Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation. source: https://cointelegraph.com/news/canadian-crypto-king-aiden-pleterski-fraud-money-laundering-charges

According to Odaily, Reddit and OpenAI have announced a partnership to integrate Reddit's content into ChatGPT and other OpenAI products. This collaboration aims to enhance the capabilities of OpenAI's products by leveraging the vast amount of user-generated content available on Reddit. The partnership is expected to bring significant improvements to the functionality and user experience of OpenAI's products, including ChatGPT. By incorporating Reddit's content, these products will have access to a broader range of data, which could potentially lead to more accurate and diverse responses from AI models. Further details about the partnership, such as the specific OpenAI products that will incorporate Reddit's content and the timeline for implementation, have not been disclosed. The impact of this collaboration on Reddit's user experience and OpenAI's product development remains to be seen.

25-year-old Aiden Pleterski, the Crypto King, has been arrested for fraud and money laundering after a 16-month investigation. Another individual, Colin Murphy, has also been charged. source: https://www.benzinga.com/markets/cryptocurrency/24/05/38880561/ontarios-crypto-king-aiden-pleterski-arrested-for-alleged-investment-fraud?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Vitalik Buterin wrote on Warpcast citing "Instructions for Directional Stock Plan in Reddit IPO (U.S. Citizens Only)": "Strongly support Reddit's attempt at contributor ownership. I know this is entirely a matter of regulation, not Reddit itself, but it makes I feel sad. That’s why we support Crypto; it’s a global economy.” According to previous news, Reddit submitted an IPO application on the New York Stock Exchange and stated that it would invest part of its excess cash reserves in Bitcoin and Ethereum, and may continue to make such investments in the future.

The partnership with Google marks Reddit’s first known agreement with a significant AI company. source: https://cointelegraph.com/news/google-seals-ai-training-deal-with-reddit

Bitcoin jumped to $52,000 while eth overtook $3,000 again after Reddit Inc revealed they hold both in treasury reserves. source: https://www.trustnodes.com/2024/02/22/reddit-bought-bitcoin-and-ethereum

The company said it may continue buying more in the future. source: https://bitcoinmagazine.com/business/reddit-invests-excess-cash-reserves-into-bitcoin

Social media giant Reddit reportedly intends to launch its initial public offering (IPO) in March after nearly three years of hiring IPO advisers. source: https://cointelegraph.com/news/reddit-to-launch-ipo-in-march-report