US Opposes Ex-FTX Exec’s Motion to Void Plea Deal
The US Attorney’s Office opposes former FTX co-CEO Ryan Salame‘s bid to void his guilty plea on campaign finance charges. The United States Attorney’s Office is opposed to a petition from Ryan Salame, the former co-CEO of FTX Digital Markets, to nullify his guilty plea as part of charges related to campaign finance violations. Prosecutors […]
US Policymakers Criticize California AI Bill
In response to criticism from Speaker Emerita Nancy Pelosi, California State Senator Scott Wiener defended an AI bill, urging that safety should not be utterly dependent on technology companies and VCs. The Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, also known as Senate Bill 1047, in California mandates that AI developers establish […]
Raoul Pal Warns US Could Manipulate Bitcoin by Stockpiling 4 Million BTC
Raoul Pal, a former executive at Goldman Sachs, does not believe that the US government’s accumulation of millions of Bitcoin (BTC) is entirely beneficial for the crypto monarch. Robert F. Kennedy Jr., an independent presidential candidate, declared at the recent Bitcoin2024 Conference that his administration would accumulate four million Bitcoin as a strategic reserve asset […]
Trump Says To Tackle US Inflation Amid Fed’s 50 Bps Rate Cut
The US inflation debate intensifies as Trump criticizes Biden’s management, and the Federal Reserve is considering a potential rate cut in September. Donald Trump has accused the Biden administration of causing high US inflation and has pledged to reduce it if he is reelected. This occurs amid the Federal Reserve’s ongoing exploration of a potential […]
US DOJ Suggests Severe Charges For AI-aided Crimes
The US DOJ (Department of Justice) has requested that the United States Sentencing Commission revise its guidelines to include penalties for AI-aided offenses. The US DOJ may soon see harsher sentencing due to the use of AI to plot, commit, or cover up a plan.The legal alert issued by the law offices of White & […]