Elon Musk confirms he owns 0% of Twitter despite Bankman-Fried holding a $100 million stake.
Tesla CEO Elon Musk made it clear that the former CEO of bankrupt crypto exchange FTX does not have any stake inside Twitter nor is he a shareholder of any kind related to Twitter. This was followed by an article by the Bankman-Fried-backed SBF publication that Moscow had taken $100 million from a former FTX executive. In that short text, Musk invites Bankman-Fried to roll over the $100 million stake, but Elon Musk has dismissed the article as a false rumour.
Turkey Probes Former FTX CEO Sam Bankman-Fried in Fraud, Freezes Assets
The Turkish government’s Anadolu Agency has launched an investigation into cryptocurrency exchange FTX, Sam Bankman-Fried’s former CEO. According to media, authorities in Ankara have also seized assets of the platform’s founder. The investigation is being led by the country’s Financial Crimes Investigation Board, a department under the Ministry of Treasury and Finance.
Hollywood, streaming giants scramble for movie rights to FTX Saga.
A financial story based on fictional and fictitious characters follows the FTX bankruptcy as today’s streaming giants Amazon, Apple, and Netflix vie for the rights to show the FTX story. Novelist and financial journalist, Michael Lewis, is working on a book about FTX. All streaming websites want the proper rights to show and show the story of FTX, for which different efforts are being made. Mia Galuppo of The Hollywood Reporter reported that the Apple company may capture the story of Michael Lewis.
LINK Under Biggest Movers Near 2-Week High, SOL Extends Recent Gains.
Chain Link hit a 12-day high as the coin reached the $7.00 level. The move came as prices rose for a fourth session and were more than five per cent higher on Thursday. That’s when prices rose for a fourth straight session and climbed more than 5% on Thursday. Solana has also been a gainer as its prices closed higher after 10 days. The index is currently tracking at 35.96 on the charts, which is slightly below the key range of 37.00. Where the market remains volatile as traders seem to be moving away from the project and the token.
Crypto exchange Byte announces $100M fund to support institutional clients.
Bybit, the 35th largest exchange by trading volume, has announced a $100 million fund to support customers during this challenging period for the crypto industry. The recovery fund is targeting $1 billion to buy crypto assets, according to Binance CEO Changpeng, and Bybit CEO Ben Zhou said, “We’re all in this together and supporting the industry and trying all we can.” ready so that we may be able to come back.
NY Attorney General begs Congress to ban crypto in retirement accounts
New York Attorney General Letitia James has written a letter to Congress urging it to pass a law that would prevent cryptocurrency investments in retirement accounts. Their purpose is only because there are upheavals and shocking events in the crypto market which are still happening and if there is a crypto investment in retirement accounts then the investors also lose their pension which is not a big deal. That’s not true either, and he wants to repeal the current law that allows cryptocurrency investments in retirement accounts.
Sony has acquired Beyond Sports, a 3D animation company that provides experiences for the entire sports metaverse.
The acquisition of Sony Beyond Sports, the entertainment and electronics giant, which is fully capable and valuable in creating 3D animations and presenting the real world through technology, and the company can use this technology to show its services in a better and more technical way. With this purchase, the company has complete power to showcase sports matches with modern vi support and the company is now well equipped to deliver sports matches with complete technology and portfolio and with a new experience .