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The SEC complaint included allegations around claims of TerraUSD’s peg, Terra’s relationship to Chai, and co-founder Do Kwon cashing out for millions. Go to Source Powered by WPeMatico
Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange’s venture backers. Go to Source Powered by WPeMatico
The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators. Go to Source Powered by WPeMatico
Gary Gensler said investors in crypto projects “should know why celebrities are making those endorsements,” as Kim Kardashian and Paul Pierce did for EMAX through social media. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws … Read more
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights? Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from investors by creating an “interconnected suite of crypto-asset securities,” many of which were involved in … Read more
Join us as we discuss whether it’s time to consider stacking some sats and buying into some attractive altcoins. Go to Source Powered by WPeMatico
ETH price is in danger of losing another 20% versus Bitcoin by March, based on a mix of technical and fundamental indicators. Go to Source Powered by WPeMatico
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin. Go to Source Powered by WPeMatico
