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Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit

Terraform Labs and its co-founder Do Kwon filed a motion for summary judgment with a federal court, asking the judge to dismiss the SEC’s securities fraud lawsuit against it. Terraform Labs collapsed in May 2022 after its native token LUNA lost 99% of its value when the linked algorithmic stablecoin UST lost its peg to […] The post Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit appeared first on CryptoSlate. дальше »

2023-10-31 23:40


FTX Founder Sam Bankman-Fried Admits Limited Cryptocurrency Knowledge During Fraud Trial

During the ongoing trial of Sam Bankman-Fried, co-founder of the now-defunct FTX crypto exchange, startling revelations have emerged regarding his understanding of cryptocurrency. FTX Co-Founder’s Shocking Testimony  According to live coverage of the trial by The Guardian, Bankman-Fried confessed to knowing “basically nothing” about cryptocurrency before launching FTX and its affiliated hedge fund, Alameda Research. […] дальше »

2023-10-28 05:00


Pro-XRP Lawyer Deaton Exposes Clayton’s Hidden Agenda Against Ripple

John E Deaton, a prominent lawyer known for representing XRP holders and vocalizing his criticisms of Jay Clayton’s tenure as the SEC Chairman, recently took to Twitter to highlight what he believes to be glaring conflicts of interest surrounding the SEC’s enforcement action against Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen. Deaton tweeted, […] дальше »

2023-10-23 12:00


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Joseph Lubin, Consensys sued by early employees over 2020 restructuring

Ethereum (ETH) co-founder and Consensys CEO Joseph Lubin faces a lawsuit from 27 early employees who allege Lubin broke contractual agreements regarding equity shares. According to the lawsuit, filed in the New York Supreme Court, Lubin promised employees “hub equity” in ConsenSys (as it was styled at the time), meaning shares in the central ConsenSys entity […] The post Joseph Lubin, Consensys sued by early employees over 2020 restructuring appeared first on CryptoSlate. дальше »

2023-10-21 21:25