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The ongoing legal drama between blockchain companies and regulatory authorities has entered a new phase, as the Securities and Exchange Commission (SEC) initiates a strong legal move against Terraform Labs PTE LTD and its leader, Do Hyeong Kwon. In a recent filing with the United States District Court in the Southern District of New York, the SEC has expressed its intent to either depose Kwon, who is currently in Montenegro, or prevent the defendants from using a declaration from Kwon in their summary judgment.

Dark Clouds have always encircled the terra community, and minting is not new in the ecosystem. Recently, in response to the UST de-pegging crisis, the Terra Classic community has taken a crucial step to salvage the struggling Terra Classic UST tokens.

In a twist of events that spans international borders, the U.S. Securities and Exchange Commission (SEC) is pursuing the deposition of Terraform Labs co-founder Do Kwon in its ongoing lawsuit, all while Kwon finds himself imprisoned in Montenegro on passport fraud allegations. This legal tangle raises questions about Kwon's potential extradition and the SEC's tactics.

The Terra Classic community has voted to stop the minting and reminting of Terra Classic UST tokens, hoping this will help the failed stablecoin regain its value.

The SEC has filed a motion in the United States District Court for the Southern District of New York against Terraform Labs and Do Hyeong Kwon. The commission is seeking the court's permission to notice a deposition from Kwon or to preclude the defendants from using a declaration from him.

The U.S. Securities and Exchange Commission (SEC) has taken a significant step in the ongoing Terra lawsuit, filing a motion that calls for the court to allow the testimony of defendant Do Kwon.

In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs and co-founder Do Kwon, the SEC seeks deposition from Kwon. Meanwhile, Do Kwon remains in prison in Montenegro until the end of the year for passport fraud allegations, with extradition proceedings yet to begin.

A crypto expert named Will Clemente believes that Alameda Research, which is connected to the cryptocurrency exchange FTX, faced serious financial trouble starting in May 2022. This was when the Terra Luna ecosystem had big problems.

In response to the recent surge in spam proposals within the Terra Luna Classic community, members are actively voting on Proposal 11780. This initiative aims to address the issue by increasing the minimum deposit required to submit a proposal from 1 million to 5 million LUNC.

The Terra Luna Classic community is currently voting on Proposal 11780. This initiative aims to combat the surge in spam proposals by raising the minimum deposit amount from 1 million to 5 million LUNC.

In a significant development within the Terra Luna Classic community, members are currently casting their votes on a proposal that could have far-reaching implications for the USTC stablecoin. The proposal seeks to bring the USTC peg back to its intended value of $1 and breathe new life into the LUNC token.

The Terra Luna crash which happened last May caused many to lose their life savings and lose their faith in so-called stablecoins. Was this due to what started as a “speculative bet”?

The Terra Luna Classic community is deciding whether to make a big change to their blockchain with an upgrade called v2.2.1. While they are voting on this, tokens in the Terra ecosystem like LUNC, LUNA, and USTC are getting traded a lot.

The Terra Luna Classic community votes on a proposal for the v2.2.1 core upgrade by developer L1 Task Force to bring significant changes to the blockchain. Terra ecosystem tokens LUNC, LUNA, and USTC recording massive trading volumes amid the passing of key proposals and the v2.2.1 core upgrade is up for governance voting.

Terra Luna Classic's new proposal eyes the introduction of a decentralized debit card. The crypto's new validator revealed a LUNC debit card concept to heighten utility and increase burn rates. The community has started voting on Proposal 11750, and many seem ready for the new functionality.

The TRON founder has built a crypto empire that would cause collateral damage if it collapsed.

The Terra ecosystem tokens have seen a significant drop in value over the past two weeks. Terra (LUNA) and Terra Classic (LUNC) prices plummeted by more than 20% amid issues with Terra Money domains and the Station wallet.

As phishing scams target its users, Terra Blockchain froze its website on 22 August and warns users to not interact with any site using the terra(dot)money domain.

A judge has granted the U.S. Securities and Exchange Commission (SEC) permission to work with international authorities to question one of the co-founders of Terraform Labs. Court records indicate that District Judge Jed S.

Terra (LUNA) has issued a critical announcement to its users following phishing attempts on its website.

Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes.

The official website for the Terra (LUNA) project has been compromised by a malicious entity that is using the ‘terra(dot)money' domain as a phishing platform to collect users' sensitive data like private keys, smart contracts access through wallets, and other private information, such as IPs.

The SEC is inquisitive about Chai Corporation's alleged interconnection with TerraForm Labs.

The United States Securities and Exchange Commission (SEC) is intensifying its investigation of Terraform Labs by partnering with the South Korean government for a deeper probe into the company's operations.