Cryptocoins News / Blockchain - 2 years ago
Carried out by the Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation team, The staff of Embattled blockchain startup Terraform Labs have been called for questioning as part of an investigation. As by...
Bitcoin News / Bitcoin.com - 2 years ago
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8%...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins Exchanges / Binance - 2 years ago
In a rare appearance on Twitter since the incident, CEO Terraform Labs gave his statement about the tax evasion allegations. Do Kwon speaks out about the accusation that Terraform Labs evaded taxes in Korea. Previously, the Financial S...
Cryptocoins News / The Cointelegraph - 2 years ago
The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents reveal the liquidation of two South Korean offices and the dissolution of the Terraform Lab...
Cryptocoins News / Blockchain - 2 years ago
Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges against him following the Terra crash, to The Korea Times. This comes a day after LUNA and UST investors a legal complaint against D...
Cryptocoins News / Blockchain - 2 years ago
The Avalanche Foundation announced via Twitter on Friday that Terraform Labs and the Luna Foundation Guard (LFG) have purchased 3.06 million AVAX in total. The announcement came following an inquiry from members of the Avalanche Community about the...
Bitcoin News / Bitcoin.com - 2 years ago
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and c...
Bitcoin News / Bitcoinist - 2 years ago
The ongoing rigmarole with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn after a purported modification in job status for some members of the company’s legal staff. The internal legal team at Terraform Labs resigned...
Cryptocoins News / The Cointelegraph - 2 years ago
The ongoing saga with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn following a supposed change in employment status for many on the firm’s legal team.According to their LinkedIn profiles, Terraform Labs general counsel Ma...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard (LFG) 10 million LUNA, worth around $820 million at current prices. LFG is a nonprofit organization attached to Terra tasked with collateralizing the network’s algor...
Bitcoin News / Bitcoin.com - 2 years ago
Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 bill...
Cryptocoins News / The Cointelegraph - 2 years ago
On Friday, Do Kwon, founder and CEO of Terraform Labs, which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA, or $1.1 billion at the time of publicati...
Bitcoin News / Bitcoin.com - 2 years ago
A recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second wee...
Bitcoin News / Bitcoin.com - 3 years ago
The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with...
Bitcoin News / Bitcoin.com - 3 years ago
Do Kwon, co-founder and CEO of Terraform Labs, the company that backs the Terra blockchain ecosystem, is suing the U.S. Securities and Exchange Commission (SEC). Kwon, who was served a subpoena while appearing at Messari’s Mainnet conference a...
