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TERRA USD CASE
US SEC trial against Terraform Labs postponed to allow Do Kwon extraditionIn an order, US District Judge Jed Rakoff in Manhattan pushed back the trial to March 25 from Jan. 29, with no further delays even if Kwon ...20 Jan, 2024, 12.25 PM IST- Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated lawUS District Judge Jed Rakoff in Manhattan sided with the Securities and Exchange Commission in its case stemming from the implosion of the ...29 Dec, 2023, 07.53 AM IST
- US SEC seeks to appeal Ripple Labs crypto decisionThe SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion."11 Aug, 2023, 10.11 PM IST
- Terraform Labs must face US SEC fraud allegations, judge rulesKwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.01 Aug, 2023, 11.46 AM IST
- Bankrupt Three Arrows' liquidators seek $1.3 billion from fund's foundersThree Arrows was the first major crypto firm to go bankrupt in 2022, brought down by the collapse of cryptocurrencies Luna and TerraUSD in ...28 Jun, 2023, 01.33 AM IST
- US judge considers whether Terraform Labs' cryptocurrencies were securitiesTerraform Labs and its founder Do Kwon were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.16 Jun, 2023, 09.37 AM IST
- US, South Korea seek extradition of fugitive Terraform founder Do Kwon from MontenegroKwon's TerraUSD was marketed as a "stablecoin", which is typically pegged to stable assets such as the US dollar to prevent drastic fluctua...29 Mar, 2023, 08.02 PM IST
- Crypto founder Do Kwon indicted in US following Montenegro arrest"We also allege that they committed fraud by repeating false and misleading statements to build trust before causing devastating losses for...24 Mar, 2023, 08.16 AM IST
- RBI pitches for common approach towards crypto assets to address potential risksTo promote responsible innovation and to mitigate financial stability risks in crypto ecosystem, the report said it is vital for policymake...29 Dec, 2022, 09.16 PM IST
- Deja vu for stablecoins? This token tanks 99% post hacker attackHistory repeated itself as the Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, Acala Dollar (aUSD), lost it...16 Aug, 2022, 06.00 PM IST
- From the Big Short to the Big ScamWhy were so few willing to bet against the bubble? A large part of the answer, I would suggest, was what we might call the incredulity fact...07 Jun, 2022, 11.34 AM IST
- Terra investors in India lost big. Now they face the taxmanThere were over 160,000 investors that held Luna on the exchange on May 9 and by May 15 the number grew by 77% in India, according to Rajag...06 Jun, 2022, 07.30 AM IST
- Top cryptocurrency Prices Today: Ethereum, Solana, Polkadot, Avalanche drop up to 5%Barring stablecoins Tether and Tron, major crypto tokens were trading lower on Thursday. Avalanche tanked over 5 per cent, followed by a 4 ...26 May, 2022, 03.23 PM IST
- How a trash-talking crypto bro caused a $40 billion crashLast week, Luna and another currency that Kwon developed, TerraUSD, suffered a spectacular collapse. Their meltdowns had a domino effect on...19 May, 2022, 07.18 AM IST
- Crypto mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporatedOver $15 billion worth cryptocurrency have been lost ever since the TerraUSD stablecoin crash.16 May, 2022, 03.41 PM IST
- Top cryptocurrency prices today: Bitcoin, Ethereum, BNB recover after up to 8% plungeThe global cryptocurrency market cap rose to $1.74 trillion mark, rising 0.77 per cent over the last 24 hours. Total cryptocurrency trading...16 Mar, 2022, 10.46 AM IST
- Top cryptocurrency prices today: Solana, Ethereum, Dogecoin rally up to 10%Bitcoin is staging a comeback along with other riskier assets on Monday, bouncing back from its Black Friday lows. The brutal selloff on Fr...30 Nov, 2021, 11.06 AM IST
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