In response to a staggering $4.47 billion settlement with the US Securities and Exchange Commission (SEC), Terraform Labs has announced its decision to dissolve operations. Chris Amani, CEO of Terraform…
In response to the United States Securities and Exchange Commission's (SEC) motion seeking $5.3 billion in disgorgement and civil penalties against Terraform Labs and its co-founder Do Kwon, lawyers representing…
The extradition of Terra founder Do Kwon from Montenegro to South Korea has been temporarily suspended by Montenegro's Supreme Court. The decision, issued on Friday, overturns previous rulings from lower…
In a determined effort, the United States government is actively pursuing the extradition of Terraform Labs co-founder Do Kwon to his home nation, South Korea, despite a Montenegrin court's recent…
Do Kwon, the co-founder of Terraform Labs and the figure at the center of the TerraUSD (UST) stablecoin collapse in May 2022, is set to face charges in South Korea…
Terraform Labs Pte. Ltd., the company behind the algorithmic stablecoin TerraUSD and Luna, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on January…
Terraform Labs founder Do Kwon has asked a United States federal court through his lawyers to reject the Securities and Exchange Commission's (SEC) appeal to question him. Kwon is serving…
In the latest development in the ongoing legal saga surrounding Terraform Labs co-founder Do Kwon, the Podgorica district court in Montenegro has dismissed an appeal by the State Prosecutor's office against…
Montenegro prosecutors have filed an appeal against a local court decision to grant bail to Kwon Do-hyeong, the CEO of Terraform Labs, and his associate Han Chang-joon. The two individuals…
In a recent development, the Montenegrin court has granted approval to the proposed bail terms put forth by the legal team representing Do Kwon, the founder of Terra Luna. Kwon…