Do Kwon is set for sentencing on December 11, 2025, in Manhattan federal court. Judge Paul Engelmayer will decide his prison term. U.S. prosecutors are seeking the toughest sentence allowed under his plea deal. They argue Do Kwon’s fraud was large enough to shake parts of the crypto market after the Terra collapse. Do Kwon

The post Do Kwon Faces Up to 12 Years in Prison Over ‘Colossal’ Role in $40B TerraUSD Collaps appeared first on CoinGape.

The U.S. Commodity Futures Trading Commission has approved using tokenized assets as collateral in the country’s derivatives markets. This approval shows that the commission is becoming more open to activities related to crypto. CFTC Launches Pilot Allowing Tokenized Assets in Derivatives Markets In a press release, the commission announced a new pilot program that will

The post Tokenized Assets Get Green Light as CFTC Approves Use in U.S. Derivatives Markets appeared first on CoinGape.