South Korean court freezes Terra co-founder asset worth $104M
South Korean Court to seize $104 million worth of assets from Terra co-founder, based on a request from the prosecutors. While FTX grabbed the spotlight away from other fell ecosystems, South Korean authorities are working to offer closure to the victims of the year’s first crypto crash, Terraform Labs. South Korean authorities froze roughly $104.4 […]
Unchained Capital Cutting Staff, Reshuffling Management
Even though the Unchained capital doesn’t deal with FTX, the long bitcoin bear market is hurting parts of the business. About fifteen percent of Unchained Capital employees were let go, and Parker Lewis, the company’s head of business development, was elevated to the board of directors. Will Cole, the company’s chief product officer, was promoted […]
Sino Global Had Deep Ties to FTX Beyond Equity Investment
Sino is a well-known crypto investment company based in Asia. It holds many of the tokens that lost the most value when Sam Bankman-FTX Fried’s crypto empire fell apart. FTX was also a key partner in a large fund that Sino put together with money from outside investors. Sino Global Capital, which is led by […]