TFL
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The SEC supported the request of the co-founder of the collapsed Terraform Labs (TFL), Do Kwon, to postpone the trial. Cointelegraph reports this with reference to court documents.
The commission said it was “fully ready, willing and able to proceed” with the trial against TFL and its head, but agreed the start date needed to be changed.
“The SEC joins Kwon's request for a short delay so that he can participate in the trial. If the trial date is postponed, the agency respectfully requests that the trial date be set for April 15, 2024,” the document states.
On January 11, the co-founder of TFL asked the US court to postpone the trial because he wanted to attend it in person, but could not do so due to the delay in extradition.
Despite the SEC's agreement with the postponement, the agency opposed the separation of the Kwon and Terraform Labs case. In February 2023, the Commission brought charges against both parties in the same proceeding.
#SEC #secNews #tfl #tera
The commission said it was “fully ready, willing and able to proceed” with the trial against TFL and its head, but agreed the start date needed to be changed.
“The SEC joins Kwon's request for a short delay so that he can participate in the trial. If the trial date is postponed, the agency respectfully requests that the trial date be set for April 15, 2024,” the document states.
On January 11, the co-founder of TFL asked the US court to postpone the trial because he wanted to attend it in person, but could not do so due to the delay in extradition.
Despite the SEC's agreement with the postponement, the agency opposed the separation of the Kwon and Terraform Labs case. In February 2023, the Commission brought charges against both parties in the same proceeding.
#SEC #secNews #tfl #tera
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$USTC $LUNC $LUNA
before #dokwon
later when it didn't happen #tfl
when there wasn't a room, the court,
when the court result was lost,
then when it didn't happen #cz became free,
when there wasn't a room, the big burns were on October 31st
someone who said this is now
saying #elonmusk 😅😅😅
yes yes, the phenomenon-verifying disgraces of the lunc community are chanting elon musk slogans
just kidding, as if it wasn't enough that they've been making fun of people for years, now they're practically swearing at you.
no more, vitalik is a step beyond this
and I'm afraid they're saving that for November.
I'm already writing their slogans,
vitalik gave up on eth and is thinking of becoming the boss of luna classic 😅😅😅😅😅😅😅😅😅
before #dokwon
later when it didn't happen #tfl
when there wasn't a room, the court,
when the court result was lost,
then when it didn't happen #cz became free,
when there wasn't a room, the big burns were on October 31st
someone who said this is now
saying #elonmusk 😅😅😅
yes yes, the phenomenon-verifying disgraces of the lunc community are chanting elon musk slogans
just kidding, as if it wasn't enough that they've been making fun of people for years, now they're practically swearing at you.
no more, vitalik is a step beyond this
and I'm afraid they're saving that for November.
I'm already writing their slogans,
vitalik gave up on eth and is thinking of becoming the boss of luna classic 😅😅😅😅😅😅😅😅😅
TFL will have to burn all funds on it until October 30, 2024.
A hearing has been added to end of the process.The next hearing will take place in the US bankruptcy court on October 30, 2024.
It has been reported that those who will attend the hearing will be; TFL, Luna Foundation
We are coming to the end of the process. TFL; will burn all #LUNC and #USTC held by it until the hearing on October 30, 2024. They have already burned #LUNA .
#square2earn
#lunc
#tfl
A hearing has been added to end of the process.The next hearing will take place in the US bankruptcy court on October 30, 2024.
It has been reported that those who will attend the hearing will be; TFL, Luna Foundation
We are coming to the end of the process. TFL; will burn all #LUNC and #USTC held by it until the hearing on October 30, 2024. They have already burned #LUNA .
#square2earn
#lunc
#tfl
🪙 Crypto and Blockchain News (November 25, 2023):
1️⃣ VISI SUD: The court in Podgorica has rendered a favorable decision in the extradition case of Terraform Labs (TFL) founder Do Kwon. According to the document, requests from both South Korean and U.S. authorities have been satisfied. The final decision on Kwon's extradition will be made by the country's Minister of Justice. Extradition is possible after the head of #tfl serves a four-month prison term for document forgery. 🌐
2️⃣ Wallet of Satoshi: The team behind the custodial Lightning #wallet for mobile devices, Wallet of Satoshi, has announced the removal of the app from the App Store and Google Play in the U.S., along with discontinuing service for American clients. The reasons for this decision have not been disclosed. Users in the U.S. have the option to withdraw or transfer funds to another wallet. 💼
3️⃣ Protos: Spanish football club "Atletico Madrid" has filed a lawsuit against the bitcoin exchange WhaleFin due to non-payment under a sponsorship contract of €40 million ($44 million). Ahead of the 2022/23 season, the team entered into a five-year contract with the Singaporean firm, but now claims that the platform breached it by failing to pay the promised amount. The club is seeking compensation of €20 million. ⚖️ Unfair deals can impact the industry's reputation.
4️⃣ Reuters: The President of the European Central Bank (ECB), Christine Lagarde, admitted that her son lost 60% on investments in digital assets, despite numerous warnings. 🤔 Investments in cryptocurrencies carry risks, and even experienced investors may face losses.
5️⃣ CoinGecko: 10 out of 11 tokens from artificial intelligence projects experienced growth after the turmoil at OpenAI. Akash Network (AKT) showed the highest increase — 61%, rising from $1.02 to $1.65 since Altman's departure. The coin reached its peak on November 20 at $1.85. 🚀
🔔 If you found the information useful, please like and share your thoughts in the comments!
1️⃣ VISI SUD: The court in Podgorica has rendered a favorable decision in the extradition case of Terraform Labs (TFL) founder Do Kwon. According to the document, requests from both South Korean and U.S. authorities have been satisfied. The final decision on Kwon's extradition will be made by the country's Minister of Justice. Extradition is possible after the head of #tfl serves a four-month prison term for document forgery. 🌐
2️⃣ Wallet of Satoshi: The team behind the custodial Lightning #wallet for mobile devices, Wallet of Satoshi, has announced the removal of the app from the App Store and Google Play in the U.S., along with discontinuing service for American clients. The reasons for this decision have not been disclosed. Users in the U.S. have the option to withdraw or transfer funds to another wallet. 💼
3️⃣ Protos: Spanish football club "Atletico Madrid" has filed a lawsuit against the bitcoin exchange WhaleFin due to non-payment under a sponsorship contract of €40 million ($44 million). Ahead of the 2022/23 season, the team entered into a five-year contract with the Singaporean firm, but now claims that the platform breached it by failing to pay the promised amount. The club is seeking compensation of €20 million. ⚖️ Unfair deals can impact the industry's reputation.
4️⃣ Reuters: The President of the European Central Bank (ECB), Christine Lagarde, admitted that her son lost 60% on investments in digital assets, despite numerous warnings. 🤔 Investments in cryptocurrencies carry risks, and even experienced investors may face losses.
5️⃣ CoinGecko: 10 out of 11 tokens from artificial intelligence projects experienced growth after the turmoil at OpenAI. Akash Network (AKT) showed the highest increase — 61%, rising from $1.02 to $1.65 since Altman's departure. The coin reached its peak on November 20 at $1.85. 🚀
🔔 If you found the information useful, please like and share your thoughts in the comments!
See original
I think $LUNC will fall to $0.00007000 to remove long positions as before.
I’m also interested in why the amount of circulating supply of a token without burning often changes 🤔
Share your thoughts in the comments, it’s very important to me👇📣
#tfl #TFL #LUNC #TerraLunaClassic
I’m also interested in why the amount of circulating supply of a token without burning often changes 🤔
Share your thoughts in the comments, it’s very important to me👇📣
#tfl #TFL #LUNC #TerraLunaClassic
See original
$USTC $LUNC
If you have had enough of the manipulations of phenomenon writers, bots and thief verifiers, let's go back to my truths now.?
First of all, there was no information in the court results and #sec minutes, #tfl statements, no official document that there would be major burns, that #tfl would burn the lunc and ustc funds in his possession!
I have told you this many times and warned you against this manipulation.
There was only information that the immobile coins on the shuttle bridge would be closed after a period of 1 month for withdrawal. Moreover, we had talked about the fact that these were not large amounts and that they would not have any positive effect on the price.
(even the thieves messed up while doing this process and closed the bridge late)
Now let's talk about what is expected in this network.
From now on, how the funds in hand will be used is completely up to the thieves' initiative. If there is a sales process going on, and the perception that this is happening is being created in the market!
The hands that will take over the batik terra coins should be those who are self-confident, very strong in terms of money, who cooperate with the big stock exchange that holds the funds to a large extent and, more importantly, who act quickly for these things!
Because we have a magnificent bull season ahead of us and as the footsteps get stronger, this situation also destroys people's interest in batik coins.
The transfer processes and the decisions to be taken afterwards, the roadmap to be followed, etc. these are not things that will happen in 2 days.
In short, I am hopeless about batik terra coins in this bull. I don't expect serious increases until next season. Of course it will get its share but don't dream of such strong increases, repeg 1usd etc.
These things are not like shooting rockets for free....
If you have had enough of the manipulations of phenomenon writers, bots and thief verifiers, let's go back to my truths now.?
First of all, there was no information in the court results and #sec minutes, #tfl statements, no official document that there would be major burns, that #tfl would burn the lunc and ustc funds in his possession!
I have told you this many times and warned you against this manipulation.
There was only information that the immobile coins on the shuttle bridge would be closed after a period of 1 month for withdrawal. Moreover, we had talked about the fact that these were not large amounts and that they would not have any positive effect on the price.
(even the thieves messed up while doing this process and closed the bridge late)
Now let's talk about what is expected in this network.
From now on, how the funds in hand will be used is completely up to the thieves' initiative. If there is a sales process going on, and the perception that this is happening is being created in the market!
The hands that will take over the batik terra coins should be those who are self-confident, very strong in terms of money, who cooperate with the big stock exchange that holds the funds to a large extent and, more importantly, who act quickly for these things!
Because we have a magnificent bull season ahead of us and as the footsteps get stronger, this situation also destroys people's interest in batik coins.
The transfer processes and the decisions to be taken afterwards, the roadmap to be followed, etc. these are not things that will happen in 2 days.
In short, I am hopeless about batik terra coins in this bull. I don't expect serious increases until next season. Of course it will get its share but don't dream of such strong increases, repeg 1usd etc.
These things are not like shooting rockets for free....