us securities and exchange commission

Wanted Terra Founder Do Kwon Charged With Fraud by US SEC

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Wanted Terra Founder Do Kwon Charged With Fraud by US SEC

The Securities and Exchange Commission said Thursday it has charged crypto entrepreneur Do Kwon, and the firm he co-founded called Terraform Labs, “with orchestrating a multi-billion dollar crypto asset securities fraud.” The collapse of Terraform Labs last year wiped out about $40 billion (roughly Rs. 3,31,166 crore) of investors’ money and shook global crypto markets. … Read more

Facebook-parent Meta to settle Cambridge Analytica lawsuit for $725 million – Times of India

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Facebook-parent Meta to settle Cambridge Analytica lawsuit for 5 million – Times of India

Meta, the parent company of Facebook, has agreed to settle the Cambridge Analytica lawsuit, which accuses the social network platform of allowing third parties, including the British consulting firm Cambridge Analytica to access user data for $725 million.The lawsuit began in 2018 when Facebook was accused of sharing the personal data of over 87 million … Read more