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VOICE ARCHIVE

Chet Long

@realchetblong
13 posts
2023-01-31
They took a hit to their profit like they haven't seen in 8 years, and expect further contractions in the smartphone and chip markets going further into 2023. The fight to bring down inflation is necessary, but it isn't fun... and it isn't done. https://twitter.com/...
2023-01-31 View on X
Nikkei Asia

Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand

South Korean tech giant's slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday …

They took a hit to their profit like they haven't seen in 8 years, and expect further contractions in the smartphone and chip markets going further into 2023. The fight to bring down inflation is necessary, but it isn't fun... and it isn't done. https://twitter.com/...
2023-01-31 View on X
Reuters

Samsung reports a ~$1.38B mobile profit in Q4, down from ~$2.15B in Q4 2021, and says its 2023 chip investment will be similar to 2022, in contrast to rivals

🔻 The world's biggest maker of chips and smartphones, Samsung, just reported a 69% plunge in Q4 profit. If that doesn't spell recession, I'm not sure what does. 📉
2023-01-31 View on X
Reuters

Samsung reports a ~$1.38B mobile profit in Q4, down from ~$2.15B in Q4 2021, and says its 2023 chip investment will be similar to 2022, in contrast to rivals

🔻 The world's biggest maker of chips and smartphones, Samsung, just reported a 69% plunge in Q4 profit. If that doesn't spell recession, I'm not sure what does. 📉
2023-01-31 View on X
Nikkei Asia

Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand

South Korean tech giant's slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday …

2023-01-04
🚨 Judge Lewis Kaplan makes new ruling that Bankman-Fried is barred from accessing any FTX or Alameda assets. - court hearing Sounds a lot like this means he did have access before today...
2023-01-04 View on X
CoinDesk

A judge sets SBF's trial for October 2023, allows redacting his bond signers' names for now, and amends his bail terms to prohibit him from accessing FTX funds

furiously writing notes to his attorneys on a legal pad and pointing to them with a biro. Leo Schwartz / @leomschwartz : After Judge Kaplan granted Sam Bankman-Fried's lawyers' req...

🚨 US Prosecutor proposes a new bail condition that would prevent Bankman-Fried from accessing or transferring any assets related to FTX or Alameda. Does this mean he's about to lose internet access?
2023-01-04 View on X
CoinDesk

A judge sets SBF's trial for October 2023, allows redacting his bond signers' names for now, and amends his bail terms to prohibit him from accessing FTX funds

furiously writing notes to his attorneys on a legal pad and pointing to them with a biro. Leo Schwartz / @leomschwartz : After Judge Kaplan granted Sam Bankman-Fried's lawyers' req...

2022-12-23
⚖ Bankman-Fried is present at the defense table with two lawyers, and Magistrate Judge Gabriel W. Gorenstein is beginning to go through the counts of charges against him.
2022-12-23 View on X
Reuters

Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; a judge grants a $250M bail confining him to his parents' Palo Alto home

Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse …

2022-12-22
Appears this is the infamous flight, just appeared in the system with no data yet from the part of the airport SBF was transported to, and matches the image of the plane on the ground. https://twitter.com/...
2022-12-22 View on X
Washington Post

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

🚨 CFTC now files charges along with the SEC against Caroline Ellison and Gary Wang. It certainly seems the SEC, CFTC and US Attorney strategized the timing of this: wait until SBF agrees to extradite, then while he's on a plane announce charges and their guilty pleas. 💥 https://twitter.com/... https://twitter.com/...
2022-12-22 View on X
U.S. Securities and Exchange Commission

The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022

The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …

Appears this is the infamous flight, just appeared in the system with no data yet from the part of the airport SBF was transported to, and matches the image of the plane on the ground. https://twitter.com/...
2022-12-22 View on X
Bloomberg

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.

🚨 Seems the other two have likely struck a deal, and snitched on SBF... things will get very interesting now. https://twitter.com/...
2022-12-22 View on X
Washington Post

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

🚨 CFTC now files charges along with the SEC against Caroline Ellison and Gary Wang. It certainly seems the SEC, CFTC and US Attorney strategized the timing of this: wait until SBF agrees to extradite, then while he's on a plane announce charges and their guilty pleas. 💥 https://twitter.com/... https://twitter.com/...
2022-12-22 View on X
Washington Post

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

2022-12-21
⚖️ So far only SBF's lawyer and US Embassy officials have shown up to the courthouse today. Looks like extradition talks are likely underway. Will update when more data drops.
2022-12-21 View on X
CNBC

Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering

- Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.