Related Articles

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 (U.S. Securities and Exchange Commission)

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) …

Sources: Alameda CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives were aware that FTX lent its customers’ money to Alameda (Wall Street Journal)

Wall Street Journal:
Sources: Alameda CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives were aware that FTX lent its customers’ money to Alameda  —  Trading firm Alameda’s troubles helped lead to the bankruptcy of crypto exchange FTX  —  Alameda Research’s chief executive …

Amid a downturn, tech companies may shift their focus from “gee-whiz” projects, like self-driving cars and metaverses, to truly useful products that make money (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal:
Amid a downturn, tech companies may shift their focus from “gee-whiz” projects, like self-driving cars and metaverses, to truly useful products that make money  —  History shows that downturns are when the industry shifts focus from flashy novelties to things that are truly useful

At Code, CEOs and politicians voiced concerns about TikTok’s power, rapid growth, and surveillance potential, with some calling for it to be banned altogether (Alexandra S. Levine/Forbes)

Alexandra S. Levine / Forbes:
At Code, CEOs and politicians voiced concerns about TikTok’s power, rapid growth, and surveillance potential, with some calling for it to be banned altogether  —  At the Code Conference in LA, tech and media CEOs and politicians all expressed concerns about the Chinese-owned app — as a competitor, and as a national security risk.

A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022 (Jeff Kauflin/Forbes)

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …