Terraform Labs might burn billions of LUNC as its bankruptcy proceedings nears its end. Despite general uncertainty in the Terra Luna Classic community, its associated assets have erased their losses. …
Browsing: Terraform Labs
Terraform Labs’ upgrade and significant token burn aim to reduce LUNA’s supply, potentially driving a price rally. As Terraform Labs exits, the community’s role will be crucial in sustaining the…
3AC claims $1.3B losses from LUNA’s collapse, blaming Terraform Labs’ manipulative practices. LUNA value plummeted, decimating 3AC’s $462M investment to just $2.7K in weeks. As discussed in a previous CNF…
The bankruptcy court has issued a new order authorizing Terraform Labs (TFL) to take significant actions. The Shuttle Bridge will be operational for up to 30 days once TFL’s Chapter…
XRP’s price heavily relies on the upcoming ruling in the SEC vs. Ripple case, as investors remain cautious about a decision that could prohibit its sales to US institutional investors. …
Ripple Labs has cited the Terraform Labs settlement as a yardstick to lower its own penalty demand from the SEC. Ripple believes its fine should not exceed $10 million against…
Terraform Labs and CEO Do Kwon reach a preliminary settlement with the SEC over allegations of misleading investors. The settlement terms are set to be finalized and submitted for court…
The SEC emphasized that Terraform’s arguments lack merit and misapply relevant laws and facts, indicating its intent to pursue legal action despite the defense’s stance. The SEC countered Terraform’s plea…
Terraform Lawyers are fighting the US SEC with the proposed civil penalty. Do Kwon may still face charges in the United States. Terraform Labs, the company behind the algorithmic stablecoin…
A New York jury found Terraform Labs and its co-founder Do Kwon guilty of fraud. Terraform Labs’ lawyers have vehemently denied the allegations, arguing that the majority of token sales…
In response to the impending conduct injunction expected from the ongoing legal battle with the SEC, Terraform Labs announced measures to comply with regulatory requirements. These measures include barring U.S.…
A jury in a New York court has found Do Kwon liable for defrauding investors through the $40 billion crypto disaster orchestrated by Terraform Labs through LUNA and UST cryptos.…
Terraform Labs faces SEC trial over alleged crypto fraud, accused of misleading investors about stablecoin stability. The legal battle was delayed till March, with co-founder Do Kwon remaining in Montenegro…
Terra (LUNA) to gain a boost with $15M ecosystem funds injected by Terraform Labs. The funds will power liquidity pools and incentivize developers to build unique solutions to serve users.…
Despite ongoing legal battles and a recent SEC lawsuit, has acquired Pulsar Finance, a cross-chain portfolio management and analytics startup. This acquisition is expected to provide Terraform with immediate advantages,…
The SEC has filed for summary judgment against Terraform Labs and CEO Do Kwon, claiming they conducted a $45 billion fraud by misrepresenting crypto assets as securities. Terraform Labs is…
Terraform Labs accuses Citadel Securities of intentional actions causing its stablecoin to crash in 2022, prompting a legal battle. Terraform Labs claims market destabilization wasn’t due to a technical issue…
The last Class Action lawsuit against Terraform Labs and Do Kwon has been dismissed. With no more Class Actions, the embattled firm now has only regional regulators to answer to.…
US SEC now has the approval to probe Daniel Shin of Chai Corporation. This firm has close ties to Terraform Labs and was co-founded by Daniel Shin and Do Kwon.…
A recent ruling by a US District Judge contested Judge Analisa Torres’ decision in the Ripple case. Judge Rakeoff’s 50-page Opinion and Order found the SEC’s arguments plausible, indicating that…