Terraform Labs to open Crypto Loss Claims Portal for creditors of Terra USD collapse on March 31, 2025.
SEC sues Tai Mo Shan for allegedly misleading investors about Terra USD (UST) stability. The company's accused of deception concerning this algorithmic stablecoin's reliability. Legal actions by regulatory bodies like the SEC emphasize the importance of transparency in the crypto world. Stay informed about the ongoing regulatory crackdowns.
SEC alleges Tai Mo Shan lied about Terra USD's stability, leading to fines for illicit profits.
SEC slams Tai Mo Shan with fraud charges over Terra USD stability lies. They misled investors about the UST, an algorithmic stablecoin, and unlawfully dealt with LUNA. It's a big move against Terraform's activities.
Extradition of Terra (LUNA) founder Do Kwon to South Korea has been halted again.
A New York judge found Do Kwon and Terraform Labs guilty of misleading investors over their algorithmic stablecoin Terra USD in a lawsuit with the SEC.
A New York jury has found Do Kwon and his company Terraform Labs liable for fraud after the SEC accused them of deceiving investors over their algorithmic stablecoin, Terra USD.
Do Hyeong Kwon, Terraform Labs co-founder, was found liable for fraud by a jury, having misled investors regarding the Terra USD stablecoin, which collapsed in 2022.
