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On August 23, Rezaei, Secretary of Irans Supreme National Security Council, warned Gulf states against joining the US-imposed economic sanctions against Iran, stating that Tehran would retaliate against these countries interests. "If Irans neighbors join the US economic war, the Persian Gulf and the Strait of Hormuz will be completely depleted of oil, and we will also target other oil export routes in the Persian Gulf," he said. Rezaei also claimed that Trump launched the economic war against Iran at the urging of Israeli Prime Minister Netanyahu. He said Trump was initially skeptical of the idea, but Netanyahu persuaded him to test it for two to three months before assessing whether to continue for another six months. "What the enemy hopes for is division and discord," he reiterated, emphasizing Irans unity.According to Al Jazeera, sources familiar with the matter said that Pakistan’s first Chief of Defence Forces, Asim Munir, is expected to return to Tehran in the coming days.A 5.9-magnitude earthquake struck southern Ibaraki Prefecture, Japan, early on the 23rd. No abnormalities have been detected at several nuclear facilities near the epicenter. NHK, citing power company sources, reported that no abnormalities have been detected at the Fukushima Daiichi, Tokai, and Tokai Daini nuclear power plants, all located near the epicenter, and radiation monitoring readings around the plants have not shown significant changes.On August 23, it was reported that price competition for large-scale AI models has intensified recently, with several US AI companies lowering prices for their models. OpenAI, the US-based Open AI Research Center, announced on the 21st that it would reduce the base price of its cutting-edge GPT-5.6 Sol model for developers by over 20%, effective immediately. This discounted price will be valid for three months. At the end of last month, OpenAI also lowered the prices of other models, with mid-range models reduced by 20% and low-cost models by 80%. Furthermore, Google, a subsidiary of Alphabet, recently released Gemini 3.7 Flash and simultaneously lowered its price, making it approximately half the price of the previous version. Some US media analysts believe that the increasingly fierce price competition for large-scale AI models, particularly the open-source and pricing strategies of some Chinese AI companies, has put pressure on US companies.The statement indicates that Canadian Prime Minister Mark Carney held a video conference with provincial and territorial leaders to discuss suspending trade negotiations with the United States. Carney outlined next steps to protect Canadian interests, including retaliatory tariffs that will take effect on Tuesday after Labour Day.

U.S. prosecutors launch website for Bankman-Fried alleged fraud victims

Skylar Shaw

Jan 09, 2023 16:13

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The U.S. government has launched a website for victims of FTX cryptocurrency exchange founder Sam Bankman-Fried’s alleged fraud to communicate with law enforcement.


In an order late Friday night, U.S. District Judge Lewis Kaplan in Manhattan authorized federal prosecutors to use the website, and not have to contact victims individually.


FTX could owe money to more than 1 million people, making it “impracticable” to contact each, prosecutors had said.


Federal law requires prosecutors to contact possible crime victims to inform them of their rights, including the rights to obtain restitution, be heard in court and be protected from defendants.


“If you believe that you may have been a victim of fraud by Samuel Bankman-Fried, A/K/A/ ‘SBF,’ please contact the victim/witness coordinator at the United States Attorney’s office,” the website read. The website had gone live by Friday afternoon.


Bankman-Fried, 30, has pleaded not guilty to eight counts of wire fraud and conspiracy over November’s collapse of FTX.


Prosecutors have said he stole billions in FTX customer deposits to pay debts for his hedge fund, Alameda Research, and lied to investors about FTX’s financial condition.


The onetime billionaire has acknowledged risk management shortcomings, but said he did not consider himself criminally liable.


Neither the U.S. Attorney’s office in Manhattan nor Bankman-Fried’s lawyers immediately responded to requests for comment on Friday.