Terraform Labs Co-Founder Do Kwon was sentenced to 15 years in prison for his role in the $40 billion crash of the company’s TerraUSD and...
Terraform Labs, whose collapse triggered a wider cryptocurrency market earthquake, has filed for bankruptcy. The Singapore-based digital asset company filed for Chapter 11 in Delaware Sunday (Jan....
The company and founder behind cryptocurrencies TerraUSD and Luna have been charged with defrauding investors. The Securities and Exchange Commission (SEC) said in a Thursday...
Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna. The New York Times reported Wednesday (Dec. 7) that U.S....
As cryptocurrencies slid Monday, bitcoin hit a three-month low, Bloomberg wrote. The sentiment took a hit because of a spate of financial tightening that will...
Celsius, the cryptocurrency lender that filed in July to reorganize under Chapter 11 of the federal bankruptcy code, on September 16 asked a court for...
Say one thing for algorithmic stablecoins like the one that collapsed in a $48 billion bank-run-style blaze of glory in May: They’re tenacious. Or rather,...
A Citi analyst said on July 21 that the contagion from a depegged stablecoin spreading eight- and nine-figure losses through the crypto lending and exchange...