OpenAI CEO Sam Altman raises nearly $100M for crypto project — with help from Sam Bankman-Fried

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OpenAI CEO Sam Altman raises nearly $100M for crypto project — with help from Sam Bankman-Fried
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OpenAI CEO Sam Altman is raising $100 million to fund Worldcoin, a secure, global cryptocurrency that offers free crypto in exchange for a scan of users’ eyeballs. Embattled crypto poster chi…

It’s unclear how much of the $100 million was from by Bankman-Fried or Hoffman.

It’s been slow to get off the ground since it was founded in 2019 as co-founder and OpenAI boss Altman has been busy finalizing a deal with Microsoft where the tech giant invested $10 billion inWorldcoin’s in-beta tech is called The Orb, which captures an image of a user’s iris to onboard them, no matter who they are or where in the world they’re located.

Sam Bankman-Fried is one of Worldcoin’s investors. He’s an alleged fraudster that was charged with swindling investors of his FTX crypto exchange. The multi-year scheme ended when FTX filed for bankruptcy in November.Hence, the database is full of hash codes rather than photos of eyeballs, and users are identified by QR wallet codes rather than their real names, according to TechCrunch.As of Monday, $1 is equivalent to 21.

The report revealed plans to revisit the island later that year, and also to stay the night at Epstein’s Manhattan townhome to attend a “breakfast party” with the convicted sex offender the next morning.

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