Terraform Co-Founder Do Kwon’s Trial To Begin In 2026
The U.S. legal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, has been scheduled to start in January 2026. The choice was introduced throughout an preliminary….
Tag: Terraform
Terraform Labs Founder Do Kwon Pleads Not Guilty To US Fraud Charges
Terraform Labs co-founder and former CEO Do Kwon has pleaded not responsible to a number of fraud fees in a Manhattan federal courtroom on Thursday. This look follows his extradition….
$5 Million Reportedly Stolen Amid Terraform Labs Bankruptcy
On Wednesday, July 31, the Terra Luna chain skilled a short lived halt attributable to a suspected exploit. The Terra hack announcement, made through Terra’s official account on X (previously….
Terraform Labs Reveals Key Update On Crypto Loss Claims Voting
Terraform Labs Pte. Ltd. and Terraform Labs Restricted have issued a discover to collectors on the best way to submit claims for losses associated to cryptocurrencies of their Chapter 11….
Terraform Labs CEO Chris Amani Confirms Huge USTC, LUNC Burn
Terra Traditional neighborhood seeks methods and prepares to burn billions of USTC and LUNC sitting idle within the wallets linked to Terraform Labs (TFL). The transfer comes as TFL introduced….
Terraform Labs Has Just $75 Million In Assets, How Will It Pay the SEC $4.75 Billion?
In a serious announcement on Wednesday, Terraform Labs said that they might be paying practically $4.5 billion as a way to settle the SEC lawsuit. Nevertheless, many within the crypto….
Coinbase CLO Criticizes SEC Settlement with Kwon, Terraform
Coinbase’s Chief Authorized Officer, Paul Grewal, has criticized the Securities and Trade Fee’s (SEC) $4.47 billion settlement with Do Kwon and the now-bankrupt Terraform Labs. Grewal raised issues concerning the….
Terraform Labs Refuses to Pay $5.3 Billion Fine, Says SEC Has No Evidence
In March 2024, a New York Jury slapped fraud fees in opposition to Terraform Labs and its co-founder Do Kwon with the U.S. regulators demanding them to pay $5.3 billion….
Terraform Labs Caves In: Crypto Stablecoin Giant Files For Bankruptcy In US
In a surprising flip of occasions, the TerraUSD (UST) stablecoin venture and its creator, Terraform Labs, discover themselves grappling with Chapter 11 bankruptcy in the USA. The turmoil started with….
Terraform Labs (TFL) Files For Bankruptcy Protection, LUNA & LUNC Price Fell 5%
Terraform Labs (TFL), the corporate behind the TerraUSD (UST) stablecoin that collapsed the cryptocurrency market in 2022, has filed for Chapter 11 chapter in Delaware, United States, based on courtroom….