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The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement actions against the cryptocurrency sector in 2024, imposing nearly $4.7 billion in fines. This figure represents a 3,018%…
Terraform Labs (TFL) – the bankrupt cryptocurrency firm co-founded by Do Kwon – is set to face a Chapter 11 bankruptcy reorganization hearing on September 19. The hearing will be…
Three Arrows Capital (3AC), the defunct crypto hedge fund, has its liquidators pursuing a $1.3 billion lawsuit against TerraForm Labs, the bankrupt digital assets company co-founded by Do Kwon. This…
According to a recent report, Montenegrin Prime Minister Milojko Spajić has been identified as one of the early investors in Terraform Labs. Court documents released by the U.S. Securities and…
Terraform Labs has reached a settlement in its lawsuit with the Securities and Exchange Commission (SEC), with the defunct crypto firm agreeing to pay a $4.47 billion fine for its…
Terraform Labs co-founder Do Kwon has faced a new legal setback after Montenegro’s Supreme Court once again approved the extradition. With this decision, the previous extradition ruling by the High…
Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against the fallen former crypto mogul in…
The National Police Agency of South Korea is calling for help with extraditing Do Kwon shortly after a Montenegro court refused to send him to the United States. Per a…
In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain Dentons U.S. LLC as its special…
Do Kwon, the co-founder of Terraform Labs, might miss the commencement of a significant civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. According to Reuters, Kwon’s lawyer,…