In a significant development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Terraform Labs, a jury has found the blockchain protocol and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022.
American multinational investment company, BlackRock has witnessed a significant lull in investments for its Spots Bitcoin ETF, iShare’s Bitcoin Trust (IBIT).
Jamie Dimon, CEO of JPMorgan Chase, has once again sparked controversy with his strong denouncement of Bitcoin (BTC).
In a recent interview, he labeled the leading cryptocurrency a “public decentralized Ponzi scheme.” This statement reiterates his long-standing skepticism against Bitcoin.