January 21, 2025
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It’s Official: Gary Gensler Is Out at the SEC, and Crypto-Friendly Mark Uyeda Is In Crypto Investor Arthur Hayes Doubts Trump Will Get Around to Doing a Bitcoin Reserve Ethereum Foundation Moves $165M in ETH to Participate in DeFi Solana, Trump Memecoins Tumble as Inauguration Day Brings $700M in Crypto Liquidations Does the Trump Entourage Hold $2.3T in Memecoins? Bitcoin Fades From Highs After No Crypto Mentions During Trump’s Inauguration Speech U.S. CFTC Commissioner Caroline Pham Said to Get Nod as Acting Chair Trump-Linked Crypto Platform Throws Over $70M on WBTC, ETH, Other Tokens Ahead of Inauguration Don’t Be Fooled by Trump-Family Memecoins, the Sell-Off Has Begun Binance’s Tigran Gambaryan: ‘It Would Be an Honor to Serve My Country Again’

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022.

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