Labs

Extradition of Former Terraform Labs Financial Officer to South Korea

Noah RyptonFeb 5, 20242 min read

Montenegrin Authorities Extradite CFO of Terraform Labs to South Korea The chief financial officer (CFO) of the now-defunct cryptocurrency firm Terraform Labs, Han Chang-joon, has been…

Former CFO of Terraform Labs Transferred from Montenegro to South Korea

Demian CrypterFeb 5, 20242 min read

Terraform Labs’ Former CFO Extradited to South Korea Former chief financial officer of Terraform Labs, Han Chang-joon, has been extradited from Montenegro to South Korea. The…

Extradition of Terraform Labs’ Former CFO to South Korea

Theon BarrettFeb 5, 20242 min read

The Extradition of Han Chang-joon Han Chang-joon, the former CFO of Terraform Labs, a now-defunct crypto firm, has been extradited from Montenegro to South Korea. This…

NFT Artist Ryder Ripps Obligated to Pay $9 Million to Yuga Labs

Wyatt NewsonFeb 5, 20243 min read

NFT Legal Drama: Artists Ordered to Pay $9M to Yuga Labs NFT artist Ryder Ripps and his associate Jeremy Cahen have been hit with a final…

Legal Battle: Yuga Labs and Bored Ape Accuse Artists of Infringing Copyright, Resulting in a Whopping $9 Million Penalty

Noah RyptonFeb 4, 20243 min read

Legal Setback for Artists in Bored Ape Yacht Club Copyright Lawsuit Artists Ryder Ripps and Jeremy Cahen have suffered a setback in their legal battle against…

Final Judgment in Lawsuit Requires Ryder Ripps to Pay Yuga Labs $9 Million

Theon BarrettFeb 3, 20242 min read

Ryder Ripps and Jeremy Cahen Ordered to Pay Yuga Labs $9 Million in Lawsuit Settlement Ryder Ripps and Jeremy Cahen, the creators of the “copycat” RR/BAYC…

Polygon Labs Implements 19% Workforce Reduction to Boost Operational Efficiency

Benito CormiFeb 3, 20243 min read

Polygon Labs Streamlines Team, Cuts Workforce by 19% In an effort to optimize operational performance, Polygon Labs has made the decision to reduce its team by…

Polygon Labs, a Scaling Solution Developer, Announces Workforce Reduction of 19% for Reasons Unrelated to Finances, Says CEO

Daisy HodleyFeb 2, 20242 min read

The Developer Behind Polygon (MATIC) Lays Off 19% of its Workforce Polygon Labs, the developer behind the Polygon (MATIC) ecosystem, has announced that it is laying…

Meta’s Reality Labs Achieves $1 Billion in Q4 Revenue Despite Operating Losses of $4.65 Billion

Owen PatterFeb 2, 20242 min read

Reality Labs Sets Revenue Records Meta’s metaverse unit, Reality Labs, achieved its most successful quarter yet, generating over $1 billion in revenue in Q4 of 2023.…

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