A stunning revelation from a former FTX creditor committee member has rocked the cryptocurrency world, alleging that potential billion-dollar rescue bids for the bankrupt exchange were deliberately blocked. These shocking claims suggest creditors may have lost out on massive recovery opportunities due to legal interference. What Did the FTX Creditor Actually Reveal? Arush, a former member of the FTX Unsecured Creditors Committee, dropped a bombshell on social media platform X. He stated that three major companies actively sought to bid for FTX’s assets but faced obstruction from the exchange’s bankruptcy law firm. This FTX creditor’s testimony contradicts official narratives about the bankruptcy proceedings. The alleged interested bidders included: Bullish a major cryptocurrency exchange Figure a blockchain lending platform One unnamed centralized exchange How Could This Have Changed Creditor Recovery? The blocked bids weren’t just ordinary offers. According to the FTX creditor, these proposals involved equity structures that could have added tens of billions of dollars to creditor repayments. This represents far more value than simple cash settlements. The consortium bid organized by the creditors committee envisioned an FTX 2. 0 relaunch. This approach could have preserved enterprise value rather than liquidating assets piecemeal. Every FTX creditor potentially stood to benefit significantly from this alternative path. Why Would Anyone Block Better Deals? The former FTX creditor made serious allegations about motivations. He claimed the law firm obstructed these superior deals to force a liquidation process that would generate higher legal fees. This accusation strikes at the heart of bankruptcy ethics and creditor protection. Moreover, the FTX creditor called recent statements from FTX’s lawyers who claimed there were no interested buyers a blatant lie. The sharing of this post by FTX founder Sam Bankman-Fried adds another layer of complexity to these already serious allegations. What Does This Mean for Future Crypto Bankruptcies? These revelations from a former FTX creditor could set important precedents for how cryptocurrency bankruptcies are handled. The case highlights the critical need for transparency in creditor committees and legal representation. The situation raises crucial questions about: Creditor committee oversight mechanisms Legal fee structures in complex bankruptcies Bid evaluation processes for distressed crypto assets Protections for the average FTX creditor What’s Next for the FTX Creditor Community? The allegations from this courageous FTX creditor have ignited discussions about potential legal challenges to the current bankruptcy process. Creditors may explore options to investigate the blocked bids further and potentially recover lost value. This situation serves as a stark reminder that in complex bankruptcies, the interests of legal professionals don’t always align with those of the people they’re supposed to serve the creditors themselves. Frequently Asked Questions Who is the FTX creditor making these allegations? The whistleblower is Arush, a former member of the FTX Unsecured Creditors Committee who had inside knowledge of the bankruptcy proceedings and potential acquisition offers. Which companies were allegedly blocked from bidding? According to the allegations, Bullish (crypto exchange), Figure (blockchain lending platform), and one unnamed centralized exchange were prevented from submitting formal bids. How much value might creditors have lost? The equity-based proposals could have added tens of billions of dollars to creditor recoveries compared to liquidation values, representing potentially massive losses for each FTX creditor. Why would a law firm block better deals? The allegation suggests the law firm preferred liquidation because it would generate higher legal fees through extended bankruptcy proceedings rather than a quick sale. Has FTX’s legal team responded to these claims? As of now, FTX’s bankruptcy lawyers maintain their position that there were no serious interested buyers, directly contradicting the FTX creditor’s allegations. What can creditors do about this situation? Creditors can potentially petition the bankruptcy court to investigate these allegations and consider challenging the legal team’s actions and fee structures. Did this investigation into FTX creditor allegations surprise you? Share this explosive revelation with others in the crypto community who need to understand the importance of transparency in bankruptcy proceedings. Your shares help ensure these critical issues receive the attention they deserve. To learn more about the latest cryptocurrency regulatory developments, explore our article on key developments shaping cryptocurrency regulatory frameworks and institutional adoption.
https://bitcoinethereumnews.com/tech/shocking-ftx-creditor-allegations-reveal-blocked-billion-dollar-rescue-bids/
Category Archives: general
Alger Concentrated Equity ETF Q3 2025 Portfolio Update
Nov. 19, 2025 8: 19 AM ETNBIS, NVDA, ALAB, NFLX, GFL, TWLO Fred Alger Management 44 Follower s Comments Summary The Alger Concentrated Equity ETF outperformed the Russell 1000 Growth Index during the third quarter of 2025. NVIDIA Corporation is a privately held $27. 4 billion growth equity investment manager. Alger is a pioneer of actively managed, growth equity investing. Their journey over the past six decades has been defined by navigating change, embracing disruption, and investing in innovation. For inquiries or communication, please use Fred Alger Management’s official channels. Comments Recommended For You.
https://seekingalpha.com/article/4845534-alger-concentrated-equity-etf-q3-2025-portfolio-update?source=feed_all_articles
Your Two Cents for November 19
From Two Cents: “I don’t recall a time when the Supreme Court was ever at the beck and call of any previous President to get his way.”.
https://rapidcityjournal.com/opinion/letters/article_b1d458fe-de6c-4324-a1af-97a7b5688696.html
Squid Game US series from Fight Club director David Fincher looks to still be happening at Netflix, with potential plot and filming details unveiled
After months of silence, it looks like David Fincher’s US Squid Game series is still going ahead at Netflix, and cameras are set to start rolling very soon. The upcoming series has been listed on the Film and Television Industry Alliance website, titled Squid Game: America. According to the site, the show is set to start filming on February 26, 2026, in Los Angeles, California. Original Squid Game producer Kim Ji-yeon and director Hwang Dong-hyuk are listed as producers on Squid Game: America, alongside David Fincher, Zeus Zamani, and Rhett Giles. Dennis Kelly is down to pen the script. Cate Blanchett is the only cast member listed at this time. The listing also features a new project description, which reads, “A US version of the Korean hit series, the spinoff is set in the same world but we get to see how the games are handled in America.” This is not a huge surprise, as we knew the series would be set in the same world as the original series, but in America. But it’s interesting that the games will still be played after what happened at the end of Squid Game season 3. The original Squid Game series ended with main character Gi-hun sacrificing himself so that Player 222’s baby could win. Afterwards, Front Man escapes with the baby before blowing up the island where the games are held. However, the finale then skips forward several months. Front Man is driving through LA when he spots a recruiter played by Blanchett in an alleyway, playing ddakji with another person. The recruiter and Front Man share a look, and the series comes to a close there. The divisive ending left viewers feeling confused. However, there is no doubt that it set up the spin-off. But it is not clear whether the American version will fully mimic the original series. Are we going to watch another round of games play out until one person dismantles the twisted system? With Squid Game being the most popular TV show ever on Netflix, it is clear why the streamer would want to build on the franchise. We just hope the spin-off switches things up a bit. As for Fincher, the Gone Girl and Fight Club director was linked to the project in 2024, with the filmmaker rumored to direct the series. No other cast members have been announced at this time. Although with Front Man in LA at the end of Squid Game season 3, we wonder if Lee Byung-hun will appear in the new show.
https://www.gamesradar.com/entertainment/drama-shows/squid-game-us-series-from-fight-club-director-david-fincher-looks-to-still-be-happening-at-netflix-with-potential-plot-and-filming-details-unveiled/
Larry Summers resigns from OpenAI board after release of emails with Epstein
Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board at OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein. Summers had announced Monday that he would be stepping back from all public commitments, but it was not immediately clear whether that included his position at the artificial intelligence startup. “I am grateful for the opportunity to have served, excited about the potential of the company, and look forward to following their progress,” Summers said in a statement to CNBC. OpenAI’s board told CNBC it respects Summers’ decision to resign. “We appreciate his many contributions and the perspective he brought to the Board,” the OpenAI Board of Directors said in a statement. Details of Summers’ correspondence with Epstein were made public after the House Oversight and Government Reform Committee released more than 20, 000 documents it obtained pursuant to a subpoena from Epstein’s estate.
https://www.cnbc.com/2025/11/19/larry-summers-epstein-openai.html
Will David Pastrnak Score a Goal vs. the Anaheim Ducks on November 19?
Is David Pastrnak going to score a goal when his Boston Bruins play the Anaheim Ducks on Wednesday? The puck drops at 10:00 PM ET — we can help you make the best bet via the stats and trends available here. David Pastrnak Anytime Goal Odds vs. the Ducks Anytime Goal Odds: +110 (Bet $10 to win $11.00 if he scores a goal) Pastrnak Goals Betting Stats Out of two opportunities, Pastrnak has exceeded his points prop bet in one game he’s played with a set points prop. Through 21 games, Pastrnak has 26 points, including nine multi-point contests. Pastrnak has scored in nine of 21 games this season, including multiple goals in a game twice. Pastrnak’s 11 goals this season have come via 72 shots (15.3% conversion percentage). In one game against the Ducks this season, he has scored one goal on five shots. He has taken 23 shots on the power play, resulting in five goals. Pastrnak Recent Performance Date Opponent Home/Away Result Points Goals Time On Ice 11/17/2025 Hurricanes Home L 3-1 0 0 20:06 11/15/2025 Canadiens Away W 3-2 2 0 20:15 11/13/2025 Senators Away L 5-3 2 1 20:05 11/11/2025 Maple Leafs Home W 5-3 3 2 23:45 11/8/2025 Maple Leafs Away W 5-3 1 1 18:27 11/6/2025 Senators Home W 3-2 OT 0 0 22:53 11/4/2025 Islanders Away W 4-3 SO 1 0 20:54 11/1/2025 Hurricanes Home W 2-1 0 0 16:37 10/30/2025 Sabres Home W 4-3 OT 2 1 20:17 10/28/2025 Islanders Home W 5-2 2 1 16:59 Boston Bruins vs. Anaheim Ducks Game Info Game Day: Wednesday, November 19, 2025 Game Time: 10:00 PM ET TV Channel: ESPN+ Watch the NHL on Fubo!
https://www.bleachernation.com/picks/2025/11/19/will-david-pastrnak-score-a-goal-vs-the-anaheim-ducks-on-november-19/
16-Year-Old Suffered Suspected Seizure and Cardiac Arrest Before Tragic Death at Theme Park, Coroner Says
A 16-year-old boy suffered a suspected seizure and cardiac arrest before his tragic death at a theme park in Wales, according to the coroner. Taha Soomro, from Grangetown in Cardiff, died at Barry Island Pleasure Park on May 23 of this year, per a previous South Wales Police news release. “Police were called just before 5 p. m. [local time on Friday, May 23] with a report of a 16-year-old teenage boy suffering a medical episode,” an initial police news release stated, adding, “Despite efforts of emergency services, Taha died at the scene.” According to an inquest opening at the coroner’s court in Pontypridd on Tuesday, Nov. 18, details of the teenager’s “medical episode” at the park were discussed, per the BBC. A post-mortem examination was inconclusive after being conducted at Cardiff’s University Hospital of Wales, the outlet stated. A court usher and admin assistant for the Coroner’s Office in Pontypridd confirmed to PEOPLE that a coroner had told the court on Tuesday that Soomro suffered a suspected seizure and cardiac arrest at Barry Island Pleasure Park on May 23, and that his death remains “unascertained.” However, they said they were “unable to provide further information regarding this matter” at this time. The case has now been adjourned, the court usher and admin assistant also confirmed. “Once a case is opened for an Inquest, it is common practice to adjourn the matter to acquire all the relevant evidence to assist the Coroner in making a determination of fact at a future date,” they told PEOPLE in an email. South Wales Police had previously responded on May 23 after receiving reports that Soomro was in an apparent cardiac arrest at the park, with initial reports suggesting he was believed to be having a seizure and cardiac arrest, per Wales Online. Coroner Graeme Hughes said during Tuesday’s inquest opening, “I have heard evidence this morning touching on the death of Taha Ali Soomro. On the information I have heard it’s necessary to open an inquest,” according to the outlet. An inquest date is yet to be fixed, Wales Online reported. According to the previous police release, a 15-year-old boy was previously arrested on suspicion of assault, but an update on May 25 stated he was out on bail pending further enquiries. Never miss a story sign up for PEOPLE’s free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Barry Island Pleasure Park said in a statement following Soomro’s death that staff “did their best to assist the emergency services but, unfortunately, the boy suffered a medical emergency and could not be saved,” per the BBC.
https://people.com/teenager-suffered-seizure-cardiac-arrest-tragic-death-theme-park-coroner-11852436
The Decisions You Don’t Know You’re Making: QCon Keynote Explores Hidden Choices in Engineering
Engineering teams make their most consequential decisions not in architecture reviews or sprint planning, but through invisible choices embedded in metrics, defaults, and everyday behaviors. In their QCon San Francisco 2025 keynote, Shawna Martell and Dan Fike challenged the industry’s focus on documented decision-making while the decisions that truly shape systems and culture go unrecognized. The talk invited engineering leaders to ask uncomfortable questions: What behaviors do our CI/CD pipeline speeds actually incentivize? Which defaults have we inherited without examination? What are we measuring, and what behaviors does that measurement reward? For organizations struggling with poor outcomes or culture issues that seem disconnected from technical choices, the hidden decision analysis offers a new lens. Rather than prescribing solutions, the speakers offered a diagnostic framework for recognizing hidden decisions. Their approach echoes broader industry conversations about Architecture Decision Records. The key insight: hidden decisions can be named and examined once teams learn to identify them. Hidden behaviors and choices have a broad impact on the engineering work we eventually see “Sometimes, as engineers, the right decision for us is not to build,” they said. The hidden decision to build implicitly accepts the costs and risks of building and maintaining something new. As developers, we often love to solve problems with code. But we never stop to ask ourselves, “Is this the correct solution?” when, many times, it isn’t. The problem, they explain, is that engineering organizations measure outcomes such as features shipped or system uptime but rarely examine the decision quality that produced those results. This phenomenon creates a dangerous blind spot where teams optimize for the wrong things without realizing it. Examples of metrics that, when measured, can drive the wrong behavior The speakers illustrated their thesis with CI/CD pipelines. When pipelines run slowly, engineers aren’t just waiting longer for builds to complete. They start exhibiting behaviours like bundling PRs together. As a result, instead of having small, manageable PRs, we have massive changes that are harder to review, rubber-stamped approvals, and deteriorating quality. Per the speakers, we should ask ourselves, “What behaviours do we want to incentivise, and how can our tooling support that?”. The speakers then termed “the default trap.” Teams accept defaults and act on them whether they consciously accept them or not. They cited an example of a team that decided to build its own platform instead of using an existing one within the organization, even though the existing one already solved a similar problem, simply because the default in that organization was for every team to own its own stack. In this case, team ownership became the “default” and was not challenged until Martell explicitly called it out. “We need to name the defaults to be able to explicitly accept or reject them as required”. The most insidious hidden decisions emerge from metric selection. The speakers described how, during an architectural change, measuring events sent to Kafka led to massive unnecessary traffic because teams optimized for the metric rather than the underlying need. “Most events were not even required,” they explained. Similarly, measuring career progress through title changes obscures the real decision about career strategy-whether engineers are actually making progress in a direction that makes sense for them. Engineers build skills that lead to specialization, which builds their reputation and the value they provide, which in turn determines their roles, until changing direction becomes risky. “Once you’re building that view of yourself, deciding to change is risky,” and so identifying these hidden decisions in real time is even more crucial.
https://www.infoq.com/news/2025/11/hidden-decisions/?utm_term=global
WPAHash smart cloud mining still delivers steady daily earnings for users worldwide
As crypto markets decline sharply, WPAHash continues to deliver steady daily mining earnings, offering users stability when prices fall. New York, USA, November 2025 As the global crypto market experiences a significant correction and major assets such as BTC, XRP, and ETH fall sharply, investor sentiment has turned increasingly cautious. Yet, despite the widespread market downturn, global cloud computing provider WPAHash continues to deliver stable daily earnings to users around the world through its advanced smart cloud-mining technology, demonstrating remarkable resilience and counter-cyclical growth. Market decline turns cloud mining into a “safe haven” for stable returns Over recent weeks, the global crypto market has seen persistent turbulence, with major assets like BTC, XRP, and ETH dropping by double-digit percentages. Traditional holding strategies have faced substantial drawdowns. However, unlike spot investments that closely track price volatility, cloud-mining yields are primarily driven by mining output, which is far less sensitive to short-term market movements. As a result, cloud mining is becoming an effective way for many investors to maintain earnings during bearish conditions. Through superior hash-rate efficiency and an intelligent resource allocation system, WPAHash enables users to earn consistent daily mining rewards even when the broader market is under pressure. WPAHash’s technical team stated: “Mining rewards don’t disappear just because prices dip in the short term. Smart cloud hashing is naturally more resilient. Our goal is to help users maintain steady cash flow, even during a bear market.” How WPAHash smart cloud mining maintains stable returns Algorithm optimization for higher output efficiency: WPAHash’s proprietary hash-rate scheduling algorithm dynamically adjusts mining strategies based on network difficulty, energy costs, and real-time block conditions, significantly improving output stability. Global data centers reduce operational risk: With mining centers deployed across Europe, North America, the Middle East, and Asia, WPAHash leverages a distributed architecture to prevent single-point failures and enhance hash-rate continuity. Multi-asset mining to diversify risk: WPAHash offers hash-power products for BTC, ETH, DOGE, and XRP. Users can diversify their mining portfolio to reduce exposure to market fluctuations and build a more stable income structure. Daily settlement and full transparency: All earnings are settled automatically on a daily basis. Users can view real-time mining reports, withdraw funds, or reinvest with full transparency at all times. How to earn stable returns with WPAHash in just 4 steps 1. Create an account: Visit the official website and register with an email. New users can receive up to $15 in rewards. 2. Choose a mining plan: Browse various flexible contract plans and select one based on budget and goals, whether short-term trials or long-term growth contracts. Interested investors can click here to view complete contract options. 3. Fund the account: Deposit using BTC, ETH, USDT, XRP, SOL, DOGE, LTC, and other major cryptocurrencies. Funds arrive instantly with no complicated procedures. 4. Automatic mining and automatic payouts: Once the contract is active, the system begins mining automatically. Users can monitor daily rewards in real time, withdraw earnings, or reinvest to grow their returns. This growth trend shows that more crypto users are shifting from “holding and waiting” to “earning through hash power.” Why users worldwide choose WPAHash WPAHash stands out thanks to its core strengths: Military-grade security (cold/hot wallet separation + multi-layer encryption) High-efficiency cloud mining infrastructure (distributed data centers + optimized algorithms) Diverse earning models (short-, mid-, and long-term mining contracts) Available on web and mobile app 24×7 global customer support Whether in a bull or bear market, WPAHash is committed to delivering predictable, sustainable digital-asset returns to users worldwide. Looking ahead: Making mining-based income accessible to everyone As global hashing infrastructure continues to improve and more mineable assets become available, WPAHash remains focused on promoting “hash-power accessibility”, allowing everyday users to earn blockchain rewards without owning any physical mining equipment. WPAHash’s founding team commented: “Prices may rise or fall, but hash-power value never disappears. Our mission is to make hash power a long-term and reliable source of income for everyone.” About WPAHash WPAHash is a global cloud-mining service provider headquartered in London, United Kingdom. The platform offers secure, efficient, and transparent digital-asset mining solutions to users across more than 120 countries, helping them effortlessly generate stable on-chain returns. To learn more about WPAHash, visit the official website. Email: [email protected] Company Address: 128 City Road, London, England, EC1V 2NX.
https://bitcoinethereumnews.com/tech/wpahash-smart-cloud-mining-still-delivers-steady-daily-earnings-for-users-worldwide/
Temba Bavuma vs Rohit Sharma – comparing their Test captaincy stats after leading in 11 matches
Temba Bavuma played a stellar role as captain as South Africa beat India by 30 runs at Eden Gardens in Kolkata in the first Test of the two-match series. After being dismissed for three in the first innings, he compiled an unbeaten 55 in the second essay in a low-scoring came that ended inside three days. The significance of Bavuma’s knock can be gauged from the fact that he was the other batter from either side to register a half-century. The next best was 39 by KL Rahul in India’s first innings. After South Africa crumbled to 91-7 in their second innings, Bavuma featured in a game-defining 44-run stand with Corbin Bosch (25). Bavuma has led South Africa in 11 Test matches so far and is yet to lose a game. In this feature, we compare his Test stats with those of Rohit Sharma after the latter had also led India in the same number of games. Temba Bavuma vs Rohit Sharma Who has a better win percentage after leading in 11 Tests? Bavuma has led South Africa in 11 Tests so far out of which they have won 10, while one game ended in a draw. The defiant cricketer is yet to taste defeat as Test captain. He has an excellent win percentage of 90. 90. (Temba Bavuma vs Rohit Sharma: Captaincy stats after 11 Tests) Of his first 11 Tests as captain, Rohit won six and lost three, while two matches ended in a draw. At that stage, he had a win percentage of 54. 54. Temba Bavuma vs Rohit Sharma Who has more runs and a better average after leading in 11 Tests? Having led South Africa in 11 Tests, Bavuma has scored 969 runs, averaging 57, with the aid of three tons and six fifties. His best of 172 was registered against West Indies in Johannesburg in March 2023. The batter also notched up scores of 113 against Sri Lanka in Durban in November 2024 and 106 against Pakistan in Cape Town in January 2025. (Temba Bavuma vs Rohit Sharma Batting stats as captain after 11 Tests) After 11 Tests as captain, Rohit had 690 runs to his name at an average of 40. 58, with two hundreds and two fifties. His best as captain at that stage was 120, which came against Australia in Nagpur in February 2023. Rohit had also scored 103 against West Indies in Roseau in July 2023. Temba Bavuma vs Rohit Sharma Who has more away wins after leading in 11 Tests? Of his 11 Tests as captain so far, Bavuma has registered two wins in away conditions and one at a neutral venue. Under his leadership, the Proteas beat West Indies in Guyana by 40 runs in August 2024. They recently beat India by 30 runs in Kolkata. Before that, South Africa had thumped Australia by five wickets in the final of the World Test Championship (WTC) at Lord’s in June 2025. Of Rohit’s first six Tests as captain, India won two in away conditions. India beat West Indies by an innings and 141 runs in Roseau in July 2023. They also got the better of South Africa by seven wickets in Cape Town in January 2024. Temba Bavuma vs Rohit Sharma Who has a better batting record in wins after leading in 11 Tests? In 10 Tests that South Africa have won, Bavuma has scored 868 runs at an average of 54. 25. The 35-year-old has registered three centuries and five fifties in winning causes. The batter also scored 86 & 15* against West Indies in Port of Spain (August 2024) in a match that finished in a draw. (Temba Bavuma vs Rohit Sharma Batting stats as captain in wins after 11 Tests) In six Test matches that Team India won, Rohit scored 431 runs at an average of 53. 87, with the aid of two hundreds. His 120 against Australia in Nagpur in February 2023 resulted in an innings and 132-run win for India. His 103 against West Indies in Roseau in July 2023 also came in a thumping innings victory.
https://www.sportskeeda.com/cricket/temba-bavuma-vs-rohit-sharma-comparing-test-captaincy-stats-leading-11-matches