Tag: terraform labs
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or even billions of dollars, do signal a [...]
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
Sales of LUNA and MIR to institutional investors totaled $65.2 million and $4.3 million, respectively, sales of LUNA and UST through the Luna Foundati [...]
Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May 2021, Kwon and Terraform Labs made a [...]
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
The decision effectively puts a time-out on the ongoing tug-of-war over Kwon between South Korea and the United States. Both countries want to try Kwo [...]
Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
Han was extradited to South Korea in February, and Kwon looked poised to follow. His Montenegrin lawyer, Goran Rodic, told CoinDesk Kwon was likely to [...]
Terraform Labs Founder Wins Second Appeal Against Montenegro Extradition Decision
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Terraform Labs Declares Bankruptcy in Delaware
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singap [...]
Do Kwon Wants To Delay SEC’s Terraform Trial so That He Can Attend It
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U.S. SEC Seeks to Leverage Terraform (UST) Win in Coinbase (COIN), Binance Disputes
Judge Jed Rakoff, the U.S. District Court for the Southern District of New York judge overseeing the Terra case, sided with the SEC in an end-of-year [...]
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
The SEC sued Terraform Labs earlier this year, following a rash of similar complaints it filed against several other key players in the cryptocurrency [...]
Do Kwon Faces Extradition From Montenegro to U.S. for Charges Tied to UST and LUNA Collapse: WSJ
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Terraform Labs, Do Kwon Lose Attempt to Have Singapore Class-Action Suit Thrown Out: Report
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Montenegro Court Approves Extradition of Do Kwon
Earlier this month, the Montenegro High Court upheld the four-month prison sentence of Kwon and his associate Han Chang-Joon for document falsificatio [...]
SEC Asks Court for Summary Judgement Against Do Kwon, Terraform
Terraform and Kwon also engaged in fraudulent conduct and made misleading statements, the SEC reiterated in the filing, re-emphasizing that they commi [...]
Do Kwon’s Terraform Labs (UST) Seeks Early Court Rejection of U.S. SEC Case
"After two years of investigation, the completion of a discovery period that resulted in the taking of more than 20 depositions, and the exchange of o [...]