Stablecoin
SEC Charges Terraform Labs, Do Kwon With Fraud; Former FTX Exec Reportedly Plans to Plead Guilty
The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the company behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. Separately, Nishad Singh, the former director of engineering for collapsed crypto exchange FTX, is planning to plead guilty to fraud charges for his role in the alleged scheme, according to Bloomberg.
Jump Crypto Booked $1.28B in Profits as Terra's Ecosystem Crumbled: Sources
When U.S. regulators sued Do Kwon and Terraform Labs this week for the spectacular implosion of their UST stablecoin and related LUNA token, a huge question was left unanswered: who was the trading partner that booked $1.28 billion in profits as Terra’s $40 billion ecosystem crumbled? According to CoinDesk sources, it was Jump Crypto, a company whose parent has deep roots in conventional finance that’s become a giant in digital assets. “The Hash” panel discusses the latest developments after the SEC released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs.
SEC Sues Terraform Labs, CEO Do Kwon For Defrauding Investors
On Thursday, the U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the firm behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. The SEC is charging Terraform and Kwon with fraud, selling unregistered securities, selling unregistered security-based swaps and other related claims. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the charges in the aftermath of a collapse that triggered a wave of bankruptcies in the crypto industry.
Former CFTC Chairman Massad Reacts to SEC Suing Terraform Labs, Do Kwon for Misleading Investors
The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the company behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. Former CFTC Chair and Harvard Kennedy School Research Fellow and Director of the Digital Assets Policy Project Timothy Massad discusses his outlook on stablecoins and crypto regulation in the U.S. Plus, the significance of a clearer regulatory framework for government agencies to protect investors better.
Stablecoin USP perde paridade com dólar enquanto protocolo DeFi Platypus sofre ataque de US$ 8,5 milhões
O ataque de empréstimo rápido fez com que a stablecoin nativa da Platypus Finance caísse de US$ 1 para US$ 48 centavos. A perda potencial é de US$ 8,5 milhões, de acordo com a empresa de segurança de blockchain CertiK.
Token TRU da TrueFi sobe mais de 200% após a criação de TUSD pela Binance gerar especulações
A Rally parece ter ocorrido porque os traders conectaram erroneamente o TRU ao TUSD, uma stablecoin que foi emitida pela TrueFi no passado, mas que agora não é mais.
O drama do BUSD prepara o cenário para a reorganização do mercado de stablecoins
A aposta da Binance em sua stablecoin BUSD pode sair pela culatra e resultar em uma reformulação de quem está ganhando nos Mercados de tokens de criptomoedas atrelados ao dólar.
USDT da Tether ganha US$ 1 bilhão enquanto a Paxos queima mais de US$ 1,8 bilhão em stablecoins da Binance USD
O aumento ocorre em um momento em que a emissora de BUSD, Paxos, enfrenta crescente escrutínio regulatório.
Former Paxos Head of Portfolio Management on 'Noise and Confusion' Around Stablecoins
Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell discusses the case for stablecoins and how it is a "very simple instrument." Campbell added, "One of the things that's always been a little bit confounding to me is the extreme sort of noise and confusion around [stablecoins] when really, they work very similarly to the things we're already familiar with and quite frankly had a great deal of reform in."
