AI
Universal Music Group sues Anthropic for IP infringement
UMG alleged that Anthropic's AI could output "original" music and lyrics that were almost direct copies of protected songs.
Mike Dalton 2 min read
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Gemini claims ‘victim’ status in NYAG’s billion-dollar lawsuit
Gemini said the lawsuit validates its claim that Genesis and its parent company, Digital Currency Group, conspired defraud creditors.
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SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
The main witnesses for the day were Professor Peter Easton, an esteemed accounting expert from the University of Notre Dame, FBI accountant Paige Owens, and a former FTX employee, Eliora Katz.
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U.S. Treasury sanctions Gaza-based crypto broker alleged to have facilitated $25M in transactions since 2015
Israeli authorities had seized wallets associated with the broker as early has 2021.
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SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds
The tenth day of SBF's trial mainly revolved around the cross examination of Nishad Singh, who revealed further details about the infamous software bug that led to the $8 billion discrepancy in Alameda's accounts.
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Evidence shows Bankman-Fried and associates gave $230M to friends, family, politicians, PACs, and special interests
A spreadsheet detailing the recipients of gifts and donations from SBF and his associates was presented at trial today.
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SBF Trial – Nishad Singh kicks off week 3 by confessing to stealing customer funds for straw political donations
Singh's testimony comprised further explosive allegations regarding the FTX's involvement in illegal political donations, and SBF's lavish spending and investments.
Regulation
Court orders Genesis to produce subpoenaed documents in Terraform Labs case
U.S. District Judge Jed S. Rakoff ordered Genesis to provide the relevant materials within five days after the company failed to comply with an earlier subpoena.
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Nishad Singh testifies to ‘excessive’ spending at Sam Bankman-Fried’s trial
The former director of engineering at FTX claims to have disapproved of Bankman-Fried's lavish spending.
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SBF Trial: Lawyers argue Bankman-Fried needs more Adderall in order to participate in trial
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Second week of SBF’s trial was a torrent of damning evidence, testimony for the former billionaire
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BlockFi CEO Zac Prince testifies to lending relationship with Alameda Research before its collapse
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