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

US Probes Binance Over Iran Sanctions Violations

The Manhattan US attorney's office and the Justice Department are investigating Binance over potential Iran sanctions violations, Bloomberg reported...

EU central banks drop stablecoin deposit rule for liquidity

The European System of Central Banks (ESCB) proposes replacing mandatory bank-deposit thresholds for stablecoin reserves with new liquidity requirements.The...

Critical VeloCloud Orchestrator flaw actively exploited

Arista disclosed a critical flaw (CVE-2026-93952) in on-premises VeloCloud Orchestrator (VCO) actively exploited as of September 22.The vulnerability, with...