Search Results for "terra"
South Korea's Police Agency Requests INTERPOL's Assistance for Extradition of Terra's Do Kwon
South Korea intensifies efforts to extradite Terraform Labs CEO Do Kwon by seeking INTERPOL's cooperation after a Montenegrin court rejects U.S. extradition.
Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting later.
Crypto Fugitive Kwon Denies Hiding from Authorities
Do Kwon tweeted "yeah as I said I'm making zero effort to hide. I go on walks and malls, no way none of CT hasn't run into me the past couple weeks," denying running away from the authorities.
Terra's Do Kwon Says He is Cooperating With Prosecutors in New Interview
In a new interview with Laura Shin, Do Kwon maintained that he has been cooperating with prosecutors
Singapore police allegedly investigate Hodlnaut
Singaporean crypto lender Hodlnaut is reportedly under investigation for cheating and fraud. Multiple complaints against the platform between August and November 2022 prompted the police to investigate the exchange's founders. Singapore police say most complaints involve misrepresentations.
Terraform Labs (Luna) Co-Founder Pleads US Court to Dismiss SEC's Fraud Allegations
Terraform Labs and co-founder Do Kwon are defending against fraud and securities allegations by the U.S. SEC, arguing their cryptocurrencies are not securities, amidst a wider legal battle between crypto firms and regulators following the Terra ecosystem's $40 billion downfall in 2022.
LUNA 2.0 Debut Experiences Hiccups as Price Plummets, Will Trust Remain Robust?
After Terra 2.0 successfully went live on May 28, LUNA 2.0 has been on a rocky start based on a sharp price decline.
South Korean Regulators Order Seizing 3313 BTC Linked to Do Kwon
The South Korean regulators have issued a directive to KuCoin and OKX to freeze the total of 3,313 Bitcoins worth approximately $67 million linked to Do Kwon.
Prime Core Faces $8M Loss Amid TerraUSD's Collapse
Prime Core Technologies, parent of Prime Trust, experienced an $8 million financial setback due to investments in TerraUSD, a stablecoin, leading to bankruptcy proceedings in August 2023, highlighting the cryptocurrency market's volatility.
SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case
SEC links Terraform Labs ruling to Binance case, alleging unregistered securities offerings and deceptive practices in crypto trading.
Former Tmon CEO faces arrest for taking bribes to promote Terra Classic
According to South Korean authorities, advertising raised the price of Terra Classic token LUNC.
Terraform Labs CEO Asks for Dismissal of SEC Charges
Do Kwon, CEO of Terraform Labs, has requested the dismissal of charges filed by the SEC, arguing that the claims are invalid and that the agency lacked proper jurisdiction. Kwon's counsel stated that Terra's tokens and projects were not specifically targeted at U.S. investors. The South Korean district court previously dismissed security violation charges against the co-founder of Terraform Labs, Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.