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Jump Trading Allegedly Supported Terra Before It Collapsed, New SEC Filings Show
16.5.2023
A US regulator’s court filings confirm that Jump Trading secretly supported Terraform Labs — the company behind the failed algorithmic stablecoin — about a year before the company collapsed.
The Securities and Exchange Commission filed a document last week showing a contract between Terraform...
Could AI help Terra Luna Classic recover?
16.5.2023
Since its implosion and subsequent hard fork by LUNA, Terra Luna Classic (LUNC) has struggled to gain momentum in the cryptocurrency market, with its value declining. Now, industry experts suggest AI could help LUNC recover and attain its full potential. By leveraging advanced machine learning...
SEC under fire for its custody rule: Law Decoded, May 8–15
15.5.2023
Last week was harsh for the United States Securities Exchange Commission, with industry figures and officials publicly criticizing the regulator
Do Kwon ‘Cashed out $2.8m Worth of USDT & LUNC’ Before Montenegro Bail Release
15.5.2023
The Terraform Labs Co-founder and CEO Do Kwon reportedly “cashed out” $2.8 million worth of crypto before being released on bail in Montenegro on Friday.
Per TVChosun and South Korea’s Economist, multiple sources claimed that around $500,000 worth of Tether (USDT) was withdrawn from a wallet...
Terra Luna Classic Price Prediction as LUNC Bounces 10% From Recent Bottom – Can LUNC Reach $1 in 2023?
14.5.2023
As Terra Luna Classic (LUNC) experiences a 10% rebound from its recent lows, the crypto community is buzzing with anticipation.
The key question on everyone's mind is: Can LUNC reach the coveted $1 mark in 2023?
This update delves into the Terra Luna Classic price predictions, examining...
Alleged TerraUSD Price Manipulation Results in $1.3B Lawsuit Against Jump Trading
14.5.2023
Jump Trading has been sued for conspiring to manipulate the price of TerraUSD (UST) following the stablecoin’s unprecedented collapse.
New Jersey-based resident Taewoo Kim has filed the lawsuit on behalf of affected investors, alleging that Jump Trading acquired substantial quantities of UST...
Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD
13.5.2023
Jump Trading and its CEO Kanav Kariya are accused of violating United States regulations and unjust enrichment in the lawsuit
Today in Crypto: Silvergate to Delist from NYSE & Fire 230 Staff, US Trains Ukraine to Target Russian Oligarchs’ Crypto, LG NFT TV
12.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Silvergate to Delist from NYSE & Fire 230 Staff, US Trains Ukraine to Target Russian Oligarchs’ Crypto,...
Montenegro Court Agrees To Release Terraform’s Kwon and CFO on Bail
12.5.2023
A court in Montenegro accepted bail to release Terraform Labs co-founder Do Kwon and former chief financial officer Han Chang-joon from jail on Friday after allegedly using false documents.
The Basic Court Podgorica said the two would not be allowed to leave their homes in accepting the 400,000...
Terra Luna founder Do Kwon's bail terms officially accepted by Montenegro court
12.5.2023
The Montenegro court accepted the offered bail in the amount of $436,000 per person for Do Kwon and his former aide Han Chang-joon
Do Kwon Set To Be Released on Bail in Montenegro Travel Document Forgery Case
12.5.2023
Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues
Do Kwon's lawyers propose $436K bail as authorities prepare for June trial
11.5.2023
Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.”
Terraform Labs CEO Do Kwon Pleads Not Guilty to Forged Passport Charges
11.5.2023
Terraform Labs co-founder Do Kwon pleaded not guilty to allegedly using false passports from Belgium and Costa Rica on Thursday in a Montenegro court, according to Bloomberg News.
Kwon had been on the run for months after the demise of Terraform Labs, the company behind the algorithmic stablecoin...
Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro
11.5.2023
Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents
Terra Luna crash anniversary: Community reflects on the lessons learned
11.5.2023
The Terra Luna crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry
Terra Luna Classic Price Prediction as 10 May Marks 1 Year Anniversary of LUNA and UST Crash – Will Important News be Announced Today?
10.5.2023
The Terra Luna Classic price has gained by 8% in the past 24 hours, rising to $0.00009048 on the day the cryptocurrency witnesses the one-year anniversary of the infamous Terra crash.
This crash saw both LUNA and its sister stablecoin UST become almost worthless overnight, yet it seems that LUNC...
Prosecutor says Do Kwon's extradition to South Korea would best serve Terraform Labs' victims: Report
5.5.2023
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs
Terra Luna Classic Price Prediction as Bulls Hold Key $0.00010 Level – Where is LUNC Headed Next?
4.5.2023
Terra Luna Classic (LUNC) bulls are currently holding the cryptocurrency above the key psychological $0.00010.
Nonetheless, price predictions are becoming more bearish.
LUNC is the cryptocurrency that powers the original Terra blockchain that experienced catastrophe last May when its algorithmic...
Terra Luna Classic Price Prediction as LUNC Threatens Fall to Nine-month Lows – Here's Where LUNC is Heading Now
3.5.2023
Despite Binance’s latest monthly burn of over $150,000 worth of LUNC tokens and the recent hiring of a new, highly experienced Senior Cosmos developer to the layer-1 blockchain task force team, Luna Classic (LUNC) is threatening a breakout to fresh nine-month lows.
As a result, price predictions...