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Terraform Labs

Terraform to wind down operations; Consensys’ suit dismissed
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24 September, 2024

Terraform to wind down operations; Consensys’ suit dismissed

Terraform will execute its bankruptcy plan following approval from a U.S. judge, while Consensys had its suit against the SEC's...
FSB paper tackles stablecoin risks to emerging markets, developing economies
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25 July, 2024

FSB paper tackles stablecoin risks to emerging markets, developing economies

The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be...
South Korea’s first digital asset law comes into force after year of finessing
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22 July, 2024

South Korea’s first digital asset law comes into force after year of finessing

The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US
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5 July, 2024

Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US

U.S. District Court for the District of Columbia Judge Amy Berman Jackson issued a memorandum opinion on the 13 charges...
Terraform Labs, Do Kwon agree to $4.5B SEC settlement that they can’t pay
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14 June, 2024

Terraform Labs, Do Kwon agree to $4.5B SEC settlement that they can’t pay

Apart from the settlement that they couldn't afford to pay in full, the SEC also ensured the dissolution of Terraform...
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
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1 May, 2024

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...
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