SEC faces Aug. 20 deadline to unlock $123 million recovery fund for Terra investors
The US Securities and Exchange Commission (SEC) faces an Aug. 20 deadline to submit a plan for distributing…
Browsing Tag
UST
411 posts
Judge lets Terraform use Jump lawsuit evidence while blocking four late creditor claims
Terraform Labs’ bankruptcy court cleared the Plan Administrator to use Jump Trading documents in a lawsuit seeking at…
UK House of Lords Committee hears praise for stablecoins
U.K. Parliamentary Committee highlights stablecoins’ benefits for cross-border payments amid regulatory concerns from the FCA and BoE. The…
US crypto market structure impasse; Do Kwon gets 15 years
Do Kwon gets 15 years for Terraform Labs’ collapse after pleading guilty to fraud charges, capping a multinational…
Terraform founder Do Kwon pleads guilty to two fraud charges
Reports reveal that Do Kwon pleaded guilty and waived his right to trial on two of the nine…
Terraform Labs launches claims portal for algorithmic UST stablecoin crash victims
Terraform Labs, the bankrupt firm behind the failed TerraUSD (UST) stablecoin, has launched a crypto claims portal. This…
Binance’s CZ Hints at FTX’s Possible Involvement in LUNA Crash
Former Binance CEO raises questions on the potential involvement of the infamous FTX exchange in the LUNA/UST crash…
South Korea’s Supreme Court Declares TerraUSD and Luna Non-Securities
[[{„value”:” Coinspeaker South Korea’s Supreme Court Declares TerraUSD and Luna Non-Securities South Korea’s Supreme Court has ruled that…
Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement…
CFTC records $17B monetary relief in 2024, thanks to digital assets
In 2024, the U.S. agency brought 58 new enforcement actions, including precedent-setting digital asset commodities cases, but the…