Search
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
5.1.2024
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is right about platforms like Coinbase and Binance...
SEC Whistleblower Reveals Chai Payments App in Terra Ecosystem Didn’t Use Crypto
31.12.2023
Source: Adobe/Casimiro Four crypto tokens sold by Do Kwon and his co-founded company, Terraform Labs, has been qualified as unregistered securities. The tokens in question are TerraUSD (UST), LUNA, wLUNA, and Mirror Protocol (MIR), according to a recent summary judgment ruling by Judge Jed Rakoff...
The Mirror Protocol Unveils Groundbreaking Pre-sale on its Cutting-Edge Dashboard
29.4.2023
PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to seamlessly diversify their portfolios with the most sought-after...
Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
22.4.2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using...
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from...
Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September
9.6.2022
The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse
Terra’s Mirror Protocol Survival in Question as Exploit Continues and Devs are 'Completely MIA'
31.5.2022
Decentralized finance (DeFi) project Mirror Protocol has been reportedly suffering an ongoing exploit over the past couple of days that allowed bad actors to drain four synthetic asset pools from the protocol, with the potential to drain funds from all other pools in the coming days.
At...
Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit
31.5.2022
An error on the pricing oracle software for Terra Classic validators opened the door for an exploiter to drain four synthetic asset pools from the Mirror Protocol
Terra’s Mirror Protocol Allegedly Suffers New Exploit
31.5.2022
Community users are raising the alarm about a possible bug in the LUNC pricing oracles
While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations
30.5.2022
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid...
Terra's Anchor Protocol erases 'crypto winter' losses, ANC price rebounds 300% in a month
3.3.2022
ANC price risks becoming overheated, however, after a major rally
Terra's Mirror Protocol MIR rebounds 40% two days after crashing to record low
27.2.2022
The massive move upside had MIR form a golden cross
New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas
21.2.2022
A recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second week of November 2021, the U.S. regulator filed...
Terra's Mirror Protocol shows first signs of bottoming after price gains 30% in 48 hours
16.2.2022
The optimistic outlook emerges as Mirror's native token MIR bounces 30% in two days amid the formation of a classic bullish reversal pattern
Terra's Mirror protocol warns community against governance attack
25.12.2021
The attacker launched a public poll on Mirror’s official website, which falsely proposes a freeze on the community pool in case of a scam. If executed as planned, the attacker would receive 25 million MIR tokens
SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol
15.11.2021
The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address....
Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound
15.9.2021
The jump in UNI/USD rates has quickly met with sellers at local top levels
Mirror Protocol silently rallies 30% overnight despite crypto market slump
17.6.2021
The decentralized finance protocol's native token MIR jumps over 30% overnight as traders' attention shifts to its protocol upgrade and Gemini listing