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"FTX faced a severe liquidity crunch that necessitated the filing of these cases on an emergency basis last Friday," said the court filing, quoted by Reuters, Wednesday (16/11/2022)

Former US president Donald Trump has asked an appeals court to reopen his lawsuit against Twitter that had suspended Trump permanently from the social platform after his supporters attacked the US Capitol in 2021. Lawyers for Trump told the US Court of Appeals that the ban amounted to "blatant partisan censorship" and "contravenes First Amendment principles that are deeply rooted in American history and law."

Regulators in the United States said they were monitoring Twitter's dynamics with "deep concern" after some of the social media company's privacy and compliance officials reportedly quit. News source by BBC