Bitcoin News / Google News Bitcoin - 9 months ago
Bitcoin and Ethereum decline on the week, Worldcoin to launch a new Orb and Terraform Labs files for bankruptcy& & TechCrunch
by COINS NEWS - 9 months ago
Sometimes I feel the bankruptcy laws are for scums and scams like Kwon to hide behind. submitted by /u/Savi321 [link] [comments]
Bitcoin News / Bitcoin.com - 9 months ago
Terraform Labs has filed for Chapter 11 bankruptcy in the U.S. amid ongoing litigation with the U.S. Securities and Exchange Commission (SEC). The company stated in its bankruptcy filing that “funds will be available for distribution to unsecur...
Cryptocoins News / CoinJournal - 9 months ago
CryptoCom confirms Terra Luna Classic (LUNC) delisting. Terra Luna Classic (LUNC) sees a 13% price plunge. According to emails received by investors, the exchange is set to delist the coin on Feb 15. In a sudden turn of events, the Terra Luna Class...
by COINS NEWS - 9 months ago
submitted by /u/fap_fap_fap_fapper [link] [comments]
Bitcoin News / Bitcoinist - 9 months ago
In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with Chapter 11 bankruptcy in the United States. The turmoil began with the disastrous depegging of UST in May 2022, creati...
Cryptocoins News / Finance Magnates - 9 months ago
Terraform Labs, the company once known for its algorithmic stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the United States, according to the documents filed yesterday (Sunday) with the Bankruptcy Court for the District...
Bitcoin News / Google News Bitcoin - 9 months ago
Crypto Headlines of the Week: Bitcoin ETFs Advance, Binance & Terra Propel Speculations& & CoinGape
Bitcoin News / Bitcoinist - 9 months ago
The LUNC community has experienced a setback in their plans to revive the crypto token following the rejection of a proposal that was believed to be beneficial to the ecosystem. This latest proposal joins a growing list of proposals that have been pu...
by COINS NEWS - 10 months ago
submitted by /u/goldyluckinblokchain [link] [comments]
Cryptocoins News / Blockchain - 10 months ago
The SEC has postponed the trial of Terraform Labs and Do Kwon, pending Kwon's extradition to the US, for a $40 billion cryptocurrency fraud. (Read More)
Bitcoin News / Bitcoinist - 10 months ago
After the collapse of Terraform Labs, the once influential Korean crypto mogul Do Kwon has been facing an ongoing battle against criminal charges in the U.S. and his home country, South Korea. Most recently, according to his lawyer, he has once more...
by COINS NEWS - 10 months ago
submitted by /u/dreamygeek [link] [comments]
Bitcoin News / Bitcoin.com - 10 months ago
Terraform Labs co-founder Do Kwon has requested that the judge in his fraud case delay the trial date, currently set for Jan. 29, 2024, because Kwon is still tied up in extradition proceedings in Montenegro. Terra’s Do Kwon Requests Trial Postp...
Bitcoin News / Bitcoinist - 10 months ago
In a letter to Judge Jed S. Rakoff, counsel for Do Kwon, the former CEO of Terra, has formally requested the postponement of his trial in the United States. The trial, which addresses charges brought by the US Securities and Exchange Commission (SEC)...
Bitcoin News / Bitcoinist - 10 months ago
The recent lawsuit between the US Securities and Exchange Commission (SEC) and Binance has taken an intriguing turn, as the SEC filed a notice of supplemental authority citing the judgment in SEC v. Terraform Labs as a significant precedent. The SEC...
Bitcoin News / Google News Bitcoin - 10 months ago
Crypto Headlines Of The Week: Bitcoin, Solana, and Terra Propel Speculations& & CoinGape
Cryptocoins News / Blockchain - 10 months ago
SEC links Terraform Labs ruling to Binance case, alleging unregistered securities offerings and deceptive practices in crypto trading. (Read More)
Bitcoin News / Bitcoinist - 10 months ago
In the lawsuit between the US Securities and Exchange Commission (SEC) and Binance, the regulator has filed a notice of supplemental authority, citing the judgment in SEC v. Terraform Labs as a key precedent. This move is a strategic effort by the SE...
Bitcoin News / Google News Bitcoin - 10 months ago
Crypto Headlines Of The Week: Ark Invest, Binance, Bitcoin, & Terra Spark Curiosity& & CoinGape
Bitcoin News / Bitcoinist - 10 months ago
In a recent ruling by US District Judge Jed Rakoff, the US Securities and Exchange Commission (SEC) emerged victorious in the Terraform Labs case, causing concern and unease within the cryptocurrency community over the classification of stablecoins.T...
Bitcoin News / Bitcoinist - 10 months ago
In a landmark ruling that could have far-reaching implications for the crypto industry, a federal judge has sentenced cryptocurrency entrepreneur Do Kwon and his company Terraform Labs, finding them violating US law for failing to register two digita...
Cryptocoins News / CoinJournal - 10 months ago
Federal Judge Rakoff rules $LUNA and $MIR as securities, finding Terraform Labs violated U.S. laws. SEC trial, scheduled Jan 29, 2024, centres on Terra’s UST stablecoin collapse and $25M alleged fraud. Jump Trading’s involvement adds com...
Bitcoin News / Bitcoin.com - 10 months ago
In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were satis...
by COINS NEWS - 10 months ago
submitted by /u/Qwahzi [link] [comments]
