Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

coindesk.com Following a protracted investigation and relatively short two-week trial in New York earlier this month, Kwon and Terraform were found liable for fraud – hiding obvious…

Terra Founder Do Kwon Files Extradition Appeal, Calls Out 'Bizarre' Legal Readings From Court

decrypt.co The legal brawl in Montenegro over Terraform Labs co-founder Do Kwon isn’t over just yet. Lawyers filed an appeal Tuesday on behalf of Kwon, pushing back against a decision…

Do Kwon is headed for trial in South Korea but SEC still wants him and Terra to cough up $5.3bn

dlnews.com The US isn’t forgetting about Do Kwon. The co-founder and onetime CEO of Terra may be on the verge of boarding a flight from Montenegro to his native South Korea to face…

Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) & Terra (LUNA) Could Rise By 20% Soon

coinpedia.org A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the…

SEC Demands $5.3 Billion From Do Kwon And Terraform Labs

cryptopotato.com and its founder, Do Kwon, are under pressure to pay $5.3 billion in cumulative damages for fraud related to their now-defunct Terra blockchain. In a filing dated April 19,…

Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

news.bitcoin.com This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its…

New Stablecoin Bill Would Violate Free Speech Rights, Says Crypto Advocacy Group Coin Center

dailyhodl.com A nonprofit crypto advocacy group says that a stablecoin bill proposed earlier this week by two US senators would violate free speech rights. In a new article, Coin Center…

CryptoQuant Reveals Two Key Metrics to Predict Ethena USDe’s Future

beincrypto.com Ethena’s USDe, a synthetic US dollar protocol on Ethereum, has quickly gained traction with a market cap exceeding $2 billion. Unlike traditional stablecoins, USDe is not…

California snowpack's "atypical" year revealed in NASA image

newsweek.com The Sierra Nevada mountains have had an unusually average year of snowfall, which scientists say is out of the ordinary. According to the California Department of Water…

Sam Bankman-Fried’s Fraud Case: Everything You Need To Know

coingape.com The saga around the fall of cryptocurrency exchange FTX and the trial of its CEO Sam Bankman-Fried is still a shock to many as a result of the large amount of losses…

Crypto Heavyweights Torn Over Ethena’s New Stablecoin

thedefiant.io Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm. Ethena Labs launched its USDe synthetic dollar on Feb. 21, causing a stir among analysts for its double-digit…