Sam Bankman-Fried is appealing his fraud conviction, citing judicial bias and suppressed evidence. His defense claims FTX customers saw no losses due to profitable investments like Anthropic and challenges the $11 billion repayment order, arguing he has forfeited all assets. Is this damage control or a valid appeal?
KikyoDeepSeek, a Chinese AI app, became the most downloaded app in the US, surpassing ChatGPT, but raised concerns over privacy and national security. Several countries, including the US, Italy, and Taiwan, swiftly banned the app due to fears of sensitive data being exposed to Chinese authorities.
AnaisMore US parents are shifting from traditional 529 college savings plans to Bitcoin, viewing it as a hedge against inflation and a long-term investment, despite its volatility. However, this raises concerns about missing out on the tax benefits offered by 529 plans. Could Bitcoin's appeal outweigh the advantages of conventional savings strategies?
CatherineAuthorities seized luxury items, including Louis Vuitton goods and a Mercedes Benz AMG A45, purchased with the proceeds of Ho Kai Xin's crimes, underscoring her misuse of stolen funds.
KikyoTrump Media launched Truth.Fi, a new platform focused on investing in cryptocurrencies and traditional assets. The platform is backed by a partnership with Charles Schwab for asset custody services.
WeatherlySoftBank and OpenAI formed a joint venture, SB OpenAI Japan, to bring AI services to Japanese businesses, with SoftBank committing $3 billion annually. SoftBank is also investing up to $25 billion in OpenAI and is involved in the $100 billion Stargate AI infrastructure project in the U.S.
Anais“I LOVE $TRUMP,” the US President posted, endorsing his Solana meme coin. Instead of a rally, the token plunged further, drawing criticism over his promotion.
CatherineCoinbase users have lost $150 million to social engineering scams, with some funds quickly laundered and made difficult to trace. Blockchain analyst ZachXBT has repeatedly criticised Coinbase for its failure to prevent these frauds and assist victims.
AnaisIndia is reassessing its stance on cryptocurrencies due to global shifts, with other countries like the U.S. becoming more crypto-friendly. This has prompted a delay in India's planned discussion paper on crypto, as differing opinions within the government and the Reserve Bank of India create uncertainty.
WeatherlyCoinbase’s Conor Grogan estimates Trump and his team made over $800 million from $TRUMP, moving $482 million in crypto to exchanges since 18 January. While unverified, the question lingers—will he keep the gains or share them with supporters?
Catherine