Sam Bankman-Fried – the founder of the now-defunct crypto exchange FTX, once celebrated as the “poster boy” of crypto, is embroiled in a multi-billion dollar scandal involving the misuse of company assets for…
Just days after OpenAI announced the formation of its new Safety Committee, former board members Helen Toner and Tasha McCauley publicly accused CEO Sam Altman of prioritizing profits over responsible AI development, hiding…
The potential partnership comes amid increased regulatory scrutiny for both companies. Source link
The U.S. Department of Homeland Security (DHS) has enlisted a broad slate of AI industry leaders to establish the Artificial Intelligence Safety and Security Board, the agency announced on Friday. The DHS says…
Key Takeaways Sam Bankman-Fried, former FTX CEO, has been sentenced to 25 years in prison for his role in the exchange’s collapse, facing seven felony charges. Despite SBF expressing regret and his defense…
Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING:…
#Biggest #FINANCIAL #SCAM #BILLION #Dollars #FTX #Crypto #King #Sam #BankmanFried source
Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any post-trial motions. In a Dec. 1 letter to Judge Lewis Kaplan in United…
OpenAI announced the reinstatement of Sam Altman as CEO and the appointment of new board members, responding to the widespread backlash following his unexpected removal. The Delaware-based American artificial intelligence research organization asserted…
CTO Mira Murati has been appointed interim CEO of OpenAI. She will lead the company with a search process underway to identify a permanent successor. Sam Altman’s departure follows a “deliberative review process…
Following the announcement of Sam Altman’s departure from OpenAI, the WLD token associated with the iris-scanning biometric project Worldcoin, also founded by Altman, dropped 14%, according to CoinGecko. Altman was ousted from his…
#Sam #BankmanFried #walks #jury #final #days #FTX #CNBC #Crypto #World source
Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and Invesco Galaxy’s spot Bitcoin ETF joins DTCC website. Source link
A defendant facing criminal charges has the right to testify during their trial, but many don’t. Now, several weeks into Sam Bankman-Fried’s case, the FTX founder still hasn’t decided whether he’ll take the…
Lawyers representing Sam Bankman-Fried have once again raised concerns about their client’s access to Adderall, a medication prescribed for his ADHD. The legal team is requesting that Bankman-Fried be granted additional Adderall during…
“People want an authority to tell them how to value things, but they choose this authority not based on facts or results –– they choose it because it seems authoritative or familiar.” -Michael…