TerraUSD

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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South Korea Tells Terraform Staff to Stay in Country, Indicating Investigation Ramp-Up
South Korea Tells Terraform Staff to Stay in Country, Indicating Investigation Ramp-Up
June 21, 2022  |  International

The South Korean government has ordered current and former staff of Terraform Labs to stay in the country, Bloomberg reported Tuesday (June 21). The move...

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Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
June 15, 2022  |  Cryptocurrency

When a top investor with a deep hedge fund background says the tumbling cryptocurrency market is starting to feel “a little bit like a Long...

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Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of Staff
Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of...
June 13, 2022  |  Cryptocurrency

An investor in the doomed Terra blockchain ecosystem filed a federal lawsuit seeking class action status and naming, among defendants, Binance.US, Bloomberg reports. The plaintiff...

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