
Terraform Labs News
Latest Terraform Labs News

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Read more - Montenegro court approves Do Kwon’s extradition
The court in Podgorica made a positive decision in the extradition case of Terraform Labs founder Do Kwon. According to the document, the requests of both the South Korean and US authorities were satisfied. The final decision on where to…

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Read more - U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs
The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches

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Read more - Terraform Labs asks for early dismissal of SEC lawsuit
Terraform Labs has asked a judge to dismiss charges from the U.S. Securities and Exchange Commission (SEC) of multibillion-dollar securities fraud. The document says that the SEC did not prove that Terraform Labs offered unregistered securities for trading. “After two years…

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Read more - Citadel Securities accused by Terraform of acting in ‘bad faith’ over UST depeg incident
The legal fight between Terraform Labs and Citadel Securities over the 2022 UST stablecoin issue presents a complicated situation filled with accusations, calling for a careful and unbiased review to find out what really happened.

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Read more - Terraform Labs accuses Citadel of orchestrating UST stablecoin fall
Terraform Labs, founded by Do Kwon, has once again accused Citadel Securities of deliberately causing the depegging of its TerraUSD (UST) stablecoin in 2022. On Oct. 10, the company filed a motion in the United States District Court for the…

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Read more - Terraform Labs receives approval to subpoena FTX files
Judge John Dorsey from the U.S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case. District of Delaware’s U.S. Bankruptcy Court…

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Read more - Arkham unveils Terraform’s and Do Kwon’s secret holdings
Arkham Intelligence, a crypto data provider, has disclosed crucial information regarding the crypto holdings and wallet activity of Terraform Labs and its founder, Do Kwon. The revelation came from an anonymous sleuth and renowned crypto analyst, ErgoBTC. He won a…

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Read more - US SEC faults judge, hints at appealing Ripple ruling
The U.S. Securities and Exchange Commission (SEC) has hinted at the possibility of appealing the July 13 ruling in its lawsuit against Ripple Labs

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Read more - Terraform appoints interim CEO after Do Kwon’s arrest
Chris Amani, previously the COO and CFO, is now the CEO of Terraform Labs, succeeding co-founder Do Kwon

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Read more - Korean court conducts preliminary hearing for Terra co-founderÂ
The Seoul Southern District Court has conducted a preliminary hearing for Terraform Labs’ co-founder Daniel Shin and several other former project employees. Shin, the co-founder of Terraform Labs and former CEO of Chai Corporation, is set to undergo his initial…

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Read more - Jump Trading requests court to relocate Terraform lawsuit to California
Jump Trading, a leading trading company specializing in high-frequency and algorithmic trading approaches, seeks to move a lawsuit accusing it of manipulating the prices of Terraform’s stablecoin from Illinois to California. The company justifies this motion based on the grounds…

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Read more - Do Kwon to face multiple jail terms in South Korea and US
In a recent interview, prosecutors have raised the possibility of dual jail time for Terraform Labs co-founder as legal complexities arise between the US and South Korea.

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Read more - Montenegrin high court revokes bail for Do Kwon and former CFO
A Montenegrin high court has revoked bail for Terraform Labs co-founder Do Kwon and the former chief financial officer.

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Read more - Do Kwon allegedly withdraws $2.15m in stablecoins
After being granted bail by a court in Montenegro, Terra co-founder Do Kwon reportedly removed digital assets worth around 2.8 billion won ($2.15 million), according to several reports from South Korean media agencies.

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Read more - SEC filings uncover secret agreement between Jump Trading and Terraform Labs
Chicago-based crypto trading firm Jump Trading is once again facing scrutiny from the U.S. Securities and Exchange Commission (SEC) as new court filings shed light on a clandestine agreement between the company and the now-defunct Terraform Labs regarding the TerraUSD stablecoin.

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Read more - Montenegro court releases Terra founder Do Kwon on $436k bail
Terraform Labs founder Do Kwon and his former chief financial officer Han Chong-Joon have been granted bail by a court in Montenegro. According to media reports, the court decided to release Kwon and Han to house arrest under police supervision on…