Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission.
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A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission.
Terraform Labs and its founder Do Kwon must face fraud allegations brought by the U.S. Securities and Exchange Commission, a federal judge in Manhattan ruled on Monday.
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.
On July 24, Arkham Intel Exchange, a platform with a specific focus on investigating blockchain, announced that they have received their inaugural submission concerning wallet addresses. The submission is directly associated with Do Kwon and Terraform Labs, marking an intriguing start for the service.
As the freshly appointed interim CEO of Terraform Labs, Chris Amani is staring down a steep ascent. His biggest obstacle?
The submission by two "on-chain sleuths" includes evidence of wallets owned by Kwon and Terra.
Arkham Intelligence, a crypto data provider, has disclosed crucial information regarding the crypto holdings and wallet activity of Terraform Labs and its founder, Do Kwon. The revelation came from an anonymous sleuth and renowned crypto analyst, ErgoBTC.
The highly controversial Arkham Intel Exchange has approved its first-ever bounty hunt, with crypto sleuths set to go after crypto wallets belonging to Terra co-founder Do Kwon. With Do Kwon currently languishing in a Montenegrin jail, crypto users have long been trying to seek out any information regarding his crypto wallets.
Arkham Intel Exchange on Monday said two blockchain sleuths had won the bounty for new evidence of wallets owned by Terraform Labs and its imprisoned co-founder Kwon Do-hyeong.
Arkham Intel Exchange has awarded a bounty for submitting evidence of a wallet associated with Do Kwon and Terraform Labs. The platform awarded 9,519 ARKM to the bounty hunters.
The first-ever bounty hunt has been facilitated by the Arkham Intel Exchange, a platform that uses a bounty system to encourage users to discover on-chain data which launched on July 10.
Key Points: Arkham Intel Exchange has proudly announced its first approved submission: a treasure trove of evidence shedding light on the wallets owned by Do Kwon, the visionary mind behind Terraform Labs.
Terra co-founder Do Kwon is currently in Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.
The payout for the approved bounty submission is 9,519.26 ARKHM, which is worth $4,950.
The SEC has hinted it may be set to appeal a recent court ruling against the agency in its case against Ripple Labs and the XRP token.
The US Securities and Exchange Commission (SEC) has added additional documents to its lawsuit against Terraform Labs and its CEO Do Kwon.
Terraform Labs, the blockchain-focused company behind Terra (LUNA), finds itself facing significant challenges as it navigates through frequent accusations against its former CEO, Do Kwon.
This month's partial victory for Ripple in its long-running legal fight with the Securities and Exchange Commission is now being used as a possible means to toss out a different crypto court battle.
The Wall Street Journal reports that Terraform Labs has appointed Chris Amani as the new, interim CEO of the crypto firm, while founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. "The Hash" panel discusses the latest developments.
This week's hiring news was dominated by two crypto firms mired in controversy: FTX and Terraform Labs.
The SEC has signaled that it will appeal the ruling by Judge Analisa Torres about XRP not qualifying as a security. The ruling was cited by Do Kwon in his motion to dismiss the regulator's lawsuit against him.
SEC lawyers told a federal judge that portions of the Ripple Labs case that went against the agency were wrong and should be ignored.
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 beleaguered blockchain project.
Terraform Labs' new interim CEO is leaving the door open for the return of Do Kwon, but has a mammoth task ahead if he's to revitalize the company behind failed stablecoin Terra (UST).