News about TERRA

News about Terra

Terraform Labs must face US SEC fraud allegations, judge rules

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U.S. Judge Rejects Terraform’s Request To Dismiss SEC Case – Ripple Ruling In Trouble?

In a major development on July 31, U.S. Judge Jed Rakeoff of the Southern District of New York has rejected Terraform’s motion to dismiss the fraud charges levied against the company by the United States Securities and Exchange Commission. While rul...

Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision in the Securities and Exchange’s case against Ripple. A United St...

OPNX to Launch FatManTerra Justice Token, Airdropping to LUNC and LUNA Holders

OPNX has announced the imminent launch of the FatManTerra Justice Token. This move comes in response to the commencement of legal proceedings against FatManTerra by several parties. (Read More)

Only In Crypto: Bankrupt 3AC Founders Launch ‘Justice’ Token Targeted At Terra (LUNA) Whistleblower

The controversial founders of now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC), Zhu Su and Kyle Davies, have announced the launch of a new ‘Justice’ token, targeted specifically at the whistleblower who outed Terraform Labs. This co...

Su Zhu’s OPNX Unveils Justice Tokens Aimed At Terra Whistleblower

Open Exchange (OPNX) has announced the launch of FatManTerra Justice Tokens aimed at the namesake Terra whistleblower.& Justice Tokens are ERC-20 tokens that will be used to compensate those harmed by defamation in the crypto space.& Open Ex...

Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets....

Terra interim CEO says any 'little progress' made gets derailed by accusations

Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces to separate the operations of Terraform Labs from Do Kwon’s personal affairs. Terraform Labs...

Back To Terra? Interim CEO Welcomes Do Kwon’s Potential Return

Terraform’s recently appointed CEO, Chris Amani, embraces the possibility of Do Kwon’s return to the company, recognizing the colossal undertaking he faces in rejuvenating the failed stablecoin Terra (UST). In a recent candid session via ...

Terraform Labs Appoints New CEO While Co-Founder Remains in Jail

Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleagu...

Terraform Labs seeks access to FTX wallets in fraud defense

Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022. Terraform Labs is seeking...

Terraform Labs Plays Hardball In SEC Case, Requests Subpoena For FTX Documents

Terraform Labs (TFL), the developer of the failed Terra blockchain, has filed a court motion requesting permission to subpoena bankrupt cryptocurrency exchange FTX for relevant documents that it can use to defend itself against an ongoing case brough...

Terra And Do Kwon Argue “Torres Doctrine” In Bid To Dismiss SEC Lawsuit

Terra and Do Kwon’s legal team argued that the recent ruling in the case of US SEC v. Ripple Labs directly impacts their motion to dismiss.The SEC sued Do Kwon and his company for selling unregistered securities namely UST, LUNA, wLUNA, and MI...

Terraform Labs appoints new CEO from existing team: Report

Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months. As the co-founder of Terraform Labs, Do Kwon, is facing possible...

Do Kwon’s Terraform Labs Taps Former CFO To Serve As Chief Executive

Terraform Labs has appointed a new CEO while co-founder Do Kwon serves a prison sentence in Montenegro.& Former CFO and COO Chris Amani has been tapped to serve as the defunct crypto firm’s new CEO.& Amani took over Do Kwon’s role after he d...

Terra (LUNA) Chain To Pause Operations, Token Price Stagnates

The native token of the Terra blockchain, LUNA, has been making significant progress despite not having the most impressive numbers on the charts. Recent gains can be seen as a commendable achievement, particularly considering the network’s cha...

Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin’s trial preparations in South Korea are reportedly underway. Terraform Labs co-found...

Terra Co-Founder Faces Legal Proceedings In South Korea As 1st Hearing Unfurls

Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees. However, Shin, who st...

Lawyers For Terra Co-Founder Daniel Shin Ask For More Time In Preliminary Hearing

Summary: Co-Founder of Terraform Labs Daniel Shin needs more time to mount his defense, lawyers told a Seoul Court on Monday.Shin’s April indictment alleges that the former Terra exec and seven other former company employees broke South Korea’s...

South Korea holds first court hearing for Terra co-founder Daniel Shin on crypto fraud charges

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Massive 5292 Bitcoin (BTC) Linked To Terra Founder Do Kwon And LFG On The Move

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Terra Founder Do Kwon’s $163 Million Bitcoin Withdrawal Raises Eyebrows; Here’s the Whole Truth - Coinpedia Fintech News

Terra Founder Do Kwon’s $163 Million Bitcoin Withdrawal Raises Eyebrows; Here’s the Whole Truth& & Coinpedia Fintech News

Terra Luna Classic Launches Bug Bounty Program, Can This Take LUNC To $0.001?

The Terra Luna Classic community-supported core developer group, known as the Joint L1 Task Force (L1TF), has recently introduced a bug bounty program. This program aims to encourage security researchers, ethical hackers, and developers to actively p...

HKVAC Considers Inclusion Of Terra Luna Classic (LUNC) In Digital Asset Index

The Hong Kong Virtual Asset Consortium (HKVAC), a prominent rating agency based, has announced its plans to evaluate the inclusion of Terra Luna Classic (LUNC) in its digital asset index. Just recently, the HKVAC Rating Agency unveiled its latest ind...

Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon

Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were c...

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