Month: February 2023

Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon.

The regulator said it receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it’s done something with the information.

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis.

A federal judge said there was “probable cause” to believe that SBF engaged in activities that could land him in jail.

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”

Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist.