US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.
Related Posts
U.S. Law Firm Files Claims Against AT&T, T-Mobile Over SIM Swap-Enabled Crypto Thefts
U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile for “SIM-swap”-related thefts, according to a press release published Nov. 8SIM-swapping – also known as a ‘port-out scam’ – involves the theft of a cell phone number in order to hijack online financial and social media accounts, enabled…
Trump memecoin massacre: Tokens plummet 50% after US election victory
Most of the Donald Trump-themed memecoins have tanked while the rest of the crypto market continues to gain.
Solana price corrects as recent (SOL) rally factors come under question
Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity support Solana’s present $16.9 billion market capitalization.Solana's
Dutch crypto exchange users bemoan additional KYC requirements
Bitstamp traders based in the Netherlands now have even more regulatory hoops to scale before being able to withdraw their funds. 1667 Total views 18 Total shares Crypto exchange platform Bitstamp is reportedly demanding additional Know Your Customer compliance steps for Dutch-based users.According to a notice sent to Twitter user “Bitcoin Marcus,” — a Bitstamp…
Silicon Valley-based tech accelerator expands its digital asset vertical to France
Plug and Play Tech Center will add crypto and digital assets to the list of verticals in its Paris office, where it will help startups network with consumer brands. 443 Total views 7 Total shares Own this piece of history Collect this article as an NFTPlug and Play Tech Center, an accelerator based in California’s…
Busan is developing an Ethereum-compatible mainnet to become a ‘Blockchain City’
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal. 182 Total views 36 Total shares South Korea's second-largest city Busan is developing a public blockchain network compatible with mainstream blockchain platforms such as Ethereum and Cosmos. The aim is
SBI looking to set up joint crypto ventures with foreign firms
SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. 958 Total views 6 Total shares Japanese financial conglomerate SBI Holdings is reportedly planning to set up a joint cryptocurrency venture with foreign financial companies.SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other financial…
Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since March, What’s Next?
While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular, the 40th-ranked cryptocurrency by market capitalization, has seen a surge of 950% since the crash in March, which warrants an analysis of whether ZIL’s monster rally is finished…