13 Jun 2024

Terraform and Do Kwon Get Hit Hard

Terraform Labs and Do Kwon face $4.47 billion in fines. The Fed keeps interest rates unchanged and MicroStrategy looks to buy more Bitcoin. Finally, we consider whether Trump is "the crypto president".
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Terraform and Do Kown Get Hit Hard
After being found guilty of civil fraud in April, Terraform Labs and Do Kwon may pay fines totalling a staggering $4.47 billion. Interest rates remain unchanged, while MicroStrategy is eager to acquire even more Bitcoin. In Trending Topics, we consider Trump’s self-proclamation as the “crypto president”.
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