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TechCrunch Daily Crunch

Sam Bankman-Fried says he didn’t defraud FTX customers or take their funds

TechCrunch Daily Crunch

SpokenLayer

Tech News, Technology, News

438 Ratings

🗓️ 28 October 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Apple fixes bug that undermined iOS privacy feature for years, a year after Musk’s takeover X says an average user spends 32 minutes a day on the platform, and Sam Bankman-Fried says he didn’t defraud FTX customers or take their funds. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:21.6

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0:25.5

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0:35.7

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0:41.0

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0:44.9

station dot com code tech news. Here's your daily crunch coming up Sam

0:50.6

bankman freed says he didn't def fraud FTX customers or take their funds.

0:55.0

But first, Apple fixes bug that undermined iOS privacy feature for years.

1:00.0

Apple has fixed a years-old vulnerability in its iPhone and iPad software that undermined a privacy

1:06.1

feature since it first debuted.

1:08.1

Back in 2020, Apple announced a new feature in iOS 14 that would prevent nearby wireless routers and access

1:15.0

points from gathering an Apple device's unique Mac address. Tracking

1:19.3

Mac addresses can have legitimate uses like allowing administrators to identify every device connected to their networks such as unauthorized devices.

1:28.0

But knowing a device's Mac address can be used for tracking that device across different networks.

1:34.0

Rather than sharing the device's unique Mac address,

1:37.0

the iOS feature would use a different private address for each network.

1:41.0

But it turns out that this feature hasn't worked as intended since it was first introduced,

1:46.1

according to security researchers Tommy Misk and Talal Hodge Bakkeri, who discovered a flaw that prevented the privacy future from properly working.

1:55.4

In a video published this week, Misk explained that while iOS has replaced the device's

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