Newsletter Archives

• 23 and you

  Posted on April 14, 2025 at 02:43 CDT by Max Stul Oppenheimer • Comment in the Forums

  LEGAL BRIEF

  

  By Max Stul Oppenheimer, Esq.

  The pending bankruptcy of 23andMe raises important questions — questions that are relevant not only to those who have trusted that company with personal information, but more generally to anyone who trusts any company with personal information.

  This particular bankruptcy highlights the importance of reviewing user agreements as well as some shortcomings of current federal law. Fortunately, users who act promptly will be able to mitigate the potential risk.

  Read the full story in our Plus Newsletter (22.15.0, 2025-04-14).

  Legal Brief 23 and Me, Bankruptcy, Newsletters, Privacy, Terms of Service

• Bankrupt technology: How FTX crushed $40 billion to bits

  Posted on December 5, 2022 at 02:44 CST by B. Livingston • Comment in the Forums

  PUBLIC DEFENDER

  

  By Brian Livingston

  The world’s fifth-largest cryptocurrency exchange, FTX, was valued by investors at $40 billion in early 2022 but wound up in bankruptcy last month and is now almost worthless.

  FTX, short for “Futures Exchange,” launched its service in 2019 and minted its own digital token with the ticker symbol FTT. With almost 250 million FTT units available to the public, FTX’s CEO and majority owner, Sam Bankman-Fried (SBF, as he’s known) had a net worth of $26 billion in early 2022.

  Read the full story in our Plus Newsletter (19.49.0, 2022-12-05).

  Public Defender Bankruptcy, Cryptocurrency, FTT, FTX, Newsletters, Public Defender, Sam Bankman-Fried