Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities…

Continue ReadingTerraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities…

Continue ReadingTerraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations

The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the…

Continue ReadingUzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations