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Liberland has delayed the bridge that will allow traders to move the Liberland LLD token onto Justin Sun’s TRON blockchain for a second time, citing “reasons” for the delay.  According to the micronation’s X account, “For reasons, the TRON bridge will be delayed for a few more days.” It was already delayed last Friday, with Liberland saying, “The developers were complaining about the dangers of deploying on Friday.”  For reasons, the TRON bridge will be delayed for a few more days. Hey, what did you expect? We are the most efficient government of a country, but still a government, so our project delays are measured in days instead of years pic.twitter.com/HTyzCWMTce — Liberland (@Liberland_org) March 3, 2025 Read more: Justin Sun elected prime minister of Liberland for a second time “‘Move fast and break things’ is no longer in fashion, huh?” it said before moving the launch to Monday. The TRON bridge may also represent a conflict of interest...

A request to delay the sentencing of Sam Bankman-Fried was rejected by Judge Lewis Kaplan ahead of a presentence interview slated for Dec. 21.  Sam Bankman-Fried’s lawyers requested to extend the sentencing procedure by four to six weeks, citing a possible second trial for the FTX founder on bank fraud and conspiracy to violate the Foreign Corrupt Practices Act charges. The letter was submitted on Dec. 20, a day before Bankman-Fried’s scheduled presentence interview with the U.S. Probation and Pretrial Services System. This is the body tasked with recommending a prison sentence for the convicted former crypto billionaire. Notably, Bankman-Fried’s sentencing hearing is set for March 28. The defense requires additional time to collect materials necessary for the sentencing submission and to prepare for the presentence interview. In addition, a trial on the severed counts of the indictment is still set for March 11, 2024. The Government has not yet decided whether it intends to ...

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid. FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction. In a Nov. 21 mandate, the U.S. Court of Appeals for the Second Circuit said Bankman-Fried’s previous attempts to tamper with two witnesses while on pretrial release was a major reason behind rejecting his request. “We have reviewed the Defendant-Appellant’s additional arguments and find them unpersuasive,” the court said. Bankman-Fried’s release motion was rejected by a U.S. appeals court. Source: Courtlistener Government prosecutors accused Bankman-Fried of leaking Caroline Ellison’s diaries to The New York Times in July, which caused his bail to be revoked by a New York District Court. Bankman-Fried argued the New York court failed to consider that he was engaged in activity...

The Taipei District Prosecutors Office has detained two individuals connected to the crypto exchange JPEX in relation to an investigation into potential fraud . According to local reports, Chang Tung-Ying, the lead partner at the Taiwan branch of the embattled crypto exchange, and Shi Yu, an academic linked to JPEX, have been arrested on accusations of infringing upon banking and anti-money laundering legislation. Prosecutors have instructed the local justice investigation bureau to conduct investigation s at nine sites, leading to the questioning of four individuals. A suspect with the last name Liu was granted bail for NT$50,000 (equivalent to $1,550), while another, named Niu, was released following their interrogation. The probe into JPEX’s activities began after reports emerged in June of the exchange promoting cryptocurrency products and seeking investments. You might also like: JPEX to become DAO, to freeze assets for 2 years The investigation also draws in...

A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021; however, some commentators have raised doubts. Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media.  In an Oct. 6 thread on X, the anonymous account NFT Ethics tagged OpenSea asking them to respond to its accusations that their former head of ventures Kevin Pawlak is linked to the pseudonymous identity “0xSisyphus" and was involved in "various dubious business dealings." 1/ Dear @OpenSea, what do you think of the fact that your Head of Ventures, Kevin Pawlak, has been involved in various very dubious business dealings (e.g. Anubis) and pump & dump schemes under his pseudonymous identity @0xSisyphus (& 0xMagellan)? pic.twitter.com/GzIVLJirLE — NFT Ethics (@NFTethics) October 6, 2023 Both NFT Ethics and blockchain...

How can companies reach a balance between innovation and protection in Web3? This decentralized network employing AI tools combats NFT fraud and wash trading. Brands and creators exploring Web3 are wary of IP fraud and wash trading risks, but AI-powered technologies can detect such problems and make this emerging ecosystem safer for all participants. Web3 is about to knock on every brand’s door. Innovations like nonfungible tokens (NFTs) offer unique benefits for creators and brands, like securing ownership on the blockchain, establishing direct connections with audiences and offering customized experiences. Despite the unprecedented Features , the reality slap can be painful. Many companies and brands that want to become early adopters of Web3 realize that this is a complex, fragmented and underregulated landscape that leaves room for intellectual property (IP) fraud and other risks. The decentralized nature of Web3 can democratize interactions and encourage a fair economic model, ...