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Reading: U.S. Makes Historic $15 Billion Bitcoin Forfeiture in Major Fraud Case
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Bitcoin

U.S. Makes Historic $15 Billion Bitcoin Forfeiture in Major Fraud Case

News Desk
Last updated: October 15, 2025 9:39 am
News Desk
Published: October 15, 2025
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In a recent essay, Jack Clark, co-founder of the acclaimed AI startup Anthropic, shared his reflections on the nature of artificial intelligence. He likened it to a “real and mysterious creature,” emphasizing that it is not merely a predictable machine but a complex entity shaped by human hands. This duality brings both optimism and trepidation, as Clark noted he feels “deeply afraid” about the implications of AI’s growing agency and capabilities. He advocated for more dialogue focused on understanding public concerns rather than just promoting technological perspectives.

In other tech news, the U.S. Department of Justice announced on Monday a historic seizure of approximately $15 billion in Bitcoin tied to a major scam operation. The alleged perpetrator, Chen Zhi, is accused of running a “pig butchering” scheme from Cambodia, which involved deceiving victims into investing their crypto assets. Zhi, the founder and chairman of the Prince Group, has been charged with serious offenses, including wire fraud conspiracy and money laundering. His conglomerate has garnered attention from the Treasury Department, which has categorized it as “one of Asia’s largest transnational criminal organizations.” Zhi remains at large and could face up to 40 years in prison if found guilty.

Meanwhile, OpenAI is preparing to rejuvenate the personality of its popular ChatGPT application. CEO Sam Altman announced that upcoming updates will allow the AI to engage users with more spirited interactions, in a shift from its current, more restrained demeanor. Altman expressed confidence in the new measures to mitigate concerns related to mental health, stating that users will soon be able to interact with ChatGPT in a more human-like manner, even including features like age-gated content for verified adults.

In another development, a novel attack method targeting Android devices, known as “Pixnapping,” poses a significant security risk. This approach involves downloading a malicious app capable of capturing sensitive information from the screen without needing extensive system permissions. With the potential to steal two-factor authentication codes and other vital data, the attack highlights a pressing vulnerability, although Google has yet to observe it being exploited in the wild.

In brief updates, Walmart announced a partnership with OpenAI to allow users to browse and purchase products via ChatGPT, while Intel unveiled its new AI chip designed for inference, named “Crescent Island.” The smart ring company Oura reached a valuation of $11 billion after its latest funding round. Additionally, Microsoft has ended support for Windows 10, a platform that still runs on 40% of PCs. Spotify and Netflix are collaborating to bring select vodcasts to subscribers, and Meta has restructured Instagram’s teen accounts to align with PG-13 movie ratings. Lastly, DirecTV is introducing “custom shoppable TV screensavers,” enhancing viewer engagement.

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