Venice AI Valued at $1 Billion as Erik Voorhees Makes the Case for Private ChatGPT Rivals
In brief Venice AI raised $65 million at a $1 billion valuation in its first outside funding round. Founder Erik Voorhees said the company has...
Tag : Case
Former Goliath Ventures CEO pleads guilty in $400M crypto Ponzi case
Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to his role in a crypto investment scheme that prosecutors said raised at least $400 million...
Chinese billionaire Miles Guo gets 30 years in $1B crypto fraud case
Self-exiled Chinese billionaire Miles Guo has been sentenced to 30 years in a U.S. prison after being convicted in a fraud scheme that prosecutors said...
SEC wins $5.4M judgment in NanoBit crypto fraud case
The US Securities and Exchange Commission has won its fraud suit against crypto platform NanoBit Limited, nearly two years after the agency accused it of...
Dogecoin Case: Is DOGE Still the King of Memes?
Dogecoin is trading near $0.078 in a depressing week that saw it lost 9% of its value. Eleven years after launching as a Shiba Inu...
Elon Musk's SpaceX IPO: The Bull and Bear Case for Bitcoin
In brief SpaceX’s IPO joins an AI-driven tech rally and geopolitical uncertainty in stress testing crypto’s already waning attention and liquidity. Pre-IPO perpetuals on Hyperliquid...
Bithumb CEO Booked as Suspect Over South Korea Bribery Case
In brief South Korean police have booked Bithumb CEO Lee Jae-won as a bribery suspect over allegedly hiring a legislator’s relatives. National Assembly member Kim...
Chinese court treats Bitcoin as property in 107 BTC memory theft case
A court in the eastern Chinese city of Qingdao sentenced a man to 10 years and nine months in prison for stealing 107 Bitcoin after...
CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement
US Commodity Futures Trading Commission (CFTC) Chair Michael Selig is claiming that the agency under former President Joe Biden “politically targeted” the co-founders of cryptocurrency...
Billionaire says crypto seizure risk weakens Bitcoin’s gold case
Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments. Summary Frank Giustra...