Terraform – DIGIT INFO

Do Kwon’s superseding indictment includes money laundering charge

DIGIT — Thu, 02 Jan 2025 21:56:15 +0000

The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy.

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SEC nets record $8.2B from enforcement, mostly from Terraform Labs

DIGIT — Mon, 25 Nov 2024 01:10:13 +0000

Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties.

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Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo

DIGIT — Tue, 03 Sep 2024 16:33:06 +0000

Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.

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Terraform Labs to sell 4 companies as part of wind-down

DIGIT — Thu, 11 Jul 2024 05:14:43 +0000

The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.

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SEC shoots down Ripple’s argument for a lower penalty

DIGIT — Mon, 17 Jun 2024 01:37:57 +0000

The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs.

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US judge approves Terraform’s $4.5B settlement with SEC

DIGIT — Thu, 13 Jun 2024 22:34:32 +0000

A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.

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Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit

DIGIT — Tue, 31 Oct 2023 02:56:16 +0000

Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws.

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Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse

DIGIT — Fri, 13 Oct 2023 04:57:11 +0000

Terraform Labs has urged the judge to grant its motion to compel trading data from Citadel Securities, which it says had a hand in the collapse of USTC in May 2022.

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Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro

DIGIT — Fri, 12 May 2023 21:15:00 +0000

Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail Request for Do Kwon, Puts Him Under […]

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Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

DIGIT — Sun, 16 Apr 2023 12:00:08 +0000

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean […]

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