Discover the intriguing connection between AI startup Anthropic's soaring valuation and the fraud trial of FTX founder as the tech world awaits further insights. Learn more!
Explore FTX's bankruptcy saga and its potential for rebirth in the cryptocurrency market. Discover the challenges and opportunities in this uncertain landscape.
Despite challenges and mixed opinions, Solana remains a top-10 crypto asset and a possible Ethereum killer. Recent gains and high degree of decentralization are positive signs amid market turbulence. Caution and realistic expectations are advised for investors.
Former FTX CEO claims key evidence date missed in fraud charges as his lawyers accuse prosecutors of failing to provide the contents of five devices due by the end of March. A laptop and iPhone belonging to former Alameda Research CEO Caroline Ellison and an FTX co-founder Gary Wang's laptop are among the devices, with Bankman-Fried's court date set for October 2nd. Additionally, FTX bankers are looking to cash out their shares in Anthropic, an AI startup valued at $4.6 billion. Perella Weinberg is handling FTX's bankruptcy, with the potential sale worth hundreds of millions of dollars.
. This article discusses how media giants such as The New York Times, The Financial Times, and Bloomberg are urging the U.S. bankruptcy court to unseal the names of 9 million customers linked to the FTX exchange. It could pose security risks to customers due to potential ‘pig butchering’ scams. The court has kept the list under confidentiality seal, but it's approaching expiration hasled to this petition. Samuel Bankman-Fried is the founder and CEO of FTX and Alameda Research. Donations to public welfare projects are also discussed.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?