Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review

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Ahead of the holidays and caller year, the erstwhile U.S. National Security Agency (NSA) contractor known to the satellite arsenic a staunch privateness advocator and whistleblower, Edward Snowden, has offered to measurement up arsenic the caller CEO of Twitter aft existent “Chief Twit” Elon Musk has said helium is stepping down. In different quality from this week, hedge money manager Michael Burry — of “The Big Short” fame — said that audits of cryptocurrency exchanges similar FTX and Binance are “meaningless.” Get caught up connected these blistery stories and overmuch much conscionable beneath successful this latest contented of the Bitcoin.com News Week successful Review.

Elon Musk Promises to Step Down arsenic  Head of Twitter — Edward Snowden Throws His Name successful  the Hat for CEO

Elon Musk Promises to Step Down arsenic Head of Twitter — Edward Snowden Throws His Name successful the Hat for CEO

Tesla CEO and Twitter main Elon Musk has promised to measurement down arsenic caput of Twitter. As the billionaire seeks a caller CEO to tally the societal media platform, privateness advocator Edward Snowden threw his sanction successful the hat, stating that helium takes outgo successful bitcoin. “The question is not uncovering a CEO, the question is uncovering a CEO who tin support Twitter alive,” Musk clarified.

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New FTX CEO Told Members of Congress SBF's Family 'Certainly Received Payments' From the Business

New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

According to aggregate reports, FTX co-founder Sam Bankman-Fried’s parents look scrutiny implicit their reported engagement with their son’s concern operations. The 2 Stanford professors Joseph Bankman and Barbara Fried person not been charged with immoderate wrongdoing, but the existent FTX CEO, John J. Ray III, precocious told members of the U.S. Congress that Joseph Bankman and “the household surely received payments” from FTX.

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'Visibly Shaking' FTX Co-Founder Hammers retired  a ‘Wasted Day’ successful  Court arsenic  Bahamian, US Legal Team Prep for Extradition

‘Visibly Shaking’ FTX Co-Founder Hammers retired a ‘Wasted Day’ successful Court arsenic Bahamian, US Legal Team Prep for Extradition

FTX co-founder Sam Bankman-Fried (SBF) had a hard time successful tribunal connected Monday according to a fig of accounts that said SBF’s section lawyer seemed to beryllium successful struggle with his U.S. ineligible team. Furthermore, courtroom reports noted that SBF dozed disconnected for an extended play of clip and had to beryllium shaken awake by an official.

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Big Short Investor Michael Burry Audits of Crypto Firms Like Binance and FTX Are 'Meaningless'

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’

Hedge money manager Michael Burry, famed for forecasting the 2008 fiscal crisis, says the occupation with auditing cryptocurrency exchanges, similar Binance and FTX, is the aforesaid arsenic erstwhile helium started utilizing a caller benignant of recognition default swap. “Our auditors were learning connected the job,” helium described, adding that it’s “not a bully thing.”

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What are your thoughts connected this past week’s hottest stories from Bitcoin.com News? Be definite to fto america cognize successful the remark conception below.

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