Using the sterically hindered terphenyl-based carboxylate, the tetrameric Co(ii) complex [Co4(μ3-OH)4(μ-O2CAr(4F-Ph))2(μ-OTf)2(Py)4] () with an asymmetric cubane-type core has been synthesized and fully characterized by X-ray diffraction, UV-vis spectroscopy, and electron paramagnetic resonance spectroscopy. Interestingly, the cubane-type cobalt cluster with 3-chloroperoxybenzoic acid as the oxidant was found to be very effective in the epoxidation of a variety of olefins, including terminal olefins which are more challenging targeting substrates. Moreover, this catalytic system showed a fast reaction rate and high epoxide yields under mild conditions. Based on product analysis and Hammett studies, the use of peroxyphenylacetic acid as a mechanistic probe, H2(18)O-exchange experiments, and EPR studies, it has been proposed that multiple reactive cobalt-oxo species Co(V)[double bond, length as m-dash]O and Co(IV)[double bond, length as m-dash]O were involved in the olefin epoxidation.