According to Odaily, Ann Altman, the sister of OpenAI CEO Sam Altman, has filed a lawsuit accusing her brother of sexual abuse from 1997 to 2006. The case was lodged in the U.S. District Court for the Eastern District of Missouri, alleging that the abuse occurred at their home in Clayton, Missouri, beginning when Ann was 3 years old and Sam was 12. The lawsuit claims the abuse happened several times a week. As a result of the alleged incidents, Ann Altman reportedly suffers from severe emotional distress, mental anguish, and depression, which are expected to persist. Although Ann has previously made public accusations against her brother on platforms like X, this marks her first legal action against him. The lawsuit seeks a jury trial and damages exceeding $75,000. In a joint statement with their mother and brother on X, Sam Altman has denied the allegations.

According to Odaily, Elon Musk recently addressed payment-related topics on the X platform during an X stream session. Musk stated that there are no immediate plans to use cryptocurrencies for payments, citing the need for licenses. He emphasized that the current focus is on improving the use of fiat currencies.

According to BlockBeats, Frank Richard Ahlgren III, the first American convicted of tax crimes related to cryptocurrency trading, has been sentenced to two years in prison. Ahlgren is also required to surrender the keys to access his cryptocurrency assets.

Court documents reveal that Ahlgren was accused of concealing at least 1,287 bitcoins through a mixing service, which are currently valued at over $124 million. He previously pleaded guilty to underreporting capital gains taxes on $3.7 million worth of bitcoin transactions and was ordered to pay $1 million in tax loss compensation to the U.S. government.

Judge Robert Pitman of the federal court in Austin, Texas, has mandated that Ahlgren hand over the keys and devices storing these digital assets and disclose all cryptocurrency accounts. Ahlgren is prohibited from transferring, selling, or depleting any property without court approval, except for normal living expenses. His attorney, Dennis Kainen, stated that Ahlgren will comply with the court's orders.

According to Cointelegraph, a Canadian volunteer moderator of a cryptocurrency forum has reportedly gone into hiding with his family following an alleged kidnapping attempt. The incident involved kidnappers who purportedly tried to abduct him to forcefully obtain his Bitcoin holdings. The victim, whose identity remains undisclosed, recounted to Canadian French language news outlet La Presse that he witnessed the assailants preparing for a violent attack before he and his children managed to escape.

The victim described the attackers as having equipment intended for torture, including a tarpaulin with a hole and hoses designed to sever a limb and stop the bleeding. This incident is part of a growing trend of robberies, kidnappings, and muggings linked to cryptocurrencies over the past year. The victim and his children have been moving between Airbnb locations to conceal their whereabouts, with police concluding that the motive was to steal funds from his crypto wallet. The perpetrators allegedly believed he possessed 2.5 million Bitcoin based on his posts on a Facebook page he moderated, although he claims to have only $10,000.

The victim initially reported the threat to police on November 4 after two masked men threatened him outside his home, but they fled when he managed to close the door. On November 8, he noticed a suspicious car without a license plate near his home and was followed while driving. During a call to the police, he had a gun pointed at him after pulling over. Four individuals were arrested, with two appearing in the Victoriaville courthouse last November, accused of conspiring to kidnap and possessing prohibited firearms. They were released pending a trial scheduled for March but remain under house arrest.

The victim expressed dissatisfaction with the Court of Quebec's decision to release the suspects on bail, as he has been forced to deplete his savings to evade his alleged kidnappers. Bitcoin cypherpunk Jameson Lopp has documented at least 181 incidents involving crypto-related robberies, kidnappings, and murders since December 2014, including several recent cases during the holiday season. These incidents highlight the risks associated with flaunting wealth on social media and engaging in peer-to-peer trades with untrusted individuals. Lopp advises maintaining a low profile to reduce the likelihood of being targeted by criminals.

According to Odaily, OpenAI CEO Sam Altman recently shared on X that the company is experiencing unexpected losses from its Pro subscription service. Altman noted that the frequency of usage by subscribers has significantly exceeded their initial expectations, leading to the current financial situation.

According to Odaily, Michael Saylor has reiterated his intention to destroy the keys to his Bitcoin holdings after his death. He described this action as a proportional contribution to everyone in the world who owns Bitcoin.

According to Cointelegraph, a California resident has initiated legal action against three Asia-based banks, alleging their failure to conduct essential checks allowed crypto scammers to defraud him of nearly $1 million. The lawsuit, filed in a California district court on December 31, 2024, by attorneys representing Ken Liem, claims he fell victim to a 'pig butchering' scam after being approached on LinkedIn in June 2023 with a cryptocurrency investment proposal.

Liem's legal team asserts that he was convinced to transfer funds over several months to individuals posing as crypto investors. These funds were reportedly deposited into accounts at Hong Kong's Fubon Bank Limited, Chong Hing Bank Limited, and Singapore's DBS Bank Limited, before being transferred to other third-party accounts. The lawsuit accuses these banks of neglecting to perform adequate Know Your Customer (KYC) and Anti-Money Laundering checks, which could have flagged concerns about the account holders and potentially prevented the opening of these accounts.

The attorneys argue that the banks likely recognized a high probability that the account holders intended to defraud victims, as a basic review would have shown a lack of credible evidence supporting the legitimacy of their business activities. The lawsuit further claims that the banks turned a blind eye to illicit funds moving from the United States to various Asian entities whose accounts they managed, thereby facilitating the extraction of substantial sums that financed pig-butchering scams.

Additionally, the suit accuses the banks of failing to adhere to the US Bank Secrecy Act, which mandates financial institutions to maintain detailed transaction records and report suspicious activities to the US Department of Treasury’s Financial Crimes Enforcement Network. Liem's attorneys argue that the banks are subject to this Act because DBS operates a branch in California, and Fubon and Chong Hing processed transactions through Liem's account at Wells Fargo, a US bank.

The lawsuit also targets Hong Kong-based entities Richou Trade Limited, FFQI Trade Limited, Xibing Limited, and Weidel Limited, accusing them of unlawfully diverting Liem's funds to third-party accounts and falsely claiming the funds would be used for cryptocurrency investments. Liem's legal team is seeking a jury trial and a minimum of $3 million in damages. At the time of publication, Fubon Bank Limited, Chong Hing Bank Limited, and DBS Bank Limited had not responded to requests for comment, and the Hong Kong-based entities could not be reached.

According to ShibDaily, Ethereum co-founder Vitalik Buterin has expressed concerns over Elon Musk's handling of discourse on the social media platform X, formerly known as Twitter. In a post dated December 31, Buterin acknowledged Musk's dedication to free speech but cautioned against the excessive use of censorship tools, often referred to as the "social media banhammer." Buterin emphasized the importance of maintaining a balanced tone in discussions and warned against silencing dissenting voices, stating that respecting free speech is challenging when faced with disagreeable opinions.

Buterin's comments came in response to Musk's defense of the H-1B visa program, which allows companies in the United States to employ foreign workers. Musk had highlighted the significance of the program in building successful companies like SpaceX and Tesla. However, his stance drew criticism from some supporters of President-elect Donald Trump, who argued that hiring foreign tech workers could limit job opportunities for American citizens. Additionally, Musk faced accusations of censorship from some conservatives, who claimed that his platform had restricted features for accounts critical of his views.

Buterin advised Musk to be mindful of his influence and the tone he sets in public debates, suggesting that leaders play a crucial role in shaping discourse. He urged for a more positive approach to achieving humanity's goals, such as reaching Mars, rather than adopting a "wartime mode." Buterin is known for his commitment to using technology for the greater good, focusing on ethics, inclusivity, and innovation. His recent donation to the legal defense fund for Tornado Cash developers Roman Storm and Alexey Pertsev underscores his advocacy for decentralization and privacy within the blockchain ecosystem. Buterin has previously acknowledged using Tornado Cash for legitimate purposes, such as protecting recipient identities during donations to Ukraine amid its conflict with Russia.

This article is intended for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

According to Odaily, Cointelegraph reported on the X platform that Elon Musk's recent change of his profile picture and platform name to Kekius Maximus may lead to a surge in fraudulent tokens related to Kekius Maximus. The community is advised to remain vigilant against potential scams.

According to Odaily, Cointelegraph reported on the X platform that Elon Musk's recent change of his profile picture and platform name to Kekius Maximus may lead to a surge in fraudulent tokens related to Kekius Maximus. The community is advised to remain vigilant against potential scams.