Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Subpoena
Court Approves SEC Subpoena, Orders Terraform Labs to Comply
The Court of Appeals for the Second Circuit has settled on a ruling regarding the subpoena Terraform Labs (TFL) received last year. The court found the serving legitimate, and TFL and Do-Kwon are now obligated to cooperate as the SEC probes into the company. Do Kwon’s Appeal and Rejection The US Securities and Exchange Commission slammed Terra with a subpoena during the Messari Mainnet Conference in September last year. Do Kwon initially attempted to evade compliance, even denying entirely that…
3 years ago