Terraform and Kwon to Pay $4.5 Billion Following Fraud Verdict
Jun 13, 2024 · On April 5, 2024, a jury unanimously found Terraform and Kwon liable for securities fraud after less than two hours of deliberation. As part of the settlement, Terraform …
Terraform Labs to dissolve following US$4.47 billion settlement
Jun 13, 2024 · The US$4.47 billion settlement agreement with the SEC announced Wednesday requires Kwon Do-hyung, former CEO of Terraform Labs, to pay US$204 million to the …
Terraform Labs cleared for wind-down amid bankruptcy by US …
Sep 20, 2024 · On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. …
Terraform Labs Approved for Bankruptcy Wind-Down After US ... - U.S. News
Sep 19, 2024 · (Reuters) - Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission …
Court approves Terraform Labs winding down in bankruptcy …
Sep 19, 2024 · After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down. A judge …
Terraform Labs co-founder Do Kwon will face fraud charges in …
Dec 27, 2024 · Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by …
Terraform Labs to end operations, Terra community will take over
Jun 13, 2024 · Terraform Labs is shutting down following a $4.47 billion SEC settlement, transferring Terra’s control to the community and highlighting the impact on the crypto market.
Terraform Labs approved for bankruptcy wind-down after US SEC …
Sep 19, 2024 · (Reuters) - Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission …
Cryptocurrency firm Terraform Labs files for bankruptcy in US - BBC
Jan 22, 2024 · The bankruptcy documents, filed in Baltimore, list Terraform as having between $100m and $500m in assets. They also say Do Kwon owns 92% of the shares of the …
Extradited SKorean Crypto 'Genius' In Court To Face US Charges
6 days ago · The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday to face fraud charges stemming from the multi-billion-dollar collapse of his …