Bitcoin News / Bitcoinist - 1 year ago
Terraform’s recently appointed CEO, Chris Amani, embraces the possibility of Do Kwon’s return to the company, recognizing the colossal undertaking he faces in rejuvenating the failed stablecoin Terra (UST).
In a recent candid session via ...
Bitcoin News / Bitcoin.com - 1 year ago
Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleagu...
Cryptocoins News / The Cointelegraph - 1 year ago
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022. Terraform Labs is seeking...
Bitcoin News / Bitcoinist - 1 year ago
Terraform Labs (TFL), the developer of the failed Terra blockchain, has filed a court motion requesting permission to subpoena bankrupt cryptocurrency exchange FTX for relevant documents that it can use to defend itself against an ongoing case brough...
Cryptocoins News / EthereumWorldNews - 1 year ago
Terra and Do Kwon’s legal team argued that the recent ruling in the case of US SEC v. Ripple Labs directly impacts their motion to dismiss.The SEC sued Do Kwon and his company for selling unregistered securities namely UST, LUNA, wLUNA, and MI...
Cryptocoins News / The Cointelegraph - 1 year ago
Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months. As the co-founder of Terraform Labs, Do Kwon, is facing possible...
Cryptocoins News / EthereumWorldNews - 1 year ago
Terraform Labs has appointed a new CEO while co-founder Do Kwon serves a prison sentence in Montenegro.& Former CFO and COO Chris Amani has been tapped to serve as the defunct crypto firm’s new CEO.& Amani took over Do Kwon’s role after he d...
Bitcoin News / Bitcoinist - 1 year ago
The native token of the Terra blockchain, LUNA, has been making significant progress despite not having the most impressive numbers on the charts. Recent gains can be seen as a commendable achievement, particularly considering the network’s cha...
Cryptocoins News / The Cointelegraph - 1 year ago
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin’s trial preparations in South Korea are reportedly underway. Terraform Labs co-found...
Bitcoin News / Bitcoinist - 1 year ago
Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees.
However, Shin, who st...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Co-Founder of Terraform Labs Daniel Shin needs more time to mount his defense, lawyers told a Seoul Court on Monday.Shin’s April indictment alleges that the former Terra exec and seven other former company employees broke South Korea’s...
Bitcoin News / Google News Bitcoin - 1 year ago
Terra Founder Do Kwon’s $163 Million Bitcoin Withdrawal Raises Eyebrows; Here’s the Whole Truth& & Coinpedia Fintech News
Bitcoin News / Bitcoinist - 1 year ago
The Terra Luna Classic community-supported core developer group, known as the Joint L1 Task Force (L1TF), has recently introduced a bug bounty program. This program aims to encourage security researchers, ethical hackers, and developers to actively p...
Bitcoin News / Bitcoinist - 1 year ago
The Hong Kong Virtual Asset Consortium (HKVAC), a prominent rating agency based, has announced its plans to evaluate the inclusion of Terra Luna Classic (LUNC) in its digital asset index.
Just recently, the HKVAC Rating Agency unveiled its latest ind...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were c...
Bitcoin News / Bitcoin.com - 1 year ago
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known a...
Bitcoin News / Bitcoinist - 1 year ago
Swiss prosecutors have taken possession of approximately $26 million worth of crypto assets and US dollars belonging to Do Kwon, the imprisoned co-founder of Terraform Labs (TFL).
Now, the New York Federal Prosecutors Office and the United States Sec...
Bitcoin News / Bitcoinist - 1 year ago
Terra Classic recently unveiled a joint governance proposal centered around liquid staking derivatives. Building upon the momentum generated by this innovative initiative, another team has emerged with an ambitious proposal to bolster the platform...
Cryptocoins News / The Cointelegraph - 1 year ago
The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders....