Arizonan authorities are investigating a reported $6 million Bitcoin ransom demand connected to the disappearance of Nancy Guthrie, as reported by KGUN9, an Arizona TV station. The alleged kidnappers set a Monday deadline for the payment, threatening Guthrie's life if it was not met. Savannah Guthrie and her siblings stated their intention to pay the ransom in a video posted on Instagram. Law enforcement has not confirmed the ransom letter's legitimacy.
The Guthrie family would need to acquire Bitcoin to fulfill the ransom demand, typically by opening an account with a cryptocurrency exchange, according to a spokesperson. KGUN9 declined to share further details about the ransom letter. The search for Nancy Guthrie has extended into its second week.
In other news, a leading financial strategist, David Kelly, chief global strategist at J.P. Morgan Asset Management, offered a critical assessment of the nation's financial health in a note to investors released Monday, according to Fortune. Kelly described the economy as one of "soggy consumption, weak job gains and a sour public mood," explicitly countering the optimism surrounding the recent tech-driven market rally. He highlighted a disconnect between a "frothy stock market" and a sluggish real economy.
Meanwhile, Jenny Just, cofounder of financial services firm PEAK6 Investments, believes that playing poker is a valuable skill for making high-stakes decisions with incomplete information. "I think I could have saved 10 years of losses off my career if I had learned poker sooner," Just told CNBC, according to Fortune. She added that the repetitions gained from playing poker build muscles that translate directly to her professional life.
In other news, Olivia Dreizen Howell, co-founder of an online divorce support network, was upset after being accused of sounding like an AI chatbot on an Instagram post. "I felt like I was being attacked," Howell said, according to Time. She clarified in the comments that the post was written by her without any machine assistance.
Finally, Tracey Emin, a member of the Young British Artists (YBAs), is preparing for her largest ever show opening at the Tate Modern in London on Feb. 27. Emin reflected on her life, including her troubled youth, serious health setbacks, and incendiary artworks. "Well, on a practical level, I've never had a boss," Emin said, according to Time. "I never had to be at work on time. No matter what's happened to me, it hasn't affected my pattern of doing th."
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