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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
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
Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation. Kroll to Manage Terraform’s Crypto Loss Claims Process According to Terraform Labs, the portal, managed by Kroll Restructuring Administration LLC, marks a critical step in the … Read more
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Go to Source
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem. Go to Source
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization. Go to Source Powered by WPeMatico
Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić. Go to Source Powered by WPeMatico
The former blockchain executive is wanted by Interpol for his role in the $40 billion collapse of the Terra Luna ecosystem during May 2022. Go to Source Powered by WPeMatico
