terraform labs

Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.

By Daniel Kuhn

Apr 24, 2024 at 8:24 p.m. UTC

Apr 24, 2024

OpinionDo Kwonterraform labsRippleBinanceChangpeng ZhaoThe NodeNewslettersRegulationSECEnforcementSettlements

Terraform Labs co-founder Do Kwon (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Regulations

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.

By Cheyenne Ligon

Apr 23, 2024 at 5:48 p.m. UTC

Apr 23, 2024

Regulationsterraform labsDo KwonSEC

Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case

Video

Sec

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...

By CoinDesk Staff

Apr 8, 2024 at 4:37 p.m. UTC

Apr 8, 2024

SECcdtvDo Kwonterraform labsCd daily

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Regulations

Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

The U.S. SEC has argued that Do Kwon and his company lied to investors about the stability of TerraUSD and its integration with a Korean mobile payments app.

By Cheyenne Ligon

Apr 5, 2024 at 6:51 p.m. UTC

Apr 5, 2024

RegulationsDo Kwonterraform labsTerraUSDCourt Cases

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Regulations

Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

The Luna/Terra founder will remain in the Balkan country “until a decision is made” on where to send him to face charges.

By Cheyenne Ligon

Mar 22, 2024 at 2:42 p.m. UTC

Mar 22, 2024

RegulationsDo KwonTerraLunaterraform labs

A prosecutor may be blocking the extradition of Terraform Labs co-founder Do Kwon on legal grounds. (CoinDesk TV)

Policy

Regulations

Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor

The Montenegrin High Court’s decision to extradite Kwon to his native South Korea over the U.S. overstepped the limits of its power, according to the supreme state prosecutor.

By Cheyenne Ligon

Mar 21, 2024 at 9:54 p.m. UTC

Mar 21, 2024

Regulationsterraform labsTerraDo KwonMontenegroExtradition

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Policy

Regulations

Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters

Dentons agreed to send $48 million back to Terraform after objections from Terraform's creditors, the SEC, and the U.S. Justice Department.

By Amitoj Singh

Mar 13, 2024 at 10:31 a.m. UTC

Mar 13, 2024

RegulationsSECterraform labsBankruptcyDelawareDo Kwon

Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition

Video

Jpmorgan

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 matc...

By CoinDesk Staff

Mar 8, 2024 at 11:36 p.m. UTC

Mar 8, 2024

JPMorgancdtvDo Kwonterraform labsCd dailyOptimism foundation