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Nalezeno "Luna collapse": 14

Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea

2.8.2024
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a fake passport, faces criminal charges in South...

Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash

30.4.2024
Lawyers for Terraform Labs and its founder Do Kwon are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion, new court docs reveal. Kwon and the crypto company were found liable for the Terra-Luna collapse by a jury trial...

Do Kwon Faces Extradition to U.S. for Charges Tied to the TerraUSD and Luna Collapse: WSJ

7.12.2023
The blowups of his UST and LUNA tokens fueled a crisis that gripped the whole crypto industry in 2022, causing losses that reverberated far and wide

Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse

28.9.2023
Do Kwon, founder of Terraform Labs, is fighting a U.S. Securities and Exchange Commission (SEC) request to extradite him for questioning about the collapse of his stablecoins Terra and Luna, according to court documents filed on Wednesday. The filing, submitted to the U.S. District Court for...

Do Kwon lawyers received $7 million before Terra collapse: Report

15.4.2023
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case

Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards

18.11.2022
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains...

Terra Founder Do Kwon Says Luna Collapse ‘My Responsibility Alone’

19.10.2022
Terra (LUNA) founder Do Kwon has said in a recent podcast interview that the collapse of Terra due to design weaknesses is “my responsibility alone,” while admitting that “it’s not easy” to own up to the responsibility. Speaking in an interview with host Laura Shin on the Unchained Podcast,...

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

23.6.2022
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. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before...

Cardano’s Hoskinson: Luna Collapse Shows Need to Go Slow in Crypto

27.5.2022
“If you move too quickly … everybody loses their money,” says Hoskinson, who will speak at Consensus 2022 next month

While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’

27.5.2022
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during...

IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST

26.5.2022
The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). IMF Chief Has a Message for Crypto Investors After the Collapse of LUNA,...