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Ex-FTX execs, including general counsel Can Sun, plan to launch crypto exchange Backpack and say they want to protect user funds with lessons from FTX's failure (Wall Street Journal) 11-11-2023

Wall Street Journal: Ex-FTX execs, including general counsel Can Sun, plan to launch crypto exchange Backpack and say they want to protect user funds with lessons from FTX’s failure  —  Ex-FTX lawyer Can Sun and other former company executives want the new exchange to allow customers to verify holdings at any time Lees verder op Tech Meme

London-based Monument, a digital bank focused on mass affluent clients, raised a $50M Series B, a source says at a £150M+ pre-money valuation (Mark Kleinman/Sky News) 12-11-2023

Mark Kleinman / Sky News: London-based Monument, a digital bank focused on mass affluent clients, raised a $50M Series B, a source says at a £150M+ pre-money valuation  —  Monument Bank’s Series C fundraising is being launched immediately after the completion of a £40m injection from shareholders including Dubai Investments, Sky News understands. Lees verder op Tech Meme

Filing: FTX sues crypto exchange Bybit and two affiliates to recover ~$953M that they allegedly withdrew using “VIP” status just before FTX filed Chapter 11 (Jonathan Randles/Bloomberg) 11-11-2023

Jonathan Randles / Bloomberg: Filing: FTX sues crypto exchange Bybit and two affiliates to recover ~$953M that they allegedly withdrew using “VIP” status just before FTX filed Chapter 11  —  – FTX claims Bybit affiliate used “VIP” status to withdraw funds  — Bybit’s Mirana withdrew $327 million just before FTX pause Lees verder op Tech Meme

How Lukasz Krupski, a Tesla whistleblower in Norway, leaked personnel records and Autopilot data that caught the attention of regulators in several countries (Jack Ewing/New York Times) 11-11-2023

Jack Ewing / New York Times: How Lukasz Krupski, a Tesla whistleblower in Norway, leaked personnel records and Autopilot data that caught the attention of regulators in several countries  —  An employee who was fired after expressing safety concerns leaked personnel records and sensitive data about driver-assistance software. Lees verder op Tech Meme