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1. EU says X hosts “illegal content” connected to Israel-Hamas war
Elon asked for specifics and failed to get a response, with some accusing the EU of censorship
War update: country weights ground invasion as military continues airstrikes on Hamas
The death toll reached 1.2K+ Israelis, 950 Palestinians in Gaza, 1K+ Hamas fighters in Israel, 150 Israeli hostages
Netanyahu is meeting Gantz for talks about a unity government.
Biden promised full military, intelligent support.
China called for humanitarian aid for Palestinians.
U.S. is looking into a civilian passage to Egypt or Israel for Gazans.
U.S. weapons started arriving in Israel. Bloomberg, WSJ, AP, CNN, Mario Nafwal on X
The Bank of Israel announced a $45B package to support the shekel.
U.S. yields continued to fall sharply. - Investopedia
Harvard President Claudine Gay responded after former President Larry Summer said he was “sickened” by the university’s lack of reaction to the Hamas attack. - Bloomberg, College Terror List
$134M in crypto received by Palestinian military groups since 2021. - WSJ
2. FTX trial: Caroline Ellison says SBF “directed” her to commit crimes
Alameda CEO Caroline Ellison testified on Day 6 of the trial:
Alameda took $14B from FTX.
SBF was ready to close down Alameda in September, when he wrote a draft Twitter thread, suggesting advance knowledge. - The Block
SBF becoming POTUS was allegedly his initial ambition.
SBF did not like her talking about FTT trading (manipulation) in front of others.
SBF was OK with flipping a coin that could mean destroying the whole world.
SBF thought his ~$10M donation to Biden bought him access, even though it was previously reported that the Biden never reached out to SBF himself. - Bloomberg, Inner City Press live tweets
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