Terraform Labs approved for bankruptcy wind-down after US SEC settlementTerraform, which filed for bankruptcy in January, agreed to a $4.47 billion SEC settlement after a jury in Manhattan found the company liab...
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 ...
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 ...
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 ...
Terra Motors ventures into EV charging space in IndiaJapanese electric vehicle maker Terra Motors Corporation said it aims to deploy 800 to 1,000 charging points by the end of March next year ...
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.
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...
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,...
New Luna, Old Story: Terra's new token wipes out 70% wealth in less than 48 hoursThe older tokens have been renamed Luna Classic (LUNC), with a market cap of less than a billion dollars, which was more than $40 billion a...
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...
Top stablecoin Tether boosts US Treasuries holdingsStablecoins, a variety of cryptocurrencies designed to keep a steady value, are in sharp focus after crypto markets were rocked last week b...
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...
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...
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.
LUNA is now cheaper than Dogecoin! Should you bottom-fish?Terra, which was trading at $118 last month, boasting itself as the eighth largest crypto-token, was the worst of its day on Thursday when ...
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...
- Citi rejects Terra's bid to restructure EMI's debt: Report
Financial services major Citigroup has rejected UK-based private equity firm Terra Firma Capital Partners' bid to restructure music company...