In brief The White House says foreign entities, mainly in China, are running “industrial-scale” campaigns to copy U.S. AI models. Officials say attackers use proxy accounts and jailbreaks to extract model capabilities and proprietary data. The memo calls for federal agencies and private industry to develop defenses and hold foreign actors accountable. The White House…
In brief Prosecutors charged Benjamin Pasternak with strangulation and assault over a March 31 incident. Pasternak was arraigned and pleaded not guilty; his next court date is in June. The arrest adds to mounting legal troubles over allegedly deceptive token sales. Benjamin Pasternak, founder of the Solana-based token launchpad Believe, was arrested Tuesday and charged…
In brief FTX founder and former CEO Sam Bankman-Fried has withdrawn his request for a new trial after filing a so-called Rule 33 Motion in February The disgraced former crypto mogul, who is serving time in California, insisted that he was representing himself despite receiving help on the motion from his parents. Bankman-Fried claimed that…
The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by Arbitrum’s security council. Source link
In brief Polymarket traders pocketed more than $35,000 after temperature spikes at a Météo France sensor resolved long-shot Paris weather bets in their favor. Bubblemaps flagged a $120 bet that returned $21,000, a 180x gain, placed at under 1% odds minutes before one anomaly. Météo France has filed a police complaint alleging interference with its…
Cryptocurrency exchange OKX is accelerating its push into the United States by rolling out off-exchange settlement for its US institutional clients. OKX has integrated the Off-Exchange Settlement (OES) platform by publicly listed digital asset custodian BitGo, the company said Thursday in an announcement shared with Cointelegraph. The integration enables institutional clients to trade on OKX…
In brief Tether froze $344 million in USDT across two Tron blockchain addresses after U.S. authorities flagged them. The freeze was coordinated with the Office of Foreign Assets Control and law enforcement agencies. One wallet contained approximately $213 million, the other roughly $131 million in frozen tokens. Tether froze more than $344 million in USDT…
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales. Source link
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In brief Reps. Thomas Massie and Lauren Boebert introduced the Surveillance Accountability Act, which would requiring warrants for government access to third-party digital data. The bill covers AI-assisted surveillance, biometric data, and automated license plate readers. The legislation would allow Americans to sue the government for Fourth Amendment violations. Artificial intelligence is expanding the government’s…