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zkFox is a leveraged income aggregator focusing on the DeFi ecosystem. It supports users participating in liquidity farming through over-lending plus leverage to get more revenue.
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SBF Interviewed in Prison Discusses AI and Space Industry: Regrets Missing AI Opportunity, Praises Musk Highly
Sam Bankman-Fried (SBF), the founder of FTX who was sentenced to 25 years in prison, stated in a federal prison interview that he "absolutely" hopes to receive a presidential pardon from the U.S. president, but declined to reveal whether his family is lobbying the White House for this purpose.SBF was sentenced to 25 years in prison in March 2024 for the FTX collapse case, after a jury found him guilty on 7 charges including wire fraud and conspiracy. The court determined that FTX customers suffered losses of approximately $8 billion, equity investors lost $1.7 billion, and Alameda Research lenders lost $1.3 billion.However, SBF once again denied misappropriating user funds and claimed that as the crypto market recovers, FTX customers have now received approximately 170% compensation. He stated that FTX was "one of the few platforms with over-collateralized funds," arguing that the criminal prosecution and lengthy prison sentence against him were unjustified.Additionally, SBF also discussed the development of the AI and space industries, expressing regret for missing the AI wave and highly praising Elon Musk's entrepreneurial capabilities. He stated that SpaceX has enormous growth potential and is one of the few companies capable of playing a key role in the space industry. (FOX Business)
OpenAI co-founder Andrej Karpathy joins Anthropic
Odaily News: OpenAI co-founder Andrej Karpathy joins Anthropic. (FOX)
CFTC and SEC Strengthen Oversight Collaboration on Prediction Markets, Potentially Expanding Enforcement Scope
According to FOX reporter Charles Gasparino, the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission are currently strengthening their collaboration on the regulatory boundaries of prediction markets and have maintained a consistent stance in recent investigations into anomalous transactions related to the Iran conflict.Charles Gasparino stated that although it is widely believed prediction markets are primarily regulated by the CFTC, the SEC will also become deeply involved when related prediction contracts may be legally classified as "securities." He also revealed that, in addition to the cases already made public, regulatory agencies may launch more enforcement actions targeting prediction markets in the future.