Bitfinex hacker sentenced to 5 years in prison  

The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform.

Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition.

The proposed consent order, if approved by a judge, could allow Gemini Trust to avoid a Jan. 21 civil trial with the CFTC over alleged “false and misleading” statements.