UST Financial News

31.10 / 15:53

Terraform Labs Luna UST Do Kwon’s Unreasonable Operations Led to Terraform Collapse: Co-founder Shin Denies Involvement

The co-founder of Terraform Labs Daniel Shin has denied involvement in the collapse of the Terra Network pointing fingers at former CEO Do Kwon.

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.

13.10 / 12:19

TerraUSD Citadel Terraform Labs Terra UST Terraform Labs Alleges Citadel Securities' Role in Stablecoin Depegging Conspiracy

Terraform Labs, the entity behind Terra (LUNA) and TerraUSD (UST), has accused market maker Citadel Securities of a "concerted, intentional effort" to cause the collapse of its stablecoin in May 2022.

07.08 / 17:47

Stablecoin PayPal USDT Terra UST Global Payment Firm PayPal Launches Crypto Stablecoin – How Does it Work?

Global digital payments giant PayPal Holdings Inc. is stepping into the stablecoin market.

16.06 / 10:27

Terra Luna UST Extradition Terra Luna Founder Do Kwon to Stay in Custody Amid South Korea's Extradition Request

Do Kwon, the founder of failed blockchain project Terra, could stay in custody for up to six months while Montenegro's courts consider an extradition request from South Korea.

14.05 / 16:31

Terra UST Alleged TerraUSD Price Manipulation Results in $1.3B Lawsuit Against Jump Trading

Jump Trading has been sued for conspiring to manipulate the price of TerraUSD (UST) following the stablecoin’s unprecedented collapse.

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