Latest News and Articles about Terraform Labs
Terraform Labs Launches Claims Portal for TerraUSD Victims: $40B Losses Addressed
Terraform Labs Opens Claims Portal for TerraUSD Victims On March 31, 2025, Terraform Labs launched a Crypto Loss Claims Portal, offering a beacon of hope for investors affected by the catastrophic collapse of Terra USD (UST) in May 2022. The UST, designed as an algorithmic stablecoin to maintain a stable value through algorithms, failed spectacularly, […]
Read MoreDo Kwon Faces Up to 130 Years for Terraform Fraud: Extradited to U.S.
Do Kwon Indicted on Multiple Charges, Could Face Up to 130 Years in Prison Do Hyeong Kwon, the co-founder of Terraform Labs, has been extradited to the United States from Montenegro, where he now faces a raft of federal fraud charges that could result in up to 130 years behind bars. The charges stem from […]
Read MoreMontenegro Court Rejects Do Kwon’s Appeal; Extradition to U.S. or South Korea Looms
Do Kwon’s Appeal Dismissed: Montenegro Court Upholds Extradition Ruling The Constitutional Court of Montenegro has thrown out Do Kwon’s appeal against extradition, marking another twist in the legal voyage of the Terraform Labs co-founder. Responsible for the implosion of TerraUSD and its sister token, Luna, Kwon’s saga now hinges on the decision of Montenegro’s Justice […]
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