Bitcoin News / Google News Bitcoin - 2 years ago
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities – Bitcoin News& & Bitcoin News
Bitcoin News / Google News Bitcoin - 2 years ago
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transac...
Bitcoin News / Bitcoin.com - 2 years ago
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction d...
by COINS NEWS - 2 years ago
tldr; South Korea's Southern District Prosecutors raided Terraform Labs co-founder Daniel Shin’s home to investigate possible illegal activities. Authorities are probing whether founder Do Kwon manipulated the price of TerraUSD and whether he is gui...
by COINS NEWS - 2 years ago
TLDR: Prosecutors Office raided Bithumb, Upbit, Coinone, and four other exchanges on Wednesday. The investigation team began seizing transaction records and other materials from the crypto companies at around 5:30 pm. Besides major exchanges, eight...
Bitcoin News / Bitcoinist - 2 years ago
The South Korean cryptocurrency ecosystem is still experiencing issues because of the Terraform Labs probe. According to reports, the nation’s authorities advanced the probe on Wednesday with their most recent actions. The investigation into th...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs employees are reportedly unable to leave South Korea due to the country’s prosecutors imposing a departure ban on key developers of the project.On Monday, Korean media outlet JTBC reported that an investigation team from the Seoul Sout...
Bitcoin News / Bitcoin.com - 2 years ago
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by...
by COINS NEWS - 2 years ago
Do Kwon, the "heartbroken" co-creator of Terra, headlines a raft of defendants named in a class-action suit filed Friday in U.S. District Court in Northern California. Plaintiff Nick Patterson is alleging, among other accusations, th...
Bitcoin News / Bitcoinist - 2 years ago
The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to t...
Cryptocoins News / Blockchain - 2 years ago
The 2nd US Circuit Court of Appeals has that compels blockchain startup Terraform Labs, and its co-founder Do Kwon into complying with a September 2021 Subpoena served him at a New York Conference. Against initial perception, the subpoena is unrel...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities an...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities.The latest investigation revolves around the alleged embezzlement of Bitcoin (BTC) from the company’...
Bitcoin News / Bitcoinist - 2 years ago
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by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects a...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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