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 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 inBlockchainLUNA and UST Crash Could Have Been Averted if Bitcoin Reserves were Used Earlier, Binance CEO SaysApril 17, 2024The collapse of LUNA and UST, the native tokens of the Terra network, could have…
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 inBlockchainMAS Insists Terra, 3AC Unlicensed to Operate in SingaporeApril 17, 2024Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS) has corrected the…
Posted inBlockchainKorean Prosecutors Consulting if LUNA Classified "Security"April 17, 2024The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist…
Posted inBlockchainSingaporean Police Force Claims Do Kwon is Not in SingaporeApril 17, 2024The Singapore Police force has made it known that Kwon is not in Singapore. This…
Posted inBlockchainSouth Korean Watchdogs Request Interpol’s Red Notice against Do KwonApril 17, 2024The controversy surrounding Do Kwon’s whereabouts continues to grow, given that South Korean prosecutors asked…