Greboca  

Web3 is going just great [English]  -  US prosecutors file criminal charges against Do Kwon

 -  Mars 2023 - 

Portrait of Do Kwon

Only hours after Do Kwon was arrested in Montenegro, federal prosecutors in New York filed eight criminal charges against him: conspiracy to defraud, conspiracy to defraud and engage in market manipulation, and two counts each of commodities fraud, securities fraud, and wire fraud. Prosecutors accuse Kwon of defrauding people by selling LUNA and UST (Terra) based on false claims about the technology, degree of adoption, and effectiveness of the algorithm intended to maintain Terra's stability.

The criminal charges out of the US add to civil charges he's facing from the SEC, as well as an investigation out of South Korea.

par Molly White

Web3 is going just great [English]

A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.

Sam Bankman-Fried sentenced to 25 years in prison

 -  29 mars - 

Sixteen months after the collapse of his FTX cryptocurrency exchange, Sam Bankman-Fried has been sentenced to 25 years in prison. He has also (...)


KuCoin and founders criminally charged

 -  27 mars - 

The cryptocurrency exchange KuCoin and two of its founders, Chun Gan and Ke Tang, were indicted in the Southern District of New York on charges (...)


"Munchables" crypto game exploited for $62.5 million

 -  27 mars - 

The "Munchables" crypto game explains: "Schnibbles grow on every realm across the Munchable's world. Each realm has their own unique and (...)


Solana memecoin frenzy sparks trend of incredibly racist meme tokens

 -  22 mars - 

Solana memecoin trading has been booming lately, with people making money by speculating on tokens themed around various memes and jokes. Amid an (...)


Wilder World game suffers $1.8 million theft, blames contractor

 -  22 mars - 

Wilder World is a blockchain-based racing game that uses all the buzzwords: blockchains, artificial intelligence, and metaverse. On March 16, (...)