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Tag: Terraform Labs

ConsenSys Sues SEC Over Unregistered Broker Claims

Blockchain | by Max Cosmo | April 25, 2024

ConsenSys has sued the SEC and its five commissioners over plans to regulate ETH as a security, claiming it would have a […]

U.S. Stablecoin Bill Targets Transparency Without Naming Tether

Blockchain | by Max Cosmo | April 18, 2024

On April 17, Senators Kirsten Gillibrand and Cynthia Lummis introduced the 2024 Lummis-Gillibrand Responsible Payment Stablecoin Act. This bill updates the stablecoin […]

Crypto Mogul Do Kwon Sentenced for Passport Forgery Amid Global Fraud Allegations

Blockchain | by Ben Gupta | June 23, 2023

In a development that underscores the precarious regulatory environment surrounding the crypto industry, Do Kwon, the co-founder of Terraform Labs, has been […]

South Korean Authorities To Revoke LUNA Founder’s Passport and Speed Up Deportation

Blockchain | by Ben Gupta | September 17, 2022

South Korean prosecutors have intensified their attempts to capture Do Kwon, the co-founder and the chief executive officer of Terraform Labs, with […]

‘I Am Heartbroken’ Over Pain Caused By UST Collapse, Says Terra Luna Founder

Blockchain | by Ben Gupta | May 22, 2022

Do Kwon, the creator of Terra recently mentioned in a tweet thread that he was “heartbroken” about his creations losing functionally all […]

Terraform Labs Legal Team Allegedly Leaving The Company

Blockchain | by Ben Gupta | May 22, 2022

The continuing saga with Terraform Labs, the blockchain developer behind Terra, took a turn following a purported alteration in employment status for […]

Terra Purchases 200 Million USD Worth of AVAX For Reserves

Blockchain | by Ben Gupta | April 18, 2022

Terraform Labs and the Luna Foundation Guard have declared that they have bought a combined two hundred million dollars worth of AVAX […]