All by tag: Lawsuit

A court-appointed examiner, jointly with a creditors’ committee, will verify exactly how the crypto lending platform’s client funds were used

The plaintiffs claim that Do Kwon knowingly knew about the vulnerabilities of the UST stablecoin

According to the department, the accused operated an unlicensed money transfer business

The bankrupt lender filed a lawsuit against the platform in August for wrongful retention of assets

The company noted that the assets were replaced with US Treasury bills

The prosecutor's office accused Yoo Mo of using a bot program to manipulate the TerraUSD algorithmic stablecoin

Two of the platform's top executives withdrew, among other things, $11,8 million worth of native tokens used as collateral

Company representatives have confirmed that Daniel Leon has left his post and is no longer part of the organization

FTX cryptocurrency exchange CEO Sam Bankman-Fried may take part in the auction

According to the regulator, the exchange artificially inflated the price of DGTX to increase its capitalization

These follow from text messages published as part of the pre-trial proceedings

The plaintiffs demand that the company stop providing an interest payment service for crypto deposits