Terraform Labs co-founder Do Kwon has changed his plea from not guilty to guilty on two counts of wire fraud and conspiracy to defraud.According to reporting on Tuesday from the…
In brief
New York-based fintech Paxos worked with Binance to mint the BUSD stablecoin.
It stopped working with Binance in 2023.
New York's regulator has said Paxos will pay a $26.5…
The FBI ended its investigation into Jesse Powell over
alleged hacking of a nonprofit. Powell faces no criminal charges, and the devices seized have reportedly been returned.According to Fortune report, the…
Federal Reserve Chair Jerome Powell has been hit with a referral to the Department of Justice (DOJ) on two instances of criminal charges. US Congresswoman for Florida Anna Paulina Luna…
In brief
Crypto mogul Roger Ver—also known as "Bitcoin Jesus"—has reportedly sued Spain.
U.S. authorities are seeking his extradition from Spain after alleging that he dodged paying taxes.
Ver wouldn't comment…
A South Korean court acquitted Jang Hyun-guk, the former CEO of blockchain gaming firm Wemade, of manipulating the WEMIX crypto token’s circulation.On Tuesday, local news outlet News1 reported that the…
The US has charged two men, alleging they operated and promoted a crypto investment scheme called OmegaPro that defrauded investors out of over $650 million.The Department of Justice said on…
Terraform Labs co-founder Do Kwon, facing criminal charges in US federal court, could see a change in his indictment based on bills currently moving through the US Congress.According to reporting…
The former
chief executive of collapsed stockbroking firm BBY Limited appeared in court
today (Tuesday) facing fresh charges related to alleged dishonest conduct
involving a $192 million share acquisition.Former BBY CEO Faces
Additional Fraud…
In brief
Australian police have dismantled a $123 million Queensland money laundering ring that allegedly funneled illicit cash into crypto.
Raids across Brisbane and the Gold Coast uncovered $170,000 in crypto, physical…