TerraUSD

Video

Prime Trust's CEO Says Firm Lost $8M in Doomed Terra Stablecoin Investment

Prime Trust CEO Jor Law said in a recent court filing that the crypto custodian lost a total of $8 million in a doomed investment in the terraUSD algorithmic stablecoin. "The Hash" panel discusses the latest developments in Prime Trust's bankruptcy proceedings.

By CoinDesk Staff

Aug 28, 2023 at 5:14 p.m. UTC

Aug 28, 2023

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Consensus Magazine

Opinion

As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra’s Shadow

The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.

By Emily Parker

Apr 13, 2023 at 12:51 p.m. UTC

Apr 13, 2023

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Do Kwon Facing Criminal Fraud Charges From U.S. Prosecutors

Video

Nikhilesh de

Do Kwon Facing Criminal Fraud Charges From U.S. Prosecutors

Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro Kwon whose location had been a mystery for months also faces an investigation in South Korea and has been on an Interpol wanted list in connection with last year's terra USD collapse Kwon [...]

By CoinDesk Inc

Mar 24, 2023 at 2:59 p.m. UTC

Mar 24, 2023

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Policy

Regulations

Do Kwon Charged, Due in Montenegro Court for Extradition Hearing: AFP

Terraform Labs founder Kwon was arrested in Montenegro on Thursday for document forgery.

By Jack Schickler

Mar 24, 2023 at 2:32 p.m. UTC

Mar 24, 2023

RegulationsMontenegroterraform labsTerraUSDCourt

Policy

Regulations

Justice Department Investigating TerraUSD Stablecoin Collapse: Reports

The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.

By Nelson Wang

Mar 13, 2023 at 10:18 p.m. UTC

Mar 13, 2023

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Video

Singapore

Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg

Singapore's police said they have started to investigate Terraform Labs the company behind the failed terra USD UST stablecoin according to a Bloomberg report on Monday The Hash panel discusses the latest developments after the collapse of Terra USD last year led to a wave of bankruptcies in the crypto industry including those of hedge [...]

By CoinDesk Inc

Mar 6, 2023 at 5:57 p.m. UTC

Mar 6, 2023

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Video

Singapore

Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg

Bloomberg reports that Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin. This comes after the SEC sued Terraform Labs last month, alleging that the crypto firm and its co-founder Do Kwon misled investors about UST's stability. "First Mover" hosts weigh in.

By CoinDesk Staff

Mar 6, 2023 at 3:33 p.m. UTC

Mar 6, 2023

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Podcasts

Podcast

Lunacy Episode 1: Death Spiral

This week, we dig into the rise of Do Kwon, the enormous appeal of his almost magical algorithmic stablecoin – and the far less charmed reality underlying his machinations from the very start.

By David Z. Morris

Feb 28, 2023 at 10:00 a.m. UTC

Feb 28, 2023

PodcastTerraDo KwonTerraUSD

SEC Charges Terraform Labs, Do Kwon With Fraud; Former FTX Exec Reportedly Plans to Plead Guilty

Video

Sec

SEC Charges Terraform Labs, Do Kwon With Fraud; Former FTX Exec Reportedly Plans to Plead Guilty

The U S Securities and Exchange Commission SEC sued Terraform Labs the company behind the failed Terra USD stablecoin and its co founder Do Kwon Separately Nishad Singh the former director of engineering for collapsed crypto exchange FTX is planning to plead guilty to fraud charges for his role in the alleged scheme according to [...]

By CoinDesk Inc

Feb 17, 2023 at 8:43 p.m. UTC

Feb 17, 2023

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Former CFTC Chairman Massad: SEC 'Absolutely Right' on Suing Terraform Labs, Do Kwon

Video

Sec

Former CFTC Chairman Massad: SEC 'Absolutely Right' on Suing Terraform Labs, Do Kwon

The U S Securities and Exchange Commission SEC sued Terraform Labs the company behind the failed Terra USD stablecoin and its co founder Do Kwon Former CFTC Chairman Timothy Massad reacts to the allegations adding that the industry often complains about lack of regulatory clarity but you just need to have good lawyers that read [...]

By CoinDesk Inc

Feb 17, 2023 at 4:04 p.m. UTC

Feb 17, 2023

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