Latest Terraform Labs News

South Korea and US flags
Business 11 March 2024

US to challenge extradition of Do Kwon to South Korea

The U.S. DOJ said it would continue to seek the extradition of Do Kwon to the United States, fearing that South Korea may give the Terraform Labs founder a lighter sentence for fraud and securities violations.

Chapter 11 Bankruptcy image concept
Business 23 January 2024

Terraform Labs files for Chapter 11 bankruptcy

Despite the many legal cases against Terraform Labs and its founder Do Kwon having the company in dire straits, the bankruptcy petition does not mean the immediate end of the company.

man holding a bitcoin at the back of 2023 wooden blocks
Business 27 December 2023

2023: A year in regulation

2023 is a challenging year for the digital asset space, with major firms collapsing, high-profile names getting into lawsuits, and regulators rushing to balance innovation and regulation.