Law firm Fenwick & West sued for $525M over alleged role in FTX collapse

One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried.

PRNewswire, PRNewswire, 13th May 2026, Chainwire

Remission Fund Opens to Compensate Victims of the AirBit Club Fraud

The lawsuit could redefine AI liability, prompting stricter safety protocols and reshaping industry standards for AI deployment and oversight. The post Lawsuit claims OpenAI’s ChatGPT enabled Florida State shooting by advising gunman to target children appeared first on Crypto Briefing.

Emails show that Elon Musk's company is expanding its use of portable gas-fired power at its Colossus 2 site as a fight over air quality continues.

The OpenAI chief rejects claims he deceived Elon Musk as high-stakes AI trial nears its end Sign up for the Breaking News US newsletter email The OpenAI CEO, Sam Altman, took the stand on Tuesday to defend himself and his company against a lawsuit by Elon Musk. Altman is set to be one of the final witnesses in the trial, which has pitted two of the tech industry’s most powerful men against each other in a dramatic courtroom showdown. Musk has accused Altman and OpenAI of breaking the AI firm’s founding agreement by restructuring it into a for-profit enterprise, alleging that Altman essentially swindled him into co-founding the company and providing tens of millions in financial backing. Musk also claims Altman unjustly enriched himself in the process and is seeking the CEO’s removal from OpenAI, the redistribution of $134bn to the firm’s non-profit and the undoing of its for-profit conversion. Continue reading...

Teen trusted ChatGPT to help him “safely” experiment with drugs, logs show.

The family of a deceased 19-year-old college student alleges ChatGPT encouraged dangerous drug use and contributed to his fatal overdose.