Saturday, January 14, 2023

An FTX lawyer told the Delaware bankruptcy court that SBF asked FTX cofounder Gary Wang to create a secret backdoor to let Alameda borrow $65B of clients' money (Pete Syme/Insider)

Pete Syme / Insider:
An FTX lawyer told the Delaware bankruptcy court that SBF asked FTX cofounder Gary Wang to create a secret backdoor to let Alameda borrow $65B of clients' money  —  - Bankruptcy lawyers said Sam Bankman-Fried's Alameda had access to a $65 billion credit line from FTX.



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Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters : Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features t...