Bankrupt crypto firm Terraform Labs faces its Chapter 11 bankruptcy reorganization hearing on Sept. 19. The outcome of the hearing will play a crucial role in determining the company’s future.

PODGORICA, Dec 31 (Reuters) - Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the ...

Terraform Labs plans to shut down several services by Oct. 30 unless third parties step in, following a wind-down after its SEC settlement in June. Terraform Labs will shut down a number of products ...

The U.S. Securities and Exchange Commission (SEC) hit cryptocurrency entities with record fines in 2024, highlighting the growing financial risk for companies that fail to comply with regulatory ...

Terraform Labs will open its Crypto Loss Claims Portal for creditors to submit claims. Certain assets, including Luna 2.0 holdings and tokens with under $100 in on-chain liquidity, are ineligible.

Montenegrin police officers of the PJP (Special Police Unit) escort South Korean cryptocurrency entrepreneur Do Kwon (C) at the exit of a court in Podgorica, Montenegro, on March 23, 2024. A ...

(Reuters) - Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission lawsuit accusing the company ...

SARAJEVO (Reuters) -Montenegrin Justice Minister Bojan Bozovic has ordered the extradition of Terraform Labs co-founder Do Kwon, also wanted by South Korea, to the United States, the ministry said on ...

The Securities and Exchange Commission or SEC has set a new record in financial penalties, with a significant portion resulting from a settlement with Terraform Labs. What Happened: The regulator has ...

The Securities Exchange Commission (SEC) obtained orders for $8.2 billion in remedies for the 2024 fiscal year, a record high ...

Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, where he faces charges of having deceived investors about the stability of the TerraUSD cryptocurrency and how ...

Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of crypto investments, The Guardian reported. Kwon's story is a wild one ...