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Jump Trading faces a $4 billion lawsuit accusing the firm of secretly manipulating the Terra ecosystem and profiting from the collapse that erased roughly $40 billion in investor value. As reported by the Wall Street Journal and Bloomberg, the lawsuit was filed Dec. 19, 2025, by the court-appointed plan administrator overseeing the wind-down of Terraform … Read more
Do Kwon, co-founder of Terraform Labs, has been sentenced to 15 years in a U.S. federal prison for his role in the 2022 collapse of terrausd (UST) and luna (LUNA now LUNC), with the possibility of serving the second half of his term in South Korea. Terra Collapse Leads to 15-Year Prison Sentence for Do … Read more
While Terraform Labs founder Do Kwon is slated for sentencing later this week and the Terra Classic v2.18 upgrade heads down the runway, both luna classic (LUNC) and luna (LUNA) have been enjoying a sharp climb over the past two weeks. Zombie Tokens Sprint It’s been more than three years and seven months since Do … Read more
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Do Kwon’s Guilty Plea On August 12, 2025, the United States Attorney’s Office for … Read more
Terraform Labs co-founder Do Kwon plans to plead guilty to U.S. conspiracy and wire fraud charges tied to the $40 billion collapse of his cryptocurrency projects, a judge confirmed Tuesday. Do Kwon, co-founder of Terraform Labs, will plead guilty to two criminal charges of conspiracy to defraud and wire fraud related to the 2022 collapse … Read more
As part of discovery proceedings, prosecutors said they would search the Terraform Labs co-founder’s emails and Twitter account. Go to Source
The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform. Go to Source
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Go to Source
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Go to Source
“The defendant, orchestrated schemes to defraud purchasers of cryptocurrencies,” the indictment against the Terraform co-founder read. Go to Source
