Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that […]
On Tuesday, March 5, the Appellate Court of Montenegro has overruled the decision of the High Court of Podgorica, which had approved the extradition of Terraform Labs co-founder Do Kwon to the United States for […]
In a letter to Judge Jed S. Rakoff, counsel for Do Kwon, the former CEO of Terra, has formally requested the postponement of his trial in the United States. The trial, which addresses charges brought […]
The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims. A court filing from Oct. 27 showed […]
LUNA, the native token of the Terra 2.0 blockchain, was among the many gainers in the past week positively affected by Bitcoin’s impressive rally toward the $35,000 mark. According to data from CoinMarketCap, LUNA is […]
LUNA recently underwent a successful upgrade to v2.3.1, thanks to a strong show of support for proposal 4717. While the Terra community celebrated the milestone on Twitter, on-chain metrics tell a different story. Development activity […]
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