sophiaadaalex pfp

sophiaadaalex

@sophiaadaalex

199 Following
299 Followers
angus6423 pfp
angus6423
@angus6423
Terraform Labs co-founder Do Kwon appeared before a New York magistrate on Jan. 2, less than a week after being extradited to the United States to face criminal charges for his role in the Terra ecosystem collapse.
0 reply
10 recasts
14 reactions
alfredandme009 pfp
alfredandme009
@alfredandme009
Appearing before US Magistrate Judge Robert Lehrburger, Kwon pleaded not guilty to nine charges, including securities fraud, wire fraud, money laundering and commodities fraud. A status conference is scheduled for Jan. 8, allowing for the defense and prosecution to share evidence.
0 reply
9 recasts
14 reactions
austin998099 pfp
austin998099
@austin998099
Kwon was apprehended in Montenegro in 2023 after authorities arrested him for using falsified travel documents. He was sentenced to four months in prison but remained in custody for much longer as courts tussled over his extradition destination.
0 reply
10 recasts
13 reactions
isabella819jones pfp
isabella819jones
@isabella819jones
On Dec. 27, Montenegrin Justice Minister Bojan Bozovic finally approved Kwon’s extradition to the United States.
0 reply
10 recasts
13 reactions
chsmith07201 pfp
chsmith07201
@chsmith07201
“The gravity of the criminal acts, the place of execution, the order of submission of the request, the citizenship of the requested person, the possibility of further extradition to another country, as well as other circumstances,” the Ministry of Justice said.
0 reply
10 recasts
12 reactions
ellaevans51771 pfp
ellaevans51771
@ellaevans51771
Two US Republican Party lawmakers are calling on the Treasury Department to provide answers to how a Chinese state-sponsored entity hacked and accessed employee workstations.
0 reply
10 recasts
11 reactions
9amelia87 pfp
9amelia87
@9amelia87
In the Dec. 31 letter to Treasury Secretary Janet Yellen obtained by Law360, Senator Tim Scott, a member of the Senate Banking Committee, and Representative French Hill, the House Financial Services Committee vice chair, asked for a full congressional briefing on the breach by Jan. 10.
0 reply
11 recasts
10 reactions
temma9613 pfp
temma9613
@temma9613
Scott and Hill want the briefing to cover the information accessed by the hackers, specific details on how it occurred and steps the Treasury has taken to ensure that similar incidents don’t happen in the future, adding:
0 reply
11 recasts
9 reactions
isabella7tt1 pfp
isabella7tt1
@isabella7tt1
“As you know, Treasury maintains some of the most highly sensitive information on US persons throughout government, including tax information, business beneficial ownership, and suspicious activity reports,” they said.
0 reply
11 recasts
8 reactions
sophiaadaalex pfp
sophiaadaalex
@sophiaadaalex
The sectors said this information should be a priority to protect from theft or surveillance by foreign adversaries who might seek to harm the US.
0 reply
10 recasts
7 reactions
sophiaadaalex pfp
sophiaadaalex
@sophiaadaalex
The sectors said this information should be a priority to protect from theft or surveillance by foreign adversaries who might seek to harm the US.
0 reply
10 recasts
7 reactions
augustwilson081 pfp
augustwilson081
@augustwilson081
0 reply
9 recasts
17 reactions
el88thoms pfp
el88thoms
@el88thoms
Wood said that Federal Reserve Chair Jerome Powell previously described BTC as a digital version of gold, which aligns with the CEO’s positive outlook that the crypto market is still in the “early innings.”
0 reply
8 recasts
15 reactions
lucasjohnson0988 pfp
lucasjohnson0988
@lucasjohnson0988
Comparing BTC to gold on Dec. 5, Wood weighed gold’s $15 trillion market against BTC’s $2 trillion market, suggesting significant potential for growth for the cryptocurrency.
0 reply
9 recasts
15 reactions
jennymiller2381 pfp
jennymiller2381
@jennymiller2381
Copper withdrew its application to register with the UK’s Financial Conduct Authority on Dec. 20, saying it will shift focus to foreign hubs under its new CEO, the firm confirmed to Cointelegraph on Friday.
0 reply
8 recasts
14 reactions
ireneevans451 pfp
ireneevans451
@ireneevans451
Chaired by former UK Chancellor of the Exchequer Philip Hammond, Copper is one of the largest crypto businesses in the UK and has reportedly received millions in investment from Barclays.
0 reply
7 recasts
16 reactions
9amelia87 pfp
9amelia87
@9amelia87
Copper reportedly failed to secure a permanent UK registration when the FCA updated its register of crypto asset businesses in 2022.
0 reply
9 recasts
15 reactions
temma9613 pfp
temma9613
@temma9613
0 reply
7 recasts
16 reactions
isabella7tt1 pfp
isabella7tt1
@isabella7tt1
“Refining Copper’s global growth strategy has been my priority since joining, and this has necessitated key decisions on our direction and approach,” Kuchinad said in a statement on Copper’s UK license application withdrawal.
0 reply
8 recasts
15 reactions
sophiaadaalex pfp
sophiaadaalex
@sophiaadaalex
“Withdrawing our application to register as a crypto asset institution in the UK is the right decision for our business and reflects our refocus on driving growth in priority markets and the expansion of our product portfolio,” he stated.
0 reply
2 recasts
14 reactions