terraform labs

Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case
Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin price rose above the $71,000 level for the first time...
Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
The U.S. SEC has argued that Do Kwon and his company lied to investors about the stability of TerraUSD and its integration with a Korean mobile payments app.
A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Terraform Labs co-founder Do Kwon (CoinDesk TV)
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
The Luna/Terra founder will remain in the Balkan country “until a decision is made” on where to send him to face charges.
Terraform Labs co-founder Do Kwon (CoinDesk TV)

A prosecutor may be blocking the extradition of Terraform Labs co-founder Do Kwon on legal grounds. (CoinDesk TV)
Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
The Montenegrin High Court’s decision to extradite Kwon to his native South Korea over the U.S. overstepped the limits of its power, according to the supreme state prosecutor.
A prosecutor may be blocking the extradition of Terraform Labs co-founder Do Kwon on legal grounds. (CoinDesk TV)

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)
Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
Dentons agreed to send $48 million back to Terraform after objections from Terraform's creditors, the SEC, and the U.S. Justice Department.
Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition
Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a JPMorgan report that says bitcoin is unlikely to matc...
Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition

(Nikhilesh De/CoinDesk)
SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters
Additionally, the SEC has said that Terraform should not be allowed to hire law firm Dentons or pay litigation costs for employees, the report said.
(Nikhilesh De/CoinDesk)

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)
Do Kwon Wins Second Chance to Appeal Extradition From Montenegro
The appeal is a minor victory for Kwon, who initially won an appeal in November only for it to be subsequently overturned.
Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI
El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including the re-election of El Salvador's bitcoin-friendly president...
El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI

Solana, Cardano Lead Crypto Losses; Terraform Labs Declares Bankruptcy
Solana, Cardano Lead Crypto Losses; Terraform Labs Declares Bankruptcy
"CoinDesk Daily" host Amitoj Singh breaks down the biggest headlines in the crypto industry today, including a closer look at why the crypto market started the week in the red...
Solana, Cardano Lead Crypto Losses; Terraform Labs Declares Bankruptcy