Cryptocoins News / The Cointelegraph - 1 year ago
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. A federal judge has accepted materials...
Cryptocoins News / Finance Magnates - 1 year ago
The High Court of Montenegro has denied Terraform Labs Founder's appeal, Do Kwon, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon's plight as he faces potential extradition following the completion of...
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
In a recent development, Terraform Labs has completed the acquisition of Pulsar Finance, a firm specializing in cross-chain analytics and portfolio management. The acquisition occurs as Terraform’s former CEO Do Kwon remains incarcerated in Mon...
Bitcoin News / Bitcoin.com - 1 year ago
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its own...
Cryptocoins News / The Cointelegraph - 1 year ago
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securi...
Cryptocoins News / Blockchain - 1 year ago
Terraform Labs and co-founder Do Kwon are defending against fraud and securities allegations by the U.S. SEC, arguing their cryptocurrencies are not securities, amidst a wider legal battle between crypto firms and regulators following the Terra ecosy...
Bitcoin News / Bitcoin.com - 1 year ago
In the latest legal maneuver, Terraform Labs and its former CEO Do Hyeong Kwon (Do Kwon) have submitted a comprehensive Motion for Summary Judgment, seeking an immediate dismissal of the fraud charges levied against them by the U.S. Securities and Ex...
Cryptocoins News / The Cointelegraph - 1 year ago
Do Kwon, the co-founder of the now-collapsed Terra ecosystem, maintains he and his firm did not skirt U.S. securities laws. Terraform Labs co-founder Do Kwon has reque...
Cryptocoins News / The Cointelegraph - 1 year ago
The order was unclear as to the nature of the documents under subpoena but stated Genesis had failed to provide the information by Oct. 9. A United States judge has ap...
Bitcoin News / Bitcoinist - 1 year ago
In a bid to defend itself against the “complex cryptocurrency action” brought against it by the US Securities and Exchange Commission (SEC), Terraform Labs has once again filed a motion against Citadel Securities, asking the court to compel the marke...
Cryptocoins News / Blockchain - 1 year ago
Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. Th...
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Terraform Labs has urged the judge to grant its motion to compel trading data from Citadel Securities, which it says had a hand in the collapse of USTC in May 2022. Do...
Cryptocoins News / The Cointelegraph - 1 year ago
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. SEC and Do Kwon possibly nearing the end of his sentence in Montenegro. A group of invest...
by COINS NEWS - 1 year ago
submitted by /u/Charon751 [link] [comments]
Cryptocoins News / Finance Magnates - 1 year ago
Terraform Labs' Founder, Do Kwon, has opposed attempts by the US Securities and Exchange Commission (SEC) to extradite him for questioning regarding the collapse of Terra LUNA and the stablecoin TerraUSD. Kwon's defiance became evident with a recent...
Cryptocoins News / Blockchain - 1 year ago
The SEC has filed a motion in the United States District Court for the Southern District of New York against Terraform Labs and Do Hyeong Kwon. The commission is seeking the court's permission to notice a deposition from Kwon or to preclude the defen...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission (SEC) has doubled its investigation efforts on Terraform Labs by teaming up with the South Korean government to gather more evidence into Terraform Labs’ operations. SEC And South Korea Agai...
Cryptocoins News / Blockchain - 1 year ago
The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform....
Cryptocoins News / The Cointelegraph - 1 year ago
The Securities and Exchange Commission wants to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs. The United States Securities a...
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year 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 - 1 year ago
submitted by /u/Odd-Radio-8500 [link] [comments]
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...
