Ahead of Holidays and New Years, the Old United States is Solid National Security Agency (NSA) contractor Edward Snowden, known the world over as a privacy advocate and whistleblower, took to Twitter after saying that current “Chief Twit” Elon Musk was stepping down. I offered to step up as the new CEO. In another piece of news this week, Michael Burry, his manager at ‘The Big Short’ famed hedge fund, said audits of cryptocurrency exchanges like FTX and his Binance were ‘pointless’. I’m here. Keep an eye out for these hot stories and much more in his Bitcoin.com Newsweek-in review in this latest issue.
Elon Musk Pledges to Step Down as Head of Twitter — Edward Snowden Casts His Name in His CEO’s Hat
Tesla CEO and Twitter head Elon Musk has promised to step down as Twitter head. As the billionaire seeks a new CEO to run his social media platform, privacy advocate Edward Snowden threw his name into the hat and said he would make payments in Bitcoin. “The problem isn’t finding a CEO, it’s finding a CEO who can keep Twitter alive,” Musk clarified.
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FTX’s new CEO tells lawmakers SBF family ‘certainly received payment’
According to multiple reports, the parents of FTX co-founder Sam Bankman-Fried are facing scrutiny over reports of their son’s involvement in running the business. Two Stanford University professors, Joseph Bankman and Barbara Freed, have not been charged with wrongdoing, but current FTX CEO John J. Ray III recently told members of Congress: Joseph Bankman said, “The family did indeed receive payment from FTX.”
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As Bahamian US, FTX co-founder reveals ‘wasted day’ in court “Visible shaking” Legal team preparation for delivery
Sam Bankman-Fried (SBF), co-founder of FTX, said SBF’s local lawyers contradicted his U.S. law. He had a difficult day in court on Monday, according to many reports who said he appeared to be team. In addition, the court reported that the SBF had fallen asleep for long periods of time and had to be awakened by officials.
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Big-short investor Michael Barry is an investor in cryptocurrency exchanges such as Binance and FTX.
Hedge fund manager Michael Barry, who famously predicted the 2008 financial crisis, said the audit was “meaningless.” He says the audit issues are the same as when he started using a new kind of credit default swap. “Our auditor was learning on the job,” he explained, adding, “Not a good thing.”
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