Do Kwon has acknowledged guilt in a federal fraud case over the collapse of TerraUSD. The Terraform Labs co-founder entered the plea in New York, with prosecutors suggesting a 12-year sentence and over $19 million in penalties ahead of a December 11 sentencing date.
The post Do Kwon Pleads Guilty to Fraud, Accepts 12-Year Sentence & $19M Fine – Is Justice Served for Terra Investors? appeared first on Cryptonews. …
Year: 2025
Seoul’s Gangnam District Targets Tax Evaders in Revamped Crypto Confiscation Drive
The affluent Seoul district of Gangnam is ramping up its crypto confiscation initiative for tax evaders, seizing 340 million won ($244,796) since the end of last year.
The post Seoul’s Gangnam District Targets Tax Evaders in Revamped Crypto Confiscation Drive appeared first on Cryptonews. …
ChatGPT’s ETH Analysis Reveals Explosive Rally to $4,410 Just 9% From ATH
ChatGPT’s ETH Analysis has reported Ethereum’s rise to $4,410, a +4.36% surge leaving it 9% from its ATH. Backed by $1.01B ETF inflows, robust EMAs, and institutional positioning, ETH shows strong bullish momentum amid potential for either an ATH breakthrough or healthy overbought correction.
The post ChatGPT’s ETH Analysis Reveals Explosive Rally to $4,410 Just 9% From ATH appeared first on Cryptonews. …
Two dead and 10 injured in Pennsylvania steel plant explosion
A second death is confirmed after a search operation for a missing person stretched into Monday evening.
Migrant sentenced to life for murdering Maryland mum in case invoked by Trump
The victim’s mother told the court: “The brutality of her murder will haunt us for the rest of our lives.”
US and China extend trade truce to avoid tariffs hike
The US will hold its levy on Chinese imports at 30%, while China will keep a 10% tariff on American goods.
Worst bleaching on record for Western Australian coral reefs
Scientists say the damage was caused by the “longest, largest and most intense” marine heatwave on record.
US announces criminal charges against Haitian gang leader Barbecue
He heads the group Viv Ansanm, which controls much of Haiti’s capital and is accused of multiple murders, kidnappings and attacks on infrastructure.
Zelensky rules out ceding Donbas region as Russians make fresh advance
The Ukrainian leader was speaking ahead of a meeting between Donald Trump and Vladimir Putin in Alaska on Friday.
Man faces jail in US for shipping 850 turtles in socks to Hong Kong
The turtles were packed in boxes labelled as plastic toys, according to the Justice Department.