ChainCatcher news, according to Decrypt, 26-year-old former OpenAI employee Suchir Balaji publicly accused the company of unethically using data to train its artificial intelligence platform, and was later found dead in his San Francisco apartment from suicide*.*Suchir Balaji served as a research engineer at OpenAI from November 2020 to August 2024. In an interview with The New York Times, he stated that he helped OpenAI train ChatGPT using a large amount of data collected from the internet without permission, until its public release in November 2022.Among other allegations, The New York Times reported that the company created its own transcription software and ran it on YouTube to collect data. According to authorities, on November 26, police and medical personnel were called to Balaji's home to check on his well-being, and subsequently found him dead in his apartment. "The Office of Chief Medical Examiner (OCME) has confirmed the deceased as Suchir Balaji, 26, from San Francisco," the medical examiner's office stated in a release. "The cause of death has been determined as suicide."

ChainCatcher message, Solana co-founder Toly (Anatoly Yakovenko) posted on X: "I estimate that about $250 billion worth of crypto startups have left the San Francisco Bay Area because California representatives failed to curb Warren's overreach. Anywhere else in the world would do whatever it takes to keep these startups there."

ChainCatcher news, according to a report by Fortune magazine, the social media platform "X" stated in a brief note to employees on Thursday that its long-term office in San Francisco and global headquarters will close in two weeks on September 13 (Friday).In 2012, Twitter took over the 1 million square foot building, and shortly after Musk became the owner of Twitter two years ago, he laid off thousands of employees, auctioned off most of the furniture, and removed the large Twitter sign from the exterior of the building. Since then, several floors of the building have effectively remained closed.Since CEO Linda Yaccarino indicated in an email at the beginning of August that the San Francisco office would close, the company has not communicated any further information to employees. Employees in San Francisco will be transferred to offices in San Jose or Palo Alto. X's headquarters is expected to move to Texas, where other Musk companies such as Tesla, SpaceX, and Boring Co are also headquartered.

ChainCatcher News, Ripple co-founder Chris Larsen donated $250,000 to a series of proposals put forward to San Francisco Mayor London Breed, which could give police more power in using surveillance technology, drones, and pursuing suspects. According to local media SFS, Larsen is currently the largest donor, having provided $350,000 for the ballot measure campaign sponsored by Breed ahead of next year's election.

ChainCatcher news, according to The San Francisco Standard, a federal judge in San Francisco ordered young hacker Ahmad Wagaafe Hared, who is accused of stealing cryptocurrency from a North California cryptocurrency executive, to hand over nearly $5.2 million worth of Bitcoin along with a sports car to the FBI.Prosecutors stated that Hared and his accomplices first obtained the personal contact information of executives and investors, contacted mobile service providers, and manipulated company representatives into believing they were the legitimate owners of the target phone numbers. Hared then transferred the target phone numbers to his own phone, conducting a SIM swap. After that, Hared accessed emails and other accounts, stealing cryptocurrency. Hared signed a plea agreement in 2019.

ChainCatcher message indicates that, according to job postings on Indeed, the Federal Reserve Bank of San Francisco is looking for a cryptocurrency architect for central bank digital currency project development. This position has been open for over 30 days.The position is full-time and hybrid, with a starting annual salary of $134,900. Candidates are required to have "knowledge of distributed systems implementation, including hash algorithms, public and private key pairs and signatures, consensus algorithms, and security."

ChainCatcher news, encrypted KOL Julian Traversa tweeted that the Discord channel of the DeFi project Fei Protocol has been taken over by the Superior Court of San Francisco, USA. A document from the San Francisco Superior Court shows that Fei Labs is facing a class-action lawsuit, with plaintiffs claiming that it failed to comply with the registration requirements of securities laws when selling FEI and TRIBE tokens during the "Genesis Event" from March 31, 2021, to April 3, 2021. The parties have reached a settlement, establishing a $17.85 million settlement fund to pay individuals or entities that timely submit valid proof of claim. (source link)

ChainCatcher news, Jack Dorsey confirmed on the decentralized social protocol Nostr that Bob Lee, former CTO of Square and creator of Cash App, was fatally stabbed in San Francisco early Tuesday morning local time. (Source link)

ChainCatcher news, the San Francisco Federal Reserve Bank is looking for software developers to help research and design Central Bank Digital Currency (CBDC), having posted job openings for digital currency application architects, application developers, chief application developers, etc. on LinkedIn.It is reported that the application architect will play a key role in designing the CBDC and overseeing its development, and will be responsible for guiding engineers and formulating a roadmap related to "balancing tactical and strategic needs." One of the qualifications for this position is experience with digital payment systems, cryptocurrencies, or other CBDCs. (Decrypt)