December 22, 2022, 3:10 PM

Top News

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) …
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
Sam Reynolds / CoinDesk:
The SEC's complaint against Caroline Ellison and Gary Wang says FTX's FTT token is a security as it was sold as an investment contract  —  Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.
Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; judge grants bail with a $250M bond and custody at his parents' CA home  —  Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse …
More: CNBC, Bloomberg, New York Times, Wall Street Journal, Daily Mail, Associated Press, The Information, USA Today, Los Angeles Times, Decrypt, CoinDesk, New York Post, Washington Post, Axios, New York Post, Financial Times, NBC News, Bloomberg, Matthew Russell Lee's …, CoinGape, CryptoSlate, Semafor, CNN, BBC, Associated Press, Cointelegraph, The Guardian, Blockonomi, and Fortune
Wall Street Journal:
YouTube acquires NFL Sunday Ticket residential rights for seven years, starting in 2023, sources say for ~$2B per year; DirecTV reportedly currently pays $1.5B  —  Video streamer to pay annual fee of roughly $2 billion under seven-year deal  —  Created with sketchtool.
Cecilia Kang / New York Times:
An internal ByteDance investigation finds a few employees accessed data on US TikTok users, including two reporters, while trying to find sources for a story  —  The company's internal investigation showed that workers also obtained data on a small number of other U.S. users.
Amanda Silberling / TechCrunch:
Twitter begins rolling out public view counts for tweets, expanding on video view counts and analytics; Elon Musk says they will show how “alive Twitter is”  —  Twitter is rolling out a feature that shows how many people view your tweets, similar to features on platforms like YouTube …
Brayden Lindrea / Cointelegraph:
Twitter rolls out $Cashtags, offering stock, ETF, and crypto prices within search results using data from TradingView, along with a View on Robinhood link  —  Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.
Alex W. Palmer / New York Times:
How ByteDance and TikTok, which owe their existence to intermingled Western and Chinese ideas, capital, and people, became entangled in the US-China rift  —  A Chinese app conquered the planet — and now the U.S. is threatening to shut it down.  Can the world's biggest virality machine survive?
Mike Masnick / Techdirt:
Mastodon, nostr, and other decentralized social networks are having a moment, despite some complexity, propelled by the apparent decline of Twitter and Meta  —  So, it's been quite a year for legacy, centralized social media — and all without any really big change to the laws that govern it …
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.
Alex Thompson / Politico:
Investigation: Eric Schmidt helps fund the salaries of over 24 Biden administration officials through the Federation of American Scientists and Schmidt Futures  —  Eric Schmidt, the former CEO of Google who has long sought influence over White House science policy, is helping to fund …
Steve Dent / Engadget:
Google open sources privacy-enhancing tech that blurs objects in a video and that lets developers work on encrypted data without accessing personal information  —  Google has announced that two of its latest privacy-enhancing technologies (PETs), including one that blurs objects in a video …
More: Gizmodo

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