crypto collapse – DIGIT INFO

NY Attorney General sues crypto trader NovaTech, claims $1B fraud

DIGIT — Thu, 06 Jun 2024 21:00:11 +0000

Two people took in $1 billion in crypto deposits and traded $26 million of it, the suit alleges.

Terra co-founder Do Kwon says he’s not ‘on the run’

DIGIT — Mon, 19 Sep 2022 01:45:11 +0000

Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday.

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Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more….

DIGIT — Fri, 20 May 2022 05:15:57 +0000

Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a number of stablecoins”.

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Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules

DIGIT — Thu, 14 Oct 2021 01:30:29 +0000

Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to the country’s financial stability, the deputy governor says there are some “very good reasons” […]

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