A Snapshot vote would liquidate the protocol, swap what collateral is left into ether and pay MIM holders pro rata. The team puts recoverable backing at about $900,000 against $21 million of bad debt.
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Online contacts allegedly drew hundreds of investors into fake trading and AI bot programs. The SEC has charged four entities over two schemes that it says misappropriated more than $15.3 million. SEC Alleges More Than $15.3 Million Taken …
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Michael Saylor says digital assets could become a $100 trillion industry if people and companies gain more ways to create, move, and use them. His projection rests on proposed changes to products, payments, privacy, and financial regulatio…
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Two New York lawsuits allege investors were shown fictitious profits and pressed for more money when they tried to withdraw.
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Seven commissioner seats at the SEC and CFTC will be empty after Friday, leaving only a few leaders at financial regulators to oversee aspects of the $3 trillion crypto industry.