Welcome to the Tech Mem ride home for Tuesday, December 13th, 2022. I'm Brian McCullough.

Today, SBF is under arrest. The feds have charged him. the SEC has charged him, the CFTC has charged him.

CZ continues to try to reassure Binance users over withdrawals. I think it's time I update you on the

health I'm seeing on the Twitter platform.

And what is open source intelligence and why is the US behind in this modern type of spycraft?

Here's what you miss today in the world of Tech.

Sam Bankman Freed has been arrested in the Bahamas. He is under indictment and could be

extradited soon. sources say that federal prosecutors from the Southern District of New York have charged SBF with wire fraud, wire fraud

conspiracy, securities fraud, securities fraud conspiracy, and money laundering.

Supposedly, this indictment will be unsealed today, probably as I'm speaking these words.

Separately, the U.S. Securities and Exchange Commission has charged SBF with defrauding investors and concealing the diversion

of FTX customer funds to Alameda, while raising more than $1.8 dollars since at least May 2019 from investors.

And now, the Commodity Futures Trading Commission has also sued SBF, FTX, and Alameda

research for violations of commodities laws. This all comes as

yesterday, F. T. X. current CEO John Ray, the guy who was brought in to try and clean

things up, testified to the House of Representatives that FTX and Alameda did in fact

co-mingle customer assets. Insiders were paid more than $1 billion. FTX US was not run separately,

a lot more. The show notes of course have links to stories outlining all of this but what I

want to do actually is quote from a tweet thread from Jim Edwards from

Insider he read the entire SEC complaint this morning

and I'm just going to pull out these nuggets. These are all Edwards tweets summarizing

what is in the SEC complaint. Quote, From the Start, Bankman freed improperly diverted customer assets to his privately held

...