Tron Seeks Dismissal of SEC Suit, Asserts Lack of Jurisdiction
Tron seeks dismissal of the SEC’s lawsuit, stating “foreign digital asset offerings to foreign purchasers on global platforms.” The entity responsible for the layer-1 blockchain Tron has petitioned a federal court in New York to discharge a lawsuit filed against it by the United States Securities and Exchange Commission. The defendants claim that the SEC […]
Prisma Finance Reports $540K Still at Risk After Hack
Prisma finance reports $540K still at risk from accounts yet to revoke the smart contract responsible for last week’s $11.6 million exploit. Prisma Finance, a decentralized finance (DeFi) firm, reports that $540,000 remains in accounts from which the smart contract liable for the $11.6 million breach last week has yet to be revoked. In the […]