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TERRAFORM COLLAPSE
Jane Street's troubles shift from Nifty Bank to crypto. Is a bigger storm brewing?Jane Street faces a lawsuit for alleged insider trading linked to the TerraUSD and Luna collapse. The firm denies the claims, calling them ...
Crypto mogul Do Kwon sentenced to 15 years for fraudA US court sentenced cryptocurrency tycoon Do Kwon to 15 years in prison Thursday over fraud linked to his company's failure, which wiped o...
Terraform Labs founder Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapseKwon, 33, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, entered the plea at a court hearing...
Tougher Singapore crypto regulations kick inSingapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence after a series of high...
Crypto mogul Do Kwon pleads not guilty in first US court appearanceSouth Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty to charges related to defrauding investors in Terraform Labs, which col...
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 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...
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 ...
Montenegro court extends custody of crypto fugitive Do KwonA Montenegro court on Tuesday extended the custody of cryptocurrency entrepreneur Do Kwon by two months, after paving the way for his extra...
The other crypto bosses in US authorities' crosshairsOnetime crypto poster child Sam Bankman-Fried was found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-p...
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.
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.
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...
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,...
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,...
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...
Terra is working to revive LUNA. Will it revisit its old glory?The depegged stablecoin of Terra foundation, named UST, death spiralled below $0.15 from $1, wiping out more than $30 billion from the inve...
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...