Cryptocoins News / The Cointelegraph - 2 years ago
The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra....
Cryptocoins News / Blockchain - 2 years ago
A South Korean court dismissed charges of security violations against former Terraform Labs CEO Hyun-seong Shin, ruling that LUNA is not a security under the country's Capital Markets Act. The court rejected the prosecution's appeal for confiscation...
Bitcoin News / Google News Bitcoin - 2 years ago
Cryptocurrencies Price Prediction: Bitcoin,Ripple & Terra– American Wrap 24 April& & FXStreet
Bitcoin News / Bitcoin.com - 2 years ago
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financia...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: The Terra Classic cryptocurrency created by Do Kwon does not classify as a security, a South Korean District Court ruled in February after a similar ruling back in November last year.South Korean prosecutors requested a judgment from th...
Cryptocoins News / The Cointelegraph - 2 years ago
The court says that It is difficult to see the Luna token as a financial investment product regulated by the Capital Markets Act. A South Korean district court has di...
by COINS NEWS - 2 years ago
submitted by /u/MaRKOO221 [link] [comments]
Cryptocoins News / Blockchain - 2 years ago
Do Kwon, co-founder of Terraform Labs, has defended himself against allegations of fraud from the US Securities and Exchange Commission (SEC). Kwon’s lawyers have requested the dismissal of the lawsuit, claiming that the SEC's allegations are unfound...
Cryptocoins News / Blockchain - 2 years ago
Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not...
Cryptocoins News / Blockchain - 2 years ago
The Prosecutor’s Office of the State of Podgorica has indicted former Terraform Labs co-founder Do Kwon for allegedly forging legal documents. Kwon was arrested in March after allegedly attempting to board a flight to Dubai with fake documents. Han C...
Bitcoin News / Bitcoin.com - 2 years ago
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO of Terraform Labs. The decision to indict Kwon is likely to delay attempts to extradite him to South Korea and the U...
by COINS NEWS - 2 years ago
submitted by /u/FattestLion [link] [comments]
by COINS NEWS - 2 years ago
While Terraforms’ Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea. Prosecutors in Mo...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Do Kwon’s attempt to stop the SEC from accessing Terraform documents was squashed by a U.S. judge on Friday.The SEC contacted Singapore’s Monetary Authority regarding documents linked to Kwon, Terraform Labs, and the Luna Foundation Gua...
by COINS NEWS - 2 years ago
submitted by /u/nebula21399 [link] [comments]
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Terraform Labs founder Do Kwon retained a South Korean law firm shortly before his crypto company collapsed in May.Kwon paid local firm Kim & Chang $9 billion won ($7 million) leading up to Terra’s astronomical crash, Bloomberg and...
by COINS NEWS - 2 years ago
submitted by /u/ProudBitcoiner [link] [comments]
Cryptocoins News / Blockchain - 2 years ago
South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent $7 billion to a top South Korean law firm, Kim & Chang, right before the collapse of the Terra ecosystem. The prosecutors believe that Kwon's decision to send the funds was...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Hovers Around $30,000 As Ecoterra Rallies To Above $470,000& & Outlook India
Bitcoin News / Bitcoin.com - 2 years ago
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-...
Cryptocoins News / Blockchain - 2 years ago
Terraform Labs CEO, Do Kwon, sent millions to a South Korean law firm right before the company's collapse. Prosecutors believe Kwon's actions were deliberate and prove his awareness of the impending collapse and anticipated legal problems. Kwon is cu...
by COINS NEWS - 2 years ago
submitted by /u/fap_fap_fap_fapper [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case. South Korean prosecut...
Cryptocoins News / The Cointelegraph - 2 years ago
Flatcoins need to provide a more stable and decentralized alternative to traditional currencies — otherwise, they’re nothing but investment vehicles. The post-COVID-19...
Bitcoin News / Google News Bitcoin - 2 years ago
Latest Crypto News: Terraport Suffers $2 Million Breach, Bitcoin Crosses $30K After June 2022& & Outlook India
