Terraform Labs advocates for a $1 million penalty instead of the $5.3 billion sought by the SEC after Do Kwon's fraud conviction, arguing for financial responsibility distinctions.
WeiliangIn the midst of a crackdown on crypto privacy technology, Keonne Rodriguez, co-founder of Samourai Wallet, has entered a plea of not guilty to charges of laundering and operating without a license.
KikyoThe Lazarus Group, a North Korean hacking syndicate, has elevated its crypto phishing tactics by exploiting LinkedIn's trust. They impersonate industry figures to lure unsuspecting victims, highlighting the need for enhanced cybersecurity measures in the crypto community.
JoyU.S. legislators have fiercely criticized the SEC's investigation into Ethereum, accusing Chairman Gary Gensler of intentionally misleading Congress.
AlexFormer Binance CEO CZ acknowledged wrongdoing, surrendered voluntarily, and received a four-month sentence, while former FTX CEO SBF opted for trial, asserting innocence, and received a 25-year sentence instead.
CatherineHong Kong's Bitcoin and Ether ETFs launch saw a modest trading volume, indicating cautious investor sentiment amid regulatory concerns and market volatility. Despite the muted response, increased trading volume suggests growing interest, hinting at potential future market impact.
WeatherlyThe recent plunge in Bitcoin has piqued investor interest, with many considering the significant volatility of this digital token as a harbinger of broader changes in global market risk appetites. Charlie Morris, Chief Investment Officer at ByteTree Asset Management, wrote in a report, "Bitcoin is our favorite canary. It serves as a warning of potential future troubles in financial markets, yet we remain confident that it will rebound at some point."
MiyukiChinese police arrest an identity forger involved in StarkNet cryptocurrency airdrop, who illegally obtained tokens and then converted them into USDT stablecoins.
WeiliangGary Gensler's ambiguous position on Ethereum raises questions about the SEC's regulatory approach.
KikyoIndian authorities crack down on cryptocurrency fraud schemes like HPZ Token and E-Nugget, seizing assets and sending a strong message against illegal activities. Despite concerns, young Indian investors drive crypto market growth, but regulatory clarity is essential for mainstream adoption.
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