Sam Bankman-Fried is denied bail in the Bahamas

Illustration: The Verge Sam Bankman-Fried, founder and former CEO of FTX, was denied bail on Tuesday after a Bahamian judge deemed him a flight risk, according to Reuters. An extradition hearing is scheduled for February 8th. Bankman-Fried, nicknamed “SBF,” was arrested in the Bahamas Monday evening after US prosecutors informed the Bahamas of sweeping criminal … Read more

Daily Crunch: US law enforcement charges SBF with fraud as he awaits extradition after Bahamas arrest

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello there, Crunchianistas! Today, Haje is waltzing around the house, candle in hand, celebrating Saint Lucia. Honestly, not because he’s that excited about the traditional Scandinavian celebration or the excitement about … Read more

The many lies of Sam Bankman-Fried

Turns out reading the terms of service wouldn’t have saved FTX customers. | The Verge The US government says it was fraud from the jump. The complaint made public today by the Commodity Futures Trading Commission has some hair-raising details — and if it’s right, Sam Bankman-Fried hasn’t been telling the truth for quite some … Read more

Ransomware gang caught using Microsoft-approved drivers to hack targets

Security researchers say they have evidence that threat actors affiliated with the Cuba ransomware gang used malicious hardware drivers certified by Microsoft during an recent attempted ransomware attack. Drivers — the software that allows operating systems and apps to access and communicate with hardware devices — require highly privileged access to the operating system and … Read more

Netflix is making a live-action My Hero Academia film

Image: Viz Media Netflix is making yet another live-action anime adaptation, and this time, it’s taking on My Hero Academia. In an announcement on its website, the streamer says filmmaker Shinsuke Sato (I Am a Hero, Kingdom) will serve as director, while Obi-Wan Kenobi producer Joby Harold is penning the script. My Hero Academia takes … Read more

NPR cancels its summer internship program

NPR will not host its usual throngs of summer interns this year due to financial pressures. I hope you all had a great weekend. We have a lot to dive into today, so let’s get to it: NPR cuts its summer internship program, Proof leads to justice, and SiriusXM keeps a longtime podcast in the … Read more

Apple’s new whiteboard app gives you and up to 99 friends an ‘infinite canvas’

Image: Apple It’s not every day that Apple releases a brand new app, but you’ll likely notice a new icon in your library after updating to iOS and iPadOS 16.2 or macOS 13.1. On Tuesday, Apple launched the Freeform app, which its press release describes as “an infinite canvas” for “creative brainstorming and collaboration.” In … Read more

US attorney says ‘we are not done’ charging individuals for FTX collapse

Multiple U.S. government agencies held a press conference Tuesday afternoon regarding the indictment of FTX’s former CEO, Sam Bankman-Fried. When asked whether the entities will bring charges against other individuals allegedly involved in the FTX collapse, Damian Williams, the U.S. attorney for the Southern District of New York, said during the event, “I can only … Read more