terraform labs

Crypto and blockchain have seen everything this year. From the start with its all-time highs and its role in the Ukraine War to the year ending with the debacles of Terra Luna and the mess left by FTX and much more. These instances have left the industry edging more towards the importance of security and regulations in the space. We spoke with the Independent Community Bankers of America's Brian Laverdure to learn more about developments in crypto asset regulation and how they might help the industry rebound.

Mar 29, 2023

The U.S. and South Korea have both requested for the extradition of TerraForm Labs founder Do Kwon, according to Montenegro's Justice Minister Marko Kovac. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.

Mar 29, 2023

While Terraform Labs was not U.S. based, "they knew they were getting U.S. investment money," Former SEC Enforcement Branch Chief and Bragança Law Attorney Lisa Bragança explains. "They were targeting their pitch to U.S. investors." Bragança discusses why Do Kwon is facing fraud charges in the U.S. following his arrest in Montenegro.

Mar 24, 2023

Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro. Kwon, whose location had been a mystery for months, also faces an investigation in South Korea and has been on an Interpol wanted list in connection with last year's terraUSD collapse. Kwon already faced civil charges filed by the SEC on allegations he misled investors. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest.

Mar 24, 2023

Lisa Bragança, former SEC Enforcement Branch Chief and current Bragança Law Attorney, reacts to U.S. federal prosecutors charging Terraform Labs founder Do Kwon with fraud hours after police arrested him in Montenegro. Plus, her take on the SEC suing Tron founder Justin Sun on market manipulation charges and Coinbase receiving a Wells notice.

Mar 24, 2023

A tweet from Montenegro's minister of interior, Filip Adzic, indicates that Terraform Labs co-founder Do Kwon appears to have been arrested in the country. Separately, Block (SQ) shares are tumbling after notable short-seller, Hindenburg Research accuses the company of "wildly" overstating user counts while understating customer acquisition costs.

Mar 23, 2023

The co-founder of Terraform Labs, Do Kwon, appears to have been arrested in Montenegro, according to a tweet by the country's minister of interior, Filip Adzic. David Z. Morris, CoinDesk Chief Insights Columnist and host of the narrative podcast Crypto Crooks, discusses the latest developments and differences between Do Kwon and Sam Bankman-Fried.

Mar 23, 2023

The founder of Terraform Labs, Do Kwon, appears to have been arrested in Montenegro, according to a tweet by the country's minister of interior, Filip Adzic. CoinDesk has reached out to the Montenegro government for comment. Crypto traders reacted to the news, with Terra's LUNA tokens falling steeply in the immediate aftermath. "The Hash" panel discusses the latest developments surrounding the fall of the Terra ecosystem that shook the crypto industry last year.

Mar 23, 2023

Singapore's police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. "The Hash" panel discusses the latest developments after the collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry, including those of hedge fund Three Arrows Capital and crypto lenders Voyager Digital and Celsius Network.

Mar 6, 2023

Bloomberg reports that Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin. This comes after the SEC sued Terraform Labs last month, alleging that the crypto firm and its co-founder Do Kwon misled investors about UST's stability. "First Mover" hosts weigh in.

Mar 6, 2023