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FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing
19.3.2024
The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect FTX's bankruptcy had on their lives
Worldcoin Maintains Legal Operations Worldwide, Despite Spain Ban
19.3.2024
Worldcoin, founded by OpenAI CEO Sam Altman, said it is “lawfully in all of the locations in which it is available” and designed to fully comply with related laws.
The post Worldcoin Maintains Legal Operations Worldwide, Despite Spain Ban appeared first on Cryptonews
New Court Documents Reveal Sam Bankman-Fried’s Strategies to Repair Public Image
18.3.2024
Newly revealed court documents shed light on Sam Bankman-Fried's strategies aimed at repairing his public image following the collapse of FTX in 2022.
The post New Court Documents Reveal Sam Bankman-Fried’s Strategies to Repair Public Image appeared first on Cryptonews
Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’
16.3.2024
In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for high-stake risk and “gambling repeatedly with other...
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
15.3.2024
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges
Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit
15.3.2024
In response to a ban in Spain, Worldcoin undergoes an audit to prove the privacy and security measures of its Orb technology, emphasizing the protection of users' iris codes.
The post Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit appeared first on Cryptonews
Former Activision Boss Bobby Kotick Wants To Buy Tiktok: Report
11.3.2024
TikTok is in an exceptionally tough spot these days. Despite everyone you know using it for hours on end, the video-sharing app is currently facing legislation that would force its ban in the U.S pending a potential sale, and prospective buyers are lining up. Regrettably, one of these buyers...
Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase
11.3.2024
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance...
Elon Musk Sparks Excitement and Speculation in Crypto Community with OpenAI Troll
7.3.2024
Elon Musk's critique of OpenAI, the company he co-founded, has sparked a legal dispute and mixed reactions within the cryptocurrency community. His call for a more open AI dialogue contrasts with OpenAI's funding and strategic decisions, leading to a complex discourse on AI's future direction.
The...
Entry of Tradfi Institutions Can Help Reshape User Perceptions Towards Crypto — Sami Start
7.3.2024
The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the crypto trading platform Transak, has argued. Start...
Spain Halts Sam Altman’s Worldcoin Eyeball-Scanning Venture Over Data Concerns
6.3.2024
Spain's data regulator, the Agencia Española de Protección de Datos (AEPD), has instructed Sam Altman's cryptocurrency project, Worldcoin, to halt its operations in the country. This includes stopping the collection of private data through eye scans and ceasing the use of previously gathered data...
AISora Pumps Up 71,110% as New Meme Coin Hits a New High – 100x Potential in 30 Days?
6.3.2024
As AI narrative fuels major pumps, a new coin called AISora, playing on Sam Altman and OpenAI’s new Sora AI video generation, has exploded +71,110%. This article will provide an analysis of AISORA’s current price trends and look to see whether a new meme coin making highs, SMOG, represents...
Worldcoin Price Dips as Elon Musk Sues OpenAI and Sam Altman
1.3.2024
The price of Worldcoin's WLD token has dipped following news of Elon Musk's lawsuit against OpenAI and its CEO, Sam Altman. Elon Musk, the visionary entrepreneur behind SpaceX and Tesla, filed a lawsuit against OpenAI and its CEO, alleging a breach of their nonprofit agreement.
The post Worldcoin...
It’s Like Death Stranding, But For Real [Update]
1.3.2024
Updated: 03/01/2024, 10:30 a.m. ET: The couriers that inspired Hideo Kojima’s 2019 action game/delivery person sim Death Stranding are going viral again, and a whole new group of people are learning about the fascinating Japanese job.Read more
Worldcoin’s WLD Slides as Elon Musk Sues OpenAI
1.3.2024
WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company
Sam Bankman Fried’s Legal Team Cites Autism Spectrum Disorder in Plea for Leniency
29.2.2024
Lawyers for disgraced former FTX CEO Sam Bankman-Fried (SBF) have argued that judges should consider their client’s autism traits when deciding his prison sentence. SBF faces a maximum of 110 years between seven counts of money laundering, wire fraud and securities fraud. However, his defense...
A Maximum of 78 Months — Sam Bankman-Fried’s Legal Team Calls for Leniency
29.2.2024
In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of FTX. Bankman-Fried’s Defense Urges Judge to...
Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years
29.2.2024
Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five conspiracy charges
SBF’s Family Write Individual Letters To Judge Asking for Lenient Sentence
28.2.2024
Family members of former FTX chief Sam Bankman-Fried submitted letters to the federal judge ahead of his sentencing. Barbara Fried, Joseph Bankman, and Gabriel Bankman-Fried all requested leniency, emphasizing SBF's good intentions, charitable efforts, and social difficulties.
The post SBF’s...
Is Worldcoin About to Crash? WLD Price Dumps 11% as Viral AI Meme Coin Approaches $1 Million
28.2.2024
As Sam Altman’s OpenAI fuels big market moves, Worldcoin (Altman’s decentralized identity project) has dumped down -11%. This article will provide an analysis of WLD’s current price trends and look to see whether a newer low-cap AI crypto alternative, SCOTTY, represents a more promising...