Do Kwon’s superseding indictment includes money laundering charge
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for...
Terraform
SEC Nets Record $8.2B in Enforcement Actions for 2024
The U.S. Securities and Exchange Commission (SEC) has announced that it secured $8.2 billion in enforcement actions in 2024. This...
Wintermute Pushes for Ethena Fee Switch to Benefit sENA Token Holders
Crypto market maker and liquidity provider Wintermute has proposed a fee switch framework for the Ethena protocol. The main objective...
Terraform Labs secures court approval to wind-down operations after settling with SEC
Terraform Labs received court approval to wind down its operations in bankruptcy after settling a US Securities and Exchange Commission...
Ripple v SEC Lawsuit Update July 11
TL;DR Ripple has achieved significant partial legal victories in its ongoing battle with the SEC throughout 2023. The potential penalty...
Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing
Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange...
BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in...
Ethena USDe Tops $2.3B Market Cap But Risks Identified
Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant...
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
