The Terra Classic Community Proposes Burning 800 Million USTC Tokens The Terra Classic community, led by the L1 Task Force (L1TF) and network validators, has introduced…
Legal Maneuvers and Confidentiality Do Kwon, co-founder of Terraform Labs, is facing legal action by the SEC, but a recent move by Judge Jed Rakoff in…
The Bankruptcy Proceedings and Frozen Assets of Three Arrows Capital The bankruptcy proceedings for cryptocurrency hedge fund Three Arrows Capital (3AC) continue to send shockwaves through…
Better Market CEO Criticizes Crypto Market Abuses The CEO of Better Market, a financial firm, has criticized the frequent market abuses and false advertising strategies employed…
A British Virgin Islands Court Freezes 3AC Co-Founders’ Assets A court in the British Virgin Islands has issued an order freezing approximately $1.14 billion in assets…
Protective Order Issued in SEC Lawsuit against Terra and Do Kwon In the ongoing lawsuit between the SEC and Terra, a protective order has been issued…
A British Virgin Islands court freezes assets of Three Arrows Capital founders A British Virgin Islands court has ordered the freezing of up to $1.1 billion…
South Korea’s Crypto Market Suffers Major Blow In 2022, fraud and collapse within Do Kwon’s Terra-Luna ecosystem led to a staggering $40 billion crash, highlighting the…
Uphold Delisting Cryptocurrencies in Canada Prominent cryptocurrency exchange Uphold has recently announced a significant wave of delisting impacting several major cryptocurrencies for its users in Canada,…