Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
US Bankruptcy Judge Brendan Shannon approved Terraform's bankruptcy plan in Wilmington, Delaware, giving a green light to the wind-down.
The charges and settlement are related to the hedge fund getting nearly $40 million stuck during FTX's collapse.
3AC liquidators have been aggressively pursuing avenues to recover funds for creditors since the firm's collapse.
The Appellate Court upheld the Higher Court's June decision to prioritize South Korea's extradition request over that of the US.
Security experts said Astroport was a "collateral damage" of the exploit.
The Montenegro prime minister has not publicly disclosed any investment with Terraform.
Amani said that certain teams and developers want to takeover the network and will announce their intent on the governance forums.
The ruling finds the defendants guilty of multiple securities law violations and imposes stringent penalties and restrictions on their future activities.
Luna Foundation still holds around $161 million worth of digital assets in its reserves.
