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That Fyre Fest tweet with the sad sandwich will be auctioned as an NFT for medical expenses

The Verge

“With how hot the NFT market is right now I figured I’d give it a shot and could hopefully raise enough money that I wouldn’t need to rely on a GoFundMe to pay for my medical expenses,” DeHaas said in an email to The Verge. Kendall Jenner was among the celebrities paid $250,000 to promote the event , which guests paid up to $12,000 to attend.

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Who’s profiting from the Bored Ape digital land sale?

TechCrunch

The Yuga Labs digital land sale this weekend , a mass-mint of new NFTs that temporarily clogged the Ethereum blockchain, is not just making money for the company behind the new set of images that may figure in a future digital service. Crypto Bahamas signals stronger ties between old and new worlds of finance. But I wonder.

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Sam Bankman-Fried launches Substack: ‘I didn’t steal funds, and I certainly didn’t stash billions away’

TechCrunch

On January 3, Bankman-Fried pled not guilty to all eight counts of criminal charges, which included wire fraud, conspiracy to commit money laundering and conspiracy to misuse customer funds, among others. judge released Bankman-Fried on a $250 million bail bond after he was extradited to America from the Bahamas. Last month, a U.S.

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Coral Vita cultivates $2M seed to take its reef restoration mission global

TechCrunch

At the time, the operation was both smaller and under siege by Hurricane Dorian, which wiped out the team’s coral farm in the Bahamas — and then, of course, the pandemic arrived just in time to spoil the team’s 2020 plans along with everyone else’s. Image Credits: Coral Vita. Image Credits: Coral Vita.

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Flying taxi startup Lilium will build a hub for its electric aircraft in Florida

The Verge

Image: Lilium. It will work with the primary real estate developer in the area, Bahamas-based Tavistock Development Company, on the development and construction of the vertiport. Lilium denies it was seeking to raise that much money, citing lower labor costs in Germany.

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Remembering the startups we lost in 2022

TechCrunch

Image Credits: Argo AI. It wasn’t from lack of interest — or money. Image Credits: Tom Williams/CQ-Roll Call, Inc / Getty Images. By December 12, Bankman-Fried had been arrested in the Bahamas. Image Credits: Haus. Image Credits: Kite. The next day, the U.S.

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Twitter battles all things ElonJet, SBF gets arrested, and OpenAI tries to figure out watermarking

TechCrunch

SBF arrested : Sam Bankman-Fried, founder of the FTX cryptocurrency exchange/Gordian knot that exploded oh-so-dramatically over the last few months, was arrested in the Bahamas this week. Image Credits: Instagram. ” How much money should you raise for your startup? : Shortly thereafter, the U.S. audio roundup.

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