CoinChapter.com reported that the class-action lawsuit against Do Kwon in Singapore is still ongoing. The High Court of Singapore rejected Terraform Labs and Do Kwon’s attempt to dismiss the lawsuit, which was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 claimants. The lawsuit alleges fraudulent misrepresentation by Terraform […]
CoinChapter.com reported that the class-action lawsuit against Do Kwon in Singapore is still ongoing. The High Court of Singapore rejected Terraform Labs and Do Kwon’s attempt to dismiss the lawsuit, which was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 claimants. The lawsuit alleges fraudulent misrepresentation by Terraform […]
Lawyers representing the United States Securities and Exchange Commission (SEC) and Terraform Labs, along with co-founder Do Kwon, recently clashed in court over allegations of fraud involving the LUNA token. The SEC claims that Terra and Kwon committed fraud, citing evidence provided by an anonymous whistleblower. However, Kwon’s legal team argued that the SEC was […]
Lawyers representing the United States Securities and Exchange Commission (SEC) and Terraform Labs, along with co-founder Do Kwon, recently clashed in court over allegations of fraud involving the LUNA token. The SEC claims that Terra and Kwon committed fraud, citing evidence provided by an anonymous whistleblower. However, Kwon’s legal team argued that the SEC was […]
Cristiano Ronaldo, the renowned footballer, is currently facing a billion-dollar class-action lawsuit in Florida. The lawsuit alleges that Ronaldo’s endorsement of Binance, the world’s largest cryptocurrency exchange, led investors to make unprofitable investments. It is claimed that Ronaldo actively promoted and supported the sale of unregistered securities in collaboration with Binance. Furthermore, Ronaldo is accused […]
Cristiano Ronaldo, the renowned footballer, is currently facing a billion-dollar class-action lawsuit in Florida. The lawsuit alleges that Ronaldo’s endorsement of Binance, the world’s largest cryptocurrency exchange, led investors to make unprofitable investments. It is claimed that Ronaldo actively promoted and supported the sale of unregistered securities in collaboration with Binance. Furthermore, Ronaldo is accused […]
Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]
Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]
Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]
House Majority Whip Tom Emmer has strongly criticized the Treasury Department’s recent recommendations for increased control over the cryptocurrency industry. Speaking at the Blockchain Association Policy Summit, Emmer expressed concerns about the agency’s intentions, cautioning against relying on a supposed savior figure. Emmer has also voiced opposition to central bank digital currencies (CBDCs), describing them […]
