2024-9-20 10:39 |
On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. During a pivotal hearing on Thursday, U.
Similar to Notcoin - Blum - Airdrops In 2024
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After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down.
2024-9-20 00:55 | |
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Terraform Labs gave the community the latest update on its bankruptcy hearings Both LUNA, LUNC reacted positively to the news Terraform Labs' Chapter 11 bankruptcy hearing is scheduled to coThe post Terra LUNA update - LUNC reacts to bankruptcy hearing date being revealed appeared first on AMBCrypto.
2024-8-22 20:30 | |
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A US bankruptcy court has approved Terraform Labs’ request to retain law firm Dentons despite concerns raised by the company’s creditors and the SEC. This approval comes on the heels of Dentons’ commitment to return $48 million to Terraform, a substantial part of the retainer fee initially paid to the firm for legal services, marking […] The post Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns appeared first on CryptoSlate.
2024-3-14 01:18 | |
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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.
2024-3-14 13:31 | |
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Do Kwon’s Terraform Labs, the company responsible for the collapsed Terra cryptocurrency project, is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission (SEC) regarding accusations of a $166 million “slush fund,” as its bankruptcy proceedings…
2024-3-5 12:39 | |
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An unexpected development recently saw Terraform Labs, the creator of both the stablecoin TerraUSD and also its associated coin Luna, filing for bankruptcy in line with Chapter 11. Meanwhile, Borroe Finance ICO reaches almost $2.
2024-1-26 10:39 | |
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Terraform Labs has filed for bankruptcy. In response, the price of LUNA plummeted. Terraform Labs, the company responsible for the now-defunct stablecoin TerraUSD [UST], filed for Chapter 11The post Terraform Labs files for bankruptcy: What happens now? appeared first on AMBCrypto.
2024-1-23 16:30 | |
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Terraform Labs, once a force in the crypto world, has officially filed for Chapter 11 bankruptcy, sending shockwaves through the digital asset landscape. Simultaneously, the Memeinator project takes centre stage, gaining momentum with its MMTR token presale.
2024-1-22 11:23 | |
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Judge John Dorsey from the U. S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case.
2023-8-2 19:30 | |
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Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research.
2023-8-2 18:28 | |
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Montenegro’s Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office filed a request for a legal review on August 2. The office…
On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a…
Fresh U.S. court filings have revealed that Montenegro’s Prime Minister Milojko Spajic personally invested in fugitive Do Kwon’s Terraform Labs crypto project
A recent Bloomberg report has revealed that Montenegro’s Prime Minister, Milojko Spajic, personally invested in Terraform Labs years before the company’s collapse. The discovery has raised concerns regarding the founder’s choice to flee prosecution by seeking refuge in the same nation.
South Korean prosecutors have found new evidence alleging that Terra founder Do Kwon conspired with former Chai CEO Shin Hyun-Sung to deceive investors with fake transactions. Terraform Labs co-founder Kwon Do-Hyeong, a central figure in the collapse of the Terra…
Terraform Labs plans to dissolve, leaving the Terraform community to monitor the blockchain ecosystem. In the wake of a $4.47 billion settlement with the SEC, Terraform Labs has announced plans to dissolve, leaving the blockchain’s future in the hands of…