Terraform Labs’ in-house legal staff left shortly after the failure of Terra’s algorithmic stablecoin wreaked havoc on cryptocurrency markets. Both LUNA and UST saw their prices plummet. Terra’s block...
Tag: Legal
Terraform Labs’ Legal Team Resigns Despite Frantic Rescue Attempts (Report)
Reports suggest that the Singapore-based company’s legal functions are now being managed by outside counsel. Shortly after the collapse of its flagship stablecoin UST, the legal team behind handling t...
Panama halts granting crypto a legal status 1
Panama has chosen to take a backpedal over the legalization of digital assets across the country, citing one integral factor. According to several reports, President Laurentino Cortizo of Panama has s...
Panama president halts granting crypto a legal status 1
Panama has chosen to take a backpedal over the legalization of digital assets across the country, citing one integral factor. According to several reports, President Laurentino Cortizo of Panama has s...
Terraform Labs’ Legal Team Resigns after Collapse of UST and LUNA
Everyone linked with the Terraform Labs is not living in denial about the collapse of the Terra blockchain in its current form and the exit of the legal team is not deterring Do Kwon from proposing a ...
Terraform Labs’ Legal Team Quits
LUNA Price at the time of writing – $0.0001791 Terra’s native cryptocurrency LUNA to lost $40 billion in value Tether (USDT) are no longer tethered to the U.S. dollar The continuous nonsense with Terr...
TFL’s legal team has left the company amid the LUNA crisis
Amid LUNA‘s fall out three important legal team members left TFL. The resignation of Terraform Lab’s legal team members resulted in the project facing difficulty. This came into the news through the L...
LUNA Meltdown Doomed To Get Worse After Shocking Departure Of Terraform Labs Legal Team ⋆ ZyCrypto
Advertisement     Doom and gloom pervade the Terra ecosystem as the in-house legal team flees Terraform Labs, the development company behind the ill-fated Terra blockc...
3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout – Bitcoin News
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house li...
Terra’s Legal Team Resigns in Wake of UST, LUNA Collapse
The industry-wide unrest generated by Terra’s collapse last week continues to reverberate—this time within the company’s own walls. Terra’s in-house legal team has resigned, a Terraform Labs spokesper...
Crypto users react to Terraform Labs legal team purportedly leaving company
The ongoing saga with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn following a supposed change in employment status for many on the firm’s legal team. According to their L...
Terraform Labs Legal Team Quits Amid Recent Catastrophic Events
2 hours ago | 2 mins read Editors News A two-week price drop of LUNA to $0.00 prompted Terraform Labs’ legal team to resign. The legal team’s resignation would not be the first in the crypto industry....
Terraform Labs’ Legal Team Quits After UST Crash – Another Blow To Kwon
The ongoing rigmarole with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn after a purported modification in job status for some members of the company’s legal staff. The int...
In-House Legal Team at TerraForm Labs Resigns Following TerraUSD (UST) and LUNA Collapse
– Advertisement – More unfortunate developments continue to unfold in the aftermath of the UST and LUNA crash Following the collapse of TerraUSD (UST) and LUNA, the legal counsel team of T...
Terraform Labs’ legal team quit as UST collapsed
Terra’s legal team resigned as UST lost its dollar peg and collapsed, pushing the Luna token to zero, according to sources familiar with the matter. As reported by the crypto publication The Block on ...
Binance Seeks to Strengthen its Legal Team
Amidst growing uncertainty caused by the bearish run across most cryptocurrencies over the past few weeks, Binance – the leading exchange in terms of volume – is looking to heavily shore up its defens...
Elon Musk Claims Twitter Legal Team Told Him He Violated NDA
Currently, Musk’s acquisition of Twitter is “temporarily on hold” as the billionaire is still waiting for the accurate number of spam accounts to see if it is really less than 5 % as the social media ...
Ripple (XRP) Price Picks Up As SEC Legal Showdown Drags On
Ripple (XRP) rallied to $0.439217 Friday from $0.377384 on Thursday in the face of an ongoing Securities and Exchange Commission lawsuit following the comments of William Hinman, former SEC Corporate ...
Elon Musk Reveals Encounter With Twitter Legal Team Over Violation of NDA
15 seconds ago | 2 mins read Editors News Elon Musk has announced that he still intends to acquire Twitter. Musk said that his team would undertake a random survey of Twitter users. On Saturday, as pe...
Elon Musk invited legal scrutiny by tweeting out his doubts about a $44 billion Twitter bid
Tesla (TSLA) CEO Elon Musk’s early Friday morning tweet proclaiming that his $44 billion bid to buy Twitter (TWTR) is on hold may violate laws meant to protect public markets from manipulation, expert...
Shanghai Court Acknowledges BTC As Legal Property
In a recent court ruling, the Shanghai High People’s Court has affirmed Bitcoin to be a legal, virtual property with economic value and subject to property rights. Court Ruling Assigns BTC With Prope...
Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender
The booming of the crypto coins like Bitcoin in different regions and nations is unstoppable. This has recently been observed in the case of the Central African Republic (CAR). Of course, one of the m...
Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework ⋆ ZyCrypto
Advertisement     The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, part...
SEC v. Ripple: SEC May Abandon William If Confirmed That He Had Conflict of Interest While in Office, Legal Expert Says
– Advertisement – Attorney John Deaton believes the SEC may likely throw Hinman under the bus if it is proven that he had a conflict of interest during his Ethereum free pass speech in 201...
Shanghai Court Declared Bitcoin As Legal Virtual Property
2 hours ago | 2 mins read Bitcoin News The property rights protection will apply to Bitcoin under Chinese law. In the previous 24 hours Bitcoin has dropped 13.48% China is one of the largest crypto ma...
Following El Salvador, the Central African Republic Declares BTC Legal Tender
The Central African Republic (CAR) has become the second country after El Salvador to declare bitcoin legal tender. Customers can walk into any store or company and purchase goods and services with bi...
Binance initiates legal actions against fake ads promoters in Turkey
It’s no news that Turkey sees a notable increase in interest in digital currencies. However, this has also drawn the attention of scammers to the local market. Scammers in Turkey have been found to la...
Binance takes legal action against fake billboard ads in Turkey
Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors via fake Binance-branded billboards and hoardings. T...
Uzbekistan Makes Solar-Powered Crypto Mining Legal and Tax-Free
Central Asian nation Uzbekistan will permit crypto mining using solar-powered energy, according to a presidential decree released earlier this week. Uzbekistan Legalizes Solar-Powered Crypto Mining Re...
IMF Warns Of Serious Risks For Central African Republic’s Adoption Of Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     According to a report by Bloomberg, despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund ...
In which countries is Bitcoin legal tender?
There are currently only two countries in the world where Bitcoin has been officially declared legal tender. Bitcoin as legal tender Is it worth introducing Bitcoin as a legal tender? Both are poor o...