Ryan Salame (former CEO of the Bahamian portion of FTX) has submitted his sentencing memo. He's asked for no more than 18 months imprisonment for his charges.
He was charged with conspiracy to operate an unlicensed money transmitting business and conspiracy to make unlawful political contributions and defraud the Federal Election Commission.
He argues that he was not substantially involved in the wrongdoing at FTX and instead lays much of the blame on others (mainly Bankman-Fried and Dan Friedberg).
“Crypto researcher Molly White skewered [Chris Dixon’s Read Write Own] with the delight of Pete Wellsafter downing an Almond Joy cocktail at Guy Fieri’s Flavortown.”
“Dixon tells me that White is ‘a professional anti-crypto person.’ ”
finally made an "AI" category for Web3 is Going Just Great to capture all the disasters pertaining to AI-powered cryptocurrencies and cryptocurrency-powered AI
The components sourced from an intern fixing ChatGPT’s output just enough for it to run and the exhaustively tested ones from a senior developer are equivalent in the eyes of management. And one is much, much cheaper than the other.
If you’re unlucky enough to have to use any of this garbage we’re shipping and calling ‘software’, now you know why it all feels a bit shit. If you work as a software developer, it means employers will continue to emphasise frameworks over functionality because that makes you easier to replace. They will sacrifice software security to make your job easier to outsource. They will let their own businesses suffer by shipping substandard software because they believe they can recoup those losses at your expense. This is what unions were made for