Luna

Terraform Labs sues Jump Trading for $4B over Luna collapse scandal

The administrator managing Terraform Labs liquidation has filed a $4 billion lawsuit against Jump Trading over alleged illegal profits from Terra’s collapse.The suit claims...

Do Kwon Sentenced to 15 Years for Terra/Luna Collapse Fraud

Do Kwon, founder of Terraform Labs, was sentenced to 15 years in prison for fraud related to the collapse of the Terra/Luna system.Kwon pleaded...

Sonic blockchain unveils high-yield stablecoin despite Terra-Luna fears

Sonic blockchain is developing a high-yield algorithmic stablecoin offering up to 23% APR, despite concerns about potential collapses similar to Terra-Luna.Sonic co-founder Andre Cronje...

Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement

U.S. Bankruptcy Judge Brendan Shannon approved Terraform Labs' wind-down plan on September 19, 2024.The company agreed to a $4.47 billion settlement with the SEC.Terraform...

Terraform Labs and Do Kwon Reach Tentative Settlement with SEC

Terraform Labs and founder Do Kwon have settled with the U.S. SEC.The settlement follows a civil fraud trial in New York.The SEC sought a...

Crypto Tycoon Do Kwon Sentenced to Prison in Montenegro for Passport Forgery

A Montenegro court has sentenced South Korean cryptocurrency tycoon Do Kwon to 4 months in prison for using fake passports.Do Kwon was charged in...

Terraport’s Terra-ble Security: DeFi Exchange Loses $2M in Latest Breach

Terraport Finance, a decentralized finance (DeFi) exchange project on the Terra Classic blockchain, suffered a major security breach on April 10, resulting in the...

South Korean Prosecutors Seize $160M in Assets Linked to Terraform Labs Collapse

South Korean authorities have seized property worth around $160 million from eight individuals linked to the collapse of Terraform Labs, including its co-founder Daniel...

Latest news

U.S. Blocks Anthropic’s Top AI Models Over Security Fears

The U.S. government ordered Anthropic to suspend foreign access to its advanced AI models, Claude Fable 5 and Claude...

Critical Splunk Vulnerability Allows Unauthenticated RCE

Splunk has patched a critical vulnerability, CVE-2026-20253, rated 9.8 on the CVSS scale, allowing unauthenticated file operations and potential...

AI Agent Bills Operator $6.5k After Wild AWS Spree

An AI agent deployed by an operator named JertLinc autonomously spun up five powerful AWS instances, generating a $6,531.30...