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Cryptopolitan on MSNJudge overseeing the Terraform Labs Do Kwon’s case has signaled that the GENIUS Act could potentially impact the caseIn a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case has signaled that the GENIUS Act ...
Terraform Labs and its founder Do Kwon built a "house of cards" and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, a lawyer for the ...
A court in Montenegro has issued a four-month prison sentence for Do Kwon, the founder of cryptocurrency firm Terraform Labs, and another South Korean citizen, for using forged documents.
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Terraform Labs to launch creditor claims portal next week: what’s next for LUNA price?Nonoperational blockchain firm Terraform Labs confirmed opening its crypto loss claims portal on 31 March. That comes after the company filed for insolvency in January 2024. It applied for Chapter ...
A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the US Securities and Exchange Commission that they misled ...
Key Background. Do Kwon, who was one of Forbes’ 30 Under 30 in 2019, created Terraform Labs in 2018 and released the cryptocurrency token Luna and, later in 2020, a stablecoin called TerraUSD ...
Terraform Labs said on Tuesday that its recent bankruptcy filing will enable it to pursue a "do-or-die" appeal in a securities fraud case brought by the U.S. Securities & Exchange Commission.
Lawyers for crypto company Terraform Labs said Tuesday that a newly appointed creditors' committee in its bankruptcy case is aligned with the U.S. Securities & Exchange Commission's efforts to ...
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022.
Policy. Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg. Earlier, in June 2023, the liquidators sought $1.3 billion from the founders of 3AC, Su Zhu and Kyle Davies.
Terraform Labs and former CEO Do Kwon have agreed to pay the SEC $4.5 billion in disgorgement, prejudgment interest and civil penalties. The settlement must still be approved by the New York judge ...
NEW YORK (Reuters) -Terraform Labs and its founder Do Kwon built a "house of cards" and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, a ...
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