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Jury Convicts Profit Connect’s Brent Kovar Over $24M ‘AI Crypto’ Scheme
Brent Kovar, the founder of Profit Connect, has been convicted on 15 counts of fraud and money laundering for a scheme that defrauded at least 400 investors out of $24 million. Prosecutors argued that Kovar falsely pitched an AI-powered cryptocurrency operation, using investor funds to cover operating costs, purchase a house for himself, and pay off earlier investors instead of generating profits.
The DOJ is reportedly asking Reddit and X for the identities of anti-ICE posters
The Justice Department has reportedly issued grand jury subpoenas to Reddit and X, demanding the identities of users who posted information related to ICE. This action raises concerns about user privacy and data access.
AI Yi-Yi!
The Justice Department has expressed concerns regarding Anthropic's trustworthiness for use in warfighting systems. Reports indicate the Defense Department plans to train AI models, raising questions about the ethical implications and safety of AI in military applications.