Terra (LUNA)
Terra Co-founder Do Kwon Gets Sued for $57 Million in Singapore
Do Kwon is subject to a lawsuit in Singapore for $57 million. The court document states that Kwon knew about “the fundamental fragility of algorithmic stablecoins.” The South Korean foreign...
Do Kwon Faces $57 Million Fraud Lawsuit By TerraUSD Investors
Interpol issued Red Notice to arrest Do Kwon. 350 investors filed a $57 million lawsuit against Kwon. Terraform Labs spokesperson says the firm would defend itself. The Terraform Labs founder...
350 Investors File Lawsuit Against Do Kwon; $57M Compensation Await
Do Kwon received a Red notice from Interpol for immediate arrest. 350 million investors issue a case against Kwon for the false portrayal of UST stablecoin’s price stability. Kwon is...
Hashed CEO States Mental Illness for Not Attending Terra Enquiry
Hashed CEO Simon Seojoon Kim fails to attend the National assembly. The assembly was held to enquire about the Luna-Terra incident. He stated mental illness as the reason for not...
Hashed CEO Unable to Testify at LUNA Panel Due to Mental Illness
The CEO of Hashed said he is unable to testify before the investigative panel. He claims to suffer from anxiety illnesses and panic disorders. The virtual asset firm lost over...
Do Kwon Flees to UAE After a Disgusting Drama: Forkast Reports
Forkast reports that Kwon has fled to Dubai from Singapore. Kwon comments that he has experienced a breach of personal privacy. An official untangled the confusion around the validity of...
Fatman Reminds Laura Shin on Terra’s Fraudulent Journey
Crypto journalist Laura Shin took to Twitter to speak about Do Kwon not revealing his whereabouts. Some Twitter users debated that he should be held accountable for his doings. Terra...
Do Kwon Claims Luna Audit Report Is Weeks Away From Being Published
Do Kown has hired an on-chain analysis company to publish a report. The upcoming report would provide clarity on all LFG’s trading. Do Kwon explained that LFG and its associates...
Haven’t Seen Copy of Arrest Warrant: Do Kwon In Laura Shin Interview
Do Kwon was interviewed by the popular crypto journalist Laura Shin. Laura asked Kwon about the South Korean arrest warrants and Interpol’s Red Notice. Kwon states that he has not...
Do Kwon Accepts Journalist Laura Shin’s Interview Invite
Crypto journalist Laura Shin says she is interviewing Do Kwon tomorrow morning. Shin says she is not in any way compensating him for the interview. Do Kwon has been a...
$3M LUNA Cashouts By Do Kwon May Have Caused UST Collapse
Reportedly, Terra founder Do Kwon unlocked 3 million LUNA for TLF back in 2021. The LUNA tokens were converted into UST by specialized bots. $300 million were dumped into MIM...
Do Kwon Might Become ‘Illegal Immigrant’ if Passport Loses Validity
Do Kwon might get his status changed to “illegal immigrant”. The Ministry of Foreign Affairs ordered Do Kwon to return his passport. The passport will lose its validity in accordance...
An Arrest or an Arrest Warrant? FatMan And Watcher.Guru Argue
Watcher guru’s Twitter post erupts confusion around the arrest of Yoo Mo. “Yoo Mo, Terra’s Head of General Affairs, is charged with violating the capital markets act,” says the Seoul...
Blockchain Data Confirms LUNA Foundation Withdrew $67M By Proxy
LFG denied withdrawing $67M after Terra’s founder became wanted. Blockchain data shows the foundation carried out the transactions by proxy. The wallets that transferred the 3,133 BTC were active during...
Terraform Labs Business Head Arrested by Seoul Crime Unit
South Korean authorities arrest Terraform labs employee Yoo Mo. Yoo Mo is the head of the business team and head of general affairs of Terraform Labs. This is the first...
South Korean Foreign Ministry Invalidated Terra Founder’s Passport
The South Korean Foreign Ministry to invalidate Terra Founder Do Kwon. The government published a public notice due to the “inability to deliver” the passport return order. The Singapore government...
Terraform Co-founder Begs Not to Appear at National Assembly Audit
Cofounder Daniel Shin has pulled out of the parliamentary review meeting. Shin claims his presence may impede the current probe in Terra-LUNA. The May meltdown of Terra LUNA impacted around...
LUNC Core Developer Proposes to Remove and Secure Stablecoin
Edward Kim suggests the first step to reviving the stablecoin market in Terra. Stablecoins within the Terra Classic ecosystem to support the top 23 fiat currencies. Terra ecosystem’s demise hinders...
Terraform Lawyers Say Do Kwon Case Has Become Political
Terraform Labs dismissed accusations of a crypto crash, calling the case political. It also said the claims of capital-market violations lacked any rational foundation. The prosecutors denied responding to the...
Do Kwon Calls Report About Him on Cointelegraph Fake News
Terraform Labs’ founder called out Cointelegraph for reporting fake news about him. Cointelegraph claims Kwon tried to withdraw $67 million worth of Bitcoin. Kwon proclaimed he never tried to make...
3310 BTC on the Move From LFG as Prosecutors Hunt for Do Kwon
South Korean officials announced an arrest warrant against Do Kwon earlier. Post the issue, 3310 BTC was moved from LFG’s Binance to KuCoin wallet and OKX. KuCoin froze the transferred...
Twitter Abuzz After Interpol Issues Red Notice For Do Kwon
Interpol has issued a worldwide arrest warrant for Terra founder Do Kwon. A Red Notice is a serious step and is usually issued for wanted fugitives. Korean officials have already...
Terra Labs Founder Do Kwon Could Be an Interpol-wanted Criminal Soon
Do Kwon responds to questions about his whereabouts as an invasion of privacy. South Korean prosecutors, however, believe that the tech leader is indeed “on the run.” The country’s officials...
LUNA Sees 24% Decline in Past 24 Hours, Plummets to $3.78
Terra price analysis indicates a bearish market sentiment. LUNA has been on a bull run in the last seven days. However, the price has started to show signs of weakness....
South Korean Court Orders Arrest of Terra LUNA Founder Do Kwon
A South Korean court issues an arrest warrant against Do Kwon, the founder of Terraform Labs. Terra’s stablecoin deepened to $0.006218, while its counterpart crypto LUNA dropped by 1,634% to...
