El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI

A crypto friendly country's election results are in and Donald Trump speaks out about A I. You're watching Coin Desk Daily. I'm your host, Jen Sani El Salvador's Bitcoin friendly President Naib Kele is on his way to another five year term exit polls reveal he had an overwhelming lead shortly after voting ended on Sunday evening. Under Bekele's leadership, El Salvador became the first nation to adopt the largest Cryptocurrency as legal tender. Back in 2021 the former Chief Financial Officer of Terraform Labs has been extradited to South Korea by authorities in Montenegro. According to an official notice, he Chung Juon was handed over to South Korean authorities on allegations of several criminal offenses related to fraud and financial investment services. The former executive was arrested with Tara co-founder Do Kwon in March 2023 while trying to travel with falsified documents. And former president Donald Trump is calling artificial intelligence quote dangerous and scary end quote. During an interview on Fox Business, the Republican front runner outlined his concerns over the power of deep fakes which allow for the possibility of false product endorsements. Trump also continued his attacks on CBD CS calling them a very dangerous thing. That's it for coin desk daily. Get more updates on coindesk.com and we'll see you next time.