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SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
9.11.2023
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated
Terra Luna Classic Price Prediction as Market Volatility Increases – Are Traders Still Bullish?
8.11.2023
The Terra Luna Classic price has risen by 1% in the past 24 hours, reaching $0.00006712 as the wider market posts a 1.5% gain today. LUNC is now up by 8.5% in a week and by 19% in the last 30 months, with the altcoin riding the market-wide rally of the past couple of weeks. […]
The post Terra...
SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud
6.11.2023
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its own, asserting the accountability of both...
CME Bitcoin futures hit record high, but uncertainty looms above $36K
3.11.2023
CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy
Terra Luna Classic Price as Sam Bankman-Fried Guilty Verdict Shifts Attention to Terra Founder Do Kwon’s Case
3.11.2023
The Terra Luna Classic price has dropped by nearly 4% in the past 24 hours, with the altcoin reacting badly to the news that a New York jury has found FTX’s Sam Bankman-Fried guilty of fraud. At $0.00006225, LUNC is now down by 1.5% in the past week, although it remains up by 10%...
SEC seeks summary judgment in Do Kwon and Terraform Labs case
3.11.2023
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities
SEC Asks Court for Summary Judgement Against Do Kwon, Terraform
3.11.2023
The request follows a move by Kwon's defense team to do the same
From payments to DeFi: A closer look at the evolving stablecoin ecosystem
31.10.2023
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape
Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report
31.10.2023
Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea
Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
30.10.2023
Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and he had nothing to do with it
Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform
26.10.2023
Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges
Terra Luna Classic Price Prediction as LUNC Spikes Up 4% – Is The Sell Off Over?
24.10.2023
Terra Luna Classic (LUNC), the cryptocurrency that powers the original Terra blockchain that saw a spectacular blow-up in May 2022 after is UST algorithmic stablecoin lost its 1:1 peg to the US dollar, is rallying this week.
Last at around $0.000061 per token and a market cap of around $360...
Terra Luna Classic Price Prediction as LUNC Lags Broader Crypto Rally – Here’s Why the Shitcoin Will Drop Another 20%
19.10.2023
Terra Luna Classic (LUNC), the cryptocurrency that powers the original Terra blockchain that saw a spectacular blow up in May 2022 after is UST algorithmic stablecoin lost its 1:1 peg to the US dollar, is lagging the broader market on Thursday.
Last at around $0.000055 per token and a market...
Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show
19.10.2023
Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
16.10.2023
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
16.10.2023
The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said
Terraform Labs Alleges Citadel Securities' Role in Stablecoin Depegging Conspiracy
13.10.2023
Terraform Labs, the entity behind Terra (LUNA) and TerraUSD (UST), has accused market maker Citadel Securities of a "concerted, intentional effort" to cause the collapse of its stablecoin in May 2022.
On October 10, Terraform Labs filed a lawsuit with the United States District Court in...
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
2.10.2023
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro
Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga
28.9.2023
The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally maintains that the SEC’s bid for a preclusion order...
Do Kwon says SEC's extradition request is impossible
28.9.2023
The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States