Tuesday, October 17, 2023

US v. SBF: Nishad Singh says SBF used customer funds for spending sprees that "reeked of excess" and he learned of an $8B hole two months before FTX collapsed (New York Times)

New York Times:
US v. SBF: Nishad Singh says SBF used customer funds for spending sprees that “reeked of excess” and he learned of an $8B hole two months before FTX collapsed  —  Nishad Singh, testifying at Mr. Bankman-Fried's fraud trial, said FTX customer deposits were used to buy luxury real estate …



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How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (Ryan Gallagher/Bloomberg)

Ryan Gallagher / Bloomberg : How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed bef...