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CBI entrusts Liminal Custody Solutions for secure non-custodial storage of seized digital assets

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Mumbai – Liminal Custody Solutions, a leading provider of digital asset custody, has taken a momentous stride in its mission to fortify the security and accessibility of India’s digital asset ecosystem. As a trusted custodian of digital assets, Liminal was appointed by the Central Bureau of Investigation (CBI) to manage seized digital assets in a non-custodial manner securely, which they impounded during their investigations.

Following this announcement, Liminal also played a pivotal role in a high-profile operation led by the Central Bureau of Investigation (CBI). Law enforcement agencies like the CBI require secure and compliant wallet solutions for the safe storage of these assets, and Liminal stepped in to fill this crucial role. This milestone firmly establishes Liminal as a vital ally for law enforcement agencies in India. As a part of this operation Liminal Custody Solutions assembled a specialized team that collaborated closely with CBI officers on the ground. The creation of specialized multi-sig and MPC wallets were executed with precision to ensure assets’ security with strict adherence to standard operating procedures (SOP).

CBI’s officers expressed their appreciation for Liminal’s collaboration and support during this operation.

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Liminal VP – strategy & business operations Manan Vora stated, “At Liminal Custody, we consider our partnership with the CBI as a testament to our unwavering dedication to building a safe and regulated digital asset ecosystem in India. As experts in the field, we feel it’s our responsibility to assist law enforcement agencies with rigorous security protocols. We look forward to making a substantial contribution to India’s digital asset security and accessibility.”

Liminal continues to expand its role in safeguarding digital assets and remains dedicated to upholding the highest standards of digital asset security.

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OpenAI’s Stargate lead Peter Hoeschele exits with two senior leaders

Trio behind compute push set to join new startup amid leadership reshuffle

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SAN FRANCISCO: Peter Hoeschele, a key figure behind OpenAI’s early Stargate data centre initiative, has exited the company, according to a report by The Information.

The departure is part of a broader leadership shift, with two other senior executives, Shamez Hemani and Anuj Saharan, also set to leave in the coming days. All three are expected to join the same new startup, although details about the venture remain under wraps.

The trio played a central role in OpenAI’s Stargate effort, an initiative aimed at building large-scale data centre capacity in-house to reduce reliance on external infrastructure providers. Their exits mark a notable moment for the company’s compute strategy as it continues to scale rapidly.

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OpenAI spokesperson said in a statement to The Information, “We’re grateful for the contributions Peter, Shamez, and Anuj have made to OpenAI and wish them the very best in what comes next.” The company also pointed to the recent appointment of Sachin Katti to lead its industrial compute organisation, signalling continuity in its infrastructure roadmap.

OpenAI has indicated that it does not plan to directly replace Hoeschele’s role, suggesting a possible restructuring of responsibilities within the team.

As competition intensifies in the race to build next-generation AI systems, leadership changes in core infrastructure teams are likely to draw close attention. For now, the spotlight shifts to what this departing trio builds next, and how OpenAI adapts as it scales its ambitions.

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