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The U.S. Department of Justice is reportedly considering fraud charges against Binance, the world’s largest crypto exchange. However, due to concerns about potential repercussions on the broader cryptocurrency industry, officials are also exploring alternatives such as fines and deferred or non-prosecution agreements, according to sources familiar with the matter.
AWA Studios, a content startup specializing in developing graphic novels to create larger entertainment franchises, has announced the formation of a Creative Council comprising esteemed writers and directors.
A federal judge has denied Terraform Labs’ motion to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit, stating the SEC had a plausible claim that TerraUSD (UST), Anchor Protocol, and LUNA may have violated securities law. The judge also rejected the defense’s attempt to use a recent ruling in the Ripple Labs case as a precedent.