Terra (LUNA)
Do Kwon To Move From Prison to House Arrest Amid Extradition Postponement
Authorities in Montenegro have announced plans to release Terra (LUNA) founder Do Kwon from prison soon. According to the announcement, Kwon would leave the prison but remain under house arrest....
Terra LUNA Skyrockets 38% Amid Do Kwon’s Legal Victory
With a recent 38% jump, Terra has captured the attention of the cryptocurrency community. Such increase has primarily been attributed to the latest legal development involving Do Kwon, the founder...
LUNA Loses Classic Shine: -7% Plunge Follows Terraform’s Chapter 11 Filing
Terra (LUNA) faces a 7% price drop as Terraform Labs files for Chapter 11 bankruptcy, raising investor concerns. Despite the price decline, LUNA sees increased trading volume, hinting at potential...
SEC Agrees to Push Do Kwon’s Trial, Awaits Judge Rakoff’s Decision
In a recent development in the SEC-Terraform legal tussle, the Securities and Exchange Commission has agreed to delay the civil trial involving Terraform Labs and its co-founder, Do Kwon. The...
Terra Decision Won’t Apply to Coinbase and Binance Case: Experts
Crypto lawyer Bill Morgan acknowledged the thoughts of the co-CEO of Coin Routes, Dave Weisberger, with regard to Terra in a Twitter post. Both Morgan and Weisberger believe the significant...
Analyst Insights on Diverse Rulings- Ripple’s XRP and Terraform’s LUNA
Judge Jed S. Rakoff ruled Terraform Labs’ four tokens, including LUNA and UST, as unregistered securities. Attorney Rispoli commented that XRP would have also been deemed a security if Judge...
Bullish Buzz: LUNA & LUNC Soar, Defying Predictions – What’s Next?
Terra’s tokens, LUNA, LUNC, and USTC, have witnessed a significant surge in their market prices. This unexpected uptick aligns closely with the recent legal developments involving Do Kwon, the former...
Terraform Labs Founder Appeals Extradition Decision in Montenegro
Do Kwon, the founder of Terraform Labs, has filed an appeal against the extradition decision of the High Court of Podgorica, the capital of Montenegro, according to reports. According to...
Terra vs SEC: Lawyers Point at SEC’s Misconduct in Debt Box Case
Lawyers representing Terraform Labs and Do Kwon have moved to strengthen their defense in the ongoing lawsuit brought by the U.S. Securities and Exchange Commission against the two. In a...
Judge Allows Secrecy for Jump Crypto in Terra Case
A federal judge overseeing the U.S. Securities and Exchange Commission‘s legal battle against Terraform Labs issued a mixed ruling permitting sealed document filings by crypto investment firm Jump Trading. Jump...
Terra (LUNA) Price Prediction 2023-2030: Will LUNA Price Hit $3 Soon?
Bullish LUNA price prediction ranges from $0.300 to $3.00. Analysis suggests that the LUNA price might reach above $2.5446. The LUNA bearish market price prediction for 2023 is $0.3180. Terra...
Community Accepts Terra Luna’s Proposal to Stop Minting USTC
The Terra Classic tokens have been creating ripples in the crypto market over the past few days, with substantial price surges following the ecosystem’s proposal to disable USTC minting. The...
LUNA’s Terra v2.5 Upgrade Signals Renewed Bullish Momentum
In a recent announcement, Terra (LUNA) developers unveiled the approval of Recommendation 4785. Consequently, the much-anticipated update to Terra v2.5 has secured the green light from the vibrant community. Additionally,...
LUNA Price Rebounds: Will Bulls Bounce Back to $1 in 2023?
LUNA’s recent bounce from support at $0.4079 hints at a potential bullish reversal. Increased trading volume and market capitalization point to growing interest in LUNA. The Keltner Channel tightening suggests...
Terra Luna (LUNA) May Climb to Above $100, According to Analyst
The cryptocurrency trader and analyst Altcoin Sherpa predicted in an X post earlier today that Terra Luna (LUNA) may recover back to above $100 in the coming few weeks. In...
Seoul Prosecutors to use Ruling in XRP Case in Terra Luna Lawsuit
South Korean prosecutors investigating the Terra-Luna collapse plan to use the court ruling in the SEC v Ripple case to prove the securities status of Luna. The Terra-Luna collapse, which...
Terraform Labs Appoints New CEO Amid Do Kwon’s Legal Woes
Terraform Labs, the crypto firm whose implosion triggered the crypto winter last year, has appointed a new Chief Executive Officer to take charge of the defunct firm’s operations. Chris Amani...
U.S Judge Reviews Terra’s Digital Assets Status as Securities
As per the latest reports, a U.S. judge deliberated over the classification of digital assets of the collapsed Terraform Labs as securities. The new revelation is at the heart of...
Terra Founder Do Kwon and CFO’s Bail Revoked, Next Hearing Looms
In a shocking twist to the Terra-Luna saga, the high court of Montenegro’s capital city has dealt a heavy blow to the embattled CEO of Terraform Labs, Do Kwon, and...
Do Kwon Wallet Drains over $2 Million One Year After LUNA Collapse
In a stunning turn of events, it has been confirmed that virtual assets worth 2.8 billion won, worth over $2.1 million, were withdrawn from an electronic wallet allegedly managed by...
ETH Price Will Rally to $2.4K After Dipping Toward $1.6K: Crypto Analyst
Analyst CryptoKaleo predicts Ethereum price will drop to $1,600 before rallying toward $2,400. The price dip will represent a retest of the pre-LUNA/UST liquidation breakdown level. Similarly, the analyst expects...
Terra Co-founder Daniel Shin’s Fraud Trial Set for May 26
Terra co-founder Daniel Shin’s first hearing is set for May 26, 2023. The trial date comes after two failed attempts by local prosecutors to detain Shin. Shin has assembled a...
SHIB Token Burn Rate Shoots Up By Staggering 13000% In 24 Hrs
SHIB sees an increased token burn rate after 1.7 billion coins go to dead wallets. Over 410 trillion units of SHIB have been burnt to date. Terra LUNA Classic also...
Terra Co-founder Daniel Shin Indicted by South Korean Authorities
Terraform Labs co-founder Shin Hyun-Seong aka Daniel Shin has reportedly been indicted by prosecutors in South Korea. The indictment comes just a day after the Seoul Southern District Court dismissed...
