Elon Musk’s ban of competing social media platforms — except TikTok, I’m sure there’s a good reason for that besides his Tesla factory in China — seems to be aggravating people. To cite Twitter scripture: Is that good?
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Ryan Broderick gets at the core emotional experience of what happened in the chaotic forum drama last night: “The man is jacked directly into the feed and it turns out the feed is screaming back at him, ‘you fucking suck.’”
A pro-tip for our readers: Money can’t buy love. If love’s what you want, be a lover.
[www.garbageday.email]
Drew Harwell, Matt Binder and ElonJet, all banned from Twitter, were nonetheless hanging out in a Twitter Space. Perfect website.
Salame, FTX’s former co-CEO, warned Bahamian regulators on Nov. 9 that FTX transferred funds to Alameda Research to “cover financial losses,” according to court filings.
The regulators wrote in the filing:
The Commission understood Mr. Salame as advising that the transfer of clients’ assets in this manner was contrary to the normal corporate governance and operations of FTX Digital. Put simply, that such transfers were not allowed and therefore may constitute misappropriation, theft, fraud or some other crime.
Salame named names, too: only Sam Bankman-Fried, Nishad Singh, and Gary Wang could have done it. FTX filed for bankruptcy on Nov. 11 in the US.
Yesterday, Bankman-Fried was charged with money laundering, wire fraud, securities fraud, commodities fraud, and some assorted conspiracy charges.
[DocumentCloud]
... and it’s not just because of the Bankman-Frieds or Elizabeth Holmes.
Marc Tessier-Lavigne, the president of Stanford, is also under investigation for scientific misconduct. There are also lawsuits around student deaths and a person who posed as an undergrad on campus for a whole year.
[The San Francisco Standard]
