Altcoins

Texas and Vermont State Regulators Object to Celsius Seeking Permission To Sell Stablecoin Holdings

Regulators from two states are objecting to bankrupt crypto lender Celsius seeking permission to sell their stablecoin holdings. According to recent court documents, the Vermont Department of Finance alongside two regulatory agencies from Texas are filing objections to Celsius asking the bankruptcy court if it can sell its remaining stablecoins. The Texas agencies say that […]

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Altcoins

Terraform Labs Calls South Korean Prosecutor’s Case Against Founder Do Kwon ‘Highly Politicized’: Report

Terraform Labs is reportedly accusing South Korean authorities of giving in to public pressure when they issued a warrant of arrest against its founder Do Kwon. Kwon currently faces legal actions following the crash of the cryptocurrency Terra (LUNA) and the stablecoin TerraUSD (UST). A spokesperson for the Singapore-based firm tells The Wall Street Journal […]

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