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You know that classic zombie movie scene where the everyone thinks the monster is dead, but then suddenly it’s not?He Tossed His Bitcoin, Now He Wants It BackFTX, the bankrupt crypto exchange that imploded last year, has recouped over $7.3 billion in cash and cryptocurrency assets, company attorney Andy Dietderich said in a Wednesday court hearing, according to a report from Reuters. That number is up by more than $800 million from January’s recovery stats, Dietderich added. He attributed that rise, in large part, to the…

Former crypto golden boy Sam Bankman-Fried’s calamitous time at his former exchange FTX was even more haphazard and ludicrous than previously stated. FTX’s latest bankruptcy report filed Sunday adds additional fuel to the still-smoldering questions regarding just how greedy and corrupt its former executives were before the crypto exchange eventually collapsed. Lower Drought Conditions In California | Extreme EarthThe 43-page document shares that there’s a lot of problems trying to get millions of former FTX customers and…

Brantley Bush couldn't shake the fear that he was about to be ripped off.It was a chilly Saturday evening, and Bush, a delivery driver for Uber Eats, was waiting in an alley next to a dumpster in the Pacific Palisades neighborhood - a decidedly unpretentious spot in the middle of an affluent enclave near Santa Monica.He had just snagged an order from a nearby high-end sushi restaurant, for three separate deliveries, giving him a chance for a hefty tip. The first delivery was to a two-story house with a manicured lawn and…

After nearly a decade of courtroom arguments and appeals, one California man is finally emerging victorious in a protracted legal fight against Grubhub.Robinhood App Lays Off 9% of StaffRaef Lawson, a former Grubhub driver and aspiring actor/comedian/writer, has won his case against the company. His complaint, first filed in 2015, is now settled. And for all those years of hearings, filings, and briefings Lawson’s triumph has netted him an astounding...$65 payout. More important than the financial outcome here, though, is…

Former CEO of failed crypto exchange FTX Sam Bankman-Fried was already ordered to live every millennial’s nightmare and move back in with his parents. Now, prosecutors have laid out how SBF is being grounded, curtailing his ability to access the internet or even play any online video games.Is This the End of Apple’s Lightning Cable?Bankman-Fried, who commonly goes by “SBF” online, is awaiting trial regarding 12 fraud, conspiracy, and campaign finance charges regarding his time heading the now-bankrupt FTX. According to…

A judge in Centennial ordered DoorDash to hand over millions of documents to a Denver man who was seriously injured in a crash with one of its drivers — a demand that the delivery service calls “draconian” and estimates will cost it $159 million and millions of employee hours. Now the state supreme court is considering whether to overturn the judge’s order. Winthrop Elliott, of Five Points, was riding his motorcycle at 9th and Ogden around 7 p.m. on Aug. 27, 2021, when he was hit by a vehicle that had ignored a stop sign,…

FTX, the defunct cryptocurrency exchange, is finally being forced to publicly detail its spending habits in the company’s ongoing Chapter 11 bankruptcy proceedings. And the resulting documents are illuminating.The crypto exchange, founded and formerly owned by fallen blockchain golden boy, Sam Bankman-Fried, spent hundreds of thousands of dollars on extraneous food and fun purchases over the course of just a couple of months—presumably for employees. Previously unsealed court filings have shown that the debtors owed by…

DoorDash Inc. is working to step up its analytics and ability to forecast the slowing economy’s effect on future earnings, in a move to expand the business and improve the efficiency of its divisions. Food-delivery companies are grappling with soaring inflation that is weighing on consumers’ spending power and experiencing slower growth than during the pandemic. San Francisco-based DoorDash in February said its net loss widened to $1.37 billion in 2022 from $468 million a year earlier, in…

The FTX creditor list also named the Miami-based Basketball Properties LTD as a creditor. FTX bought the rights to the home of the Miami Heat’s home arena for $135 million in 2021. The Miami-Dade County government has since terminated that 19-year contract.Photo: Joe Raedle (Getty Images)The ongoing Chapter 11 bankruptcy of FTX is still trying to claw back the billions of dollars needed to make customers and investors whole. One problem with this lofty goal is the nearly 10 million FTX customers who still had funds on the…

DoorDash and Starbucks plan to expand their delivery partnership to all 50 US states by March this year, the companies . Following a pilot that began last year in Atlanta, Houston and Sacramento (and later expanded to Seattle, Portland and New York City), people in North California, Texas, Georgia and Florida can now turn to DoorDash when they want a Starbucks coffee delivered to them. According to Starbucks, it will offer 95 percent of the items found on in-store menus through DoorDash. You can also customize your order…