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US Prosecutors Scale TerraUSD Collapse Impact Ahead of Do Kwon Court Return
U.S. prosecutors estimate that the total number of victims in the TerraUSD collapse may exceed one million. Terraform Labs co-founder Do Kwon was extradited to the U.S. Kwon faces nine felony ...
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SEC hits Jump Trading with $123m fine over TerraUSD scandal and Luna misconduct
Tai Mo Shan agreed to settle the fine TerraUSD worked at a constant $1 value through a web of mixed algorithms and trader motivations involving LUNA. However, when the network was strained and ...
The Star11d
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
The SEC had accused Terraform and founder Do Kwon of deceiving investors about the stability of TerraUSD, a stablecoin he designed to maintain a constant $1 price, and falsely claiming that ...