US court issues final judgement against Terraform Labs, Do Kwon, imposes $4.5 billion in fines

The US District Court for the Southern District of New York has issued a final judgment against Terraform Labs and its co-founder Do Kwon, in the high-profile case filed by the Securities and Exchange Commission (SEC).

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Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.

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Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder

DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more.

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Solana’s Co-founder makes strong case for meme coins; spotlights memecoin migration from ETH to Solana

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SEC seeks $5.3b in penalty from Terraform Labs and co-founder Do Kwon

Regulators in the United States are seeking $5.3 billion in fines from Terraform Labs and its co-founder, Do Kwon, following a verdict in its civil case. According to an April 19 filing with the U.S. District Court for the Southern…

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AI Colliding with Blockchain? Mike Novogratz Supports Reddit Founder's Stunning Prediction

Reddit co-founder Alexis Ohanian has come up with an exciting AI-centred use case for blockchain

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Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app.

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Montenegro decides to extradite Do Kwon to South Korea in retrial

The Montenegrin high court overseeing Terraform Labs co-founder Do Kwon’s extradition retrial has decided to send him back to South Korea instead of the US, local media reported on March 7. The decision will likely be final as the case has gone through multiple stages of trials and appeals over the past year as both […] The post Montenegro decides to extradite Do Kwon to South Korea in retrial appeared first on CryptoSlate.

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Vitalik Buterin Highlights Potential Use Case of AI On Ethereum

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Ethereum solo validators that censor blocks should ‘be tolerated’ — Buterin

Speaking about a hypothetical scenario, the Ethereum co-founder said censorship should be tolerated depending on the case.

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IOTA co-founder: Lummis-Gillibrand is a blessing for the crypto industry

The bear market has been bad for cryptocurrency’s case against regulation. What comes next depends on how well we play ball, but Lummis–Gillibrand offers a favorable path forward.

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How I Made It: From Pro Baller to Master of DAOs

Gnosis Guild co-founder Auryn Macmillan on obsession, focus, curiosity – and the case for working for free as a career leg up. This post is part of CoinDesk's Future of Work Week.

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US prosecutors recommend minimum 1 year prison sentence for BitMEX co-founder Arthur Hayes

United States Prosecutors have filed a sentencing recommendation in the case against BitMEX co-founder Arthur Hayes seeking minimum one-year imprisonment. The post US prosecutors recommend minimum 1 year prison sentence for BitMEX co-founder Arthur Hayes appeared first on CryptoSlate.

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Solana Co-Founder Clarifies No Network Failure or DDoS Attack

Multiple reports have said that Solana experienced a network outage and DDoS this month. However, co-founder Raj Gokal claims that neither was the case and that the NFT game SolChicks was responsible for the low performance.

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Brian Armstrong says Ripple is fairing well in its case against the SEC

Coinbase’s co-founder and CEO, Brian Armstrong, believes that Ripple is doing better than projected in its case against the US Securities Exchange Commission (SEC). He shared his sentiments through a tweet on October 26, saying the case has made the regulator realize that attacking the crypto sector is politically unpopular because such actions harm consumers.

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This Bitcoin 'use case' might incentivize users in unexpected ways

On a recent podcast, the Co-founder of Finder Fred Schebesta vowed to give away Bitcoin worth $5 to every Australian who gets "vaxxed"(vaccinated). Schebesta, an entrepreneur worth more than $200 millThe post This Bitcoin 'use case' might incentivize users in unexpected ways appeared first on AMBCrypto.

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Apple Co-Founder Loses Lawsuit Against YouTube Over Crypto Giveaway Scams

Steve Wozniak has lost his lawsuit against YouTube over scammers using his image to push crypto giveaway scams on the streaming platform. The case touches on the responsibility of social media companies to police content posted by users.

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Court dismisses Steve Wozniak’s Bitcoin (BTC) scam case against YouTube

On Tuesday, a California state judge dismissed the case filed against YouTube by Apple Inc’s co-founder, Steve Wozniak. In the lawsuit, Wozniak claimed that his image was used in some YouTube videos to promote a fake Bitcoin giveaway.

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Apple co-founder Steve Wozniak loses Bitcoin scam case against YouTube

After filing a Bitcoin scam-related lawsuit against YouTube last year, Steve Wozniak now has 30 days to revise his complaint.

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Gemini Co-Founder Cameron Winklevoss Names Bullish Case for Bitcoin

Cameron Winklevoss believes that Bitcoin critics have no clue what?s happening to the U.S. Dollar

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How Investors Are Presented With Bitcoin: ‘A New Decentralized Monetary Asset, Akin to Gold’

Bitcoin (BTC) is a compelling investment case “for patient, long-term investors” willing to spend the time to understand the top cryptocurrency, a new paper by Paradigm co-founder managing partner Matt Huang notes.

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Wikipedia Co-Founder Says Crypto Integration Would Be ‘Completely Insane’

Wikipedia co-founder Jimmy Wales said Friday he has not seen a crypto use case convincing enough to integrate one into the platform.

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Bitmain Co-Founder Initiates Legal Fight to Return to Control Over Company

Forced out Bitmain co-founder Micree Zhan Ketuan has initiated a legal case to regain his position

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India: Supreme Court adjourns case related to crypto ban till January 2020; RBI banking ban hearing underway

Supreme Court of India heard the ‘Crypto vs. RBI’ case on August 8 where the government’s counsel is speculated to have produced the IMC drafted bill on cryptocurrency and asked the case to be adjourned till January 2020.

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‘Ultra-Bull Case’ for Bitcoin Driven By Central Banks – Anthony Pompliano

Anthony ‘Pomp’ Pompliano of Morgan Creek Digital believes Bitcoin is about to experience an epoch-defining next 18 months. ‘A Perfect Storm for Bitcoin’ Speaking to Bloxlive TV earlier in June, Pompliano said the next 18 months will be crucial for Bitcoin.

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If Bitcoin Hits This Key Level, It’s Going to Make a Run for $40K: Tom Lee

  By CCN Markets: The bitcoin price might have slipped below $8,000 for now, but it could be headed much higher in the near future. Fundstrat Global Advisors Co-Founder Thomas Lee is willing to put it on the line for bitcoin once again, making an aggressive short-term prediction on where the cryptocurrency could be trading if it can capture enough momentum.

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Need to Know: Kik’s $5 Million Fund to Fight the SEC

On May 28, 2019, during the Unchained podcast, the co-founder of the social media platform Kik and its cryptocurrency arm Kin Foundation, Ted Livingston, announced the launch of a $5 million fund to fight Kin’s ICO case with Securities and Exchange Commission (SEC).

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Ethereum [ETH]: Vitalik Buterin pays no heed to Wright’s legal notice, labelled “unlawful” by BSV’s Ayre

The curious case of Craig S Wright, the self-proclaimed Satoshi Nakamoto, and his dishing out of legal notices to the cryptocurrency community has not died down yet. The latest fury arose when Vitalik Buterin, the co-founder of Ethereum had irked the BSV camp by paying no heed to the “Letter of Claim” addressed to him.

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Op Ed: We Just Launched the First Cryptocurrency-to-Tax Payment Partnership

Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.

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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.

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Court Orders Bloq CEO to Provide Evidence in Craig Wright Lawsuit

Jeff Garzik, Co-Founder and CEO of Bloq, has been subpoenaed by US Courts to give evidence in the ongoing Kleiman v Wright case.

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Sats Back: How the Ebates of Bitcoin Plans to Convert Holders to Spenders

“The biggest problem I could think of was distribution. How do you share and educate both consumers and merchants on the power of bitcoin? I learned how much consumers loved earning and why merchants make decisions to adopt new technology.

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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash

For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.

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Why This Privacy Watchdog Says the SEC’s Crypto Exchange Crackdown Threatens to Stifle Free Speech

The Electronic Frontier Foundation is taking the SEC to task for potentially repressive policies related to enforcement actions levied against crypto industry firms. Free speech online is the EFF’s wheelhouse, but in a recent blog post, they’ve also addressed other matters in the cryptosphere.

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This Bitcoin Startup Is Working on Free Speech Alternatives to Patreon

Patreon has been making the case for censorship-resistant money increasingly apparent. The platform allows members to contribute to artists or creators that they support.

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Ripple CTO Claims XRP Eliminates PoW Risks Seen in Ethereum Classic’s 51% Attack

Ripple Labs has long been a polarizing startup in the cryptosphere. Case in point, the San Francisco-headquartered company, started by Stellar Development Foundation Mt. Gox co-founder Jed McCaleb, is often bashed for being in bed with centralized financial entities — what Bitcoin was created to destroy.

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Syncing Data Between Bitcoin Nodes Is About to Get Easier

Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node.

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Zooko from ZCash Urges Community to Donate to AirDropVenezuela

On December 10, 2018, the co-founder of privacy-oriented cryptocurrency ZCash asked community members to participate in AirdropVenezuela. The charitable venue promises to raise $1,000,000 to support 100,000 Venezuelan citizens as well as promote adoption of the cryptocurrency wallet Airtm.

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Reddit’s Alexis Ohanian Believes Blockchain Gaming is the Next Big Use Case Application for DLT

Alex Ohanian is the co-founder of Reddit. He also happens to co-own Cloud 9, which is amongst the most valuable esports teams globally. He has a strong belief that gaming powered by the blockchain will be huge.

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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn

Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.

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Storj Launches Version 3 of Its Decentralized Cloud Storage Platform

On October 30, 2018, Storj Labs released a public alpha for their version 3 (V3) platform –– enabling developers and companies to test their decentralized cloud storage solution.

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Brave Publishers Can Now Have Their Identities Verified with Civic

Civic, a digital identity firm, has collaborated with Brave, the privacy-based browser with a blockchain-based digital advertising platform, to provide identity verification services to Brave’s content creators.

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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good

Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.

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Audits and Quality Assurance: Patching the Holes in Smart Contract Security

On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23.

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