Terraform Labs and Do Kwon Settle with the SEC (for $4.5 Billion USD!)
TL;DRYesterday, Terraform Labs and its former CEO, Do Kwon, agreed to settle their SEC fraud case…for $4.5 billion.Full StoryYesterday, Terraform ...
Tag: Terraform
SEC Case Against Terraform and Do Kwon Approaches Settlement
Terraform Labs and its former CEO, Do Kwon, are on the point of resolving a fraud case with the US Securities ...
Singapore Revisits Terraform Labs' Collapse, Clarifies Licensing Irregularities
Singapore has disowned the collapsed cryptocurrency undertaking Terraform Labs, saying the platform was not performing actions requiring a license from ...
Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud
Following a nine-day trial, a jury discovered Terraform Labs and its co-founder Do Kwon responsible for defrauding buyers who misplaced ...
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports
Jurors agreed with the SEC that Kwon and, below his route, Terraform Labs deceived on a regular basis traders in ...
Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
Throughout her closing arguments on Friday, SEC lawyer Laura Meehan advised the jury that in a previous de-peg in Could ...
Trial against Terraform Labs and Do Kwon to begin in NYC in Kwon’s absence
The trial towards Terraform Labs and Do Kwon begins in NYC post-prison launch. SEC accuses Kwon of fraud over TerraUSD ...
Terraform Labs’ Do Kwon to be extradited to US after court ruling
Excessive Courtroom in Montenegro has dominated to permit Terraform Labs’ Do Kwon to be extradited to the US. Kwon faces ...
Terraform Labs’ Former CFO Extradited to South Korea
After months of deliberation, Montenegrin authorities have extradited Han Chang-joon, Terraform Lab's Former Chief Monetary Officer, to South Korea, in ...
Terraform Labs Files for Bankruptcy Protection in the US
Terraform Labs, the corporate as soon as recognized for its algorithmic stablecoin TerraUSD (UST), has filed for Chapter 11 chapter ...