2023-5-25 21:00 |
A Montenegrin high court has revoked bail for Terraform Labs co-founder Do Kwon and the former chief financial officer. origin »
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Strategy co-founder Michael Saylor has defended the company’s Bitcoin-backed capital strategy after its STRC preferred stock fell well below its $100 par value and triggered fresh criticism from market participants.
Terraform Labs’ court-appointed bankruptcy administrator has filed a lawsuit against market maker Jane Street for allegedly using non-public information to profit from the 2022 collapse of the Terra ecosystem.
A new lawsuit has reopened scrutiny around the collapse of one of crypto’s most damaging failures. The legal fallout from the Terra collapse widened again this week. The Wall Street Journal reported on Dec.
Do Kwon’s fall from crypto wunderkind to fraudster has recently reached its final act. The Terraform Labs co-founder, once hailed as a visionary, has pleaded guilty to charges tied to the $40 billion collapse of TerraUSD and Luna. As one…
Terraform Labs founder Do Kwon is in talks to plead guilty in a U.S. criminal case tied to the $40 billion Terra collapse. Terraform Labs founder Do Kwon may plead guilty in a U.S. criminal case over the 2022 collapse…
In a puzzling development, two prominent crypto figures have voiced contrasting opinions over the settlement deal between Galaxy Digital and the Office of the New York Attorney General (NYAG). On March 28, it was revealed the crypto investment firm led by Michael Novogratz has struck agreements to pay a $200 million fine to the State […]
Terraform labs, the Singapore-based company behind the Terra blockchain and its associated cryptocurrencies TerraUSD and Luna, is launching a crypto asset loss claim portal on March 31—claims to be submitted by April 30.