Trump’s Crypto Comeback: Will He Make Bitcoin America’s New Gold?Republican presidential candidate Donald Trump announced his intention to fire Gary Gensler, the chair of the U.S. SEC.
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 […]
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