South Korea’s investigation team has concluded a search and seizure of crypto companies in relation to the Terra-LUNA crash and fraud allegations against Do Kwon and Daniel Shin. Prosecutors will anal...
Tag: Offenders
China outlaws crypto fundraising, offenders could face jail sentences
Under new legal interpretation from China’s Supreme People’s Court, raising funds using cryptocurrency is deemed as an illegal activity in the country, according to South China Morning Post. The new b...
China criminalizes crypto fundraising, offenders will face jail sentences
TL;DR Breakdown: Crypto fundraising in China has now become a criminal offence. Offenders could be punished with jail sentences. After banning cryptocurrency trading and mining, China has now declare...
Centralization issues are the greatest offenders of DeFi attacks
Defi sector lost $1.3B due to exploits in 2021 The blockchain security firm cited 44 DeFi hacks Cetrik’s Blockchain security services’ demand rises Decentralized money, otherwise called DeFi, may not ...