Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Te
Another chapter was published this week in the long and bizarre saga of Terraform Labs’ Do Kwon. The disgraced crypto founder will spend four months in a jail in Montenegro for falsifying offici
A high court in Montenegro overrode a lower court’s previous decision that would have released Terraform Labs founder Do Kwon on bail. Bloomberg first reported on the news. Kwon will remain in j
Terraform Labs co-founder Do Kwon pleaded not guilty in a Montenegrin court on Thursday to a charge of forging his passport and travel documents. Kwon’s hearing comes a month after Kwon and Chan
A spokesperson for South Korean prosecutors told TechCrunch that they are discussing Kwon's extradition with "related parties."
Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.
The U.S. Securities and Exchange Commission has charged the collapsed blockchain firm and stablecoin operator Terraform Labs and its founder Do Kwon with defrauding U.S. investors who purchased the di
A Seoul court rejected a request from prosecutors for warrants to detain eight people related to Terraform Labs, including the co-founder of Terraform Labs, Daniel Shin, early investors and former eng
South Korean prosecutors said Wednesday they have requested arrest warrants for eight people related to Terraform Labs for the alleged fraud as the local authorities widen their investigation into the
South Korea has ordered Do Kwon to surrender his passport, or risk getting it revoked, as the East Asian nation escalates actions against the crypto entrepreneur whose blockchain collapse earlier this
Luna Foundation Guard (LFG), a Bitcoin reserve co-founded by Do Kwon as a confidence backstop to protect the Terra ecosystem, refuted claims that it had transferred digital tokens to other crypto exch
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South Korean prosecutors have refuted Do Kwon’s claim from over the weekend that he is not on the run and asked Interpol to issue a red notice against the Terraform Labs’ co-founder, escal
A court in South Korea has issued an arrest warrant for Do Kwon, the founder of Terraform Labs, escalating its probe into the crypto ecosystem whose two tokens lost $40 billion in value in a span of d
There are some events in your life that you look back on and think to yourself, “Wow, that was a really tough time.” We all have memories like that and I think the crypto community definit
The idea of the "family" culture that businesses push for is seeping deeper into the crypto world as communities are formed on a toxic, cultish stance to unwaveringly back projects they're invested in
Is Terra’s Do Kwon the Bernie Madoff of crypto? Hello and welcome back to the Chain Reaction podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down blo
Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-doll
Terraform Labs' plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month has passed and been approved by the community.
As members of the Terra community try to pick up the pieces from its currently defunct economy, Polygon is beckoning to the dozens of developers who had projects built on the inoperative blockchain.