#sam

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.

A federal judge overseeing the criminal case against Sam Bankman-Fried is set to review the possibility of revoking the former FTX CEO’s $250 million bail following allegations of intimidation against Caroline Ellison. Additionally, federal prosecutors in New York have requested that Sam Bankman-Fried be jailed before his scheduled October trial. At a hearing in Manhattan federal court, prosecutor Danielle Sassoon argued that “no set of release conditions can ensure the safety of the community.”

Web3 studio Toonstar is currently developing an animated satirical series named FORTUN3. The show's storyline draws inspiration from the real-life events surrounding the FTX exchange, spotlighting Sam Bankman-Fried. The release of the series is scheduled for this coming fall. Viewers will have the opportunity to interact with the show through an online game that can be accessed via an NFT.

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.

The UK's data watchdog is setting its sights on Worldcoin, Sam Altman's initiative offering free crypto for iris scans. With digital ID on one side and cryptocurrency on the other, it's caught the Information Commissioner's Office's attention. "We note the launch of WorldCoin in the UK and will be making further enquiries," a spokesperson for the ICO says.