Tag: testimony
Will He Or Won’t He?! Powell Testimony Has The Answers!
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Powell testimony, financial sector woes lead to worst week for S&P 500 since September
Harry and Meghan must give testimony in Samantha Markle defamation case after request not to refused
US venue owner axes merch commissions following artist’s testimony in Congress
Tesla Staged a Self-Driving Video In 2016, According to Engineer’s Testimony
Back in 2016, Tesla published a video promoting the “Full Self-Driving” capabilities of its vehicles. But in a recent testimony, Tesla’s director of Autopilot software claims that this promotional video was staged. Tesla simply preprogrammed a route for the car, and humans intervened whenever things got dicey.
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Sam Bankman-Fried LEAKED Testimony!! What It Says!?
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Forbes Publishes Transcript of SBF’s Planned Testimony
Here are the key takeaways from SBF’s draft testimony, as highlighted by Forbes: – Bankman-Fried is being ghosted by FTX’s court-appointed CEO John Ray.
– Bankman-Fried says that FTX.US general counsel and former Sullivan & Cromwell partner, Ryne Miller, put intense pressure on Bankman-Fried and others to rush into filing for Chapter 11.
– Bankman-Fried believes that John Ray and law firms managing the bankruptcy, including Sullivan and Cromwell, are dusting off the Enron playbook in an effort to reap enormous fees from FTX’s bankruptcy.
– The Chapter 11 team is not playing nice with foreign regulators.
– Bankman-Fried thinks that John Ray and the U.S. Bankruptcy Court is bullying the Bahamian government and overstepping its rights as the main domicile for FTX International.
– Bankman-Fried devotes seven pages to a section he calls “Misstatements,” detailing instances where John Ray and team are disseminating false and inaccurate information about the companies he created.
– FTX did not have a risk management team.
– Bankman-Fried claims that there are signed Letters of Intent (LOIs) from prospective investors that could recapitalize the exchange.
– Binance CEO Changpeng Zhao orchestrated a negative public relations campaign to bring down FTX.
– Having eliminated FTX as its largest global competitor, Binance is now averaging approximately 70% of global cryptocurrency volume.
– Bankman-Fried wants to set the record straight on false reports of hard partying at FTX and on his own drug usage. He says he has never been drunk in his life, and has been on an antidepressant for the last decade.
Read more of this story at Slashdot.
Will SBF saddle up for a testimony after his media tour?
If you’re keeping up with the news cycle, then you know FTX’s former CEO Sam Bankman-Fried has gone on quite a bit of a media campaign.
Will SBF saddle up for a testimony after his media tour? by Jacquelyn Melinek originally published on TechCrunch