Tag Archives: terraform

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

CoinspeakerSouth Korean Prosecutors Find New Evidence against Do Kwon While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter. South Korean Prosecutors Find New Evidence against Do Kwon

CoinspeakerTerraform Labs’ Do Kwon Challenges SEC’s $5.3 Billion Penalty Do Kwon's lawyers conte­nd the court should not grant any injunctive relief or disgorgement and should impose at most a $1 million civil penalty against Terraform Labs. Terraform Labs’ Do Kwon Challenges SEC’s $5.3 Billion Penalty

CoinspeakerTerraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions Terraform Labs is set to deliver their final arguments in a civil fraud trial accused of defrauding investors with the TerraUSD stablecoin, which led to $40 billion in losses and wider crypto market havoc in 2022. Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions

CoinspeakerTerraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse The Terraform trial holds significant implications for the crypto industry.  A win for the SEC would solidify its authority to regulate cryptocurrencies deemed securities. Terraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse

The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days.  A federal court in Singapore has denied an appeal to dismiss a class action suit filed against Terraform Labs, the brains behind the former Terra blockchain, and its disgraced co-founder Do Kwon on November 30. According to a Business Insider report, the duo filed a...

As part of the deal, Pulsar Finance’s flagship product Portfolio, will undergo integration into Terraform’s Station, a cross-chain wallet. Terra blockchain’s leading developer Terraform Labs announced the acquisition of the cross-chain portfolio management and analytics startup Pulsar Finance. This development arises as Terraform grapples with ongoing legal challenges arising from the demise of the algorithmic stablecoin TerraUSD in May of 2022. A notable legal conflict involves a lawsuit...

Lawyers representing the investors submitted a notice of voluntary dismissal of the lawsuit against Terraform Labs and Do Kwon in the United States District Court for the Northern District of California. The class-action lawsuits against Terraform Labs and its co-founder Do Kwon alleging fraud, were abruptly withdrawn, leaving the reasons undisclosed. Terraform Labs, renowned for its Terra stablecoin, started operations in 2018. However, a sudden crash in May 2022 occurred when the Terra...

CoinspeakerUS SEC Could Dismiss Coinbase Motion Similar to Terraform Labs The SEC's handling of the Green United case offers insights into its potential approach to Coinbase's motion to dismiss, emphasizing the significance of the "major questions doctrine" in cryptocurrency lawsuits. US SEC Could Dismiss Coinbase Motion Similar to Terraform Labs