The final deadline to file crypto loss claims for Terraform Labs has been extended to May 16, 2025, at 11:59 p.m. ET.
Browsing: Terraform Labs
Do Kwon’s status conference has been delayed from March to April after authorities found new evidence related to the case. His final trial is still scheduled for January 2026. In…
Do Kwon, Terraform Labs co-founder, pleads not guilty to U.S. fraud charges over the $40 billion TerraUSD stablecoin collapse. The U.S. alleges Kwon misled investors in a multi-billion-dollar securities fraud;…
Developer group Orbit Labs’ proposal to remove forked mainline modules from the Terra Luna Classic blockchain has received massive approval from voters. The community has also approved another proposal meant…
The Terra Luna Classic ecosystem has agreed to burn over 46 million USTC. These funds belong to Mirror Protocol and are part of Terraform Labs’ winding down requirements. The Terra…
Terraform Labs received court approval to wind down its operations following a bankruptcy court- hearing leading to price rallies for both LUNA and LUNC. The payout is estimated to range…
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. …
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.…