2023-4-17 16:08 |
Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before the collapse of the TerraUSD algorithmic stablecoin and Luna token. While… origin »
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Coinspeaker South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse.
2023-4-17 14:03 | |
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Jump Trading is the masked "U.S. trading firm" that the United States Securities and Exchange Commission (SEC) accused of helping sustain the TerraUSD stablecoin, UST, from de-pegging in 2021
2023-2-18 12:39 | |
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Jump Crypto is reportedly the unidentified US trading firm” the SEC says helped re-peg TerraUSD in 2021. Terraform Labs and its CEO Do Kwon misrepresented the human effort as a software algorithm.
2023-2-18 22:21 | |
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The firm's book-making took a huge hit after being exposed to the TerraUSD collapse.
2022-8-3 22:00 | |
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Blockchain analytics firm Nansen says that multiple parties were involved in the sell-off that led to a “death spiral” for TerraUSD. The post Celsius Network Partly Responsible for Terra Meltdown, Says Nansen appeared first on BeInCrypto.
2022-5-29 15:18 | |
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Industry-leading on-chain analytics firm Nansen attempts to provide detailed explanation of what has happened to UST prior to its historic collapse
2022-5-28 18:53 | |
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Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST). The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK.
2022-5-8 00:11 | |
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Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.
2022-4-5 12:25 | |
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Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
The Terra Classic community is voting on a proposal to reduce users’ network costs. The codebase currently deploys forked versions, which increases total maintenance costs and missed upstream improvements.
Do Kwon’s extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media. The government of Montenegro has reportedly decided where to extradite Terraform Labs co-founder and crypto fugitive Do Kwon, Minister of Justice Bojan…
Amid Terraform Labs’ ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin. According to data from Arkham, an address associated with the beleaguered blockchain firm Terraform…
Infamous blockchain protocol Terra has recently been allegedly exploited due to a vulnerability that was revealed months ago. According to a Cyvers Alerts post on X today, July 31, hackers have stolen 60 million ASTRO, 3.5 million USDC, 500,000 USDT…
Bitbot, a new entrant in the crypto trading landscape, has completed its presale, positioning itself to leverage advanced AI and security features. The Bitbot token (BITBOT) presents a unique investment opportunity, aiming to revolutionise how traders interact with the market.