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Sunday, May 18, 2025

Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More News - Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Legal news
Co-founder of the distraught crypto project Terraform Labs, Do Kwon, has reportedly hired a South Korean law firm, in anticipation of potential charges against him. As per Naver News, no charges have yet been filed against Kwon, but he still submitted a letter of appointment to an attorney in the Seoul Southern District Prosecutor’s Office, which is currently looking into the Terra-LUNA fiasco.
During Celsius (CEL)'s second day hearing, which took place this Tuesday, judge Martin Glenn, chief judge of the US Bankruptcy Court for the Southern District of New York, approved the bankrupt crypto lender’s plan to sell mined bitcoin (BTC) to cover operational expenses.
Tax news
The Colombian government is looking at creating a digital currency, local media are reporting. As per a Semana report, the country’s Head of...



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