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


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,...

On-Chain Data Suggests Do Kwon Still Cashing Out Terra Holdings


On-chain data from the Terra blockchain suggests that Terra founder Do Kwon, who is wanted by South Korean police, is still cashing out from his “shadow wallets.” The claim that Do Kwon is still cashing out was shared on Twitter by the pseudonymous user FatMan, a popular Twitter user who in...

Terra Luna Foundation Guard Freezes $100M Compensation Treasury


The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns. The organization announced the news in a Friday tweet, noting that they...

S Korean Court Rejects Terra Exec Arrest Warrant Request, LUNC Prices Rise


Prosecutors in South Korea have been dealt a blow after a district court rejected their arrest warrant request for a Terraform Labs executive who they think headed the troubled firm’s business operations – with Terra Luna Classic (LUNC) prices rising high in the wake of the news.... Read More:...

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