Governance
Top tech news stories today: September 18, 2024
Fintech 1. US urges leniency for FTX’s Caroline Ellison, cites help against Bankman-Fried U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over her role in the exchange’s collapse, citing her help in sending FTX founder Sam Bank…
Headline
Fintech 1. US urges leniency for FTX’s Caroline Ellison, cites help against Bankman-Fried U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over her role in the exchange’s collapse, citing her help in sending…
Context
U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over her role in the exchange’s collapse, citing her help in sending FTX founder Sam Bankman-Fried to prison for 25 years. ( Yahoo Finance ) A former auditor for FTX will pay $1.95 million to settle two U.S. Securities and Exchange Commission cases, including for alleged negligence in auditing the cryptocurrency exchange Sam Bankman-Fried led before being convicted of fraud. ( Yahoo Finance )
Evidence
Pending intelligence enrichment.
Analysis
Woodside Energy expects to close its acquisition of liquefied natural gas (LNG) project developer Tellurian Inc. in October, Woodside Chief Executive Meg O’Neill said at the GasTech conference on Tuesday. ( Reuters ) Intel shares jumped almost 4% in early trading on Tuesday, as a chip-making deal with Amazon’s cloud business gave a major stamp of approval to its money-losing contract manufacturing business. ( MSN ) Google will rework from scratch its plans to build a $200 million data center in Santiago after concerns were raised about its environmental impact on the Chilean capital, the U.S. tech giant said in a statement on Tuesday. ( West Law ) The so-called Great Sea Interconnector (GSI) seeks to link the transmission networks of Greece via Crete, Cyprus and eventually Israel in a project costing 2.4 billion euros ($2.7 billion). As far as Cyprus, the cable is estimated at 1.9 billion euros. ( DeccanHerald )
Key Points
- Fintech
- 1. US urges leniency for FTX’s Caroline Ellison, cites help against Bankman-Fried
- 2. FTX auditor settles US SEC negligence case, pays fine
- IT infrastructure
- 3. Exclusive: Inside the US push to steer Vietnam’s subsea cable plans away from China
Actions
Pending intelligence enrichment.
