Terraform Labs has announced that its Crypto Loss Claims Portal will open on March 31, 2025, allowing creditors to file claims for losses related to the collapse of TerraUSD (UST) and its aftermath. The development follows Terraform Labs’ decision to wind down operations, a move confirmed by CEO Chris Amani ...
Terraform and Do Kwon's legal representatives have submitted additional documents in their bid to dismiss the complaint against their clients. However, the United States Securities and Exchange Commission (SEC) attorneys argued that these documents were insufficient to justify the dismissal of the case. On June 15, 2023, the attorneys filed ...
Do Kwon, the CEO of Terraform Labs, has pleaded not guilty in a Montenegrin court after being arrested for attempting to travel with fake documents on an international warrant, according to a report by Bloomberg. During the hearing, Kwon and his former CFO, Han Chang-joon, requested to be released on ...
South Korean authorities have discovered illegally obtained assets worth 414.5 billion won ($314.2 million) in possession of Terraform Labs' co-founder, Do Kwon, and his associates. Out of this amount, about 91.4 billion won ($69 million) has been directly linked to Kwon. Unfortunately, South Korean authorities are unable to recover any ...
