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FTX deepfake goes viral

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A deepfake video with former FTX CEO Sam Bankman-Fried has gone viral on Twitter.

In the video, Bankman-Fried is promising people that he can double their money through a typical giveaway scam, by pointing victims to a website where they can win cryptocurrencies.

The website is registered to a person in Nevis, Puerto Rico, and displays the face of Bankman-Fried and and the FTX emblem.

What also makes this scam seem more ‘legitimate’, is that the Twitter account it is circulating on, has a blue checkmark, a symbol that the account has been verified.

It has been revealed the top 50 creditors to FTX are owed approximately $3.1billion.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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