Browsing Tag
Billion-Dollar
3 posts
SEC’s Billion-Dollar Fraud Trial Commences, As Do Kwon Leaves Prison
Do Kwon has been released from a Montenegrin prison as he completes his sentence for travelling with falsified documents. The Montenegrin court is still deliberating on whether to honour the extradition request from the US or South Korea. Meanwhile, the SEC has taken Terraform Labs to court in a civil lawsuit worth billions of dollars.
‘Tip of a Billion-Dollar Claims Iceberg’: What We Heard This Week
Perspectives > What We Heard This Week — Quotable quotes heard by MedPage Today's reporters by MedPage Today Staff February 4, 2024 "This is just the tip of a billion-dollar claims iceberg as there are hundreds of U.S. clinics that have fraudulently billed Medicare for these birth tissue products to treat pain." -- Chris Centeno
Billion-Dollar Crypto Fund Grayscale Refuses to Post Proof-of-Reserves – Next Firm to Collapse?
Source: Adobe/AscannioCrypto investment firm Grayscale has refused to share its proof-of-reserves citing "security concerns." The move has stirred up speculations about the financial health of the company. In a Saturday tweet, the company said major cryptocurrency exchange Coinbase, which is used by Grayscale as custodian, frequently performs "on-chain validation," adding that they cannot share their proof