Terraform Labs’ Do Kwon’s Bail Revoked in Montenegro Court: Bloomberg


A court in Montenegro has repealed a lower court’s decision under which to release Terraform Labs co-founder Do Kwon on bail, according to Bloomberg News.  A court spokesperson said a high court in Montenegro’s capital overturned the earlier decision and Kwon remains in jail, Bloomberg reported. ...

Binance Accused of Mixing Company Revenue with Customer Money In U.S


The world’s largest crypto exchange, Binance, has mixed company revenues with customer funds in the US, according to a Reuters report. The comingling of customer funds and company revenues happened “almost daily” in bank accounts the exchange had at the now-bankrupt crypto-friendly bank...

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