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terraform labs
Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American sports league team he didn’t name. The funding would be in the form of TerraUSD (UST) stablecoins, or tokens pegged on a 1:1 basis with U.S. dollars.

Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol
Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies.

Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
CoinDesk’s Nikhilesh De discusses the latest legal battle between Do Kwon of TerraForm Labs and the U.S. Securities and Exchange Commission (SEC) as the regulator conducts an ongoing investigation of Terra’s Mirror Protocol.

Terraform Labs CEO on US Crypto Regulation: ‘It’s Not That Interesting’
Amidst a legal battle with the U.S. SEC, CEO of Terraform Labs Do Kwon and a top 10 winner of CoinDesk’s Most Influential 2021, discusses his take on the impact of U.S. crypto regulation on his business operations and the global industry.

New Lawsuit Shows Terra’s Do Kwon Was Served by SEC at 2021 Mainnet Conference
Do Kwon, CEO of DeFi platform Terraform Labs, is suing the U.S. Securities and Exchange Commission (SEC) after confirming he was served with an SEC subpoena at Messari’s Mainnet conference last month. “The Hash” team discusses the outlook for crypto projects following the latest ramped up enforcement efforts by U.S. regulators.
