A federal judge sided with the U.S. Securities and Exchange Commission in a fraud case against failed blockchain company Terraform Labs Pte. Ltd. and its Chief Executive Do Kwon, ruling that two ...
Terraform Labs, the company behind the failed cryptocurrencies TerraUSD (UST-USD) and Luna (LUNA-USD), has filed a voluntary petition for Chapter 11 bankruptcy in the U.S. Terraform listed assets and ...
Terraform Labs filed for chapter 11 bankruptcy protection Sunday, following the collapse of its TerraUSD and Luna crypto coins in 2022. In a statement, Singapore-based Terraform said it took the ...
The SEC claimed that Terraform Labs and Kwon “orchestrated a multi-billion-dollar fraud involving the development, marketing, and sale of various cryptocurrencies,” according to court documents. A ...
NEW YORK, Dec 28 (Reuters) - A federal judge ruled on Thursday that cryptocurrency entrepreneur Do Kwon and his company Terraform Labs violated U.S. law by failing to register two digital currencies ...
Bankrupt crypto firm Terraform Labs faces its Chapter 11 bankruptcy reorganization hearing on Sept. 19. The outcome of the hearing will play a crucial role in determining the company’s future.
A U.S. federal judge ruled on Thursday that Terraform Labs, creator of the ill-fated Terra and Luna cryptocurrencies, violated federal securities laws when it sold its cryptocurrencies to the public.