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Terra Founder Do Kwon's Fate Hangs in the Balance as SEC Meets with Montenegrin Officials Key Meeting Held to Discuss Do Kwon's Case A crucial meeting took place recently between Montenegrin officials and representatives of the US Securities and Exchange Commission (SEC) to discuss the case of Do Kwon, the founder of Terra (LUNA). The meeting was attended by Montenegrin Minister of Justice Andrej Milović, Director General of Capital, International and EU Fund Projects Dragutin Đeković, and a delegation from the SEC. *SEC Delegation Presents Overview of Investigation* The SEC delegation, comprising Director of Investigations Gurbir Greval, Head of the Crypto Asset and Cyber Unit (CACU) David Hirsch, and other officials, presented a detailed overview of the SEC's work, focusing on investor protection and cryptocurrency trading. They explained the legal framework governing these activities, available legal remedies for investors, and the actions taken in various situations. *Do Kwon's Case Under Discussion* One of the key topics discussed during the meeting was the SEC's investigation into Do Kwon's case. Minister Milović was briefed on the investigation's findings and the progress of the legal proceedings against Do Kwon in the USA. *International Cooperation Emphasized* Minister Milović stressed the importance of international cooperation in protecting investors and combating fraud in financial markets. He thanked the SEC representatives for their detailed presentation and useful information. 👉 CLAIM 0.0005 ETHEREUM 🐸🚀 The meeting highlights the ongoing efforts to hold Do Kwon accountable for his actions, which caused a significant impact on the cryptocurrency market. The outcome of the legal proceedings will be closely watched by the crypto community and investors worldwide. $BTC $ETH
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BTC = $78460 ETH = $4033 XRP = $0.09 ADA = $3 SOL = $266 PDA = $0.8 DOGE = $0.068 SHIBA = $0.0001 TIA = $41 BNB = $790 MATIC = $0.98 MANTA = $0.09 till end of the year 2024 , do you think is correct ? please advise #BullorBear
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China Asset Management, Bosera Capital, HashKey Capital Limited announced that the Hong Kong Securities and Futures Commission (SFC) has approved both spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) applications. Hashkey Capital was founded in 2015 by current CEO Dr Xiao Feng, and is a digital asset platforms and investment fund prominent in Asia. It has $1 billion in AUM and recently seeked to raise funds at a $1 billion plus valuation. Shenzhen-based Bosera Capital is one of the first fund management companies in China, and manages $200 billion in assets. Meanwhile, China Asset Management is a prominent asset management firm founded in 1998. It manages one of the largest equity ETF products in China, with a total of $266 billion in assets under management (AUM). Bloomberg first reported about the imminent approval of the spot ETFs, with the listing details being finalized in time with Hong Kong Exchanges & Clearing (HKEX). The report stated that the products could be launched by the end of this month, marking a significant development in the region's cryptocurrency market. The approval of these ETF products in Hong Kong is anticipated to be a major driver for the cryptocurrency market, positioning the city as a leading digital asset hub in Asia. While the United States approved spot Bitcoin ETFs in January, resulting in a record-breaking price surge that propelled Bitcoin to reach $73,000, it has not yet approved Ethereum ETFs. In contrast, Hong Kong approved both Bitcoin and Ethereum spot ETFs at the same time. Meanwhile, expectations for the approval of spot Ether ETF products in the U.S. remain subdued due to the lack of SEC engagement with the applicants. JPMorgan analysts placed the approval of Ether ETFs by the final deadline in May at 50%. #BTC #ETH🔥🔥🔥
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