Tag: UST Stablecoin
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Key Points | Mar. 8, 2024 | Binance Ban Delayed — SEC Chairman | BitPinas
Welcome to BitPinas Key Points: Easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours...
Understanding Bitcoin ETFs: A Comprehensive Guide for Beginners | BitPay
The Important BitsA Bitcoin ETF is a security that aims to track the price of Bitcoin.They could provide a more simple way of investing...
Terraform Labs Files For U.S. Bankruptcy – The Defiant
The firm behind the ill-fated UST stablecoin said the filing is “a strategic step” that will enable it to continue its operations.Terraform Labs, the...
Terra wins one summary judgment in SEC case, but sold unregistered securities
Terraform Labs obtained a partial victory on Dec. 28 within a case initiated by the U.S. Securities and Exchange Commission (SEC).Judge Jed Rakoff issued...
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
"We strongly disagree with the decision and do not believe that the UST stablecoin or the other tokens at issue are securities. Further, the...
Terraform Labs, Do Kwon Sold Unregistered Securities, U.S. Judge Rules – Unchained
A federal district judge issed summary judgements siding with the SEC in a case that resulted in $45 billion in losses, but ruled...
Montenegro Intends to Extradite Do Kwon to the U.S.: WSJ
The fallen founder of Terraform Labs faces multiple criminal charges in the U.S. Terraform Labs founder Do Kwon ...
DeFi Needs More Regulatory Experience, And TradFi Is Happily Providing It
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The lack of concrete regulations in the crypto industry has the unintended effect of drawing traditional financial institutions into the space,...
MicroStrategy’s Bitcoin Holdings Near $1.1 Billion In Profit Amid Price Rally
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Bitcoin’s surge to around $37,900 on Thursday has turned MicroStrategy’s multibillion-dollar bet on the flagship cryptocurrency into a massive profit of...
Terraform Labs’ New Filing Reveals Who Was Responsible For The May 2022 UST Stablecoin Depeg Catastrophe
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In an intriguing disclosure, Do Kwon-co-created Terraform Labs has held trading firm Citadel Securities responsible for causing its so-called algorithmic...
Terraform Labs Accuses Citadel Securities of Destabilizing its UST Stablecoin
In the latest twist, Terraform Labs, a defunct crypto network, is accusing Citadel Securities of participating in intentional efforts to destabilize its stablecoin...
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