The new team in charge of the FTX bankruptcy have released their first interim report on the failures of control at FTX and related businesses.
It's 43 pages long, let's go through it 🧵
courtlistener.com/docket/657…
"It's also clear that my identity theft was made possible, in no small part, by the very companies and officials who were supposed to prevent it."
Often, victims are left in the dark about how the fraud occurred, but this offers a view for one case.
businessinsider.com/credit-c…
Visa says this type of skimming isn’t feasible and consumers can’t be harmed because of Visa’s Zero Liability Policy.
Source: usa.visa.com/pay-with-visa/c…
Yes, the problem is definitely the research tool and not the poor design of contactless credit card payments 🙄
BTW, @Visa says it isn’t feasible to skim cards this way (see 🧵), maybe they can educate @Amazon.
gizmodo.com/amazon-bans-flip…
Looking forward to receiving my 16 cents from the Apple class action settlement. And in case you're wondering, the attorneys walked away with $3.7 million and another $2.4 million was set aside to pay for the cost of sending me 16 cents.
DNA has unlocked an interesting family secret of Beethoven. Fascinating read, this link will let you read the NYT article for free.
nytimes.com/2023/03/22/healt…
I think the hardest thing about having your arm ripped off by a zebra in Ohio is that no one is going to believe you.
"Why is your arm jacked?"
"A zebra ripped it off"
"Ok, so don't tell me"
Even the police dispatcher asked twice.
insider.com/ohio-police-shot…
As AI tools become more advanced & accessible, fraudsters can use them to make realistic but fake content. Making or selling a tool that is effectively designed to deceive can violate the FTC Act—even if that’s not the intended or sole purpose of the tool. ftc.gov/business-guidance/bl…
In case you want to read how Ronald Regan's circle kept Americans held hostage to win the US presidency.
("no paywall" link to NYT article)
nytimes.com/2023/03/18/us/po…
I sometimes think about this piece from Techdirt in 2006 in which it claims every household in the US has already paid $2000 for a broadband fiber connection.
techdirt.com/2006/01/31/youv…
Safety by design:
Early refrigerants for "ice boxes" were highly toxic and/or flammable, and caused the deaths of many.
Thomas Midgley Jr. was tasked with finding a safer alternative. He invented Freon.
The entire NYT piece is an interesting read:
nytimes.com/2023/03/15/magaz…
“The Only One Living to Tell: The Autobiography of a Yavapai Indian” by Mike Burns.
Burns was orphaned by US army massacre and “adopted” by an army captain. He traveled with the army and later become a scout, and was first Indian to be granted US citizenship in AZ.