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Learn about the legal ramifications faced by crypto trader Kow Seng Chai, as the Victorian Supreme Court issues a freezing order on his account. The post Crypto Trader Faces Investigation for Receiving $585K Excessive Refund from Exchange appeared...

According to a Sept. 22 filing, the co-founders of the now-defunct Terra blockchain project are alleged to have planned to create fraudulent transactions during the project’s development. There, the Securities and Exchange Commission (SEC) noted...

In this episode of the SlateCast, IOTEX co-founder Raullen Chai discusses the potential of Decentralized Physical Infrastructure Networks (DePIN) in bridging real-world and blockchain technology. He mentions sectors such as energy storage, sensor...

South Korean prosecutors said Terraform Labs executives, including Do Kwon and Daniel Shin, made 414.5 billion won ($314.2 million) by tricking investors into investing in the failed project. According to an April 7 KBS News report, the co-founder...

FBI and SDNY are probing the collapse of Terra’s algo-stablecoin – UST The agencies investigation is on similar lines as that of the SEC, which charged Do Kwon for committing securities fraud The United States Justice Department is reportedly...

Lawsuit Against Terraform Labs and Kwon Founders The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs and its founder, Do Kwon, who ran the Terraform ecosystem after it collapsed in 2022, for orchestrating securities fraud. In a...

The US regulator sues fugitive crypto CEO for orchestrating a multi-billion dollar "crypto asset securities fraud," alleges that both TerraUSD stablecoin and its sister coin Luna were securities.

As per Yonhap’s report, Shin claimed that he had cooperated with the investigation. He is also being charged with the violation of the Electronic Financial Transaction Act. After months of back and forth with Terra poster boy Do Kwon, prosecutors in...

According to local reports, Terraform Labs Co-founder Daniel Shin has claimed that he did not sell LUNA at its peak, before the token’s price collapsed. Shin reportedly held a considerable number of LUNA during the ecosystem’s collapse in May. The...