A judge at the Manhattan federal court granted a delay in a status conference planned for Do Kwon, the embattled co-founder ...

A Manhattan federal judge has pushed back the United States government’s case against former Terraform Labs chief executive ...

A jury found Kwon and Terraform Labs liable on civil fraud charges at trial, and Kwon and Terraform decided to settle with the SEC before a second phase of the trial that would have determined the ...

The settlement came after initial proposals from the SEC suggested a $5.3 billion penalty, which Terraform Labs contested by advocating for a maximum fine of $1 million. Ultimately, on June 6 ...

On Feb. 20, the Securities and Exchange Commission announced the creation of the Cyber and Emerging Technologies Unit (CETU) stating its focus will ...

The case is SEC v Terraform Labs Pte Ltd et al, U.S. District Court, Southern District of New York, No. 23-01346. (Reporting by Jonathan Stempel in New York and Tom Hals in Wilmington, Delaware ...

Much of the SEC’s $8.2 billion came from the Terraform Labs case, involving the defunct company and its CEO, Do Kwon. It won a $4.5 billion judgment against Terraform Labs, which made up 56% of ...

A significant portion came from the SEC’s case against Terraform Labs and its founder, Do Kwon. The Investing News Network is where knowledge meets opportunity. We publish InvestingNews.com as a ...

Citadel Securities may enter crypto market-making, evaluating top exchanges as it awaits regulatory clarity for broader institutional involvement.

the SEC initiated 33 enforcement actions related to crypto fraud, securing $8.2 billion in penalties. A significant portion came from the SEC’s case against Terraform Labs and its founder, Do Kwon.