Terra Luna Price Plunges 23% As Do Kwon Gets 15-Year Jail Sentence For $40B Stablecoin Fraud

The Terra Luna price plunged 23% as co-founder Do Kwon was sentenced to 15 years in prison after its ecosystem collapsed in 2022, revealing a [...]

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Do Kwon gets 15 years for multibillion-dollar Terraform fraud

Kwon's troubles aren't exclusive to the U.S. Following his 15-year sentence, the Terra founder still faces prosecution in South Korea.

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Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial

Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.

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Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.

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As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra’s Shadow

The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.

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As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra Luna’s Shadow

The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.

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Terra’s Do Kwon Arrested in Montenegro

Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally...

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Terra Founder Do Kwon Is Still Cashing Out, But Not With Bitcoin

Terra founder Do Kwon has been under fire from authorities since the network crashed earlier in 2022. Kwon who has now been asked to turn in his passport or have it rendered invalid has said he is not on the run.

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Do Kwon’s Passport Is Being Revoked

South Korean authorities reportedly intend to revoke the passports of Terra leader Do Kwon and other employees. Terra Employees Face Justice Efforts to apprehend Do Kwon are intensifying. Yesterday, it...

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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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Terra Community Must Revive Network, Do Kwon Urges

Kwon has suggested resetting token ownership with a new allocation of 1 billion tokens. Do Kwon Suggests Reviving Terra Do Kwon has put forward a plan to revive Terra. The...

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Криптовалюта не может упасть до нуля, говорили они. Binance остановила торги LUNA и UST

В связи с критическими проблемами в экосистеме Terra, Binance остановила торги токенами LUNA и UST. История проекта Компания Luna Foundation Guard (LFG) и ее лидер До Квон (Do Kwon) прославились своим обещанием купить биткоины на общую сумму более $10 млрд для обеспечения многообещающего стейблкоина TerraUSD (UST).

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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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Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA.

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Terra founder reportedly has link to failed stablecoin, Basis Cash

A former Terra Labs employee has reportedly revealed that Terra co-founder Do Kwon was one of the creators of Basis Cash. The post Terra founder reportedly has link to failed stablecoin, Basis Cash appeared first on CryptoSlate.

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Terra Co-Founder Reveals a Recovery Plan as LUNA Price Free Falls

Do Kwon unveiled a much-awaited recovery Terra LUNA and UST stablecoin recovery plan in an elaborate Twitter thread on May 11. The post Terra Co-Founder Reveals a Recovery Plan as LUNA Price Free Falls appeared first on BeInCrypto.

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'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg

DAI briefly surpassed UST as the biggest DeFi stablecoin on Wednesday.

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Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST

Do Kwon has announced a recovery plan in the works for UST and, therefore, the Terra ecosystem. The post Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST appeared first on CryptoSlate.

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“Terra’s Return to Form Will be a Sight to Behold,” Says Do Kwon As He Unveils UST and LUNA Recovery Plan

Drama in the Terra ecosystem has taken a turn for the worse as the LUNA price continued its third consecutive day of falling.

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Terra's Do Kwon Finally Releases Recovery Plan for UST, Community Recalls "Lehman Brothers" Tragedy

Here's how Terra (LUNA) team is going to address collapse of TerraUSD (UST) stablecoin

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Terra founder Do Kwon shares plan to save the UST stablecoin peg

Do Kwon, co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST.

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Terra Founder Do Kwon Supports Community's UST Proposal, LUNA Slides

Kwon said Terra endorses a community proposal that seeks to bring UST back to its intended $1 peg.

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Terra's Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

Entire Luna and UST community still waiting for a plan

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How Terra Is Using Its Bitcoin Reserves To Keep UST Stable

Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […]

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Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack

Doom and gloom continues for Bitcoin markets as Terra’s Do Kwon brushes aside a “deliberate and coordinated“ attack on its TerraUSD and LUNA tokens.

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Terra’s $10 Billion Plan For UST’s Bitcoin Reserve

Following Do Kwon’s latest tweets, and Terra’s recent Bitcoin buys, it is evident that he aims to...

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Why LUNA has been facing a tough time despite multiple tailwinds to support it

For various reasons, Terra has had a dominating run on the headlines for the last couple of weeks. It has been stocking up Bitcoins along with AVAX for its UST reserves as well as Do Kwon’s stateThe post Why LUNA has been facing a tough time despite multiple tailwinds to support it appeared first on AMBCrypto.

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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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Terra’s Do Kwon Reveals Huge Growth Plans With Avalanche After Buying $100M In AVAX

This OTC deal to add the said AVAX tokens to UST reserves makes AVAX the first major cryptocurrency besides bitcoin to find its way into the stablecoin’s reserve.

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This Week in DeFi – April 8

To the DeFi community, This week Terra founder Do Kwon has declared war against prominent Dai stablecoin (DAI), via the […] The post This Week in DeFi – April 8 appeared first on DeFi Rate.

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Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche

Terra’s founder Do Kwon announced in March that the blockchain network will buy $10 billion worth of Bitcoin as a reserve for its algorithmic stablecoin, UST.  The network has bought $1.6 billion worth of the flagship digital asset, so far, and reports have now emerged that it is expanding its reserve for UST to another […] The post Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche appeared first on CryptoSlate.

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Terra’s Do Kwon Buys $230 Million of Bitcoin

Do Kwon targets $10 billion BTC to back TerraUSD (UST). Terraform Labs founder and…

The post Terra’s Do Kwon Buys $230 Million of Bitcoin appeared first on Coin Journal.

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.

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Terra's Do Kwon Announces Revolutionary Liquidity Pool Launch with UST, USDT, USDC and FRAX

New instrument for liquidity providers will unlock previously unseen opportunities

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Terra founder reveals what will happen to UST if Bitcoin price crashes

Do Kwon told Laura Shin on her Unchained podcast that he is betting on the long-term growth of BTC price and isn’t worried about short-term volatility.

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LUNA Poised To Moon As Terra’s Do Kwon Vows To Become World’s Biggest Bitcoin Holder Besides Satoshi

Terra, the fast blockchain taking on Ethereum, has stolen the spotlight in recent days after the Luna Foundation Guard (LFG) outlined plans to purchase billions worth of bitcoin as an additional security layer for its UST stablecoin.

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$12 Billion: Terra's Anchor Protocol Smashes Through Another Milestone

Terraform Labs' Do Kwon is fascinated by new accomplishment of a flagship protocol of his ecosystem

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‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla’s

The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not “capable of moving” Bitcoin markets.

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Terra приобрела 31 000 BTC и вышла на третье место в рейтинге держателей биткоина

На кошелек экосистемы Terra продолжают поступать биткоины. Их общая сумма уже достигла 31 000 BTC, что по текущей цене составляет $1,45 млрд. Берегись, Майкл Сэйлор! Генеральный директор Terraform Labs До Квон (Do Kwon) идет по горячим следам главы MicroStrategy.

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Do Kwon Readies to Buy Another $140 Million Bitcoin

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Bitcoin Jumps as Do Kwon Buys $125 Million

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Terra увеличит запасы биткоинов до $10 млрд

Основатель и генеральный директор Terraform Labs До Квон (Do Kwon) рассказал, что проект Terra увеличит свои запасы BTC до $10 млрд. Они выступят обеспечением стейблкоина UST.

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‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves

Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”

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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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Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon

There are now over 15,000 unique wallets staking on Stader Labs, with total value locked of around $500 million.

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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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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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Terra founder Do Kwon files lawsuit against the U.S. SEC

Do Kwon and Terraform Labs (TFL), the South Korean company behind the blockchain project Terra (LUNA), are suing the US Securities and Exchange Commission (SEC), last week’s filing shows. The post Terra founder Do Kwon files lawsuit against the U.S. SEC appeared first on CryptoSlate.

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