garygensler

SEC Complaint Says Do Kwon Transferred 10,000 Bitcoin From Terra to a Swiss Bank

Fri, 02/17/2023 - 10:36

Do Kwon, the erstwhile CEO of Terraform Labs and its infamously unstable stablecoin Terra, now has another reason to remain on the lam. The U.S. Securities and Exchange Commission alleged he and his company transferred 10,000 bitcoin worth hundreds of millions of dollars out of the Terra/Luna project before it…

Bitcoin, kwon, blockchains, business2cfinance, stablecoin, economy, computing

'Nightmare Isn't Over:' Senators Are Hopping Mad and Demanding Answers for the Crypto Collapse

Tue, 02/14/2023 - 10:47

Gizmodo : Economy

Lawmakers from opposing parties disagreed over who and what was truly to blame for a devastating crypto crash that left customers collectively burnout out of billions in losses during a Wednesday Senate Banking Committee hearing.

money, ray, lindajeng, johnrayiii, silvergatecapital, economy, Binance

Binance Plans to 'Move Away' From Its Stablecoin After Regulators Slam BUSD Issuer

Mon, 02/13/2023 - 09:48

Gizmodo : Economy

Binance’s prime stablecoin Binance USD is on the outs after regulators at both the state and federal level took aim at the company that was issuing one of the most popular stablecoins on the market.

Binance, stablecoin, business2cfinance, paxi, foreignexchangemarket, economy, cryptocurrencyexchange

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