Terra (LUNA)
Terra Co-founder Daniel Shin’s Fraud Trial Set for May 26
Terra co-founder Daniel Shin’s first hearing is set for May 26, 2023. The trial date comes after two failed attempts by local prosecutors to detain…
SHIB Token Burn Rate Shoots Up By Staggering 13000% In 24 Hrs
SHIB sees an increased token burn rate after 1.7 billion coins go to dead wallets. Over 410 trillion units of SHIB have been burnt to…
Terra Co-founder Daniel Shin Indicted by South Korean Authorities
South Korean prosecutors have indicted Terraform Labs co-founder Daniel Shin. Shin was indicted along with nine others on multiple charges including violations of capital markets…
Terra CEO Do Kwon to Face Court Hearing Over Passport Fraud Charges
Do Kwon faces charges for using a fake passport, with a court hearing scheduled for May 11. Terraform Labs' CEO and CFO were arrested and…
Terra CEO Sent $7M to Law Firm Before Collapse, Prosecutors Confirm
Terra CEO Do Kwon sent $7 million to Kim & Chang before the ecosystem collapsed, prosecutors confirmed. Kim & Chang was also the legal representative…
Investigation Reveals Terra LUNA Sent $7M to Law Firm Before Collapse
Terra Luna moved $7M to Korea's law firm, Kim & Chang, before it imploded. Terra's CEO is suspected of preparing legal responses before the collapse.…
Terra LUNA Executives Are Under Investigation for Embezzling ₩414B
Terra CEO and other execs are accused of deceiving investors and collecting $350M. Authorities seized the Seoul apartment of Hyun-Seong and other properties. Assets that…
Korean Prosecutors Freeze $175M of Terraform Labs Assets
Korean prosecutors have frozen $175 million worth of assets belonging to Terraform Labs. The prosecution obtained a court's citation decision in November last year, allowing…
Do Kwon’s Passport Has Become Fatal for his Arrest; Report Says
FatMan tweeted that Do Kwon was arrested as the police became suspicious of his fake passport. The analyst referred to DLNews’ post that explains the…
Terraform Labs’ Do Kwon Indicted For Fraud After Montenegro Arrest
Do Kwon, the disgraced founder of Terraform Labs, was indicted on charges of fraud for $40 billion in losses. Kwon was arrested in Montenegro and…
