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Nalezeno "terra": 1472

Report: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea


Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is suspected of deceiving investors and accumulating...

South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security


Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...

Do Kwon Lawyers: SEC Has No Terra Jurisdiction – Could CEO Walk Free?


The legal team of the Terraform Labs Co-founder and CEO Do Kwon has hit out at the United States Securities and Exchange Commission (SEC) – claiming Terra coins are not securities. The lawyers claimed that the SEC charges against Terraform, Kwon, and other executives are baseless. And they filed...

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