Good day, heroes! We have some breaking news on a major crypto figure, but first, some updates from the TON ecosystem.
The TON community team recently hosted an AMA, offering valuable insights into their $2 million hackathon. They shared tips for participants, encouraging builders to move beyond simple tap-to-earn games and develop more engaging, complex experiences. They also highlighted the need for social-fi mini-apps, creators’ economy tools, e-commerce, and cash-back applications. Competitors were reminded to conduct thorough market research and understand their target audience—great advice for anyone aiming to win the prize!
Now, turning to our main story. According to Bloomberg, a prominent figure in the crypto world has committed to increasing investments in blockchain technology, artificial intelligence, and biotechnology, following a recent release from US custody. Over the weekend, they posted on social media, describing themselves as a long-term investor focused on “impact over returns.” These remarks mark their first public statements since being released from a correctional facility on September 27.
Their company, one of the largest crypto exchanges globally, faced a $4.3 billion fine as part of a settlement with the US government over allegations related to the platform’s misuse. They also agreed to pay a personal fine of $50 million and served four months in custody.
In addition to their plans for investment, they also announced a new nonprofit venture, Giggle Academy, an online education platform, which will be a central part of their future work. Increased charitable efforts were also promised, with a clear focus on making a lasting impact.
According to the Bloomberg Billionaires Index, their net worth exceeds $30 billion, potentially making them the wealthiest individual to have served time in US custody.
That wraps up the headlines for today—stay safe out there, adventurers!