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Lawyers for crypto company Terraform Labs said Tuesday that a newly appointed creditors' committee in its bankruptcy case is aligned with the U.S. Securities & Exchange Commission's efforts to ...
Terraform Labs and its founder Do Kwon built a "house of cards" and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, a lawyer for the ...
Terraform Labs said on Tuesday that its recent bankruptcy filing will enable it to pursue a "do-or-die" appeal in a securities fraud case brought by the U.S. Securities & Exchange Commission.
Nonoperational blockchain firm Terraform Labs confirmed opening its crypto loss claims portal on 31 March. That comes after the company filed for insolvency in January 2024. It applied for Chapter ...
A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the US Securities and Exchange Commission that they misled ...
Policy. Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg. Earlier, in June 2023, the liquidators sought $1.3 billion from the founders of 3AC, Su Zhu and Kyle Davies.
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022.
A court in Montenegro has issued a four-month prison sentence for Do Kwon, the founder of cryptocurrency firm Terraform Labs, and another South Korean citizen, for using forged documents.
NEW YORK (Reuters) -Terraform Labs and its founder Do Kwon built a "house of cards" and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, a ...
Terraform Labs was a blockchain firm that crumbled in May 2022 after its algorithmic stablecoin TerraUSD and its sister token LUNA collapsed, eradicating more than $40 billion in crypto market cap.
Terraform Labs, the company behind failed stablecoin TerraUSD, has filed for bankruptcy as it faces lawsuits from the Securities and Exchange Commission (SEC) and in Singapore. The Singapore-based ...
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