The attorney general’s office filed a lawsuit against Genesis in October 2023 for allegedly defrauding investors through the Gemini Earn program.
Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation.
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.
Approximately 100,000 users have downloaded fraudulent apps from Google Play, but the amount of user funds lost remains unknown.
Meanwhile, Terraform co-founder and CEO Do Kwon is coming to the United States for trial on charges advanced by the SEC.
An employee was invited to an online meeting with the firm’s chief financial officer and other staff, except none of them were real.
SatoshiVM used Ape Terminal’s platform to launch its token, SAVM, via an Initial DEX Offering last week, which led to a myriad of scam accusations.
The "gray" casino industry is taking advantage of crypto and other modern technologies to advance illegal goals.
Binance.US attorney Matthew Laroche has asked a federal judge to consider ending the SEC’s investigation for potential fraud.
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud.
