Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
News

Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC

Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic stablecoin. According to a court filing, the settlement terms are currently undisclosed and the alleged […] Source: https://news.bitcoin.com/terraform-labs-do-kwon-reach-preliminary-settlement-with-sec/

Master Card
News

Mastercard Launches “Crypto Credential” to Secure Payments

Mastercard Inc. (NYSE:MA) has launched a new service called “Crypto Credential,” aimed at enhancing the security and ease of peer-to-peer crypto transactions across various European and Latin American countries. This service enables users to create a Mastercard username for sending and receiving Bitcoin and other cryptocurrencies via exchanges such as Bit2Me, Lirium, and Mercado Bitcoin, operating in regions like Brazil,…

Continue Reading

Terra Founder Do Kwon Escapes Extradition to United States—Again
News

Do Kwon and Terraform Labs Settle With SEC Over LUNA, TerraUSD Fraud Charges

Terraform Labs, the Do Kwon-led startup behind the collapsed LUNA cryptocurrency and TerraUSD (UST) stablecoin, has agreed in principle to a settlement with the United States Securities and Exchange Commission (SEC) over fraud charges. News of the tentative settlement was first reported by Reuters. The court listing for the case notes that all parties informed the court of an agreement in…

Continue Reading

Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace
News

Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace

On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell, and exchange vehicle reservation build slots. Web3 Agency Otherlife and Auto […] Source: https://news.bitcoin.com/iconic-auto-brand-delorean-partners-with-web3-agency-otherlife-to-launch-digital-marketplace/