Terraform

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SEC charges Do Kwon, Terraform with fraud in connection with Terra collapse

[ad_1] Do Kwon, co-founder and chief executive officer of Terraform Labs, in the company’s office in Seoul, South Korea, April…

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Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about the coin's ability to keep its dollar peg (Bloomberg)

[ad_1] Bloomberg: Sources: US SEC plans to sue Terraform Labs for not registering its TerraUSD stablecoin and misleading investors about…

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An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022 (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs…

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South Korea says Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon; prosecutors say Kwon disappeared from Singapore after September 17 (Sangmi Cha/Bloomberg)

[ad_1] Sangmi Cha / Bloomberg: South Korea says Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon;…

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A South Korean court issues an arrest warrant for Terraform Labs founder Do Kwon and five others located in Singapore, following the collapse of LUNA and UST (Hooyeon Kim/Bloomberg)

[ad_1] Hooyeon Kim / Bloomberg: A South Korean court issues an arrest warrant for Terraform Labs founder Do Kwon and…

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Seoul prosecutors open an investigation into Terraform Labs, the company behind LUNA and UST collapse, as its co-founder Do Kwon faces a $78M tax bill (TechCrunch)

[ad_1] TechCrunch: Seoul prosecutors open an investigation into Terraform Labs, the company behind LUNA and UST collapse, as its co-founder…

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Terraform Labs halts Terra block production for the second time in 24 hours "to come up with a plan to reconstitute it", after UST and LUNA collapsed (Sunil Jagtiani/Bloomberg)

[ad_1] Sunil Jagtiani / Bloomberg: Terraform Labs halts Terra block production for the second time in 24 hours “to come…

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Terraform Labs halts the Terra blockchain to protect against a possible attack, after the collapse of its LUNA token reduced the cost of an attack (Tim Copeland/The Block)

[ad_1] Tim Copeland / The Block: Terraform Labs halts the Terra blockchain to protect against a possible attack, after the…

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Terraform Labs, which runs the Terra blockchain and UST stablecoin, gifts 10M LUNA tokens, worth ~$880M, to the Luna Foundation Guard, likely to underpin UST (Vishal Chawla/The Block)

[ad_1] Vishal Chawla / The Block: Terraform Labs, which runs the Terra blockchain and UST stablecoin, gifts 10M LUNA tokens,…

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