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Terraform Labs and Do Kwan in a Class Action Lawsuit
The FTX Committee of Official Creditors is collaborating with the firm's liquidators to examine options for rebooting or selling the exchange. Montenegrin prosecutors submit indictment proposal for Do Kwan and his chief financial officer Han Cheng-Joon. The US House Financial Services Committee has released a draft bill proposing a two-year ban on new stablecoins collateralized by other cryptocurrencies rather than fiat currency. Binance U.S.'s $1 billion deal to acquire assets from bankrupt crypto company Voyager could occur as early as next week.