Terra | ForkLog

ForkLog 11 05.02.2024

Former TFL CFO Extradited to South Korea

The authorities in Montenegro have extradited former Chief Financial Officer of Terraform Labs (TFL), Han Chang-Joon, to South Korea. According to the statement, Joon was handed over “for proceedings related to several criminal offenses involving fraud in financial services, investments, and capital markets.” The document specifies that such offenses in South Korea “carry a potential […]

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ForkLog 16 22.01.2024

Terraform Labs Files for Chapter 11 Bankruptcy

The non-profit organization Terraform Labs (TFL), associated with UST and LUNA, has filed a bankruptcy petition under Chapter 11 of the U.S. Bankruptcy Code. In December, the Southern District of New York court sided with the U.S. Securities and Exchange Commission (SEC) in its lawsuit against TFL and its founder Do Kwon. In a summary […]

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ForkLog 23 16.01.2024

SEC Supports Do Kwon’s Request to Delay TFL Hearing

SEC has supported the request of Do Kwon, co-founder of the collapsed Terraform Labs (TFL), to postpone a court hearing. This was reported by Cointelegraph, citing court documents. January 17, 2024 | 10:26Update: The court granted Do Kwon’s request and set a new hearing date for March 25. “Despite Kwon’s statement that he has agreed […]

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ForkLog 17 12.01.2024

Unresolved Issues: FTX Creditors’ Complaints and Ripple Case Resurgence

In 2024, the upheavals of past years in the cryptocurrency market continue to make their presence felt. Recently, creditors of the collapsed FTX deemed the compensation amounts “unfair,” while the SEC once again attempted to revive the Ripple case. A Flawed Plan FTX creditor activist Sunil Kavuri reported that he and lawyers from the firm […]

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ForkLog 8 29.12.2023

Court backs SEC in Terraform Labs case

The Southern District of New York court sided with the SEC in the lawsuit against Terraform Labs (TFL) and its founder Do Kwon.

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ForkLog 16 19.12.2023

Montenegrin court overturns Do Kwon extradition ruling

The Montenegrin Court of Appeals overturned the extradition ruling for Terraform Labs co-founder Do Kwon to U.S. or South Korean authorities.

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ForkLog 7 13.12.2023

Detention of Do Kwon Extended in Montenegro

The Montenegrin court kept Terraform Labs founder Do Kwon in prison until February 15, 2024, at the request of the United States.

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ForkLog 9 08.12.2023

Media: Montenegro’s justice ministry leans toward extraditing Do Kwon to the United States

Montenegro's Justice Minister Andrey Milovich announced plans to extradite Terraform Labs founder Do Kwon to the United States.

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ForkLog 11 24.11.2023

Montenegro court approves extradition of Do Kwon

A court in Podgorica (the capital of Montenegro) has ruled in favour of extraditing Terraform Labs founder Do Kwon.

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ForkLog 19 13.11.2023

Terraform Labs acquires Pulsar Finance data provider

Terraform Labs (TFL) announced the acquisition of Pulsar Finance, a cross-chain data provider.

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ForkLog 9 09.11.2023

SEC Activity: Binance’s lack of arguments and details of the Terraform Labs case

SEC continues to wage lawsuits against major players in the crypto industry. Yesterday there were new comments on the Binance case and the collapse of Terraform Labs.

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ForkLog 10 03.11.2023

SEC seeks summary judgment in Terraform Labs case

SEC filed in the Southern District of New York a petition for a summary judgment in the lawsuits against Terraform Labs (TFL) and its founder Do Kwon.

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