Terraform Labs Opens Claims Portal for TerraUSD Victims
The claims process requires proof of ownership, with on-chain verification preferred over manual submissions to avoid delays or rejections.
Terra (LUNA) News and Updates
Recent Terra (LUNA) News
US Prosecutors Estimate Over 1 Million Victims in Do Kwon Crypto Fraud Case
Do Kwon faces U.S. criminal charges as prosecutors allege his Terra ecosystem misled investors, causing over $40 billion in losses.
Terraform Labs Co-Founder Do Kwon Pleads Not Guilty in US Court
Kwon now faces nine charges, including commodities fraud and money laundering conspiracy, instead of the eight counts he was previously
Montenegro Extradites Terraform Labs CEO Do Kwon to the US for Fraud Charges
Terraform Labs co-founder Do Kwon had been held in Montenegro since his March 2023 arrest at Podgorica airport.
Do Kwon’s Appeal Dismissed: Montenegro’s Court Upholds Extradition Ruling (Report)
The SEC and Terraform Labs reached a $4.47 billion penalty, thereby settling charges over the collapse of TerraUSD and Luna
SEC Nets Record $8.2B in Enforcement Actions for 2024
More than half of the SEC's recoveries came from crypto, mainly the $4.5 billion settlement in the Terraform Labs case.
Terraform Labs Secures Court Approval to Wind Down Operations
The approval marks the final step in Terraform's Chapter 11 bankruptcy proceedings.
SEC Crypto Enforcement Actions Surged 3,000% to $4.7 Billion in 2024: Report
Despite fewer cases, the SEC’s enforcement strategy shifted to larger fines, with average penalties jumping to $426 million per action.
Terraform Labs’ Future Hinges on Upcoming Chapter 11 Reorganization Hearing
The fate of Terraform Labs will be decided at the Chapter 11 bankruptcy hearing scheduled for September 19.
Three Arrows Capital Liquidators Sue TerraForm Labs for $1.3 Billion: Report
3AC liquidators allege TerraForm Labs manipulated the Luna and TerraUSD markets, leading to artificially inflated prices.
