Host, Bloomberg's "The Big Take" | dgura@protonmail.com | "Read not the Times. Read the Eternities."
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Jul 21, 2023 • 7 tweets • 2 min read
After the @nytimes published an article about Caroline Ellison's "private writings," by @MattGoldstein26 and @yaffebellany, prosecutors have written a letter to Judge Lewis Kaplan, accusing Sam Bankman-Fried's defense team of trying "to publicly discredit a government witness."
Prosecutors say "it is apparent that documents were shared by the defendant," Bankman-Fried, with @MattGoldstein26 and @yaffebellany.
Mar 15, 2023 • 10 tweets • 3 min read
Four days before Silicon Valley Bank collapsed, FDIC Chairman Martin Gruenberg said this at an industry conference in Washington:
Text of the entire speech is available here: bit.ly/3TeRsFQ
Mar 13, 2023 • 4 tweets • 1 min read
NEW 8-K: A restructuring committee will explore potential transactions for the SVB Capital and SVB Securities businesses, and "will explore all alternatives for addressing the approximately $3 billion of funded debt held by the holding company." bit.ly/3T9tOKS
The SVB restructuring committee includes Eric Benhamou, Tom King, Kay Matthews, Mary Miller and Kate Mitchel.
Mar 12, 2023 • 7 tweets • 1 min read
INBOX: "Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13."
"Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer."
Feb 17, 2023 • 6 tweets • 2 min read
A crypto currency that landed @KimKardashian in hot water, has now gotten NBA hall of famer @paulpierce34 in trouble with the Securities and Exchange Commission.
He has been charged with violating the anti-touting and antifraud provisions of the federal securities laws.
The SEC claims Pierce, who played on the Boston Celtics for 15 seasons, talked up EMAX, a kind of crypto currency, on social media, "without disclosing the payment he received for the promotion."
According to the SEC, EthereumMax paid Pierce more than $244,000 in crypto.
Feb 16, 2023 • 4 tweets • 1 min read
Greetings from federal court, where Sam Bankman-Fried appeared before Judge Lewis Kaplan.
Prosecutors have requested new restrictions on Bankman-Fried's bail conditions, after the government says he used a VPN twice — once, the defendant claims, to watch the Super Bowl.
Judge Lewis Kaplan asked Sam Bankman-Fried's attorney, Mark S. Cohen about that.
"I wish I had sent him a TV from Best Buy," Cohen said. "There's not a TV in the house."