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Crypto Trader Naseem Under Scrutiny for $100M Trump Coin Profit

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📈 Preview On Today’s News:
- Crypto Trader Naseem Under Scrutiny for $100M Trump Coin Profit
- Libra Co-Creator Allegedly Bought Influence Over Argentine President Milei Using His Sister
- Tether’s $1T Bet on AI-Powered Brain Tech Sparks Debate
Keep reading below for more!
Have you heard of Chain of Thought?
Today’s News:
1)
Crypto Trader Naseem Under Scrutiny for $100M Trump Coin Profit
Blockchain tracking platform Bubblemaps revealed that prominent crypto trader ‘Naseem’ made a $100 million profit from Trump Coin ($TRUMP), purchasing $1.09 million worth of tokens in the first second of trading. The suspiciously timed trade raised concerns of insider trading, with Bubblemaps linking Naseem to multiple wallets and a Binance deposit address connected to other players in the trade. Naseem allegedly paid an $84,000 bribe to prioritize his transaction but denied any insider knowledge, claiming his team merely monitored blockchain activity closely.
Naseem executed a highly profitable $TRUMP trade in the first second of trading, raising insider trading suspicions.
Bubblemaps’ investigation linked him to multiple wallets and an $84,000 bribe, but Naseem denies wrongdoing, stating his team simply tracked blockchain data.
2)
Libra Co-Creator Allegedly Bought Influence Over Argentine President Milei Using His Sister
Hayden Davis, co-creator of the Libra token and CEO of Kelsier Ventures, allegedly claimed in text messages that he had control over Argentine President Javier Milei by making payments to Milei’s sister, Karina Milei, a powerful figure in his government. The messages, obtained by CoinDesk, suggest Davis leveraged these payments to influence Milei’s promotion of the now-infamous Libra memecoin, which soared in value before crashing over 95%, leaving investors with massive losses. While Davis denies making such payments, the allegations have intensified an anti-corruption probe into Milei’s administration, with opposition leaders even considering impeachment proceedings.
Text messages suggest Hayden Davis claimed to control President Milei by paying his sister, allegedly influencing the promotion of Libra memecoin before its collapse.
Davis denies making payments, but the allegations have fueled an anti-corruption probe, raising the possibility of impeachment proceedings against Milei.
3)
Tether’s $1T Bet on AI-Powered Brain Tech Sparks Debate
Tether is making a bold $1 trillion investment into merging human cognition with artificial intelligence through its open-source BrainOS project, aiming to counter corporate monopolization of brain-computer interfaces (BCIs). Backed by BlackRock Neurotech, the initiative seeks to enhance cognitive speed and precision, potentially revolutionizing industries like scientific research by bypassing traditional input methods. However, concerns over centralized control and ethical implications persist, with critics arguing that regulatory bodies, particularly in the EU, are more focused on oversight than fostering competitiveness. The project's success hinges on widespread adoption and ethical governance, as AI-driven automation continues to reshape the global labor market.
Tether's $1T-backed BrainOS project, developed with BlackRock Neurotech, aims to democratize AI-driven brain-computer interfaces to enhance human cognition.
While promising breakthroughs in automation and scientific research, the project raises concerns over centralized control and regulatory hurdles, particularly in the EU.
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