Ex-Hodlnaut CEO charged with fraud over Terra exposure claims
Ex-Hodlnaut CEO Zhu Juntao faces six fraud charges in Singapore for allegedly misleading users about the platform's Terra/UST exposure after the 2022 ecosystem collapse. He directed staff to issue false statements claiming no direct UST losses. If convicted, he faces up to 20 years imprisonment. The case revisits the $50 billion Terra implosion that triggered broader crypto lending failures.
Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Ethereum price chart targets $1.8K as total value locked hits 13-month lows
Ether price eyes a 14% drop to $1,800 as it trades in a classic bearish pattern amid declining total value locked on the Ethereum network....
Morning Minute: Trump Hints That Iran Deal May Be Close, Markets Rebound
Trump's hints of an imminent Iran deal sparked crypto market recovery, with Bitcoin holding $77,042 despite modest declines across major assets. Geopolitical developments traditionally boost risk appetite, potentially benefiting cryptocurrencies as safe-haven alternatives. ETH, BNB, and Solana showed resilience. Indian investors should monitor geopolitical shifts affecting global capital flows into digital assets during volatile periods.
Binance eyes Philippines return through SEC sandbox partnership
Binance remains blocked in the Philippines after a 2024 NTC directive tied to SEC concerns over licensing and registration....