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14 Mar 23

US DoJ probes Terra’s former employees for answers

The US Justice Department (DoJ) is delving into the mysterious collapse of TerraClassicUSD (USTC) stablecoin, which wreaked havoc on the Terra ecosystem, resulting in a staggering $40 billion wipeout last May. According to reports, the Federal Bureau of Investigation and the US Attorney’s Office for the Southern District of New York grilled former Terraform Labs […]

20 Dec 22

Indian government updates parliament on crypto legislation and exchange probes

The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to concerns regarding the crypto bill On Dec. 20, the Indian government responded to various questions concerning cryptocurrency and its regulation from members of the Lok Sabha, India’s lower […]