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  • Market Cap: $3,722,022,484,495.11
  • 24h Vol: $166,872,959,263.37
  • BTC Dominance: 55.17%

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do-kwon’s-terraform-sent-$7-million-to-law-firm-before-collapse,-report-unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Leave a Comment / Bitcoin, ceo, Charges, co-founder, collapse, Crash, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, embezzlement, Ethereum, Fraud, Investigation, Kim & Chang, law firm, Lawyers, LUNA, money, Montenegro, News, Payments, Prosecutor's, Singapore, South Korea, south korean, Stablecoin, Terraform, terraform labs, TerraUSD, transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean […]

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils Read More »

seoul-takes-control-over-$160-million-in-assets-of-former-terraform-employees,-founder

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

Leave a Comment / Assets, Bitcoin, co-founder, co-founders, Court, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Daniel Shin, do kwon, Employees, Ethereum, Executives, founder, Founders, LUNA, News, property, Prosecutor's, prosecutor's office, Real estate, seize, Seizure, Seoul, Terraform, terraform labs, TerraUSD, Trial / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South Korean Law Enforcement Moves to Seize Terraform-Linked Real Estate, Report Prosecutors

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder Read More »

south-korean-court-denies-arrest-warrant-for-terraform-co-founder-daniel-shin

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin

Leave a Comment / Arrest, arrest warrant, Bitcoin, co-founder, Court, Crypto Hacked, Cryptocurrency, Daniel Shin, denied, do kwon, Ethereum, founder, LUNA, Montenegro, News, prosecutor's office, rejected, South Korea, south korean, Terraform, terraform labs, TerraUSD, U.S. / / / , , , , , , , , , , , , , , , , , ,

A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves Terraform Co-Founder at Large Citing

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin Read More »

do-kwon’s-extradition-likely-to-take-time,-montenegrin-prosecutor-says

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

Leave a Comment / Arrest, Bitcoin, Case, ceo, co-founder, collapse, counterfeited, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, Documents, Ethereum, extradition, fake, forged, founder, Haris Šabotić, Investigation, Kwon, LUNA, Montenegro, News, passport, Podgorica, prosecutor, prosecutor's office, Šabotić, Stablecoin, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says Read More »

republican-congressman-tom-emmer-queries-fdic-on-alleged-efforts-to-purge-crypto-activity-from-us

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

Leave a Comment / anti-crypto message, banking services, Barney Frank, Bitcoin, central bank digital currency, co-founder, collapse, Crypto activity, crypto businesses, Crypto Hacked, Cryptocurrency, deposit insurance corporation, Digital Assets, Digital Currencies, Ethereum, FDIC, Financial Institutions, Financial Technology, ftx, Gary Gensler, GOP, GOP Majority Whip, government oversight, Gruenberg, legal entities, News, purging, receivership, Regulatory Compliance, regulatory efforts, Republican lawmakers, SEC, Signature Bank, Targeted, tom emmer, U.S. banking industry, U.S. Central Bank, U.S. financial regulators, U.S. lawmakers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Specifically, Emmer asked Gruenberg if

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US Read More »

report:-doj-and-fbi-investigating-terraform-labs-in-connection-to-algorithmic-stablecoin-collapse

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

Leave a Comment / Alexander Osipovich, Algorithmic stablecoin, Bitcoin, Blockchain, CHAI, Charges, co-founder, Crypto Hacked, Cryptocurrency, Daniel Shin, dismissal, DOJ, Dubai, Ethereum, FBI, Fraud, Investigation, investigators, lawyer, LUNA, Luna 2.0, Money Laundering, multibillion-dollar, News, probe, relationship, SDNY, SEC, securities fraud, Serbia, Social Media, South Korea, south korean, Terra USD, terraform labs, TFL CEO, unusual, UST, Wall Street Journal / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra blockchain project, have been questioned by U.S. law enforcement. Unusual Relationship:

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse Read More »

solana-faces-renewed-criticism-after-10th-downtime-and-bumpy-restart,-but-developers-remain-optimistic

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic

Leave a Comment / 10th down, 10th downtime, Anatoly Yakovenko, Bitcoin, Blockchain, Brandon Tucker, co-founder, Criticism, Crypto Hacked, Cryptocurrency, Decentralization, design flaw, downtime, Ethereum, fast, Forums, Investigation, Liquid Staking, Marinade Finance, News, outage report, performance degradation, rally, real time, restart, root cause, shorting, Social Media, SOL token, Solana, solana labs, super secure, Throughput, Upgrade, validator community, Validators, widely used / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic Read More »

former-ftx-ceo-sam-bankman-fried-faces-new-charges-in-multi-billion-dollar-fraud-case

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case

Leave a Comment / Alameda Research, Bank Fraud, Bitcoin, Charges, co-founder, commodities fraud, Corruption, Crypto Hacked, Cryptocurrency, Customers, customers' deposits, derivatives, detection, Ethereum, Federal Election Commission, federal grand jury, Fraud, ftx, indictment, industry, Money Laundering, money transfer, multibillion-dollar, new charges, new indictment, News, operations, Regulation, Sam Bankman-Fried, sbf, schemes, securities fraud, Stolen funds, systems, trust, unlawful contributions, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case Read More »

bitcoin-ordinal-inscriptions-surge-past-100,000-mark,-spurring-development-of-supporting-infrastructure

Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure

Leave a Comment / 100000 Ordinals, adoption, Bitcoin, Bitcoin (BTC), Bitcoin Inscriptions, Bitcoin web wallet, block sizes, Blockchain, BTC inscriptions, Calculator, co-founder, Crypto Hacked, Cryptocurrency, Decentralized network, Development, Ecosystem, Ethereum, Full Node, gamma.io, Hell Money Podcast, infrastructure, Layer 2 Solutions, Marketplaces, minting, News, NFTs, Ordinal inscriptions, ordinal marketplace, ordinal support, Ordinal Trend, ordinals, ordinalsbot.com, record usage, Smart Contracts, Stacks, Surge, Taproot, Tools, Transaction Fees, Xverse / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node. Additionally, a decentralized Ordinal exchange is reportedly in the works. 100,000 Inscriptions

Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure Read More »

russia-releases-bitzlato-co-founder-anton-shkurenko-after-questioning

Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning

Leave a Comment / Anton Shkurenko, Arrest, Bitcoin, Bitzlato, Charges, co-founder, Crypto, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Europol, Exchange, Exchanges, extradition, France, french, INTERPOL, Prosecutor's, Release, Russia, russian, Shkurenko / / / , , , , , , , , , , , , , , , , , , , ,

Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against him that became the reason for his brief detention. Shkurenko Says Potential Case Against Him in Russia Won’t Interfere With

Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning Read More »