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Terraform Labs settles to pay SEC $4.5 billion in fraud case
Terraform Labs settles to pay SEC $4.5 billion in fraud case

Share link:In this post: Terraform Labs and its former CEO Do Kwon have agreed to pay $4,5 billion to SEC in a civil fraud case. The agreement bans Terraform and Kwon from buying or selling crypto assets. SEC also compels Kwon to pay $200 million to the Terraform bankruptcy estate.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultat

Cryptopolitan·2024/06/13 01:10
Empire Newsletter: Bitcoin’s back to correlating with US equities
Empire Newsletter: Bitcoin’s back to correlating with US equities

And, has Gensler’s SEC gone too far?

Blockworks·2024/06/13 00:28
FIT21 isn’t the crypto win you think it is
FIT21 isn’t the crypto win you think it is

This might sound contradictory to the entire ethos of the crypto space, but I believe that the most powerful players in crypto want to become the next Big Tech

Blockworks·2024/06/12 23:22
Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss
Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss

Biggest ENA staker sold over $14 million worth of tokens.

Cryptopotato·2024/06/12 23:16
Terraform Labs Agrees To Pay $4.47 Billion Fine With SEC
Terraform Labs Agrees To Pay $4.47 Billion Fine With SEC

This would mark the largest crypto-related fraud settlement in history.

Cryptopotato·2024/06/12 23:16
Biden campaign in talks to accept crypto donations through Coinbase Commerce: sources
Biden campaign in talks to accept crypto donations through Coinbase Commerce: sources

Quick Take President Biden’s re-election team is in talks about accepting crypto donations, sources told The Block. This comes a few weeks after Donald Trump began accepting crypto donations to his campaign through Coinbase Commerce.

The Block·2024/06/12 23:04
Flash
03:26
"BTC OG insider whale" agent shorted ZEC again, with over $20 million in unrealized losses on bitcoin long positions
BlockBeats news, June 27, according to Ember monitoring, the "BTC OG insider whale" agent Garrett Jin placed a ZEC short order worth 21.73 million USD at a price of 418.9 USD half an hour ago, of which 4.93 million USD has been filled, and an order worth 16.8 million USD is still waiting to be filled. After all orders are filled, he will be the largest ZEC holder on Hyperliquid. In addition, his long position of 1,270 BTC opened at 76,117 USD (worth 96.54 million USD) has an unrealized loss of 20.15 million USD.
03:11
Base B20 token standard mainnet activation delayed again
Foresight News reports that Base Build tweeted that due to recent issues with network stability, the activation time for the Base B20 token standard on the mainnet has been postponed again. The official team will announce the adjusted schedule soon. At the same time, Sepolia and Vibenet will continue as planned.Earlier, Foresight News reported that Jon Roethke, Base Senior Developer Advocate, tweeted that the B20 token standard is expected to be activated on the Base mainnet at 2:00 on June 27 (UTC+8).
03:07
About 2,500 seafarers have been evacuated from the Strait of Hormuz.
The International Maritime Organization announced on the 23rd the launch of an evacuation plan for stranded seafarers in the Strait of Hormuz region, recommending the northern route on the Iranian side of the Strait of Hormuz and the southern route on the Omani side. On the 25th, the organization announced that a vessel was attacked in the Gulf of Oman that day and decided to suspend the evacuation of stranded ships in the Strait of Hormuz. According to international shipping data, even after the International Maritime Organization suspended its evacuation operation, vessels continue to pass through the Strait of Hormuz.
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