Terraform Labs Owned Wallet Behind UST Collapse, New Report Claims

2022-6-15 19:04

A new investigative report by blockchain security company Uppsala Security and CoinDesk Korea has suggested that Terraform Labs may have directly triggered Terra’s collapse over the second week of May....

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Источник: cryptobriefing.com

collapse new → Результатов: 87

Bitcoin mining difficulty reaches new high, is this a bullish indication?

Bitcoin’s (BTC) price action has been erratic since the global crypto crash in May 2022. After the market collapse, BTC plummeted to a 52-week low of $26,350 on 12 May. At the time of writing (9 June), BTC was trading at $30,200, hinting that it may be on the path to recovery.

2022-6-10 18:51	bitcoin mining
may btc bitcoin 52-week low 350 time

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Think Twice Before Putting Money Into Crypto, NY Attorney General Says

Today, New York has been causing a lot of noise in the crypto industry. The U.S. state is renowned for its hostile stance against the nascent asset class. Related Reading | What Terra’s Collapse Brought For Stablecoins In Japan, New Law Passed Some believed the election of Eric Adams as Mayor was going to push things […]

2022-6-4 01:00
new crypto stablecoins brought japan terra related

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What Terra’s Collapse Brought For Stablecoins In Japan, New Law Passed

The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leaving investors with billions in losses.

2022-6-4 21:00	ust
collapse terra ust algorithmic stablecoin value lost

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Japan passes bill to limit stablecoin issuance to banks and trust companies

The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.

2022-6-3 13:07	Terra
stablecoin rushing government japanese enforce laws terra

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UK Treasury Strengthens Regulations Around Stablecoins Following UST Collapse

In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed a new consultation paper on Tuesday, May 31, 2022, regarding minimizing the risks of the possible collapse of stablecoins and many more digital currencies by utilizing […]

2022-6-2 01:06	ust
stablecoins collapse treasury may tuesday her paper

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DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?

In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?

2022-6-2 23:00	Cryptocurrency Exchange
liquidity defi users stablecoins new lasso own

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LUNA2 Records Losses as Market Rebounds, Investors Lost Faith?

A couple of days after its launch, the new LUNA or LUNA2 token from the Terra network continues to experience high volatility levels. The cryptocurrency was deployed as a result of the collapse of the old LUNA or LUNA Classic which lost almost 99% of its value in a little over a week.

2022-6-2 21:00	Terra
luna luna2 lost levels collapse volatility cryptocurrency

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In the wake of Terra’s collapse, South Korea plans new crypto oversight committee: Report

The infamous collapse of Terra may have hastened the creation of a supervision and control entity for digital assets, which is set to launch in early June.

2022-6-1 00:37
terra collapse digital entity control assets set

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USDTea: A New Stablecoin Backed By Iced Tea Cans Rises Like The Phoenix

Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness.

2022-5-24 11:28	ust
usdtea stablecoin rises new iced tea backed

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UK Regulator to Consider Terra Coins Collapse in New Crypto Rules: Report

The U.K.'s Financial Conduct Authority and Treasury will scrutinize the collapse of Terra's coins and factor that into its crypto regulatory package.

2022-5-20 12:06	policy
collapse crypto coins terra treasury scrutinize package

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UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report

The U.K.'s Financial Conduct Authority and Treasury will scrutinize the collapse of Terra's coins and factor that into its crypto regulatory package.

2022-5-21 12:06	policy
collapse crypto coins terra treasury scrutinize package

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Grim Reapers financial crimes unit revived to investigate Terra collapse

After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into the mess caused by Terraform Labs.

2022-5-19 05:02
reformed prosecutorial team new president terraform labs

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Terra's Collapse Makes G7 Officials Discuss New Crypto Regulation This Week

Head of French Central Bank shared with Reuters some details of the upcoming G7 meeting agenda

2022-5-18 19:20
reuters shared bank details agenda meeting upcoming

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Crypto Trading Volumes in India Collapse 10 Days After New Tax: Crebaco

Trading volumes of some Indian exchanges have gone down as much as 72%.

2022-4-12 12:41	Business
volumes trading exchanges indian down much gone

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Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall

Turkish Bitcoin holders avoid an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day.

2021-11-23 16:32
lira bitcoin currency avoid holders day turkish

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Proposed Australian exchange licensing could stifle competition: Kraken

Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibrancy of the industry down under.

2021-11-23 05:06
proposed could kraken licensing exchanges under crypto

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Full Blown Collapse of USDT May Have Huge Effect on Wider Market

Tether and Bitfinex finally had to turn over documents to authorities in New York. They had extended a deadline to produce financial documents to be scrutinized by the courts. If the New York attorney general can find proof of fraud, then the number-three cryptocurrency could be in for a rocky road.

2021-1-26 17:37	The United States (USA)
documents new had york attorney general courts

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Why ‘Black Friday’ Was The Best Thing To Happen Bitcoin In 2020

March 12, 2020, will go down in history books as Black Thursday. That day began a two-day, more than 50% collapse in Bitcoin. It also shook the stock market, precious metals, and crypto. But yet, that fateful day in hindsight was the best thing to happen to Bitcoin all year and was a crucial factor in the asset achieving a new all-time high and trading near $30,000 currently. Here are all the reasons why. […]

2021-1-1 19:08	Crypto
bitcoin all day 2020 happen thing best

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Technogenic Revolution Changes World Order: Are You Ready?

We passed all the ordeal in 2020: coronavirus, crisis, conflicts, economic downturn, the collapse of the most ambitious projects, and the birth of new ones. And now, the world has once again found itself on the verge of global changes that can make it unrecognizable for the fourth time. This year began with disturbing news […]

2020-12-25 14:00	youtube
world changes verge global found once again

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Fiat Currencies Collapse As Bitcoin Hits New All-Time High In These Seven Countries

Bitcoin’s dominance may have left Altcoins in a pit hole, but Fiat currencies may soon be joining these struggling Altcoins. In another interesting turnout, many countries are witnessing the downfall of their traditional currencies at a large percentage.

2020-10-24 14:16	xbtusd
currencies fiat altcoins may bitcoin countries these

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How BTC Held On Exchanges Matches Bitcoin’s Deadliest Drop Yet

Several signs indicate that Bitcoin is potentially on the brink of a new bull market, and much higher prices are ahead. However, one seemingly bullish sign that investors are preparing for mark up, is actually at the same level as just prior to the collapse to the cryptocurrency’s bottom. Are looks this deceiving, and Bitcoin […]

2020-9-23 20:00	xbtusd
bitcoin same actually investors sign preparing mark

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Fear Rises of Black Thursday Reoccurring With Bitcoin Collapse, Analyst Says

A prominent analyst believes that fears of another March 12 Bitcoin price fall are reviving. Meanwhile, the number of BTC wallets with more than ten coins hits a new high

2020-6-29 16:42
bitcoin analyst number btc meanwhile reviving wallets

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Chainlink (LINK) Comes Close to New All-Time High After 11 Percent Rally. Will It Tank Like Compound (COMP)?

Chainlink (LINK) pops 11 percent on the China news, but the brutal collapse of Compound (COMP) should be a cautionary tale for greedy buyers

2020-6-23 20:40
percent chainlink comp compound link collapse brutal

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Bitcoin Correlation With S&P 500 Nears All-Time High, How Could This Impact Crypto?

The correlation between Bitcoin and the S&P 500 has proven to be dangerous for the first-ever cryptocurrency. It even helped to drag down the asset during the Black Thursday collapse. The crypto asset’s new bull market on the horizon.

2020-6-22 22:30	xbtusd
asset bitcoin crypto 500 correlation down drag

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Media: Deutsche Bank admits possible bitcoin crash

The new report of Deutsche Bank examines the likelihood of various disasters in the next 10 years that will outperform the Covid-19 pandemic. According to Bitcoinist, one of the scenarios supposes the bitcoin collapse.

2020-6-22 00:36	News
bitcoin bank deutsche covid-19 pandemic outperform according

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Bitcoin’s Perfect Storm On The Horizon As Analyst Calls For ‘Inevitable’ Dollar Collapse

A new forecast from a chief Morgan Stanley executive claims the dollar is due for a severe crash that could benefit Bitcoin in a major way. What’s fueling this “inevitable” dollar collapse, and why does it make for a perfect storm for the first-ever cryptocurrency? Morgan Stanley Asia Chairman: The Dollar Is Inevitably Doomed For […]

2020-6-17 20:30	xbtusd
dollar inevitable collapse perfect stanley storm morgan

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EU Unveils New 750bn Euro COVID-19 Recovery Plan

The European Union has unveiled plans to raise 750 billion euro ($827 billion) for its members to finance their recovery from the COVID-19 economic collapse. [CNBC] With this plan, Europe has now become the latest region to raise debt to aid in economic recovery.

2020-5-29 05:14	European Union
recovery raise economic billion plan euro covid-19

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Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash

Saudi Arabia has introduced new austerity measures in the wake of the oil price collapse, a sign that the recent recovery will be short-lived. The post Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash appeared first on CCN.com

2020-5-12 01:59
oil price saudi arabia crash rally hike

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MakerDAO Takes New Measures to Prevent Another ‘Black Swan’ Collapse

The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses.

2020-5-5 22:24	Loans
another makerdao prevent occurrence forced protocols governance

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Why Crypto Investors Withdrawing BTC En Masse From Exchanges is Optimistic

New data shows that crypto investors and traders are withdrawing their BTC from cryptocurrency exchanges in record numbers, following the historic Black Thursday collapse in mid-March. While this may initially sound like a bad thing for the market, it has incredibly bullish implications that provide a highly optimistic outlook on Bitcoin’s future.

2020-5-1 18:00	Exchanges
exchanges optimistic crypto investors withdrawing btc market

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Will Bitcoin (BTC) Price See New Bottom? John Bollinger Weighs In

John Bollinger says that all correlations tend toward zero in a crisis, which is why another stock market collapse could be detrimental to Bitcoin (BTC)

2020-3-27 20:30
john bollinger btc bitcoin another stock market

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New York Just Delivered Its Most Terrifying Coronavirus Warning Yet

New York just delivered its most terrifying coronavirus warning yet, conjuring echoes of Italy's healthcare system collapse. The post New York Just Delivered Its Most Terrifying Coronavirus Warning Yet appeared first on CCN.com

2020-3-17 20:31	New York
terrifying coronavirus yet new warning york delivered

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LINK Briefly Traded for Almost $0 on Binance

LINK flash crashed today on Binance’s LINK/USDT pair. Remarkably, the red candle dropped as low as it could possibly go: $0. 00001. After touching new all-time highs, LINK holders were hit especially hard today amid the collapse.

2020-3-12 16:39
link binance today new all-time touching 00001

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Energy Companies Could Cause Economic Collapse: Why Is Bitcoin Not Stepping Up?

The threat of a new global economic recession has been looming. No one is quite sure what shape it will take, what sectors it will affect, or what will be the driving catalyst; but the fog is starting to clear and shapes are emerging that look to be in the mould of energy companies.

2020-3-10 22:10
energy economic companies driving affect look mould

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RUON.AI Announces Patents and Successful Upload Of SovereignSky Space Blockchain

Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar flares, meteor impact, global catastrophe, cyclones, banking and market collapse and other catastrophic events.

2019-12-30 13:30
global blockchain invulnerable effects war off-world currency

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EOS Users Concerned About Potential RAM Collapse

Something smells rotten in the EOS state. Dan Larimer hardly reassured EOSians about the new CPU contract idea when discussing the RAM collapse.

2019-12-4 18:03
ram eos collapse new eosians reassured cpu

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Crisis Fears Rise as Global Debt Hits a Record $250 Trillion

The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system.

2019-11-18 14:30
global 250 trillion record debt crisis fears

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Cardano’s breach of descending triangle opens door for new yearly low

After a long bullish rally at the start of 2019, the collective crypto-market collapsed on 23 October, a collapse which saw the top virtual assets recording some major depreciation. When compared to top assets like Bitcoin or XRP, Cardano suffered significantly at the hands of the bears after it fell by over 11.

2019-10-25 18:30	price prediction
cardano low assets yearly triangle descending breach

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eToro’s Twitter-Based Cryptocurrency Trading Strategy Could Be Ruined by Artificial Intelligence

eToro’s new TheTIE-LongOnly CopyPortfolio attempts to collapse the entire crypto sentiment of Twitter users into an automatically rebalancing basket fund—and that might be a big problem. Currently, the TheTIE-LongOnly CopyPortfolio algorithm automatically invests in a selection of up to 13 different digital assets, these are: Bitcoin (BTC), Ethereum (ETH), XRP, IOTA, Bitcoin Cash (BCH), NEO, […] The post eToro’s Twitter-Based Cryptocurrency Trading Strategy Could Be Ruined by Artificial Intelligence appeared first on BeInCrypto.

2019-10-19 02:17	#twitter
etoro copyportfolio automatically bitcoin intelligence thetie-longonly could

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Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse

An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.

2019-10-13 12:18	Gold
gold bank dutch total collapse national case

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Crypto Exchange to Open in Crisis-Stricken Argentina, Where Bitcoin is at an ATH

Huobi Group, the operators of one of the world’s largest crypto asset trading venues, has announced that it will launch a digital currency exchange in Argentina. The new platform is expected to go live in mid-October.

2019-9-18 22:00
argentina crypto exchange huobi ath crisis-stricken bitcoin

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Crypto Pundit: Altcoin Sentiment Will Cause Bitcoin to Collapse

Bitcoin is possibly on its way to new all-time highs, while altcoins like Ethereum, Ripple, and Litecoin are capitulating en masse. The two things don’t often go hand in hand due to how closely the two crypto asset types are connected, yet growing regulatory pressure and other important factors have caused a massive divergence in.

2019-8-10 23:00	Peter Schiff
crypto bitcoin two pundit hand sentiment cause

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Alliance Vitalik Buterin and Roger Ver – may push altcoins up

New collapse of Bitcoin and the market occurred, as promised Coinstelegram, on the eve of hearings in the Congress on Libra. In such situations it is common to say in the fiat market: “The market has already played this event.

2019-7-17 00:48
market common event played say fiat crypto

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Three Bank Failures Open New Chapter in Never-Ending Financial Crisis

The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work.

2019-7-6 19:45	U.S.
three crisis new global open failures bank

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Ver dismisses rumours of BCH collapse, RippleNet update’s ‘new functionalities’ and more

Crypto News – 20 June – Roger Ver on BCH collapse rumours, Caitlin Long on Facebook’s Libra and more Don’t forget to follow us for our daily videos#BitcoinCash #facebooklibra #Ripplenet #cryptocurrencynews #BTC #CryptoNews #Crypto #ripple #ripplenews pic.

2019-6-20 19:00	WhatsApp
crypto june ver collapse bch rumours ripplenet

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Liracoin Price Protection Strategy: Is it Really Possible?

The price of cryptocurrency is determined by two main factors. The purchase or sales flow of cryptocurrency (purchase of cryptocurrency increases price, selling lowers its price) The volume of exchange for cryptocurrency given that, for cryptocurrencies, a transaction corresponds to verification of that transaction through mining that introduces, into the market supply, new cryptocurrency units as a reward to the verifiers This suggests that the value of a cryptocurrency depends only on its users.

2019-6-21 18:26	Press releases
cryptocurrency price liracoin purchase transaction strategy protection

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Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

2019-6-14 04:03
chain plasma data availability chains block sharded

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Shitcoin factory Cryptopia owes over $3M to creditors, staff, and hodlers

Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.

2019-5-31 15:16	hard fork
creditors owed cryptopia total staff million new

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Infographic: An Overview of Compromised Bitcoin Exchange Events

The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.

2019-5-25 21:56	Privacy & security
hack btc lost amount date exchange bitcoin

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Terraform Labs cleared for wind-down amid bankruptcy by US Court

On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. During a pivotal hearing on Thursday, U.

Do Kwon extradition halted by Montenegro Supreme Court ruling

Montenegro’s Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office filed a request for a legal review on August 2. The office…

The Do Kwon saga continues: ex-Terraform CEO extradited to South Korea

On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a…

Montenegro PM falls victim to failed Terra Luna project: Report

Fresh U.S. court filings have revealed that Montenegro’s Prime Minister Milojko Spajic personally invested in fugitive Do Kwon’s Terraform Labs crypto project

US Court Filings Expose Montenegro’s Prime Minister’s Stake In Failed Terraform Labs

A recent Bloomberg report has revealed that Montenegro’s Prime Minister, Milojko Spajic, personally invested in Terraform Labs years before the company’s collapse. The discovery has raised concerns regarding the founder’s choice to flee prosecution by seeking refuge in the same nation.

Korean court gets new evidence alleging Terra’s Kwon deceived investors with fake transfers

South Korean prosecutors have found new evidence alleging that Terra founder Do Kwon conspired with former Chai CEO Shin Hyun-Sung to deceive investors with fake transactions. Terraform Labs co-founder Kwon Do-Hyeong, a central figure in the collapse of the Terra…

Terraform to dissolve following $4.47b settlement with SEC

Terraform Labs plans to dissolve, leaving the Terraform community to monitor the blockchain ecosystem. In the wake of a $4.47 billion settlement with the SEC, Terraform Labs has announced plans to dissolve, leaving the blockchain’s future in the hands of…

2022-6-15 19:04

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