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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Four Questions for...Amtrak Residency Judge Sam Nicholson

We talked to Random House editor and Amtrak Residency judge Sam Nicholson about picking the first class of writers for the unique program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-01 00:00:00 UTC ]
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Stephen Fry seeking digital makers for global YourFry storytelling project

Publisher working with WeTransfer to make text, audio and images available for creators alongside new autobiographyStephen Fry is the new Slash from GunsnRoses. But not for reasons related to chemical overindulgence, hats or windswept guitar solos.Slash was one of the first individuals to have... Continue reading at The Guardian

[ The Guardian | 2014-09-29 00:00:00 UTC ]
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Obituary: George Blagowidow, Hippocrene Books Founder

George Blagowidow, founder of Hippocrene Books, died on September 18. He was 90. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
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The Quest for Manhood: Talking with John and Sam Eldredge

Father and son John and Sam Eldredge talked about everything in weekly conversations after Sam graduated from college. These talks with his father eased Sam's transition to manhood, and now they are captured in a book for the benefit of other young men. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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The Start-up Learning Curve: Slicebooks Refines Its Biz Model

Three years after co-founding Slicebooks, Jill Tomich reflects on the evolving market for remixed ebooks and content, and how her company has adapted. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #learning curve #biz model #evolving market


The Tablet Magazine has Been Flawed From the Start

Magazine publishers have a tablet problem. According to one designer, they always have. Four years after Apple introduced the iPad, tablet apps are stagnating. A combination of design, pricing and discovery issues has made tablet magazines a har ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-08-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine publishers #apple introduced #tablet apps


Obituary: Frederick Ruffner, Founder of Gale Research, 88

Frederick Gale Ruffner Jr., who founded the Gale Research Co., passed away on August 12 at the age of 88, following a long illness. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-18 00:00:00 UTC ]
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Quadrille founder Cathie steps down

Quadrille founder and m.d. Alison Cathie is stepping down from her role. Cathie founded the... Continue reading at The Bookseller

[ The Bookseller | 2014-08-11 00:00:00 UTC ]
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Start Publishing Buys Whiskey Creek Press

A week after adding 795 titles in a deal with Mason Crest, Start Publishing has acquired Whiskey Creek Press and its main romance imprint, Torrid. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-23 00:00:00 UTC ]
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Amazon Starts Monthly Subscription Service for Unlimited E-Books

Amazon introduced a $9.99- a-month service for unlimited Kindle ebook downloads, letting customers devour books like they binge on TV services like Netflix and Amazon Prime.Kindle Unlimited includes more than 600,000 Kindle books and thousands of audiobooks from Audible Inc., Amazon said today... Continue reading at Advertising Age

[ Advertising Age | 2014-07-18 00:00:00 UTC ]
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Start Publishing in Deal with Mason Crest

E-book publisher Start Publishing has added 795 titles to its catalogue in a deal with independent publisher Mason Crest. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-15 00:00:00 UTC ]
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ALA 2014: Hot Start For ALA in Las Vegas

More than 20,000 librarians, authors, publishers and vendors from 765 exhibitors are expected to attend the conference over the next four days, and at first glance, the show looks like it will be a strong one. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-28 00:00:00 UTC ]
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You’d have to be crazy to start a media company, right?

Media startup founders apparently didn't get that memo that now's a pretty bad time to be in the publishing business. So, are they crazy? The post You’d have to be crazy to start a media company, right? appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-06-20 00:00:00 UTC ]
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You Too Can Start Your Own Translation Publishing House

Will Evans on the of his Dallas-based publishing house, Deep Vellum Press, and his intention to turn American readers into a community of translation lovers. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-20 00:00:00 UTC ]
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German publishers start legal action against Google over news snippets

German news publishers are escalating their fight to get a cut of the ad revenue that Google makes when it republishes parts of their news articles.The publishers’ society VG Media has started legal proceedings against Google after the search-engine giant refused to negotiate with the collecting... Continue reading at PC World

[ PC World | 2014-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad revenue #news articles #collecting society #vg media #search engines #advertising revenue #aggregators generate #republishing parts


BookCon Off to a (Mostly) Good Start

The debut of BookCon on the last day of this year’s BookExpo America was a solid one, but there was room for improvement, especially in terms of crowd control. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good start #bookexpo america


Publishing and Technology Start-ups at BEA 2014

Two data analytics companies, Next Big Book and Qlovi, won startup prizes at BEA, but several others caught our eye and are worth watching through 2014. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-03 00:00:00 UTC ]
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A Loud Start for BookCon

On every level – literally and figuratively, BookCon was a sell-out with executives forced to cap attendance at 10,000. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Century Books founders Judith and Steve Marosvolgyi on the same page

The gig: Judith and Steve Marosvolgyi are the founders of Century Books, a used bookstore on Green Street in Pasadena. Judith and Steve were voracious readers while growing up in their native Hungary. After defecting to the United States in 1986, each worked odd jobs. But they had a passion... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-05-18 00:00:00 UTC ]
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Founder of Just-Launched Authors Alliance Talks to PW

PW contributing editor Peter Brantley talks with UC Berkeley law professor Pamela Samuelson, founding member of a new author advocacy group, the Authors Alliance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-13 00:00:00 UTC ]
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