Destination

2024-12-31

Terraform Labs co-founder Do Kwon will face securities fraud charges in the US

Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities." The Terraforms co-founder has been held in Montenegro since March 2023, when he tried to board a flight with a forged passport — six months after Discover Copy

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Destination

2025-01-08

Former MoviePass head pleads guilty to securities fraud

“A Florida man pleaded guilty today,” began a Department of Justice press release published on Tuesday. In this case, the ever-infamous Florida Man is none other than Ted Farnsworth, the former CE [...]

Match Score: 192.34

Destination

2025-02-28

SEC says meme coins are not subject to federal securities laws

Meme coins are not securities and, hence, aren't subject to federal laws regulating the financial instruments, according to the Securities and Exchange Commission. The agency has issued its offic [...]

Match Score: 163.02

Destination

2025-02-24

The SEC is dropping an investigation into Robinhood

In another sign that the Trump administration will be friendlier toward the cryptocurrency industry, the Securities and Exchange Commission is dropping an investigation into Robinhood. The agency has [...]

Match Score: 138.73

Destination

2025-02-21

Coinbase says Trump’s SEC has ended its enforcement case against the crypto company

Coinbase says that the SEC has agreed to end an enforcement case that accused it of illegally running an unregistered securities exchange. This could signal a major change in how the US government wil [...]

Match Score: 77.61

Destination

2025-02-03

Samsung leader cleared of fraud charges after winning appeal

Samsung's executive chairman Jay Y. Lee has been cleared of criminal charges by South Korea's second-highest court, Bloomberg reported. Earlier on Monday, the Seoul High Court upheld an earl [...]

Match Score: 76.90

Destination

2025-02-03

EA is giving fans a chance to test the next Battlefield early

EA is ready to take the wraps off the next Battlefield early. The publisher shared a brief glimpse of footage from an alpha version of the game as part of an announcement video for Battlefield Labs, a [...]

Match Score: 59.58

Destination

2025-02-19

EV truck maker Nikola has finally called it quits

The embattled EV truck maker Nikola is going kaput. The company just announced a filing for Chapter 11 bankruptcy protection and a plan to sell off assets. These assets will be sold at an auction, pen [...]

Match Score: 55.74

Destination

2025-01-16

CFPB fines Block $175m over Cash App's lax fraud controls

The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent company of Square, $120 million in "refunds and redress" [...]

Match Score: 52.78

Destination

2025-01-03

Do Kwon, the crypto bro behind $40B Luna/Terra collapse, finally extradited to US

Kwon pled "not guilty" before a federal judge. [...]

Match Score: 50.64