Terra News

Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.

dollar coin and a worn Terra token sit behind a courthouse fence, symbolizing how the Jump–Terraform lawsuit is testing confidence in stablecoin trust structures.

Shock $4 billion crypto lawsuit exposes the hidden “shadow trading” that may be artificially holding up stablecoin prices

New allegations suggest that the industry’s “stable” $1 promise often relies on secret backroom incentives rather than actual cash reserves.

2 months ago

Legal

Do Kwon pleads guilty on two charges, faces potential 12-year sentence

The charges carry a statutory maximum of 25 years, but prosecutors agreed to recommend no more than 12 years if Kwon accepts responsibility and commits no additional crimes.

6 months ago

Legal

Terraform Labs co-founder Do Kwon set to plead guilty on August 12 in $40B fraud case

The change comes months ahead of the January 26, 2026, trial date initially set for the case.

6 months ago

Bankruptcy

Terraform Labs launches claims portal for algorithmic UST stablecoin crash victims

Terraform Labs sets deadline for UST creditors to file claims, requiring proof of asset ownership and eligible tokens.

10 months ago

Legal

US court schedules Do Kwon’s jury trial for January 2026

A pretrial conference will take place in Mar. 6 and might include a plea deal requirement.

1 year ago

Legal

Do Kwon pleads not guilty in US court over Terra ecosystem collapse

Kwon is under US custody after a lengthy extradition battle.

1 year ago

Legal

US authorities take custody of Do Kwon, ending months-long extradition process

Montenegrin police transferred Kwon to US authorities at Podgorica International Airport on Dec. 31.

1 year ago

Legal

Montenegro’s Justice Minister signs order to extradite Do Kwon to US

Nearly two years after Kwon's apprehension, the extradition battle between the US and South Korea comes to an end.

1 year ago

Crypto

Montenegro court rejects Do Kwon’s extradition appeal

The court rejected claims of legal issues, with the US emerging as a likely choice for extradition.

1 year ago

Crime

SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

Tai Mo Shan accused of masking true support behind Terra USD stability.

1 year ago

Legal

Do Kwon’s extradition mired in controversy after Montenegro’s ex-Justice Minister alleges corruption

Former Justice Minister Andrej Milović called on the US to pressure Montenegro's Prime Minister to ensure a comprehensive investigation of Terra's collapse.

1 year ago

Stablecoins

Terraform Labs secures court approval to wind-down operations after settling with SEC

US Bankruptcy Judge Brendan Shannon approved Terraform's bankruptcy plan in Wilmington, Delaware, giving a green light to the wind-down.

1 year ago

Terra News

Shock $4 billion crypto lawsuit exposes the hidden “shadow trading” that may be artificially holding up stablecoin prices

Do Kwon pleads guilty on two charges, faces potential 12-year sentence

Terraform Labs co-founder Do Kwon set to plead guilty on August 12 in $40B fraud case

Terraform Labs launches claims portal for algorithmic UST stablecoin crash victims

US court schedules Do Kwon’s jury trial for January 2026

Do Kwon pleads not guilty in US court over Terra ecosystem collapse

US authorities take custody of Do Kwon, ending months-long extradition process

Montenegro’s Justice Minister signs order to extradite Do Kwon to US

Montenegro court rejects Do Kwon’s extradition appeal

SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

Do Kwon’s extradition mired in controversy after Montenegro’s ex-Justice Minister alleges corruption

Terraform Labs secures court approval to wind-down operations after settling with SEC

Terra Classic

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