The Morning After: Disgraced FTX founder Sam Bankman-Fried started a newsletter

Sure, it may not sound like the spiciest headline, but Sam Bankman-Fried is in a weird place to be starting a Substack. He’s facing up to 115 years in prison if he’s convicted of federal fraud and conspiracy charges. And yet the embattled founder of collapsed crypto exchange FTX – who pleaded not guilty and is out on a $250 million bond while awaiting trial – figured it’d be a great idea to write about his perspective on the saga in a Substack newsletter.In his first post, about the collapse of FTX International, Bankman-Fried (aka SBF) claims “I didn’t steal funds, and I certainly didn’t stash billions away.” SBF notes that FTX US (which serves customers in America) “remains fully solvent and should be able to return all customers’ funds.” However, he does not mention that FTX co-founder Zixiao "Gary" Wang and former Alameda Research CEO Caroline Ellison pleaded guilty to fraud charges and are cooperating with prosecutors.– Mat SmithThe Morning After isn’t just a newsletter – it’s also a daily podcast. Get our daily audio briefings, Monday through Friday, by subscribing right here.The biggest stories you might have missedApple CEO Tim Cook is taking a 40 percent pay cut in 2023The best projectors you can buy in 2023, plus how to choose oneApple TV and Apple Music apps quietly appear on the Microsoft Store Samsung's Galaxy Watch 5 falls back to an all-time lowIntel’s new desktop processor reaches 6GHz without overclockingAmazon fails to overturn Staten Island warehouse's... Continue reading at 'Engadget'

[ Engadget | 2023-01-13 12:15:24 UTC ]
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Other Publishing stories related to: 'The Morning After: Disgraced FTX founder Sam Bankman-Fried started a newsletter'


‘Starting To Hit the Wall’: A Conference Focuses on Publishing Rights

'Things are not going to stop changing,' Ingenta's Randy Petway told Monday's Rights Conference audience. And that means new urgency around effective rights management. The post ‘Starting To Hit the Wall’: A Conference Focuses on Publishing Rights appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-14 00:00:00 UTC ]
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Company spotlight: Jump-starting JMP

John Murray Press m.d. Nick Davies on award wins and remaking a venerable brand. Continue reading at The Bookseller

[ The Bookseller | 2016-06-14 00:00:00 UTC ]
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The Cure co-founder memoir to Quercus

Quercus has acquired the memoir of Lol Tolhurst, one of the founding members of The Cure. Continue reading at The Bookseller

[ The Bookseller | 2016-06-08 00:00:00 UTC ]
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PayPal founder is 'comic book villain'

Gossip site Gawker accuses PayPal founder Peter Thiel of being 'vindictive' and a 'comic book villain' who uses his billions to fund libel suits against the site. Continue reading at BBC World

[ BBC World | 2016-05-27 00:00:00 UTC ]
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Stephen Fry backs libraries in poster campaign

Stephen Fry is supporting libraries by appearing in a new poster campaign from the Chartered Institute of Library & Information Professionals (CILIP). Continue reading at The Bookseller

[ The Bookseller | 2016-05-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #poster campaign #stephen fry #chartered institute


BBC Bitesize promotion will 'kill start-ups and destroy jobs'

Educational publishers have raised concerns over the BBC’s revision platform Bitesize, after the organisation launched a free app with cross-promotion on BBC TV and Radio. Continue reading at The Bookseller

[ The Bookseller | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bbc tv #educational publishers #raised concerns #organisation launched #free app


Bookstore Sales Continue Hot Start

Boosted by a 10.7% increase in March, bookstore sales for the first quarter of 2016 were up 6.2% over the comparable period in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-16 00:00:00 UTC ]
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HC Starts Bookstore Development Program

Beginning July 1, HarperCollins will provide extra discounts to indie booksellers who are opening new stores or adding new locations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Stephen Fry: 'Libraries save lives'

Actor and writer Stephen Fry has decried the deteriorating state of the public library service, saying that libraries need to be protected as they "save lives". Continue reading at The Bookseller

[ The Bookseller | 2016-05-05 00:00:00 UTC ]
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Slow Start for Houghton Mifflin Harcourt Trade

Sales in Houghton Mifflin Harcourt's trade division fell 7.3% in the first quarter and its loss rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-04 00:00:00 UTC ]
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Barnes and Noble Founder Len Riggio Finds the Time to Retire

The retiring B&N chairman reflects on his years in the bookselling business, and the big changes that have reshaped the chain in the past decade. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-29 00:00:00 UTC ]
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B&N founder Riggio to retire

The founder of Barnes & Noble Inc. has announced that he will retire as executive chairman in September after 45 years with the company. Continue reading at The Bookseller

[ The Bookseller | 2016-04-28 00:00:00 UTC ]
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Len Riggio, Barnes & Noble Founder, Announces Retirement

Len Riggio, who built Barnes & Noble from a single store into the country's largest bricks-and-mortar bookseller, will retire after the company's September annual meeting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-27 00:00:00 UTC ]
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Medium and Twitter founder: ‘We put junk food in front of them and they eat it’

Ev Williams on feedback loops, giving a home to publishers, and finding critical mass Ev Williams is not a fan of the increasingly homogenised media he currently sees, with its emphasis on feeding the great, gaping maw of platforms like Twitter and Facebook too often producing what he describes... Continue reading at The Guardian

[ The Guardian | 2016-04-10 00:00:00 UTC ]
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Refinery29 co-founder explains why it’s going ‘all-in’ on video

Yesterday, at the Digiday Publishing Summit in Vail, Colorado, Refinery29 co-founder Philippe Von Borries explained that his publisher is going "all-in" on video. He said that creating video for television is “one really important marker” in a company’s evolution and having a hand in all types... Continue reading at Digiday

[ Digiday | 2016-03-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creating video #video appeared #live broadcasts


Tributes paid to Arcadia founder Gary Pulsifer

Publisher Gary Pulsifer, who founded Arcadia Books, has died after a battle with cancer. Continue reading at The Bookseller

[ The Bookseller | 2016-03-26 00:00:00 UTC ]
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Lessons from Louise: the story of Paul Sheehan and the Sydney Morning Herald

Paul Sheehan’s story about the alleged gang rape of ‘Louise’ led, eventually, to him being suspended by Fairfax. But how has a writer so reckless survived for so long at a reputable media company? A special report by Richard Cooke for the Monthly and Guardian AustraliaThe office of the Sydney... Continue reading at The Guardian

[ The Guardian | 2016-03-09 00:00:00 UTC ]
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GABBS Founder Mulls Move to New Venue

The Great American Bargain Book Show, SIBA to discuss moving the annual bargain book event to another city as vendor turnout declines over the past decade. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #past decade


Facebook is letting publishers use Instant Articles to collect e-mail newsletter signups

Facebook has been running publishers’ content through Instant Articles for about a year, and now it’s letting some of them test newsletter sign-up messages. The New York Times and Washington Post are among those who are participating. The test seems addressed at the concern publishers have about... Continue reading at Digiday

[ Digiday | 2016-03-02 00:00:00 UTC ]
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Facebook co-founder sells The New Republic to rich liberal publisher

After four years of running one of magazine publishing's great trophy properties, Facebook multimillionaire Chris Hughes has found a new owner for The New Republic. Win McCormack, an Oregonian... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2016-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine publishing #win mccormack