Singapore police confirmed "ongoing" investigations into Terraform Labs, which is also being sued by the US SEC following its collapse last May.
March 7, 2023The Terraform ecosystem was 'simply a fraud propped up by a so-called algorithmic stablecoin', says Gurbir Grewal.
February 17, 2023New arrest warrants are sought for co-founder Daniel Shin, as well as Terraform Labs investors and engineers.
December 2, 2022Prosecutors seized and froze USD 104.4 million in assets belonging to Daniel Shin, representing profits from the sale of pre-issued LUNA tokens to investors.
November 24, 2022TerraForm Labs accuses Korean prosecutors of overreach. Luna Foundation Guard money allegedly transferred overseas.
October 2, 2022The red notice for Do Kwon was issued at the request of Korean prosecutors, who say he is wanted for alleged capital market violations.
September 27, 2022Prosecutors say Terra coins were investment securities under Korea’s capital markets law. Do Kwon is alleged to have committed fraud.
September 15, 2022Prosecutors have seized transaction records from seven crypto exchanges and some of their affiliates as part of a probe into Terra's collapse.
July 26, 2022The travel ban is meant to prevent dozens of Terraform Labs employees in Korea from leaving the country to avoid being summoned for questioning.
June 23, 2022Crypto exchanges are also being asked to draft guidelines on the listing and delisting of digital tokens, so as to protect investors from another Terra-like collapse.
June 13, 2022