A New York federal judge took the rare step of terminating a case this week due to an attorney's repeated misuse of AI in drafting filings, while in Japan, Prime Minister Sanae Takaichi's party secured a supermajority in a key parliamentary election. Additionally, Treasury Secretary Scott Bessent cited Chinese traders as a reason behind recent volatility in the gold market. These events, along with the emergence of a new AI framework and reports of malware, highlight a dynamic landscape of technological advancements, financial shifts, and political developments.
District Judge Katherine Polk Failla ruled that extraordinary sanctions were warranted against attorney Steven Feldman after he repeatedly submitted filings containing fake citations, according to Ars Technica. One of Feldman's filings was noted for its "conspicuously florid prose," the source reported. Meanwhile, in Japan, Takaichi's Liberal Democratic Party (LDP) secured a two-thirds supermajority in a parliamentary election, according to Fortune, with the party alone securing 316 seats in the 465-member lower house. Takaichi stated she is now ready to pursue policies that would make Japan strong and prosperous, according to NHK.
The financial markets also saw significant activity. Treasury Secretary Scott Bessent pointed to Chinese traders as a factor in the recent wild swings in the gold market, as reported by Fortune. Bessent noted that "things have gotten a little unruly in China," and that they are "having to tighten margin requirements." This volatility contributed to the dollar's first weekly gain since early January, while the Dow Jones Industrial Average topped 50,000 for the first time, reflecting investor optimism about the US economy.
In the realm of technology, a new AI framework called OpenClaw emerged, according to VentureBeat. Originally developed as a hobby project by Austrian engineer Peter Steinberger, OpenClaw is designed with the ability to execute shell commands and manage local files. This capability led to its adoption by AI power users. However, reports also surfaced of malicious activity. Hacker News reported that Google's AI was offering links to malicious scripts, leading to the delivery of AMOS (alias SOMA) stealers to Macs. These were found in forged Apple-like sites linked from docs.google.com and business.google.com, as well as in articles posted on Medium.
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