[PRESS RELEASE – Grand Cayman, Cayman Islands, April 23rd, 2024]

The cryptocurrency sector is continually evolving, and ApeBond is at the forefront with its new offering: ⚡Flash Bonds. This feature enables participants to acquire Bitcoin (BTC) at specific discounts. ⚡Flash Bonds will be launched on the ApeBond website on April 23rd at 17:00 UTC, with transactions being conducted in USDT.

Exclusive Access, Exclusive Rewards

⚡Flash Bonds offer a structured way to purchase BTC at a set discount. Participants need to achieve a certain Tier status within the ApeBond Launchpad ecosystem to engage. This status can be attained by accumulating Launchpad Points via locking ABOND into veABOND. The sales occur twice a week, with discounts up to 3% based on the participant’s Tier. These discounts are predetermined and are maintained throughout the sale duration, irrespective of any price changes in the tokens during that period.

Details of Flash Sale #1 (Tuesday April 23rd, 17:00 UTC):

• Diamond Tier: Requires 100,000 points for a $50K allocation with a 2% discount.
• Legend Tier: Requires 500,000 points for a $150K allocation with a 3% discount. This tier will be available soon and points acquired now will count towards this new tier.

Bronze, Silver, and Gold Tiers do not qualify for participation in the first ⚡Flash Bonds sale. This exclusivity ensures that only the most dedicated investors gain access to this unique deal at the very beginning.

Process Overview:

1. Users purchase and lock ABOND tokens to earn Launchpad Points.
2. Locking tokens for extended periods grants users an additional Points Multiplier.
3. Users accumulate sufficient points to reach the required Diamond or Legend Tier.
4. Eligible users participate in ⚡Flash Bonds sales, which are held twice weekly.

The first sale offers $200K USD worth of BTC at a discount for a duration of one hour—$50K for Diamond Tier and $150K for Legend Tier holders, with instant vesting after the sale concludes.

The first ⚡Flash Bonds sale is set to ignite the crypto market on Tuesday, April 23rd at 17:00 UTC. ⚡Flash Bonds sales will continue bi-weekly, possibly expanding to include other prominent cryptocurrencies like BNB or ETH.

ApeBond’s Track Record

Since its launch in early 2022, ApeBond has made significant strides in the DeFi bonds market, bonding over $11 million USD and partnering with over 120 Bonds partners across five different chains. The Launchpad, introduced in March, has already facilitated two successful launches, with more planned for the future.

⚡Flash Bonds are integrated with the sales of BTC and other major tokens, aligning with ApeBond’s strategy to enhance the utility and value of the ABOND ecosystem, which rewards sustained engagement.

Participation Details

ApeBond team invites users to join a new era of investment in Bitcoin through ApeBond’s ⚡Flash Bonds, by visiting ape.bond/veABOND. It is important to note, that only Diamond and Legend Tier holders can participate in this groundbreaking initiative.

About ApeBond

ApeBond is a decentralized finance platform offering a full suite of tools to explore and engage with the future of wealth building. With products ranging from a decentralized exchange, a bonding protocol, and the new Liquidity Health Dashboard, ApeBond empowers users to access DeFi in a secure, transparent, and globally accessible way.

Terraform Labs (TFL) and its founder, Do Kwon, are under pressure to pay $5.3 billion in cumulative damages for fraud related to their now-defunct Terra blockchain.

In a filing dated April 19, the U.S. Securities and Exchange Commission (SEC) requested that Kwon and his company be ordered to pay ~$4.2 billion in disgorgement and ~$546 million in pre-judgment interest after losing its lawsuit against the regulator on all counts earlier this month.

The Largest Crypto Fine Ever?

The agency requested that Terraform and Do Kwon pay a $420 million and a $100 million civil penalty, respectively, in addition to the disgorgement charges.

The order also stipulated that monetary remedies imposed against the firm could not be discharged in bankruptcy, and that the order would bar Kwon from again acting as director of a securities issuer.

Should the court abide, the case could go down as the largest crypto-related enforcement action ever, surpassing the Department of Justice’s $4.3 billion settlement with Binance, the world’s largest crypto exchange, in February.

Whereas Binance’s charges at the time were related to a lack of anti-money laundering controls, TFL’s case related to securities law violations and defrauding investors.

That includes misleading investors about its blockchain’s associated token and stablecoin – LUNA and UST – about their stability and ability to generate investor returns.

“Through these deceptions, the defendants caused devastating losses for investors and wiped out tens of billions of market value nearly overnight,” said SEC Division of Enforcement Director Gurbir S. Grewal in a statement following the court’s verdict against TFL and Kwon on April 5.

“For all of crypto’s promises, the lack of registration and compliance have very real consequences for real people,” he continued.

Do Kwon’s Counterarguments

In response to the SEC’s request, Kwon has argued against any form of injunctive relief against him, claiming there is no evidence that Kwon will repeat the same “alleged” conduct.

His lawyers also claimed that disgorgement fines are unjustified given that Kwon did not receive any illegal profits from his scheme independent of TFL’s earnings.

Regarding civil penalties, Kwon’s lawyers claimed he should be charged a little over $800,000.

“For the foregoing reasons, the Court should not grant injunctive relief or disgorgement against Mr. Kwon, and may assess appropriate civil penalties based on the criteria discussed above and in TFL’s remedies brief to the extent the SEC meets its burden of proof,” the filing concluded.

[PRESS RELEASE – Burlignton, United Kingdom, April 23rd, 2024]

$SNUKE a South Park-inspired meme coin that combines humor and fun with lucrative potential. has announced its Pre-Sale on Thursday 21st of April.

With its launch on the Solana blockchain, $SNUKE offers its early adopters a unique opportunity to be part of a journey of excitement and humorous groove.

$SNUKE Taps Into The Meme Coin Magic On Solana

$SNUKE gets its unique name from one of the most exciting episodes of “South Park” titled the SNUKE (A nuclear weapon in a suitcase).

$SNUKE is inspired by other successful projects like Slerf, Book of Meme (BOME), Dogwifhat (WIF), and more.

Embracing South Park’s Spirit: $SNUKE Coin on Solana

$SNUKE Coin is more than just digital currency, it captures the essence of fun and satire that South Park fans love, by tapping into the humor and rebellious spirit of the show.

$SNUKE offers a unique take on the expanding meme coin trend, and with its launch on Solana, known for its speedy and cost effective transactions, $SNUKE is poised to make a significant impact.

$SNUKE Pre-Sale Details 

Total Supply: 1 Billion $SNUKE Tokens

Pre-Sale Allocation: 600,000,000 $SNUKE is allocated for the Pre-Sale which represents 60% of $SNUKE Total supply

Sale Duration: $SNUKE Pre-Sale will last for 25 Days

$SNUKE Price: 0.000005 SOL

There will be no minimum or maximum allocation for $SNUKE Pre-Sale, this is to ensure a fair and favourable condition for all participants.

To Join the $SNUKE Pre-Sale users can visit: https://snuke.wtf/sale

About Snuke

For real-time updates and to join the community events leading up to the launch, uses can follow Snuke’s Twitter account and join Snuke’s Telegram group.

Website l X l Telegram

Snuke is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.