Terra (LUNA)
U.S Judge Reviews Terra’s Digital Assets Status as Securities
As per the latest reports, a U.S. judge deliberated over the classification of digital assets of the collapsed Terraform Labs as securities. The new revelation is at the heart of...
Terra Founder Do Kwon and CFO’s Bail Revoked, Next Hearing Looms
In a shocking twist to the Terra-Luna saga, the high court of Montenegro’s capital city has dealt a heavy blow to the embattled CEO of Terraform Labs, Do Kwon, and...
Do Kwon Wallet Drains over $2 Million One Year After LUNA Collapse
In a stunning turn of events, it has been confirmed that virtual assets worth 2.8 billion won, worth over $2.1 million, were withdrawn from an electronic wallet allegedly managed by...
ETH Price Will Rally to $2.4K After Dipping Toward $1.6K: Crypto Analyst
Analyst CryptoKaleo predicts Ethereum price will drop to $1,600 before rallying toward $2,400. The price dip will represent a retest of the pre-LUNA/UST liquidation breakdown level. Similarly, the analyst expects...
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 Shin. Shin has assembled a...
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 date. Terra LUNA Classic also...
Terra Co-founder Daniel Shin Indicted by South Korean Authorities
Terraform Labs co-founder Shin Hyun-Seong aka Daniel Shin has reportedly been indicted by prosecutors in South Korea. The indictment comes just a day after the Seoul Southern District Court dismissed...
Terra CEO Do Kwon to Face Court Hearing Over Passport Fraud Charges
According to the court website in Podgorica, the capital city of Montenegro, bankrupt Terraform Labs’ Do Kwon will face charges for purportedly trying to travel with a fake passport in...
Terra CEO Sent $7M to Law Firm Before Collapse, Prosecutors Confirm
In a shocking revelation, South Korean prosecutors have confirmed that Terraform Labs CEO, Do Kwon sent 9 billion won ($7 million) to a top South Korean law firm, Kim &...
Investigation Reveals Terra LUNA Sent $7M to Law Firm Before Collapse
A new discovery has been unearthed following investigations into the events before the blockchain projects of Terraforms Labs (TFL) imploded last year. According to a local report, prosecutors tracking the...
Terra LUNA Executives Are Under Investigation for Embezzling ₩414B
According to a local report on Friday, the South Korean crypto company Terra is under investigation by prosecutors over allegations of fraud and embezzlement in billions of Korean WON (KRW)....
Korean Prosecutors Freeze $175M of Terraform Labs Assets
FatManTerra, a prominent figure in the crypto community, shared on Twitter that Korean prosecutors have frozen $175 million worth of assets belonging to Terraform Labs (TFL) and ex-TFL employees, including...
Do Kwon’s Passport Has Become Fatal for his Arrest; Report Says
The crypto analyst FatMan pointed out, referring to the post of the crypto analytic platform DLNews, that Do Kwon, the co-founder of the fallen crypto firm Terra Labs, has been...
Terraform Labs’ Do Kwon Indicted For Fraud After Montenegro Arrest
According to U.S. prosecutors, Do Kwon, the cryptocurrency innovator responsible for two digital currencies that reportedly lost over $40 billion in value last year, has been indicted on fraud charges....
Terra Co-Founder Daniel Shin Appears in South Korean Court
Terraform Labs co-founder Shin Hyun-Seong aka Daniel Shin, reportedly appeared at the Seoul Southern District Court in Yangcheon-gu earlier today. South Korean authorities stepped up efforts to arrest Shin shortly...
Terraform Labs’ Ex-CEO Do Kwon Arrested for Fraud and Conspiracy
According to reports, Kwon Do-Hyung, more commonly known as Do Kwon, the ex-CEO of Terraform Labs, has been accused of fraud by U.S. authorities. He was arrested in Montenegro on...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
The crypto community’s attention has been drawn to a tweet by a MakerDAO delegate, PaperImperium, chastising Rune Christensen, a co-founder of MakerAO. The ambassador highlighted a section of the Maker...
3AC Liquidators Decide to Sell Some of the Company’s NFTs
Three Arrows Capital liquidators recently conveyed in one of their recent notices on Wednesday that the bankrupt hedge fund is moving towards selling some of its NFTs. The notice, which...
Gensler In Support Of SEC’s Latest Lawsuit Against Terraform Labs
Securities Exchange Commission (SEC) Chairperson Gary Gensler commends the SEC’s recent lawsuit. The SEC charged Singapore-based Terraform Labs PTE Ltd and South Korean National Do Hyeong Kwon with defrauding investors...
Warrant Issued Against TMON CEO In Terra Investigation In South Korea
On Wednesday, the former CEO of the massive e-commerce company TMON was subject to an arrest order issued by the South Korean prosecutors looking into the Terra-LUNA disaster. The former...
Kwon Warns To Call FBI on ‘Someone’ Who Wrongly Received 1.3M LUNA
After Terraform Labs (TFL) accused a community member named Jimmy Le of refusing to return misallocated $LUNA airdrops worth roughly $6-7 million, the member responded that the organization had inadequate...
Su Zhu Blames DCG For Conspiring With FTX and Causing Terra’s Fall
Another crypto drama forms as Su Zhu, the co-founder of the Three Arrows Capital (3AC), tweeted that Digital Currency Group (DCG) conspired with FTX to attack Terra. Zhu blamed DCG...
Do Kwon’s Partners in Crime See their Assets Frozen in South Korea
According to local news outlets, a South Korean court has granted a plea by local prosecutors to freeze the assets of seven former partners of Terraform Labs Pte. Ltd. at...
Validators Have Accepted the Proposal 11030 Made by Terra Rebels
Reviving a lost community, the controversial proposal 11030 made by Terra Rebels has passed. This proposal offers to separate the Terra Classic (LUNC) from Terraform (TFL) backend infrastructure and assets...
Terra’s Do Kwon Blames SBF and Genesis for Igniting the Fall of Terra
Do Kwon urges Genesis and SBF to come clean about their doings. Kwon’s tweet thread follows after the news of an investigation on FTX on its alleged involvement in the...
