Kwon's Extradition Confirmed as SEC Trial Approaches
Do Kwon, Terraform Labs' co-founder, faces extradition to the U.S. for charges related to a "multi-billion dollar crypto asset securities fraud" following the 2022 UST collapse.
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Do Kwon, Terraform Labs' co-founder, faces extradition to the U.S. for charges related to a "multi-billion dollar crypto asset securities fraud" following the 2022 UST collapse.
Gyeonggi Province, South Korea, implements an electronic system to swiftly identify and tax cryptocurrency tax evaders, recovering $4.6 million in owed taxes, setting a precedent in digital asset regulation.
South Korean police warn of crypto scammers in chat app "reading rooms," deceiving investors with false promises, leading to an investigation and calls for vigilance against such fraudulent schemes.
Arthur Hayes criticized Cardano's dApps for lack of utility, engaging in a heated exchange with co-founder Charles Hoskinson, while questioning ADA's value and suggesting Ethereum as a better option.
Startale Labs secures $7M in seed funding from Samsung, UOB, and Sony for Web3 expansion, aiming to lead Web3 adoption in Asia with innovative products and strategic partnerships.
Shanghai Anxun Information Company's internal leak on GitHub exposed illegal cybersecurity services, infiltrating government departments globally, and selling sensitive information, sparking calls for industry regulation.
Digital Currency Group disputes Genesis' settlement with NYAG over fraud charges, arguing it unfairly prioritizes certain creditors, challenging legal and regulatory norms in the crypto industry.
Philippine regulators threaten to block Binance for operating without a license, raising concerns among the crypto community and testing the exchange's compliance under new leadership amidst global regulatory challenges.
Paris Saint-Germain becomes a blockchain validator for Chiliz Chain, using revenue to buy back PSG fan tokens, pioneering sports clubs' deeper integration into digital economies and cryptocurrency technologies.
Lejilex and CFAT sue the SEC for overstepping in crypto regulation, seeking clear rules and challenging the classification of digital assets as securities, invoking the major questions doctrine.