Terra (LUNA) was founded in 2018 by Terraform Labs (Daniel Shim and Do Kwon). The objective was to create an algorithmic stablecoin… Continue reading on
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Solana Price On The Verge Of 2022-Like Crash To Send It Back To $22?
The Solana price is on the verge of a possible meltdown reminiscent of Terra‘s (LUNA) infamous collapse in 2022. A crypto analyst who identified this
Read moreMontenegro justice minister approves Do Kwon’s extradition to US
Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport.
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Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company
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Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19, 2024, at 10 a.m. EDT.
Read more3AC liquidators file $1.3B claim against Terraform Labs
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.
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