Sam Bankman-Fried is now set to be released on December 14, 2044—over four years earlier than originally scheduled—due to good behavior, participation in prison programs, and time served. Former Alameda Research CEO Caroline Ellison is expected to be released in May 2026.

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OpenAI has established a legal entity in South Korea and plans to open a Seoul office in the coming months to expand AI adoption and deepen local partnerships.

South Korea has the largest number of paid ChatGPT users outside the U.S. This will be OpenAI’s third office in Asia, following Japan and Singapore.

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Dubai Land Department has launched a tokenized real estate initiative on the XRP Ledger, enabling fractional property ownership starting from AED 2,000.

It targets a AED 60bn ($16bn) tokenized property market by 2033, supporting Dubai’s Real Estate Sector Strategy 2033.

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Russia’s Ministry of Justice has drafted a bill that classifies digital currency as property subject to seizure and confiscation, aiming to formalize procedures for handling such assets in criminal cases.

The proposal includes measures to preserve digital assets, such as allowing investigators to seize devices with access keys or request courts to freeze transactions, and involves expert oversight to ensure secure handling during legal proceedings.

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Blum co-founder and former Binance CIS executive Vladimir Smerkis has been arrested in Moscow on charges of large-scale fraud.

⚫The arrest reportedly relates to earlier ventures where investors lost at least $15m
⚫Smerkis previously ran The Token Fund and Tokenbox, both of which collapsed after raising $8m and $7m respectively
⚫On May 15, Blum announced his resignation and confirmed he no longer holds any role in the project
⚫The project team stated operations continue as normal and distanced itself from Smerkis’s legal issues

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Abu Dhabi’s Sovereign Wealth Fund has revealed a $408m investment in BlackRock’s spot Bitcoin ETF in a recent SEC filing, marking one of the largest institutional bets on BTC to date.

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#BTC Retail investors are returning to the market. The current metric stands at 7%, and an increase of 3% will indicate strong demand from retail players.

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Italy to raise capital gain tax on Bitcoin from 26% to 42%: BBG

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Top Crypto News.

1. $800 billion Standard Chartered says #Bitcoin could hit a new ATH before the US election.

2. Trump Raises $7.5 Million in Cryptocurrencies.
Trump 47 committee has raised $7.5 million in #cryptocurrencies from July 1 to September 30, accepting BTC, ETH, XRP, USDT, and USDC.

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