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Terra co-founder Do Kwon faces $57-million lawsuit in Singapore

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The lawsuit alleges Kwon and others made fraudulent claims on UST “either well knowing that they were false and untrue, or recklessly not caring whether they were true or false.”

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Coin Market

Movement expands stablecoin payments push with access to US, Canada, EU rails

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The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.

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Coin Market

CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement

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The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.

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Bitcoin gets new $50K target after BTC price crashes 6% in a day

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Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.

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