A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST’s stability. Terra’s stablecoin UST collapse in 2022 led to a $40 …
The Prosecutor General’s Office of Montenegro says the decision to deport Terraform Labs founder Do Kwon to South Korea was illegal. According to a statement from the prosecutor’s office dated …
Per the High Court decision, Do Kwon will be released from prison in Spuž on Saturday but will not be allowed to leave Montenegro. As per local reports, the authorities …
Bitcoin (BTC) mounted a recovery, taking the rest of the market with it, despite sustained outflows from spot Bitcoin exchange-traded funds. The U.S. government made moves to sell $131 million …
Amidst legal turmoil and Terraform Labs’ collapse, Do Kwon’s Serbian venture Codokoj22 remains active. Terraform Labs, the company behind the $60 billion collapse in the crypto market, filed for Chapter …
Terraform Labs, the blockchain firm behind the notorious Terra ecosystem, has filed for bankruptcy in the U.S. a month after a court ruled that the firm violated the U.S. laws. …
The SEC has submitted a new argument in its ongoing legal battle with Binance, referencing a recent decision involving Terraform Labs. The move by the SEC aims to strengthen its …
The legal team of Terraform Labs and Do Kwon have agreed with the SEC on maintaining the confidentiality of certain documents in their trial. The agreement comes in the context …
A Montenegro court has overturned the extradition permit for Terraform Labs co-founder Do Kwon. According to an official statement, the Montenegro Court of Appeal on Dec. 14 ruled to annul …
The U.S. Securities and Exchange Commission (SEC) has requested a judge, rather than a jury, to determine whether specific cryptocurrencies involved in the Terraform Labs case are classified as securities. …