Terraform Financial News
31.07 / 21:49
SEC
Terraform
SEC Shares Compensation Claim Info For Terraform Fraud Victims
The United States Securities and Exchange Commission (SEC) is now sharing information to help crypto victims affected by Do Kwon’s Terraform Labs collapse file compensation claims.
01.08 / 20:56
Terraform
Terraform Labs
Montenegro Court
Montenegrin Court Orders Do Kwon’s Extradition to South Korea, Rejects U.S. Appeal
Terraform Labs co-founder Do Kwon is set to be extradited from Montenegro to his native South Korea following a ruling from the Balkan nation’s court of appeals on Thursday, August 1.
19.06 / 13:05
Terraform
Terra Luna
Montenegrin Prime Minister Was an Early Investor in Terraform Labs
Montenegrin Prime Minister Milojko Spajic was an early investor in the failed crypto project Terraform Labs.
12.06 / 19:41
29.02 / 10:47
Lawsuit
Terraform
SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On?
The United States Securities and Exchange Commission (SEC) has flagged Terraform Labs $166 million in payments to Denton since 2023.
31.10 / 07:08
Ripple
SEC
Terraform
Luna
UST
Do Kwon and Terraform Labs Submit Motion for Case Dismissal against U.S. SEC
Terraform Labs and co-founder Do Kwon have filed a motion for summary judgment against the U.S. Securities and Exchange Commission (SEC), seeking to dismiss allegations of multi-billion-dollar securities fraud. This move could prevent a lengthy trial if the judge rules in Terraform’s favor.
12.04 / 13:33
cryptocurrency
Tesla
Terraform
Bitcoin
Reserve
Cryptoverse: 10 billion reasons bitcoin could become a reserve currency
bitcoin to back its own «stablecoin» is firing up the market. It's part of a wider movement to crown bitcoin as the reserve currency of a new age. Seoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth $1.7 billion in a series of purchases via a non-profit affiliate, Luna Foundation Guard, according to publicly available blockchain data. The spree follows Terraform co-founder Do Kwon's announcement on Twitter last month that the project would buy the $10 billion worth of bitcoin reserves to underpin TerraUSD, breaking ranks with other large stablecoins — a ballooning class of cryptocurrencies that aim to minimise wild price swings and are typically backed by U.S. dollar reserves.
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