What’s Next For The Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST?

The Terra network and its leader, Do Kwon, rose to the highest tier of the crypto world, only to fall apart within a couple of days in May of 2022

Luna Foundation moves $95 million in crypto to new wallet citing enhanced security

The Luna Foundation Guard (LFG) has transferred approximately $95 million in crypto to a new wallet, aligning with recent plans to enhance fund security. On-chain data from blockchain Arkham Intelligence showed that the Foundation shifted 1.

Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions

Quick Take Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1. 6 billion being transferred out of the platform on May 30, according to Glassnode data.

SEC Asks Judge To Fine Terraform Labs And Do Kwon $5.3 Billion In Fraud Case

After Do Kwon’s Terra empire collapsed in May 2022, over $40 billion worth of investor money was wiped out in a matter of days.

Montenegro court clears Do Kwon’s extradition, fate in justice minister’s hands

According to South Korean local media outlet YNA, a Montenegro court has again approved the extradition of the embattled Terraform Labs co-founder Do Kwon. This development occurred less than a week after the Supreme Court of Montenegro invalidated a ruling recommending Kwon’s extradition to South Korea.

Do Kwon’s South Korean extradition annulled by Montenegro Supreme Court

Another twist in the extradition saga of Terraform Labs founder Do Kwon revealed that the forgery convict will not return to his native South Korea just yet. 

Terra’s Do Kwon Found Liable In Fraud Case

A US court has found Terraform Labs PTE Ltd. and its founder Do Kwon liable for defrauding investors in a multi-billion dollar crypto asset securities case.