SEC Targets Terra Founder with Record $5.3 Billion Fine
Do Kwon faces a historic fine for fraud and unregistered securities sales, setting a precedent in the crypto industry's regulatory landscape.
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Do Kwon faces a historic fine for fraud and unregistered securities sales, setting a precedent in the crypto industry's regulatory landscape.
The Commission filed a motion seeking $5.3 billion in disgorgement and civil penalties after a jury found Terraform Labs and Do Kwon guilty of fraud in a case filed with the SEC.
Golden Finance launches the 2304th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.
Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
Golden Finance launched the 2289th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.
Investment fraud involving cryptocurrencies increased from $2.57 billion in 2022 to $3.94 billion in 2023.
FTX, facing financial distress, grapples with a staggering expense of $53,000 per hour in bankruptcy-related fees, revealing significant challenges in its legal battle.
MATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.
Everyone would agree that the world is becoming increasingly digitized, with the aptly named ‘Web 3.0’ era seemingly just around ...
From May 8, 2022, UST has been slightly unanchored and has been operating "underwater" for a long time, causing market panic. The giant whales continued to sell UST, and finally formed a death spiral. The lowest price of UST hit $0.21, and LUNA was wiped out.