Cheyenne Ligon

do-kwon,-terraform-labs-should-get-$5.3b-fine,-sec-tells-court
Posted by | April 23, 2024
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says...

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two-sec-lawyers-resign-following-debt-box-sanctions-fiasco:-bloomberg
Posted by | April 22, 2024
Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg

Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power”...

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indian-man-pleads-guilty-to-creating-spoofed-coinbase-website,-stealing-$9.5m-in-crypto
Posted by | April 19, 2024
Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto

An Indian citizen pleaded guilty this week to U.S. charges that he created a fake version of Coinbase's website, letting him steal login credentials on the real thing and plunder...

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craig-wright-drops-appeal-against-hodlonaut-in-norway
Posted by | April 11, 2024
Craig Wright Drops Appeal Against Hodlonaut in Norway

Craig Wright has dropped his appeal against Hodlonaut in Norway. The decision to drop the case comes a month after a U.K. judge definitively ruled that Wright is not the...

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defi-exchange-uniswap-receives-enforcement-notice-from-the-sec
Posted by | April 10, 2024
DeFi Exchange Uniswap Receives Enforcement Notice from the SEC

Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday. Uniswap CEO...

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republican-sen.-tillis-calls-for-‘light’-crypto-regulatory-framework-ahead-of-presidential-election
Posted by | April 9, 2024
Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election

Bipartisan senators called for a new regulatory framework for the crypto industry during a Senate Banking Committee meeting on Tuesday. Republican Senator Thom Tillis (R-N.C.) stressed that a "light" regulatory...

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chainalysis-hires-former-irs-criminal-investigations-chief-jim-lee
Posted by | April 8, 2024
Chainalysis Hires Former IRS Criminal Investigations Chief Jim Lee

Chainalysis has hired former IRS-CI chief Jim Lee for a newly-created position liaising with regulators, tax agencies, and law enforcement Lee will help those agencies better use Chainalysis’ data and...

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Posted by | April 5, 2024
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

NEW YORK – A Manhattan jury has found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in...

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genesis-completes-redemption-of-gbtc-shares,-buys-32k-bitcoins-with-proceeds
Posted by | April 5, 2024
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

Genesis has sold its shares of Grayscale Bitcoin Trust (GBTC) and used the proceeds to buy 32,041 bitcoins The bitcoins are worth $2.2 billion at today’s prices Bankrupt crypto lender...

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jury-begins-deliberations-in-civil-fraud-case-against-do-kwon,-terraform-labs
Posted by | April 5, 2024
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

A New York jury has begun deliberations in the SEC’s civil fraud case against Terraform Labs and its co-founder Do Kwon The SEC has accused the defendants of misleading investors...

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