Sam Bankman-Fried gambled on a trial and his parents lost
Over five weeks, the FTX founder’s parents watched from the galleys — deluded, humiliated, and finally defeated. The jury took a little over four hours to reach a verdict. When Joseph Bankman and Barbara Fried, the defendant’s parents, came into the courtroom, they looked frightened. Bankman put his arm around
Read MoreFTX founder Sam Bankman-Fried is guilty of fraud
Photo illustration by Cath Virgina / The Verge The trial could have huge implications for the crypto industry. Stay up to date as The Verge covers the trial from the Manhattan court. Sam Bankman-Fried, the founder of failed cryptocurrency exchange FTX, has been found guilty of seven counts including wire
Read MoreSam Bankman-Fried found guilty of fraud
Photo Illustration by Cath Virginia / The Verge Former cryptocurrency kingpin Sam Bankman-Fried has been found guilty of fraud. A New York jury delivered the verdict on November 2nd, concluding a trial that has seen Bankman-Fried defend himself against claims that he criminally mismanaged his crypto exchange FTX and trading
Read MoreX runs ‘timeline takeover’ ad promoting anti-trans film
Thursday on X (Twitter), all users saw the same pinned topic under the “What’s happening?” sidebar. As part of a “timeline takeover” — which gives advertisers “priority access to logged-in users’ first impression of the day” — conservative media nonprofit PragerU is promoting the hashtag “#DETRANS” to advertise its new
Read MoreSam Bankman-Fried found guilty on all seven counts
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty on all seven counts related to fraud and money laundering. The defendant is “charged with a wide-ranging scheme to misappropriate billions of dollars of customer funds deposited with FTX and mislead
Read MoreFord shutters company building an app for plumbers, electricians and other trades
Ford has shut down VIIZR, a software-as-a-service company that along with Salesforce built an app to help tradespeople like plumbers, locksmiths and electricians to schedule field appointments, send invoices and manage customers, TechCrunch has learned. About 40 people who worked at VIIZR were laid off. VIIZR, which was announced in
Read MoreUber and Lyft pay $328M to settle wage-theft complaints in New York
Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state attorney general Letitia James’ investigation into whether the companies collected certain fees and taxes from drivers rather than passengers. The investigation also looked into
Read MoreAnalyst says Bletchley Declaration delivers the right type of signals
The signing yesterday of the Bletchley Declaration, a document that focuses on the safe development and use of artificial intelligence (AI) technology, by representatives of 28 countries including Canada, revolves only around “setting signals and demonstrating a willingness to cooperate,” said Forrester principal analyst Martha Bennett. “This declaration is not
Read MoreWebex integrates AI everywhere
At its annual WebexOne conference last week, Cisco unveiled additional artificial intelligence (AI) features in its Webex suite that build on those it announced in March, all of which aim, it said, to improve both hybrid work and customer experience. Jeetu Patel during his keynote at WebexOne 23 It was,
Read MoreCoinbase’s Q3 revenue beat expectations, but its shares fell as growth prospects underwhelmed
The most bearish thing we can summon is that Coinbase is skating atop a wave of rising interest-based incomes. © 2023 TechCrunch. All rights reserved. For personal use only.
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