Some UK policymakers worry about Elon Musk complicating UK-US ties, as his diatribes against the Labour government extend well beyond tech and free speech
A London-based VC has connected Boris Johnson and the Tesla chief, who Tony Blair has praised as ‘an extraordinary innovator’ Bluesky: @edwardluce , @pickardje , and @bondhack X: @...
A look at the Financial Times' Claude-powered AI chatbot Ask FT, which is trained on FT's articles and available to some subscribers in the FT Professional tier
The Verge :
A deep dive into PDD's finances and operations, which are shrouded in secrecy and raise questions about US investors' confidence in Temu's parent company
Financial Times :
Filings: Tether deposited $1B+ with Britannia Financial, founded by a Tory donor later charged by the US with bribery, a rare look at its banking relationships
Funds from the world's largest stablecoin issuer are at the centre of a High Court battle — Tether deposited more than $1bn …
An excerpt from the book Number Go Up details an April 2022 FTX conference in the Bahamas, where writer Michael Lewis lavished Sam Bankman-Fried with praise
Three years ago, nobody knew who you were. And now you're sitting on the cover of magazines. And you're a gazillionaire.
Sources detail a tumultuous 12 months for Sequoia: spinning off its highly profitable Chinese arm, its FTX and Twitter bets souring, and Michael Moritz leaving
Silicon Valley's premier venture firm undergoes ‘profound change’ after China splits and bets on FTX and Twitter sour X: @bondhack and @refsrc X: Robert Smith / @bondhack : [image]...
A look at the proliferation of fake LinkedIn profiles; LinkedIn's transparency report says the company blocked 58M+ accounts in H2 2022, up from 22M in H1
On the internet, nobody knows you bought a dog — William Grace-Hunter doesn't exist, though this may not be immediately obvious from his LinkedIn profile.
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license
Minister to meet payment group's bosses amid fears UK's biggest tech group will leave the country
HSBC plans to acquire Silicon Valley Bank UK for £1, citing “strategic sense for our business”; as of March 10, SVB UK had ~£5.5B loans and ~£6.7B deposits
HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound.
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
HSBC plans to acquire Silicon Valley Bank UK for £1, citing “strategic sense for our business”; as of March 10, SVB UK had ~£5.5B loans and ~£6.7B deposits
HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound.
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5
- Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies
the Cullen Commission in Canada on money laundering asked Bitfinex - Tether people to testify at our govt inquiry on money laundering, and asked them nothing about their operations...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binan...
Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, taking their holdings to 47.6 BTC
- Wallets linked to Alameda Research have sold several crypto tokens. — These swaps happened barely days after Sam Bankman-Fried posted bail.
The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond
Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors
Sam Bankman-Fried lands in the US to face criminal charges after being taken into custody on December 21, following extradition approval by a Bahamas judge
Sam Bankman-Fried is on his way to an airport to be flown to the US to face a litany of criminal charges after a Bahamas judge approved his extradition.