I n a significant development, Terraform Labs agreed to a civil settlement of $4.47 Billion with the Securities and Exchange Commission after being found guilty of defrauding cryptocurrency ...

Terraform Labs, the firm behind the collapsed Luna token and the TerraUSD stablecoin, will open a portal on March 31 to allow investors to file claims for crypto losses tied to the company’s ...

Victims seeking compensation must access the online portal to fill out an application and complete steps such as email verification and Google one-time password setup. During the claims process, ...

Mashinsky's downfall mirrors the fate of other once-dominant crypto executives like FTX founder Sam Bankman-Fried, Binance's Changpeng Zhao and Do Kwon of Terraform Labs. Once celebrated as a ...

(Reuters) - Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission lawsuit accusing the ...

April 9, 2025 White & Case loses bid for $430K fee in Terraform Labs bankruptcy A U.S. bankruptcy judge on Wednesday rejected White & Case's $430,000 bill for less than two weeks' work in the ...