Bitcoin News / Bitcoinist - 2 years ago
Securing Funding For Lawyers? Terra’s Do Kwon Sells More Bitcoin
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Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Google News Bitcoin - 2 years ago
Terra Founder Do Kwon Sells More LFG-Linked Bitcoin As SEC Lawsuit Moves Ahead& & CoinGape
Bitcoin News / Bitcoinist - 2 years ago
Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1.14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research....
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
In a major development on July 31, U.S. Judge Jed Rakeoff of the Southern District of New York has rejected Terraform’s motion to dismiss the fraud charges levied against the company by the United States Securities and Exchange Commission. While rul...
Cryptocoins News / The Cointelegraph - 2 years ago
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision in the Securities and Exchange’s case against Ripple. A United St...
Cryptocoins News / Blockchain - 2 years ago
OPNX has announced the imminent launch of the FatManTerra Justice Token. This move comes in response to the commencement of legal proceedings against FatManTerra by several parties. (Read More)
Bitcoin News / Bitcoinist - 2 years ago
The controversial founders of now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC), Zhu Su and Kyle Davies, have announced the launch of a new ‘Justice’ token, targeted specifically at the whistleblower who outed Terraform Labs. This co...
Cryptocoins News / EthereumWorldNews - 2 years ago
Open Exchange (OPNX) has announced the launch of FatManTerra Justice Tokens aimed at the namesake Terra whistleblower.& Justice Tokens are ERC-20 tokens that will be used to compensate those harmed by defamation in the crypto space.& Open Ex...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets....
by COINS NEWS - 2 years ago
Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces to separate the operations of Terraform Labs from Do Kwon’s personal affairs. Terraform Labs...
Bitcoin News / Bitcoinist - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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 - 2 years 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...
by COINS NEWS - 2 years ago
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