Terraform

After months of deliberation, Montenegrin authorities have extradited Han Chang-joon, Terraform Lab's Former Chief Finance Officer, to South Korea, according to a notice by the Government of Montenegro. This move occurred as the US and…

In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with Chapter 11 bankruptcy in the United States. The turmoil began with the disastrous depegging of UST…

© Reuters. FILE PHOTO: Do Kwon, the cryptocurrency entrepreneur, who created the failed Terra (UST) stablecoin, is taken to court in handcuffs, to face charges of forging official documents, in Podgorica, Montenegro, March 24, 2023.…

In a recent ruling by US District Judge Jed Rakoff, the US Securities and Exchange Commission (SEC) emerged victorious in the Terraform Labs case, causing concern and unease within the cryptocurrency community over the…

The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days.  A federal…

The High Court of Montenegro has denied Terraform Labs Founder Do Kwon's appeal, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon's plight as he faces potential extradition following the…

Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they did anything wrong.In an Oct. 27 filing to a…

In the latest twist, Terraform Labs, a defunct crypto network, is accusing Citadel Securities of participating in intentional efforts to destabilize its stablecoin TerraUSD classic (USTC) in 2022, eventually leading to its…

In a bid to defend itself against the “complex cryptocurrency action” brought against it by the US Securities and Exchange Commission (SEC), Terraform Labs has once again filed a motion against Citadel Securities, asking the court to…

The United States Securities and Exchange Commission (SEC) has doubled its investigation efforts on Terraform Labs by teaming up with the South Korean government to gather more evidence into Terraform Labs’ operations.  SEC And South Korea…