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Scammers Exploit Fame of Musk, CZ and Buterin in Texas Fraud Case
Amid the hype surrounding AI projects, there has been a surge in activity from crypto scammers promoting AI-related coins. The Texas State Securities Board, with the support of several other regulators, is cracking down on one such scheme. Crypto Industry's Support for Formula 1 Endures Amid Crisis
The new season of Formula 1 started off in Bahrain this March, and it looks like almost 40% of the teams have lost their crypto sponsors compared to the 2022 season. The ongoing crisis has led to a decline in marketing activity among the players, but it's still too early to say that it has come to a complete halt.
Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents' home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office.
The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company's wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?)
And here's a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them. A Second Chance for the Worst NFT Traders
Web3 company Truth Labs, known for its popular non-fungible token (NFT) collection Goblintown, is preparing to launch its Season 2 mint, Big Inc, a 15,000-unit sequel. The collection aims to celebrate the culture and community of Web3 and will prioritize collectors based on their "rekt activity," or poor trades in the NFT space.
Ameen Soleimani, one of the first contributors to the scandalous Tornado Cash crypto mixer, has announced the launch of a new mixing service called Primacy Pools, which is based on the TC code.
Now, every hacker and criminal will have a chance to demonstrate that they are not engaging in any malicious activity (but not for sure). What is clear is that honest users will be able to prove that they have not committed fraud and are therefore legitimately using the privacy-enhancing service.
Predictably, the new service uses zero-knowledge proof, which is the main trend of 2023. It is a protocol that confirms information without disclosing it.
Your move, SEC!
Arkham Intelligence has developed an app that uses a Twitter handle to search for anyone's activity across various blockchains, including Ethereum, Polygon, and BNB Chain.
The app can:
find wallet addresses that the user has interacted with;
filter the user's recent transactions;
visualize their actions on the blockchain.
Anyone who wants to join this impressive initiative can sign up for the waitlist.
The first entities on the waitlist are probably the IRS and the FRS. 



