Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Meta’s newest Open Source AI models, Llama 4 Scout and Llama 4 Maverick, have created a buzz in the tech industry. David Sacksa US venture capitalist and AI advisorexpressed his excitement regarding these models over the weekend on X, describing the products as a victory for America in the global AI competition. For the U.S. […]
Deep-seek, a prominent Chinese tech company, has just unveiled its latest open-source artificial intelligence (AI) platform. This release comes hot on the heels of its highly successful R1 model that made waves in the AI community. The new AI platform from Deep-seek is set to revolutionize the way we think about AI technology. With its [...]
The post DeepSeek Unveils Cutting-Edge Open-Source AI Following R1’s Challenge Against OpenAI in China appeared first on Crypto Breaking News.
As US tariffs head for a major breakthrough, crypto and stock markets continue to remain volatile. financial market. Since the tariff announcements two weeks ago, the total crypto market has dropped 26% from January highs, wiping out about $1 trillion in value. Now, as the market has somewhat stabilized, a section of market observers questions […]
Optimism’s price is down 7% on Tuesday after the OP token fell from around $1.64 to $1.51. The declines come as the community braces for a supply bump that could see further downside pressure for the Ethereum layer-2 solution. OP traded at around $1.53 at 6 am ET on Tuesday, down 6.5% in the past …
<p>The post OP price slips 7% as Optimism preps for $580M supply jump first appeared on CCNC | Cryptocurrency Newscast.</p>
Together Chat unveils a new app offering free access to DeepSeek R1 and other AI models, enhancing interaction with open-source tools for coding, image generation, and creative tasks. (Read More)
In preparation for Ethereum reclaiming the $2,600 mark, there are four crucial factors to consider. As the cryptocurrency surges in value, investors need to understand the significance of these elements to make informed decisions. Let’s delve into what you should be aware of before Ethereum hits this important milestone. First and foremost, it is essential [...]
The post Unlock the Key Steps Needed for Ethereum to Reach $2,600 Again appeared first on Crypto Breaking News.
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his [...]
The post FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense appeared first on Crypto Breaking News.
The latest crypto news is that the judge assigned to the case against former FTX CEO Sam Bankman-Fried has recused herself from the case. According to court documents, US District Judge Ronnie Abrams had stepped down “to avoid any possible case of conflict of interest, or the appearance of one.” Are you looking for fast-news, ... Read more
<p>The post US Judge steps down from SBF case | Invezz first appeared on CCNC.</p>
There's only two ways this can turn out, both bad, but one massively worse than the other.
Prosecutors from New York have unsealed the indictment against him, charging Bankman-Fried with wire fraud, conspiracy, committing fraud against investors, lenders, and the United States, securities fraud, money laundering, and violation of campaign finance laws.
But things aren't as straightforward as it sounds - there's a real possibility some, maybe even most of these charges, get dropped.
It All Comes Down to This: Did Sam Misuse of Funds Include Those from FTX US - a Separate Company and Website from FTX International?
This could be the difference between life in prison, or 10 years with a chance to get out early with good behavior.
The US will only charge him with crimes he committed while in the US, or against US citizens.
For example, US law enforcement cannot pursue a case where investors from France were victims of fraud committed by a company in the Bahamas. Actually, no country on earth prosecutes cases under those circumstances.
As covered in previous articles, if someone from the United States visited FTX International (ftx.com) they would find themselves unable to get past the home page, they were blocked from joining, only able to view a message re-directing them to FTX's platform for US citizens (ftx.us).
The platforms did not share storage of funds with FTX International either, separate wallets for crypto, separate banks for fiat currency.
In other words, it would be extremely easy for Sam to exclude US funds from his alleged scheme, which would be the smartest thing someone in his position could do (besides leave everyone's funds alone).
So, are there any signs indicating FTX US funds were left untouched?
While Sam's word means very little and I'm not suggesting you put any trust into him, for some reason in every interview he's done following the FTX collapse, he made sure to tell the audience that the US site was not effected, everyone's funds are still there, and he believes 'it could open to let people withdraw today'.
If that is true, Sam committed no crime while in the US, and committed no crimes against US citizens, and suddenly this becomes a very different thing.
As predicted in previous articles, we see Sam being charged with additional crimes like wire fraud, this so they can still lock him up for something even if the charges directly related to him losing billions don't hold up in court.
Similar to how the FBI lacked evidence against Mafia leaders for murders they knew they had committed, so they started digging through their tax history and locked them up for tax violations.
Are There any Signs Sam Mismanaged Funds Belonging to Both FTX International and FTX US Users?
The acting CEO, John J. Ray, appointed to oversee the company's bankruptcy testified with Congress yesterday, Sam was scheduled to appear but that was canceled with his arrest.
Ray stated they had "NOT found evidence (that Sam made unauthorized withdraws from US customer funds) of that yet"
This is a HUGE - It means if what Ray said is True, Prosecutors do Not Have Evidence for Several of the Charges Against Him!
If Sam really did leave US funds alone, several charges get dropped before he ever sets foot in a courtroom.
However, a source on the 'inside' at FTX told me that the new CEO "thinks Sam was so reckless with funds from FTX International he's assuming Sam did the same at FTX US and just hid it better" adding that this was "just a personal opinion, but it's a fact that they're looking into where every dollar or token went, so if Sam did anything he shouldn't have they will find it'.
The new CEO and his team have been digging through the records for nearly a month, and their failure to find anything showing Sam's abuse of funds included the FTX US has me prepared for the possibility Sam told the here.
Remember, FTX US staff included former government regulators - would you hire former IRS tax auditors to work for your company if you were secretly committing tax fraud? Probably not.
It's starting to look like Sam followed the rules when it came to FTX US, all high-profile employees specifically worked for FTX US, and saw no red flags that would stop them from vouching for Sam as a legitimate business person.
Where they went wrong is assuming FTX International was operating similarly to FTX US - when in reality Sam saw FTX International as the place where the rules no longer applied.
Life in Prison?
Yes, really. Many think life-sentences aren't given for financial crimes, and that's true for the average case of someone stealing thousands or even low-millions from a company they work for.
But when someone defrauds investors at a total cost in the billions, everyone involved is willing to punish them as severely as legally allowed. Prosecutors seek the maximum sentence, and if guilty, the jury will agree.
Looking at the other high-profile multi-billion dollar scandals, one thing that immediately stands out is how we refer to them by the company name, 'Enron scandal' or 'Worldcom scandal' for example. With the focus on the companies involved, the names of the actual people behind those scandals are generally forgotten.
A multi-billion dollar loss with all the blame focused on 1 individual, the only other name that comes to mind is Bernie Madoff, the former head of the NASDAQ stock exchange, who lost billions of investors funds when his investment firm was exposed for not investing in anyone, it was actually the largest Ponzi scheme in history.
If Sam truly belongs in the same category as Madoff, he should expect a similar fate. Madoff received a sentence of 150 years in prison in 2009 - he died there last year.
An Unplanned, Early Exit?
Sam was politically connected, and many FTX members with empty accounts are wondering how their money is gone, but Sam had millions in 'profits' to donate to politicians.
Sam leveraged his political donations for meetings with lawmakers and other VIPS, he was becoming well-connected in Washington DC - many believe Sam may "know too much" and that worries powerful people.
Take this with a huge grain of salt since it is both a conspiracy theory and prediction - but the idea that Sam's former friends may now want him eliminated was on enough people's minds that both 'Sam Bankman-Fried' and 'Epstein' began trending on twitter with hundreds of tweets like:
-----------
Author: Ross Davis
Silicon Valley Newsroom
GCP | Breaking Crypto News
The Pepsi Mic Drop x Billboard Music Awards "Winners' Club" NFT Collection Gives Fans The Chance To Score Free NFTs Celebrating Each Award Throughout the Show, Plus the Brand-New "Pepsi Mic Drop Moment"
Synthetix is stepping into the ring with its newest Spartan, Linn Sandstrom, an Australian female boxer with a story of her own to tell. We’re sponsoring @SandstromBoxer, in her fight for the WBC Australasia Title. Linn wasn’t always a Boxer. She started her athletic career playing professional table tennis in Sweden and recently transitioned into […]
Cryptocurrency markets continue to trade sideways this weekend, with Bitcoin and Ethereum managing to hold support. This makes it an excellent opportunity to look at several underrated Metaverse crypto coins with a market cap under $9 million worth, keeping an eye on in April 2022, ordered by current market capitalization, lowest to highest. #3 TOWER […]
The post Top 3 Metaverse Crypto Coins Under $9 Million Market Cap (April 2022) appeared first on NullTX.
DEEPSPACE is one of the most underrated Metaverse crypto coins on the market, featuring an NFT-based play-to-earn game built on the BNB chain. The team recently released their NFT marketplace enabling users to mint ships on the platform. Even with the recent volatile crypto market, the project had seen over 10,000 ships NFTs minted in […]
The post Over 10,000 Ship NFTs Minted in 24 Hours for Metaverse Crypto Coin DEEPSPACE appeared first on NullTX.
While crypto markets are struggling this Monday, many Metaverse coins continue to show bullish momentum. This article looks at the top three crypto Metaverse coins gaining the most price today, ordered by 24-hour gain, lowest to highest. ShoeFy (SHOE) – $0.2197 (+14.43%) As the name suggests, ShoeFy is a platform for digital shoes. It combines […]
The post Top 3 Crypto Metaverse Coins Gaining The Most Price Today (SHOE, DPS, VIBE) appeared first on NullTX.
Beverage giant Pepsi announced the brand would launch nearly 2,000 NFTs to celebrate the anniversary. (Read More)
Pepsi is the latest billion dollar brand jumping into the NFT space. Surprisingly, no mention of metaverse anywhere in the press release. Covered: Pepsi Announces Ethereum-based NFTS Great News For Ethereum Pepsi Announces Ethereum-based NFTS Yup. We did that. Introducing Pepsi Mic Drop – our genesis #NFT collection. Details in the thread below ?? pic.twitter.com/JS9Qu51yGm […]
The post Pepsi Releasing Ethereum-Based NFTs appeared first on CryptosRus.
The annual Sports Illustrated (SI) Awards have just revealed the line-up for the firm’s 2021 awards show that will broadcast live from the Seminole Hard Rock Hotel and Casino in Hollywood, Florida. This year, fans will be able to win a whole bitcoin from FTX as the crypto exchange has partnered with the SI Awards […]
Small company may benefit from the growing popularity of NFT. NFTs aren’t only for superstars and billion-dollar companies. NFTs are
The post has appeared first on thenewscrypto.com
Deep Seek, a solidified open-source AI developed by a renowned AI founder, has emerged as a serious contender in the artificial intelligence landscape. This advanced AI system brings a fresh perspective to the field with its innovative approach and robust capabilities. The creator of Deep Seek has paved the way for a new era in [...]
The post How DeepSeek Revolutionized Open-Source AI and Established It as a Leading Force – Insights from AI Founder appeared first on Crypto Breaking News.
The SEC is conducting an investigation into Uniswap, a leading decentralized exchange platform, following allegations of regulatory violations. This development has raised concerns within the cryptocurrency community regarding the future of decentralized finance (DeFi) platforms and their regulatory compliance. Uniswap has quickly become a popular option for traders seeking to exchange various tokens in a [...]
The post SEC Steps Back as Uniswap Reveals End of Investigation appeared first on Crypto Breaking News.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
