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South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
Terra’s branding at MLB opener draws attention from spectators
1.4.2023
An attendee shared an image of a Terra banner at Washington National Park with the slogan "a decentralized economy needs decentralized money."
US or South Korea: Terraform Labs Co-Founder Do Kwon Extradition Fate to Be Decided by Judge
30.3.2023
A judge will decide whether Do Kwon will be extradited to the United States or South Korea, Montenegro’s justice minister, Marko Kovac, reportedly said.
“Consideration will be given to the gravity of crimes, location of committed offenses, sequence of requests, as well as citizenship” of...
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition
30.3.2023
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation,...
Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
28.3.2023
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility...
Terra Luna Classic Price Prediction as Bulls Hold LUNC Above $0.00012 – Can LUNC 10x From Here?
28.3.2023
Luna Classic (LUNC) bears remain in control.
The cryptocurrency, which powers the now largely defunct original Terra blockchain that experienced catastrophe back in May 2021 was last changing hands close to $0.00012, only slightly above the $0.0001170 lows it hit earlier this month.
Price...
Do Kwon registered a company in Serbia for $1 amid Interpol red notice: Report
28.3.2023
The Terraform Labs executive reportedly established a company called “Codokoj22 d.o.o. Beograd” in Serbia, with its main business activity listed as consultancy services
Terraform Labs Founder Do Kwon Faces Fraud Charges in New York Following Arrest in Montenegro
24.3.2023
Terraform Labs founder and crypto fugitive Do Kwon has been charged with eight counts of fraud in New York after his arrest in Montenegro.
The indictment, which was made public in the U.S. District Court in Manhattan on Thursday, charges Kwon with two counts each of securities fraud, wire fraud...
Breaking: Terraform Labs co-founder Do Kwon reportedly arrested in Montenegro
23.3.2023
The former blockchain executive is wanted by Interpol for his role in the $40 billion collapse of the Terra Luna ecosystem during May 2022
1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX
16.3.2023
Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia
Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
14.3.2023
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra...
Terra Luna Classic Price Prediction as LUNC Surges by 10% – Where is the Next LUNC Target?
13.3.2023
Crypto bulls are on the offensive following an eventful event characterized by disclosures of exposure to fallen United States banks. Terra Luna Classic price spiraled massively during the weekend as investors reacted to the messy events surrounding Silicon Valley Bank (SVB) and Signature Bank...
Singapore Police Launch Investigation into Crypto Fugitive Do Kwon and Terraform Labs – Where is He?
7.3.2023
Singapore authorities have launched a probe into Do Kwon's Terraform Labs, the entity that developed the now-collapsed TerraUSD stablecoin.
According to a Monday report by Bloomberg, Singaporean police sent an emailed statement announcing that “investigations have commenced in relation...
Terra Luna Classic Price Prediction as LUNC Bounces From Support – Can LUNC Keep Going Higher?
6.3.2023
Last Friday’s crypto market dip on Silvergate Bank concerns weighed heavily on Luna Classic (LUNC), the cryptocurrency that powers the original but not largely defunct Terra blockchain ecosystem. After dipping more than 10% on Friday from near $0.00017 to around $0.00015, the cryptocurrency...
NFT Trading Volumes Hit $2B in February, Highest Since LUNA Crash, Thanks to Blur
2.3.2023
According to DappRadar’s February report, the catalysts for the huge spike include the ongoing NFT marketplace war and Yuga Labs’ loyal fans and successful launches
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter
26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...
Yield platform Stablegains sued for promoting UST as a 'safe' investment
20.2.2023
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year
TerraUSD Stablecoin Scandal: SEC Sues Terraform Labs and Do Kwon for Deceiving Investors – Here's What Happened
17.2.2023
The US Securities and Exchange Commission (SEC) has sued Terra founder Do Kwon and his organization Terraform Labs for securities fraud.
“[The SEC] today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud...
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from...
Terra Luna Classic Price Prediction as LUNC Spikes Up – Is a New Rally Starting?
11.2.2023
Terra Luna Classic price seems poised to print a series of green candles after bouncing off support at $0.0001584. LUNC trades at $0.0001666 after accruing almost 5% in gains on the day. If the technical picture stays bullish, Terra Luna Classic price may close the gap to $0.0002, where bulls...