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first_img Sun Yuchen wins court support in WLFI dispute, personal claims to be publicly heard

Sun Yuchen stated that his lawyer recently appeared in federal court in California to oppose World Liberty Financial (@worldlibertyfi)'s request to force the dispute into confidential arbitration and seal documents. The court ruled that all of Sun Yuchen's personal claims will continue to be heard in open court; at the same time, it rejected the suggestion to submit all company-related claims to arbitration and required both parties to negotiate which claims will remain in court and which will go to arbitration. Sun Yuchen called this a significant victory, emphasizing that token holders have the right to know how the project treats its trusters.Sun Yuchen stated that as one of the earliest and largest investors in World Liberty, he invested $45 million to obtain $WLFI tokens. The lawsuit alleges that after this investment helped raise approximately $550 million in token sales, the project secretly embedded a backdoor in the smart contract that could unilaterally freeze, restrict, or destroy token holders' tokens, and based on this, illegally seized his tokens, even threatening him with criminal reports during his rights protection efforts. The lawsuit claims damages amounting to hundreds of millions of dollars. He has previously obtained a court injunction prohibiting the other party from destroying or disposing of his tokens.Sun Yuchen also stated that World Liberty similarly embedded backdoor capabilities in its USD1 stablecoin and mentioned that the project had pledged a large amount of $WLFI tokens as collateral in Dolomite lending, as well as public information regarding co-founder past lawsuits related to Dough Finance, expressing concerns about the project's solvency and transparency, urging investors to conduct their own due diligence and remain cautious. The above content is all his unilateral statements and accusations.

ZachXBT: American female scammer impersonates customer service to steal over 5 million dollars in cryptocurrency assets

On-chain detective ZachXBT posted that U.S. threat actor Tiffany Milanovich participated in the theft of approximately $5 million in crypto assets by impersonating hardware wallet and centralized exchange customer service.Her methods included disguising as Bitcoin IRA email support, during one attack transferring about $1.2 million in BTC and ETH from the victim's Trezor wallet, and in another case stealing about $500,000 in BTC from a Coinbase account. Tiffany induced victims to hand over access to their funds under the guise of "customer service calls," later boasting about the stolen money on social media and Telegram groups, mocking victims with recordings, and collaborating with other threat actors to launder money using phishing panels and instant exchange services, with some of the stolen funds still dormant on-chain.The threat actor codenamed "Tiffany" is suspected of participating in multiple crypto asset thefts, gambling the stolen funds at crypto casinos. The platform Shuffle has frozen related accounts based on evidence submitted by ZachXBT; Tiffany previously shared a search and seizure warrant from Connecticut, dated before some of the incidents involved.ZachXBT has obtained chat logs, recordings, and on-chain evidence, anticipating that this individual may face further legal consequences. This threat actor is also linked to the John Daghita (Lick) case, who is suspected of stealing over $46 million in crypto assets from a U.S. government-seized wallet.

hot_img OpenAI publicly responds to Apple's lawsuit: describes it as "careless, aggressive, and personal," stating that Apple mistakenly sent a lawyer's letter and confused the recipient

OpenAI issued a public statement on August 3 in response to the lawsuit filed by Apple. OpenAI described Apple's lawsuit as "careless, aggressive, and personal," and pointed out several factual inaccuracies: an external lawyer from Apple mistakenly sent an email intended for someone else to OpenAI's legal head, falsely claiming that the two parties had spoken over the phone; Apple later admitted it was due to "confusing two Asian surnames." OpenAI also revealed that after contacting Apple in February, Apple stated it was "working to resolve any issues," but then did not communicate for 5 months until filing the lawsuit.Regarding the allegations against former Apple employee Chang Liu for taking confidential information, OpenAI presented iMessage records from after his departure showing that Apple colleagues had proactively contacted him to request assistance in locating documents, and acknowledged that this was a common issue caused by Apple's "poor management of exit access." Another named executive, Tang Tan, had worked at Apple for over 24 years, and OpenAI stated that he had consistently required his team "not to use any confidential information from other companies." OpenAI indicated that it had proactively offered to cooperate in resolving the matter, but Apple chose to file a lawsuit, claiming that its request for a preliminary injunction was "based on false information and completely unnecessary." Previously, Apple sued OpenAI in July, accusing it of poaching Apple employees and using confidential information to develop AI products.
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