#sam

A spokesperson for the university stated that they have been in talks with FTX debtor attorneys to facilitate the full return of the donated funds. It’s worth noting that Sam Bankman-Fried’s parents have a longstanding association with Stanford Law School, serving as legal scholars and professors there. The donations in question, totaling approximately $5.5 million, were made by FTX-related entities between November 2021 and May 2022 for pandemic-related prevention and research.

Kenya’s interior cabinet secretary Kithure Kindiki stated that individuals attempted to exit the country but were detained. However, the U.S. government stepped in, asserting they should be permitted to depart since they hadn’t been formally convicted of any wrongdoing. The U.S. further promised to ensure their return if needed for legal proceedings. The committee probing Worldcoin has until September 28 to submit its findings. It’s interesting to note that last week, Sam Altman was seen in a private meeting with Kenya’s President William Ruto and some other individuals.

Apple has reportedly shelled out $5 million to secure the rights to Michael Lewis' upcoming book on Sam Bankman-Fried (SBF), the former CEO of FTX. The book, titled "Going Infinite: The Rise and Fall of a New Tycoon," is set to launch on October 3, coinciding with the start of SBF's criminal trial in New York. A documentary is also in the pipeline, directed by Nanette Burstein, known for her work on crypto evangelist John McAfee and Hillary Clinton.

The FTX founder, Sam Bankman-Fried, has publicly declared his innocence. He responded to charges of fraud, money laundering, and recent allegations concerning breaches of election campaign finance laws. He articulated his defense on August 22nd in the Southern District Court of New York.

The U.S. Department of Justice is escalating its legal fight against the founder of FTX, employing intimate writings from his ex-girlfriend Caroline Ellison, who once managed investment company Alameda Research. From October 2nd, the court will see evidence pulled from Caroline's personal documents. A notable inclusion is a list termed "Things Sam is Freaking Out About," pointing towards alleged financial misconduct at FTX. The case's evidence will also feature undisclosed recordings and messages from FTX insiders.

The ex-CEO of FTX will now be detained in a New York jail until his court hearings are complete. The revealing of snippets from Caroline Ellison's diary to The New York Times, viewed as potential witness tampering, significantly impacted the verdict. Additionally, he has reportedly breached house arrest guidelines by accessing VPN and Signal.

The French Data Protection Agency (CNIL) has conducted inspections at Worldcoin's Paris office due to concerns about the company's biometric data collection practices. Worldcoin, co-founded by ChatGPT CEO Sam Altman, scans users' irises in exchange for a digital ID and the promise of free cryptocurrency. The Worldcoin Foundation, incorporated in the Cayman Islands, has expressed its willingness to undergo the review and affirms its commitment to complying with regulatory requirements.

Sam Bankman-Fried's attorneys argue that he cannot adequately prepare for trial in prison. This is due to prosecutors handing him an additional four million pages of documents to review just six weeks before his scheduled October trial. "We do not believe that anything short of temporary release will properly address these problems and safeguard Mr. Bankman-Fried’s right to participate in his own defense," the attorneys wrote.

After his brief time in custody, Sam Bankman-Fried is already petitioning to spend five days each week outside the confines of the detention facility. His legal team is vocal about the obstacles he's facing, especially the considerable challenge of reviewing numerous papers connected to his case whithin the detention center.

As he awaits his trial scheduled for October 2nd, Sam Bankman-Fried finds himself in the Brooklyn Metropolitan Detention Center, notorious for its unsafe and unsanitary conditions. In the past two days, two notable developments have emerged: Yesterday, his legal team sought approval from a federal judge to allow him access to antidepressants while in detention. According to a letter from his doctor, Sam has been receiving psychiatric treatment since February 2019 and “has a history of Major Depressive Disorder and Attention Deficit Hyperactivity Disorder (ADHD).” Meanwhile, federal prosecutors claim that Bankman-Fried used funds taken from FTX customers to contribute more than $100 million to political campaigns before the 2022 U.S. midterm elections. Antidepressants won’t help here either.

Kenya’s Interior Minister Kithure Kindiki announced the suspension of Worldcoin’s local activities in the country. Relevant agencies are conducting inquiries and investigations to determine the authenticity and legality of the activities, ensuring the absence of risks to Kenyans. The video shows people lining up to have their irises scanned, with the promise of receiving 25 free Worldcoin tokens ($56) in Kenya. We've previously detailed Sam Altman's vision for the Worldcoin project in our article.

Germany's data watchdog has been scrutinizing the Worldcoin initiative since the previous year due to apprehensions concerning the extensive processing of confidential biometric information. Currently, concerns have been raised about Sam Altman's project from the United Kingdom, France, and Germany.