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Sam Bankman-Fried, the founder of FTX, a popular cryptocurrency derivatives exchange, recently faced trial in a US court. The trial centered around allegations that Bankman-Fried had violated federal commodities laws by offering illegal futures contracts on his platform. Prosecutors argued that Bankman-Fried knowingly allowed customers to trade these illegal futures contracts on FTX, despite being warned by legal counsel that such activities were prohibited. They also presented evidence…

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A civil fraud case against Do Kwon, the founder of Terraform Labs, is currently being tried in a US court. The case revolves around allegations that Kwon misled investors by falsely claiming that his company's cryptocurrency, TerraUSD, was backed by a stable reserve of assets. Prosecutors argue that this was not true and that Kwon operated a Ponzi scheme, using funds from new investors to pay off earlier investors. The trial has now reached the deliberation stage, with the jury considering…