The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin.
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Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP. […]Powered by WPeMatico
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and the subsequent delisting of XRP on various platforms. Ever since the […]
The post Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator appeared first on Bitcoin News.
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Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many […]
The post Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think appeared first on Bitcoin News.
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