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terraform labs
Crypto Goes Unmentioned in Trump-Musk Interview; 3AC Liquidators Suing Terraform Labs for $1.3B
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former President Donald Trump. Plus, 3AC liquidators have sued Terraform Labs for $1.3 billion and Hamster Kombat bashes crypto VC funding.

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement; Gensler Speaks on Ether ETF Approval
"CoinDesk Daily" host Michele Musso breaks down the biggest headlines impacting the crypto industry today, as a U.S. judge has agreed to a settlement between the SEC, Terraform Labs and its former CEO Do Kwon. Plus, SEC Chair Gary Gensler told senators in a budget hearing that the applications to run ether spot ETFs should be finished this summer and a JPMorgan research report says digital assets have seen $12 billion of net inflows year-to-date.

Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin price rose above the $71,000 level for the first time since the beginning of April. Plus, the latest gains in U.S. crypto-related stocks and a Manhattan jury found Do Kwon and Terraform Labs liable on civil fraud charges brought by the SEC.

Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a JPMorgan report that says bitcoin is unlikely to match gold’s allocation in investor portfolios due to heightened risk and volatility. Plus, Optimism Foundation selling about 19.5 million OP tokens to an unidentified buyer and Terraform Labs co-founder Do Kwon's next steps.

El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including the re-election of El Salvador's bitcoin-friendly president Nayib Bukele. Former U.S. president and Republican front-runner Donald Trump calls AI "dangerous and scary" in an new interview with Fox Business. Plus, former CFO of Terraform Labs has been extradited to South Korea by Montenegrin authorities according to an official notice.

Solana, Cardano Lead Crypto Losses; Terraform Labs Declares Bankruptcy
"CoinDesk Daily" host Amitoj Singh breaks down the biggest headlines in the crypto industry today, including a closer look at why the crypto market started the week in the red, with Solana's SOL and Cardano's ADA leading the losses. An @xpayments profile on X (formerly Twitter) sent adoption hopes flying among crypto circles. And, Terraform Labs files for bankruptcy.

How the SEC Cracked Down on Crypto in 2023
"CoinDesk Daily" host Jennifer Sanasie takes a look back on some of the crypto-related enforcement actions from the U.S. Securities and Exchange Commission (SEC) in 2023. The agency says it filed 784 enforcement actions this year, which included charges against FTX founder Sam Bankman-Fried and Terraform Labs founder Do Kwon.

Terraform Labs, Do Kwon Reportedly Fail to Have Suit Rejected; House Crypto Votes to Come in 2024
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin price action, and KuCoin Ventures' grant to the TON network. Plus, Terraform Labs and its founder, Do Kwon, may be hit with a class-action lawsuit in Singapore. And, the latest timeline for a vote on crypto legislation in the U.S. House of Representatives.

Judge Denies Terraform Labs' Motion to Dismiss SEC Lawsuit, Rejecting Ripple Ruling Precedent
Stablecoin issuer Terraform Labs' motion to dismiss a lawsuit from the U.S. Securities and Exchange Commission (SEC) was denied by a federal judge on Monday. The judge also said he rejected the use of a ruling from Judge Analisa Torres who ruled that Ripple did not violate securities law in selling XRP to retail investors through an exchange intermediary. CoinDesk's global policy and regulation managing editor Nikhilesh De shares the latest developments.

Terraform Labs Taps Interim CEO as Do Kwon Faces Fraud Charges: WSJ
The Wall Street Journal reports that Terraform Labs has appointed Chris Amani as the new, interim CEO of the crypto firm, while founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. "The Hash" panel discusses the latest developments.
