This is… an interesting spin.
> She has agreed to a 10-year ban from holding executive roles in public or crypto companies.
Yeah, I don’t think this will be hard for her. Anyone involved in FTX is radioactive. Whoever negotiated this for her as a concession is brilliant.
It doesn't bode well for the rest of the article.
That's the classic AI photo issue where "man looking at the moon" is a man looking at the camera with the moon behind him.
Filename: ..._simple_compose_01kdcxamjmekery2m9tay43szn.png
- "simple_compose" + LSB common (e.g ideogram) output
Resolution: 1536x1024
- Exact native output of GPT-image-1, Gemini/Imagen, Flux models
PNG encoder fingerprint: 0x78 0xDA | single IDAT | 94.7% Average filter
- Matches PIL/Pillow with optimize=True
Steganographic watermark:
- LSB entropy: 3.0/3.0 (maximum)
- Bits 0-3 of RGB channels filled with encrypted payload
- ~1.77 MB of pseudorandom data embeddedJudging by how Alemeda research was provided with as much money as they wanted with zero interest rate attached and she still ran the company into the ground, I don't think the ban will hurt her too much.
This really goes to show that most hedge funds are successful because of the infrastructure built around them rather than the people.
You need both to be successful, but good systems and infrastructure trump good people most of the time. RenTech is the best example of this.
No one is going to trust her to run a Baskin Robbins, much less put her in a role with any responsibility now.
I wish I had your optimism:
> Adam Neumann’s Flow raises over $100M at $2.5B valuation Backed by a16z, the ex-WeWork CEO's real estate platform targets global expansion. (2025)
So you can hold an executive role in a wholly owned private subsidiary of a public company, or hold a role in a Cayman Island company instead of a US company and have the Cayman entity buy the US entity. Rules like this don't actually do anything.
Who has been prosecuted for stealing $20?
> suspected that Floyd had used a counterfeit $20 bill
She’s a felon, banned “from holding executive roles in public or crypto companies,” penniless and probably fighting lawsuits for the rest of her life.
While we’re at it, Musk should also face charges for related fraudulent claims about self driving, battery tech that went nowhere, robotaxis, and other things. But he likely won’t. In general, these crimes are treated far too leniently for the rich and connected.
The title image is AI and presumably the text is AI generated, this appears to be true for everything on that website. Just 100%, everything AI generated, likely zero human oversight and fully automated.
And it even has auto translation which turns the whole page into literal nonsense, but surely looks good for SEO.
Sites like this have literally zero value for all society and shouldn't exist let alone make money for the owners.