Terraform Labs has launched an official claims portal for victims of the TerraUSD (UST) collapse, enabling creditors to seek compensation for their crypto losses linked to the failed Terra ecosystem.

Authorities say investors worldwide were harmed by the $40 billion crash of Terraform Labs’ cryptocurrency. The May 2022 collapse came despite the company’s claim that TerraUSD was a “stablecoin” that ...

PODGORICA, Dec 31 (Reuters) - Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the ...

Terraform Labs plans to shut down several services by Oct. 30 unless third parties step in, following a wind-down after its SEC settlement in June. Terraform Labs will shut down a number of products ...

Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the TerraUSD cryptocurrency and how ...

(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 company ...

The Securities and Exchange Commission or SEC has set a new record in financial penalties, with a significant portion resulting from a settlement with Terraform Labs. What Happened: The regulator has ...

Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of crypto investments, The Guardian reported. Kwon's story is a wild one ...

The administrator winding down what remains of Terraform Labs says Dentons, Terraform’s former law firm, is obstructing efforts to investigate its role in the crypto company’s collapse until a ...

Do Kwon, co-founder of disgraced Terraform Labs, will face trial in a year’s time for his alleged role in the $40 billion criminal fraud case involving the collapse of Terra Classic LUNC/USD and ...