Latest news with #Kony
Business Insider
06-08-2025
- Business
- Business Insider
GAIB Secures Dollars 10M to Accelerate AI Infrastructure Growth in Strategic Investment Round Led by Amber Group
GAIB, the economic layer for AI and compute, today announced a $10M USD strategic investment, led by leading global digital asset company Amber Group, with participation from other Asia-based investors. The investment will be deployed directly into tokenized GPU assets on GAIB's platform, strengthening institutional participation in the AI compute economy. This round reflects the growing flow of institutional capital into AI infrastructure through onchain financial rails. As the AI, crypto, and capital markets converge, GAIB and its strategic backers—including Amber Group—are unlocking direct access to AI yields for everyday investors. By bringing more compute assets onchain, this investment fuels a virtuous cycle where more capital powers more infrastructure, and more participants benefit from the growth of the AI economy. 'Compute is the new oil. As such, it should be accessible, productive, and tradable onchain,' said Kony, CEO and co-founder of GAIB. 'Amber's investment signals the beginning of institutional capital actively backing the economic backbone of the AI era.' Wayne Huo, CEO and Director of Amber International （Nasdaq: AMBR), the Nasdaq-listed subsidiary of Amber Group, said, 'The investment in GAIB reflects our belief in a future where AI, blockchain, and capital markets converge to redefine opportunities. By powering the next wave of onchain compute infrastructure, we're excited to fuel growth with the capital needed to enhance the infrastructure and build an inclusive AI economy for all.' The investment amplifies GAIB's 2025 growth thus far, including $28M in deposits across AID Alpha vaults and new integrations with DeFi protocols. As AI and crypto rails converge, GAIB is building the financial infrastructure to support the next generation of autonomous economies. For more information, users can visit About GAIB GAIB is the first economic layer for AI and compute, transforming GPU-backed assets into yield-generating opportunities. Through AID, GAIB's AI synthetic dollar, investors can seamlessly access the AI economy while earning real yield from AI-powered compute. Staking AID (sAID) provides passive income while maintaining liquidity, enabling broader participation in AI-driven financial markets. GAIB also powers AI infrastructure by providing capital solutions for cloud providers and data centers, optimizing their access to compute resources. With integrations across DeFi protocols, including lending, borrowing, and structured products, GAIB bridges AI and blockchain finance—unlocking new opportunities at the intersection of technology and investment. For more information, users can visit About Amber Group Amber Group is a global digital asset leader headquartered in Singapore, offering full-stack solutions across wealth management, asset management, market making, advisory, investing, and infrastructure. Backed by top investors like Sequoia, Tiger Global Management, Pantera, Coinbase Ventures, and Fenbushi, we serve high-net-worth individuals, institutions, crypto funds, exchanges, and projects worldwide. With deep expertise in crypto and traditional markets, we leverage AI, blockchain, and quantitative research to deliver cutting-edge solutions, including the launch of an AgentFi platform pioneering the intelligent agent economy. Our institutional-facing brand, Amber Premium, was recently listed on Nasdaq under Amber International Holding Limited (Nasdaq: AMBR), focusing on regulated crypto financial services for institutions and HNWIs. GAIB
San Francisco Chronicle
03-06-2025
- General
- San Francisco Chronicle
ICC appeals judges greenlight first in absentia hearing over Ugandan rebel leader Kony
THE HAGUE, Netherlands (AP) — Appeals judges at the International Criminal Court gave a final greenlight Tuesday for the tribunal's first in absentia hearing by allowing the next step in proceedings against notorious fugitive Ugandan rebel leader Joseph Kony. The Hague-based court has scheduled a so-called confirmation of charges hearing at which prosecutors will present evidence in September to back up charges of war crimes and crimes against humanity against Kony, despite his whereabouts being unknown. Kony, the leader of the brutal Lord's Resistance Army, faces dozens of counts of crimes against humanity and war crimes, including murder, sexual enslavement and rape. The ICC's rules do not allow trials entirely in absentia but can in some circumstances move forward with a confirmation of charges even if the suspect is not in custody. Kony's court appointed lawyers had argued his fair trial rights would be violated if the proceedings continued without their client. Judge Erdenebalsuren Damdin said the court has 'adequately robust safeguards' for suspects to allow the confirmation of charges hearing to be held in absentia. The case had been seen as a trial balloon for the court moving forward with other cases where the suspect is not in custody, such as Israeli Prime Minister Benjamin Netanyahu or Russian President Vladimir Putin. However, the Kony decision was limited to situations where the wanted person has fled ICC custody or cannot be found, says Luigi Prosperi, an international criminal law expert at the University of Utrecht. Kony 'is a very peculiar situation,' he told The Associated Press. Kony was thrust into the global spotlight in 2012 when a video about his alleged crimes went viral. Despite the attention and international efforts to capture him, he is still at large. The LRA began its attacks in Uganda in the 1980s, when Kony sought to overthrow the government. After being pushed out of Uganda, the militia terrorized villages in Congo, Central African Republic and South Sudan. It was notorious for using child soldiers, mutilating civilians and enslaving women. In 2021, the court convicted Dominic Ongwen, a one-time child soldier who morphed into a brutal LRA commander of dozens of war crimes and crimes against humanity, ranging from multiple murders to forced marriages.
Yahoo
03-06-2025
- General
- Yahoo
ICC appeals judges greenlight first in absentia hearing over Ugandan rebel leader Kony
THE HAGUE, Netherlands (AP) — Appeals judges at the International Criminal Court gave a final greenlight Tuesday for the tribunal's first in absentia hearing by allowing the next step in proceedings against notorious fugitive Ugandan rebel leader Joseph Kony. The Hague-based court has scheduled a so-called confirmation of charges hearing at which prosecutors will present evidence in September to back up charges of war crimes and crimes against humanity against Kony, despite his whereabouts being unknown. Kony, the leader of the brutal Lord's Resistance Army, faces dozens of counts of crimes against humanity and war crimes, including murder, sexual enslavement and rape. The ICC's rules do not allow trials entirely in absentia but can in some circumstances move forward with a confirmation of charges even if the suspect is not in custody. Kony's court appointed lawyers had argued his fair trial rights would be violated if the proceedings continued without their client. Judge Erdenebalsuren Damdin said the court has 'adequately robust safeguards' for suspects to allow the confirmation of charges hearing to be held in absentia. The case had been seen as a trial balloon for the court moving forward with other cases where the suspect is not in custody, such as Israeli Prime Minister Benjamin Netanyahu or Russian President Vladimir Putin. However, the Kony decision was limited to situations where the wanted person has fled ICC custody or cannot be found, says Luigi Prosperi, an international criminal law expert at the University of Utrecht. Kony 'is a very peculiar situation,' he told The Associated Press. Kony was thrust into the global spotlight in 2012 when a video about his alleged crimes went viral. Despite the attention and international efforts to capture him, he is still at large. The LRA began its attacks in Uganda in the 1980s, when Kony sought to overthrow the government. After being pushed out of Uganda, the militia terrorized villages in Congo, Central African Republic and South Sudan. It was notorious for using child soldiers, mutilating civilians and enslaving women. In 2021, the court convicted Dominic Ongwen, a one-time child soldier who morphed into a brutal LRA commander of dozens of war crimes and crimes against humanity, ranging from multiple murders to forced marriages.
03-06-2025
- General
ICC appeals judges greenlight first in absentia hearing over Ugandan rebel leader
THE HAGUE, Netherlands -- Appeals judges at the International Criminal Court gave a final greenlight Tuesday for the tribunal's first in absentia hearing by allowing the next step in proceedings against notorious fugitive Ugandan rebel leader Joseph Kony. The Hague-based court has scheduled a so-called confirmation of charges hearing at which prosecutors will present evidence in September to back up charges of war crimes and crimes against humanity against Kony, despite his whereabouts being unknown. Kony, the leader of the brutal Lord's Resistance Army, faces dozens of counts of crimes against humanity and war crimes, including murder, sexual enslavement and rape. The ICC's rules do not allow trials entirely in absentia but can in some circumstances move forward with a confirmation of charges even if the suspect is not in custody. Kony's court appointed lawyers had argued his fair trial rights would be violated if the proceedings continued without their client. Judge Erdenebalsuren Damdin said the court has 'adequately robust safeguards' for suspects to allow the confirmation of charges hearing to be held in absentia. The case had been seen as a trial balloon for the court moving forward with other cases where the suspect is not in custody, such as Israeli Prime Minister Benjamin Netanyahu or Russian President Vladimir Putin. However, the Kony decision was limited to situations where the wanted person has fled ICC custody or cannot be found, says Luigi Prosperi, an international criminal law expert at the University of Utrecht. Kony 'is a very peculiar situation,' he told The Associated Press. Kony was thrust into the global spotlight in 2012 when a video about his alleged crimes went viral. Despite the attention and international efforts to capture him, he is still at large. The LRA began its attacks in Uganda in the 1980s, when Kony sought to overthrow the government. After being pushed out of Uganda, the militia terrorized villages in Congo, Central African Republic and South Sudan. It was notorious for using child soldiers, mutilating civilians and enslaving women.
Washington Post
03-06-2025
- General
- Washington Post
ICC appeals judges greenlight first in absentia hearing over Ugandan rebel leader Kony
THE HAGUE, Netherlands — Appeals judges at the International Criminal Court gave a final greenlight Tuesday for the tribunal's first in absentia hearing by allowing the next step in proceedings against notorious fugitive Ugandan rebel leader Joseph Kony. The Hague-based court has scheduled a so-called confirmation of charges hearing at which prosecutors will present evidence in September to back up charges of war crimes and crimes against humanity against Kony, despite his whereabouts being unknown. Kony, the leader of the brutal Lord's Resistance Army, faces dozens of counts of crimes against humanity and war crimes, including murder, sexual enslavement and rape. The ICC's rules do not allow trials entirely in absentia but can in some circumstances move forward with a confirmation of charges even if the suspect is not in custody. Kony's court appointed lawyers had argued his fair trial rights would be violated if the proceedings continued without their client. Judge Erdenebalsuren Damdin said the court has 'adequately robust safeguards' for suspects to allow the confirmation of charges hearing to be held in absentia. The case had been seen as a trial balloon for the court moving forward with other cases where the suspect is not in custody, such as Israeli Prime Minister Benjamin Netanyahu or Russian President Vladimir Putin . However, the Kony decision was limited to situations where the wanted person has fled ICC custody or cannot be found, says Luigi Prosperi, an international criminal law expert at the University of Utrecht. Kony 'is a very peculiar situation,' he told The Associated Press. Kony was thrust into the global spotlight in 2012 when a video about his alleged crimes went viral. Despite the attention and international efforts to capture him, he is still at large. The LRA began its attacks in Uganda in the 1980s, when Kony sought to overthrow the government. After being pushed out of Uganda, the militia terrorized villages in Congo, Central African Republic and South Sudan. It was notorious for using child soldiers, mutilating civilians and enslaving women. In 2021, the court convicted Dominic Ongwen , a one-time child soldier who morphed into a brutal LRA commander of dozens of war crimes and crimes against humanity, ranging from multiple murders to forced marriages.
