2023-10-19 11:53 |
Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world. origin »
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Terraform Labs, founded by Do Kwon, has once again accused Citadel Securities of deliberately causing the depegging of its TerraUSD (UST) stablecoin in 2022. On Oct. 10, the company filed a motion in the United States District Court for the…
2023-10-13 14:23 | |
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The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects.
2023-9-28 20:50 | |
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Do Kwon was arrested in March as he tried to board a flight to Dubai. The Terraform Labs CEO is wanted in South Korea and in the US on charges related to the collapse of TerraUSD and Terra LUNA. Kwon was sentenced together with Han Chang-joon, the former CEO of South Korea-based payments app Chai.
2023-6-20 19:20 | |
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According to the U.S. SEC, Do Kwon allegedly hid Jump Trading's $1.2 billion role in propping up TerraUSD in 2021. The post Do Kwon Failed to Reveal $1 Billion Deal With Jump Trading, Says SEC appeared first on BeInCrypto.
2023-5-16 15:45 | |
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Kwon’s lawyers claimed the SEC failed to prove he defrauded U.S. investors in connection with the $40 billion collapse of Terra’s TerraUSD and LUNA.
2023-4-23 09:02 | |
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Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before the collapse of the TerraUSD algorithmic stablecoin and Luna token. While…
2023-4-17 16:08 | |
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Coinspeaker South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse.
2023-4-17 14:03 | |
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FBI and SDNY are probing the collapse of Terra's algo-stablecoin - UST The agencies investigation is on similar lines as that of the SEC, which charged Do Kwon for committing securities fraud The post US Justice Department is reportedly investigating TerraUSD (UST) collapse appeared first on AMBCrypto.
2023-3-14 01:25 | |
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The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
2023-3-14 01:18 | |
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The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important.
2023-2-24 02:40 | |
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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.
2023-2-18 00:30 | |
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Jump Crypto is reportedly the unidentified US trading firm” the SEC says helped re-peg TerraUSD in 2021. Terraform Labs and its CEO Do Kwon misrepresented the human effort as a software algorithm.
2023-2-18 22:21 | |
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TerraUSD was a more overt and calculated fraud than was previously known – and Do Kwon is still cashing out, at size.
2023-2-18 19:17 | |
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The collapse of TerraUSD last year led to wave of bankruptcies in the crypto industry.
2023-2-17 00:57 | |
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2022-12-9 16:05 | |
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Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives.
2022-11-30 11:12 | |
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Do Kwon and others involved in the TerraUSD project are facing a $57 million class action suit from aggrieved investors. Terra Lawsuit Alleges Fraud Do Kwon and associates are facing...
2022-10-29 01:18 | |
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The collapse of Terra (LUNA/USD) and its TerraUSD stablecoin project continues to feature in the latest crypto news nearly four months since the event (a $45 billion project just flushed down the drain) impacted millions of investors.
2022-9-19 15:15 | |
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While several inquests have been carried out into de-pegging TerraUSD (UST) from the U.S dollar, the project’s founder believes that a mole might be responsible for triggering the chain reaction.
2022-8-25 18:45 | |
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Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin. The post Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets appeared first on CryptoSlate.
2022-6-14 07:00 | |
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In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 million worth of LUNA (now called Luna Classic) and TerraUSD every month in the lead-up to the collapse of the Terra ecosystem in May.
2022-6-11 22:44 | |
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Amid the uproar caused by TerraUSD (UST) de-pegging, the project’s co-founder Do Kwon appears to have nerves of steel as he remains unfazed by all the chaos.
2022-5-26 19:29 | |
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Do Kwon’s co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of them have questioned the effectiveness of a hard fork in reviving the fallen price of Terra (LUNA) and TerraUSD (UST) tokens.
2022-5-24 16:00 | |
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After the horrific events of the last week following TerraUSD’s (UST) de-pegging from the US dollar, Terra’s founder is not giving up on the project.
2022-5-18 19:41 | |
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After a coordinated attack last week that de-pegged the TerraUSD stablecoin, LUNA was sent into freefall as more and more coins were being minted to attempt to re-stabilize UST. Unfortunately, this caused a vicious cycle that pushed LUNA’s price to worthless levels, effectively wiping out billions of dollars worth of Terra Luna value.
2022-5-16 16:53 | |
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Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week.
2022-5-14 07:29 | |
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Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, Terra founder Do Kwon came up with a roadmap to restore UST’s peg.
2022-5-14 22:40 | |
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В связи с критическими проблемами в экосистеме Terra, Binance остановила торги токенами LUNA и UST. История проекта Компания Luna Foundation Guard (LFG) и ее лидер До Квон (Do Kwon) прославились своим обещанием купить биткоины на общую сумму более $10 млрд для обеспечения многообещающего стейблкоина TerraUSD (UST).
2022-5-13 16:36 | |
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Here's how Terra (LUNA) team is going to address collapse of TerraUSD (UST) stablecoin
2022-5-11 15:09 | |
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Doom and gloom continues for Bitcoin markets as Terra’s Do Kwon brushes aside a “deliberate and coordinated“ attack on its TerraUSD and LUNA tokens.
2022-5-9 12:01 | |
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Do Kwon targets $10 billion BTC to back TerraUSD (UST). Terraform Labs founder and…
The post Terra’s Do Kwon Buys $230 Million of Bitcoin appeared first on Coin Journal.
2022-4-7 21:55 | |
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Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.
2022-4-5 12:25 | |
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Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”
2022-3-17 07:18 | |
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As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone.
2021-12-28 17:07 | |
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Donald and Melania Trump’s entry into the crypto space with their meme tokens has sparked debate over regulatory strategy. Zach Burks, CEO and founder of Mintology, a blockchain service provider, believes that by branding their tokens as “memes” rather than…
The Securities and Exchange Commission (SEC) fast-tracked Bitwise’s application for the third Bitcoin-Ethereum exchange-traded fund ($BTC-$ETH ETF) in the US. The regulator hasn’t yet approved the ETF but might do so soon, which would allow Bitwise clients to gain indirect exposure to the two leading cryptocurrencies at once.
Комиссия по ценным бумагам и биржам США (SEC) в «ускоренном режиме» зарегистрировала комбинированный спотовый биржевой фонд (ETF) на основе цифрового золота и Ethereum от Bitwise. Bitwise Bitcoin and Ethereum ETF получит листинг на NYSE Arca.
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US saw inflows of approximately $655 million on Jan. 30, reflecting a strong rebound in investor interest. The surge comes after the US Securities and Exchange Commission’s (SEC) approval of a Bitwise fund offering exposure to both assets.
Криптовалютная биржа Kraken возобновила услуги стейкинга для пользователей из 37 штатов США. Клиенты площадки смогут стейкать 17 цифровых активов, включая ЕТН, SOL, DOT и ADA.
Комиссия по ценным бумагам и биржам США (SEC) одобрила подачу заявки от NYSE Arca на запуск Bitwise Bitcoin and Ethereum ETF. Теперь у инвесторов будет возможность через фонд Bitwise получить доступ к реальным BTC и ETH, а не просто торговать фьючерсами.
Комиссия по ценным бумагам и биржам США (SEC) приняла от Nasdaq заявку по форме 19b-4 на изменение правил, которые сделают возможным листинг спотового Litecoin-ETF от Canary Capital. First alt coin 19b-4 to be acknowledged, rest were told to withdraw by Genz SEC.