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Ex-prosecutor Denies Promising Not to Charge FTX Executive's Partner

Danielle Sassoon, a U.S. attorney involved in the prosecution of former FTX CEO Sam Bankman-Fried, testified in a hearing regarding a plea deal with Ryan Salame, the former co-CEO of FTX Digital Markets, who was sentenced to over seven years in prison. During the hearing, Sassoon disputed claims that her team promised not to charge Michelle Bond, Salame's partner, as she attempted to have her own charges dismissed, alleging inducement from prosecutors. Bond faces conspiracy and campaign finance-related charges linked to $400,000 in FTX funds used for her 2022 campaign. The article explores the ongoing legal proceedings against various former FTX executives and mentions Bankman-Fried's conviction and sentencing to 25 years in prison. In light of these events, there are broader discussions about the implications for those still entangled in FTX-related legal issues, as well as the potential political influences concerning Bankman-Fried's case.

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Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks

Tether has emerged as a significant player in the gold market, accumulating at least 116 tons of gold, making it one of the largest non-central bank holders globally. According to a report by investment bank Jefferies, Tether's recent gold purchases have contributed to a tighter supply and a

America's Open Source AI Gambit: Two Labs, One Question—Can the US Compete?

Two American AI labs recently launched open-source models with distinct strategies to enhance US competitiveness against China's advancements in AI. Deep Cogito introduced Cogito v2.1, a 671-billion-parameter model, which the company claims is superior among US offerings. However, it utilizes a forked version of the Chinese Deepseek

Myriad Moves: Markets Grow Bearish on Bitcoin and Ethereum as Rate Cut Odds Tumble

The cryptocurrency market is experiencing a bearish trend as Bitcoin and Ethereum prices continue to decline, leading predictors on Myriad to adjust their outlooks significantly. Bitcoin has dropped to below $87,000, marking a decline of over 30% since its all-time high of $126,000 in early October. Predictors now

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