Mistrals – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 24 Jul 2025 02:02:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Mistrals – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Mistral’s movement in tornado cash incidents is unlikely https://earlybirdsinvest.com/mistrals-movement-in-tornado-cash-incidents-is-unlikely/ https://earlybirdsinvest.com/mistrals-movement-in-tornado-cash-incidents-is-unlikely/#respond Thu, 24 Jul 2025 02:02:53 +0000 https://earlybirdsinvest.com/mistrals-movement-in-tornado-cash-incidents-is-unlikely/

Testimony regarding the fact that some of the stolen funds from IRS Special Agent Stephen George’s Hanfen Lin had been placed in tornado cash seemed reliable enough to prevent the defense from filing a claim of tort.

On Monday, the defense of the tornado cash trial came to mind to file a motion for the Miss Trial after saying that FBI special agent Joel DeCapua had not tracked the tracking of funds stolen from the case’s first witness to Tornado Cash Mixing Services.

However, after today’s testimony from IRS special agent Stephen George, the second witness, the second witness who prosecutors sought training to track assets on public blockchains, seems slim at best to file a complaint of dispute.

Special Agent George hired the accounting principals from LIFO (last, first out) that included Etherscan.io (Ethereum’s Block Explorer), Chainalysis’ Reactor, and TRM Labs, and spoke about how they used the TRM Lab to track stolen funds.

According to data from special agent George, approximately 149,000 USDT was sent from Lynn’s crypto.com account through a series of wallets. About a third of this amount was exchanged for 9.78 ETH (worth around $47,000 at the time) before moving the Tornado Cash on November 15th, 2021.

Special Agent George admitted that, according to initial disclosures from prosecutors, he was not tasked with tracking these stolen funds from crypto.com to tornado cash, but began to do so at the end of June or early July this year.

This defense was thorough in cross-examination of special agent George, but it seemed to struggle to find holes in his story and the notable flaws in the analytical process.

Special Agent George admitted that his analysis may not have been perfect, but said that the results of his analysis using chain analysis and tracing tools from TRM Labs independently produced similar results.

That being said, the defense shared that he plans to complete Cross Agent Special Agent George at the beginning of tomorrow’s trial.

So, there is still a possibility that he could find a way to trust some of the data he presented, but based on today’s cross-examination, it doesn’t seem possible.

See this thread in X for a more detailed explanation of what happened in court today.

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Mistral’s Medium 3 Delivers Big AI Power at a Tiny Price https://earlybirdsinvest.com/mistrals-medium-3-delivers-big-ai-power-at-a-tiny-price/ https://earlybirdsinvest.com/mistrals-medium-3-delivers-big-ai-power-at-a-tiny-price/#respond Sat, 10 May 2025 20:58:10 +0000 https://earlybirdsinvest.com/mistrals-medium-3-delivers-big-ai-power-at-a-tiny-price/

Mistral, a Paris-based artificial intelligence (AI) company founded in 2023, has released a new AI model called Medium 3.

According to the company’s announcement on May 7, “Mistral Medium 3 delivers frontier performance while being an order of magnitude less expensive”.

Medium 3 joins the company’s lineup of previous releases, including open-source models like Mistral 7B, Mixtral, Codestral, and Pixtral. However, unlike those earlier models, Medium 3 is not open-source, and users cannot modify or run it on their own devices.

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Medium 3 costs $0.40 per million input tokens and $2 per million output tokens. Reviews by Artificial Analysis rated it as one of the best non-reasoning models available. It competes closely with options like Llama 4 Maverick, Gemini 2.0 Flash, and Claude 3.7 Sonnet.

Sophia Yang, a representative from the company, stated:

Mistral Medium 3 shines in the coding domain and delivers much better performance, across the board, than some of its much larger competitors.

Additionally, Medium 3 supports a 128,000-token context window and can process text and images in over 40 languages. This makes it useful for a wide range of tasks, including handling documents and visual content.

Currently, the model is aimed at business use rather than everyday users. It is available through LeChat, Mistral’s chatbot interface, and is designed to work with business systems. Companies can fine-tune it, connect it with internal data, and keep improving it with continuous updates.

Meanwhile, on April 28, OpenAI introduced new features to its AI chatbot, ChatGPT. What are they? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
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