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Stablecoins are boosting demand for U.S. Treasury notes

The CEO of Cantor Fitzgerald, custodian of stablecoin Tether, said stablecoins are good for the U.S. dollar

Blackrock , New-york , United-states , China , Howard-lutnick , Cantor-fitzgerald , Terraform-lab , Bloomberg , Blockchains , Ircle , Bra , O-kwon

Terraform Labs to make final pitch to jury as civil fraud trial wraps

Attorneys for Terraform Labs and its founder Do Kwon are expected to give closing arguments on Friday at a trial on claims that Terraform and Kwon defrauded investors before the collapse of their stablecoin shocked cryptocurrency markets in 2022. The U.S. Securities and Exchange Commission accuses the Singapore-based company and Kwon of misleading investors in 2021 about the stability of TerraUSD, a stablecoin designed to maintain a value of $1. The regulator also accused them of falsely claiming Terraform's blockchain was used in a popular Korean mobile payment app.

Singapore , New-york , United-states , Montenegro , South-korea , Jody-godoy , Stephen-coates , Reuters , Exchange-commission , Terraform-labs , O-kwon ,

Do Kwon May Be Extradited to US After Montenegro's Top Court Acts

(Bloomberg) -- Terraform Labs Pte. co-founder Do Kwon, a cryptocurrency fugitive being held in Montenegro and wanted in both South Korea and the US, may end up on trial in New York after the Balkan nation’s Supreme Court overturned earlier decisions, including those to hand him over to his native country. Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionZimbabwe Announces New Currency Called the

New-york , United-states , South-korea , Montenegro , Montenegrin , Sam-bankman , Bloomberg-businessweek , Bloomberg , Us-department-of-justice , High-court , Supreme-court

Terraform goes on trial as Do Kwon awaits extradition in Montenegro

The trial is the latest in a series of high-profile legal confrontations in which U.S. regulators seek to assert greater control over the crypto industry.

South-korea , Montenegro , Exchange-commission , Terraform-labs , Us- , Outh-korea , Ryptocurrencies , O-kwon ,

Singer Bada talks about being neighbors with Jo Kwon

Singer Bada revealed that she is close to Jo Kwon and is his neighbor.On the new episode of 'Strong Heart VS' that aired on February 13, Bada revea…

Jo-kwon , Strong-heart , Jun-hyun-moo , Allkpop , Bada , O-kwon ,

Montenegro extradites Do Kwon associate to South Korea

Montenegro authorities have extradited Han Chang-joon, the former chief financial officer of the now-defunct cryptocurrency firm Terraform Labs, to South Korea. Catch up: Han was arrested alongside Terraform Labs founder Do Kwon, whose real name is Kwon Do-hyung, at the Podgorica Airport in Montenegro on March 23, 2023, for carrying forged passports while attempting to travel to Dubai. In June, they were sentenced to four months in prison, which was later extended by two months.

Japan , South-korea , Seoul , Soult-ukpyolsi , Incheon , Inch-on-gwangyoksi , Dubai , Dubayy , United-arab-emirates , Montenegro , Montenegrin

Crypto's Terraform Files for Bankruptcy as Do Kwon Awaits Fate

(Bloomberg) -- The Terraform Labs Pte. digital-asset business co-founded by Do Kwon filed for Chapter 11 bankruptcy protection in the US.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskGloom Over China Assets Is Spreading Beyond Battered StocksTrump Retires ‘DeSanctimonious’ Insult After DeSantis Backs HimSony Sends Termination Letter to Zee Over India MergerThe company’s estimated assets and liab

Delaware , United-states , South-korea , Montenegro , Singapore , South-korean , Jeds-rakoff , Daniel-shin , Chris-amani , Bloomberg-businessweek , Exchange-commission , Bloomberg

Doomed crypto firm Terraform Labs files for bankruptcy in the US

Terraform Labs, the infamous crypto company behind TerraUSD and Luna, has filed for Chapter 11 bankruptcy protection in Delaware.

Montenegro , Singapore , South-korea , Sam-bankman , Elliott-stein , Alex-mashinsky , Bloomberg , Celsius-network , Terraform-labs , Sam-bankman-fried , Crypto , O-kwon

Jo Kwon & Hani unfollow HyunA after news she's dating Yong Junhyung

Jo Kwon and Hani have unfollowed HyunA after the news she's dating Yong Junhyung.According to reports on January 20, 2AM's…

Allkpop , Hani , Unhyung , O-kwon , Yuna ,

Jo Kwon personally affirms his ongoing friendship with HyunA on his Instagram

Jo Kwon took to Instagram to affirm that he and HyunA remain good friends. On January 20th, 2AM's Jo K…

Jo-kwon , Instagram , Allkpop , 2am , O-kwon , Yuna ,