The Market Roundup: Week of June 5
- This week’s market snapshot
- Do Kwon allegedly cashed out $80 million a month pre-UST crash
- 0xHamZ releases analysis on state of the market
- Ethereum test merge with Ropsten network went well
- stETH de-pegs from ETH on Curve
- Optimism hacker promises to return 18M OP tokens
- The Responsible Financial Innovation Act proposes a regulatory framework for digital assets
The SEC has reportedly uncovered evidence of money laundering against
Do Kwon. The evidence highlights $80M of the company’s monthly operating expenses were split between many crypto wallets, just months before the crash of UST/LUNA….