Investor

Terraform Labs Faces Jury Decision in SEC Lawsuit Over Alleged Investor Deception in TerraUSD Collapse

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New York – The U.S. Securities and Exchange Commission (SEC) recently concluded their case against Terraform Labs and its co-founder, Do Kwon, leaving the decision in the hands of a New York jury. The jury must now determine whether Kwon and his company can be held accountable for allegedly providing misleading information to investors regarding the stability of their cryptocurrency, Terra USD (UST), and its integration with a South Korean mobile payments app. Terra USD, also known as an “algorithmic stablecoin,” was designed to be pegged to the U.S. dollar through on-chain mint-and-burn mechanics with … Read more

Tether Investor Takes Legal Action After Alleged Defamation by Prominent Media Outlet

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MIAMI (AP) – A Tether shareholder has recently filed a lawsuit against the Wall Street Journal (WSJ), alleging defamation. The lawsuit accuses the renowned publication of publishing false and misleading information about Tether, a controversial cryptocurrency firm known for its stablecoin, which is widely used in the digital asset world. The shareholder, whose identity remains undisclosed, claims that the WSJ’s reporting caused significant harm to Tether’s reputation and resulted in financial losses for the shareholder. Tether has been involved in numerous controversies and legal issues in recent years, with critics expressing concerns over its lack … Read more

Apple’s Future Uncertain Amidst Impending Antitrust Lawsuit and Investor Concerns

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WASHINGTON (AP) — Apple Inc. is facing an impending antitrust lawsuit from the Justice Department, which could be filed as soon as March. While some investors are concerned about the potential impact on the company’s fortunes, many experts are looking beyond the lawsuit and focusing on broader economic factors. The upcoming lawsuit centers around software and hardware limitations on iPhones and iPads that allegedly hinder competition from other services. Experts suggest that Apple’s stock price could potentially take a hit, particularly due to government scrutiny of its iMessage service. Issues with iMessage have been raised, … Read more

Soho Real Estate Investor Allegedly Beats and Strangles Model Fiancée After Spurned Advances: Lawsuit

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New York City – A model from Soho has filed a lawsuit against her real estate investor fiancé, accusing him of assaulting and strangling her when she rejected his advances. In the lawsuit, Marissa Liu alleged that Jon Yi, a 6-foot, 180-pound man, attacked her while she was sleeping in their home. Liu claimed that Yi sexually assaulted her, beat her, smashed her head into the floor, put her in a headlock, strangled her, and restrained her arm. Following the incident, Yi allegedly locked Liu out of their home. According to Liu, this was not … Read more