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Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto FraudThe U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from investors by creating an “interconnected suite of crypto-asset securities,” many of which were involved in […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill

Brazilian Securities Watchdog Demands Changes in Cryptocurrency BillThe new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including tokenized physical goods and carbon credits. Brazilian CVM Presses for Changes […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining

Regulator Reiterates Call for EU Ban on Proof-of-Work MiningThe EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces