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Terraform Labs co-founder Do Kwon changes plea to guilty on fraud charges, facing up to 12 years in prison.
Former Binance CEO Changpeng "CZ" Zhao has requested dismissal from a $1.76 billion clawback lawsuit filed by the FTX trust, citing jurisdictional issues.
Bankrupt crypto exchange FTX will begin its next round of creditor cash distributions on September 30 following court approval to reduce disputed claims reserves by $1.9 billion.
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