Bitcoin News / Bitcoinist - 1 year ago
The hunt for Terra founder Do Kwon has been ongoing for months now since the network collapsed. South Korean authorities continue their search and have already gone as far as invalidating Kwon’s passport but he continues to be elusive. This time arou...
Cryptocoins News / The Cointelegraph - 1 year ago
South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea. The global manhunt for Ter...
Cryptocoins News / Blockchain - 1 year ago
South Korean officials have asked Serbian assistance in bringing him back to face prosecution. The 31-year-old relocated to Singapore before the Terra ecosystem collapsed. Serbia is not one of South Korea's 31 bilateral extradition treaties. It's unc...
Cryptocoins News / The Cointelegraph - 1 year ago
The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom. In May 2022, Terraform Labs’ LUNA cryptocurrency and Terra...
Cryptocoins News / The Cointelegraph - 1 year ago
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated. A federal judge o...
Cryptocoins News / The Cointelegraph - 1 year ago
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform. A j...
Cryptocoins News / CoinJournal - 1 year ago
Terra Classic price has hit a daily high of $0.0001919 and it still has a bullish stance. At press time, LUNC was trading at $0.0001819; up 11.75% in the past 24 hours.
KEY TAKEAWAYS
The Terra Classic community aims to burn large amounts of LUNC tok...
Bitcoin News / Bitcoin.com - 1 year ago
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit,...
Bitcoin News / Google News Bitcoin - 1 year ago
Terra Luna 2.0? Binance CEO Reveals Huge $2 Billion Fund After FTX Meltdown Crashed The Bitcoin And Crypto Price& & Forbes
Bitcoin News / Bitcoinist - 1 year ago
South Korean politician of the People Power Party, Yoon Chang-hyun, proposed amendments to the digital asset safe transaction bill as he believes the existing bill does not guarantee user protection given the recent FTX collapse. Yoon Change-hyun pro...
Bitcoin News / Bitcoin.com - 1 year ago
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at...
Cryptocoins News / The Cointelegraph - 1 year ago
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors. While...
Cryptocoins News / Blockchain - 1 year ago
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin's asset worth over $104 million was approved by the Seoul Southern Distric...
Bitcoin News / Bitcoin.com - 1 year ago
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect...
Bitcoin News / Bitcoinist - 1 year ago
In his first court filing, new FTX CEO and bankruptcy trustee John Ray III revealed yesterday an even greater extent of the fraud and chaos behind the collapse.
“Never in my career have I seen such a complete failure of corporate controls and s...
Bitcoin News / Bitcoin.com - 2 years ago
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held....