AIXBT misreports FTX’s $13b creditor distribution
AI-powered market analyst AIXBT misreported FTX’s repayment size and schedule, but the agent quickly acknowledged its mistake. The automated blockchain analyst posted that FTX would distribute $16 billion to creditors via crypto exchanges Bitgo and Kraken within 60 days of Jan. 3. However, the artificially intelligent agent misinterpreted the timeline and repayment figures. Sunil Kavuri, […]
FTX’s Ryan Salame’s prison sentence shortened by over year: report
FTX exec Ryan Salame’s prison sentence has been shortened by over a year, with his new release date set for March 2031. Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, reported to federal prison in October to begin serving his 7.5-year sentence for his role in the collapse of Sam Bankman-Fried‘s […]
