terraform labs
Judge Denies Terraform Labs' Motion to Dismiss SEC Lawsuit, Rejecting Ripple Ruling Precedent
Stablecoin issuer Terraform Labs' motion to dismiss a lawsuit from the U.S. Securities and Exchange Commission (SEC) was denied by a federal judge on Monday. The judge also said he rejected the use of a ruling from Judge Analisa Torres who ruled that Ripple did not violate securities law in selling XRP to retail investors through an exchange intermediary. CoinDesk's global policy and regulation managing editor Nikhilesh De shares the latest developments.
Terraform Labs Taps Interim CEO as Do Kwon Faces Fraud Charges: WSJ
The Wall Street Journal reports that Terraform Labs has appointed Chris Amani as the new, interim CEO of the crypto firm, while founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. "The Hash" panel discusses the latest developments.
Outlook for Singapore's Crypto Industry After Terraform Labs, 3AC Implosions
Zhuling Chen, founder and CEO of RockX, discusses the lessons learned after the collapse of crypto darlings Terraform Labs and Three Arrows Capital. “It was an alert to everyone, both to the government and also to people that were embracing the innovations,” Chen said.
Terra's Do Kwon Sentenced to 4 Months Jail By Montenegro Court
Terraform Labs founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. The South Korean national was arrested in the Balkan nation back in March for the alleged possession of falsified documents. The Hash" panel discusses the latest legal developments for Kwon, as both South Korean and U.S. authorities have requested his extradition to face criminal charges related to the collapse of the multi-billion dollar crypto enterprise Terra in May 2022.
There Are Details About Terraform Labs Still Unknown: Former Paxos Exec
Terraform Labs co-founder Do Kwon will remain in detention while he faces charges of falsifying official documents in Montenegro after a request for bail was approved and later revoked. This comes as Terraform Labs co-founder Daniel Shin’s trial was postponed in South Korea. Columbia Business School adjunct professor and former Paxos head of portfolio management Austin Campbell shares his expectations about the details that could come to light amid the legal proceedings.
Do Kwon’s Detention in Montenegro Extended
Terraform Labs co-founder Do Kwon will stay in detention while he faces charges of falsifying official documents in Montenegro. This comes after a request for bail was approved and later revoked. Austin Campbell, Columbia Business School Adjunct Professor and former Paxos Head of Portfolio Management, discusses his take on the latest developments around the Terra ecosystem and the outlook for stablecoin regulation.
Laura Shin Reflects on Crypto's Evolution in the Last Decade
As part of CoinDesk Turns 10, "The Cryptopians" author "Unchained" podcast host Laura Shin joins "First Mover" to reflect on the past, present, and future of the crypto industry. Shin discusses the lessons learned from the rise and fall of Sam Bankman-Fried's FTX, Do Kwon's Terraform Labs, and unpacks the history of Ethereum.
Rep. McHenry Grills SEC on Crypto in New Letter
House Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) accused the SEC of stonewalling questions on digital assets and threatened another hearing. Meanwhile, Terraform Labs founder Do Kwon is set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues, a court notice from Friday shows. CoinDesk's Managing Editor for Global Policy and Regulation, Nikhilesh De, shares the latest developments in crypto regulation.
Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case
Terraform Labs founder Do Kwon is set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues, a court notice from Friday shows. CoinDesk's Managing Editor for Global Policy and Regulation, Nikhilesh De, breaks down the latest developments.
Attorneys for Terraform Labs Founder Do Kwon Propose $437K Bail
Attorneys for Do Kwon have proposed that the Terraform Labs founder be let off on supervised bail at 400,000 euros ($437,000) as he faces charges in Montenegro for attempting to travel with falsified documents. "The Hash" panel discusses the latest developments as Kwon faces extradition to the U.S. or South Korea.