Terraform Labs and its co-founder Do Kwon are asking the Southern District of New York court to strike out parts of the complaint filed by the U.S. Securities and Exchange Commission (SEC). The SEC accuses the collapsed stablecoin issuer and its disgraced former CEO of offering and selling crypto assets that qualify as securities. The […]
The post Do Kwon and Terraform Labs Seek Summary Judgement in SEC Lawsuit, Citing ‘Severe Deficiencies’ in the Case appeared first on The Daily Hodl.
A court in South Korea is issuing an arrest warrant for Terraform Labs founder Do Kwon following the collapse of the cryptocurrency Terra (LUNA) and algorithmic stablecoin TerraUSD (UST). Citing information from the prosecutor’s office, Bloomberg reports that warrants were issued to Kwon and five others who were charged with violations of the country’s capital […]
The post South Korean Authorities Seeking Terra (LUNA) Founder Do Kwon With Arrest Warrant: Report appeared first on The Daily Hodl.
The governments of the United States and South Korea have agreed to investigate the collapse of former top-10 crypto project Terra (LUNA) for potential financial misdoings. According to a new report by local Korean media outlet Yonhap News, the country’s justice minister Han Dang-hoon met with US prosecutors in New York this week to discuss […]
The post USA and Korea Join Forces To Investigate Terra (LUNA) Collapse for Potential Financial Crimes: Report appeared first on The Daily Hodl.
