Bitcoin News / Bitcoin.com - 2 years ago
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators.
Terrafor...
Cryptocoins News / The Cointelegraph - 2 years ago
The audit tracked efforts to defend the UST peg from May 8 to12 and found no wrongdoing. LFG used the data to draw conclusions about frozen funds. The Luna Foundation...
Cryptocoins News / The Cointelegraph - 2 years ago
Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Authorities in South K...
Cryptocoins Exchanges / CEX.IO - 2 years ago
This weekly piece of cryptocurrency price analysis and thought leadership is brought to you by the expert team at CEX.IO, your crypto guide since 2013. At CEX.IO, we’re committed to providing the latest price updates and thoughtful breakdowns to hel...
by COINS NEWS - 2 years ago
Google translation (source https://youtu.be/1LcFX9hjU2Y) Kwon Do-hyung, who created the cryptocurrency Terra Luna, reported that there was a situation where he directly ordered the price manipulation, citing the prosecution's investigation yester...
Bitcoin News / Google News Bitcoin - 2 years ago
The Next Terra Luna? ‘Bank Run’ Fears Emerge As Billionaire Exchange Owners Go To War In $2 Trillion Bitcoin, Ethereum And Crypto Price Crash Aftermath& & Forbes
Cryptocoins News / EthereumWorldNews - 2 years ago
A recent report by Bloomberg reveals that Do Kwon might be living in Europe.
A new crypto allegation is plaguing Do Kwon, insinuating that Kwon may have manipulated the price of Luna before its collapse.
Despite being embroiled in an array o...
by COINS NEWS - 2 years ago
In its latest shareholder letter released Nov. 3, the company shared that transaction revenue had fallen from $655.2 million in the second quarter to $365.9 million, representing a decline of 44%. In your opinion what explains the fact that Coinbase...
Cryptocoins News / The Cointelegraph - 2 years ago
Prosecutors have reportedly secured a “messenger conversation” in which Kwon ordered an employee to manipulate Terra’s market price. A local report from South Korea cl...
Cryptocoins News / EthereumWorldNews - 2 years ago
South Korean prosecutors have alleged that Do Kwon instructed one of his employees to manipulate Terra’s price.&
The prosecutors have cited messenger conversations between the Terra founder and the employee.&
As of today, Kwon’s pas...
Bitcoin News / Bitcoinist - 2 years ago
LUNC (Terra Luna Classic) continues to experience severe losses as its market capitalization took a heavy hit earlier today.
On November 1, the asset’s overall valuation stood at $1.60 billion but in just a span of 24 hours, the value declined by alm...
Bitcoin News / Bitcoin.com - 2 years ago
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi...
Bitcoin News / Bitcoinist - 2 years ago
The Singapore-based crypto lender has lost close to $190 million, as per reports, due to its exposure to Terra’s algorithmic stablecoin UST.
The crypto lender platform had downplayed its exposure to Terra’s stablecoin UST despite the fact...
Cryptocoins News / Blockchain - 2 years ago
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut's Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in May 2022. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 mil...
Cryptocoins News / CoinJournal - 2 years ago
Cryptocurrency can be a polarising subject. Some believe it will change the world. They say we will live in a society with Bitcoin as the reserve currency; we will purchase our chai tea lattés in Starbucks with digital tokens, and then we will...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Crypto lender Hodlnaut did not fully disclose its exposure to Terra’s failed ecosystem, Bloomberg reported.An interim judicial manager appointed by a Singaporean reported that the beleaguered crypto lender lost around $190 million...
Bitcoin News / Bitcoinist - 2 years ago
Do Kwon, now a fugitive wanted by South Korean prosecutors and the Interpol, has a new fire to put out as more than 300 investors from Singapore decided to file a class action lawsuit against the Terra Labs co-founder.
The 357 capitalists from the As...