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The South Korean government continues to investigate Terraform Labs, the firm behind the Terra Network as well as Luna Classic (LUNC), previously known as Terra (LUNA), and TerraUSD (UST) tokens, by reportedly summoning subpoenas to employees.South Korean authorities have reportedly summoned all employees at Terraform Labs as part of a
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A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is trying to establish why a crypto coin was used for the ritual when that role should have been reserved
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“We don’t act like a broker but rather we put our money upfront and buy pre-IPO tech company shares from early founders, investors and employees that need to liquidate shares for whatever reason – that might be to buy a house or send a kid to college,” Linqto Director of
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"Market-making activities are standard in both traditional finance and crypto, such as Citadel Securities or those on FTX performed by Alamada Research, a business owned by FTX’s founder Sam Bankman-Fried. They ensure liquidity and directly support a healthy, vibrant, and efficient marketplace to the benefit of end-users," a Binance spokesperson
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“Tether’s competitive advantage, and the area of highest competition between stablecoin platforms, lies not in the operational features of the tether token itself but rather in the liquidity of the tokens in the marketplace, Tether’s presence on multiple blockchains, and the stability, reliability, and profitability of Tether as an entity,”
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The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked to the transfer of 230,000 bitcoins. The cryptocurrency is said to be associated with pyramid scam Onecoin. Onecoin Loot in Dubai Besides investigating the transfer of the crypto assets, the probe
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Investigations into the South African company Mirror Trading International (MTI) – widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme – are now engaging the United States Federal Bureau of Investigation (FBI).MTI, which went into provisional liquidation in December 2020, claimed to have over 260,000 members across 170
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Criminal charges currently faced by Tether due to this unethical act are said to carry heavy complications for the company’s future. Tether, which is known as a major USDT administrator, has been embroiled in a new controversy stating that the company’s executives have been allegedly involved in conducting
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XRP, the digital currency that is central to the SEC onslaught, has caught on a new fire fueled by the latest victory Ripple inked.Judge Sarah Netburn, a United States Magistrate Judge has handed blockchain payments firm Ripple Labs yet another victory over the US Securities and Exchange Commission (SEC). As
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