Another hard week for the crypto industry — particularly Justin Sun
Sun’s problems have snowballed since the collapse of FTX and the unmasking of Sam Bankman-Fried as a giant fraud.
Sun’s problems have snowballed since the collapse of FTX and the unmasking of Sam Bankman-Fried as a giant fraud.
Former fugitive Do Kwon is a hot commodity. Both the US and South Korea are battling to win extradition, where he faces grave fraud charges.
The deal avoids a lengthy legal battle with Modulo and gets around the fact that SBF won’t be available due to ongoing criminal proceedings.
According to Cas Piancey, venture capitalists revealed just how flimsy their values of deregulation were when they abandoned SVB.
The SEC claims that Sun, the Tron Foundation, the BitTorrent Foundation, and Rainberry Inc. engaged in a scheme involving wash trading.