Terra News

Ethena price has stabilized in the past three days as the developers continued to attract USDe integrations. ENA was trading at $0.58 on Thursday, 12.5% above its lowest level this month. It remains 48% below its all-time high. Ethena’s developers…

South Korean prosecutors have found new evidence alleging that Terra founder Do Kwon conspired with former Chai CEO Shin Hyun-Sung to deceive investors with fake transactions. Terraform Labs co-founder Kwon Do-Hyeong, a central figure in the collapse of the Terra…

Terraform Labs plans to dissolve, leaving the Terraform community to monitor the blockchain ecosystem.  In the wake of a $4.47 billion settlement with the SEC, Terraform Labs has announced plans to dissolve, leaving the blockchain’s future in the hands of…

Another twist in the extradition saga of Terraform Labs founder Do Kwon revealed that the forgery convict will not return to his native South Korea just yet. 

South Korean authorities inched closer to accosting Do Kwon over Terra’s $60 billion collapse following a March 20 court ruling in Montenegro.

Do Kwon is set to return to his native South Korea for criminal prosecution two years after the collapse of Terra’s tokens, which shook the crypto industry.

The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges.

Terra founder Do Kwon will be extradited to the U.S. following months of back and forth between courts in Montenegro.

The Montenegro Court of Appeals revoked Do Kwon's extradition to his native South Korea or the U.S. for a second time. 

A former team leader of Terra reportedly testified against Do Kwon, saying he knew that the project was legally problematic. The 14th Criminal Division of the Seoul Southern District Court engaged the first witness on Feb. 5 in a case…

Singapore-based Terraform Labs says its recent bankruptcy filing will help it pursue a “do-or-die” appeal against the U.S. Securities and Exchange Commission (SEC). According to a Reuters report, Terraform Labs, the developer behind the Terra blockchain ecosystem, filed for bankruptcy…

Terraform Labs, the blockchain firm behind the notorious Terra ecosystem, has filed for bankruptcy in the U.S. a month after a court ruled that the firm violated the U.S. laws. In court documents filed on Jan. 21, the Singapore-based blockchain…

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.

Do Kwon, ex-CEO of Terra, is seeking to delay the SEC trial against him and his former company so he can attend the trial. Kwon’s legal team has officially asked a US court to defer the trial, citing uncertainties about…

Explore defi's initial promise in revolutionizing finance and its journey through market fluctuations and challenges.

The legal team of Terraform Labs and Do Kwon have agreed with the SEC on maintaining the confidentiality of certain documents in their trial.