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SEC Demands $5.3 Billion from Terraform Labs and Do Kwon
After a jury found Kwon and TFL liable for defrauding investors on April 5, the SEC is seeking a final judgment.
This could impose severe...
SEC Secures Ruling Against Do Kwon and Terraform Labs
A jury in Manhattan found Terraform Labs and its founder, Do Dkwon, guilty of civil fraud charges on Friday, April 5.
The jury claimed...
Do Kwon Awaits Extradition Decision Under House Arrest
Former Terraform Labs CEO Do Kwon is reportedly released from jail in Montenegro. However, Kwon remained under house arrest over the weekend.
He awaits...
US Challenges Montenegro’s Extradition Decision on Do Kwon
US authorities are seeking to challenge the recent verdict by the Montenegrin high court, which ordered the extradition of Do Kwon to South Korea...
Montenegro Court Approves Extradition of Terra Founder Do Kwon
The extradition approval comes amidst allegations of financial misconduct. However, specific details surrounding the charges remain undisclosed.
The Montenegro court's move signals a growing...
Is Do Kwon Behind The UST and LUNA Crash?
About a month ago, the famous Terra (LUNA) and TerraUSD (UST) stablecoin crash took place. With the latter depegging from the US dollars and...
Curve War: Terra’s Do Kwon Pledges to End DAI
Terraform Labs CEO Do Kwon shared a series of tweets that raised questions amongst his followers. Kwon announced the formation of a new stablecoin...
USDD De-peg, Does It Drag Tron Down?
Tron's stablecoin, the USDD, is de-pegging since yesterday. The current price is around $0.979. At the same time, the TRX token takes a hard...
Current Crypto Tokenomics, Do They Need to Change?
Are the current crypto tokenomics due for a change? Let's take the Terra 2.0 proposal by Do Kwon as a sample. This tokenomics proposal...
Why Does Terra Want to Create a New Blockchain?
Terra is going through a situation that no one in the ecosystem would want to go through. The price of LUNA drops to practically...
