TerraUSD

Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years in Prison

Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years in Prison
Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years in Prison
December 11, 2025  |  Cryptocurrency

Terraform Labs Co-Founder Do Kwon was sentenced to 15 years in prison for his role in the $40 billion crash of the company’s TerraUSD and...

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Stablecoins Hit Record $190 Billion on X-Border Payment Optimism
Stablecoins Hit Record $190 Billion on X-Border Payment Optimism
November 27, 2024  |  Cryptocurrency

Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped...

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SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder
SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder
November 03, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges...

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TerraUSD and Luna Founder Charged by SEC and Reportedly Hiding
TerraUSD and Luna Founder Charged by SEC and Reportedly Hiding
February 16, 2023  |  Cryptocurrency

The company and founder behind cryptocurrencies TerraUSD and Luna have been charged with defrauding investors. The Securities and Exchange Commission (SEC) said in a Thursday...

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Moody’s Is Working on Scoring System for Crypto Stablecoins
Moody’s Is Working on Scoring System for Crypto Stablecoins
January 26, 2023  |  Cryptocurrency

Moody’s is reportedly developing a scoring system — though not a credit rating — for stablecoins. Bloomberg reported Thursday (Jan. 26) that Moody’s will analyze...

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Crypto Winter Leaves Few Gifts Under the Tree in 2022
Crypto Winter Leaves Few Gifts Under the Tree in 2022
December 23, 2022  |  Cryptocurrency

In 2022, the cryptocurrency industry fully entered the mainstream — and almost drowned. The industry enjoyed an auspicious start, coming off of a banner 2021...

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US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
December 07, 2022  |  Cryptocurrency

Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna.  The New York Times reported Wednesday (Dec. 7) that U.S....

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ECB Board Member Says Crypto is ‘House of Cards’ 
ECB Board Member Says Crypto is ‘House of Cards’ 
December 07, 2022  |  Cryptocurrency

Regulation and a better alternative are the answers to the current turmoil in the crypto market.  So said Fabio Panetta, a member of the executive board...

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