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Do Kwon Interview Explains He’s ‘Devastated’ by LUNA Collapse, Says ‘There’s a Difference Between Failing and Fraud’

During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May.

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Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors

Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST).

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Elon Musk's support for Dogecoin grows stronger following $258B lawsuit

Musk was seemingly unshaken about the allegation as he doubled down on his love for the Dogecoin ecosystem with a tweet saying, "I will keep supporting Dogecoin." Not even a $258 billion class-action lawsuit alleging a crypto pyramid scheme could stop Elon Musk from publicly displaying his continued support for Dogecoin (DOGE).On June 16, a New York district court received a class action complaint against the world’s richest man Elon Musk and his companies, SpaceX and Tesla, for an alleged Ponzi scheme using DOGE tokens.

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Elon Musk gets hit with ‘ridiculous’ $258B Dogecoin lawsuit

The class-action lawsuit has raised many eyebrows in the crypto community, with many confident the suit will not be successful. Billionaire Elon Musk, along with his companies SpaceX and Tesla Inc, are all being sued for an astonishing $258 billion in damages for being “engaged in a crypto pyramid scheme” involving Dogecoin (DOGE).The damages sought are more than 34 times Dogecoin’s current market cap of $7.5 billion and nearly three times its ATH market cap of $88.68 billion in mid-2021.

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BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto is taking the cessation of withdrawals by crypto lending platform Celsius more personally and has threatened to file a class-action lawsuit against the embattled lender.

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BitBoy founder threatens class action lawsuit against Celsius

BitBoy Crypto founder Ben Armstrong said that Celsius won’t let him withdraw money from the platform without sending more money to it first.

Coin Telegraph - 16th Jun 06:06 - Bitboy Crypto, Ben Armstrong, Crypto YouTube, Celsius, Alex Mashinsky, Class Action Lawsuit, The, Founder, Platform, Class Action, Class, CLASS ACTION LAWSUIT

Investors Hit Binance.US With Class Action Lawsuit for Allegedly Misleading Customers About TerraUSD (UST)

Investors are filing a class-action lawsuit against Binance’s American arm, Binance.US, for allegedly falsely advertising investments in the algorithmic stablecoin TerraUSD (UST) as “safe.” Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed along with its affiliated asset Terra (LUNA), wiping out $40 billion in crypto market capitalization.

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Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US has been sued in a class-action lawsuit for the sale of unregistered security tokens from the Terra blockchain protocol.

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Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’

A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs.

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Binance.US faces class-action lawsuit over LUNA and UST sale

The lawsuit could be the first of many for the US-listed crypto exchanges that offered LUNA or UST to customers.

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Investors File Class Action Lawsuit Against Binance US Following LUNA-UST Fiasco

Terra's meltdown continues to cause suffering for some as Binance US has been served with a class-action lawsuit.

Crypto Potato - 13th Jun 11:06 - Binance, Terra (LUNA), Terra, Class Action Lawsuit, Us, LUNA, Luna, UST, Class Action, Ust, Class, Ust Fiasco, Exchanges