Montenegrin official plans to extradite Do Kwon to the United States: Report
The Terraform Labs co-founder had been awaiting extradition to either the United States or South Korea after being arrested and charged in Montenegro. Go to Source
Terra
Auto Added by WPeMatico
Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC
According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” Go to Source
Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial. Go to Source
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. Go to Source
Do Kwon extradition approved by Montenegro court
Montenegro’s Minister of Justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States. Go to Source
Binance Confirms It Will Support Terra Classic (LUNC) Network Upgrade In November 2023
Recently, Binance has authoritatively declared its endorsement of the upcoming Terra Classic (LUNC) network upgrade. This is scheduled for November 20, 2023, at roughly 09:00 UTC. Also, the network transformation is set to happen at block height 15,493,370. #Binance exchange announced that it will support Terra Classic ( #LUNC ) blockchain upgrade. ➡️ $LUNC chain … Read more
SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated. Go to Source
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. Go to Source
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. Go to Source
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. Go to Source
