Terraform Labs co-founder Do Kwon to miss start of US SEC fraud trialIn a letter filed in federal court in Manhattan, Do Kwon's lawyer David Patton said Kwon will not seek to adjourn the trial date, regardles...
27 Feb, 2024, 08.55 AM IST
Terraform Labs files for bankruptcy protection in USSingapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 ...
22 Jan, 2024, 08.31 AM IST
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
Crypto fugitive Do Kwon sentenced to 4 months in prison for passport forgeryDo Kwon, the co-founder of Terraform Labs, and his aide have been sentenced to four months in prison by a Montenegro court on charges of us...
21 Jun, 2023, 12.59 PM 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
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
Interpol issues red notice for crypto firm Terraform founder Do KwonTerraUSD, also known as "stablecoin," and its digital coin counterpart, Luna, traded in the 10 cent-range and nearly at zero, respectively,...
26 Sep, 2022, 11.19 AM IST
South Korea prosecutors raid crypto exchanges, offices for Luna investigationInvestors have made fraud accusations against Korean developers Do Kwon and Daniel Shin, co-founders of blockchain platform Terraform Labs,...
21 Jul, 2022, 08.27 AM IST
Crypto hedge fund Three Arrows Capital considers asset sales, bailoutThe ten-year-old hedge fund Three Arrows Capital, founded by Su Zhu and Kyle Davies, has hired legal and financial advisers to help it work...
17 Jun, 2022, 08.00 PM IST
‘No future:’ Analysts weigh in on new Luna token’s prospectsLuna 2.0 emerged out of the ashes of crypto entrepreneur Do Kwon’s ecosystem, which collapsed after the TerraUSD algorithmic stablecoin at ...
10 Jun, 2022, 05.18 PM IST
TerraUSD developers vote to create new blockchain without failed stablecoinTerra backers will distribute the new Luna token to Luna Classic and UST holders. In a tweet, Terra said that it would work with crypto exc...
26 May, 2022, 02.46 PM IST
Regulators must put up guardrails to protect crypto investors: IMF officialThe shocking implosion of the TerraUSD stablecoin and Luna cryptocurrencies last week threw many young investors into a panic.
24 May, 2022, 04.32 PM IST
Crypto-loving South Koreans bet on Luna rising from ashes, worrying regulatorAs the sudden resurgence of buying crossed its radar, South Korea's Financial Services Commission warned people on Tuesday against investin...
19 May, 2022, 02.21 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
Cryptoverse: 10 billion reasons bitcoin could become a reserve currencySeoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth $1.7 billion in a series of purchases via a non-profit affiliate...
12 Apr, 2022, 12.07 PM IST