Terraform Labs News

Lawyers for Terraform Labs co-founder Do Kwon appealed the Supreme Court of Montenegro's decision to extradite the entrepreneur.

Regulators in the United States are seeking $5.3 billion in fines from Terraform Labs and its co-founder, Do Kwon, following a verdict in its civil case. According to an April 19 filing with the U.S. District Court for the Southern…

A Montenegrin court has again moved forward with Do Kwon's extradition after it was annulled last week

A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST's stability.

Per the High Court decision, Do Kwon will be released from prison in Spuž on Saturday but will not be allowed to leave Montenegro.

The Prosecutor General's Office of Montenegro says the decision to deport Terraform Labs founder Do Kwon to South Korea was illegal.

The Terraform Labs and UST crisis triggered a market crash, costing investors billions. Now, nearly two years on, what’s the current state of this cryptocurrency turmoil? Do Kwon, the founder of Terraform Labs and the developer of TerraUSD (UST) and…

Do Kwon’s Terraform Labs, the company responsible for the collapsed Terra cryptocurrency project, is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission (SEC) regarding accusations of a $166 million “slush fund,” as its bankruptcy proceedings…

The crypto entrepreneur Do Kwon, best known for his failed algorithmic stablecoin, will likely skip the beginning of a civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. Terraform Labs founder Do Kwon will likely skip the start…

Do Kwon’s extradition to the U.S. was decided on Feb. 21, but his attorneys are not surrendering arguments against the decision by a Montenegro High court.

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…

Montenegrin authorities have extradited Han Chang-joon, the chief financial officer of the now-defunct cryptocurrency firm Terraform Labs, to South Korea. According to Reuters, citing the Montenegrin Ministry of Justice, Han Chang-joon, and Terraform Lab CEO Do Kwon, accused in the…

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…

Bitcoin recovers despite massive outflows from spot Bitcoin ETF products; BTC confiscated from Silk Road gets sold; Terraform Labs goes bankrupt.

Amidst legal turmoil and Terraform Labs’ collapse, Do Kwon’s Serbian venture Codokoj22 remains active. Terraform Labs, the company behind the $60 billion collapse in the crypto market, filed for Chapter 11 bankruptcy in the U.S. on January 21, nearly two…

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…