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Prosecutors Ask Judge to Restrict SBF’s Access to Signal, Contacting Former Employees
• Sam Bankman-Fried (SBF), co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence witnesses in a case being investigated by the US government. • In a recent court document, the U.S. prosecutors declared that SBF sent a Signal message to “Witness-1” on January 15th, asking to reconnect and “vet things with each other.” • The attorneys of the Southern District of New York have requested the judge to restrict SBF’s access to encrypted messaging systems such as “Signal”, and also prohibit him from contacting former employees of FTX and Alameda Research. Sam Bankman-Fried (SBF), co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence witnesses…
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Winklevoss Twins Threaten to Sue Over $900M Unpaid Earn Funds
• Cameron Winklevoss, the co-founder and CEO of the Gemini trading platform, has threatened to sue Genesis Global and its parent company, the Digital Currency Group, after Genesis filed for bankruptcy involving two of its subsidiaries. • Cameron has voiced his displeasure on social media at the complacency of Genesis and Digital Currency Group, owned by Barry Silbert, with regard to settling Gemini Earn customers. • The Winklevoss twins have claimed that Silbert and Genesis are using stall tactics to avoid paying the $900 million owed to its Earn customers. Cameron Winklevoss, the co-founder and Chief Executive Officer (CEO) of the Gemini trading platform, has threatened to take legal action…
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Netflix Soars Past Expectations, Reed Hastings Steps Down
• Netflix (NASDAQ: NFLX) exceeded Wall Street’s expectations in Q4, gaining 7.66 million paid subscribers. • The significant addition to its subscribers in Q4 increased the company’s shares by 6%. • Co-founder Reed Hastings is stepping down as the CEO. Netflix (NASDAQ: NFLX) recently announced their fourth quarter financial results, which exceeded Wall Street’s expectations. The company gained 7.66 million paid subscribers, over the predicted 4.57 million, resulting in a 6% increase in their stock. At the time of writing, the company’s stock is up 7.12% in after-hours trading to $338.27. NFLX has seen positive growth since the beginning of the year, with a 9.05% increase in the last three…