Terraform Labs

On March 23rd, according to people familiar with the matter, Do Kwon\’s personal passport was detained in Serbia.
Insider: Do Kwon\’s personal passport was detained in Serbia
Introdu

On March 23, the Minister of Internal Affairs of Montenegro, Filip Adzic, announced on his social platform that Terraform Labs co founder Do Kwon had been arrested in Montenegro.
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It is reported that the US Department of Justice launched an investigation into the collapse of the stable currency Terra USD under the name of Do Kwon, founder of Terraform Labs. The FBI and New York officials have questioned the former Terra members. The US Department of Justice launched an investigation into the collapse of Terra USD Analysis based on this information:Recently, reports surfaced stating that the US Department of Justice has launched an investigation into the collapse of Terra USD, a stable currency backed by blockchain, under the name of Do Kwon, the founder of Terraform Labs. Along with the FBI and New York officials, former Terra members are being questioned about the situation. Terra USD is a digital currency that was designed to maintain a steady value using various algorithms and mechanisms. It is said to be a stable coin, meaning that it is supposed to have minimum fluctuations and maintain a fixed value. However, this was not…

It is reported that according to the data disclosed by the chain analyst @ Lookonchain, the address marked by Nansen as Terraform Labs has sold all 20 million LDOs today at a price of $207, of which 15.3 million LDOs (about $32 million) were sold on DEX at an average price of $2.1, and 4.7 million LDOs (about $9.4 million) were transferred to the cryptocurrency exchange on May 9, when the selling price was $2. Terraform Labs participated in Lido’s $2 million financing transaction in 2020 and obtained 20 million LDO tokens. Terraform Labs has sold all 20 million LDOs Analysis based on this information:The recent data revelation by Lookonchain discloses that Terraform Labs has sold its entire 20 million LDO tokens today at a price of $207. This sale has brought Terraform Labs an amount of over $40 million. The LDO tokens were sold in two parts- 15.3 million LDOs for $32 million on a decentralized exchange at an…

On March 6, according to Bloomberg News, the Singapore police have launched an investigation into Do Kwon and Terraform Labs. Terraform Labs did not immediatel…

According to reports, Timothy Massad, former chairman of the United States Commodity Futures Trading Commission (CFTC), said that it was absolutely correct for…

It is reported that according to two insiders, Jump Trading is a trading company charged by the United States Securities and Exchange Commission (SEC) with pro…

It is reported that the United States Securities and Exchange Commission (SEC) sued Terraform Labs and its co-founder Do Kwon, the company behind the failed Te…

It is reported that Gabriel Shapiro, the general counsel of Delphi Labs, said on Twitter that the lawsuit of the United States Securities and Exchange Commissi…