Hey there, PoI readers! Mochi here, ready to take you on a whirlwind tour of the latest crypto and Web3 happenings. From courtroom dramas to hacker redemption arcs, we've got a packed issue that'll keep you hooked. So, Buckle up; it’s going to be a wild ride!

INTEL BRIEF
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🟧 Sam Bankman-Fried, former FTX CEO, has been sentenced to 25 years in prison for his conviction on seven felony charges, including witness tampering and perjury.

🟧 The Munchables hacker, who allegedly worked as a developer for the project and has ties to North Korea, returned over $62 million worth of stolen ETH without demanding a ransom.

🟧 In a new documentary, YouTuber Logan Paul argues that his controversial CryptoZoo NFT gaming project was not a scam but a venture he was incapable of handling at the time.

🟧 Web3 advertising service platform Everyworld has amassed 225,000 users within a month of launching its beta, offering a unique blend of media, gaming, and e-commerce elements while rewarding user engagement.

SBF Behind Bars: A 25-Year Sentence for FTX's Fallen King, Sam Bankman

Well, well, well, my dear PoI readers, it looks like the gavel has finally fallen on our favorite crypto wunderkind, Sam Bankman-Fried! The once-hailed genius behind FTX will now be trading his cozy Bahamas penthouse for a not-so-luxurious 25-year stay in prison.

Judge Lewis Kaplan, clearly not a fan of SBF's courtroom antics, threw the book at him, finding the former CEO guilty of witness tampering and perjury on top of his seven felony convictions. The judge even took a jab at Bankman-Fried's "social awkwardness," but as former Alameda Research CEO Caroline Ellison's testimony revealed, SBF knew he was in hot water but refused to admit it.

The courtroom was packed to the brim with curious onlookers and officials, all eager to witness the fate of the fallen crypto king. SBF, clad in the fashionable Metropolitan Detention Center uniform, tried to apologize for the whole debacle, claiming that FTX would have survived if it hadn't been shut down. Sure, and I'm the Queen of England.

SBF's attorneys made a last-ditch effort to paint him as a misunderstood genius, but Judge Kaplan wasn't having it. He even compared Bankman-Fried to a thief who takes his loot to Las Vegas and successfully bets, stating that such a criminal wouldn't be entitled to a sentencing reduction. Ouch, that's gotta sting!

In the end, Judge Kaplan split the difference between the recommendations from SBF's attorneys (6.5 years) and prosecutors (50 years), landing on a hefty 25-year sentence. It seems our crypto whiz kid will have plenty of time to ponder his "mathematical justifications" behind bars.

Munchables' Prodigal Son: Hacker Returns $62.8M in ETH Without Ransom

The recent Munchables hacker had a change of heart! In a stunning turn of events, the alleged North Korean developer who drained over $62 million worth of ETH from the Web3 gaming protocol has returned the keys holding the stolen funds without so much as a peep about a ransom.

According to the ever-vigilant blockchain sleuth ZachXBT, the hacker, known as "Werewolves0493" on GitHub, was actually an insider working for Munchables. Talk about a wolf in sheep's clothing! 🐺

The attack, which took place on March 26, left Munchables scrambling to track the hacker's movements and halt transactions. Solidity developer 0xQuit even suggested that the attack was planned from the beginning, with the scammer manipulating storage slots to assign himself a massive Ether balance before withdrawing the funds when the TVL was ripe for the picking.

But just when all hope seemed lost, the Munchables team received a surprising update on March 27. The rogue developer had a change of heart and agreed to share the private keys holding all the funds without any conditions. I guess even hackers can have a conscience... sometimes.

Tiesshun Roquerre, the mastermind behind the Ethereum layer 2 network Blast and NFT marketplace Blur, confirmed that $97 million had been secured in a multisig by Blast core contributors. The ex-developer returned the funds without demanding a ransom, and efforts were underway to safely redistribute the money to users.

Some users called for Blast to roll back their chain, essentially rewinding the blockchain to undo the hack. However, this goes against the principles of decentralization, as blockchain transactions are meant to be irreversible. Plus, Blast isn't exactly the poster child for decentralization, being controlled by a 3/5 multisig.

Logan Paul's CryptoZoo Controversy: "It Wasn't a Scam, I Swear!"

Logan Paul's infamous CryptoZoo project continues! In a new documentary, "5 Months with Logan Paul," the YouTuber sits down with journalist Graham Bensinger to defend his honor and argue that CryptoZoo, which left many investors in the red, was not a scam. Cue the dramatic music.

When Bensinger pointed out that Paul's involvement led people to lose money, the internet celebrity admitted there was some truth to the statement. However, he vehemently denied that it was a scam, claiming that he took on a project he was "simply incapable of handling at the time." Because that makes it so much better, right?

In a shocking revelation, Paul even claimed that he lost money in the project, too! "I didn't make any f***ing money, bro. I've lost half a million dollars on this. Where is the scam?" he exclaimed. Ah, the classic "I'm a victim too" defense.

The YouTuber also shared that the CryptoZoo debacle led him to have suicidal thoughts for the first time in his life. "I was just spiraling," he confessed. It's a serious matter, and we sincerely hope he's getting the support he needs.

But wait, there's more! Paul promised to "take care" of those who made CryptoZoo look like a scam perpetrated by him. He called out YouTube journalist Coffeezilla, claiming the story was one-sided and made him look like the "captain of the ship." Because apparently, there's another side to the story of investors losing millions.

This isn't the first time Paul has made bold promises. In January 2023, he unveiled a $1.5 million recovery plan for affected investors, but it took a year and a class-action lawsuit before the buyback plan was implemented. Better late than never, we suppose.

Speaking of lawsuits, disgruntled investors filed a class-action lawsuit against CryptoZoo and Paul in February 2023, alleging that the venture performed a rug pull and stole millions of dollars. Yikes, that's not a good look.

In the end, Paul did announce the start of the buyback program on Jan. 5, but there was a catch: Users could only get a refund if they waived any current or future claims against the YouTuber. How convenient!

 Everyworld's Web3 Ad Platform Skyrockets to 225K Users in Just a Month

Everyworld, a Web3 ad service platform, has reached a staggering 225,000 users within just a month of launching its beta. Talk about hitting the ground running!

This innovative platform is a unique blend of media, gaming, and e-commerce, with a dash of TikTok-style fun thrown in for good measure. CEO Janine Yorio describes it as being "entirely different" from anything else out there. Because who wants to be just another boring ad platform, right?

Everyworld serves up ads from more than 20 games, spanning both the blockchain and traditional gaming sectors. Big names like Shrapnel, Big Time, Star Atlas, and The Sandbox are all on board, proving that this platform means business. It's like the cool kids' table of the gaming world.

But what sets Everyworld apart is its rewards system, which incentivizes users to interact with the content by earning points towards prize drawings. Because let's face it, we all love a good freebie.

The goal, according to Yorio, is to onboard Web3 natives and eventually expand to a mainstream audience, showcasing the transformative power of cryptocurrency in bringing people together and fostering collaboration. Kumbaya, anyone?

Everyworld's chief crypto officer, TJ Kawamura, sees this as an "enormous opportunity" in today's attention economy, where users demand and deserve to be rewarded for engaging with a product. It's about time someone recognized our worth!

The platform is currently available in select markets, excluding the U.S. and a handful of other countries. Sorry, Quebec and North Korea, you'll have to sit this one out.

And there you have it, folks! Another thrilling edition of Proof of Intel comes to a close. Thanks for joining me on this wild ride through the world of crypto and Web3. Remember, whether you're a seasoned pro or a curious newbie, Mochi's always here to guide you through the ups and downs with a smile and a laugh. 😄

Until next time, keep exploring, learning, and embracing the craziness that is the cryptoverse! 🌟

P.S. Don't forget to share Proof of Intel with your friends. See you in the next issue! 💌🎈

🍨📰 Catch you in the next issue! 📰🍨

TL;DR: 🔻💯
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🟧 Sam Bankman-Fried, the former CEO of FTX, has been sentenced to 25 years in prison for his role in the exchange's collapse. Judge Lewis Kaplan found him guilty of witness tampering and perjury in addition to seven felony charges, despite SBF's attempts to portray himself as a misunderstood genius in the courtroom. 🚨⚖️

🟧 The Munchables hacker, an alleged North Korean developer, returned $62.8 million in stolen ETH without asking for a ransom, leading to the securing of $97 million by Blast core contributors. 🎉💰

🟧 Logan Paul claims CryptoZoo wasn't a scam in a new documentary, arguing he was simply incapable of handling the project. He promises to "take care" of those who made it look like a scam, but investors remain skeptical. 🤔💸

🟧 Everyworld's Web3 ad platform has gained 225K users in a month, offering a unique blend of media, gaming, and rewards. The platform aims to onboard Web3 natives and expand to mainstream audiences while supporting conservation efforts. 🌍💰