Do Kwon, the co-founder of Terraform Labs, faces multiple criminal charges in the United States, including conspiracy to commit fraud and market manipulation. These charges stem from the May 2022...
LUNA crash highlights the risks associated with algorithmic stablecoins. An acclaimed crypto researcher on X has recalled the infamous events surrounding the LUNA crash a few years ago that exposed...
Montenegro’s Supreme Court has ruled that Terraform Labs co-founder Do Kwon is eligible for extradition, according to a local source. The final decision now rests with the Minister of Justice,...
US regulators have stepped up enforcement actions against cryptocurrency companies, securing nearly $32 billion in settlements from top industry players. These regulatory efforts have increased after the high-profile collapse of...
Terraform Labs announced the possible shutdown of several key products and services by October 30, 2024. The company is talking with third parties to take over these offerings. If these...
In the ongoing efforts to revive the Terra Luna Classic ecosystem, one LUNC investor demonstrated strong confidence by purchasing tokens at a 3x premium, betting on future price appreciation. This...
Terraform Labs, the company behind the failed TerraUSD and Luna tokens, is preparing to wind down after a U.S. court greenlit its bankruptcy plan. This decision closes a chapter on...
Montenegro Appellate Court’s recent approval of Terraform Labs founder Do Kwon’s extradition to South Korea has sparked concerns of legal violations. According to recent reports, the Montenegrin Supreme Court is...
A weekly chart analysis of Terra Luna Classic (LUNC) suggests a favorable risk-reward ratio that may entice crypto investors looking to capitalize on a potential price surge. The altcoin is...
LUNA, LUNC, and USTC, the three cryptocurrencies tied to Terraform Labs, have shown mixed performance in the weeks leading up to the company’s bankruptcy plan hearing, scheduled for September 19....
Terraform Labs, the company behind the Terra ecosystem and the infamous $40 billion collapse of UST and LUNA, has unveiled a new Shuttle Bridge interface. This bridge will enable community...
Terraform Labs, the company behind the Terra ecosystem’s rollercoaster ride and the UST stablecoin’s collapse, has revealed the final upgrade to its blockchain network in the wake of the $4.5...
Terraform Labs Pte Ltd and Terraform Labs Limited, currently navigating Chapter 11 bankruptcy proceedings, have a crucial Plan Confirmation Hearing scheduled for September 19, 2024, at 10:00 a.m. ET in...
Terraform Labs founder Do Kwon is facing a growing legal maelstrom; a $57 million lawsuit filed by Singaporean investors in October 2022 just the latest blow, adding to Kwon’s woes...
Terraform Labs (TFL), the company behind the troubled Terra blockchain, has received court approval to reopen its Shuttle Bridge as part of its ongoing bankruptcy proceedings. This move allows users...
Chris Amani, the chief executive of Terraform Labs, the firm behind the rise and collapse of the Terra ecosystem, received $8 million from the bankrupt company that had filed for...
Terraform Labs Pte. Ltd. (TFL) announced the strategic sale of its business assets, including its subsidiary, Proximity Panorama, LDA. This move is part of TFL’s Chapter 11 proceedings and aims...
Crypto influencer Rasgard recently took to X (formerly Twitter) to shed light on the alleged wrongdoings of Do Kwon and the now-bankrupt Terraform Labs, the company behind the $40 billion...
News media agency, Vijesti reported that court documents released by the U.S. Securities and Exchange Commission revealed Montenegrin Prime Minister Milojko Spajic as an early investor in Terraform Labs, the...
In a decisive move against fraud in the cryptocurrency sector, a federal judge has approved a $4.5 billion settlement between the Securities and Exchange Commission and Terraform Labs, along with...
Ripple Labs has accused the Securities and Exchange Commission of pursuing disproportionately harsh penalties against the company compared to other crypto-related cases. In a recent filing, Ripple cited the recent...
Terraform Labs, the company responsible for the implosion of the TerraUSD stablecoin and its sister token LUNA, has agreed to a $4.47 billion settlement with the U.S. Securities and Exchange...
Cryptocurrency advocate James “MetaLawMan” Murphy believes the reported settlement between the U.S. Securities and Exchange Commission and Terraform co-founder Do Kwon is a positive development. According to Murphy, the proposed...
Terraform Labs and its CEO, Do Kwon, have reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC) over fraud charges. This development follows a jury verdict in...
Luna Foundation Guard (LFG), a Singapore-based non-profit organization connected to Terraform Labs and its founder, Do Kwon, has generated attention in the community with its recent large-scale crypto movements. A...