December 22, 2022, 9:45 PM

Top News

Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; a judge grants a $250M bail confining him to his parents' Palo Alto 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, Wall Street Journal, New York Times, Insider, Bloomberg, Blockworks, New York Post, Cointelegraph, Associated Press, Daily Mail,, Decrypt, New York Post, Inside Bitcoins, CoinDesk, New York Daily News, The MexicaNFTimes, Forkast, The Guardian, Matthew Russell Lee's …, Semafor, BBC, Los Angeles Times, Financial Times, The Information, Bloomberg, CryptoPotato, Ethereum World News, CNN, Decrypt, Axios, and NBC News
Emily Baker-White / Forbes:
ByteDance fired four employees after finding in a probe they accessed data on US TikTok users, including reporters, while trying to learn the sources of a story  —  ByteDance confirmed it used TikTok to monitor journalists' physical location using their IP addresses, as first reported by Forbes in October.
Zack Whittaker / TechCrunch:
LastPass says a threat actor stole a backup copy of its customers' encrypted vault data using cloud storage keys stolen from a LastPass employee in August 2022  —  Password manager giant LastPass has confirmed that cybercriminals stole its customers' encrypted password vaults …
Washington Post:
The SDNY says ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on $250K bonds  —  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 roles 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) …
Sam Reynolds / CoinDesk:
Amanda Silberling / TechCrunch:
Twitter begins rolling out publicly visible tweet view counts, expanding on private analytics; Elon Musk says view counts will help show how “alive Twitter is”  —  Twitter is rolling out a feature that shows how many people view your tweets, similar to features on platforms …
Brayden Lindrea / Cointelegraph:
Twitter improves its $Cashtags to include stock, ETF, and crypto price charts sourced from TradingView within its search results, plus a View on Robinhood link  —  Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.
Wall Street Journal:
YouTube buys NFL Sunday Ticket's residential rights for seven years, sources say for ~$2B/year; DirecTV paid $1.5B/year for residential and commercial rights  —  Video streamer to pay annual fee of roughly $2 billion under seven-year deal  —  Created with sketchtool.
Joanna Ossinger / Bloomberg:
Crypto exchange Bullish, backed by Peter Thiel, and Far Peak, a SPAC led by ex-NYSE President Thomas Farley, call off their planned $9B merger announced in 2021  —  Cryptocurrency exchange Bullish and special-purpose acquisition company Far Peak Acquisition Corp. have called off their planned merger.
Alex W. Palmer / New York Times:
President Jair Bolsonaro signs into law Brazil's first crypto framework, which defines digital assets and provides ground rules for crypto brokerages  —  Brazilian President Jair Bolsonaro signed into law the country's first framework for cryptocurrency, with ground rules for brokerages …
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 …
Jennifer Elias / CNBC:
Internal documents detail Google's new performance review process, estimating 6% of full-time employees will get low ratings starting in 2023, versus 2% before  —  - Google has released new details of its performance system overhaul and it shows employees will more easily fall into lower-rated categories.
Davey Alba / Bloomberg:
Research: tens of thousands of Twitter poll bot votes can cost less than $100, potentially undermining Elon Musk's move to rely on polls for company decisions  —  New Twitter Inc. owner Elon Musk has outsourced several controversial decisions — like whether to reinstate former US President …
Mike Masnick / Techdirt:
Mastodon, Nostr, and other decentralized social networks are having a moment despite their complexity, thanks to the rich and out of touch Twitter and Meta CEOs  —  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 …

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