The U.S. Securities and Exchange Commission (SEC) released an indictment accusing Terraform Labs and CEO Do Kwon of conspiring to defraud billions of dollars using crypto assets and securities, leading to a crash that caused $40 billion in damage.
Confronting rumors about the disappearance of Three Arrows Capital (3AC) founders, Su Zhu voiced a counterattack, claiming that he was tricked by unnamed liquidators.