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  • Market Cap: $2,399,169,394,324.12
  • 24h Vol: $53,361,005,239.12
  • BTC Dominance: 56.62%

TerraUSD

terraform-labs-gets-court-approval-to-wind-down-operations-in-bankruptcy

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Leave a Comment / Bankruptcy, Bitcoin, Blockchain, Crypto, Crypto Hacked, Cryptocurrency, Delaware, do kwon, Ethereum, Fraud, Investors, legal, LUNA, market crash, SEC, SEC settlement, Terra, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , ,

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted […]

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy Read More »

do-kwon’s-terraform-sent-$7-million-to-law-firm-before-collapse,-report-unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Leave a Comment / Bitcoin, ceo, Charges, co-founder, collapse, Crash, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, embezzlement, Ethereum, Fraud, Investigation, Kim & Chang, law firm, Lawyers, LUNA, money, Montenegro, News, Payments, Prosecutor's, Singapore, South Korea, south korean, Stablecoin, Terraform, terraform labs, TerraUSD, transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils Read More »

seoul-takes-control-over-$160-million-in-assets-of-former-terraform-employees,-founder

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

Leave a Comment / Assets, Bitcoin, co-founder, co-founders, Court, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Daniel Shin, do kwon, Employees, Ethereum, Executives, founder, Founders, LUNA, News, property, Prosecutor's, prosecutor's office, Real estate, seize, Seizure, Seoul, Terraform, terraform labs, TerraUSD, Trial / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South Korean Law Enforcement Moves to Seize Terraform-Linked Real Estate, Report Prosecutors

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder Read More »

south-korean-court-denies-arrest-warrant-for-terraform-co-founder-daniel-shin

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin

Leave a Comment / Arrest, arrest warrant, Bitcoin, co-founder, Court, Crypto Hacked, Cryptocurrency, Daniel Shin, denied, do kwon, Ethereum, founder, LUNA, Montenegro, News, prosecutor's office, rejected, South Korea, south korean, Terraform, terraform labs, TerraUSD, U.S. / / / , , , , , , , , , , , , , , , , , ,

A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves Terraform Co-Founder at Large Citing

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin Read More »

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Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

Leave a Comment / Arrest, Bitcoin, Case, ceo, co-founder, collapse, counterfeited, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, Documents, Ethereum, extradition, fake, forged, founder, Haris Šabotić, Investigation, Kwon, LUNA, Montenegro, News, passport, Podgorica, prosecutor, prosecutor's office, Šabotić, Stablecoin, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says Read More »