Terraform Labs Founder Do Kwon Transfers 10,000 Bitcoin To Swiss Bank Amid Allegations Of Fraud
Terraform Labs founder Do Kwon is once again at the center of a high-profile cryptocurrency scandal, with the U.S. Securities and Exchange Commission filing a lawsuit against him and his…
Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company
The bankrupt bitcoin miner stopped making payments to the company right before it stopped paying off its debt.
BC.GAME Launches RIO Carnival Competition With $1.2 Million Prize Pool
Willemstad, Curacao, 17th February, 2023, Chainwire BC.GAME has teamed up with its new ambassador, Brazilian professional footballer David Luiz, to bring RIO Carnival to crypto casino players. A $1.2 million…
Do Kwon allegedly cashed out 100M worth of BTC via Swiss Bank
The U.S. Securities and Exchange Commission (SEC) alleged that Terraform Labs and its founder Do Kwon transferred over 10,000 BTC to a cold wallet and cashed out about $100 million…
CryptoSlate Daily wMarket Update: Bitcoin dumps to $23,800 after brief rally above $25,000
The cryptocurrency market cap saw net outflows of $20 billion in the last 24 hours and currently stands at $1.09 trillion — down 1.94 % from $1.11 trillion. During the…
Do Kwon allegedly cashed out 100M worth of BTC via Swiss Bank
The U.S. Securities and Exchange Commission (SEC) alleged that Terraform Labs and its founder Do Kwon transferred over 10,000 BTC to a cold wallet and cashed out about $100 million…
“Clash” Between Cryptocurrency and Institutions: IMF Director
IMF Director of monetary and capital markets, Tobias Adrian, says there is a “fundamental clash” between the cryptocurrency industry and financial institutions. According to Adrian, institutions must be able to…