Latest News

A judge at the Manhattan federal court granted a delay in a status conference planned for Do Kwon, the embattled co-founder of Terraform Labs.

Do Kwon's legal saga continues to intensify as new developments emerge.

The legal troubles of Do Kwon are far from over. A US federal judge has postponed his court hearing, originally set for March 6, after prosecutors uncovered a massive amount of new evidence.

Do Kwon's US court hearing has been postponed to April 10 as prosecutors review 4 terabytes of new evidence in the Terra collapse fraud case.

Manhattan Judge Paul Engelmayer has postponed a court hearing for former Terraform Labs CEO Do Kwon, allowing both sides more time to review new evidence.

A Manhattan federal judge has pushed back the United States government's case against former Terraform Labs chief executive Do Kwon. The post US Case Against Do Kwon Delayed as Prosecutors Review Massive New Evidence Trove appeared first on Cryptonews.

It seems like Do Kwon's fate is set in stone! Terraform Labs co-founder Do Kwon's U.S. court hearing has been postponed after prosecutors uncovered a massive trail of new evidence. Originally set for March 6, the hearing will now occur on April 10, giving both sides more time to review the findings.

The next hearing in the US government's case against Terraform Labs co-founder Do Kwon has been delayed until April after prosecutors said they found another four terabytes of evidence.

A US federal court has postponed a key hearing in the case against Terraform Labs co-founder Do Kwon after prosecutors submitted an extensive amount of new evidence, significantly broadening the case.

XRP lawyer John Deaton has accused the US Securities and Exchange Commission (SEC) of targeting legitimate crypto companies while ignoring actual fraudsters like Sam Bankman-Fried (SBF) and Do Kwon in a post on X today.

South Korea's Supreme Court has upheld a lower court ruling that TerraUSD and LUNA tokens aren't considered financial investment products under the Capital Markets Act, as reported by Korean newspaper Etoday ¹. This decision means TerraUSD and LUNA can't be classified as regulated securities, which will impact ongoing legal proceedings against Terraform Labs executives, including co-founder Shin Hyun-Seong. The post Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea's Supreme Court Rules appeared first on Cryptonews.

The verdict sets a key precedent that could influence future legal classifications of virtual assets in South Korea.

South Korea's Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products.

The crypto market just witnessed one of its worst crashes ever, with over $2.24 billion wiped out in liquidations within a single day, even surpassing LUNA and FTX collapses. Bitcoin plunged to $94,000, dragging the entire market into chaos, and leaving leveraged traders in ruins.

Crypto traders betting on higher prices just got wrecked. Over $2.2B in liquidations hit the market as Bitcoin fell to $91K and Ethereum crashed 20% in 24 hours.

The Terra Luna community has taken a decisive step to strengthen its ecosystem. In a recent governance vote, members overwhelmingly approved a proposal to burn unbacked Axelar assets.

Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

Once again, rounds of insolvencies have entered the crypto space, with Thorchain being the most recent. The network has paused THORFI services, probably due to its financial uncertainty, which has circulated shock waves across the markets. The functions like swaps remain active while the lending operations are on hold.

Virtuals Protocol token bounced back on Tuesday, Jan. 14, a day after forming a doji candlestick pattern as its ecosystem tokens rebounded. Virtuals Protocol (VIRTUAL) rose to $2.

Disgraced Terraform Labs co-founder Do Kwon will reportedly face trial in the US early next year. Bloomberg reports that New York District Judge Paul Engelmayer on Wednesday set the schedule of the trial, which will begin on January 26th, 2026 and is anticipated to last from one to two months.

Today's edition of the weekly recap includes top headlines of Do Kwon, Razzlekhan's new music video, Bitcoin's price slump, Bhutan's crypto reserve, and other trending news items.

Terra founder Do Kwon's criminal trial has been set. Here's what you need to know about the $40 billion collapse of TerraUSD and LUNA.

Former Terraform Labs co-founder Do Kwon's criminal trial for alleged fraud has been scheduled for January 2026 due to the need to process six terabytes of evidence and unlock multiple encrypted devices containing potential evidence in multiple languages.

US prosecutors have laid out their plans for discovery in the ongoing criminal case against Terraform Labs co-founder Do Kwon.