‘Accepting Bitcoin Payments’: Big Short Investor Says Audits Of Exchanges Like Binance And FTX Are ‘Useless’ And More: Recap Of The Week – The Weekly Bitcoin News


With the holidays and the new year coming up, former US National Security Agency contractor Edward Snowden, who is known worldwide as a strong privacy advocate, was offered the role of Twitter’s new CEO after current “Twit Chief” Elon Musk announced his retirement. In other news, hedge fund manager Michael Burry of “The Big Short” fame said that audits of cryptocurrency trading platforms such as Binance and FTX make no sense. Find out more about these stories, and many others, in this week’s Bitcoin.com News Week In Review.

Elon Musk Announces He Will Step Down As Twitter Boss: Edward Snowden Puts His Name In The Running For CEO Position

Tesla and Twitter CEO Elon Musk has declared he will step down from his role as head of the social media platform. As the billionaire searches for a new CEO, privacy advocate Edward Snowden has revealed he accepts Bitcoin payments, and has thrown his name in the hat. “The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive,” Musk clarified.

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FTX's new CEO told members of Congress that the SBF family

FTX’s New CEO Told Members Of Congress That The SBF Family “Certainly Received Payments” From The Company

A number of reports suggested that the FTX co-founders were their parents. Sam Bankman-Fried and his parents are still under investigation for their alleged involvement in his business operations. The two Stanford professors, Joseph Bankman and Barbara Fried, are currently not facing any charges. However, the FTX’s CEO John J. Ray III recently told US members of Congress that the Bankman family “certainly received payments” from the company.

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FTX co-founder 'visibly shaking' hammers a 'lost day' in court as Bahamian-US legal team prepares for extradition

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