This Week in Startups FTX & Alameda execs plead guilty, YouTube inks NFL Sunday Ticket deal + Tár review | E1645
Dec 23, 2022
Lon Harris, a contributor focusing on streaming media and technology, joins the discussion about shocking guilty pleas from FTX executives Caroline Ellison and Gary Wang. They delve into YouTube's groundbreaking $2 billion deal for NFL Sunday Ticket, exploring its implications for sports streaming and consumer habits. The conversation also wades into the artistic depths of the film 'Tár,' analyzing themes of power and regret while connecting them to broader societal issues. Tune in for insights on the changing landscape of entertainment!
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SBF's Lieutenants Flip
- Caroline Ellison and Gary Wang pleaded guilty to federal charges.
- They cooperated with the Southern District of New York, flipping on Sam Bankman-Fried.
FTT Deemed a Security
- The SEC declared FTT a security, alleging securities fraud.
- This has implications for other token projects and venture capitalists.
Token Projects Beware
- Anyone involved with tokens used to build consensus should seek legal counsel.
- The SEC's actions against FTX suggest a crackdown on unregistered securities.