allegations

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SEC going after BKCoin and Kang over fraud allegations

0xMain
March 6, 2023

allegations, BKCoin, fraud, Hacking, Kang, SEC

The U.S. SEC has filed an emergency action against BKCoin Management LLC and its principal, Kevin Kang, for allegedly orchestrating a $100 million crypto fraud scheme. The SEC obtained an asset freeze, appointment of a receiver, and other emergency relief against the Miami-based...

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SEC charges Terraform and Do Kwon with fraud allegations

0xMain
February 17, 2023

allegations, charges, fraud, Hacking, Kwon, SEC, Terraform

The US Securities and Exchange Commission filed charges against Singapore-based Terraform Labs PTE Ltd and Do Kwon on Feb. 17, accusing them of perpetrating a scam involving algorithmic stablecoins and other crypto asset securities that totaled multiple billion dollars. Today we charged Singapore-based...