In a bankruptcy hearing, FTX lawyers say a “substantial amount” of assets have been stolen from accounts; client names and addresses will be redacted for now (Ken Sweet/Associated Press)

Ken Sweet / Associated Press:
A report by Senator Warren’s office: fraud and scams are occurring more often on P2P payments app Zelle, with banks only reimbursing ~47% of defrauded customers  —  Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according …

Callan Quinn / The Block:
Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund  —  – Binance has released the addresses of its hot and cold wallets.  — It provided a snapshot of its current holdings.

Colin Wilhelm / The Block:
The House Financial Services Committee plans a hearing on FTX’s collapse in December and invites Sam Bankman-Fried and other executives  —  – The House Financial Services Committee will hold a hearing on FTX in December.  — In a joint statement announcing the hearing, current Chair Maxine Waters …

CNBC:
Filing: US DOJ has requested that an independent examiner be appointed to review “substantial and serious allegations of fraud, dishonesty” in FTX’s bankruptcy  —  – FTX’s bankruptcy case demands an independent review, the Department of Justice said, because of allegations of fraud …

Mitchell Clark / The Verge:
Google starts testing client-side encryption for Gmail with some Workspace users, and plans to add it to its Android and iOS apps  —  Google has launched a beta of its client-side encryption for Gmail, letting businesses apply to test out the feature meant to make “sensitive data” and attachments unreadable even to Google.

Mitchell Clark / The Verge:
Google starts testing client-side encryption for Gmail with some Workspace users, and plans to add it to its Android and iOS apps  —  Google has launched a beta of its client-side encryption for Gmail, letting businesses apply to test out the feature meant to make “sensitive data” and attachments unreadable even to Google.