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terraform labs
Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg
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.
Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg
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.
What to Expect From CoinDesk's Crypto Crooks Season 2: The Rise and Fall of Do Kwon
The CoinDesk Podcast Network is launching the second season of "Crypto Crooks," following the story of Terraform Labs co-founder Do Kwon. CoinDesk Chief Insights Columnist and "Crypto Crooks" host David Z. Morris shares a preview. "Crypto Crooks" Season 2: The Rise and Fall of Do Kwon, debuts on Tuesday, Feb. 28.
The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
The SEC’s lawsuit against Terraform Labs alleges that terraUSD (UST), and nearly every token it issued, are securities.
SEC Charges Terraform Labs, Do Kwon With Fraud; Former FTX Exec Reportedly Plans to Plead Guilty
The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the company behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. Separately, Nishad Singh, the former director of engineering for collapsed crypto exchange FTX, is planning to plead guilty to fraud charges for his role in the alleged scheme, according to Bloomberg.
Former CFTC Chairman: SEC Was 'Absolutely Right' to Sue Terraform Labs, Do Kwon
Timothy Massad, now a research fellow at Harvard’s Kennedy School of Government, said U.S. bank regulators have the ability right now to create a framework that could license stablecoin issuers.
Jump Crypto Booked $1.28B in Profits as Terra's Ecosystem Crumbled: Sources
When U.S. regulators sued Do Kwon and Terraform Labs this week for the spectacular implosion of their UST stablecoin and related LUNA token, a huge question was left unanswered: who was the trading partner that booked $1.28 billion in profits as Terra’s $40 billion ecosystem crumbled? According to CoinDesk sources, it was Jump Crypto, a company whose parent has deep roots in conventional finance that’s become a giant in digital assets. “The Hash” panel discusses the latest developments after the SEC released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs.
4 Huge Revelations in the SEC’s Charges Against Do Kwon and Terraform Labs
TerraUSD was a more overt and calculated fraud than was previously known – and Do Kwon is still cashing out.
Former CFTC Chairman Massad: SEC 'Absolutely Right' on Suing Terraform Labs, Do Kwon
The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the company behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. Former CFTC Chairman Timothy Massad reacts to the allegations, adding that the industry often complains about lack of regulatory clarity, but "you just need to have good lawyers that read the law."