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US Senators have introduced a bill aimed at combating the illicit use of crypto assets through a public-private partnership
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Terraform Labs files for bankruptcy protection in US Terraform Labs, the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets, filed for Chapter 11 bankruptcy in the United States, according to court papers filed on Sunday. Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million.$LUNA $LUNC $USDC #Luna/usdt #LUNC/USDT #USDC/USDT #luna/used
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Tron founder Justin Sun said on Jan. 19 that the United Nations’ recent report about the illicit use of USDT misrepresents some of the “professional facts” about blockchain networks. The UN report, which focuses on the rising use of USDT in fraudulent transactions, particularly in Southeast Asia, has drawn attention to blockchain technology’s challenges in preventing its misuse by bad actors.$TRX #TronPayments #TRX/USDT #Trx #TronBlockchain
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