CZ and the art of persuasion

ft.com Plus, stablecoins return and SEC seeks $5bn from Terraform Labs

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

coindesk.com Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of…

Terraform Labs Faces Injunction Order To Limit Its Operations Amidst US User Access After SEC Ruling

coinpedia.org The post Terraform Labs Faces Injunction Order To Limit Its Operations Amidst US User Access After SEC Ruling appeared first on Coinpedia Fintech News Terraform Labs, the…

The Aftermath of the UST Crash: SEC Deliberates $5.3B Fine for Do Kwon & TerraForm Labs

dailycoin.com TerraForm Labs & Do Kwon were found liable for deceptive practice. The U.S. Securities and Exchange Commission (SEC) is calling for punitive actions against TerraForm Labs…

Terraform Labs to restrict US access, withdraw $23 million of liquidity following SEC ruling

cryptoslate.com announced changes to its operations on April 25 in light of a recent court ruling related to the SEC’s case against the company. TFL said it expects to receive a conduct…

Uniswap taking page from Coinbase’s playbook will ‘backfire,’ former SEC official says

dlnews.com Lawyers often have a key piece of advice for corporate clients: Don’t poke the bear. It’s unusual for business leaders to rail against regulators when they are slapped with…

SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs

news.bitcoin.com The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against…

SEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report

dailyhodl.com The U.S. Securities and Exchange Commission (SEC) is reportedly looking to hit the disgraced founder of the Terra ecosystem with a multibillion-dollar fine. According to a…

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…

Do Kwon appeal claims lawyers had 20 mins to review docs before hearing

protos.com In yet another appeal against his extradition, Do Kwon has accused a Montenegrin court of “bizarre interpretations” and failing to give his defense team access to important…

Do Kwon Appeals to Montenegrin Supreme Court Against HC’s Ruling of Extradition to South Korea

coinpedia.org The post Do Kwon Appeals to Montenegrin Supreme Court Against HC’s Ruling of Extradition to South Korea appeared first on Coinpedia Fintech News Terraform Labs founder Do…

Terraform Labs Faces $5.3 Billion Fine for Misleading Crypto Investors

cryptotale.org The SEC proposed a $5.3 billion fine against Terraform Labs and its co-founder, Do Kwon, following their involvement in misleading investors during the 2022 Terra-Luna…

Just-In: Terra’s Do Kwon Files Appeal Against Extradition to US

coingape.com Do Kwon, co-founder of cryptocurrency firm Terraform Labs, is currently facing extradition requests from both South Korea and the United States. Recently, his legal…

The Ever-Dwindling Chances for a Stablecoin Law

coindesk.com Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced their latest joint bill, this time taking on stablecoins, the $160 billion…

Terraform Labs And Do Kwon Face $5.3B Penalties In SEC Fraud Case

bitcoinist.com In a significant development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Terraform Labs, a jury has found the…

SEC suggests $5.3 billion fine for Do Kwon, Terraform Labs

theblock.co The SEC is calling for a New York court to impose $5.3 billion worth of fines on Terraform Labs and its co-founder Do Kwon, citing their roles in the 2022 Terra-Luna collapse.

SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon

cryptoslate.com The US Securities and Exchange Commission (SEC) wants nearly $5.3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws…

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,…

Do Kwon And Terraform Labs Hit With $5.3 Billion Penalty From SEC in Terra-Luna Case

cryptonews.com Terraform Labs and its founder, Do Kwon, are facing hefty financial trouble after the United States Securities and Exchange Commission (SEC) filed a motion on April 19,…

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

coindesk.com The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the…

Bitcoin's $70,000 Question on Bankless

bankless.com Can BTC keep the momentum going? Bitcoin continued its climb this week, breaking all-time highs on two occasions, both times experiencing rapid corrections. After its first…

Do Kwon can’t leave Montenegro, but owes the US millions

protos.com While Do Kwon languishes in a Montenegro detention facility, waiting to discover his fate, the US government has had its say on the long and drawn-out saga of his on-again,…

From Ripple To Ethereum: Understanding What The SEC Is Trying To Do With The Regulations

coinpedia.org Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a…

SEC seeks $5.3 billion from Terraform Labs and Do Kwon

coinjournal.net The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for…

SEC Seeks a Total of $5.3 Billion from Terraform Labs and Do Kwon

financemagnates.com The Securities and Exchange Commission (SEC) of the United States is seeking $4.7 billion in disgorgement and prejudgment interest from bankrupt Terraform Labs and its…

Terra vs SEC: SEC Imposes $5.2B Penalties on Terraform Labs and CEO Do Kwon for Crypto Misleading

coinpedia.org Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a…

SEC Seeks $5.3 Billion From Do Kwon and Terraform Labs

unchainedcrypto.com The U.S. Securities and Exchange (SEC) Commission (SEC) has entered a motion for final judgement against Terraform Labs (TFL) and its founder and former CEO Do Kwon. In a…

SEC Seeks $5.2B Penalties from Terraform and Do Kwon

coingape.com The United States Securities and Exchange Commission (SEC) is seeking to impose substantial monetary penalties on Terraform Labs and its co-founder, Do Kwon, following a…

Stablecoin Regulation: Legal Veteran Kicks Against Lummis-Backed Bill

coingape.com There is contention that the new stablecoin regulation Bill, co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand may contribute significantly to stifling…

SEC seeks $5.3B judgment against Terraform Labs and Do Kwon

cointelegraph.com After a jury found Terraform Labs and Do Kwon liable for fraud in its case with the SEC, the commission filed a motion requesting $5.3 billion in disgorgement and civil…

Has a 1% tax on Bitcoin holders been proposed by a U.S. Senator?

finbold.com In the morning of Monday, April 22, Dennis Porter, the CEO, and co-founder of the Satoshi Action Fund, caused a stir on X as he shared a supposed letter sent by Senator…

Don’t call it a stablecoin: How did a ‘synthetic dollar’ generate a yield of 113%?

aol.com A cryptocurrency called USDe, from Ethena Labs, has become the fastest-growing dollar-denominated asset in crypto history. While it took the stablecoin titans Tether and…

Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation

coindesk.com Eisenberg was arrested in Puerto Rico in December 2022 and charged with commodities fraud, commodities manipulation, and wire fraud for the scheme. He will be sentenced on…

US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash

cryptoslate.com A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic…

South Korean Won Takes The Lead In Crypto Trading Surge, Outpacing US Dollar In Q1

bitcoinist.com In the first quarter of 2024, the South Korea Won emerged as the leading currency for cryptocurrency trades globally. According to data from research firm Kaiko, the…

The real risks to Ethena’s stablecoin model (are not the ones you think)

cointelegraph.com Ethena may not be as risky as Terraform Labs’ disastrous UST… but it’s not risk-free either. Here’s what you need to keep an eye on.

Picasso Network Extends IBC Protocol to Bridge Solana and Cosmos

unchainedcrypto.com Picasso Network announced Monday a new extension of the Inter-Blockchain Communication Protocol (IBC), bridging together Solana and Cosmos. The move is aimed at enabling…

The Legal System Closing In On Cryptocurrencies

latimes.com Crypto fraudster Sam Bankman-Fried is screened in a New York courtroom as he prepared to face charges related to the collapse of his FTX crypto exchange. He was sentenced to…

SBF Appeals Jail Term, as Do Kwon Awaits His Fate

observers.com Sam Bankman-Fried, already given 25 years' jail time for fraud following the dramatic collapse of FTX, is now both his conviction and sentence. Judge Lewis Kaplan had seemed…

TerraForm Labs Founder Do Kwon's Extradition Cleared by Court Again, Here’s The Most Likely Destination

dailycoin.com TerraForm Labs founder Do Kwon has once again been approved for extradition. • Montenegro’s Minister of Justice will make the final decision on the destination. • The…

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

coindesk.com Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry's fight with the U.S. Securities and Exchange Commission (SEC), filing for…

Do Kwon’s Fate Hangs in Limbo, Signs Point to US Extradition

cryptopotato.com Terraform Labs co-founder Do Kwon has faced a new legal setback after Montenegro’s Supreme Court once again approved the extradition. With this decision, the previous…

Terra Luna Classic’s Proposal for a Core Team

coinpedia.org Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on…

Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud

thedefiant.io The United States Southern District of New York jury found Terraform Labs and its co-founder Do Kwon misled investors, acted recklessly, and are liable for civil fraud. The…