CRYCUR

Terraform Labs must face US SEC fraud allegations, judge rules

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Terraform Labs must face US SEC fraud allegations, judge rules

NEW YORK, July 31 (Reuters) – Terraform Labs and its founder Do Kwon must face fraud allegations brought by the U.S. Securities and Exchange Commission, a federal judge in Manhattan ruled on Monday. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year. U.S. District Judge Jed … Read more

Biden did not announce the US Dollar will become cryptocurrency

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Biden did not announce the US Dollar will become cryptocurrency

There is no plan to convert the U.S. dollar into cryptocurrency, the White House said in response to online posts misinterpreting an executive order signed by U.S. President Joe Biden in March 2022 to evaluate the risks and benefits to consumers and the economy of cryptocurrency and other digital assets. The “Executive Order on Ensuring … Read more