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US SEC Agrees to Delay Terraform Labs’ $40-Billion Crypto Fraud Trail for Do Kwon’s Extradition

The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion (roughly Rs. 3,32,329 crore) cryptocurrency fraud, so that Kwon can be extradited and attend. In a Monday filing in Manhattan federal court, the SEC said a “modest” adjournment of the…

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Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation

The ongoing 2024 session of the annual World Economic Forum (WEF) in Davos has brought together leaders of global finance industry under one roof. The topic of cryptocurrencies is gaining major traction among speakers and attendees, with industry experts shading divided opinions around the niche and upcoming financial technology. Speaking at the event, RBI governor…

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