2023-2-18 00:30 |
The SEC complaint included allegations around claims of TerraUSD’s peg, Terra’s relationship to Chai, and co-founder Do Kwon cashing out for millions. origin »
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A Manhattan hearing today saw Terraform Labs co-founder, Do Kwon, deny charges tied to the TerraUSD collapse. Do Kwon, the co-founder the co-founder of Terraform Labs, pleaded not guilty to criminal fraud charges in a Manhattan federal court on Thursday…
Defunct cryptocurrency hedge fund Three Arrows Capital's (3AC) liquidators have sued Terraform Labs for $1.3 billion, for losses the fund suffered following the 2022 crash, Bloomberg reported on Monday.
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024.
Montenegro's Appeals Court overturns the extradition of Do Kwon to the US, citing procedural violations and ordering a new review.
The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters.
The Montenegro Court has reportedly canceled the extradition approval for Terraform Labs co-founder Do Kwon, leading some community members to allege corruption. The post Community Alleges Corruption as Montenegro Court Revokes Do Kwon’s Extradition appeared first on BeInCrypto.
The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.