Artem Stryzhak was sentenced to 70 months in prison after pleading guilty to using Nefilim ransomware in attacks.

The post Ukrainian Hive and Nefilim Ransomware Affiliate Gets 70 Months in US Prison appeared first on SecurityWeek.

In copyright lawsuits over AI training, Meta has spent weeks blaming staff for downloading torrents. The company has now been ordered to name executives who authorized decisions to pirate books from shadow libraries like Anna’s Archive and LibGen, TorrentFreak reported.

In a discovery order impacting a class action raised by book authors—including Richard Kadrey and Sarah Silverman—as well as a lawsuit from publisher Entrepreneur Media, Magistrate Judge Thomas Hixon largely agreed that Meta must clearly identify key decision-makers. Following testimony from Meta staff who downloaded torrents, the order could expose a wider range of supervisors, managers, and executives whom staffers said greenlit the piracy.

Meta had been hoping to avoid detailing the chain of command, particularly for leadership involved in early AI training. According to a Meta court filing, its initial efforts to compile massive AI datasets were managed through an “informal approach" where supposedly nobody with authority made any decisions. Instead, Meta insisted that a “decision” was “made only in the sense” that some staffers “technically” downloaded torrents.

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Bitcoin Magazine

Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold

Bitcoin miners already have the power, the land, and the substations that AI needs. Frank Holmes, executive chairman of HIVE Digital Technologies, explains why he calls Bitcoin mining a “tier one” data center, how GPUs that once mined Ethereum led HIVE into AI, and why he thinks the next wave of AI factories will be built on mining infrastructure from Paraguay to Canada.

Chapters:
0:00 Frank Holmes on HIVE: From Gold Investor to Bitcoin Miner to AI Compute
2:12 How ETFs Changed Bitcoin: From the Fear Trade to the Love Trade
4:20 The Binance $19 Billion Liquidation and the $350 Trillion Money Supply
5:45 Gamers, Younger Quants, and Why Bitcoin Will Keep Gaining Adoption
7:29 Covid’s $40 Trillion of Money Printing and the Global MMT Risk
9:24 China, Russia, and Why Bitcoin Is a Tier One Data Center
11:33 China’s Bitcoin Mining, $1.4 Trillion of Lending, and Central Banks Buying Gold
13:44 Paraguay’s Central Bank and Bitcoin Mining as an Export
14:57 Compute as a Commodity: Canada’s AI Push and Bitcoin Miners’ Power Advantage
20:34 Where to Find Frank Holmes’s Weekly Investor Alert Newsletter

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This post Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold first appeared on Bitcoin Magazine and is written by Patrick Green.