How Terraform Labs Misled Thousands of InvestorsThe prosecution submitted to the court a conversation revealing that Kwon Do Hyung, the main culprit behind the Terra-Luna crash and CEO of Terraform Labs, had attempted to deceive investors from the early stages of the company’s operation, along with former Chai Corporation CEO Daniel Shin. According to the legal circles on June 17, the Financial […]
End of the Line? Terraform Labs Agrees to $4.7 Billion SEC SettlementKwon Do Hyung and Terraform Labs have agreed to pay the U.S. Securities and Exchange Commission (SEC) a fine of $4.47 billion. This is in response to the so-called stablecoin TerraUSD virtual asset collapse in 2022, which resulted in a $40 billion loss. A stablecoin is a virtual asset linked to the U.S. dollar. According […]
From Boom to Bust: Terraform Labs Faces $4.7 Billion SEC SettlementTerraform Labs CEO Kwon Do Hyung was taken into custody by Montenegrin police on March 24 last year. Cryptocurrency issuer Terraform Labs and co-founder Kwon have agreed to pay a total of $4.47 billion in restitution and fines regarding the collapse of Terra and Luna with the U.S. Securities and Exchange Commission (SEC). According to […]
SEC Shakes Up Crypto Market with Latest Ethereum ETF DevelopmentsThe U.S. Securities and Exchange Commission (SEC) has requested Ethereum Exchange Traded Fund (ETF) applicants to submit an amendment to their S-1 registration statement, sparking interest in the launch schedule. According to industry sources on the 1st, the SEC requested Ethereum ETF applicants to submit an amendment to their S-1 registration statement by the 31st […]
Weekly Best Articles
Sneak Peek: Apple’s Next Big Thing – The Apple Watch 10th Generation!
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins
Tesla’s Cybertruck Woes Continue with Major Recall
Microsoft in Hot Water: EU Challenges Teams App Sales Strategy
Toxic Tap Water Shock: Japan’s Nationwide Hunt for Deadly PFAS
U.S.-Made Weapons Used in ‘Barbaric’ Attack on Civilians, Says Russia
North Korean Troops to Ukraine? U.S. Defense Sounds Alarm
Bolivia’s Democracy Under Siege: Military Forces Storm Government Palace
Horror in Kerala: Elephant Attack Leaves Trainer Dead
Snoop Dogg Surprises with Speedy 200m Dash at Olympic Trials
Israel Pours $250 Million into National AI Program, Eyes Global Leadership
Biden, Trump Neck and Neck in Crucial Battlegrounds
Must-Reads
1
Denmark Introduces 'Fart Tax' to Curb Emissions
WORLD
2
Could Taxing the Super Rich Fix Our Economy?
LATEST
3
South Korean Marines Power Up Defenses with Live-Fire Exercises
LATEST
4
Can't Stop, Won't Stop: ATEEZ Continue to Top U.S. Charts!
ENTERTAINMENT
5
North Korean Waste Balloons Invade Seoul's National Assembly
How Terraform Labs Misled Thousands of Investors The prosecution submitted to the court a conversation revealing that Kwon Do Hyung, the main culprit behind the Terra-Luna crash and CEO of Terraform Labs, had attempted to deceive investors from the early stages of the company’s operation, along with former Chai Corporation CEO Daniel Shin. According to the legal circles on June 17, the Financial […]
End of the Line? Terraform Labs Agrees to $4.7 Billion SEC Settlement Kwon Do Hyung and Terraform Labs have agreed to pay the U.S. Securities and Exchange Commission (SEC) a fine of $4.47 billion. This is in response to the so-called stablecoin TerraUSD virtual asset collapse in 2022, which resulted in a $40 billion loss. A stablecoin is a virtual asset linked to the U.S. dollar. According […]
From Boom to Bust: Terraform Labs Faces $4.7 Billion SEC Settlement Terraform Labs CEO Kwon Do Hyung was taken into custody by Montenegrin police on March 24 last year. Cryptocurrency issuer Terraform Labs and co-founder Kwon have agreed to pay a total of $4.47 billion in restitution and fines regarding the collapse of Terra and Luna with the U.S. Securities and Exchange Commission (SEC). According to […]
SEC Shakes Up Crypto Market with Latest Ethereum ETF Developments The U.S. Securities and Exchange Commission (SEC) has requested Ethereum Exchange Traded Fund (ETF) applicants to submit an amendment to their S-1 registration statement, sparking interest in the launch schedule. According to industry sources on the 1st, the SEC requested Ethereum ETF applicants to submit an amendment to their S-1 registration statement by the 31st […]
Hot Topics