Who Will Catch Terra LUNA CEO Do Kwon First? Angry Investors or Interpol?

Cryptocurrency investors have banded together to join in the search for Terraform Labs CEO Do Kwon, an internationally wanted man. The post Who Will Catch Terra LUNA CEO Do Kwon First? Angry Investors or Interpol? appeared first on BeInCrypto.

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Do Kwon Continues Cashing out of Terra While Investors Remain Hopeful

On-chain records suggest that Terraform Labs CEO and co-founder Do Kwon has been cashing out Terra (LUNA) to a Binance wallet while shilling the new coin on Twitter. The post Do Kwon Continues Cashing out of Terra While Investors Remain Hopeful appeared first on BeInCrypto.

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Do Kwon’s case: Fresh twist appears as LUNA holders go down in worry

South Korea's Ministry of Foreign Affairs announced on Wednesday (5 October) that Terraform Labs Pte. Ltd. CEO Kwon Do-Hyung, aka Do Kwon, would have his passport revoked in four weeks if he did not rThe post Do Kwon’s case: Fresh twist appears as LUNA holders go down in worry appeared first on AMBCrypto.

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Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’

Terraform Labs have described the South Korean prosecutor’s arrest warrant for its CEO Do Kwon as an overreach of their authorities, The Wall Street Journal reported September 28 Citing a Terraform statement, WSJ wrote that a spokesman for the firm claimed that the failed Luna crypto asset was not a security, so South Korea’s capital-markets law […] The post Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’ appeared first on CryptoSlate.

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Terra Co-founder Do Kwon Refutes Cashout Allegations

Terraform Labs co-founder and CEO Do Kwon has denied attempting to cash out millions of dollars in Bitcoin after a South Korean court issued an arrest warrant for him. Do Kwon Denies Bitcoin Cashout Allegations Do Kwon has denied any…

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South Korea Issues a Warrant of Arrest for Do Kwon, CEO’s Assets Frozen

After the warrant for CEO Kwon Do-arrest was issued in September, he abruptly transferred approximately 3313 BTC (Bitcoin) to two overseas virtual asset exchanges.

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>3000 BTC transfer in the spotlight after Do Kwon's arrest warrant

A suspicious transfer of over $3,000 BTC ($60 million) has been detected after South Korea issued an arrest warrant against Do Kwon, the Founder and CEO of Terraform Labs. The transfer was made froThe post >3000 BTC transfer in the spotlight after Do Kwon's arrest warrant appeared first on AMBCrypto.

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Korean Court Issues Arrest Warrant Against Terra’s Do Kwon

South Korea has issued a warrant of arrest for Kwon Do-Hyung “Do Kwon”, founder and CEO of the now defunct Terraform Labs.

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Whale Who Bet $1M on Terra’s Collapse Now Countertrading Jim Cramer

Algod famously bet Terraform Labs CEO Do Kwon $1 million that LUNA would fail to hold its trading price on a 12-month timeframe a few weeks before it collapsed. Algod...

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Terra Was “a Massive Failure in Risk Assessment”: Do Kwon

The Terraform Labs CEO has admitted that he should have known the risks of UST much better. Do Kwon Reflects on Terra Collapse Terraform Labs made huge risk management errors...

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‘I alone am responsible,’ says CEO Do Kwon in first interview since collapse

The CEO of Terra has come out to take responsibility for the project’s crash… The post ‘I alone am responsible,’ says CEO Do Kwon in first interview since collapse appeared first on CoinJournal.

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Terra, Celsius hit with class action lawsuits in the US

A new class action lawsuit against TerraForm Labs and its CEO, Do Kwon, was filed by Bragar Eagel & Squire, P.C. The post Terra, Celsius hit with class action lawsuits in the US appeared first on CryptoSlate.

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Ignite CEO announces departure after seven years

Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May.

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Ignite CEO Peng Zhong Announces Departure Shortly After Re-Organization

Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.”

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Ignite CEO Peng Zhong Announces Departure Shortly After Re-Org

Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.”

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Do Kwon roots for a 'stronger' Terra comeback despite...

Despite facing the music over the Terra fiasco, Do Kwon seems to be quite optimistic about the future. The CEO of Terraform Labs recently expressed "great confidence" in rebuilding the empire that craThe post Do Kwon roots for a 'stronger' Terra comeback despite... appeared first on AMBCrypto.

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Terra’s Do Kwon Is Being Investigated for Tax Fraud

Prosecutors have started to investigate Terraform Labs CEO Do Kwon for tax evasion, according to reports from local media. South Korean Prosecutors Seize Tax Data SBS News reported today that...

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Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets

Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin. The post Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets appeared first on CryptoSlate.

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SEC Begins Probe Into Terraform Labs; Appeals Court Requires Do Kwon to Comply With Subpoena

On Thursday, the U.S. Court of Appeals for the Second Circuit ruled that Terraform Labs CEO Do Kwon must comply with a subpoena served by the SEC back in September. The post SEC Begins Probe Into Terraform Labs; Appeals Court Requires Do Kwon to Comply With Subpoena appeared first on BeInCrypto.

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Genuine mistake or fraud? That's the question Terra's Do Kwon needs to answer

Do Kwon pleads his innocence on his twitter feed after latest reports condemn him for cashing out $2.7 billion. The Terraform Labs CEO is already facing an investigation from the SEC and South Korean The post Genuine mistake or fraud? That's the question Terra's Do Kwon needs to answer appeared first on AMBCrypto.

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Terra’s Do Kwon Denies Cashing Out $2.7 Billion

Terraform Labs CEO Do Kwon has attempted to set the record straight about the most recent rumors

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Crypto Community Reacts To News That Kwon Silently Cashed Out $80 Million Monthly Before Terra Implosion

In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 million worth of LUNA (now called Luna Classic) and TerraUSD every month in the lead-up to the collapse of the Terra ecosystem in May.

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Terra’s Do Kwon May Face Charges In The U.S. As Money Laundering Accusations Emerge

Terra CEO Do Kwon has been in hot water ever since the collapse of the network last month. After the UST lost its peg and the price of LUNA (Now LUNC) crashed below zero, there had been calls for investigations into the cause of the crash seeing that thousands of investors had lost billions of […]

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Terraform Labs Loses Appeal, Ordered to Comply With SEC Investigation

The U.S. Court of Appeals has ordered Terraform Labs and its CEO Do Kwon to comply with SECs investigation into the Mirror Protocol on federal securities laws infringement allegations. Terraform...

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I have never spoken to Do Kwon directly, says Changpeng Zhao

Binance CEO Changpeng Zhao (CZ) has played a crucial role in the rebrand of…

The post I have never spoken to Do Kwon directly, says Changpeng Zhao appeared first on CoinJournal.

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Do Kwon Warns Terra Community Not To Use LUNA Burn Address

Do Kwon’s co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of them have questioned the effectiveness of a hard fork in reviving the fallen price of Terra (LUNA) and TerraUSD (UST) tokens.

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Korea Turns Against Luna Head as Police Request LFG Fund Freeze 

South Korea is starting to turn the screws on Terraform Labs and Luna CEO Do Kwon as UST stablecoin saga takes another twist. The post Korea Turns Against Luna Head as Police Request LFG Fund Freeze  appeared first on BeInCrypto.

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Millions Of LUNA Being Burned To Push Up Price — Do Kwon Insists Destroying Tokens Is Pointless

Terraform Labs co-founder and CEO Do Kwon has finally listened to suggestions to burn most of LUNA’s hyperinflated circulating supply of over 6.5 trillion tokens. While he’s still against the idea, Kwon has...

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Korean Prosecutors Consider Bringing Ponzi Scheme Charges Against Terraform Labs’ CEO

The Seoul Southern District Prosecutor’s Office in Korea is investigating whether it can bring charges of a Ponzi scheme against Terraform Lab’s CEO, Do Kwon. The post Korean Prosecutors Consider Bringing Ponzi Scheme Charges Against Terraform Labs’ CEO appeared first on BeInCrypto.

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Terra Investors Reportedly Preparing to Sue Do Kwon for Fraud

The South Korean law firm LKB & Partners is reportedly preparing to sue Terraform Labs co-founder and CEO Do Kwon for fraud on behalf of investors financially harmed by Terras...

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Terra ecosystem to vote on a fork to create Luna Classic and Luna Core

Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2. ” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack.

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Do Kwon Says Terra Could Fork Into Two Blockchains

Terraform Labs CEO Do Kwon has announced a second revival plan for the failing Terra ecosystem in a Twitter thread. Do Kwon Announces Revival Plan Do Kwon is not ready...

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FTX Sam Bankman-Fried Defends Terra’s Founder, Says ‘Most bad Investments Aren’t Ponzi Schemes’

FTX founder Sam Bankman-Fried has tweeted in defense of Terra ecosystem and its CEO and co-founder, Do Kwon.  The post FTX Sam Bankman-Fried Defends Terra’s Founder, Says ‘Most bad Investments Aren’t Ponzi Schemes’ appeared first on BeInCrypto.

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Binance CEO does not think LUNA recovery plan will work

Binance CEO, CZ, has revealed that he does not believe that Do Kwon’s plan to save LUNA will work. The post Binance CEO does not think LUNA recovery plan will work appeared first on CryptoSlate.

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Terra (LUNA) Founder Breaks Silence, Proposes New Revival Plan for Ecosystem

Terra co-founder and CEO of Terra Labs, Do Kwon, has finally spoken on the crash of its network. He has submitted a proposal on how the embattled Terra ecosystem can be salvaged from its current ruins.

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Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers

Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack. The post Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers appeared first on CryptoSlate.

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Do Kwon’s Proposed Terra ‘Revival’ Puts UST, LUNA Holders in Charge

A “Revival Plan” submitted Friday by the Terraform Labs CEO would redistribute ownership of the network.

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Do Kwon fears for his safety following Terra (LUNA) implosion

Korean news outlet Money Today has reported that TerraForm Labs CEO Do Kwon has requested police protection. The post Do Kwon fears for his safety following Terra (LUNA) implosion appeared first on CryptoSlate.

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Terra Outlines Emergency Plans To Save LUNA And UST

Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The […]

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Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project

According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is...

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TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash

Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple of days. The post TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash appeared first on CryptoSlate.

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Terra's Bridge Now Interacts with Solana, Avalanche, Fantom, Here's How

Do Kwon, CEO and founder of Terraform Labs, shares update on Terra's cross-chain system status

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Terraform Labs CEO closes $10M bet on LUNA price

Terraform Labs CEO Do Kwon finalised a bet with GCR, a crypto personality (short for Gigantic Rebirth) of $10 million. Do Kwon is betting on a higher future price of Terra (LUNA/USD). Both parties have sent $10 million in stablecoins to an escrow account.

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UST Grows 55x to Become the 4th Largest Stablecoin, Terra DeFi Ecosystem Amasses $18B in Assets

As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone.

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SEC targeting 'legitimized crypto institutions' for 'publicity,' Terraform CEO retorts

In an unprecedented move, major cryptocurrency company, Terraform Labs and its co-founder Do Kwon sued the SEC as per recent court filings. The co-founder was issued with a subpoena by the U.S. SecuriThe post SEC targeting 'legitimized crypto institutions' for 'publicity,' Terraform CEO retorts appeared first on AMBCrypto.

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Terraform Labs Files Lawsuit Against SEC After Receiving Subpoenas

Terraform co-founder and CEO Do Kwon and Terraform Labs is suing the SEC for conduct that could be in violation of rules. The post Terraform Labs Files Lawsuit Against SEC After Receiving Subpoenas appeared first on BeInCrypto.

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Terra is preparing to burn more than 9% of the total LUNA supply

Do Kwon, co-founder and CEO of Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), recently announced on Twitter that the on-chain vote for the project’s proposal 44 will be initiated on Wednesday and will be in a voting period for two weeks.

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Cosmos (ATOM) CEO Allegedly Leaving Project to Fight Climate Change

Jae Kwon, the CEO of Cosmos (ATOM), has just made clear his intention to leave the cryptocurrency project from an ‘alternative’ Twitter account. Cosmos (ATOM) is a major cryptocurrency project which only came to prominence last year.

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How To Prevent Breaches Like Bancor

Although it appears that exchange hacks are becoming the new normal within the crypto industry, this could have been prevented if the smart contracts were properly tested for vulnerabilities. Yo Kwon, CEO and Founder of Hosho, the world’s leading blockchain security firm, has provided commentary on the breach and the importance of smart contract auditing […]

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