Terraform Labs

March 26, 2024

Terra was a ‘house of cards’ — SEC in opening statements for civil trial

Lawyers representing the United States Securities and Exchange Commission (SEC) painted a damning picture of Terraform Labs, portraying it as a fraudulent empire where investors suffered […]
January 31, 2024

Terraform Labs says bankruptcy will aid appeal of SEC suit

Terraform Labs, the company behind the now-defunct stablecoin TerraClassicUSD (USTC), has filed for Chapter 11 bankruptcy, a strategic move aimed at bolstering its legal position against […]
December 07, 2023

Terraform’s Do Kwon mounts last-ditch effort to avoid extradition: Report

Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro.   Do Kwon, co-founder of Terraform Labs, has […]
November 29, 2023

Jump Crypto filed docs confidentially in SEC v. Terraform Labs case

The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.   A U.S. federal judge […]
October 31, 2023

Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.   A recent […]
June 05, 2023

Do Kwon out on bail once again after court dismisses prosecution appeal

The Terraform Labs co-founder is out on bail after a successful appeal in Montenegro but will be closely monitored until his next court appearance.   On […]
March 23, 2023

Breaking: Terraform Labs co-founder Do Kwon reportedly arrested in Montenegro

The former blockchain executive is wanted by Interpol for his role in the $40 billion collapse of the Terra Luna ecosystem during May 2022.   According […]
March 14, 2023

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia.   It […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up