Keep up with what's happening in the crypto world in real-time.
All Filters (1)
A federal trial court jury has found collapsed crypto company Terraform Labs and its founder Do Kwon liable in the fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in February last year.
The verdict is in, my dudes and dudettes! Do Kwon and Terraform Labs have officially been found liable for misleading their investors.
Last week, a jury in New York declared Terraform Labs and its founder Do Kwon guilty of fraud charges. The meme coin narrative garnered attention, and Ripple looked to launch a USD-backed stablecoin.
The jury found Terraform Labs and Do Kwon guilty of fraud in a civil case brought by the U.S. Securities and Exchange Commission (SEC). Despite their disappointment, Terraform and its executives are exploring options, questioning the SEC's authority to file the case.
The jury held Terraform Labs and Do Kwon liable for fraud, ruling in favor of the U.S. Securities and Exchange Commission (SEC) in the U.S. civil case. However, Terraform and executives are disappointed with the verdict and considering options and next steps believing that the SEC doesn't even have the legal authority to bring this
One of the latest legal developments in the Montenegro Supreme Court relate to demands for Kwon of Do extradition, the co-founder of Terraform Labs Inc., which is quite a heavy knock with Kwon, because of a lot of legal challenges, that he has faced before.
Following a nine-day trial, a jury in the United States District Court for the Southern District of New York has found Terraform Labs PTE Ltd. and its former CEO, Do Kwon, guilty of defrauding investors in crypto asset securities.
On April 5, Terraform Labs and co-founder Do Kwon were found guilty by a Manhattan jury for defrauding investors, following SEC accusations. Terraform Labs plans to appeal the verdict, challenging the SEC's jurisdiction and the jury's decision.
On April 5, a jury in Manhattan gave a civil verdict for Terraform Labs and its co-founder Do Kwon to defraud clients. The allegations were brought up by the US Securities and Exchange Commission (SEC).
On April 5, a Manhattan jury found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the US Securities and Exchange Commission (SEC).
erraform Labs and Do Kwon face a guilty verdict for defrauding investors in a landmark case, highlighting the need for regulatory compliance in the crypto market.
The Supreme Court of Montenegro has overturned a previous lower court ruling on the extradition case involving Do Kwon, co-founder of Terraform Labs.
According to a Friday report by Bloomberg, a United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022.
The legal tussle between the US and South Korea continues as well.
A New York jury in Manhattan Federal Court has found the Singapore-based Terraform Labs and its founder Do Kwon, liable for civil fraud charges. The verdict was passed after just two weeks of trial, which held the U.S.
Terraform Labs and co-founder Do Kwon were found liable for defrauding investors in the TerraLUNA collapse, which caused $40 billion in losses.
In February 2023, the SEC charged Terraform Labs and Kwon over the algorithmic stablecoin Terra USD, which collapsed dramatically a year earlier. Civil Fraud Verdict Against Terraform Labs and Co-Founder Do Hyeong Kwon A jury has found both Terraform Labs and its co-founder, Do Hyeong Kwon, guilty of misleading investors and liable for civil fraud, as reported by multiple sources.
Following a nine-day trial, a jury found Terraform Labs and its co-founder Do Kwon liable for defrauding investors who lost billions when TerraLUNA collapsed in 2022. The SEC announced the verdict on April 5 in a press release.
A jury in a U.S. District Court has found Terraform Labs and its co-founder, Do Kwon, liable for defrauding investors in crypto asset securities. The court found earlier that the company and Kwon unlawfully offered and sold crypto asset securities, the Securities and Exchange Commission (SEC), which brought the lawsuit, said in a Friday (April 5) statement.
Terraform Labs co-founder Do Kwon has been found liable for fraud in a United States government lawsuit over the collapse of the firm in 2022. SEC Sues For Liability Charges Against Terraform Labs Following a two-week-long trial in New York, the court came to the conclusion that Do Kwon and Terraform Labs misled investors in
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs' co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks.
A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST's stability.
Many Terra (LUNA) investors are primarily interested in monitoring speculative price fluctuations. Despite this, some remain optimistic about the project's potential for recovery.
Jurors took a short time to deliberate on the evidence presented by the U.S. Securities and Exchange Commission and Terraform Labs before reaching a verdict.
