Do Kwon reportedly arrested in Montenegro?
Reports are surfacing that Terra Ecosystem co-founder and CEO, Do Kwon may have been arrested in Montenegro while trying to use falsified details to enter the country.
US SEC warns Coinbase of possible charges
The US SEC has issued a Wells notice to crypto exchange Coinbase over its crypto staking services. A Wells notice always comes before this regulator legally presses charges.
Crypto conspiracy leads a Brit into a Moscow Prison
Christopher Emms has been allegedly arrested and detained in Moscow for aiding North Korea with its crypto pursuits. It’s not Emm’s first time to be arrested on the matter as he had been in Saudi custody too but was released for lack of enough evidence.
Crypto Staking cancellation not good for the US- Coinbase CEO
On Thursday, Coinbase CEO Brian Armstrong shared a Twitter post saying the US SEC had plots to do away with crypto staking. His Twitter thread sparked mixed reactions as the crypto community took it as a potential attack on the innovation.
FTX debacle gets new twists with Bankman-Fried at the center
FTX meltdown has been monumental. Now, a series of events haunt Bankman-Fried and keep him away from what was once his crypto estate.
FTX was under ASIC’s watch months before the meltdown
FTX did not convince the ASIC of its operations. New details show that the exchange had been served 3 notices in eight months. The surfaced report claims that the ASIC had warned about the exchange in March, the first month it began operations there.
FTX VCs liable to serious questioning- CFTC
CFTC commissioner has revealed that FTX VCs will be included in a series of serious grilling regarding the ongoing FTX case. The commissioner said that the management at FTX was questionable and raised many eyebrows. Now, the CFTC want’s to unearth what was going on there.
Bankman-Fried to lose $700M if convicted
Bankman-Fried, FTX Ex-CEO, and founder will lose assets worth $700M if he is found guilty of fraud during his upcoming trial. Bankman-Fried was arrested in the Bahamas and extradited to the US, facing multiple counts of fraud and breaking banking rules.