LUNC News: Terra Classic Community Passes Crucial CoinMarketCap Proposal

Caribbean’s Revival Mirrors the Growing Adoption in Argentina, Brazil, and Venezuela

Terraform Labs has obtained court approval to end its operations through bankruptcy proceedings.

Law Firms Earn $751M from Crypto Bankruptcies in 2022

Terra: Shuttle Bridge has been restarted, users need to redeem cross-chain assets as soon as possible.

Terra reopens the Shuttle Bridge, users need to redeem their assets as soon as possible.

Terra: Shuttle Bridge has been reopened. Users need to redeem their assets before the deadline.

Three Arrows Capital Sues TerraForm Labs for $1.3 Billion Over Alleged Market Manipulation

3AC Liquidators File $1.3 Billion Claim Against Terraform Labs for Misleading Token Stability

According to Bloomberg, liquidator of the bankrupt cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.3 billion in compensation from Terraform Labs to make up for the losses the fund suffered after the collapse of TerraUSD and Luna tokens in 2022. The liquidators claim that Terraform induced Three Arrows Capital to buy these tokens by manipulating the market.

The liquidator of Three Arrows Capital is seeking at least $1.30 billion in compensation from TerraForm Labs.

Three Arrows Capital Liquidator Seeks at Least $1.30 Billion in Compensation from Terraform Labs

Three Arrows Capital liquidator claims $1.30 billion from TerraForm Labs

Three Arrows Liquidators Seek $1.3 Billion Over 2022 Luna Crash

Terraform Labs to Sell Four Subsidiaries Amid SEC Settlement and Operational Wind-Down

South Korean crypto venture capital firm Hashed Ventures expands its business to Abu Dhabi.

Kanav Kariya, President of Jump Crypto, steps down, previously involved in SEC investigation.

According to Reuters, cryptocurrency firm Terraform Labs agreed to pay $4.47 billion to resolve a dispute with the SEC. Do Kwon will pay an additional $204 million to the SEC. The SEC previously accused Terraform Labs of misleading investors before the collapse of the stablecoin TerraUSD in 2022.

Terraform Labs agrees to pay 4.47 billion dollars to settle SEC dispute, with the founder paying an additional 204 million dollars.

SEC Settles for $4.47 Billion with Bankrupt Terraform Labs Over Crypto Fraud