“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated.
Category: Terra
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CME Bitcoin futures hit record high, but uncertainty looms above $36K
CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy.
SEC seeks summary judgment in Do Kwon and Terraform Labs case
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.
From payments to DeFi: A closer look at the evolving stablecoin ecosystem
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape.
Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and he had nothing to do with it.
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9.
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro.
Terra Luna Classic contemplates deposit hike to curb spam proposals
This measure is intended to counteract the influx of “spam” and irrelevant proposals submitted for voting within the Terra Luna Classic community.
Vauld gets permission for board restructuring from the court
Singapore-based crypto exchange has been ongoing bankruptcy proceedings since August 2022.
Terra money website frozen to prevent more phishing scams
The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.