2023-2-17 10:17 |
The SEC, as of a recent filing, is charging Terraform and Do Kwon of fraud amid the Terra collapse. According to the SEC executives, Do Kwon was involved in defrauding investor assets securities. origin »
|
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
2024-4-8 22:43 | |
|
|
In a groundbreaking move, the SEC is extending its jurisdiction to South Korea as part of its investigation into Do Kwon, co-founder of Terraform Labs, signifying the agency's unwavering global regulatory reach.
2023-8-19 17:57 | |
|
|
Lawyers representing Terraform Labs founder Do Kwon argue that the actions of the Securities and Exchange Commission (SEC) violate the law. The post Do Kwon Lawyers Argue SEC Acting Outside of Jurisdiction in Terra Case appeared first on BeInCrypto.
2023-4-4 10:21 | |
|
|
The US SEC has charged Do Kwon and Terraform Labs for committing securities fraud The SEC has also pressed fraud charges in relation to Chai payments The United States Securities and ExchangThe post US SEC files fraud lawsuit against Terraform Labs and Do Kwon appeared first on AMBCrypto.
2023-2-17 01:06 | |
|
|
Take a look at the most prominent crypto events that took place over this Christmas weekend!
2022-12-27 18:06 | |
|
|
The biggest news in the cryptoverse for October 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush, Blockchain advocacy groups filing a motion to support Grayscale in the lawsuit against SEC, and top 10 metaverse tokens crashing as interest wanes.
2022-10-20 01:40 | |
|
|
Do Kwon should be front-and-center for scrutiny from regulators. Instead, they’re getting distracted by grandstanding over Kim Kardashian.
2022-10-16 22:46 | |
|
|
The biggest news in the cryptoverse for October 5 includes SEC opposing third parties seeking to defend Ripple, Do Kwon describing news of a $40 million crypto freeze as falsehood, and SWIFT showing CBDCs, tokenized assets can be integrated into the global financial system.
2022-10-6 01:34 | |
|
|
Terra’s founder has a slew of legal troubles to face after the crash of the network in May.
2022-6-21 18:11 | |
|
|
On Thursday, the U.S. Court of Appeals for the Second Circuit ruled that Terraform Labs CEO Do Kwon must comply with a subpoena served by the SEC back in September. The post SEC Begins Probe Into Terraform Labs; Appeals Court Requires Do Kwon to Comply With Subpoena appeared first on BeInCrypto.
2022-6-13 23:00 | |
|
|
Do Kwon pleads his innocence on his twitter feed after latest reports condemn him for cashing out $2.7 billion. The Terraform Labs CEO is already facing an investigation from the SEC and South Korean The post Genuine mistake or fraud? That's the question Terra's Do Kwon needs to answer appeared first on AMBCrypto.
2022-6-12 19:30 | |
|
|
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 | |
|
|
As per data allegedly shared by SEC, Do Kwon cashed out over $80 million in Terra's crypto on monthly basis before whole thing collapsed
2022-6-10 14:59 | |
|
|
@WatcherGuru claimed Terra staff told Securities and Exchange Commission (SEC) investigators that Do Kwon had been withdrawing $80 million a month before the LUNA/UST crash. The post Do Kwon accused of siphoning $8M a month from failed Terra project appeared first on CryptoSlate.
2022-6-10 13:15 | |
|
|
In a recently released statement, the Founder and Chief Executive Officer of Terraform Labs, Do Kwon, said that the level of misinformation in public surrounding the network is high. The post Terra’s Do Kwon claims SEC investigation reports, other allegations are ‘misinformation’ appeared first on CryptoSlate.
2022-6-10 01:30 | |
|
|
In a recently released statement, the Founder and Chief Executive Officer of Terraform Labs, Do Kwon, said that the level of misinformation in public surrounding the network is high. The post Terra’s Do Kwon says there “are lots of misinformation” as reports emerge that SEC is investigating UST appeared first on CryptoSlate.
2022-6-10 01:30 | |
|
|
The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse.
2022-6-10 23:30 | |
|
|
The U.S. Court of Appeals has ordered Terraform Labs and its CEO Do Kwon to comply with SECs investigation into the Mirror Protocol on federal securities laws infringement allegations. Terraform...
2022-6-10 18:09 | |
|
|
The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently goiThe post Gensler attacks USDT, USDC, BUSD while Do Kwon takes his 'razor focus to deliver' appeared first on AMBCrypto.
2022-5-12 00:30 | |
|
|
In an unprecedented move, major cryptocurrency company, Terraform Labs and its co-founder Do Kwon sued the SEC as per recent court filings. The co-founder was issued with a subpoena by the U.S. SecuriThe post SEC targeting 'legitimized crypto institutions' for 'publicity,' Terraform CEO retorts appeared first on AMBCrypto.
2021-10-31 05:30 | |
|
|
Terraform co-founder and CEO Do Kwon and Terraform Labs is suing the SEC for conduct that could be in violation of rules. The post Terraform Labs Files Lawsuit Against SEC After Receiving Subpoenas appeared first on BeInCrypto.
2021-10-26 10:37 | |
|
|
Do Kwon and Terraform Labs (TFL), the South Korean company behind the blockchain project Terra (LUNA), are suing the US Securities and Exchange Commission (SEC), last week’s filing shows. The post Terra founder Do Kwon files lawsuit against the U.S. SEC appeared first on CryptoSlate.
2021-10-26 02:00 | |
|
|
Anthony Scaramucci, founder of SkyBridge Capital, says New York’s Martin Act, an anti-fraud statute enacted in 1921, should be repealed. The SkyBridge Capital founder’s call for the abolishing of the law comes in the wake of the New York Attorney…
Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200…
Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
The Terra Classic community is voting on a proposal to reduce users’ network costs. The codebase currently deploys forked versions, which increases total maintenance costs and missed upstream improvements.
Do Kwon’s extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media. The government of Montenegro has reportedly decided where to extradite Terraform Labs co-founder and crypto fugitive Do Kwon, Minister of Justice Bojan…
Amid Terraform Labs’ ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin. According to data from Arkham, an address associated with the beleaguered blockchain firm Terraform…