Today's crypto news 📃 ➡️ Terra's Legal Team Quits — What's Next? 🤥 ➡️ a16z State of Crypto Report: We Are Still Early 🌅 ➡️ Nayib Bukele Bangs the Drum for Bitcoin Adoption 🥁
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Crypto users react to Terraform Labs legal team purportedly leaving companyTerraform Labs general counsel Marc Goldich, chief litigation and regulatory counsel Noah Axler, and chief corporate counsel Lawrence Florio all appear to have stopped working for the blockchain firm as of May 2022.
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US Courts Are Coming After Crypto Exchanges That Skirt Sanctions“Cases like this send a message to bad actors that law enforcement can trace and track the flow of funds, and regulators like OFAC are going to continue to sanction bad entities in the space—and are clearly looking to go after bad entities.”
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Crypto News, May 16: Do Kwon’s Revival Plan Doesn’t Impress, LFG Wallet Out of BTC | CoinMarketCapToday's crypto news 📰 🌕 Luna Foundation Guard's reserves depleted from over 80,000 Bitcoin to 313 📈 Bitcoin recorded 7th straight red weekly candles — the first time in history 📝 Do announced Terra's revival plan, but Vitalik and CZ are critical
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Australia to Focus on Crypto Taxation This YearThe Australian tax regulator says cryptocurrency is one of its key areas of focus this year.
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China Backed Publication: Terra LUNA Crash Vindicates Country's Ban on Crypto-Related Activities – Featured Bitcoin NewsEfforts to rescue the stablecoin precipitated LUNA’s plunge from a price of over $87 on May 4, 2022, to a current price of just under $0.0003. terra virtualcurrency bitcoin
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