SEC says Do Kwon’s fraud so obvious that no trial is needed
The SEC’s case against Do Kwon may receive a summary judgement, as both parties have requested to forgo a trial.
The SEC’s case against Do Kwon may receive a summary judgement, as both parties have requested to forgo a trial.
The jury in the Sam Bankman-Fried trial took just four hours to reach its verdict, so to say things looked bleak was an understatement.
A stoic Sam Bankman-Fried sat down after the verdict, changed his mind, and hovered half-out of his chair as if looking for direction.
Authorities seized $54 million of ether after a drug lord used a prison phone to discuss plans to launder the funds abroad.
After losing around $120 million in a June hack, someone secretly restarted Multichain Protocol this month and stole another $1 million.