Podcasts about alameda research

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Best podcasts about alameda research

Latest podcast episodes about alameda research

Why Is This Happening? with Chris Hayes
WTH Happened with FTX? with Tonya Evans

Why Is This Happening? with Chris Hayes

Play Episode Listen Later Jan 24, 2023 58:45


Last year's Super Bowl featured a who's who of celebrities hawking cryptocurrency and crypto platforms like FTX. In retrospect that looks like the boom before the bust. This year, crypto prices have tumbled and one of the most valued exchanges, FTX, collapsed in a cloud of alleged fraud and federal indictments. So is it all a scam? A pyramid scheme? Will crypto endure? Our guest this week thinks it will, but says accused fraudster Sam Bankman-Fried has shown the world just how risky the market can be for new users. It remains unclear if FTX customers will ever get their money back or if crypto can ever be seen more broadly as a trustworthy store of value. Tonya Evans is a tenured full professor at Penn State Dickinson Law School whose work focuses on the legal, regulatory, policy and economic justice implications of new technologies and innovation. She also hosts a weekly podcast called “Tech Intersect,” all about the intersection of law, business and tech. Evans joins WITHpod to discuss why, in her view, the collapse of FTX isn't a crypto problem, rather a fraud problem, what the future of regulation in the space could look like and more.

What Bitcoin Did
Trapped Inside The Collapse of FTX with Travis Kling

What Bitcoin Did

Play Episode Listen Later Jan 20, 2023 97:48


“The bad guys are kicking the shit out of the good guys. Look at what just happened, this shit is in shambles right now. The space has this attack vector from intelligent sociopaths, and they've done so much damage at this point.”— Travis KlingTravis Kling is the Chief Investment Officer at Ikigai. In this interview, we discuss being on the frontline of the FTX collapse: Ikigai had a large majority of its investment funds in FTX when it stopped withdrawals; Travis had a majority of his liquid net worth also stuck in the bankrupt company. - - - - 2022 will be a defining moment for crypto. In November 2021, the total market valuation was approaching $3 trillion. By the middle of 2022 the market valuation was down to $800 million. UST had depegged in May and caused contagion to ripple through the market: in short order Celsius, 3AC and Voyager all filed for bankruptcy. And yet, the biggest shoe was yet to drop. In January 2022 FTX was valued at $32 billion. The August/September issue of Fortune magazine compared FTX's founder and CEO Sam Bankman-Fried (SBF) to Warren Buffet. Commentators, investors and media outlets likened SBF to JP Morgan as he bailed out struggling competitors. He'd been hosted by congressional committees in DC to help shape legislation multiple times. SBF was seemingly untouchable.That all changed in November with a rapid fall. On November 2nd CoinDesk reported on concerning balance sheet issues at FTX's sister company Alameda Research. On November 6th, Binance announced it would liquidate its entire holding of FTX's FTT token. On November 7th a run on FTX began. On November 8th FTX halted withdrawals. Days later it filed for bankruptcy.SBF was orchestrating a years-long fraud of epic proportions. Some in the industry had raised concerns, but many believed the hype. What Bitcoin Did did not have a relationship with FTX, but there are scenarios where that could have been different. Others did have relationships with FTX. For example Travis Kling, who had a large majority of his investment funds and personal liquid net worth stuck in FTX.On November 14th Travis posted a Tweet thread: “I have some pretty bad news to share… I lost my investors' money after they put faith in me to manage risk and I am truly sorry for that. I have publicly endorsed FTX many times and I am truly sorry for that. I was wrong.” This show goes through what happened and reflections on where we go from here. As this show goes live shortly after Genesis filed for bankruptcy, it's obvious we're still in the midst of this mess.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereFidelity - Careers in cryptoLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by default-----WBD608 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Daily Crypto Report
"Alameda Research wallets fumble over $1 million in fresh asset liquidations" Jan 15, 2023

Daily Crypto Report

Play Episode Listen Later Jan 15, 2023 6:17


Today's blockchain and cryptocurrency news Bitcoin is down slightly at $20,703 Ethereum is down slightly at $1,532 Binance Coin is up slightly at $298 Aptos up 15% Arkham says Alameda Research lost over $1 million in asset liquidations this weekend. Anthony Scaramucci is investing in startup from former FTX US president Brett Harrison Justin Sun evaluating a $1B buy of DCG assets. Gamini hit with new lawsuit seeking class-action status.   Sortium raises a $7.8M seed round. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rising
Rising 1.12.23: SBF blames FTX fail on rival crypto firm CZ Binance, Gas stove hysteria spreads,Shocking Andrew Tate assault audio leaked, And More

Rising

Play Episode Listen Later Jan 13, 2023 82:35


Today on Rising:New: SBF blames FTX fail on rival crypto firm CZ Binance, blasts bankruptcy team as ‘risk-averse' (00:00)Briahna Joy Gray: LYIN' BIDEN abandons the poor, does DIRTY WORK for insurance industry (10:42)IRS went after POOREST in 2022, report shows: BRIE VS. LIZ TAX SHOWDOWN (23:46)Gas stove hysteria spreads as libs claim it's like an 'idling car' in your kitchen: Brie & Robby (36:00)Biden corruption reckoning? Second batch of classified papers found, GOP asks for Hunter Biden docs (43:37)Stacey Abrams Says She'll Likely Run For Office AGAIN Despite 'UNFAIR' Previous Losses (54:19) FDA advisers angry about withheld bivalent booster data: Report. $5B taxpayer funds wasted? (01:04:01)Shocking Andrew Tate assault audio leaked: 'I f***ing loved how much you hated it' (01:12:33)

Late Confirmation by CoinDesk
THE HASH: Crypto Lender Nexo Under Investigation in Bulgaria; Sam Bankman-Fried Denies Stealing FTX Funds

Late Confirmation by CoinDesk

Play Episode Listen Later Jan 12, 2023 24:08


The most valuable crypto stories for Thursday, January 12, 2023. "The Hash" group discusses the latest headlines moving the crypto markets, including crypto lender Nexo being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license, and computer fraud. Plus, former FTX CEO Sam Bankman-Fried denies stealing funds and claims FTX and sister company Alameda Research collapsed because of the crypto market meltdown and inadequate hedging on Alameda's part, in a new post on Substack.See also:Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax ViolationsSam Bankman-Fried Denies Stealing FTX Funds in New Online PostFTX Loan Wiped Out $800M in BlockFi Executives' Equity, Court Filing Reveals-This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Go Beyond: The Pursuant Listening Experience for Nonprofits

The fall of cryptocurrency exchange FTX has many nonprofits wondering whether accepting donations in the form of crypto is still a good idea. Just as many may be wondering what it all even means — FTX? SBF? Worry not. In this episode, we talk with Pat Duffy, co-founder of The Giving Block, a platform that makes it easy for crypto to be both donated and accepted. Pat walks us through what nonprofits need to know. But first, a brief explainer: FTX stands for Futures Exchange. It was one of the biggest exchanges for trading cryptocurrency and was lauded for being one of the most transparent. SBF is Sam Bankman-Fried, FTX's former founder and CEO. He resigned when the company filed for bankruptcy on November 11, 2022. It was reported that FTX transferred $10 billion of its customer assets to its sister company, Alameda Research. Investors pulled out, the value plummeted, and the money disappeared. Simply put, people deposited their crypto on FTX, and Bankman-Fried used it to make various investments and acquisitions. When the FTX value tanked and investors wanted to cash out, their money wasn't there. CoinDesk, a digital currency news site, broke the story and has covered it extensively. It's a great resource if you want to learn more. The news may have you rethinking whether crypto is safe for your organization, but Pat says there's little need to worry. Few nonprofits are holding or investing in crypto; most crypto gifts are converted to cash as soon as they're made. If you do hold crypto, make sure the exchange you use is supported by a trusted company that will back your investment 1:1. Pat encourages nonprofits to stick with cryptocurrency donations, expanding donors' options and enabling them to give more while claiming generous tax advantages. The number of cryptocurrency donors continues to grow each year. Plus, diversifying the ways you accept donations will accommodate younger generations. You can read The Giving Block's response to nonprofits asking, “What's next?” regarding the FTX crash here. You can also check out Pat Duffy's recent article for CoinDesk: “Greed, Lies and FTX: Is Crypto a Force for Good or Evil?”

Il était une fois l'entrepreneur
Sam Bankman-Fried: la chute d'un mythe - Ep 2

Il était une fois l'entrepreneur

Play Episode Listen Later Jan 10, 2023 15:28


Sam Bankman-Fried a une seule ambition: devenir riche pour redonner. Et pour devenir riche, il crée une société de trading, Alameda Research en 2017 puis une plateforme de crypto-monnaies, FTX en 2019. Dans ce 2e épisode, Sam devient une célébrité des cryptos et fait même la couverture de Forbes comme un des plus jeune milliardaire de sa génération. Pourtant, sa rivalité avec ChangPeng Zhao dit CZ ne cesse de s'accentuer. Les 2 fondateurs, au départ actionnaires communs, se tirent à boulet rouge. C'est même Sam qui dépasse les bornes et essaie de couler CZ et sa plateforme, Binance, auprès des régulateurs américains. Lorsqu'un article de CoinDesk dénonce les problèmes de proximité entre Alameda Research et FTX, CZ s'empresse de retirer tout son argent de la plateforme. C'est un véritable séisme pour FTX qui se retrouve alors acculé… et Binance veut les racheter. Mais lorsque CZ découvre les comptes, il annule son intention d'achat. Sam aurait utilisé les fonds des clients de FTX pour faire du trading sur Alameda. Pratique totalement interdite. FTX puis Alameda Research font faillite en novembre 2022 et Sam démissionne de son poste. Le 12 décembre, suite à des poursuites judiciaires, il est arrêté aux Bahamas puis extradé aux Etats-Unis. Sam n'a désormais plus le choix… de nombreuses années de prison semblent se profiler à l'horizon. Notes Merci à mon sponsor pour son soutien, CyberGhost VPN. Pour bénéficier de l'offre que j'ai négocié pour vous:Cliquez ici ==> https://www.cyberghostvpn.com/LaurentBrouat Pour retrouver toutes les notes de l'épisode: => https://inspire-media.fr/sam-bankman-fried-la-chute-dun-mythe-ep-2/

Corruption Crime & Compliance
The FTX Crypto Exchange Scandal -- Interview of Matt Stankiewicz from The Volkov Law Group

Corruption Crime & Compliance

Play Episode Listen Later Jan 9, 2023 39:49


The cryptocurrency industry is a young and rapidly growing one fraught with legal and economic risks. These risks can be exploited by ill-intentioned parties to fill their pockets and fund their lavish lifestyles. One such party is the disgraced founder of FTX, Sam Bankman-Fried (commonly called “SBF”), former darling of Silicon Valley and Wall Street. The FTX exchange was hailed as the gold standard for cryptocurrency, but a series of events led to a bank run and exposed the fraudulent scheme behind-the-scenes. Matt Stankiewicz joins Michael Volkov to discuss the legal ramifications of the fall of FTX and SBF.Matt Stankiewicz is Partner at the Volkov Law Group, specializing in anti-bribery & corruption controls and compliance programs. Recently, he was responsible for conducting a global anti-corruption compliance audit and testing of Fortune 100 medical device company's activities in ten countries. Some ideas you'll hear them explore are:Having well over 100 subsidiaries across the globe, FTX was the go-to cryptocurrency exchange, even allowing users to trade various derivative products. At its height, the peak daily trading volume on FTX was over $20 billion. As it turned out, FTX was closely linked to a crypto trading firm called Alameda Research, founded by SBF, who owned 90% of it when it collapsed. It was a crypto hedge fund, Matt comments. Alameda used FTX to do all their trading and investments, and enjoyed special privileges that were not revealed to the public or to investors. One such privilege was exemption from FTX's risk management software that required users to use some of their assets as collateral if they were trading on margin.Lack of regulatory clarity is a major risk in the cryptocurrency industry. This lack of clarity creates opportunities for fraud, as well as challenges for companies trying to comply with regulations. Companies that adopt strong ethics and compliance programs can mitigate the risks of cryptocurrency and be more successful than those who do not.One of the biggest appeals of cryptocurrency is that you don't have to deal with an intermediary when transacting.KEY QUOTE“One of the benefits of cryptocurrency, which could have prevented a lot of this, is the fact that you can self-custody your assets.” ResourcesMatt Stankiewicz on LinkedInEmail Matt: mstankiewicz@volkovlaw.com The Fall of FTX: The Legal Ramifications of the Collapse of Sam Bankman-Fried's Cryptocurrency Empire (I of IV)

Il était une fois l'entrepreneur
Sam Bankman-Fried, le génie de la cryptomonnaie - Ep 1

Il était une fois l'entrepreneur

Play Episode Listen Later Jan 3, 2023 11:34


Sam Bankman-Fried a une seule ambition: devenir riche pour redonner. Et pour devenir riche, il crée une société de trading, Alameda Research en 2017 puis une plateforme de crypto-monnaies, FTX en 2019. Né en Californie de parents professeurs de droits, Sam dit SBF est un étudiant brillant en mathématiques et physique. Il intègre le MIT. C'est là qu'il fait une rencontre qui bouleverse sa vie, William MacAskill. Un philosophe qui prêche l'altruisme effectif… autrement dit, pour avoir un impact, il faut devenir riche et redonner directement. Cela devient dorénavant la mission de Sam. En 2014, il intègre une société de trading à New York, Jane Street puis 3 ans plus tard, il fonde Alameda Research avec Gary Wang. En à peine 1 an, Sam gagne des millions de dollars grâce à l'achat/revente de crypto-monnaies dans le monde entier… et notamment les différences de prix entre les monnaies selon les pays. Puis il lance sa plateforme d'échange de cryptos, FTX en 2019. C'est même Changpeng Zhao dit CZ de la plateforme concurrente, Binance, qui investit le 1er. FTX lève des fonds en 2021 avec les meilleurs fonds d'investissement. Sam Bankman-Fried devient une star pour les fans de crypto. Une star qui pourtant va tomber. Notes Merci à mon sponsor pour son soutien, CyberGhost VPN. Pour bénéficier de l'offre que j'ai négocié pour vous: Cliquez ici ==> https://www.cyberghostvpn.com/LaurentBrouat Pour retrouver toutes les notes de l'épisode: => https://inspire-media.fr/sam-bankman-fried-le-genie-de-la-cryptomonnaie-ep-1/

Cryptocast | BNR
253 A: 2022 recordjaar voor cryptohacks

Cryptocast | BNR

Play Episode Listen Later Jan 3, 2023 23:58


Het mysterie rond de verdwenen 650 miljoen dollar bij FTX duurt voort, en nu gaat ook het Amerikaanse Ministerie van Justitie zich ermee bemoeien. En dat in de week dat munten gelieerd aan Alameda Research ook begonnen te bewegen, richting coinmixers. En we maken, tijdens Proof-of-Keys-dag de balans op: hoeveel werd er in recordjaar 2022 gehackt en gestolen?  Gasten Krijn Soeteman Marnix Schoorel Links Tegoeden van Alameda bewegen weer Amerikaanse overheid onderzoekt kapitaaluitvlucht FTX Meer dan drie miljard gestolen Ontwikkelaar getroffen door hack Video YouTube Host Herbert Blankesteijn Redactie Daniël MolSee omnystudio.com/listener for privacy information.

Who is Satoshi
068 New Year, Same Bitcoin

Who is Satoshi

Play Episode Listen Later Jan 1, 2023 37:44


Recapping 2022:The most gruesome Bitcoin Bear Market yet.Some hardcore Bitcoiners capitulating (Bitcoin TINA).Others like Michael Saylor washing his Bitcoin (still legal as of 2022).Is it morally wrong that Michael Saylor encouraged people to buy BTC at 16k, 30k, 60k? Or is it more immoral to encourage people to trade based on sentiment? Looking into 2023:Macro-economic outlook seems bleak.Bitcoin correlates with macro-environment (stocks, etc.)--until when?Bitcoin is the liferaft (Episode 10)Will we see more Exchange / investment firm failures? (LUNA, 3 Arrows Capital, Alameda Research, SBF).  Is Binance next?What does Kanye West have to do with any of this?Should we pay 30% tax converting Bitcoin to USD just to purchase a good or service? (Hint: No) Vendors accepting BTC as payment solves this issue.

Daily Crypto Report
"Alameda Research wallets active again" Dec 29, 2022

Daily Crypto Report

Play Episode Listen Later Dec 29, 2022 6:20


Today's blockchain and cryptocurrency news Bitcoin is down slightly at $16,606 Ethereum is up slightly at $1,199 Binance Coin is down slightly at $245  Alameda Research wallets sell tokens, consolidate to BTC. FTX customers file lawsuit asking for funds first Gemini sued over Gemini Earn program 3Commas API leak rumors intensify. China works on state-backed NFT exchange. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Higher Standard
Caroline Ellison Does SBF Dirty, SBF Goes Home and Understanding a Recession

The Higher Standard

Play Episode Listen Later Dec 27, 2022 63:15


The FTX drama continues. Co-founder Gary Wang and former Alameda Research co-CEO Caroline Ellison have both pleaded guilty to federal charges. Wang pleaded guilty to conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodities fraud and conspiracy to commit securities fraud. Ellison pleaded guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. Ellison and Wang become the second and third individuals to be charged in connection with FTX's multibillion-dollar collapse. Sam Bankman-Fried has already been indicted.In this episode Chris and Saied examine these latest developments as well as Sam Bankman-Fried's recent release on $250 million dollar bail.They discuss an article from Bloomberg Business claiming that inflation reports are so important, staff were once instructed to have no facial expressions when walking them into the West Wing of the White House.Chris and Saied look at a seemingly skewed chart from Keeping Current Matters revealing home price forecasts for 2023, with Realtor.com predicting a 5.4% increase and Zelman going the other way with a -5.1% decrease.They also discuss a report stating that Mortgage applications to refinance a home jumped 6% last week as interest rates hit their lowest level since September, according to the Mortgage Bankers Association's seasonally adjusted index.Join Chris and Saied for this fascinating and informative conversation.Enjoy!What You'll Learn in this Show:Caroline Ellison and Gary Wangs's plea bargain deal and what that means for Sam Bankman-Fried.Why economists are now predicting a 7-in-10 likelihood that the US economy will sink into a recession next year.A report from the NAR stating that sales of existing homes fell 7.7% in November compared with October.Why a new Bloomberg Economics model projection predicts that a recession by late-2023 is a '100%' likelihood.And so much more...Resources:"Caroline Ellison, Associate of FTX Founder Sam Bankman-Fried, Pleads Guilty to Criminal Charges" (article from The Wall Street Journal)"It takes a lot to keep inflation data secret, including NDAs" (Bloomberg Business via Instagram)"There is a 70% risk of recession in 2023, economists say" (Bloomberg business via Instagram)"Brace for Recession Next Year. But the Outlook Isn't All Doom and Gloom" (article from Barron's)"Home price forecasts for 2023" (Keeping Current Matters via Instagram)"Home sales tumbled more than 7% in November, the 10th straight month of declines" (article from CNBC)"Homebuilder sentiment drops for the 12th straight month, but a bottom may be near" (article from CNBC)

Bloomberg Crypto
2022 Team Favorites: The Spectacular Collapse of FTX and SBF

Bloomberg Crypto

Play Episode Listen Later Dec 27, 2022 32:42


Back in mid-November on the podcast, we were unpacking the spectacular downfall of one of the biggest crypto exchanges in the industry in real time, and how it would possibly changed the sector forever. A month before, if someone would have told us that crypto exchange FTX was potentially mismanaging customer funds, funneling money into its sister trading firm, Alameda Research, and would soon be a cautionary tale from the crypto industry, we wouldn't have believed them. As more details about its general finances have emerged, we're starting to better understand how FTX and its former CEO, Sam Bankman-Fried, might have managed to change the industry forever. How much of a mess was FTX in? How did nobody notice? And how can this shape the future of crypto? Bloomberg reporters Katie Greifeld and Vildana Hajric ask Bloomberg opinion columnist Matt Levine for the long view.[This episode originally published on November 17, 2022] Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.

Late Confirmation by CoinDesk
THE HASH: Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares; DeGods and Y00ts to Migrate Chains

Late Confirmation by CoinDesk

Play Episode Listen Later Dec 27, 2022 27:02


This episode is sponsored by Bitstamp and the Galaxy Brains Podcast.The most valuable crypto stories for Tuesday, Dec. 27, 2022.Fallen FTX chief Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase his monster stake in Robinhood Markets Inc., according to court documents. Plus, the team behind DeGods and Y00ts, two of the top non-fungible token (NFT) projects on the Solana network, confirmed on Twitter that the projects would be migrating chains.See also: Bitcoin Miners Powered Off as Winter Storm Battered North AmericaSolana's Top NFT Projects DeGods and Y00ts to Migrate ChainsArgo Blockchain Suspends Trading in US Shares for 24 Hours-This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Bitstamp is the longest-running crypto exchange and recently rated #1 in the world by CryptoCompare. Regulation, transparency, and security are pillars that ensure customers' funds are safe; it's the Bitstamp way. Learn more about how your crypto is always yours at bitstamp.net.-Galaxy Brains: Whether it's breaking down market volatility or analyzing the latest development, come for the latest market insights from our in-house trading professionals and renowned experts from across the industry. Stay for the occasional rap from host Alex Thorn. Check out the latest episodes here: https://www.galaxy.com/research/podcasts/galaxy-brains/?utm_source=Hash&utm_medium=podcast&utm_id=CoinDeskSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Breakaway
TSLA/Twitter (Elon interview), Mkts, Crypto, Xmas songs

Breakaway

Play Episode Listen Later Dec 23, 2022 35:23


Markets. S&P 500 -16%, Tech QQQ -30%, Utra tech! ARKK Tech -65%4.6% on 6 month treasury.Inflation. 7.1% YoY.  Fed raised 0.5%. So now 4.25% - 4.5%. Probably going to 5.0 - 5.5%.  Fastest in history. My Mortgage. 4.5% and adjusting again to 2.25% + LIBOR. Baby its cold outside! Crypto Arrests.  SBF in US and out on bail!  $250 million. Caroline and Wang charged. Caroline Ellison, the former chief executive of Alameda Research, a trading firm tied to FTX, and Gary Wang, FTX's former chief technology officer, both pleaded guilty to criminal offenses similar to those Mr. Bankman-Fried was charged with last week. Ms. Ellison, 28 years old, pleaded guilty to seven counts, including wire fraud and conspiracy to commit securities fraud, according to her plea agreement, which was signed Monday. Mr. Wang, 29, pleaded guilty to four counts, including wire fraud.Caroline interview. Tesla/Twitter: Twitter Spaces. 1 hour interview with 38,000 listening.  13.56. Making ads better.  Making sure Twitter doesn't go bankrupt. Tesla stock down 69% YTD. $400b company. Now it could triple in 2023. Buffet will probably take a serious look. Elon has inspired a CEO and silicon valley “builders” renaissance. Elon to step down as CEO. Mr. Beast!? San Francisco to investigate worker conditions. Sleeping at work! From WSJ: Redundant managers, along with managers who have opaque responsibilities, are in essence professional critics. Tesla: Tesla energy. MegaPack in Lathrop.FSDTesla SemiAll they want for Christmas is to stop that Mariah Carey song. Is Netflix back? Last week, Netflix said “Wednesday” had crossed 1 billion hours viewed, only the third title to do so within 28 days of its release, joining “Stranger Things 4” and “Squid Game.” Netflix Training classes See Rich Greenfields tweet about eyeballs. Recommendations: White Lotus.WednesdayThe Peripheral on Amazon. Mr. Beast interview on Rogan. Saw it on a list of most liked podcast episodes. Country xmas on Spotify. 

Crypto Talk Radio: Basic Cryptonomics
Alameda Research's Caroline Ellison Pleas Out On Fraud, No Deal For Taxes

Crypto Talk Radio: Basic Cryptonomics

Play Episode Listen Later Dec 23, 2022 35:20


If Caroline Ellison gets off (no pun intended) on the fraud charges, it's a shame, because she's just as culpable. But it won't surprise us a bit. Connect with us: Website: https://www.CryptoTalkRadio.net Twitter: @CTRCryptoRadio Facebook: @ThisIsCTR Discord: @CryptoTalkRadio YouTube: @CryptoTalkRadio

Cryptocast | BNR
Crypto Update: Naasten Sam Bankman-Fried bekennen schuld

Cryptocast | BNR

Play Episode Listen Later Dec 22, 2022 7:23


Caroline Ellison en Gary Wang bekennen fraude in de FTX-zaak. De respectievelijk CEO van zusterbedrijf Alameda Research en mede-oprichter van FTX zetten Sam Bankman-Fried hiermee sterk onder druk, want hij deed dat nog niet. Ondertussen zit mining bedrijf Core Scientific nu echt in de problemen. Er waren al flink wat geruchten rond het bedrijf, maar nu is de 'Chapter 11'-procedure officieel in gang gezet. Ook andere miners zitten in de problemen. En o ja: Donald Trump heeft zijn eigen NFT-collectie op de markt gebracht.  Deze week in de Cryptocast Een gesprek met ondernemer Ruben Waterman, die na de invoering van het DNB-toezicht in Nederland noodgedwongen zijn bedrijf moest opdoeken. Inmiddels is hij actief vanuit Zwitserland. Hoe heeft hij de afgelopen jaren ervaren? Co-host is Daniël Mol Links Ellison en Wang bekennen schuld Core Scientific failliet Trump brengt NFT's op de markt Munten QuadrigaCX in beweging Met Herbert Blankesteijn bespreken we elke week de toestand van de crypto. Luister live donderdagochtend rond 9:20 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocast      See omnystudio.com/listener for privacy information.

Marketplace Morning Report
Two execs tied to FTX plead guilty to criminal charges as SBF is extradited to U.S.

Marketplace Morning Report

Play Episode Listen Later Dec 22, 2022 8:09


The former executives are Caroline Ellison, who headed Alameda Research, and Gary Wang, an FTX co-founder. Also, as part of our Econ Extra Credit series on “It’s a Wonderful Life,” we discuss community-centered banking.

Marketplace All-in-One
Two execs tied to FTX plead guilty to criminal charges as SBF is extradited to U.S.

Marketplace All-in-One

Play Episode Listen Later Dec 22, 2022 8:09


The former executives are Caroline Ellison, who headed Alameda Research, and Gary Wang, an FTX co-founder. Also, as part of our Econ Extra Credit series on “It’s a Wonderful Life,” we discuss community-centered banking.

Tech Won't Save Us
FTX Goes to Zero w/ Molly White

Tech Won't Save Us

Play Episode Listen Later Dec 22, 2022 87:02


Paris Marx is joined by Molly White to discuss the ongoing collapse of the crypto industry, what to make of the implosion of FTX and Alameda Research, and what happens next with Sam Bankman-Fried.Molly White is the creator of Web3 Is Going Just Great and a fellow at the Harvard Library Innovation Lab. You can follow her on Twitter at @molly0xFFF.Tech Won't Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, support the show on Patreon, and sign up for the weekly newsletter.The podcast is produced by Eric Wickham and part of the Harbinger Media Network.Also mentioned in this episode:Since recording, Sam Bankman-Fried has been extradited from the Bahamas to the United States, and it's been revealed that Caroline Ellison and FTX co-founder have plead guilty and are cooperating with authorities against Bankman-Fried.Molly has been analyzing the collapse of FTX on her newsletter.Paris wrote about effective altruism and longtermism for the New Statesman.Journalists at Forbes wrote about Caroline Ellison and her history.After Sam Bankman-Fried was arrested, effective altruist Kelsey Piper published a series of direct messages she exchanged with her supposed friend.The Southern District of New York's attorney's office, the Securities and Exchange Commission, and the Commodity Futures Trading Commission have all filed charges against Sam Bankman-Fried.There are rumors that Caroline Ellison is working with authorities against Sam Bankman-Fried.US Justice Department is split on when to charge Binance executives. There are also growing questions about Binance's books.Support the show

The Financial Exchange Show
Wells Fargo paying big for their "illegal activities"

The Financial Exchange Show

Play Episode Listen Later Dec 22, 2022 40:44


Chuck Zodda and Mike Armstrong wonders what is next for Wells Fargo after they were caught and fined billions of dollars for their "illegal activities". Sam Bankman-Fried and his top executives are in jail, but the for CEO of Alameda Research and FTX Co-Founder Gary Wang have pled guilty to fraud charges. Netflix is putting an end to password sharing, will this actually bring in new paying custormers to the streaming giant?

Bloomberg Crypto
Life at the FTX Bahamas Compound

Bloomberg Crypto

Play Episode Listen Later Dec 21, 2022 20:01


Sam Bankman-Fried might not have expected that his time in the Bahamas would include the inside of a jail cell. Bankman-Fried and his inner circle at FTX and Alameda Research relocated operations to the Bahamas from Hong Kong in late 2021. The Nassau-based employees and executives seemed to enjoy a lavish island lifestyle - think yachts and penthouses with ocean views. How much of that lifestyle was funded, ah, improperly is at the center of allegations and charges filed by everyone from the US Department of Justice to the Securities and Exchange Commission to the CFTC.  The Department of Justice alleges that, among other things, SBF misappropriated customer deposits. And there's a brewing fight between officials in the US and local regulators in the Bahamas just who is in charge of what.  Bloomberg reporters Zeke Faux and Carly Wanna join this episode. Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.

The Decrypting Crypto Podcast
Off Chain 12/15/22: What to expect from 2023 (oh, and SBF is arrested)

The Decrypting Crypto Podcast

Play Episode Listen Later Dec 15, 2022 46:15


In this week's episode of Off-Chain, we discuss: Unpacking Sam Bankman-Fried's arrest Unpacking inflation and the economic outlook for 2023

La ContraCrónica
El ídolo caído de las criptomonedas

La ContraCrónica

Play Episode Listen Later Dec 15, 2022 40:30


El fundador y exdirector ejecutivo de FTX, Sam Bankman-Fried, fue arrestado el lunes en las Bahamas horas después de que un tribunal estadounidense presentase cargos contra él. El fiscal federal del distrito sur de Nueva York le acusa de fraude electrónico, fraude de valores y lavado de dinero. La detención del que hasta hace sólo un mes era el mesías de las criptomonedas conmocionó a Wall Street y generó también inquietud en ciertos despachos de Washington por los que Bankman se había dejado caer en los tiempos en los que era una personalidad con la que políticos y celebridades posaban encantados. De eso no hace tanto, tan sólo un año cuando las criptomonedas estaban por las nubes y Bankman era el hombre de moda y la cara visible de una industria floreciente. Sus dos empresas, FTX y Alameda Research, quebraron con estrépito a mediados de noviembre dejando tras de sí un agujero milmillonario y poniendo contra las cuerdas a todo el sector de las criptomonedas. Ahora todo son problemas que nada tienen de cripto ya que están a la vista para todos. Este martes tenía previsto comparecer en el Congreso en una investigación que ha abierto para investigar el colapso de FTX, pero no le ha dado ni tiempo ya que los tribunales se han adelantado. Para ponerle a disposición judicial han tenido que solicitar su detención al Gobierno de las Bahamas, que era donde Bankman se había llevado la empresa y su residencia fiscal en 2021 tras abandonar Hong Kong. Su empresa entró en crisis terminal en octubre. Los clientes empezaron a retirar sus fondos de forma masiva y proliferaban los rumores de que había estado transfiriendo miles de millones de dólares de activos de clientes para financiar inversiones un tanto arriesgadas de Alameda, un fondo de cobertura de criptomonedas controlado directamente por Bankman-Fried. Tan pronto como presentó la bancarrota, FTX se vio envuelto en una serie de disputas con reguladores de todo el mundo, algunos de los cuales intentaron apoderarse de los activos de la empresa en nombre de los clientes nacionales. FTX ha retenido parte de su acceso a cuentas bancarias y sistemas internos, amparándose en la protección legal que le otorga haber declarado la quiebra en EEUU. Bankman-Fried entretanto trataba de aplacar a las autoridades de las Bahamas. Les ofreció permitir que los clientes de aquel país recuperasen sus fondos a pesar de que las retiradas de efectivo en FTX.com habían sido suspendidas. El trato se cerró y durante un día 15.000 particulares y empresas de las Bahamas pudieron retirar casi 100 millones. Ningún otro cliente tuvo semejante trato preferencial. Con eso Bankman pretendía comprar la tranquilidad en su país de adopción. Pero no le ha servido de nada. Tan pronto como la justicia estadounidense se ha puesto en marcha su plan se ha venido abajo. Estados Unidos reclama la extradición para que pueda ser juzgado en Nueva York. Una vez allí podría encontrarse con más demandas como la que plantea la Comisión de Bolsa y Valores. También está acusado de haber desviado dinero para comprar inmuebles y de fraude en las donaciones a políticos que realizó a partir de 2020. Al parecer realizó estas donaciones en nombre de otras personas, algo que está terminantemente prohibido. Bankman y sus socios donaron más de 70 millones de dólares en dos campañas electorales. Él personalmente donó 40 millones de dólares en las elecciones de medio mandato a candidatos demócratas. Con eso, una vez más, buscaba sentirse protegido. Pero ha sido inútil. Ahora enfrenta un auténtico calvario judicial y nadie recuerda haberle saludado. En La ContraRéplica: - La fusión nuclear - La ley de mercados digitales - Anticapitalismo de opereta · Canal de Telegram: https://t.me/lacontracronica · “La ContraHistoria de España. Auge, caída y vuelta a empezar de un país en 28 episodios”… https://amzn.to/3kXcZ6i · “Lutero, Calvino y Trento, la Reforma que no fue”… https://amzn.to/3shKOlK · “La ContraHistoria del comunismo”… https://amzn.to/39QP2KE Apoya La Contra en: · Patreon... https://www.patreon.com/diazvillanueva · iVoox... https://www.ivoox.com/podcast-contracronica_sq_f1267769_1.html · Paypal... https://www.paypal.me/diazvillanueva Sígueme en: · Web... https://diazvillanueva.com · Twitter... https://twitter.com/diazvillanueva · Facebook... https://www.facebook.com/fernandodiazvillanueva1/ · Instagram... https://www.instagram.com/diazvillanueva · Linkedin… https://www.linkedin.com/in/fernando-d%C3%ADaz-villanueva-7303865/ · Flickr... https://www.flickr.com/photos/147276463@N05/?/ · Pinterest... https://www.pinterest.com/fernandodiazvillanueva Encuentra mis libros en: · Amazon... https://www.amazon.es/Fernando-Diaz-Villanueva/e/B00J2ASBXM #FernandoDiazVillanueva #bankmanfried #ftx Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

Patrick Boyle On Finance
The Case Against Sam Bankman-Fried

Patrick Boyle On Finance

Play Episode Listen Later Dec 15, 2022 26:47 Transcription Available


Sam Bankman-Fried has been arrested, accused of engineering “one of the biggest financial frauds in American history.”In a Department of Justice indictment unsealed on Tuesday, Bankman-Fried has been charged with eight counts including conspiracy to commit wire fraud on customers and lenders, money laundering and violations of campaign finance laws. Bankman-Fried, who was arrested in the Bahamas on Monday, faces years in prison if convicted.The charges point to a long-running scheme to misappropriate the deposits of exchange customers to pay debts and expenses of Bankman-Fried's private trading firm Alameda Research and to make investments. The conspiracy ran from 2019 — the year he founded FTX — until its collapse last month, according to the complaint.The SEC and The CFTC have also charged Sam Bankman-FriedPatrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show

The Nonlinear Library
EA - The US Attorney for the SDNY asked that FTX money be returned to victims. What are the moral and legal consequences to EA? by Fermi–Dirac Distribution

The Nonlinear Library

Play Episode Listen Later Dec 14, 2022 1:51


Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: The US Attorney for the SDNY asked that FTX money be returned to victims. What are the moral and legal consequences to EA?, published by Fermi–Dirac Distribution on December 14, 2022 on The Effective Altruism Forum. In a December 13, 2022 press conference announcing the indictment of Sam Bankman-Fried, Damian Williams, the United States Attorney for the Southern District of New York, said the following: To any person, entity or political campaign that has received stolen customer money, we ask that you work with us to return that money to the innocent victims. In the same press conference, he alleges that FTX has been stealing customer money since 2019: First, we charge that from 2019 until earlier this year, Bankman-Fried and his co-conspirators stole billions of dollars from FTX customers. He also alleged the following about SBF's political contributions: Those contributions were disguised to look like they were coming from wealthy co-conspirators, when in fact, the contributions were funded by Alameda Research with stolen customer money. This might be relevant to EA orgs, since a lot of SBF's political contributions seem to have been made around the same time as his EA donations (i.e. this year), and so likely came from the same source. I made a comment pointing out some of this information yesterday, but so far that this is getting less attention than I expected given the seriousness of the matter, hence this top-level post. What are the moral and legal consequences of the information in the indictment, and of Williams's request, to EA orgs and individuals that have received money from FTX? Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org.

Serious Trouble
All About SBF

Serious Trouble

Play Episode Listen Later Dec 14, 2022 23:04


This is a free preview of a paid episode. To hear more, visit www.serioustrouble.showSam Bankman-Fried… boy, is he in serious trouble. He's been indicted on several counts, with the central accusation being that he defrauded customers, lenders, and equity investors doing business with his now-bankrupt companies, FTX and Alameda Research. Importantly, the story Bankman-Fried has been relentlessly telling about himself is a story the government says is still fraud even if it's true. Ken and I talk about Bankman-Fried as a masterclass in what-not-to-do as a criminal defendant. He seems woefully unprepared to face parallel civil and criminal actions, especially since he continues to proudly describe how he doesn't listen to what lawyers tell him to do. He is, quite possibly, a worse client than Donald Trump. But that makes him very interesting! This show is about 20 minutes for free subscribers and 40 minutes for paying subscribers — if you want the whole show and this week's second show on the rest of the news, upgrade now at www.serioustrouble.show.

This Week in Startups - Audio
SBF gets arrested, The Block's CEO gets a bag from FTX, + Walmart launches a BNPL service | E1636

This Week in Startups - Audio

Play Episode Listen Later Dec 13, 2022 64:49


Molly and Jason react to the breaking news that Bahamian authorities have arrested Sam Bankman-Fried. (1:27) Then, from earlier in the day, Molly and Jason chop it up about the news of The Block's CEO Michael McCaffrey receiving $40M from Alameda Research. (27:41) We then close with a story about Walmart's new BNPL service. (45:25) (0:00) Molly kicks off the show (1:36) Molly and Jason react to SBF getting arrested (14:51) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (15:55) Kevin O'Leary's FTX deal + Predicting what happens to SBF (26:11) Nutrisense - Use code TWIST and get $30 off at nutrisense.io/twist (27:41) Alameda gave Michael McCaffrey $40M (45:25) Walmart launches a BNPL service FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

TRUNEWS with Rick Wiles
Russia: NATO Was Involved in Ukrainian Drone Attacks on Airfields

TRUNEWS with Rick Wiles

Play Episode Listen Later Dec 8, 2022 94:23


In one of our top stories, a senior Russian official is directly accusing the United States in having a hand in the recent drone attacks on Russian soil. Konstantin Gavrilov made these remarks at a recent arms control session in Vienna, Austria. Xi Jinping arrived in Saudi Arabia today, where the kingdom rolled out the purple carpet for the Chinese premier. The two nations will likely be discussing deepening alliances and partnerships, especially related to energy concerns.Sam Bankman Fried says that he doesn't know what happened to the billions of dollars since to his trading firm of Alameda Research. Also, the IRS changed the rules, now demanding that US taxpayers account for all transactions over $600, down from the previous $20,000 threshold. There's a reason they needed those 87,000 new agents.Rick Wiles, Doc Burkhart. Airdate 12/8/22.A hilarious gift idea for Christmas 2022! Order your Fauci Elf! https://tru.news/faucielfIt's the Final Day! The day Jesus Christ bursts into our dimension of time, space, and matter. You can order the second edition of Rick's book, Final Day. https://www.rickwiles.com/final-dayYou can partner with us by visiting TruNews.com/donate, calling 1-800-576-2116, or by mail at PO Box 690069 Vero Beach, FL 32969.Subscribe to our channel!Download the TruNews App!Android - https://tru.news/googleplayappiOS - https://tru.news/iOSappMore content on our website: https://www.trunews.com/ Help build a global news network that provides a credible source for world news! Support TruNews: https://www.trunews.com/donate

On the Margin
Doomberg & Ben Hunt: The Story Arc of SBF, FTX & Alameda

On the Margin

Play Episode Listen Later Dec 7, 2022 65:52


On today's episode of "On the Margin", Ben Hunt Author of Epsilon Theory & Doomberg, everyones favorite green chicken join the show to discuss "The Story Arc of SBF, FTX & Alameda". One month ago saw the collapse of SBF's crypto empire as FTX filed for bankruptcy. Ben & Doomberg discuss the ties between SBFs exchange FTX and trading firm Alameda Research. We then look into the use of the FTT token and how SBF was able to raise venture capital money at unrealistic valuations. Was SBF negligent in this situation, or did he intentionally commit fraud? To hear all this and more, you'll have to tune in! -- Follow Ben: https://twitter.com/EpsilonTheory Follow Doomberg: https://twitter.com/DoombergT Follow Mike: https://twitter.com/MikeIppolito_ Follow On The Margin: https://twitter.com/OnTheMarginPod Follow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Circle's USDC is one of the most trusted and widely used stablecoins in the digital asset industry. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is. -- Referenced In The Show: The MacGuffin, Part 2: The Story Arc of SBF and FTX: https://www.epsilontheory.com/the-macguffin-part-2-the-story-arc-of-sbf-and-ftx/  The MacGuffin, Part 1: The Corrupt Crypto ‘Revolution': https://www.epsilontheory.com/the-macguffin-part-1/  How Sam Bankman-Fried's Crypto Empire Collapsed: https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankman-fried-crypto-bankruptcy.html -- Timestamps: (00:00) Introduction (01:36) The MacGuffin: The Story Arc of SBF & FTX (14:07) The FTX Bankruptcy & The Role of FTT (18:09) The Mechanics of Rehypothecation (27:25) Negligence or Criminality? (35:35) Circle Ad (36:55) How Much Political & Media Power Did SBF Buy? (42:50) The New York Times Puff Piece (49:59) The Role of Investors, Media & Regulators In The FTX Fallout (56:00) The Golden Age of Fraud (1:02:02) Final Thoughts -- Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Econix Talks
Conscious Mondays: How Sam Bankman Fried Crashed FTX - Breakdown

Econix Talks

Play Episode Listen Later Dec 6, 2022 16:39


Today we discuss take a deep dive into understanding how Sam Bankman Fried crashed FTX and what's to come from it.Topics Covered Who is Sam Bankman Fried? What is FTX & Alameda Research?How did he gain everybody's trust? Why is not in jail? Econix Linkshttps://linktr.ee/econixFinally, if this show has impacted you in a positive way please consider supporting below. Thanks!Support the show

Rich Zeoli
Social Media Weaponized Against Republicans: What Do We Do Now?

Rich Zeoli

Play Episode Listen Later Dec 6, 2022 183:04


The Rich Zeoli Show- Full Episode (12/05/22): 3:05pm- On behalf of Elon Musk and Twitter, investigative journalist Matt Taibbi released a series of tweets documenting Twitter's efforts to suppress the Hunter Biden laptop story prior to the 2022 Presidential election at the behest of the Biden campaign team. Taibbi wrote, “[b]y 2020, requests from connected actors to delete tweets were routine. One executive would write to another: ‘More to review from the Biden team.' The reply would come back: ‘Handled.'” The Wall Street Journal's editorial board noted the release as “confirmation of the central role that former spies played in October 2020 in framing the Hunter Biden story in a way that made it easier for Twitter and Facebook to justify their censorship.” 3:35pm- While speaking about his decision to acquire Twitter and publicizing the platform's decision to censor information at the behest of elected officials and political candidates in the past, Elon Musk said, “sunshine is a great disinfectant” for “content take downs” requests and fulfillments. 3:50pm- While appearing on Fox News with Tucker Carlson, actor James Woods revealed that he plans to sue the Democratic National Committee for allegedly ordering Twitter to remove Woods' messages from the social media platform. 4:05pm- On ABC's “This Week,” George Stephanopoulos asked House Democrat Leader Hakeem Jeffries about allegations he is an election denier. Following the 2016 Presidential election, Jeffries frequently referred to Donald Trump as an illegitimate president.  4:15pm- While appearing on Fox News with Sean Hannity, Jim Jordan accused the Federal Bureau of Investigation (FBI) of engaging in political bias when deciding to investigate Donald Trump and vowed to hold them accountable.  4:20pm- According to The Gateway Pundit, Elon Musk has alleged that FTX CEO Sam Bankman-Fried donated more than $1 billion to Democrat candidates. SBF has been accused of taking customer investments and illegally funneling them to another entity he controlled, Alameda Research. 4:35pm- On Monday, the U.S. Supreme Court heard oral arguments in 303 Creative v. Elenis. The question being asked before the court is whether Lorie Smith, a wedding website designer, is legally permitted to decline creating custom webpages for same-sex weddings—is her religious objection protected by the First Amendment? During oral argument, Justice Neil Gorsuch noted that Colorado law forced Jack Phillips—the cake baker in Masterpiece Cakeshop v. Colorado Civil Rights Commission—was forced, by the state, to go through a reeducation program after refusing to make custom cakes for same-sex weddings citing a religious objection. 5:05pm- Susan Crabtree—RealClearPolitcs' White House & National Political Correspondent—joins The Rich Zeoli Show to discuss her recent article, “Enes Kanter Freedom's World Cup Call to Action.” Crabtree writes, “[t]he 6-foot-10 big man says it's a pivotal time for human rights worldwide and called on all athletes to use their outsized influence to voice support for dissidents bravely standing up to repressive regimes. U.S. and other athletes, he said, also shouldn't remain silent about widespread reports that thousands of migrant workers died in recent years working in Qatar on World Cup projects and stadiums.” Crabtree and Rich also discuss the latest regarding Elon Musk's claims of politically influenced censorship on Twitter.  5:25pm- On TikTok, a high school English teacher bizarrely suggested that grammar and writing rules are racist and oppressive.  5:30pm- While speaking with tech-journalist Kara Swisher, former Head of Trust & Safety at Twitter Yoel Roth defended the social media company's decision to ban the satirical account Babylon Bee for misgendering Dr. Rachel Levin in a joke.  5:40pm- Senator Rand Paul (R-KY) said that if the FBI is asking social media companies to suppress certain, inherently political stories, “we have a real problem.”  6:05pm- In the aftermath of Elon Musk exposing Twitter's decision to suppress the Hunter Biden laptop story, The Wall Street Journal published a public statement issued by intelligence officials from October 19th, 2020. The statement claims that the Hunter Biden story had “all the classic earmarks” of a Russian disinformation campaign. The statement was signed by 51 former officials, including Jim Clapper, Mike Hayden, and John Brennan. We now definitively know their assessment was incorrect. Is this further proof that federal government intelligence agencies have become politicized?  6:55pm- Who Won Social Media? + Zeoli's Final Thought

Rich Zeoli
SCOTUS Hears Landmark Religious Freedom Case

Rich Zeoli

Play Episode Listen Later Dec 6, 2022 48:08


The Rich Zeoli Show- Hour 2: On ABC's “This Week,” George Stephanopoulos asked House Democrat Leader Hakeem Jeffries about allegations he is an election denier. Following the 2016 Presidential election, Jeffries frequently referred to Donald Trump as an illegitimate president. While appearing on Fox News with Sean Hannity, Jim Jordan accused the Federal Bureau of Investigation (FBI) of engaging in political bias when deciding to investigate Donald Trump and vowed to hold them accountable. According to The Gateway Pundit, Elon Musk has alleged that FTX CEO Sam Bankman-Fried donated more than $1 billion to Democrat candidates. SBF has been accused of taking customer investments and illegally funneling them to another entity he controlled, Alameda Research. On Monday, the U.S. Supreme Court heard oral arguments in 303 Creative v. Elenis. The question being asked before the court is whether Lorie Smith, a wedding website designer, is legally permitted to decline creating custom webpages for same-sex weddings—is her religious objection protected by the First Amendment? During oral argument, Justice Neil Gorsuch noted that Colorado law forced Jack Phillips—the cake baker in Masterpiece Cakeshop v. Colorado Civil Rights Commission—was forced, by the state, to go through a reeducation program after refusing to make custom cakes for same-sex weddings citing a religious objection.

The Family Office
Caroline Ellison (Alameda Research CEO) Spotted in NYC

The Family Office

Play Episode Listen Later Dec 5, 2022 16:11


Caroline Ellison was seen in the United States, at a coffee shop in NYC. Rumors had Caroline either in Hong Kong or in Dubai but she appears to be in New York grabbing a latte. Hertz has apparently been falsely accusing people of stealing their rental cars. ChatGPT is the AI that will eventually put us all out of jobs.You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/BarFin

The Scoop
2-hour sit-down with Sam Bankman-Fried on the FTX scandal

The Scoop

Play Episode Listen Later Dec 5, 2022 107:26


In this episode of The Scoop, Sam Bankman-Fried describes how a legacy payment system linked FTX's future to Alameda Research's fate, and explores why regulators and auditors alike failed to discover this relationship. According to Bankman-Fried, many FTX customers would fund their accounts via direct wire transfers to Alameda Research bank accounts: “What that flow I think looked like was basically: Bob wires $100 straight to Alameda Research, and then Alameda effectively ledger transfers $100 to Bob on FTX.” SBF has claimed that wired customer funds contributed to over half of Alameda's position on FTX, likely totaling over $5 billion, as reported by the WSJ. In hindsight, SBF says a “reasonably responsible” way of managing direct wire transfers would have been only debiting Alameda's primary FTX account. In practice, however, wired customer funds were being credited from an Alameda stub account that SBF says “was specifically meant to be a ledger for wire transfers.” When pressed on how regulators and auditors failed to uncover the extent of Alameda's relationship to FTX, SBF alleged that customer positions — including Alameda's — were not part of FTX's balance sheet: “This was effectively a customer negative position, and many customers had negative positions open on FTX… Those were not part of FTX's assets or liabilities, they were customer assets and liabilities, and so FTX's financials were not directly impacted by this.” Episode 121 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro, and Sam Bankman-Fried, Co-Founder of FTX and Alameda Research. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests can be sent to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Ledn, Athletic Greens About Tron Founded in 2013, Huobi Global is one of the largest virtual asset exchanges in the world. Huobi Global serves millions of users across international markets. Since its establishment, Huobi Global has committed to providing first class virtual asset investment services. Huobi Global's robust infrastructure, product innovation and capital strength provides a truly customer-centric and secure trading environment to help our international users to achieve their investment objectives. Please refer to Huobi's official website for more information: huobi.com. About Ledn Ledn was founded on the unshakeable conviction that digital assets have the power to democratize access to the global economy. We help you to experience the real life benefits of your Bitcoin without having to sell it. Start a savings account, take out a loan, or double your Bitcoin. For more information visit Ledn.io About Athletic Greens Build a Foundation for Better Health. It's time to reclaim your health and arm your immune system with convenient, daily nutrition! Fill nutrient gaps, promote gut health, and support whole-body vitality with AG1. One daily serving delivers a potent blend of 9 health products—a multivitamin, minerals, probiotics, adaptogens and more—working together to help you feel like your healthiest self. For more information visit AthleticGreens.com/Scoop

On with Shahan
Is crypto on the path to recovery?

On with Shahan

Play Episode Listen Later Dec 4, 2022 62:22


In tonights livestream, I will discuss Twitter, USDT, Pokt, Alameda Research's connection to Tether, Chris Paul, Kanye West, and Elon Musk's new leak on Twitter's political interference. #twitter #chrispaul #tether #pok #elonmusk #alamedaresearch #ftx #onwithshahan

Patrick Boyle On Finance
Sam Bankman Fried Explains the Losses at FTX.

Patrick Boyle On Finance

Play Episode Listen Later Dec 1, 2022 18:00 Transcription Available


Sam Bankman Fried did two interviews with Tiffany Fong to explain what happened at FTX and where the customers money went. The first interview went out on the YouTube channel Coffeezilla yesterday.The Full Sam Bankman Fried Interview: https://www.youtube.com/watch?v=xP54LZB3WRw&t=1sCoffeezilla Video: https://www.youtube.com/watch?v=0rL35_WV3lE&t=85sPatrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show

WSJ Tech News Briefing
Sam Bankman-Fried Paid Little Heed to Risk, Say Ex-Staff

WSJ Tech News Briefing

Play Episode Listen Later Dec 1, 2022 14:34


Early staffers at Sam Bankman-Fried's first company, Alameda Research, say they quit over his approach to risk, compliance and accounting. How similar were those issues to ones that arose at the crypto exchange FTX? Wall Street Journal special writer Gregory Zuckerman joins host Zoe Thomas to discuss what happened at Alameda and how much it foreshadowed FTX's downfall. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Dividend Cafe
The DC Today - Tuesday, November 29, 2022

The Dividend Cafe

Play Episode Listen Later Nov 29, 2022 14:03


An interesting but not especially noteworthy day in markets today, and we have all the commentary you need right here MARKET ACTION Dow: +3 points (+0.01%) S&P: -0.16% Nasdaq: -0.59% 10-Year Treasury Yield: 3.75% (+5 basis points) Top-performing sector: Real Estate (+1.71%); Energy +1.28% Bottom-performing sector: Technology (-0.98%) WTI Crude Oil: $78.64/barrel (+1.81%) Key Economic Point of the Day: The Case Shiller Housing Index dropped for the third month in a row, now down -13% since August. ASK DAVID “How fair is it to compare the relationship between FTX and Alameda Research to the relationship between the U.S. government and the Federal Reserve? Alameda was using client money to buy up FTX's token (FTT) in order to bolster the price of the FTT. How much different is that from the Fed using taxpayer money to buy US treasuries?” ~ Marty There are a few pretty substantive differences worth noting. First, the Fed doesn't actually use taxpayer money to buy treasuries, though it is taxpayer money that is being paid back to the Fed (that is what a Treasury bond is). But the main difference is that the Treasuries on the Fed's balance sheet are backed by the full faith and credit of the U.S. government, and no principal or interest payment has been missed in nearly 250 years. Alameda was backed by FTT, which is worth less than a beanie baby. Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com

The Rubin Report
Elon Musk Brings Back a Bunch of Huge Banned Twitter Accounts | Direct Message | Rubin Report

The Rubin Report

Play Episode Listen Later Nov 21, 2022 63:58


Dave Rubin of “The Rubin Report” talks about Elon Musk reinstating Donald Trump's Twitter account; Elon Musk's savage response to AOC's tweet about the workers of Twitter; the ending of the Jordan Peterson's Twitter ban; CBS News' brief hiatus from Twitter due to Musk's leadership; Adam Kinzinger telling CNN's Jake Tapper conspiracies about why Elon Musk ended Donald Trump's Twitter ban; the end of Bob Chapek ruining Disney as he has been fired and replaced by Bob Iger; Dave Portnoy explaining to Tucker Carlson how Sam Bankman-Fried used FTX and Alameda Research to fund Democrat donations to help write crypto regulations; Klaus Schwab telling the crowd at the B20 summit how society needs to be restructured; how the Oregon mask mandate may become permanent; how China's zero-COVID policy is creating a dystopia; the G20's push for vaccine passports for travel; Giorgia Meloni's takedown of Emmanuel Macron's exploitation of African nations; and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Late Confirmation by CoinDesk
MONEY REIMAGINED: Worse Than Enron? The FTX Collapse Leaves Many With Egg on Their Faces

Late Confirmation by CoinDesk

Play Episode Listen Later Nov 18, 2022 37:07


This episode is sponsored by Roofstock onChainThis is a story of how something can appear to be what it is not. It's a tale of a jarring contrast between the image the world had of Sam Bankman-Fried before FTX's meltdown pushed the crypto world into a nauseating tailspin and the reality of a wildly mismanaged multibillion-dollar empire with what Bankman-Fried's appointed successor described as an “unprecedented” failure of accounting, oversight and discipline. Before Ian Allison's Nov. 2 CoinDesk scoop on FTX sister company Alameda Research's suspect balance sheet, Bankman-Fried was seen as a philanthropic, well-connected, celebrity-hobnobbing, marketing-savvy leader, a wunderkind who made crypto respectable. Two weeks later, he is viewed as a laughing stock, a suspected criminal, an irresponsible, wildly underqualified, selfish child who has destroyed the livelihoods of tens of thousands. Wow. What a difference two weeks make!In this episode of Money Reimagined, host Michael Casey chats with two CoinDesk colleagues who've delved deeply into the SBF story: Deputy Managing Editor for Companies coverage Tracy Wang and Managing Editor for Global Policy and Regulation, Nikhilesh De. Together they dig into how the erstwhile FTX CEO could have misled the world to such a degree. They explore Bankman-Fried's journey, how it begins with his adherence to the principles of effective altruism, a stated desire to get as rich as possible to do maximum good, and how it all seems to fall apart as FTX gets bigger. They discuss how his philanthropy, political donations, and marketing efforts hid the dark reality underneath and delve into what needs to happen, at the community level and in regulation, to protect people falling from such distortions in the future. See also: Divisions in Sam Bankman-Fried's Crypto Empire Blur on His Trading Titan Alameda's Balance SheetSam Bankman-Fried's Frequent Commenting Draws Icy Response From FTX's Restructuring ChiefFTX Employees Worldwide Learned of Bankruptcy Along With the PublicThe FTX Collapse Looks an Awful Lot Like EnronThe Long Arm of FTXThis episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Odd Lots
Matt Levine on the Collapse of FTX and Alameda

Odd Lots

Play Episode Listen Later Nov 18, 2022 33:35


It was on an episode of the Odd Lots podcast in April 2022 that Sam Bankman-Fried infamously characterized yield farming as a "box," in a metaphor that made the practice sound a lot like a ponzi scheme. Of course, in the wake of the collapse of his two main firms — FTX and Alameda Research — that conversation looks more and more like a huge red flag, but also provides insight into the shaky finances of his crypto empire. Bloomberg Opinion columnist Matt Levine was also a guest on that episode and he joins us again this week to discuss where we are in the fallout out of the FTX saga.See omnystudio.com/listener for privacy information.

The Majority Report with Sam Seder
2970 - The Myths Around Gentrification; FTX Empire Collapses w/ Leslie Kern & Jacob Silverman

The Majority Report with Sam Seder

Play Episode Listen Later Nov 17, 2022 72:57


Emma hosts Leslie Kern, professor of geography, environment, women's and gender studies at Mount Allison University, to discuss her recent book Gentrification Is Inevitable And Other Lies. Then, she is joined by writer Jacob Silverman to discuss the recent developments surrounding the crypto exchange FTX and its founder, Sam Bankman-Fried. First, Emma runs through updates on the GOP making their House Majority official, Mitch McConnell beating out Rick Scott for Senate Minority leader, same-sex marriage legislation making it past the filibuster, violence in Iran, and a mass Starbucks worker strike in the US, also parsing through the ProPublica leak of a discussion between various anti-choice lobbyists. She's then joined by Professor Leslie Kern, as she dives right into the nature of the monster of gentrification, first looking at the unnatural forces of modern neoliberalism that make it seem so inevitable today, with local and federal governments removing regulations and smoothing the path for capital and multinational organizations to turn housing into an asset class and use it as such. After diving deeper into this financialization of something necessary for life, taking spaces fundamental to the existence of urban communities and turning them into spaces of speculation and tourism built for outsiders, Professor Kern and Emma explore why the combination of a capitalist land market and mass disinvestment from certain communities will almost always point towards gentrification. Wrapping up, Professor Kern walks through the coining of the term in 1960s London to recognize a process that had been ongoing for a while, looking to explore the cultural drive that pushed certain middle-class homeowners away from suburban sprawl (not to mention the obvious economic elements), before the rise of neoliberalism in the ‘80s began to make urban centers a generally desirable investment for the rest of the middle-class, setting the stage for the third, finance-backed wave of gentrification that we see today. Jacob Silverman and Emma then dive into the rapid rise and fall of Sam Bankman-Fried, founder of a massive crypto empire in the FTX exchange and Alameda Research firm, diving into how his Ponzi scheme turned him into a billionaire on paper, while myriad liberal institutions offered him legitimacy, allowing him to effectively run wild, investing billions in others' money completely unregulated. Wrapping up that story, Jacob and Emma discuss the echo of the 2008 financial crash that can be seen in the recent Crypto crashes, and the greater implications of SBF effectively disappearing billions of dollars from investors. And in the Fun Half: Emma is joined by Brandon Sutton and Matt Binder as they tackle Karen Bass' W in the LA Mayoral race, who could actually beat Trump in a GOP Presidential race, and the culpability of Kirsten Gillibrand as she CONTINUES to campaign for crypto. Herschel Walker soft launches his Letterboxd, Ben Shapiro and Matt Walsh discuss whether marriage is just having a baby, Mitch in Dallas dives deeper into how the crypto crash echos 2008, and Meta continues its mediocre early 2010s VR grift. Nick Adams talks anti-woke NBA stars and Sean Hannity hates on that sweet skunky smell of freedom, plus, your calls and IMs! Check out Leslie's book here: https://www.versobooks.com/books/4047-gentrification-is-inevitable-and-other-lies Follow Jacob on Twitter here: https://twitter.com/SilvermanJacob Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the ESVN YouTube channel here (OT STREAMING THERE TODAY!): https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Check out today's sponsors: ZipRecruiter: Some things in life we like to pick out for ourselves - so we know we've got the one that's best for us - like cuts of steak or mattresses. What if you could do the same for hiring - choose your ideal candidate before they even apply? See for yourself! Just go to this exclusive web address, https://www.ziprecruiter.com/majority to try ZipRecruiter for free!    Shopify: Scaling your business is a journey of endless possibility. Shopify is here to help, with tools and resources that make it easy for any business to succeed from down the street to around the globe. Go to https://shopify.com/majority for a FREE fourteen-day trial and get full access to Shopify's entire suite of features! Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattBinder @MattLech @BF1nn @BradKAlsop Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/ Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder - https://majorityreportradio.com/

Odd Lots
Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Odd Lots

Play Episode Listen Later Nov 17, 2022 51:51


The collapse of the Sam Bankman-Fried empire is gigantic, sprawling and fast moving. While details are still coming out, it already ranks among the most prominent corporate disasters of all time and has left the entire crypto community reeling. To better understand the role that FTX played in the industry and how the exchange started to unravel, we speak with two guests on this episode. First, we have Evgeny Gaevoy, the founder and CEO of the crypto market-making firm Wintermute, to explain how he used the FTX platform and how he understood its relationship with SBF's trading firm, Alameda Research. Then we speak with independent researcher James Block, author of the Dirty Bubble Media newsletter, and one of the first observers to blow the whistle on the FTX disaster.Stay tuned. On Friday, we'll have a special follow-up interview with Bloomberg Opinion's Matt Levine, who also appeared with Sam Bankman-Fried on the now-infamous “yield farming” episode of Odd Lots in April 2022.See omnystudio.com/listener for privacy information.

Long Reads Live
The State of Post-FTX and Alameda Research Market Contagion

Long Reads Live

Play Episode Listen Later Nov 16, 2022 18:38


This episode is sponsored by Nexo.io, Circle and Kraken.   On today's episode, NLW explores the state of the market in the wake of the collapse of FTX and Alameda Research. He looks at hedge funds that have reported funds stuck on FTX as well as overall liquidity conditions. He also looks at the divergence between crypto and other risk assets over the last two weeks. - Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io. - Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today's show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle's USDC Hub for Businesses. - Kraken, the secure, trusted digital asset exchange, is our sponsor for today's show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. You're covered by industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Razor Red” by Sam Barsh. Image credit: Alex Wong/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

CrossPolitic Studios
Daily News Brief for Tuesday, November 15th, 2022 [Daily News Brief]

CrossPolitic Studios

Play Episode Listen Later Nov 15, 2022 17:00


This is Garrison Hardie with your CrossPolitic Daily Newsbrief for Tuesday, November 15th, 2022. Just a heads up ladies and gentleman, I will be out of the country and into Canada with Gabe the Waterboy the 16th-21st, so we will only have a newsbrief today, and Wednesday morning, but not to worry, I’ll be back next week to bring you the news… Redballoon Not so long ago, the American dream was alive and well. Employees who worked hard were rewarded, and employers looked for people who could do the job, not for people who had the right political views. RedBalloon.work is a job site designed to get us back to what made American businesses successful: free speech, hard work, and having fun. If you are a free speech employer who wants to hire employees who focus on their work and not identity politics, then post a job on RedBalloon. If you are an employee who is being censored at work or is being forced to comply with the current zeitgeist, post your resume on RedBalloon and look for a new job. redballoon.work, the job site where free speech is still alive! www.redballoon.work https://thepostmillennial.com/maricopa-election-officials-launched-pac-in-2021-to-stop-maga-candidates?utm_campaign=64487 Maricopa election officials launched PAC in 2021 to stop MAGA candidates It has been revealed that embattled Arizona's Maricopa County Recorder Stephen Richer and Supervisor Chairman Bill Gates in 2021 started a political action committee to stop MAGA candidates. On November 17, 2021, Meg Cunningham from the Kansas City Beacon tweeted that Richer, "the Maricopa County recorder, is launching a PAC to support Rs running for non-federal AZ offices who 'acknowledge the validity of the 2020 election and condemn the events of Jan. 6, 2021, as a terrible result of the lies told about the November election.'" Richer retweeted her saying, "Thanks to a few generous donors this is now launching. Join me if you care about traditional Republican 'stuff' (free people, free markets, rule of law), but also don’t believe in conspiracies about the 2020 election or that Jan 6 was a tourist event." The PAC called Pro Democracy Republicans of Arizona claims on their website that they are "fighting to keep our democratic institutions alive." The website is sparse on details aside from how to donate but does have a few sentences on their mission. "The Arizona election wasn’t stolen. We Republicans simply had a presidential candidate who lost, while we had many other candidates who won. It’s time we Republicans accept and acknowledge that fact." "Candidates come and go. But our democratic institutions are long-lasting, and peaceful transitions of power are a hallmark of the United States. We should not abandon this history in favor of conspiracy theorists and demagoguery." "To that end, we are launching this PAC to support pro-democracy Arizona Republicans." Political pundits, candidates, and others have continued to slam Arizona’s Maricopa County Elections Department for ongoing failures in their election system. Almost a week after election day, the county, as well as the state, are some of the last to not have candidates declared as winners, as votes continue to be counted. As Secretary of State, gubernatorial Democratic candidate Katie Hobbs was in charge of overseeing the election after failing to recuse herself. https://twitter.com/i/status/1590526914019864577 - Play Video 0:00-2:12 On Wednesday night, Republican gubernatorial nominee and Trump-endorsed candidate Kari Lake called out her opponent and Maricopa County Richer as "incompetent." The results of Arizona's gubernatorial race between Hobbs and Lake are still pending as is the senatorial race between Democrat Sen. Mark Kelly and Republican challenger Blake Masters. https://www.theepochtimes.com/another-court-rules-against-biden-administrations-student-loan-forgiveness-program_4862341.html?utm_source=partner&utm_campaign=BonginoReport Appeals Court Rules Against Biden Administration’s Student Loan Forgiveness Program A federal appeals court on Nov. 14 entered a ruling against the student loan forgiveness program announced by President Joe Biden’s administration earlier this year. Erasing student loan debt would be “irreversible,” a panel of the St. Louis-based U.S. Court of Appeals for the 8th Circuit ruled, entering an injunction against the administration pending an appeal. The panel consisted of U.S. Circuit Judges Bobby Shepherd, a George W. Bush appointee; Ralph Erickson, a Donald Trump appointee; and Steven Grasz, another Trump appointee. They sided with Missouri and five other Republican-led states that had sued Biden and Education Secretary Miguel Cardona after the announcement of the program, alleging that it was illegal for the executive branch to enact such widespread loan relief. Biden administration officials have said that the Higher Education Relief Opportunities for Students Act of 2003 grants the authority for the relief, which is expected to cost about $400 billion and apply to tens of millions of Americans. The appeals court ruling came after U.S. District Judge Henry Edward Autrey, a George W. Bush appointee, rejected the states’ suit, finding that they lacked standing to sue on behalf of the Missouri Higher Education Loan Authority (MOHELA). The three appeals judges disagreed, finding that MOHELA is effectively an arm of the state of Missouri and even if it wasn’t, the financial effect of the administration’s debt discharge still threatens Missouri because it would affect the state’s Lewis and Clark Discovery Fund, a capital fund that can support projects at colleges. The fund receives money from MOHELA. The ruling follows a separate appeals court decision to temporarily block the program and U.S. District Judge Mark Pittman, a Trump appointee, finding it unconstitutional and vacating it. After Pittman’s ruling, dated Nov. 8—the same day as the midterm elections—the administration stopped accepting applications for the program. Administration lawyers have already appealed that ruling and the government will hold onto information from the 26 million borrowers, including the 16 million who have already been approved for relief, “so it can quickly process their relief once we prevail in court,” White House press secretary Karine Jean-Pierre said. https://hotair.com/jazz-shaw/2022/11/14/oregon-leftists-bragging-about-new-gun-control-law-n510693 Oregon leftists bragging about new gun control law The red wave in Oregon didn’t happen for the most part, though Republicans took a House seat here and there and performed well in the more rural, western part of the state as usual. The hype surrounding the possibility that Democrat Tina Kotek could be defeated, turning the Governor’s Mansion red, fizzled in the end. Another piece of bad news turned up in a ballot measure that didn’t draw all that much attention on the national level. Measure 114 passed on election day, ushering in a new round of gun control restrictions and requirements. NBC News launched into a celebration of this “victory” in which they bemoaned the rising number of deaths involving firearms in recent years while claiming (without evidence) that this new law in Oregon would do something about it. In this climate, voters in Oregon have fought back. Heading into the midterm elections, voters took it upon themselves to strengthen gun laws by proposing Measure 114, a ballot initiative that requires a background check, a license and safety training to buy firearms in the state. The measure also prohibits large-capacity magazines that hold more than 10 rounds of ammunition. Oregon’s measure is particularly important because Congress, the courts and many state legislatures have done so little to contain the violence. Meanwhile, the number of gun deaths in the United States has skyrocketed — in fact, our analysis of the data shows that guns drove a recent spike in homicides and suicides… Given the Supreme Court’s expansion of Americans’ right to own guns, it can be frustrating to consider what preventive steps are possible. The Oregon referendum, however, is an example of how laws can prevent gun violence. Firearm purchaser licensing, as contained in the ballot measure, is one of the most effective policies at reducing gun deaths. First of all, there’s nothing really unique or groundbreaking about this measure when compared to similar proposals in other liberal states. They are requiring all purchasers of firearms to complete a background check (which everyone already had to do anyway) and complete mandatory gun safety training before being able to obtain a license to own a gun. It also limits the size of magazines to ten rounds of ammunition. What Measure 114 really does is make it more time-consuming, expensive, and laborious for lawful residents to legally obtain a firearm. NBC goes to great lengths to document how many gun-related deaths have been recorded in the country of late, concluding that Oregon’s law will impact those statistics in a positive way. As usual, what’s entirely missing in this liberal “analysis” is any sort of context or even a nod to the reality of gun crime in the United States. Yes, more people are getting shot. That’s only one facet of the rising violent crime rates we’ve been seeing, primarily in urban areas. And the NBC report conveniently ignores the fact that the vast, vast majority of the people being shot are the victims of criminals who could never pass a background check and get their guns on the black or gray markets. Also ignored in this report is the reality that lower-income minority citizens are disproportionately the victims of these gun crimes. And by making it harder for the law-abiding to obtain a firearm, you’re making it hard for them to defend themselves if such a thing happens to them. https://thepostmillennial.com/report-ftx-ceo-detained-by-authorities-in-bahamas?utm_campaign=64487 FTX CEO detained by authorities in Bahamas Sam Bankman-Fried, the former CEO of the collapsing cryptocurrency company FTX, along with two others associated with the company, director of engineering Nishad Singh and co-founder Gary Wang, are "under supervision" in the Bahamas after the trio reportedly were planning on fleeing to Dubai. According to Cointelegraph, "Right now three of them, Sam, Gary, and Nishad are under supervision in the Bahamas, which means it will be hard for them to leave." Dubai is a city in the United Arab Emirates that prior to February 24, 2022, had no extradition treaty with the United States. However, as of that date, the two countries signed a mutual legal assistance treaty which does permit extradition. The multi-billion dollar cryptocurrency company FTX, run by CEO Sam Bankman-Fried, the second biggest Democrat donor right after George Soros, collapsed last week as details emerged regarding their financial practices, which led to a run by customers on FTX. FTX did not have the funds to pay out. "FTX is under investigation by the US Securities and Exchange Commission (SEC) regarding the management and handling of client funds. With this latest development, FTX has more questions to answer as scrutiny builds around the SEC investigation," Cryptoslate reported. Roughly $5 billion was withdrawn from FTX on Sunday. The trouble began for FTX last week when rival crypto company Binance said they were selling off their holdings of FTT, the proprietary coin of FTX. After Binance's comments, FTX was in financial trouble and essentially sought a bailout from other firms, Binance among them. The New York Post reports that FTX's implosion followed revelations "that co-founder Sam Bankman-Fried had been funneling money to a sister trading company run by his girlfriend." That company, Alameda Research, is run by Bankman-Fried's girlfriend, Caroline Ellison, and is also based in the Bahamas. Binance announced that they would buy the company, then pulled out of the deal, saying that after some due diligence, they decided it would not be a good investment. Part of the issue for Binance is that Alameda Research, helmed by Bankman-Fried's girlfriend, holds a great deal of their assets in FTT, and FTX had invested their customers' funds into Alameda through a "back door," without oversight. Details have emerged that FTX had partnered with Ukraine to process donations to their war efforts within days of Joe Biden pledging billions of American taxpayer dollars to the country. Story Real Estate: Home. It’s where you build your legacy. Where traditions are started, seeds are planted, meals are shared, and stories are told. Home is where you prepare to go out into the world. Finding the home that’s perfect for your family is a big job. Story Real Estate is Moscow’s top real estate team. They give people real estate advice all over the country. Family homes, investments, land, new construction, or commercial— they know real estate. If you’ve thought about a move to Moscow or anywhere in the country, reach out to get connected with a Story Real Estate agent. Wherever you’re going, they can help guide you Home. Visit storyrealestate.com. Now it;s time for my favorite topic… sports! This one hits close to home for our producer Neil, as this was his first ever favorite fighter when it came to MMA… https://www.mmafighting.com/2022/11/13/23456635/two-time-ufc-title-challenger-anthony-rumble-johnson-dead-at-38 Two-time UFC title challenger Anthony ‘Rumble’ Johnson dead at 38 Anthony Johnson, a Bellator fighter and two-time UFC title challenger, has died. He was 38 years old. MMA Fighting has confirmed the news with sources with knowledge of the situation, following an outpouring of messages on social media regarding Johnson’s death. The cause of death has yet to be announced. Johnson is best remembered for a pair of UFC stints from 2007-2012 and 2014-2017. His first run with the promotion saw him emerge as an intriguing welterweight prospect with unmatched knockout power, while his second run occurred as a light heavyweight. It was during Johnson’s second UFC run that he defeated the likes of Glover Teixeira, Ryan Bader, Alexander Gustafsson, and Phil Davis, and earned two cracks at the light heavyweight championship. He announced his retirement after a 2017 title fight loss to Daniel Cormier, but returned to competition in 2021 and fought once for Bellator, defeating Jose Augusto by second-round knockout. In October 2021, Johnson was to fight Bellator light heavyweight champion Vadim Nemkov as part of a grand prix tournament, but was forced to withdraw from that contest due to an undisclosed illness. Johnson’s pro MMA record was 23-6 with 17 wins coming by way of KO/TKO.