Techmeme: A look at Sam Bankman-Fried's rise and fall in DC: becoming the face of crypto, backing a digital commodity bill, and testifying before congressional committees (Financial Times)
FBI is planning to extradite SBF as crypto contagion from FTX collapse spreads to $20BN BlockFi
Techmeme: Antenna: 9% of Netflix's US sign-ups in November were for its ad tier; ~57% of ad-tier subscribers were people re-joining or new signups, while ~43% downgraded (Sarah Krouse/Wall Street Journal)
Techmeme: A profile of Alibaba co-founder Eddie Wu, set to become CEO in the fall, who has a close relationship with mentor Jack Ma and will manage the company's breakup (Financial Times)
Techmeme: Current and former FTX and Alameda staff describe rampant conflicts of interest, nepotism, and a lack of oversight as SBF ran the companies with nine housemates (Tracy Wang/CoinDesk)
Episode #456: Marc Cohodes on SBF, Fraud, & The FTX Death Spiral - Meb Faber Research - Stock Market and Investing Blog
Techmeme: FTX, FTX US, Alameda Research, and ~130 affiliated companies file for Chapter 11 bankruptcy in the US; Sam Bankman-Fried resigns as CEO but stays on to assist (MacKenzie Sigalos/CNBC)
SBF Flew Business As Judge Recuses From FTX Case! Tech ARP
Celebrities, Investors Scramble To Erase Evidence of SBF Ties : r/CryptoCurrency
🟪 The worst bank in the world - Blockworks Newsletter
How World Economic Forum, others are hiding past ties with FTX
Failures in Cryptocurrency Exchanges Create Tax Challenges for Investors