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Accusation: Citadel Securities Suspected of Causing UST Stablecoin Depeg Incident in May 2022 by Terraform Labs

Demian Crypter3 years ago3 min read

Terraform Labs Accuses Citadel Securities of Destabilizing TerraUSD Stablecoin Terraform Labs has accused Citadel Securities LLC, a U.S.-based market-making firm, of intentionally destabilizing its TerraUSD (UST)…

Terraform Labs Holds Citadel Responsible for UST Depeg Phenomenon

Bernard Nicolai3 years ago3 min read

Terraform Labs Files Motion Against Citadel Securities Terraform Labs has taken legal action to compel Citadel Securities to hand over trading documents that allegedly demonstrate the…

Terraform Labs Alleges Citadel Securities of Short-selling UST Amid De-pegging

Cino Gaperi3 years ago2 min read

Terraform Labs Accuses Citadel Securities of De-Pegging TerraUSD (UST) Terraform Labs has leveled serious allegations against Ken Griffin, the head of Citadel Securities, suggesting their potential…

Citadel Securities Allegedly Contributed to the Collapse of Terraform Labs’ Stablecoin

Coinan Porter3 years ago2 min read

Terraform Labs Accuses Citadel Securities of Causing Stablecoin Depeg Terraform Labs, founded by Do Kwon, has once again blamed Citadel Securities for allegedly orchestrating the depegging…

Recent Court Ruling Highlights Distinctions Between SEC vs. Ripple Case and Terraform, LBRY Lawsuits

Cino Gaperi3 years ago2 min read

Ripple Lawsuit: SEC’s Application for Appeal Denied Ashley PROSPER, a prominent XRP influencer, shared a snapshot of the court’s decision after the SEC’s application for an…

Investors Withdraw Class-Action Lawsuit Against Terraform Labs and Do Kwon

Coinan Porter3 years ago2 min read

A class-action lawsuit against Terraform Labs and Do Kwon is dropped A group of investors has decided to drop their class-action lawsuit against Terraform Labs and…

Terraform Labs Finds Relief as Class-Action Lawsuit is Dismissed

Cino Gaperi3 years ago3 min read

Terraform Labs Receives Minor Relief as Lawsuit Is Voluntarily Dismissed A recent legal filing revealed that Albright Capital has voluntarily dismissed its class-action lawsuit against Terraform…

Terraform Labs Founder Seeks Dismissal of SEC’s Inquiry Demand

Owen Patter3 years ago2 min read

Terraform Labs Founder Urges Court to Dismiss SEC’s Request for Questioning Do Kwon, the founder of Terraform Labs, has filed a court document urging a federal…

SEC Lawsuit Against Terraform Labs: Do Kwon’s Defense Attorney Resists Extradition Petition

Cino Gaperi3 years ago2 min read

Kwon’s Attorney Testifies In a recent filing on September 27, 2023, Kwon Do-Hyung’s attorney has requested the United States District Court to reject the SEC’s extradition…

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