Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic stablecoin. According to a court filing, the settlement terms are currently undisclosed and the alleged […]
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KOSPI Shock Sends Fresh Warning Across Bitcoin And Risk Asse
TL;DR South Korea’s KOSPI suffered a near-10% drop after regulators warned over leveraged ETF risk tied to major chip stocks....
