
Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years
Do Kwon, co-founder of Terraform Labs, has been sentenced to 15 years in prison for orchestrating a fraud that led to the $40 billion collapse of TerraUSD and Luna.
57 articles tagged

Do Kwon, co-founder of Terraform Labs, has been sentenced to 15 years in prison for orchestrating a fraud that led to the $40 billion collapse of TerraUSD and Luna.

ETF provider ProShares has withdrawn plans for several highly leveraged funds after the U.S. Securities and Exchange Commission flagged significant risk concerns.

The crypto market saw a broad downturn Tuesday, but DeFi tokens like Uniswap surged over 23% following a major protocol upgrade and positive regulatory news.

Asset manager 21Shares has filed an application with the SEC for a new ETF that would track the Hyperliquid (HYPE) token, marking the second such proposal.

Investment funds tracking XRP have surpassed $1 billion in assets, as the market anticipates a crucial SEC decision on spot ETFs expected between October and November.

Canary Capital has launched the first-ever Litecoin and HBAR exchange-traded funds (ETFs) in the U.S., which began trading on the Nasdaq exchange Tuesday.

The first U.S.-listed spot XRP exchange-traded fund (ETF) has crossed $100 million in assets under management just one month after its launch.

President Trump has nominated SEC crypto regulator Mike Selig to lead the Commodity Futures Trading Commission after a previous nominee faced industry opposition.

XRP's price has fallen to $2.38 due to stalled ETF approvals from the US government shutdown and wider market anxiety from US-China trade tensions.

Asset management giant T. Rowe Price, with $1.77 trillion in AUM, has filed with the SEC to launch its first actively managed cryptocurrency ETF.

Asset manager Volatility Shares has filed for 27 new ETFs, including 5x leveraged products tracking Tesla, Bitcoin, and other volatile assets.

Volatility Shares has filed with the SEC to launch 5x leveraged ETFs tracking Bitcoin, Ether, and major stocks like Tesla, introducing high-risk products.