Explore the intricate battle between Terraform Labs and the SEC, delving into the strategic Chapter 11 filing, legal challenges, and the complex narrative surrounding Do Kwon.
AlexSEC sues Binance, citing similar Terraform Labs case, focusing on unregistered securities offers and sales.
KikyoSEC calls for the court overseeing the Binance case to consider the Terraform ruling, arguing that the classification of tokens as securities in Terraform supports their stance on BUSD. Terraform disagrees. Binance is yet to respond to the SEC's request for comment.
Cheng YuanJudge Rakoff's rulings present a complex scenario for Terraform Labs, with both favorable and adverse outcomes in their legal battle with the SEC.
KikyoThe regulatory body's allegations involving multi-billion-dollar securities fraud, are directed at Do Kwon and his company.
KikyoLegal counsel representing Do Kwon has petitioned a federal court to dismiss the US SEC’s plea to interrogate him on American soil regarding the Terra Money ecosystem's collapse.
KikyoTerraform Labs is headquartered and registered in Singapore and this is the first time the country has publicly taken action against Do Kwon and his firm.
CryptoSlateThe U.S. SEC on Thursday charged Do Kwon with securities fraud involving its algorithmic stablecoin Terra USD and the LUNA token.
decryptU.S. regulators are investigating whether Terraform used its Mirror protocol to sell unregistered securities in a case unrelated to Terra's debacle.
CointelegraphThe U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse.
Cointelegraph