Beaver published a story falsely claiming the FBI had arrested Pfizer's CEO for fraud.
Bill Toulas / BleepingComputer:
Reports: an Android malware called Godfather is using overlaid login screens to get users' credentials on 400+ banking apps and crypto exchanges in 16 countries  —  An Android banking malware named ‘Godfather’ has been targeting users in 16 countries, attempting to steal account credentials …
New York Times:
Sources: OpenAI releasing ChatGPT led Google to declare a “code red”, including reassigning teams to respond to the threat ChatGPT poses to its search business  —  A new wave of chat bots like ChatGPT use artificial intelligence that could reinvent or even replace the traditional internet search engine.
Financial Times:
Sources: Alphabet, Meta, and Salesforce are seeking to abandon leased office space in London and Dublin; Amazon and Microsoft put London expansion plans on hold  —  Moves by Alphabet, Meta and Salesforce come as companies respond to downturn in sector's stocks by cutting costs
Tonya Riley / CyberScoop:
The FCC proposes a record-breaking ~$300M fine against an auto warranty scam robocall campaign that made 5.1B+ calls to 550M+ US phone numbers in Q1 2021  —  The Federal Communications Commission on Wednesday proposed a record-breaking $300 million fine against an auto warranty robocall campaign …

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Earlier Picks

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Juli Clover / MacRumors:
Ax Sharma / BleepingComputer:
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