Cryptocoins News / CoinJournal - 1 year ago
Astroport (ASTRO) price nosedived 60% after Terra blockchain announced a network halt. The halt followed an exploit on Terra blockchain that saw 60 million ASTRO, 3.5 million USDC and 2.7 BTC stolen. ASTRO price is currently at $0.02 after falling f...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
The United States Bankruptcy Court for the District of Delaware has announced that stakeholders of Terraform Labs Pte. Ltd. (TFL) and Terraform Labs Limited (TLL) are required to submit their preliminary Crypto Loss Proofs of Claim by August 21, 2024...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development in Terraform Labs’ (TFL) ongoing bankruptcy proceedings, a recent court order has authorized several key actions for the troubled crypto company. Terraform Labs, which was found liable for defrauding investors and...
by COINS NEWS - 1 year ago
Hey everyone, I've been hearing some rumors and FUD about Kaspa possibly crashing like Terra Luna did. Personally, I don't think that's likely, but I'm curious about what could potentially cause such a scenario. What are the key fact...
Bitcoin News / Bitcoinist - 1 year ago
While the extradition of Do Kwon has not yet been decided in Montenegro, the spouse of Terraform Labs founder, Ms. Lee scored a major legal victory against the South Korean state. The court ruled that certain real estate shares and officetel subscrip...
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform L...
Bitcoin News / Bitcoinist - 1 year ago
In the ongoing high-stakes legal battle between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the fintech company has submitted a significant notice of supplemental authority to the Southern District of New York. This recent f...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple Labs is leveraging the recent settlement of the Securities and Exchange Commission (SEC) with Terraform Labs to lower the proposed nearly $2 billion penalty against it to $10 million, a “notice of supplemental authority” posted yesterday (Thur...
Bitcoin News / Bitcoinist - 1 year ago
Terraform Labs (TFL), the blockchain company at the center of a protracted legal battle with the US Securities and Exchange Commission (SEC), has decided to dissolve its operations following a landmark settlement agreement. The settlement, amounting...
Cryptocoins News / CoinJournal - 1 year ago
Current CEO Chris Amani announced that Terraform Labs will wind down. Terraform Labs will sell its remaining assets to various digital asset management firms. More information about Terraform Labs’ dissolution and the distribution of its asset...
Bitcoin News / Bitcoin.com - 1 year ago
Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve. Terraform Labs Set to Close Doors Post-SEC Settleme...
Bitcoin News / Google News Bitcoin - 1 year ago
Terraform Labs to Dissolve After SEC Settlement, CEO Announces – Bitcoin News& & Bitcoin.com News
Cryptocoins News / Finance Magnates - 1 year ago
Terraform Labs and its former CEO, Do Kwon, have agreed to pay about $4.5 billion in recovery and civil penalties to the Securities and Exchange Commission (SEC), thus striking a settlement agreement with the US regulator, according to a court filing...
by COINS NEWS - 1 year ago
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Cryptocoins News / CoinJournal - 1 year ago
Terraform Labs is to pay $4.47 billion to settle with the US Securities and Exchange Commission (SEC). The SEC sued Terraform Labs and its former CEO Do Kwon after the firm’s collapse in 2022. Terraform Labs has agreed to a $4.47 billion sett...
Bitcoin News / Bitcoinist - 1 year ago
Terraform Labs, the company at the center of a significant collapse in 2022, has agreed to pay a substantial settlement of $4.47 billion to resolve a civil lawsuit filed by the US Securities and Exchange Commission (SEC). This legal action was under...
Bitcoin News / Bitcoinist - 1 year ago
Singapore-based Terraform Labs and its founder, Do Kwon, have reached a “tentative settlement” with the US Securities and Exchange Commission (SEC) in a high-profile civil fraud case, as reported by Reuters. SEC Scores Victory The SEC...
Cryptocoins News / Finance Magnates - 1 year ago
Terraform Labs and its Founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following allegations of fraud surrounding the collapse of the stablecoin TerraUSD, Reuters reported. The agreement, disclosed on...
Bitcoin News / Bitcoin.com - 1 year ago
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terr...
Bitcoin News / Bitcoinist - 1 year ago
Genuine Labs, a Terra Classic developer group, recently announced that it had submitted a proposed upgrade to the Terra blockchain for governance voting. If passed, this upgrade could positively impact the Terra ecosystem, including Terra Classic’s (...
Bitcoin News / Bitcoinist - 1 year ago
The Terra community isn’t relenting in its efforts to revive the LUNC and USTC tokens and take them back to their old glory days. This time, the community has proposed a proposal to ensure that the Luna Classic’s (LUNC) circulating supply data is wel...
