Trial against Terraform Labs and Do Kwon to begin in NYC in Kwon’s absence
The trial against Terraform Labs and Do Kwon begins in NYC post-prison release. SEC accuses Kwon of fraud over TerraUSD collapse, sparking $40B loss. As the NYC trial unfolds, the…
Bybit gets “in-principle” approval to begin operations in Kazakhstan
Bybit has been in the process of expanding its service offerings. Bybit received “in-principle” approval from the Astana International Financial Centre to begin operations in Kazakhstan. The exchange will begin…
Binance set to begin operations in Japan in two months’ time
Japan’s financial authorities had issued a warning that Binance was operating in the country without permission. Binance acquired Sakura Exchange BitCoin (SEBC) in November 2022. Existing services on SEBC will…
Celsius customers begin withdrawing funds eight months after bankruptcy filing
Funds withdrawals by Celsius custody account holders started on March 2. The withdrawals are opening about 8 months after the crypto lender filed for bankruptcy in June last year. The…