Luna
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Nvidia’s OpenAI Investment Could Be Its Last Before IPO
NVIDIA CEO Jensen Huang indicated the company's recent $30 billion investment in OpenAI may be its last before the...
Bitcoin Outperforms Oil, Gold in US-Iran War Shock
Bitcoin has surged 12.1% since the onset of the US-Israeli conflict with Iran, outperforming traditional wartime assets.Gold has dropped...
Tradeweb Leads $31M Crypto Platform Crossover Series B
Tradeweb is leading a $31 million Series B in Crossover Markets, valuing the crypto ECN at $200 million.The deal...
