Tag terra
Confidential Filings by Jump Crypto in SEC v. Terraform Labs case
Do Kwon Admits to Faking Trading Volume, SEC Documents Reveal
Key Takeaways In a startling revelation, Do Kwon, the founder of Terraform Labs, has admitted to fabricating trading volume in a text message exchange with Daniel Chin, the founder of payments app Chai, as revealed in court documents filed by…
Terra Community Votes to Cease Minting USTC, Aims to Re-establish Peg
Key Takeaways In a significant development within the Terra Classic community, a proposal to halt minting and reminting activities related to TerraClassicUSD (USTC) has garnered support from the majority, with 59% of the community members in favor of the change.…
Terra Money Website Frozen to Thwart Phishing Scams
SEC Lawsuit Against Terraform Labs Stands as Judge Rejects Dismissal
South Korea Forms Interagency Task Force For Crypto Crimes
Key Takeaways: In response to the increasing incidents of cryptocurrency-related crimes in the country, South Korea has taken decisive action by establishing an “Interagency Task Force” dedicated to addressing these challenges. The task force is composed of representatives from various…