Jurors took a short time to deliberate on the evidence presented by the U.S. Securities and Exchange Commission and Terraform Labs before reaching a verdict.
Market analysts predict layer-2 blockchains are set to capitalize on Ethereum’s primary challenge to process, store and compute data, which might propel it to a $1 trillion market cap by 2030.
The High Court in Podgorica could decide whether the Terraform co-founder is sent to the United States or his native South Korea to face criminal charges.
Although Australia already has a couple of ETPs exposed to Bitcoin, Monochrome’s spot BTC ETF will be the first to hold physical Bitcoin in its ETF, similar to the United States-based products.