Jurors have begun deliberations in the SEC's civil fraud case against Do Kwon and Terraform Labs, with a verdict finding them liable for fraud. The case, which has drawn significant attention, involves allegations of Terraform Labs and its co-founder Do Kwon, who is currently in Montenegro, misleading investors. The SEC argued that Terraform Labs was 'built on lies,' a claim substantiated by the jury's decision. The trial has been notable for the absence of Do Kwon from the proceedings and the legal classification of Luna as a stock. This verdict is part of a broader scrutiny of crypto entities by regulatory bodies, highlighting ongoing tensions between the crypto industry and financial regulators.
🌐Here's everything you need to know about the biggest stories from the past week. From @Starknet’s 4-hour outage to the US Govt #Bitcoin transfer to @coinbase… https://t.co/CxHBrgZQee
Another week closes with 'Le Monde De Starknet' bringing you exciting news from the @Starknet ecosystem, curated by @0xNurstar.📰 The community continues to grow, develop & buidl. see what unfolded in this week. 👀⤵️ https://t.co/URB7yofYHx
🗞️ Top5 Crypto News from Today 👇 Massive $SOL liquidation by @FTX_Officialestate nets nearly $2B @GenesisTrading purchases $2.1B of Bitcoin following GBTC sell-off US consumer agency flags risks in virtual #crypto economies @coinbase cleared in lawsuit over crypto…
🗞️ Top5 Crypto News from Today 👇 Massive $SOL liquidation by @FTX_Officialestate nets nearly $2B @GenesisTradingTrading purchases $2.1B of Bitcoin following GBTC sell-off US consumer agency flags risks in virtual #crypto economies @coinbase cleared in lawsuit over crypto…
🌐Get up to speed on everything you've missed in this week's news catch-up. From @Ripple’s stablecoin race to the @BNBChain Meme Innovation Programme... #Bitcoin #Ethereum https://t.co/CxHBrgZQee
🗞️ Top5 Crypto News from Today 👇 @stablekwon found liable in @SECGov fraud case @BlackRock's #BitcoinETF update includes 5 banks #BTC recovers to $67K Hong Kong Bank welcomes #stablecoin issuers #DeFi booms as daily active wallets hit 7M
New this week from LexNews+ - @coinbase v @SECGov - Pod of the week from @Unchained_pod - SBF sentenced - @ENERGY & Bitcoin mining lawsuit - #AntiCrytpoArmy https://t.co/nafySO91ue https://t.co/Vx4SGse3IK
.@SECGov argues Terraform Labs "built on lies" in the trial; @stablekwon absent from proceedings. https://t.co/MSC9PRDEne
What happened in Crypto in the last 12hrs…? - DoKwon and Terraform Labs found Liable for fraud in SEC case verdict - @GoldmanSachs now an “authorized participant” for BlackRock’s $BTC ETF - BHX Hacker that stole $139M almost 2 years ago has moved funds into Tornado Cash -… https://t.co/WnYapIoyXH
ENDGAME, CRYPTO IN THE COURTS: SEC v Terraform Labs Trial Closes with Jury Told Luna is a Stock; Do Kwon in Montenegro - Inner City Press story: https://t.co/U42S0WNJVH Full 24 page legal instruction to jury on Patreon here: https://t.co/rwCPAunfWv
🚨 BREAKING: @terra_money and @stablekwon were deemed liable for fraud in @SECGov case.
JUST IN: JURORS HAVE BEGUN DELIBERATIONS IN SEC'S CIVIL FRAUD CAASE AGAINST DO KWAN AND TERRAFORM LABS
Seven New York jurors have begun deliberations in the SEC’s civil fraud case against Do Kwon and Terraform Labs. @cheyenneligon reports from the courthouse https://t.co/PGxGXJNZ5U
🗞️ From a DOJ-labeled bitcoin wallet sending funds to Coinbase Prime to Ethena and Wormhole's token airdrops and crypto users paying a man to buy goats 🐐, here are some of the stories that caught our eye @TheBlock__ this week in The Daily newsletter 👀 🧵⬇️ https://t.co/OhaXkYVDel