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☆ People thought they might die when oxygen masks deployed on a United flight to Maui, passenger says
▼ + stars: | 2024-06-25 | by ( Kelsey Vlamis | Amanda Goh | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. AdvertisementScott's wife, Lesley Scott, said the flight attendants urgently asked passengers to put the oxygen masks on, which they thought meant this was not a mistake and that something was actually wrong. AdvertisementIn a statement provided to Business Insider, United said: "A small number of oxygen masks inadvertently deployed during the flight. About a week prior, oxygen masks also "inadvertently deployed" on a transatlantic United flight from Paris to Washington, DC. AdvertisementBoeing did not immediately respond to a request for comment from Business Insider sent outside regular hours.

Persons: —, Ryan Scott, Scott, Lesley Scott, United Organizations: Service, Business, United, Kahului, Boeing, Business Insider Locations: Marin County , California, Hawaii, San Francisco, Maui, hyperventilating, Paris, Washington

☆ Stormy unchained: Lawyers for Trump and porn star struggled to control her after hush-money story broke in 2018
▼ + stars: | 2024-05-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Text messages shown in Donald Trump's hush-money trial reveal attorneys' struggles to manage Stormy Daniels. Michael Cohen, Trump's ex-attorney, appeared frantic in messages after the hush-money story broke in 2018. Minutes later Cohen texted Davidson, "Please call me," before he again texted, "Cmon!" Advertisement"Why is she going on Kimmel after the Sotu," Cohen texted Davidson days earlier. "She just denied the letter," Cohen texted Davidson at the time.

Persons: Donald Trump's, Stormy Daniels, Michael Cohen, Trump's, Cohen, Daniels, —, Keith Davidson, Davidson, Trump, Drew Angerer, Davidson texted Cohen, Cohen messaged Davidson, Stephanie Clifford —, Sean Hannity's, Davidson texted, Cohen texted Davidson, texted, Eduardo Munoz, Let's, Cohen backtracked, Michael Cohen's, Jane Rosenberg Davidson, Kimmel, Jimmy Kimmel, Cohen messaged, Gina Rodriguez, Gina Organizations: Prosecutors, Trump, Service, Street, Sean Hannity's Fox, Manhattan, REUTERS, Attorney's Locations: Los Angeles, LA, Manhattan, NY

☆ Sam Altman said he texted Elon Musk after the billionaire sued him
▼ + stars: | 2024-03-13 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Sam Altman said he texted Elon Musk after the Tesla CEO sued him. Musk sued Altman and OpenAI earlier this year, alleging the company violated its 'founding agreement.' AdvertisementOpenAI CEO Sam Altman said he fired off a text to Elon Musk right after he found out the Tesla CEO had sued him. In the face of Musk's very public disses, Altman has been more diplomatic in his public response to Musk. "I miss the old Elon," Altman told Swisher.

Persons: Sam Altman, texted Elon Musk, Altman, Musk, —, Elon Musk, Kara Swisher, Swisher, OpenAI, cofound OpenAI, Tesla, Lex Fridman Organizations: Service, City Arts, OpenAI, Microsoft, GPT Locations: Elon

☆ Jeramey and Clay went Jet Skiing before the 'Love is Blind' reunion in an apparent nod to one of the most controversial moments in season 6
▼ + stars: | 2024-03-13 | by ( Ayomikun Adekaiyero | Caralynn Matassa | ) www.businessinsider.com time to read: +3 min

On Monday, contestants Lutinski and Clay Gravesande shared on Instagram that they had gone for a Jet Ski ride together before the upcoming cast reunion. "Riding with @lutinskij before the SZN starts," Gravesande, the founder of a Carolina-based Jet Ski and boat rental company, captioned the post. After they go their separate ways, Lutinski speaks to Bick in front of Dadisman and goes for a Jet Ski ride with her. But, the damage was already done, and "Love Is Blind" fans have branded Lutinski as one of the reality star villains of season six. On February 23, Lutinski took to Instagram to shut down claims he was in a secret relationship while filming "Love Is Blind."

Persons: —, Lutinski, Sarah Ann Bick —, Clay Gravesande, Laura Dadisman, Dadisman doesn't, Dadisman, Bick, Brittani McLiverty, McLiverty, Gravesande Organizations: Service, Business, Lutinski Locations: @lutinskij, Carolina

☆ 'Love Is Blind' contestant Jeramey Lutinski reacts to the controversial Jet Ski scene: 'I'm even watching this back like 'WTF?''
▼ + stars: | 2024-03-06 | by ( Eammon Jacobs | Caralynn Matassa | ) www.businessinsider.com time to read: +3 min

Jeramey Lutinski reacted to the controversial jet ski scene in "Love is Blind" season six. On Instagram, Lutinski said he doesn't condone his actions in the series. Lutinski faced a backlash after the latest episodes of "Love is Blind" season six, which arrived on Netflix on February 28. After that, Lutinski went straight back to Bick to discuss how they could move on. AdvertisementBick also commented on the post, simply writing: "*grabs jet ski*.

Persons: Jeramey Lutinski, Sarah Ann Bick, Laura Dadisman, Lutinski, —, Dadisman, Bick, he'd, hasn't, she's Organizations: Service, Netflix, Jet Locations: Bick, Dadisman

☆ Apple's EV exit shows the challenges of the once red-hot market
▼ + stars: | 2024-02-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

The ending is abrupt, but Apple's EV ambitions weren't easily realized. AdvertisementNurPhoto/Getty, Tyler Le/BIApple's departure shows how challenging the once red-hot EV market has become. In the long run, Apple's exit could even be spun as a win for the EV market. Less competition is rarely good, but some of Apple's employees could land at rival EV makers, providing a much-needed boost. OpenAI fires back at The New York Times.

Persons: Donald Trump, Nikki Haley, Tyler Le, Aaron Mok, weren't, Elon Musk, That's, Rivian, Spencer Platt, Mislav Matejka, Morgan Stanley's, Ellen Zentner, Zentner, Jamie Dimon, he's, Slaven, Jenny Chang, Rodriguez, Satya Nadella, It's, Reddit, isn't, Wendy's, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Republican, Apple, Bloomberg, Tesla, EV, Getty, Elon, Google, Microsoft, The New York Times, Times, Paramount, HP Locations: Michigan, China, New York, London

☆ I was Lyft's former head of PR. I'm really not surprised by their earnings blunder.
▼ + stars: | 2024-02-15 | by ( Will Valentine | ) www.businessinsider.com time to read: +6 min

Forty-eight hours later, it seems Lyft's earnings mistake has reached meme level in business circles. My immediate thought was probably the same as most people when I heard the news: oof, that's a really, really bad mistake. In fact, in my Visa days, my wife and twin toddlers would decamp to grandma's house for two weeks because we knew I'd be fully consumed with the earnings process. While their intentions are almost always positive, it's essential to avoid team bloat in the earnings process. By prioritizing a meticulous approach to the process, companies can transform earnings season from a high-risk ordeal into a showcase of reliability and precision.

Persons: it's, that's, I've, I'd, who's, It's, Will Valentine, Valentine Organizations: Service, Business, Visa, Pandora, Valentine Advisors, Lyft

☆ Are Clay and AD still together? The 'Love Is Blind' season 6 couple had a bumpy start
▼ + stars: | 2024-02-14 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +4 min

Warning: Spoilers ahead for the first six episodes of "Love Is Blind" season six. Amber Desiree "AD" connects with Clay and Matthew, and ultimately accepts a proposal from Clay. AdvertisementAmber Desiree "AD" Smith forms connections with both Clay Gravesande and Matthew Duliba in the "Love Is Blind" pods on season six. At the end of the first six episodes, Clay and AD are one of the few couples on pretty good footing. The next three episodes of "Love Is Blind" season six will air on February 21.

Persons: Amber Desiree, Clay, Matthew, —, Smith, Clay Gravesande, Matthew Duliba, Amber Grant, Amber, he'd, Here's, she'd, aren't Organizations: Service Locations: Clay, North Carolina, Texas

☆ Google's layoffs already impacted its culture. Now they're affecting its bottom line.
▼ + stars: | 2024-01-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at highlights from two of the world's biggest tech companies' earnings reports, including how much layoffs cost for one of them. Tech: Tech CEOs will testify before Congress today for a hearing on child safety. Mateusz Wlodarczyk/Getty ImagesThere's been plenty of speculation about what Google's mass layoffs last year meant for its famous culture. Jerod Harris/Getty ImagesCongress is set to grill some of the biggest names in tech today. Leaders from Meta, X, TikTok, and other tech companies will face questions over their platforms' efforts to protect children from sexual exploitation online.

Persons: It's, Sundar Pichai, Mateusz Wlodarczyk, Sarah Jackson, Satya Nadella Stephen Brashear, Hisham Ibrahim, Jerome Powell's, Claudia Sahm, Powell, Linda Yaccarino, Jerod Harris, Linda Yaccarino's, Jack Dorsey's Block, Dorsey, Brooks Kraft, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Tech, Google, Microsoft, Getty, Bloomberg, JPMorgan, Meta, Elon Musk's, Brooks Kraft LLC, Los Angeles Times, UPS, Bureau of Labor Statistics, Amazon, Boeing, Mastercard Locations: Chipotle, New York, London

☆ No one can figure out what is going on in the trailer for Jennifer Lopez's new Amazon movie
▼ + stars: | 2024-01-18 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Jennifer Lopez dropped the trailer for her new movie "This Is Me...Now: A Love Story" on Wednesday. Here's what we know about Lopez's "musical, cinematic experience." AdvertisementThe trailer for Jennifer Lopez's upcoming Amazon Prime Video movie — or at least, we think it's a movie — has baffled the internet. — Pearl Boshomane (@Pearloysias) January 18, 2024Me after watching Jennifer Lopez’s new movie trailer pic.twitter.com/Xe1RUoINWy — Cote (@notcodyitscote) January 17, 2024The main source of the confusion is that the film appears to span multiple genres. This doesn’t just look like a visual album it looks like a fully fledged movie musical?!

Persons: Jennifer Lopez, —, Jennifer Lopez's, Lopez, Ben Affleck, I'm, I’m, 6qUxFe4Aex —, Pearl, Jennifer Lopez’s, — Cote, Marc Anthony, Cris Judd, Ojani Noa, Lope, Lope z, Lope z 's "hea Organizations: Service, Prime, Twitter, isu Locations: PAU

☆ A sexual assault in the metaverse has investigators questioning the future of virtual crime prosecution
▼ + stars: | 2024-01-08 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

These touch-sensitive full-body suits vibrate in response to virtual stimuli, reacting when users' characters bump into a wall or receive a punch, for example. "They cannot tout the realism of these virtual worlds and then deny or downplay that ugly things that happen in them have some of the unfortunate downstream effects of real behavior. On Instagram, in response to a New York Post article about the incident, users joked the assailants who harassed the girl online should be sent to "virtual jail." Sexual harassment on 'Horizon Worlds'Claims like the British girl's are not unheard of, with multiple accounts of virtual sexual harassment stemming from Meta's "Horizon Worlds" VR game — though it remains unclear if the incident took place inside Meta's game or another VR world. "This is a critical area that demands immediate attention to ensure the Metaverse is a safe and positive space for young users."

Persons: Donna Jones, Katherine Cross, they're, James, Nina Jane Patel, Patel, Graeme Biggar Organizations: Service, Daily, Business, Daily Mail, Association of Police, Crime, BBC, University of Washington, New York, LBC, Meta, BI, Crime Agency Locations: cybercrime

☆ Fact Check: CNN did not report White House replaced US flag with Israel’s
▼ + stars: | 2023-11-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

CNN did not report that the White House ordered the removal of the U.S. flag from atop the White House and raised the Israeli flag instead. A screenshot on social media shows an image of the White House with an Israeli flag flying upon the rooftop flagpole. The image depicting the Israeli flag flying upon the White House rooftop flagpole is doctored. The original image, with the truck parked outside the front of the White House, was captured by a Reuters photographer in 2018. CNN did not report that the White House lowered the U.S. flag and raised an Israeli flag instead.

Persons: “ BIDEN, ”, Read Organizations: CNN, White House, White, Facebook, Reuters, YouTube, U.S ., Thomson Locations: U.S, United States, Israel, American

☆ Peloton hit with issues during world-record ride attempt on Thanksgiving Day
▼ + stars: | 2023-11-23 | by ( Monica Melton | Aaron Mok | ) www.businessinsider.com time to read: +3 min

Peloton's annual 45-minute Turkey Burn Ride appeared to have crashed during the session. The fitness company's Turkey Burn Ride, a 45-minute live bike ride hosted by fitness instructor Robin Arzón, attempted to hit the Guinness World Record for the largest live cycling class. Other Peloton users said they were unable to join the Turkey Burn Ride for an extended period of time. Advertisement"This is garbage," a Peloton user who claims he was set to do the Turkey Burn ride wrote on X. !," a Peloton user commented on the company's Instagram post regarding the Turkey Burn ride.

Persons: Peloton's, —, Robin Arzón, Robin, I've, Barry McCarthy Organizations: Service, couldn't, YouTube Locations: Turkey, @RobinNYC

☆ Fact Check: Agencies did warn of Hurricane Otis’ quick development
▼ + stars: | 2023-11-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Government agencies did issue warnings ahead of Hurricane Otis hitting the Mexican city of Acapulco on Oct. 25, contrary to claims on social media that said there was “no warning” ahead of the hurricane. It informed the public on Oct. 24 at 2:48 a.m. local time (0948 GMT) that Otis was expected to become a hurricane. The government of Guerrero, where Acapulco is located, referred to Otis as a hurricane at 3:58 p.m. (2258 GMT) on a social media post that day. Mexican President Andrés Manuel López Obrador warned about hurricane Otis on X, formerly known as Twitter, at 20:25 p.m. (0325 GMT). While Otis intensified quickly, government and weather agencies warned about the hurricane hours before it hit Acapulco.

Persons: Hurricane Otis, Otis, Andrés Manuel López Obrador, Contra, López Obrador, Read Organizations: Hurricane, Authorities, ” Reuters, U.S, National Hurricane Center, Twitter, Reuters, Thomson Locations: Acapulco, Mexican, ”, Mexico, Guerrero

☆ Restaurants owners are using AI to make new menu items, like the 'Chat GPTaco' from a Dallas chain that became a hit with customers
▼ + stars: | 2023-10-12 | by ( Helaine Krysik | ) www.businessinsider.com time to read: +7 min

More restaurants, from local spots to national chains, are using AI to create new menu items. Velvet Taco recently featured the "Chat GPTaco" as part of the restaurant's "weekly taco feature," or "wtf," to huge success. Velvet Taco, a Dallas-based taco chain featured a ChatGPT Taco as part of the restaurant's "weekly taco feature," or "wtf." He got the recipe from AI by using standard pizza ingredients, then plugged ideas like "Mexican street-corn pizza" into the AI. "AI will be another tool to help restaurants improve operations, troubleshoot, and look for efficiencies," Tierney said.

Persons: —, Clay Dover, Velvet Taco, Dover, It's, Greg Tierney, Tierney Organizations: Service, Velvet, taco, Motor Locations: Texas, Dallas, Detroit, Lewisville , Texas

☆ Fact Check: Australian COVID vaccine with HIV protein misrepresented online
▼ + stars: | 2023-10-05 | by ( Reuters Fact Check | ) www.reuters.com time to read: +5 min

The programme, titled “Horizon Special: The Vaccine”, documented the development, by the University of Queensland and biotechnology company CSL, of a COVID vaccine candidate that never made it to market. The 63-second video begins with a social media narrator saying: “This is utter madness. Explaining the reason behind choosing the HIV protein, Chappell says on-camera that the protein was picked because it’s well understood and presents no risks, including having no role in helping HIV to make copies of itself: “It’s a highly stable structure. VACCINE CANDIDATE DROPPEDThe social media clip fails to acknowledge that the production of the Australian vaccine candidate was halted following the discovery that it temporarily caused false-positive HIV tests due to the presence of the protein. The Australian vaccine candidate contained an HIV protein which posed no safety threat, but led the vaccine candidate to be dropped before ever making it to larger trials because it produced false-positive test results for HIV.

Persons: Keith Chappell, Chappell, ” Chappell, Read Organizations: University of Queensland, CSL, BBC, University of Queensland’s, Reuters, HIV, Thomson Locations: ”

☆ Fact Check-Screenshot of CDC post on Ebola outbreak at Burning Man is fake
▼ + stars: | 2023-09-07 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

It is recommended that all Burning Man attendees remain in their dwellings until further notice. Facebook users sharing the screenshot wrote, “CDC put out Ebola Warning about Burning Man Festival... government soon pulled it. Another cover-up is going on,” (here) and “Never been a fan of BURNING MAN (too dirty and dusty & unsanitary for me) but WTF?? The link in the purported CDC post (bit.ly/NjMklRjjH) redirects to an article by The Independent addressing conspiracy theories around the Burning Man festival (here). The CDC did not publish a post on an Ebola outbreak at Burning Man 2023.

Persons: ”, Read Organizations: U.S . Centers for Disease Control, Prevention, Black Rock City, “ CDC, CDC, Reuters, Independent, Rock Locations: Nevada, NV, West Africa, Rock City , Nevada

☆ Harvard professor Francesca Gino was accused of faking data. Now her million-dollar empire is crumbling — and scholars are eyeing who's next.
▼ + stars: | 2023-08-01 | by ( Kate Taylor | ) www.businessinsider.com time to read: +22 min

"We believe that many more Gino-authored papers contain fake data," the Data Colada professors wrote. Data Colada found that the raw data showed clear anomalies, such as a distribution infinitely more likely to be produced by a random-number generator than actual people. Soon after, Data Colada ran an article alleging that Gino tampered with data in at least one of her honesty-pledge experiments. A post on Data Colada or a tweet from Brown is like a bomb going off in the behavioral-science world. Others who attempted to build on Gino's studies are grappling with having wasted time, money, and energy.

Persons: It's, Francesca Gino, Gino, Michael Sanders, Greg Burd, —, Hugo Boss, Gino coauthoring, Swarthmore College's Bhanot, Maurice Schweitzer, Simine Vazire, Sanders, Goldman Sachs, Schweitzer, they'd, Uri Simonsohn, Joe Simmons, Leif Nelson —, Data Colada, Dan Ariely, Ariely, Chris Goodney, Harvard, Colada, Nick Brown, Brown, Jeff Lees, Lees, There's Ariely, Brian Wansink's, HBS's Amy Cuddy's, Cuddy, Amy Cuddy's, Marie Claire's, Allison Williams, Astrid Stawiarz, Marie Claire Simonsohn, Simmons, Nelson, they're, Gordon Pennycook, Pennycook, it's, Bhanot Organizations: TED, Twitter, LinkedIn, Harvard, Wharton, Swarthmore College, Harvard Business School, Alaska Airlines, King's College London, Tione, University of Trento, Sant'anna, Studies, Carnegie Mellon University, University of North, Wired, Forbes, Google, Swarthmore, University of Melbourne, Disney, Lavin Agency, Data, Duke University, who's, NBC, BuzzFeed News, Bloomberg, Getty, Privately, Higher Education, Hill, Duke, US Department of, Cornell University, New York Times Locations: Trento, Pisa, University of North Carolina, HBS, Guatemala, Boston, New York, British, Guatemalan

☆ Kylian Mbappé: NBA stars joke about superstar’s reported salary offer from Saudi club Al Hilal
▼ + stars: | 2023-07-25 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

It’s a proposed deal which reportedly includes a staggering $775 million salary packet for the 24-year-old Mbappé. News of the offer spread through social media on Monday and caught the attention of the NBA’s biggest stars. Milwaukee Bucks star Giannis Antetokounmpo posted a picture of himself to Twitter, with the caption: “Al Hilal you can take me. It’s a figure dwarfed by the earnings that Mbappé would reportedly receive for one season at Al Hilal. CNN has reached out to PSG, Al Hilal and Mbappé’s representatives for comment.

Persons: Saint Germain, Al Hilal, It’s, Giannis Antetokounmpo, “ Al Hilal, ” Al Hilal, e nch ca, “ Organizations: CNN, PSG, Saudi, Milwaukee Bucks, Twitter Locations: Paris, Saudi Arabian, Al

☆ 'Can't even see my own tweets': Twitter users despair over Elon Musk's decision to limit views
▼ + stars: | 2023-07-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Elon Musk has decided to temporarily limit the number of tweets people can read each day. In his latest Twitter shake-up, Elon Musk has decided to temporarily control how many tweets users can read each day. The decision sparked backlash and within hours the billionaire said he had extended the limits to 10,000 for verified users, 1,000 for unverified users, and 500 for newly unverified users. On Friday, Musk also changed Twitter's rules to stop unregistered users from viewing tweets without signing up. One user poked fun at the risk the policy might reduce views: "Babe no your tweet's a banger!

Persons: Elon Musk, Musk, MrBeast, Matt Navarra Organizations: Twitter

☆ Twitter outage: Thousands of users encounter 'rate limit exceeded' error message
▼ + stars: | 2023-07-01 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Thousands of Twitter users across several countries were unable to access the social media site, or faced difficulty and delays, Saturday. Users, including CNN journalists, flagged that their feeds weren’t loading and that they were met with an error message saying, “Sorry, you are rate limited. Most of the reported problems Saturday were on the website, at 44%, followed by 39% of problems reported on the app. Twitter users faced similar wide-ranging service disruptions in March, one of the largest outages since Elon Musk took over. More than 8,000 users reported disruptions in that instance.

Persons: ”, Elon Musk, Musk, Linda Yaccarino Organizations: New, New York CNN, CNN, Twitter, Elon Locations: New York

☆ Fact Check-Images of ‘satanic’ merchandise at Hobby Lobby are digitally created
▼ + stars: | 2023-06-26 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

Images of “satanic” merchandise displayed on shelves at Hobby Lobby were created using artificial intelligence, contrary to claims being shared online that they show items sold by the retailer. The text in one Facebook post (here) reads, “First Target....now Hobby Lobby... ?”Vinyard said in an email that she created the images using Midjourney, an AI-based text-to-image generator. “I just thought it would be funny to use the Satanic decor, since Hobby Lobby pretends to be a Christian store,” Vinyard told Vice (here). Hobby Lobby did not immediately respond to a request for comment.

Persons: Jennifer Vinyard, ” Vinyard, Vinyard, “, Read Organizations: Hobby, Facebook, Target, Reuters

Kids in Hammond, Indiana, are forced to climb over and through stopped trains block their way to school. Jamie Kelter Davis for ProPublicaState lawmakers have tried to curb blocked crossings by restricting the lengths of trains. Spielmaker, the Norfolk Southern spokesperson, said: "We work with first responders on a daily basis to assist however we can. A favorable court opinion could allow other states to finally enforce their laws on blocked crossings. Among those who hope to voice their concerns about the blocked crossings are rail workers themselves who worry about the kids.

☆ 16 takeaways from Fox News' historic $787.5 million settlement with Dominion
▼ + stars: | 2023-04-19 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +16 min

In the moments after I watched the judge announce the settlement in court, 16 things went through my mind:1. Evidence obtained by Dominion in the lawsuit and filed to court ahead of the settlement appeared to support that theory. There's always the Smartmatic case. In court filings ahead of the settlement, Fox complained about the $1.6 billion price tag Dominion put on the lawsuit. "Would be pretty unreal if you guys like 20x'ed your Dominion investment with these lawsuits," read one text to a Staple Street executive cited in a Fox court filing.

☆ Prosecutors say Binance execs cracked jokes when warned terrorists could be moving money on their platform: 'Can barely buy an AK-47 with 600 bucks'
▼ + stars: | 2023-03-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

"Can barely buy an AK-47 with 600 bucks," the Binance employee wrote to their boss, per the CFTC. The complaint said Lim described a Binance compliance audit as a "half assed individual sub audit on geo(fencing)" to "buy us more time." "Yea its fine I can get mgmt to sign," Lim responded, per the CFTC's complaint. "Lim's internal discussions with compliance colleagues illustrate that Binance has tolerated Binance customers' use of the platform to facilitate 'illicit activity,'" said the CFTC's complaint. In a Tuesday statement, Zhao said the CFTC's complaint "appears to contain an incomplete recitation of facts," and disputed "the characterization of many of the issues alleged in the complaint."

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