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TerraUSD

Do Kwon’s Extradition From Montenegro to Be Finalized by Week’s End –

cryptosheadlines03 mins

Montenegro plans to finalize Do Kwon’s extradition by the end of this week. Montenegro convicted Do Kwon of forgery, and he served a six-month sentence. The legal saga of Do Kwon, the co-founder of Terraform Labs, is nearing a major turning point. Montenegro’s Justice Minister, Bojan Božović, has confirmed that a decision regarding Kwon’s extradition…

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Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

cryptosheadlines01 mins

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted…

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