Do Kwon Sentencing: US Wants 12 Years for Terra’s $40 Billion Crash

Federal prosecutors are seeking a 12-year prison term for Terraform Labs co-founder Do Kwon, whose algorithmic stablecoin fraud triggered a $40 billion market collapse that prosecutors say contributed to broader crypto contagion including FTX’s failure.
The post Do Kwon Sentencing: US Wants 12 Years for Terra’s $40 Billion Crash appeared first on Cryptonews. …

CoinShares Debunks Tether Collapse Fears After Hayes Warning

CoinShares head of research James Butterfill has rejected insolvency concerns surrounding Tether following warnings from BitMEX founder Arthur Hayes, pointing to over $181 billion in reserves against $174 billion liabilities with a $6.78 billion surplus.
The post CoinShares Debunks Tether Collapse Fears After Hayes Warning appeared first on Cryptonews. …

Bitcoin Price Prediction: Year-End $100K Target Alive – Here Are the Three Drivers That Matter

Bitcoin trades below $90,000 but maintains year-end $100K prospects as Federal Reserve rate cuts begin, order-book liquidity concentrates near key levels, and technical charts show potential breakout above $95,000 resistance.
The post Bitcoin Price Prediction: Year-End $100K Target Alive – Here Are the Three Drivers That Matter appeared first on Cryptonews. …