Do Kwon’s fallout: Terraform Labs to shut down after $4.47B penalty
Terraform Labs’ closure and $4.47 billion SEC settlement reveal the consequences of crypto fraud. Cases involving Kwon, Zhao, and Bankman-Fried ...
Tag: Terraform
Terraform Labs and Do Kwon Settle with the SEC (for $4.5 Billion USD!)
TL;DRYesterday, Terraform Labs and its former CEO, Do Kwon, agreed to settle their SEC fraud case…for $4.5 billion.Full StoryYesterday, Terraform ...
Terraform Labs Just Filed for Bankruptcy…and It’s Somehow a Good Thing?
TL;DRTerraform Labs (TFL) is the company responsible for creating the bear-market-starting dumpster fire of a stablecoin known as ‘UST.’Terraform Labs ...
LUNC slides as SEC triumphs over Terraform Labs in latest update
Journalist Posted: December 30, 2023 After a court declared LUNA and MIR security, LUNC’s price dropped. The token may reverse ...
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