Sam Bankman-Fried (SBF) was jailed on Friday, August 11, after a New York judge revoked the FTX founder’s $250 million bail on allegations he tampered with witnesses in his upcoming fraud trial. U.S. District Judge Lewis Kaplan made the decision
Crypto swingman Sam Bankman-Fried (SBF) planned to purchase the island nation of Nauru and build a bunker there to protect his colleagues in the effective altruism movement in the event of an apocalypse, new court documents show. Filed in a
Elon Musk’s AI company, xAI, has introduced an AI model known as Grok, which will rival OpenAI’s ChatGPT. The new AI model will be released to select premium subscribers on the X platform, formerly Twitter. This comes exactly a year
Google has decided to amplify its presence in the artificial intelligence sector with a substantial $2 billion investment in Anthropic, an emerging AI startup, signaling robust confidence in the future of AI technologies. This move comes after Google forwarded $500
Bitcoin (BTC) briefly rose above $35,000 for the first time since May 2022, driven by speculation that U.S. regulators will soon approve a Bitcoin exchange-traded fund (ETF). The price of BTC reached $35,086 on Tuesday, up over 17% in 48
In recent legal developments, U.S. prosecutors issued a letter to the presiding court of SBF’s trial. This letter prohibits the legal team of FTX’s former CEO, Sam Bankman-Fried, from highlighting the possible recovery of FTX client money invested in Anthropic.
In a seismic shift within the competitive realm of artificial intelligence, Anthropic, a promising startup, has emerged as a significant challenger to OpenAI. This surge is backed by a multi-billion-dollar investment agreement from Amazon, a move that could significantly influence
According to a recent report, Joseph Bankman and Barbara Fried, the parents of FTX founder Sam Bankman-Fried (SBF), are now facing legal action. Debtors of the now-bankrupt cryptocurrency exchange FTX allege that the couple illicitly pocketed millions. Filed on Sept.
In a landmark ruling, U.S. Bankruptcy Judge John Dorsey has given crypto exchange FTX the go-ahead to liquidate up to $3.4 billion in cryptocurrency assets. The decision sets a legal precedent and serves as a lifeline for FTX to repay
Ryan Salame, the former co-CEO of FTX Digital Markets, recently entered a guilty plea in a U.S. District Court for defrauding the United States Federal Election Commission (FEC) and conspiring to operate an unlicensed money-transmitting business. His plea follows a
Cryptocurrency giant Genesis, an arm of the Digital Currency Group, has struck a $175 million settlement with the beleaguered crypto exchange FTX. The deal, part of a broader effort to resolve claims connected to the ongoing bankruptcy issues of both
CoinFund CEO Jake Brukhman argues that Worldcoin can become bigger, more widely distributed, and even more valuable than Bitcoin. Brukhman’s incredible list of claims came during an appearance on the Unchained Podcast during the first week of August. The claims
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