Techmeme Ride Home Wed. 09/25 – Caroline Ellison Sentenced
Sep 25, 2024
Caroline Ellison is sentenced to two years in prison, shedding light on the FTX scandal. A shocking report reveals U.S. companies have unknowingly hired North Korean IT workers, raising cybersecurity alarms. Trademark disputes in the WordPress community heat up, along with a lawsuit against Visa for anti-competitive practices. The debate heats over OpenAI's use of copyrighted materials for AI training. Marques Brownlee faces criticism for his new wallpaper app, sparking discussions on subscription costs and user privacy.
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Ellison's Cooperation
- Caroline Ellison, SBF's ex-girlfriend and Alameda Research CEO, received a lenient sentence for cooperating in the FTX case.
- She provided crucial testimony against SBF, leading to his 25-year sentence, while she got two years.
North Korean IT Workers
- Fortune 100 companies have unknowingly hired North Korean IT workers through elaborate schemes.
- These workers, often based in China or Russia, gain access to sensitive systems, posing security risks.
Visa's Monopoly
- The Department of Justice sued Visa for allegedly monopolizing debit networks.
- Visa's exclusionary agreements and attempts to suppress competitors like PayPal and Square are under scrutiny.