Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May 2021, Kwon and Terraform Labs made a…
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Browsing Tag
terraform labs
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
The decision effectively puts a time-out on the ongoing tug-of-war over Kwon between South Korea and the United States. Both countries want to try Kwon for…
Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
Han was extradited to South Korea in February, and Kwon looked poised to follow. His Montenegrin lawyer, Goran Rodic, told CoinDesk Kwon was likely to be…
Terraform Labs Founder Wins Second Appeal Against Montenegro Extradition Decision
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Terraform Labs Declares Bankruptcy in Delaware
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore.…
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
"We strongly disagree with the decision and do not believe that the UST stablecoin or the other tokens at issue are securities. Further, the SEC’s fraud…