Coinbase, a major cryptocurrency exchange, is reportedly under investigation for its accounting practices related to crypto assets held on its platform. This scrutiny comes amidst a period of increased regulatory interest in the cryptocurrency industry.
Read MoreBankrupt Terraform Labs and its disgraced founder, Do Kwon, have reached a landmark $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC) following a jury verdict finding them liable for defrauding cryptocurrency investors in the infamous collapse of TerraUSD (UST) and LUNA.
Read MoreSenators Ron Wyden and Cynthia Lummis have expressed significant apprehension regarding the existing crypto regulations in the US.
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