A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the U.S. Securities and Exchange Commission that they misled ...
May 30 (Reuters) - Singapore-based Terraform Labs and its founder Do Kwon have reached a tentative settlement with the U.S. Securities and Exchange Commission which sued them for allegedly misleading ...
The cryptocurrency world has been turmoil-laden, with one of the most recent controversies revolving around the catastrophic ...
NEW YORK, June 12 (Reuters) - Terraform Labs reached a $4.47 billion civil settlement with the U.S. Securities and Exchange Commission, after being found liable by a jury for defrauding cryptocurrency ...
The Securities and Exchange Commission notched a victory in its battle with noncompliant cryptocurrency companies after a jury in New York on Friday found crypto mogul Do Kwon and his company ...
Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of crypto investments, The Guardian reported. Kwon's story is a wild one ...
Bankrupt crypto firm Terraform Labs faces its Chapter 11 bankruptcy reorganization hearing on Sept. 19. The outcome of the hearing will play a crucial role in determining the company’s future.
A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities. In a post published by the Securities and Exchange ...
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the ...
Montenegrin police officers of the PJP (Special Police Unit) escort South Korean cryptocurrency entrepreneur Do Kwon (C) at the exit of a court in Podgorica, Montenegro, on March 23, 2024. A ...
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