Prosecutors in New York asked a court on Friday to sentence crypto fraudster Sam Bankman-Fried to between 40 and 50 years in prison for defrauding crypto investors and extracting billions of dollars from his companies
Bitcoin hit an all-time high of $69,170 Tuesday morning, according to CoinMarketCap, breaching the previous all-time high of $68,990 in November 2021.
It’s official: There will be no further attempts to salvage FTX. The once popular but now defunct crypto exchange that “misplaced” billions of dollars in user assets before collapsing in a heap of scandal is officially headed to the corporate graveyard.
OpenAI rode a hype-fueled rocket to business leadership over the last year. CEO Sam Altman managed to put a consumer-friendly wrapper on a years-old technology and capture the world’s attention. And now, for better or worse, OpenAI is better positioned than anyone to build the tools that will save or destroy the…
Elon Musk unveiled ‘Grok’ Saturday, a snarky, anti-woke AI chatbot that has access to all tweets, giving real-time knowledge about the world – if you can call everything on X ‘knowledge’.
Sam Bankman-Fried may be headed to prison but the story of FTX is far from over. Like an evil spirit, the exchange seems destined to haunt the crypto community for the rest of its days.