Terraform Labs will open its Crypto Loss Claims Portal on March 31, giving creditors a one-month window until April 30 to submit their claims. This is part of Terraform Labs’ agreement with the SEC to initiate the reimbursement process for creditors who incurred losses following Terra’s collapse. Terraform Labs, the company behind the failed TerraUSD […]

A crypto whale is booking millions of dollars in losses after making several Official Trump (TRUMP) trades. According to blockchain tracking platform Lookonchain, the whale’s losses have ballooned to nearly $16 million on his TRUMP memecoin trades this month. “This whale sold 743,947 TRUMP ($7.92 million) at $10.66 [Friday] – taking another $3.3 million loss […]

The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci.“It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known as […]