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3232Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
https://www.digit.info/terraform-labs-and-former-ceo-do-kwon-found-liable-for-civil-fraud-by-jury/
Fri, 05 Apr 2024 20:33:57 +0000https://www.digit.info/2024/04/05/terraform-labs-and-former-ceo-do-kwon-found-liable-for-civil-fraud-by-jury/Read more]]>On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks. The trial culminated in the jury’s decision in a federal courtroom subsequent to […]
]]>Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
https://www.digit.info/do-kwon-challenges-secs-jurisdiction-in-multibillion-dollar-crypto-securities-fraud-case/
Sat, 22 Apr 2023 22:00:06 +0000https://www.digit.info/2023/04/22/do-kwon-challenges-secs-jurisdiction-in-multibillion-dollar-crypto-securities-fraud-case/Read more]]>Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets […]
]]>New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
https://www.digit.info/new-hampshire-court-sides-with-sec-in-lawsuit-against-lbry-projects-team-says-loss-sets-a-dangerous-precedent/
Mon, 07 Nov 2022 21:00:29 +0000https://www.digit.info/2022/11/07/new-hampshire-court-sides-with-sec-in-lawsuit-against-lbry-projects-team-says-loss-sets-a-dangerous-precedent/Read more]]>The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or a transferable share representing a certificate of interest. On Twitter, LBRY […]
]]>Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit
https://www.digit.info/finders-experts-expect-xrp-to-spike-to-3-81-by-2025-if-ripple-wins-sec-lawsuit/
Fri, 14 Oct 2022 14:00:43 +0000https://www.digit.info/2022/10/14/finders-experts-expect-xrp-to-spike-to-3-81-by-2025-if-ripple-wins-sec-lawsuit/Read more]]>Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit […]
]]>Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years
https://www.digit.info/jed-mccalebs-tacostand-xrp-wallet-is-near-empty-after-the-ripple-co-founder-transferred-9-billion-xrp-over-the-years/
Mon, 18 Jul 2022 17:30:53 +0000https://www.digit.info/2022/07/18/jed-mccalebs-tacostand-xrp-wallet-is-near-empty-after-the-ripple-co-founder-transferred-9-billion-xrp-over-the-years/Read more]]>Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored […]
]]>Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year
https://www.digit.info/jed-mccalebs-ripple-stash-down-to-81-million-co-founders-xrp-cache-likely-to-dry-up-this-year/
Sun, 03 Jul 2022 19:30:18 +0000https://www.digit.info/2022/07/03/jed-mccalebs-ripple-stash-down-to-81-million-co-founders-xrp-cache-likely-to-dry-up-this-year/Read more]]>After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left. […]
]]>Telegram Users Can Send and Receive Toncoin Within Messenger Chats
https://www.digit.info/telegram-users-can-send-and-receive-toncoin-within-messenger-chats/
Mon, 02 May 2022 16:30:31 +0000https://www.digit.info/2022/05/02/telegram-users-can-send-and-receive-toncoin-within-messenger-chats/Read more]]>Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system. TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot The ability to send […]
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks. The trial culminated in the jury’s decision in a federal courtroom subsequent to […]
]]>
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets […]
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or a transferable share representing a certificate of interest. On Twitter, LBRY […]
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit […]
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored […]
After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left. […]
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system. TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot The ability to send […]