Posted inBlockchainSEC Seeks $5.3B Judgment Against Terraform Labs and Do KwonApril 27, 2024The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Terraform Labs…
Posted inBlockchainTerraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEOApril 18, 2024Terraform Labs, the Singapore-based blockchain startup behind the Terra protocol, has filed a lawsuit against…
Posted inBlockchainTerra Founder Do Kwon Agrees to $1M Bet on the Future Price of LUNAApril 17, 2024What better way is it for a startup’s founder to spend his money than for…
Posted inBlockchainTerra Erases 12 Months Bullish Gains with 94% Drop in ValueApril 17, 2024The Terra community is almost in disarray as the ecosystem’s two flagship tokens, including LUNA…
Posted inBlockchainSBF Suggests LUNA's Collapse Different to Theranos, but Questioning its Marketing StrategyApril 17, 2024FTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried, known as SBF, has faulted the marketing strategies…
Posted inBlockchainDo Kwon Suggests Terra Hard Fork to Revive Troubled NetworkApril 17, 2024Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play…
Posted inBlockchainProsecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs DissolvementApril 17, 2024Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud…
Posted inBlockchainTerraform Labs Staff Discloses LUNA's Potential Risk of Crash but Neglected: South Korean AuthorityApril 17, 2024Carried out by the Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation…
Posted inBlockchainSecond Circuit Court Order's Terraform Labs and Do Kwon to Comply With SEC's SubpoenaApril 17, 2024The 2nd US Circuit Court of Appeals has upheld a ruling that compels blockchain startup…
Posted inBlockchainDo Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBoxApril 17, 2024Do Kwon, the once cherished developer who gained prominence with the rise of Terra Blockchain…