SEC seeks $5.3 billion from Terraform Labs and Do Kwon
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Terraform Labs And Do Kwon Face $5.3B Penalties In SEC Fraud Case
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. In response, the SEC has filed a motion seeking […]
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Rightwing US website that spreads election conspiracies declares bankruptcy
Gateway Pundit, run by Jim Hoft, is being sued for defamation by Georgia election workers Ruby Freeman and Shaye Moss and othersThe Gateway Pundit, a rightwing website known for spreading election conspiracies, will declare bankruptcy as it faces lawsuits for defamation.The site’s parent company, TGP Communications, will file for bankruptcy in Florida “as a result of the progressive liberal lawfare attacks against our media outlet”, founder Jim Hoft wrote on the website. Continue reading
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Grand jury indicts 11 who falsely declared Trump won Arizona in 2020
PHOENIX >> Eleven Republicans who submitted a document to Congress falsely declaring that Donald Trump beat Joe Biden in Arizona in the 2020 presidential election were charged today with conspiracy, fraud and forgery, marking the fourth state to bring charges against “fake electors.”