Terraform Labs may close products, services in bankruptcy wind-down
Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with.This post was originally published on this site
Do Kwon’s extradition case goes back to Montenegrin Justice Minister
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges.This post was originally published on this site
Court approves Terraform Labs winding down in bankruptcy hearing
After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down.This post was originally published on this site
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted […]
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19, 2024, at 10 a.m. EDT. This hearing will be pivotal in shaping the future of the crypto company, which has encountered substantial hurdles since the Terra ecosystem’s collapse in 2022. Terraform Labs Faces Pivotal Bankruptcy […]
Terraform Labs bankruptcy reorganization hearing set for September
The court’s decision will determine if the company can restructure or must liquidate.This post was originally published on this site
3AC liquidators file $1.3B claim against Terraform Labs
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.This post was originally published on this site
Montenegrin court delays Do Kwon’s extradition to South Korea
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.This post was originally published on this site
Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a fake passport, faces criminal charges in South Korea related to the $40 billion collapse […]
Terra chain halts operations, ASTRO token falls over 60%
The Terra blockchain halt dramatically falls in the ASTRO token value due to a suspected exploit.This post was originally published on this site