ZEN INVESTING
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Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal
Former Bithumb Chairman Lee Jeong-hoon faces fraud charges over botched deal with BK Group Chairman Kim Byung-gun, awaiting an 8-year sentence, impacting governance and crypto industry regulatory landscape.
zen investing
Terraform Labs (Luna) Co-Founder Pleads US Court to Dismiss SEC's Fraud Allegations
Terraform Labs and co-founder Do Kwon are defending against fraud and securities allegations by the U.S. SEC, arguing their cryptocurrencies are not securities, amidst a wider legal battle between crypto firms and regulators following the Terra ecosystem's $40 billion downfall in 2022.
zen investing
Crypto Exchange Thodex Founder Sentenced to Over 11,000 Years Amid Fraud Allegations
Thodex 's Faruk Fatih Özer has been sentenced to over 11,000 years by the Anatolian 9th High Criminal Court on fraud charges. The Turkish platform's abrupt 2021 shutdown left users without access to $2B in assets, leading to major international scrutiny.