#sam
134 articles found
Latest
Attorneys for Ryan Salame, a former top executive of the bankrupt crypto exchange FTX, are seeking a sentence of no more than 18 months in prison. They assert that their client had no involvement in the fraudulent activities orchestrated by former CEO Sam Bankman-Fried. 
FTX's leadership aims to nullify user and investor claims concerning specific tokens linked to investments made by the former CEO, Sam Bankman-Fried. Included in the affected list are tokens such as Maps (MAPS), DeFi Oxygen (OXY), Serum (SERUM), and Boba (BOBA). 
SV Angel, a venture capital fund, has rallied companies such as OpenAI and Microsoft to endorse an open letter urging the ethical development of artificial intelligence for the greater good of humanity. OpenAI's CEO, Sam Altman, praised the initiative and signed it on behalf of the company. 
The parents of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX (Joseph Bankman and Barbara Fried), are refusing to give back assets received from their son. They've requested the court to dismiss the lawsuit filed by the company, asserting their ignorance of any fraudulent activities and claiming that the exchange is unjustly trying to confiscate their property. 
The price of the AR token, belonging to the Arweave decentralized data storage platform, fell by 13% amid speculation about a potential hard fork. Sam Williams, the founder of the platform, indicated that data storage solutions provider Irys is contemplating a network reset. 
The legal team of former FTX CEO Sam Bankman-Fried have challenged the prosecution's call for a maximum 50-year prison term, criticizing it as an outdated punishment method. This position was detailed in an official statement regarding the anticipated sentencing. 
OpenAI CEO Sam Altman has called for up to $7 trillion in investments to establish infrastructure for manufacturing artificial intelligence chips, addressing the severe global shortage. He has shared this proposal with both the government and business leaders in the United Arab Emirates (UAE). Behind FTX's Downfall: The Role of Sam Bankman-Fried's Parents
Sam Bankman-Fried's parents did more than shape his personality; they played a significant role in FTX's journey, reportedly earning millions from the exchange. It seems FTX was more than just a business venture; it was a family enterprise. But who exactly were these family members? 
Ex-Mobster Shares His Take on SBF
Former New York gangster Gene Borrello recently spoke out in an interview with crypto blogger Tiffany Fong. During the conversation, he opened up about his time in prison with Sam Bankman-Fried, sharing his impression of the crypto community's most talked-about inmate.