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…
US prosecutors water down FTX Ex-CEO SBF’s second trial probability: no new evidence
US prosecutors deem the second trial unlikely for FTX’s ex-CEO Sam Bankman-Fried. Lack of new evidence cited; the initial trial covered major aspects of the case. The guilty verdict stands;…
FTX trial: FTX used billions in customer funds for Binance stake buyback
FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds…
Solana dips amid Bankman-Fried’s trial mentions; eyes on InQubeta presale
Crypto exchange FTX might be bankrupt but it continues to spell bad news for Solana. During the ongoing trial of FTX’s former CEO Sam Bankman-Fried, Solana’s name has cropped up…
Mastercard’s successful CBDC wrapping trial for NFTs
The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains. Mastercard’s Multi Token Network played a pivotal role in the trial. There is a growing importance of CBDCs…
Ripple, SEC inform Judge Torres of availability for trial in Q2, 2024
Ripple Labs is ready for a court battle with the US Securities and Exchange Commission (SEC), the company’s counsel says. Ripple’s legal team has filed a response to US Judge…
Coinbase enters the Canadian market with Coinbase One, free 30-day trial
Coinbase is seeking to expand into Canada as it faces tough times at home. Coinbase launched an Ethereum layer-2 network last week. It is worth noting that a number of…