SEC pushes back against Terraform’s claims fraud happened outside US
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins
The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoi...
Bitcoin Price Enters October Near $85K—Now $95K Is Back in Play
Bitcoin closed September at $83,563, above several closely watched onchain and technical levels as October begins with a historica...
XRP Asia Launches With Ripple Backing to Accelerate XRPL Adoption
XRP Asia has launched with Ripple and the XRP Ledger Foundation backing to expand XRPL adoption across Asia-Pacific. The Singapore...
Hyperliquid receives $15M USDC for HYPE token buybacks
The financial backing for HYPE buybacks may boost investor confidence, potentially driving long-term value and market interest in...
Hyperliquid lines up roughly $15M in USDC yield for HYPE buybacks
Hyperliquid's new yield-based buyback strategy diversifies revenue streams, potentially stabilizing HYPE's value amid trading fluc...
Hyperliquid’s USDC Yield Program Gets $14.6 Million for HYPE Buybacks
The first reserve-yield payment awaits transfer to the Assistance Fund, adding buyback funding tied to USDC balances rather than t...