Money
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Analysis of Elon Musk's reported attempts to raise more money through an equity sale at an absurd price, why his successor's job will be unenviable, and more (Matt Levine/Bloomberg)
Matt Levine / Bloomberg: Analysis of Elon Musk’s reported attempts to raise more money through an equity sale at an…
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Five agency executives say Netflix is delivering ~80% of the expected audience for its ad-supported tier and releasing unspent ad money; stock drops 6%+ (Tim Peterson/Digiday)
Tim Peterson / Digiday: Five agency executives say Netflix is delivering ~80% of the expected audience for its ad-supported tier…
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An attempt to understand how much real-world money was lost by SBF and FTX, a key question for the SEC, suggests only a fraction of crypto's peak $3T value (Paul J. Davies/Bloomberg)
Paul J. Davies / Bloomberg: An attempt to understand how much real-world money was lost by SBF and FTX, a…
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The DOJ charged SBF with violating campaign finance laws, creating a showdown over what could be the biggest recent illegal infusion of money in US politics (Bill Allison/Bloomberg)
Bill Allison / Bloomberg: The DOJ charged SBF with violating campaign finance laws, creating a showdown over what could be…
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SBF's "carelessness" fraud defense, after misrepresenting risk management and funneling customer money to Alameda, is a confession the SEC sees straight through (Matt Levine/Bloomberg)
Matt Levine / Bloomberg: SBF’s “carelessness” fraud defense, after misrepresenting risk management and funneling customer money to Alameda, is a…
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The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more (CNBC)
CNBC: The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy,…
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Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering (New York Times)
New York Times: Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy,…
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Sources: US prosecutors are split on charging Binance and its executives over possible money laundering and sanctions violations and have discussed a plea deal (Reuters)
Reuters: Sources: US prosecutors are split on charging Binance and its executives over possible money laundering and sanctions violations and…
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