Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The SEC civil trial against Do Kwon and Terraform Labs for alleged fraud in Terra's stablecoin collapse has been postponed to mid-April to enable Kwon's extradition and presence after both parties requested a delay.
The core developer of Terra Luna Classic, L1TF, has shared plans for a significant security upgrade to enhance the overall security and stability of the platform. This move comes in response to the security concerns raised by the Terra Luna Classic community.
The commission opposed the requested separate trials for Terraform and Kwon, asserting the inconvenience it would impose on the process.
Terra Luna Classic core developer L1TF has announced a core security upgrade package to address the security risks and other concerns of the Terra Luna Classic community. The upgrade of core components will improve security and stability of the chain.
The Terraform Labs trial has now been postponed until after Do Kwon is successfully extradited to the US from Montenegro.
Before the approval of the spot, the Bitcoin ETF had created huge ripples across the crypto markets that boosted the bullish momentum. Unfortunately, the bears encashed up on the approval, which led to a drastic drop in the majority of the cryptos.
The SEC has postponed the trial of Terraform Labs and Do Kwon, pending Kwon's extradition to the US, for a $40 billion cryptocurrency fraud.
This delay is attributed to the legal challenges surrounding Do Kwon extradition to the U.S. while currently situated in Montenegro.
The U.S. Securities and Exchange Commission (SEC) has agreed to delay a trial against Terraform Labs and its former top executive, Reuters said on Jan. 15. The regulator said that a “modest” delay of the trial date is justified because Terraform Labs' co-founder, Do Kwon, intends to attend the trial.
The U.S. Securities and Exchange Commission is unopposed to delaying Terra's crypto fraud trial and instead open to waiting till Terraform co-founder Do Kwon is extradited.
The SEC agreed with a request from Do Kwon's legal team to potentially postpone the trial date but opposed severing his case with Terraform's.
The U.S. Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend.
Will LUNC price rise in the coming days? Let's take a look at this LUNC price prediction article.
The Terra Luna Classic community is taking a unique approach by incorporating Ethereum Virtual Machine (EVM) support into the chain. This strategic move goes beyond traditional chain developments, aiming to align the community-led Terra Classic chain with the latest technologies.
The Terra Luna Classic community looks beyond the typical chain developments to a more diverse approach by enabling Ethereum virtual machine (EVM) support on the chain. It will help the community-led Terra Classic chain to become compliant with new and emerging technologies, introducing many advantages.
Do Kwon, co-founder of Terraform Labs, has lodged another appeal against the Montenegro High Court's decision to uphold extradition requests from the United States and South Korea.
Montenegro High Court, reversing its November decision, upholds the validity of extradition requests, prompting the Do Kwon new appeal.
Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk.
Disgraced Terraform Labs founder Do Kwon is reportedly asking a judge to delay the U.S. Securities and Exchange Commission's (SEC) trial to March so he can make an appearance. In a new letter addressed to the court uncovered by Inner City Press, Kwon's lawyers ask District Judge Jed S.
Terraform Labs co-founder Do Kwon requests postponement of his U.S. trial, scheduled for January 29th, to mid-March due to extradition challenges in Montenegro. The SEC filed fraud charges against Kwon in February 2023, related to the collapse of TerraUSD and LUNA tokens.
Terraform Labs co-founder Do Kwon has requested that the judge in his fraud case delay the trial date, currently set for Jan. 29, 2024, because Kwon is still tied up in extradition proceedings in Montenegro. Terra's Do Kwon Requests Trial Postponement Due to Extradition Issues In a letter to U.S.
Terraform Labs co-founder and former chief Do Hyeong Kwon's legal defense team has requested an extension of their client's trial date. What Happened: “Mr.
Terraform Labs co-founder Do Kwon requests postponement of his SEC trial in the U.S., citing ongoing extradition challenges in Montenegro following crypto fraud charges.
Do Kwon, the co-founder of Terraform Labs, has requested a postponement of his trial in the United States District Court until March. The delay is attributed to ongoing extradition challenges faced by Kwon in Montenegro, as he seeks to resolve these issues to ensure his presence at the trial.
