FTX Owes Money To More Than a Million People, Court Filing Suggests

The embattled and now bankrupt cryptocurrency exchange FTX may owe more than a million people money, according to a Tuesday court filing (PDF). Motherboard reports: “The events that have befallen FTX over the past week are unprecedented. Barely more than a week ago, FTX, led by its co-founder Sam Bankman-Fried, was regarded as one of the most respected and innovative companies in the crypto industry,” the filing notes. “FTX faced a severe liquidity crisis that necessitated the filing of these [bankruptcy] cases on an emergency basis last Friday. Questions arose about Mr. Bankman-Fried’s leadership and the handling of FTX’s complex array of assets and businesses under his direction.”

The filing goes on to state that, originally, it was thought that there were “over one hundred thousand creditors in these Chapter 11 Cases.” It then states that, “in fact, there could be more than one million creditors,” meaning that FTX could owe money to more than a million people, the vast majority of whom are customers and former customers. The filing is an attempt to consolidate and simplify the bankruptcy process; as noted in an earlier filing, FTX operated a highly complex corporate structure with dozens of companies, each of which filed for bankruptcy separately last week. The fate of customers’ money is still up-in-the-air as FTX halted withdrawals last week. According to the Wall Street Journal, FTX founder Sam Bankman-Fried thinks he can raise enough money to make users whole. “Mr. Bankman-Fried, alongside a few remaining employees, spent the past weekend calling around in search of commitments from investors to plug a shortfall of up to $8 billion in the hopes of repaying FTX’s customers,” WSJ reports. “The efforts to cover that shortfall have so far been unsuccessful.”

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Xbox Transparency Report Reveals Up To 4.78 Million Accounts Were Proactively Suspended In Just Six Months

Microsoft has released its first Digital Transparency Report for the Xbox gaming platform, revealing that the company took proactive action against throwaway accounts that violated its community guidelines 4.78 million times within a six-month period, usually in the form of temporary suspension. The Verge reports: The report, which provides information regarding content moderation and player safety, covers the period between January 1st and June 30th this year. It includes a range of information, including the number of reports submitted by players and breakdowns of various “proactive enforcements” (i.e., temporary account suspensions) taken by the Xbox team. Microsoft says the report forms part of its commitment to online safety. The data reveals that “proactive enforcements” by Microsoft increased almost tenfold since the last reporting period and that 4.33 million of the 4.78 million total enforcements concerned accounts that had been tampered with or used suspiciously outside of the Xbox platform guidelines. These unauthorized accounts can impact players in a variety of ways, from enabling cheating to spreading spam and artificially inflating friend / follower numbers.

A further breakdown of the data reveals 199,000 proactive enforcements taken by Xbox involving adult sexual content, 87,000 for fraud, and 54,000 for harassment or bullying. The report also claims that 100 percent of all actions in the last six-month period relating to account tampering, piracy, and phishing were taken proactively by Xbox rather than via reports made by its player base, which suggests that either fewer issues are being reported by players or the issues themselves are being addressed before players are aware of them. As proactive action has increased, the report also reveals that reports made by players have decreased significantly despite a growing player base, noting a 36 percent decline in player reports compared to the same period in 2021. A total of 33.07 million reports were made by players during the last period, with the vast majority relating to either in-game conduct (such as cheating, teamkilling, or intentionally throwing a match) or communications.

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Crypto Meltdown Continues, Next Up: BlockFi

Long-time Slashdot reader kid_wonder writes: BlockFi, a crypto exchange, had suspended withdrawals on Friday and now appears to be having serious issues directly related to the FTX meltdown. In an email to customers this morning they said: “The rumors that a majority of BlockFi assets are custodied at FTX are false. That said, we do have significant exposure to FTX and associated corporate entities that encompasses obligations owed to us by Alameda, assets held at FTX.com, and undrawn amounts from our credit line with FTX US. While we will continue to work on recovering all obligations owed to BlockFi, we expect that the recovery of the obligations owed to us by FTX will be delayed as FTX works through the bankruptcy process.

At this time, withdrawals from BlockFi continue to be paused. We also continue to ask clients not to submit any deposits to BlockFi Wallet or Interest Accounts.” Reuters has a list of some firms who have given information about their exposure to FTX.

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A New Website Backed By Al Gore Tracks Big Polluters By Name

A new global tracker created by the nonprofit Climate Trace is helping to make clear exactly where major greenhouse gas emissions are originating. According to NPR, the interactive map “uses a combination of satellites, sensors and machine learning to measure the top polluters worldwide.” From the report: It observes how much greenhouse gases — carbon dioxide, methane and nitrous oxide — are being emitted at specific locations, such as power plants and oil refineries. Former Vice President Al Gore, who is a founding member of the initiative, said it is meant to serve as a more reliable and accurate alternative to companies self-reporting their emissions estimates. “Cheating is impossible with this artificial intelligence method, because they would have to somehow falsify multiple sets of data,” he told NPR’s Michel Martin on All Things Considered.

The emissions tool employs over 300 satellites; sensors on land, planes and ships; as well as artificial intelligence to build models of emission estimates. Right now, it tracks about 72,000 of the highest emitting greenhouse gas sources. That includes every power plant, large ship and large plane in the entire world, Gore said. And that’s just the beginning. By next year, Gore hopes to be tracking millions of major emitting sites. “We will have essentially all of them,” he said. Gore said 75% of the world’s greenhouse emissions come from countries that have made pledges to become carbon-neutral by 2050. “Now that they know exactly where it’s coming from, they have tools that will enable them to reduce their emissions,” he told NPR.

He added that the database, which is free and accessible online, can help inform countries about how much pollution is being emitted by the companies they are working with or considering working with. It is not enough for companies to self-report, he said. For instance, Climate Trace found that the oil and gas industry has been significantly underreporting its emissions. That doesn’t mean companies were intentionally cheating, Gore added. However, he said underreporting prevents governments and the public from staying on track with their net-zero pledge. Six regional governments in Mexico, Europe and Africa have already entered into working agreements for using the tool, Gore said.

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Seagate Announces Dual-Actuator MACH.2 Drive – and Star Wars, Black Panther Themed Drives

An anonymous reader writes that Seagate Technology has launched its second generation dual actuator MACH.2 series hard drives. “Computing power, storage capacities, and storage performance: all must continue moving forward in order for technology innovators to solve humanity’s greatest challenges,” boasts Seagate’s page for the drives:

MACH.2 is the world’s first multi-actuator hard drive technology, containing two independent actuators that transfer data concurrently. MACH.2 solves the need for increased performance by enabling parallelism of data flows in and out of a single hard drive. By allowing the data center host computer to request and receive data from two areas of the drive simultaneously, MACH.2 doubles the IOPS performance of each individual hard drive…. MACH.2 provides up to 2x performance — with two independent actuators and data paths, it enables concurrent I/O streams to and from the host.
Seagate claims it offers “optimal latency” by improving sequential peformance to double data transfer rates over single-actuator drives.
And in other news, Seagate is selling hard drives with commemorative Star Wars themes, including the Mandalorian drive, the Grogu drive, and the Boba Fett drive. (It’s in addition to Seagate’s officially licensed external drive for God of War Ragnarök — optimised for PS4 and PS5, delivering “the ability to play PS4 games directly from the drive.”) Seagate also made drives commemorating Marvel’s Avengers and Spider-Man, and now has new drives for Marvel’s Black Panther: Wakanda Forever .

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Douglas Adams was Right. Science Journal Proves 42 Is the Address of the Universe

Slashdot reader Informativity writes: First published in Jan. ’21, a new publication entitled Measurement Quantization affirms the #42 is the address of our universe (Appx. AC), a distinguishing feature of our construct that ultimately answers the question to life, the universe and everything – from a physicist’s point-of-view. Importantly, the International Journal of Geometric Methods in Modern Physics – is a top-tier journal indexed to NASA’s Astronomical Data System (ADS), the after peer review version of arXiv.org. With just over 500 equations, the paper resolves a comprehensive physical description of dark energy, dark matter, discrete gravity, and unification. Resolving over 30 outstanding problems in modern physics, the paper derives the physical constants from first principles, demonstrates the physical significance of Planck’s units, resolves discrete versions of SR and GR, derives the equivalence principle, presents a parameter free description of early universe events, discovers a new form of length contraction not related to Einstein’s relativity and identifies the discrete state of our universe – 42. Forty-two is what defines our universe from any other version of a universe. It also determines the rate of expansion and the ground state orbital of an atom, thus reducing the number of stable universes as we understand them to just a few. So, while Douglas Adams may have just been randomly picking numbers when writing Hitchhiker’s Guide to the Galaxy, perhaps we also live in a universe that likes to humor itself.

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Survey of 26K Developers Finds Java, Python, Kotlin, and Rust Growing Rapidly

While the popularity of jQuery is decreasing, React.JS “is currently the most widely used client-side framework,” reports ZDNet, citing SlashData’s 23rd State of the Developer Nation report (compiled from more than 26,000 developers last summer from 163 countries).

ZDNet believe it shows developers “experimenting less and sticking with what they know and what works.”

JavaScript remains the largest programming language community, SlashData found. According to its research, there are an estimated 19.6 million developers worldwide using JavaScript every day in everything from web development and mobile apps to backend coding, cloud and game design. Java, meanwhile, is growing rapidly. In the last two years, the size of the Java community has more than doubled from 8.3 million to 16.5 million, SlashData found. For perspective, the global developer population grew about half as fast over the same period….

Python also continued to grow strongly, adding about eight million new developers over the last two years, according to SlashData. It accredited the rise of data science and machine learning as “a clear factor in Python’s growing popularity”. Approximately 63% of machine-learning developers and data scientists report using Python, whereas less than 15% use R, another programming language often associated with data science.

Both the Kotlin and Rust communities doubled in size in the past two years, the article points out. But according to the survey, only 9% of developers were involved in blockchain technologies.

Yet 27% of respondents reported they were learning about (if not currently working on) cryptocurrency-based projects. ZDNet summarizes the findings:

Of the three blockchain technologies covered in the report, non-fungible tokens (NFTs) were found to be of least interest to developers: 58% showed “no interest” in NFTs, which SlashData said was “likely due to its perception as a novelty”.

The report found that one-quarter (25%) of developers currently work on, or are learning about, blockchain applications other than cryptocurrencies.

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Prosecutors Seek 15-Year Prison Sentence for Theranos’ Elizabeth Homes, $800M Restitution

“Federal prosecutors are asking a judge to sentence Elizabeth Holmes to 15 years in prison,” reports the Guardian, “and require the Theranos founder to pay $800m in restitution, according to court documents filed on Friday.”

A jury found Holmes guilty in January of four counts of investor fraud and conspiracy. Her sentencing is scheduled for 18 November, and she faces a maximum 20 years in prison. Prosecutors argued that “considering the extensiveness of Holmes’s fraud”, their recommended sentencing would “reflect the seriousness of the offenses, provide for just punishment for the offenses, and deter Holmes and others”.

Holmes’s lawyer argued in documents filed on Thursday that the ex-Theranos boss should not be sentenced to prison at all and, at most, should receive 18 months of house arrest. The court filings argued that Holmes had been made a “caricature to be mocked and vilified” by the media over the years, though she is a caring mother and friend.

“Ms Holmes is no danger to the public,” Holmes’s lawyer said in the court documents. “She has no criminal history, has a perfect pretrial services compliance record, and is described by the people who know her repeatedly as a gentle and loving person who tries to do the right thing.”

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Aaron Swartz Day Commemorated With International Hackathon

Long-time Slashdot reader destinyland shares this announcement from the EFF’s DeepLinks blog:

This weekend, EFF is celebrating the life and work of programmer, activist, and entrepreneur Aaron Swartz by participating in the 2022 Aaron Swartz Day and Hackathon. This year, the event will be held in person at the Internet Archive in San Francisco on Nov. 12 and Nov. 13. It will also be livestreamed; links to the livestream will be posted each morning.

Those interested in attending in-person or remotely can register for the event here.

Aaron Swartz was a digital rights champion who believed deeply in keeping the internet open. His life was cut short in 2013, after federal prosecutors charged him under the Computer Fraud and Abuse Act (CFAA) for systematically downloading academic journal articles from the online database JSTOR. Facing the prospect of a long and unjust sentence, Aaron died by suicide at the age of 26….

Those interested in working on projects in Aaron’s honor can also contribute to the annual hackathon, which this year includes several projects: SecureDrop, Bad Apple, the Disability Technology Project (Sat. only), and EFF’s own Atlas of Surveillance. In addition to the hackathon in San Francisco, there will also be concurrent hackathons in Ecuador, Argentina, and Brazil. For more information on the hackathon and for a full list of speakers, check out the official page for the 2022 Aaron Swartz Day and Hackathon.
Speakers this year include Chelsea Manning and Cory Doctorow, as well as Internet Archive founder Brewster Kahle, EFF executive director Cindy Cohn, and Creative Commons co-founder Lisa Rein.

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How Close Was America’s FBI to Deploying Pegasus Spyware?

In a statement in February, America’s Federal Bureau of Investigation “confirmed that it obtained NSO Group’s powerful Pegasus spyware” back in 2019, reported the Guardian. At the time the FBI added that “There was no operational use in support of any investigation, the FBI procured a limited licence for product testing and evaluation only.”

“But dozens of internal F.B.I. documents and court records tell a different story,” the New York Times reported today:
The documents, produced in response to a Freedom of Information Act lawsuit brought by The New York Times against the bureau, show that F.B.I. officials made a push in late 2020 and the first half of 2021 to deploy the hacking tools — made by the Israeli spyware firm NSO — in its own criminal investigations. The officials developed advanced plans to brief the bureau’s leadership, and drew up guidelines for federal prosecutors about how the F.B.I.’s use of hacking tools would need to be disclosed during criminal proceedings. It is unclear how the bureau was contemplating using Pegasus, and whether it was considering hacking the phones of American citizens, foreigners or both. In January, The Times revealed that F.B.I. officials had also tested the NSO tool Phantom, a version of Pegasus capable of hacking phones with U.S. numbers.

The F.B.I. eventually decided not to deploy Pegasus in criminal investigations in July 2021, amid a flurry of stories about how the hacking tool had been abused by governments across the globe. But the documents offer a glimpse at how the U.S. government — over two presidential administrations — wrestled with the promise and peril of a powerful cyberweapon. And, despite the F.B.I. decision not to use Pegasus, court documents indicate the bureau remains interested in potentially using spyware in future investigations. “Just because the F.B.I. ultimately decided not to deploy the tool in support of criminal investigations does not mean it would not test, evaluate and potentially deploy other similar tools for gaining access to encrypted communications used by criminals,” stated a legal brief submitted on behalf of the F.B.I. late last month….

The specifics of why the bureau chose not to use Pegasus remain a mystery, but American officials have said that it was in large part because of mounting negative publicity about how the tool had been used by governments around the world.

The Times also notes two responses to their latest report. U.S. Senator Ron Wyden complained the FBI’s earlier testimony about Pegasus was incomplete and misleading, and that the agency “owes Americans a clear explanation as to whether the future operational use of NSO tools is still on the table.”

But an F.B.I. spokeswoman said “the director’s testimony was accurate when given and remains true today — there has been no operational use of the NSO product to support any FBI investigation.”

Thanks to long-time Slashdot reader crazyvas for suggesting the story.

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