TerraUSD News
Trump’s Order Shakes Bitcoin’s Cycle: Bitwise CIO Sees $200K Future Amid ETF Boom
Like many other assets, cryptocurrency has historically adhered to a four-year cycle. However, its recession and growth cycles are more pron...
Court Blocks Do Kwon Extradition, Cites Procedural Violations
Less than a month ago, the jig was up for Do Kwon. The disgraced founder of Terraform Labs, cited as responsible for the disastrous collapse...
Breaking: Do Kwon Faces Extradition to the United States
“Semi-disgraced” co-founder of Terraform Labs, Do Kwon, is being extradited to the United States. The software engineer had long been wa...
IOTA, ORDI, Terra Surge, Leading the Altcoin Market Rally
Terra Ecosystem With Comeback? Terra Classic (LUNC) remains the best performing digital asset over the last few days. While Bitcoin (BTC) ga...
Do Kwon’s Defense Responds to SEC Probe on Jump Trading
The defense for Terraform Labs and Do Kwon have submitted new evidence about Jump Trading’s (Jump) role in the collapse of the TerraUSD (U...
Prime Trust unveils $8 million loss from TerraUSD collapse in bankruptcy details
TL;DR Breakdown Prime Core Technologies, the parent company of crypto custodian Prime Trust, disclosed an $8 million loss through investment...
Prime Trust parent company lost $8M investing in TerraUSD
The parent company of crypto custodian Prime Trust, currently involved in Chapter 11 bankruptcy proceedings, has reported losing roughly $8 ...
Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs’ Motion to Dismiss SEC Lawsuit
A federal judge denied stablecoin issuer Terraform Labs’ motion to dismiss a lawsuit from the U.S. Securities and Exchange Commission ...
Terraform Labs Seeks Data from FTX Wallets for SEC Lawsuit Defense
Terraform Labs, the development firm behind Terra network and the failed stablecoin TerraUSD (USTC), is seeking permission from a court to g...
FTX Data Requested by Terraform in SEC Lawsuit Battle
Terraform Labs has asked a judge for permission to subpoena information from defunct cryptocurrency platform FTX, arguing the data could aid...
Terraform Labs seeks access to FTX wallets in fraud defense
Terraform Labs is seeking permission from a judge to subpoena data from bankrupt crypto exchange FTX, claiming the information could help it...
Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense
Terraform Labs (TFL), the developer of the failed Terra blockchain, wants to subpoena bankrupt FTX for relevant documents it could use to de...