Gemini IPO, Do Kwon pleads guilty, OKX burns $26b worth of tokens | Weekly Recap

From Gemini’s IPO and Do Kwon’s guilty plea, to OKX erasing $26 billion worth of tokens, the crypto industry is seeing both bold moves and sobering reminders of risk.

Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash

Terraform Labs co-founder Do Kwon admitted guilt on fraud and conspiracy charges related to the 2022 TerraUSD collapse that cost investors $45 billion. The post Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash appeared first on Coinspeaker.

Decentralized but not defenceless: Crypto needs a crisis manual | Opinion

Black swan events are part of the crypto terrain, and planning for them as inevitabilities is what’s going to set serious players apart.

Scaramucci: New York’s ‘dangerously powerful’ Martin Act shouldn’t exist

Anthony Scaramucci, founder of SkyBridge Capital, says New York’s Martin Act, an anti-fraud statute enacted in 1921, should be repealed. The SkyBridge Capital founder’s call for the abolishing of the law comes in the wake of the New York Attorney…

NYAG reaches $200m settlement with Novogratz’s crypto bank Galaxy Digital over LUNA sales

Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200…

Do Kwon’s fraud trial scheduled for 2026

Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.

Binance Supports This Terra LUNA Classic Upgrade, LUNC Price To Skyrocket?

Recently, Terra has rolled out new updates as the community tries to revive the ecosystem after the infamous implosion in 2022 that saw huge losses.