The United States Securities and Exchange Commission has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital
Crypto exchange Upbit may face possible sanctions in South Korea for not complying with the country's money laundering and know your customer (KYC) obligations, according to a report from local news site Maeil.Upbit which is one of South Korea's larg
Canadian Conservative front-runner Pierre Poilievre has become a darling among crypto proponents, who say he will usher in a new era of financial freedom — but others fear he has more to lose than gain by embracing crypto in this upcoming election cy
The criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, is tentatively set for January 2026 in the United States. The timeline accounts for the processing of six terabytes of data as part of the discovery phase.A Mountain of
NEW YORK, NY — Terraform Labs co-founder and former CEO Do Kwon’s criminal fraud trial in the U.S. has been tentatively scheduled for next January, allowing prosecutors and Kwon’s defense attorneys adequate time to review the “massive” six-terabyte t
Update (Jan. 8 at 4:45 pm UTC): This article has been updated to include details from a Jan. 8 status conference.Prosecutors representing the US government in its criminal case against Do Kwon have laid out their plans for discovery, including reques
U.S. prosecutors, who have filed criminal charges against former Terraform Labs CEO Do Kwon, estimate that the collapse of TerraUSD and Luna cryptocurrency potentially affected more than one million victims.“While it is difficult to precisely quantif
Crypto markets are poised for a dynamic start to the new year, with a series of pivotal events set to reshape sentiment and trading volumes. From macroeconomic decisions by the Federal Reserve to protocol updates and legal proceedings, here are the k
Terraform Labs co-founder Do Kwon was handed over to United States law enforcement by authorities in Montenegro after a months-long battle over where he would be extradited.Montenegrin Prime Minister Milojko Spajić said in a Dec. 31 X post that Kwon
Prosecutors with the United States government overseeing Do Kwon’s criminal case have estimated that the Terraform Labs’ co-founder could potentially have more than one million victims across the world after the collapse of the ecosystem.In a Jan. 6
Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, accordin
Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, accordin
Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, accordin
Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, accordin
Today in crypto, the Bitcoin network’s hashrate hit a new all-time high above 1,000 exahashes per second, phishing attacks were the most costly attack vector for the crypto industry in 2024, according to a new report from CertiK, and BlackRock’s iSha
Today in crypto, phishing attacks were the most costly attack vector for the crypto industry in 2024, according to a new report from CertiK, BlackRock’s iShares Bitcoin Trust (IBIT) has clocked its largest one-day outflow since its launch in 2024, an
Do Kwon, the co-founder of the bankrupt Terraform Labs, pleaded not guilty to fraud charges brought against him by US prosecutors for his role in the $40 billion TerraUSD stablecoin collapse, according to Bloomberg.Another High-Profile Crypto TrialKw
The United States Attorney’s Office revealed an additional charge for Terraform Labs co-founder Do Kwon following his extradition from Montenegro: money laundering conspiracy.In a superseding indictment unsealed on Jan. 2 in the US District Court for
Terraform Labs co-founder Do Kwon appeared before a US magistrate on Jan. 2, 2025, and pleaded not guilty to the charges in the first legal hearing for the former tech executive since his extradition to the US.The embattled crypto founder appeared be
Do Kwon, the South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, pleaded not guilty on Thursday to a series of criminal fraud charges in a Manhattan federal court. This comes just days after his extradition from Montenegro, whe