(((tedfrank)))

@tedfrank ↗

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Last Checked Nov. 21, 2022

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Fri Nov 11 22:19:53 +0000 2022

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(((tedfrank))) @tedfrank

@AliceFromQueens They’ve done that and there’s an injunction as part of a consent decree. That required certain certified reports within 14 days of a change of control, and, well, the FTC won’t be pleased that that hasn’t happened. Haven’t checked enforcement mechanisms, but fines could be huge. — PolitiTweet.org

Posted Nov. 11, 2022

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(((tedfrank))) @tedfrank

This unsourced story claims that Tom & Gisele put $600 million of their own money into FTX, which seems… implausible? Can’t imagine their financial advisor didn’t tell them to diversify. https://t.co/knXsLmkFtX — PolitiTweet.org

Posted Nov. 11, 2022

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(((tedfrank))) @tedfrank

@AliceFromQueens Analogous case with a Facebook violation of a consent decree, the fine was $5 billion. FTC is on a losing streak lately. Think they won’t want Musk’s hide? https://t.co/JwAmtK2vGD Musk can sell some more Tesla stock and pay the next $5B fine to keep Twitter afloat, but will he? — PolitiTweet.org

Posted Nov. 11, 2022 Deleted after 5 days