The South Korean cryptocurrency ecosystem is still experiencing issues because of the Terraform Labs probe. According to reports, the nation’s authorities advanced the probe on Wednesday with their mo...
Tag: Terraform
TerraForm Labs Has No Control Over LUNC, Terra 2.0 Is A Public Coin, Claims Do Kwon
After the Terra (LUNA) crash, there have been a huge number of facts have come into the spotlight. Among them, there were allegations like Do Kwon cashing out $2.7 billion of worth crypto before the c...
The Case for Suing Celsius, Terraform Labs
The same group of plaintiffs, which includes pseudonymous Terra victim and researcher Fatman, has said it will also file suit against Terraform Labs, the entity that created a litany of apps – like th...
South Korea Bans Terraform Labs Employees From Leaving The Country Amid Pending Crypto Investigation
According to the latest reports from the Financial Times, South Koreans have prohibited employees of the Terraform Labs from leaving the country as the settlement regarding an investigation is yet not...
15 Terraform Staffers Banned from Leaving South Korea Amid Investigation
Yuri Molchan More than dozen of former and current high-ranking staffers of Terra are prohibited from leaving South Korea Bloomberg has reported that as prosecutors are investigating the recent massiv...
Lawsuit Filed Against Terraform Labs & Founder Alleging The Parties Of Misleading Investors
A lawsuit filed by an Illinois-based plaintiff alleges parties related to Terra including Do Kwon and the Luna Foundation Guard misleading investors that all Terra tokens (including UST and LUNA) are ...
South Korean prosecutors ban Terraform Labs employees from exiting the country: Report
Terraform Labs employees are reportedly unable to leave South Korea due to the country’s prosecutors imposing a departure ban on key developers of the project. On Monday, Korean media outlet JTBC repo...
Terraform Labs Staff Banned From Leaving South Korea: Report
Key Takeaways According to a Monday JTBC report, Terraform Labs employees have been banned from leaving South Korea while the investigation of Terra’s blowup is still ongoing. One former Terra d...
Do Kwon, Terraform Labs, others hit with class action lawsuit
A class action lawsuit filed on Friday accuses Do Kwon, Terraform Labs (TFL) and others of selling unregistered securities and making false statements about the stability of the TerraUSD (UST) stablec...
No relief soon for Do Kwon and Terraform Labs – yet another Class-action lawsuit filed
Seems like neither the mass of losses happened because of Terra (LUNA) network collapse nor the investors who experienced losses would let the incident be forgotten anytime soon Possibilities are that...
Do Kwon and Terraform Labs Sued for Misleading Investors
In a lawsuit filled with promises from Do Kwon, the Luna Foundation Guard, and other Terra-related entities, an Illinois-based plaintiff has alleged that all parties involved misled investors about wh...
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors – Bitcoin News
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). ...
Binance CZ Condemns the Coindesk Report Alleging TerraForm Labs Owns the Wallet That Triggered $UST Implosion
– Advertisement – The founder of Binance has joined FatMan in condemning the joint report published by Coindesk and Uppsala Security. Changpeng “CZ” Zhao, the founder and CEO of world’s l...
Is Terraform Labs responsible for the UST stablecoin collapse, as reports suggest?
As the days are passing and investigations are moving further, Terraform Labs seems to become the main culprit behind the fall of UST stablecoin and eventually Terra (LUNA) network Since the market ha...
Terra Influencer FatMan Spots Loopholes in Coindesk Korea Report Accusing TerraForm Labs Crashing UST and LUNA
– Advertisement – The popular whistleblower has come to the defense of TFL, as he identifies a major loophole that makes the Coindesk Terra report false. Popular Terra influencer who is kn...
CoinDesk Korea Discloses Revelations That Terraform Labs Wallets Caused UST Depegging
– Advertisement – New Investigations Shows Terra Owns the Wallet That Crashed LUNA and UST. More than one month after Terra ecosystem tokens, UST, and LUNA collapse, new revelations contin...
Terraform Labs Caused Collapse Of UST? Report Says So
The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from Coi...
Terraform Labs Owned Wallet Behind UST Collapse, New Report Claims
Key Takeaways A new report has suggested that the wallet thought to be the main culprit behind Terra’s collapse in May could belong to Terraform Labs or the Luna Foundation Guard. The report lin...
Inside Job? Wallet That Caused the UST Attack Suspected to Belong to Terraform Labs (Report)
Terraform Labs grabbed the attention of the entire crypto community last month when its two native digital assets deteriorated in days, leaving only a failed restarted project. However, a recent inves...
U.S. Court of Appeals Rules Terraform Labs Must Comply with SEC
On Thursday, the U.S. Court of Appeals for the Second Circuit ruled that Terraform Labs CEO Do Kwon must comply with a subpoena served by the SEC back in September. The SEC is reportedly investigating...
Do Kwon and Terraform Labs Ordered to Comply With SEC Probe of Mirror Protocol – crypto.news
The US regulator is looking into whether Terraform utilized its Mirror Protocol to market unregistered securities in a case separate from the Terra collapse. Terraform Labs Must Heed SEC Subpeona The ...
SEC court win over Terraform and Do Kwon opens door for UST investigation
Terraform Labs’ court loss over Mirror Protocol opens the doors for greater action on the collapse of stablecoin TerraUSD. Yesterday, the Second Circuit Court rejected Terraform Labs’ appeal against ...
Further investigation of Terraform Labs by SEC
The US Securities and Exchange Commission is evaluating if the marketing of the Terra stablecoin TerraUSD (UST) was in violation of federal investor-protection regulations. In a confidential probe, Te...
Terraform Labs ordered to cooperate with SEC probe of Mirror Protocol
Terraform Labs and its CEO Do Kwon must comply with Securities and Exchange Commission (SEC) subpoenas related to the Mirror Protocol, according to a ruling on Wednesday from the US Court of Appeals f...
Do Kwon and Terraform Labs to Comply With the SEC Investigation After Losing Appeal Case
A recent court ruling has granted an application by the Securities and Exchange Commission (SEC) to order Terraform Labs and its co-founder Do Kwon to comply with the agency’s investigative subpoenas....
Second Circuit Court Order’s Terraform Labs and Do Kwon to Comply With SEC’s Subpoena
The 2nd US Circuit Court of Appeals has upheld a ruling that compels blockchain startup Terraform Labs, and its co-founder Do Kwon into complying with a September 2021 Subpoena served him at a New Yor...
Legal troubles mount for Terraform Labs as Seoul police investigate
Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities. The latest investigation revolves around the alle...
Terraform Labs Co-Founder Denies Accusations of Fraud
Alex Dovbnya Terraform Labs wasn’t aware of any flaws in its algorithm, co-founder says Terraform Labs co-founder Daniel Shin recently told the Financial Times that the company wasn’t aware of “...