Global Crypto Market‑Maker Keyrock Acquires Turing Capital to Launch Asset & Wealth Management Division

Keyrock announced the launch of a dedicated Asset & Wealth Management division following its acquisition of Luxembourg‑registered alternative investment fund manager Turing Capital, the firm said. The move brings Turing’s systematic, onchain and risk‑focused investment strategies and fund management structure into Keyrock’s global crypto investment platform, expanding services for institutional clients and private investors beyond … Read more

Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud

The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer reports received in the first half of 2024 pertained to these scams, reflecting a 44% increase from the same … Read more

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims … Read more