News list for " former chief"
SBF, the former CEO and co-founder of FTX, told the New York Sun in a Brooklyn jail that he believes he was wrongfully convicted. Saying his biggest mistake was allowing Sullivan & Cromwell to take over FTX in November 2022, SBF said he should have continued to deal with liquidity issues rather than letting the firm take over and mislead clients. Due to this decision, millions of customers were told that their funds were exhausted and had to wait two years before they started receiving payments,...
Mira Murati, the former chief technology officer of OpenAI, established the new company.
According to Techstartups, artificial intelligence startup Safe Superintelligence (SSI), founded last year by Ilya Sutskever, the former chief scientist of OpenAI, is in talks for a new round of financing with a valuation of at least $20 billion. The valuation is a fourfold increase from its $5 billion valuation when it completed a $1 billion financing in September last year. The exact amount of the financing has not yet been determined and the relevant negotiations are still in the early stages...
Balaji Srinivasan, the former chief technology officer of Coinbase, said on social media that meme is a zero-sum lottery that does not create wealth. Every buy is just matched with a sell order. After an initial surge, the price eventually plummets and the last buyer loses everything. If you consider the platform's cut, meme is actually a negative sum.
Roni Cohen-Pavon, the former chief revenue officer of crypto lending platform Celsius, will not be sentenced on December 11 after former CEO Alex Mashinsky reached a plea deal with U.S. prosecutors. In a filing with the U.S. District Court for the Southern District of New York, Judge John Koeltl granted U.S. Attorney Damian Williams' request to cancel Roni Cohen-Pavon's sentencing hearing until after Alex Mashinsky's sentencing hearing, which was originally scheduled for 2025.
The former CEO of crypto platform Celsius, Alex Mashinsky, is facing criminal prosecution in the United States after his lawyers failed to drop two charges related to commodity fraud and manipulation of the price of Celsius (CEL) tokens. Judge John Koeltl has filed a document in the U.S. District Court for the Southern District of New York, ruling that Mashinsky's legal team's arguments to drop the charges were "either moot or unfounded." The judge denied the motion to drop the two charges, leav...
According to @cryptounfolded, FTX is suing former Binance CEO Changpeng Zhao to recover $1.80 billion.
The former CEO of Alameda Research, Caroline Ellison, is expected to serve her prison sentence on November 7 local time on charges of participating in the criminal activities of the crypto exchange FTX. As of the time of this article's publication, the US Federal Bureau of Prisons (BOP) website states that Ellison is not in custody, but has provided the inmate number as well as her age, race and gender. On September 24, U.S. District Court Judge Lewis Kaplan for the Southern District of New York...
According to people familiar with the matter, Mira Murati, the former chief technology officer of OpenAl, is raising proceeds from venture investors for her new artificial intelligence startup. The goal of the new company is to build artificial intelligence products based on proprietary models, and it is not clear whether Murati will serve as CEO at the new company, the people said.
Nick Drakon, former chief executive of Revelo Intel, a cryptocurrency research and education platform, posted on social media on September 5 that he had recently been robbed at gunpoint by a "highly professional" gang, forced to transfer personal, corporate and investor funds, and later announced his resignation. Drakon said the robbers were particularly interested in crypto assets and knew the deposit address of the crypto business he ran, and took away his personal funds, Revelo's Working Fund...
Safe Superintelligence (SSI), co-founded by OpenAI co-founder and former chief scientist Ilya Sutskever, has raised $1 billion. SSI currently has 10 employees. The company will focus on assembling a small team of researchers and engineers in Palo Alto, California, and Tel Aviv, Israel. The new funds will be used to buy computing power and hire top talent. The company declined to disclose its valuation, but people familiar with the matter said it was valued at $5 billion. Investors include Andree...
io.net former CEO Ahmad Shadid said in a social media post that io.net official Discord has been hacked and the IO team has been told not to click on shared links.
Mark Karpelès, former CEO of Mt. Gox, announced the launch of Ellip X, an MPC wallet that divides the private key into three parts, held by the user, the device, and Ellip X.
The Securities and Exchange Commission has sued former Digital World CEO Patrick Orlando for securities fraud violations.
Arthur Hayes, former CEO of BitMEX and Chief Investment Officer of Maelstrom, announced the launch of the Bitcoin Funding Program by Maelstrom, a family office fund. The goal of the program is to help Bitcoin's technical development and enhance its resilience, scalability, censorship resistance and privacy features. Applications must be submitted by August 25, 2024. The grant application period for project grants is 12 months and is paid monthly in BTC, USDC or USDT. The grant amount per develop...
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