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
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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 / 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...
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 / 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...
by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
A court in Montenegro has sentenced Do Kwon, the Co-Founder of Terraform Labs, to four months in jail for possessing forged passports and travel documents. Han Chong-Joon, the former Chief Financial Officer at the Singapore-based blockchain company,...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Bitcoin News / Google News Bitcoin - 1 year ago
US Judge Considers if Crashed Coins of Terraform Labs Were ...& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and E...
Bitcoin News / Bitcoinist - 1 year ago
According to a Reuters report, a U.S. judge is considering whether the digital assets created by Terraform Labs were securities in a case brought by the Securities and Exchange Commission (SEC) against the company and its founder, Do Kwon. Whether th...
Bitcoin News / Bitcoin.com - 1 year ago
A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023...
Cryptocoins News / The Cointelegraph - 1 year ago
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities. South Ko...
Cryptocoins News / The Cointelegraph - 1 year ago
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs. Terraform Labs is seeking to have a class a...
Cryptocoins News / Blockchain - 2 years ago
Shin Hyun-seong, co-founder of Terraform Labs, has been indicted along with nine other individuals for the collapse of the Terra stablecoin ecosystem. They are accused of fraud, breach of trust, and embezzlement, with illicit profits of nearly $350 m...
Cryptocoins News / Blockchain - 2 years ago
Do Kwon, CEO of Terraform Labs, has requested the dismissal of charges filed by the SEC, arguing that the claims are invalid and that the agency lacked proper jurisdiction. Kwon's counsel stated that Terra's tokens and projects were not specifically...
Bitcoin News / Bitcoin.com - 2 years ago
Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is...
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...
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...
