2022-10-8 00:51 |
It has been almost five months since Terra collapsed, and UST users are yet to be compensated as promised. The Luna Foundation Guard announced today that victims would have to... origin »
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Reimbursing data leak victims will “kill Ledger” and for this reason, none of the over one million newsletter subscribers or the 272,853 victims whose physical addresses, names, and phone numbers were leaked to a hacker forum, will be compensated, the CEO of Ledger, Pascal Gauthier, told Decrypt on Dec 21. The July 2020 Ledger HackRead More
2020-12-22 22:00 | |
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Chinese decentralized finance (DeFi) protocol, dForce was hacked last week but the startup promised to make users whole again. The platform announced that it has fully compensated the victims through the funds that the hacker returned.
2020-4-29 16:34 | |
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Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY), the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019.
2019-4-4 09:00 | |
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ZAIF, an Osaka-based cryptocurrency exchange that was hacked last month has yet to compensate the affected customers. ZAIF cryptocurrency exchange lost over 6. 7 billion Yen during the breach, 4.
2018-10-6 10:35 | |
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Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon’s trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct. Related Reading: Crypto Survival […]
On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62. 81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […] The post Terraform Labs moves $62.
Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement.
Coinspeaker Terra Founder Do Kwon Reportedly Arrested in Montenegro The news has already stirred the crypto ecosystem with many of the affected holders of LUNA yet to recover their losses.
Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally...
USDC, the stablecoin tracing the USD, is under immense pressure as users rush to convert to other assets, including BUSD by Paxos and USDT by Tether Holdings. USDC Has De-pegged As USDC’s market cap rapidly shrinks, primarily because of mass exits, there has been a de-peg.
Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing to the pavement in crypto lately.