News about TERRA

News about Terra

High Court Shifts Extradition Route for Terraform Labs’ Do Kwon to South Korea

In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition...

Terraform Labs Accuses SEC Of ‘Government Overreach’ In Legal Defense Dispute

In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons. The firm argues that the SEC’s...

Montenegro Court Halts Extradition of Terra’s Do Kwon to the US

In a pivotal legal reversal, Montenegro’s Court of Appeals has annulled the extradition of Terraform Labs co-founder Do Kwon to the United States, siding with his defense’s appeal and invalidating a prior High Court ruling from Feb. 20. M...

Terra Founder Do Kwon Wins Appeal, Avoids US Extradition For Now

On Tuesday, March 5, the Appellate Court of Montenegro has overruled the decision of the High Court of Podgorica, which had approved the extradition of Terraform Labs co-founder Do Kwon to the United States for criminal prosecution. The decision, dat...

Terra Classic Poised To Reawaken As Binance Burns 2.2 Billion LUNC

Binance, the world’s largest cryptocurrency exchange, has executed a large-scale token burn, opting to incinerate over 2 billion LUNCs in a single day. Binance Initiates Massive LUNC Burns A new report from a Terra Luna army member on X (formerly T...

Terraform Labs Founder Do Kwon Faces Extradition Delay in Montenegro Amid SEC Fraud Allegations

Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last year...

Terraform Labs Under SEC Scrutiny For Alleged Funds Misappropriation In $166M Law Firm Payment

According to a Reuters report, the US Securities and Exchange Commission (SEC) has raised concerns regarding Terraform Labs’ hiring of the law firm Dentons and the payment of litigation costs for its employees during the company’s bankrup...

SEC opposes Terraform’s $166M Dentons retainer amid legal battle

SEC legal battle with Terraform Labs over TerraUSD collapse continues to unfold. Funds allegedly diverted from investors and creditors to an “opaque slush fund” for lawyers. Terraform Labs faces intensified scrutiny as the SEC challenges...

SEC Vs. Do Kwon: Trial Will Commence In Absence Of Terra Founder

The legal saga surrounding Terraform Labs co-founder Do Kwon is taking another pivotal turn as the US Securities and Exchange Commission (SEC) prepares to commence its civil trial against him on March 25, despite his likely absence due to extradition...

Terra Classic (LUNC) Community Approves Landmark Proposal to Burn 800 Million USTC

The Terra Classic community has voted in favor of a proposal to burn 800 million USTC through contract migration, marking a pivotal governance decision. (Read More)

Terra Luna Classic and Jupiter Misery continue to slide down crypto rankings

Terra Luna Classic and Jupiter continue their downward trend as they decline in rank, leaving investors searching for promising alternatives. NuggetRush has raised over $2.3 million in presale funds, and investors anticipate its official listing on...

Terraform Labs’ Do Kwon to be extradited to US after court ruling

High Court in Montenegro has ruled to allow Terraform Labs’ Do Kwon to be extradited to the US. Kwon faces US fraud charges tied to losses from UST stablecoin collapse. SEC alleges Kwon raised billions through unregistered crypto transactions....

Crypto Headlines Of The Week: Bitcoin, Shiba Inu, & Terra Fuels Inferences - CoinGape

Crypto Headlines Of The Week: Bitcoin, Shiba Inu, & Terra Fuels Inferences& & CoinGape

Terra Classic (LUNC) Is ‘Ready To Explode’, Analyst Warns

Amid the market-wide recovery going on in the crypto market, altcoins such as Terra Classic (LUNC) have stood out to crypto analysts due to their fundamentals being more bullish than others. Crypto analyst Mr. Diamondhandz has elaborated on how bulli...

Do Kwon’s Ex-Terra Financial Chief Pressed With Charges In South Korea

The former Chief Financial Officer of Do Kwon’s Terraform Labs Korea, Han Chang-joon, 37, has been officially detained following the issuance of an arrest warrant by the Seoul Southern District Court, as local news agency Newsis reports. The co...

Legal Twist Keeps Terraform Labs’ Co-Founder Do Kwon in Montenegro, Appeals Court Questions Extradition Grounds

Following the Montenegro Appeals Court’s decision to reject the extradition requests for Terraform Labs co-founder Do Kwon, the panel from the Appeals Court has nullified the latest decision by Podgorica’s High Court to extradite Kwon to...

Do Kwon Gets The Sam Bankman-Fried Treatment As Insider Testifies Against Terra Founders

Terra founder Do Kwon and co-founder Shin Hyun-Seong of the failed crypto project are still fighting legal battles almost two years after the devastating collapse of the network. This time around, the co-founders of the network are having to fight al...

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud. (Read More)

Former Terraform Labs Financial Officer Has Been Extradited to South Korea — Montenegro Police

Montenegro recently extradited the former Terraform Labs financial officer Han Chang-joon to South Korea where he faces fraud-related charges. According to the Montenegro police, the decision to extradite Han was made by the country’s Justice M...

South Korea Nets Key Figure In Terraform Collapse: Do Kwon’s Former CFO Extradited

In a major development for the ongoing investigation into the spectacular crash of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company’s former chief financial officer, has been extradited to South Korea. This fo...

Terraform Labs’ Former CFO Extradited to South Korea to Face Criminal Charges

After months of deliberation, Montenegrin authorities have extradited Han Chang-joon, Terraform Lab's Former Chief Financial Officer, to South Korea, according to a notice by the Government of Montenegro. This move occurred as the US and South Korea...

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