Terraform Labs files for bankruptcy protection in USSingapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 ...
22 Jan, 2024, 08.31 AM IST
US SEC trial against Terraform Labs postponed to allow Do Kwon extraditionIn an order, US District Judge Jed Rakoff in Manhattan pushed back the trial to March 25 from Jan. 29, with no further delays even if Kwon ...
20 Jan, 2024, 12.25 PM IST
Coinbase, SEC set to face off in federal court over regulator's crypto authorityCoinbase will argue at a court hearing on Wednesday that the U.S. securities regulator should drop its case against it because the tokens t...
17 Jan, 2024, 04.49 PM IST
Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated lawUS District Judge Jed Rakoff in Manhattan sided with the Securities and Exchange Commission in its case stemming from the implosion of the ...
29 Dec, 2023, 07.53 AM IST
The other crypto bosses in US authorities' crosshairsOnetime crypto poster child Sam Bankman-Fried was found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-p...
03 Nov, 2023, 11.19 PM IST
Why Elon Musk might lose his latest battle with the SEC over Twitter probeSEC sued Musk in 2018 and again in 2019 in relation to a tweet he sent saying that he had funding secured to take his electric carmaker Tes...
09 Oct, 2023, 09.30 PM IST
Why the SEC might win its latest battle with Elon MuskThe U.S. Securities and Exchange Commission (SEC) has asked a federal court to force Elon Musk to testify for its investigation into his ta...
09 Oct, 2023, 03.48 PM IST
US SEC asks judge to deny Coinbase motion to dismiss its lawsuitThe agency said Coinbase was wrong to rely on a recent court ruling that found cryptocurrency developer Ripple Labs Inc did not violate fed...
04 Oct, 2023, 05.53 PM IST
US SEC cannot appeal Ripple Labs decision, judge rulesThe SEC had sought permission to appeal Torres' findings about "programmatic" sales of XRP and about "other distributions" of XRP as a mean...
04 Oct, 2023, 02.08 PM IST
Crypto industry steps up arguments that Supreme Court doctrine bars SEC enforcementThe crypto industry appears to be undeterred by a ruling last month that casts doubt on a sweeping theory that could squelch efforts by the...
16 Aug, 2023, 04.20 PM IST
US SEC seeks to appeal Ripple Labs crypto decisionThe SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion."
11 Aug, 2023, 10.11 PM IST
Terraform Labs must face US SEC fraud allegations, judge rulesKwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.
01 Aug, 2023, 11.46 AM IST
US judge considers whether Terraform Labs' cryptocurrencies were securitiesTerraform Labs and its founder Do Kwon were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.
16 Jun, 2023, 09.37 AM IST
Crypto founder Do Kwon indicted in US following Montenegro arrest"We also allege that they committed fraud by repeating false and misleading statements to build trust before causing devastating losses for...
24 Mar, 2023, 08.16 AM IST
US cracks down on crypto industry with flurry of actionsLast month, the Securities and Exchange Commission levied fines and other penalties against crypto lending firms, while federal banking off...
19 Feb, 2023, 11.17 AM IST
US cracks down on crypto industry with flurry of actionsLast month, the Securities and Exchange Commission levied fines and other penalties against crypto lending firms, while federal banking off...
18 Feb, 2023, 11.15 AM IST
Fake Tesla, Apple stocks have started trading on blockchainsThe synthetic shares join a strange new world of assets such as digital artwork and highlights of NBA games now trading on blockchains.
06 Jul, 2021, 06.37 PM IST