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Terraform Labs
Ripple Cites Terraform Labs' Settlement to Lower Penalty Against It to $10 Million
- The SEC seeks $1.95 billion from Ripple as a recovery and penalty.
- Ripple has compared the SEC’s proposed fines against it to that of the settlement sum against Terraform Labs.
Friday, 14/06/2024 | 05:30 GMT by
Arnab Shome
Do Kwon and Terraform Labs Reach Settlement with SEC in Civil Fraud Case: Report
- US District Judge Jed Rakoff of Manhattan has requested supporting documents from both parties by June 12.
- In April, a jury found Kwon and Terraform Labs liable for civil fraud charges.
Thursday, 30/05/2024 | 17:23 GMT by
Jared Kirui
Do Kwon Faces Extradition to the US Following Latest Court Ruling in Montenegro
- Kwon stands accused of criminal charges in the US related to the collapse of Terraform Labs.
- Montenegrin authorities have emphasized the political significance of his extradition to the US.
Wednesday, 21/02/2024 | 19:31 GMT by
Jared Kirui
Do Kwon’s Extradition Put on Hold Due to Procedural Error
- The US and South Korea are seeking Kwon's extradition following the collapse of Terraform Labs.
- The Co-Founder of Terraform Labs allegedly did not get a chance to present his stance on the matter.
Tuesday, 19/12/2023 | 13:11 GMT by
Jared Kirui
Do Kwon and Terraform Labs Face Escalating Troubles: Class Action Advances in Singapore
- Terraform Labs is grappling with a major legal battle over the collapse of the UST token.
- A class action representing more than 300 parties was filed in September last year.
Friday, 01/12/2023 | 13:45 GMT by
Jared Kirui
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