Enforcing Philippine Laws against DAOs and Developers involved with Pump and Dump SchemesOn 01 April 2022, Kava Network’s (KN) marketing division posted a tweet stating that Tesla, Inc., Elon Musk’s company, is building on top of KN to allow Tesla owners to earn income through yield farming while driving. While this post was intended as satire, several market participants relied on this assumption to purchase $Kava, causing the token price to skyrocket. Around twenty minutes after the post, K...

Enforcing Philippine Laws against DAOs and Developers involved with Pump and Dump SchemesOn 01 April 2022, Kava Network’s (KN) marketing division posted a tweet stating that Tesla, Inc., Elon Musk’s company, is building on top of KN to allow Tesla owners to earn income through yield farming while driving. While this post was intended as satire, several market participants relied on this assumption to purchase $Kava, causing the token price to skyrocket. Around twenty minutes after the post, K...