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Terraform Labs co -founder Do Kwon is pushing back against the United States Securities and Exchange Commission ( SEC ) regarding Slack messages presented as crucial evidence in an ongoing Legal battle . These messages, dating back to September 2019, involve a discussion between Kwon and his co -founder , Daniel Shin, regarding potential tactics to boost investor interest in the Seoul-based payments provider, Chai Corporation . The exposed chat reveals that Kwon and Shin brainstorm strategies to attract investors. Chai Corporation, founded by Kwon and Shin in mid-2019, had close ties with Terraform Labs until their separation in 2020. The leaked messages indicate that Kwon had plans to shape transactions to make them more appealing, stating, “I can just create fake transactions that look real.” He believed these transactions could generate fees and be phased out gradually as Chai grew. Kwon also sought confidentiality, saying, “I won’t tell if you won’t...

Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind. Crypto’s next bull run will start in Asia, according to Cameron Winklevoss, an American investor and co -founder of crypto exchange Gemini. His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and Exchange Commission. “My working thesis atm is that the next bull run is going to start in the East,” Winklevoss said in a tweet on Feb. 19. “It will be a humbling reminder that crypto is a global asset class and that the West, really the US, always only ever had two options: embrace it or be left behind.” “It can’t be stopped. That we know,” he added. According to Chainalysis, Central & Southern Asia and Oceania (CSAO) was the third largest cryptocurrency market in its index for 2022. Citizens from these areas received $932 billion in cryptoc...