The United States Securities and Exchange Commission (SEC) is suing Hex founder Richard Heart on allegations of unregistered crypto security sales. Meanwhile, several stable pools on Curve Finance were exploited on July 30 due to a reentrancy vulnerability in certain versions of the Vyper programming language. Losses topped $52 million, leading to a plummeting of Curve’s native CRV token. Amid the chaos, an ethical hacker managed to retrieve $5.4 million worth of Ether (ETH) from an exploiter and returned it to the decentralized finance (DeFi) protocol.
SEC v. Terraform case to go ahead, judge disagrees with Ripple ruling
A United States federal judge has denied a motion from Terraform Labs to dismiss the lawsuit brought by the U.S. securities regulator.