Do Hyeong Kwon, co-founder of Terraform Labs, on Tuesday pleaded guilty to two of the nine charges against him in a case about two cryptocurrencies that collapsed in May 2022 and erased $50 billion in ...

Quantitative trading firm Jane Street is being sued for allegedly engaging in insider trading during the 2022 collapse of Terraform Labs. Liquidators in the Terraform Labs bankruptcy case have accused ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Terraform Labs Pte. co-founder Do Kwon pleaded not guilty to US fraud charges tied to the $40 billion collapse of ...

Jane Street has moved to dismiss a lawsuit brought by Terraform Labs’ bankruptcy estate, arguing the claims attempt to shift responsibility for the Terra-Luna collapse. In a filing before the Southern ...

・The court-appointed administrator for Terraform Labs has filed a lawsuit against Jane Street, accusing the investment firm of insider trading. ・The suit claims Jane Street anticipated the collapse ...

TerraUSD (UST-USD), which was the third-largest stablecoin in the cryptocurrency market just a couple weeks ago, has since unpegged from the U.S. dollar and collapsed along with its reserve asset Luna ...

Singapore charged former Hodlnaut CEO Zhu Juntao with six fraud offenses for misleading customers about the firm's TerraUSD exposure in 2022. Zhu allegedly directed staff to publish false claims that ...

The U.S. Department of Justice is urging a federal judge to impose a full 12-year prison sentence on Terra founder Do Kwon, citing the scale of the multibillion-dollar fraud that triggered one of ...

Strategy’s STRC fell below its target level, but Benchmark says comparisons to Terra’s UST collapse do not reflect reality.

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Some of it never existed, some went to the people who figured out how they could exploit the smart contracts to cause an inflationary spiral. Basically terra / Luna was two coins. Luna was billed as ...