Terraform Labs will shut down a number of products ... to take on some of the responsibility for meeting the terms of the bankruptcy. “The community will need to take over ownership of the ...

A judge approved Terraform Labs winding down its operations as part of the firm’s bankruptcy plan in the United States.

Terraform Labs, the company behind unsuccessful stablecoin TerraUSD, has recently filed for bankruptcy as it grapples with legal challenges from both the Securities and Exchange Commission (SEC ...

Do Kwon, co-founder of disgraced Terraform Labs, will face trial in a year’s time for his alleged role in the $40 billion criminal fraud case involving the collapse of Terra Classic LUNC/USD and ...

Terraform Labs has since filed for bankruptcy. The U.S. Attorney’s Office in New York will handle Kwon’s prosecution, and a status conference in the case is scheduled for Jan. 8, 2025.

The co-creator of the cryptocurrency platform Terraform Labs PTE Ltd. (Terraform) has been extradited to face $40B fraud charges. Do Hyeong Kwon, 33, a citizen of the Republic of Korea ...

Do Kwon, Terraform Labs co-founder, to face U.S. criminal fraud charges related to $40 billion collapse of TerraUSD and Luna in 2022. Kwon previously agreed to $80 million fine and crypto ban in ...

Terraform Labs co-founder Do Kwon appeared before a US magistrate on Jan. 2, 2025, and pleaded not guilty to the charges in the first legal hearing for the former tech executive since his ...

He left South Korea before the crash and spent months on the run. In January, Terraform Labs officially sought bankruptcy protection in the United States. The bankruptcy filing would allow ...

Terraform Labs Co-Founder Pleads Not Guilty to Major ... resulting in Terraform agreeing to a $4.47 billion settlement before filing for bankruptcy. IRS Delays New Crypto Reporting Rules to ...

Montenegrin Justice Minister Bojan Bozovic has ordered the extradition of Terraform Labs co-founder Do Kwon, also wanted by Korea, to the United States, the ministry said on Friday. A Korean ...

Terraform Labs Co-Founder Pleads Not Guilty to Major ... resulting in Terraform agreeing to a $4.47 billion settlement before filing for bankruptcy. IRS Delays New Crypto Reporting Rules to ...