In a Twitter update on Friday, Luna Foundation Guard (LFG), an organization that supports the Terra ecosystem, revealed that its efforts toward compensating Terra holders remain futile due to the ongo...
Tag: Terra
Terra Classic v23 Upgrade To Bring A Big Boost To LUNC Network
– Advertisement – Terra Classic (LUNC) v23 Upgrade To Come With Full Cosmos Interoperability. The next Terra Classic upgrade to bring a big boost to the LUNC network with Cosmos interopera...
Terra Classic Community Launches $1 LUNC Burn Campaign to Destroy Millions Of Coins
– Advertisement – Terra Classic investors want to accelerate the token burn via a new campaign. Despite the progress recorded in the ongoing Luna Classic (LUNC) burn, the Terra classic c...
When Will Terra Victims Be Compensated?
Key Takeaways The Luna Foundation Guard (LFG) took to Twitter to say it didn’t have a definite timeline on its plan to compensate Terra victims. Ongoing legal matters would need to be resolved before ...
Terra Classic Breaks Into Top 10 Coins By Trading Volume, Eyes Super Bullish LUNC ‘Burn’ Milestones ⋆ ZyCrypto
Advertisement     LUNC maintains its high tempo entering into October, reaching new highs. Surging over 70% in the past seven days and listed on new exchanges, LUNC h...
LFG Says No Timeline To Compensate Affected Terra USD (UST) Users, as Allocation not possible Currently
– Advertisement – LFG is not compensating users soon. The Luna Foundation Guard has mentioned that the dispersion of its remaining assets to affected investors is impossible now, noting th...
Luna Foundation blames litigations for non-distribution of assets to Terra holders
Luna Foundation Guard (LFG) tweeted Oct. 7 that its effort to distribute the remaining assets of the failed Terra ecosystem to the token holders has been frozen due to ongoing litigations. 1/ Since $U...
South Korean judge dismisses warrant for individual involved in Terra collapse: Report
In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country. The warrant for Yoo ...
Court Declines Arrest Warrant Against Detained Terra Executive
5 hours ago | 2 mins read Altcoin News According to the judge, Yoo returned even after an arrest order had been issued. Yoo faces many charges, including fraud, and breach of duty among a few. Earlier...
Do Kwon is set to lose his South Korean passport amid investigations into Terra collapse
Join Our Telegram channel to stay up to date on breaking news coverage South Korea is set to revoke the passport of the co-founder of Terraform Labs, Do Kwon. This comes amid growing pressure on the c...
Terra Rebels Warns Terra Classic ($LUNC) Community About Rising Rug Pulls
Terra Classic (LUNC) gains popularity amid developer group Terra Rebels’ Terra Classic Revival Roadmap and active participation by the community. Terra Rebels ensures the Terra Classic (LUNC) communit...
Terra Founder Accepts Podcast Invite to Discuss Why He’s Not Returning To South Korea
– Advertisement – Kwon agrees to state why he went into hiding. Do Kwon, the founder, and CEO of TerraForm Labs (TFL), has agreed to disclose in a podcast why he has not returned to Sout...
South Korea Court Dismiss Arrest Warrant Against Terra General Head of Affairs, Yoo Mo
Yoo Mo, the head of general business operations of Terraform Labs, had an arrest warrant issued for him, but the Seoul Southern District Court judge in South Korea dropped it because it wasn’t necessa...
No Agreement Between Kaj Labs And Terra Classic Developers To Burn 2.5T LUNC, Says Terra Rebels
– Advertisement – As LUNC’s popularity rises and its active community comes to the fore, it is not surprising to see projects name-drop the token to attract its active community. In a twee...
Korean police reportedly arrest first person involved in Terra collapse
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle. After months of investigation without a single arrest and the main offender on the run teasing the enforcers on Tw...
Terra CEO to lose passport in a month
LUNA Price at the time of writing – $2.51 The notice orders Kwon to return his passport to the ministry If the passport is returned his passport will be issued after Sept. 13, 2023 On Wednesday, the p...
Terra Classic (LUNC) Community News Shadows Do Kwon Crisis?
Even as the noose tightens around Terra Luna crisis, positive news is apparently keeping the Terra Classic community motivated. In a latest, the authorities have arrested Terra‘s head of general affai...
Terra Founder Do Kwon Denies His Assets Were Frozen
Alex Dovbnya Terra’s Do Kwon denies media reports that his cryptocurrency assets have been frozen by South Korean authorities Terra founder Do Kwon denied that his cryptocurrency assets were fro...
LUNC Pundit Advises Terra Classic Community to Spread Delegations Across Validators to Improve Decentralization
– Advertisement – A Terra Rebels member has advised the LUNC community to distribute delegations proportionately across validators to make the network more decentralized. The Terra commu...
South Korean Police Arrest Terra Do Kwon’s Top Aide As Manhunt Continues ⋆ ZyCrypto
Advertisement     Following an ongoing investigation into the meltdown of the Terra ecosystem, South Korean authorities have captured the first person. Yoo Mo, head of...
Is This Do Kwon’s Wallet? Wanted Terra Founder May Still Have $140M at Hand
Key Takeaways An entity associated with Do Kwon and Terra currently has over $140 million worth of Bitcoin in its wallet. While still unidentified, the entity funded Luna Foundation Guard’s official w...
Terra manager arrested in South Korea
South Korean authorities have reportedly arrested Terra’s Head of General Affairs, according to local press reports. Arrests continue in the Terra investigation The hands of justice are being tightene...
South Korea Captures Key Terra Member, Do Kwon In Sight?
According to a report from CNBC, South Korean authorities apprehended Terra’s Head of General Affairs, Yu Mo, as part of their investigation against Do Kwon and the LUNA debacle. The suspect was captu...
Terra Luna Crypto Crisis Deepens As Police Makes First Arrest
Terra Luna Crypto Crisis Deepens As Police Makes First ArrestSouth Korea Makes First Arrests In Terra LUNA ProbeOctober 6, 2022After months of investigation South Korean police have identified the fir...
Prosecutors Hunt for Terra Luna Crypto Exec Do Kwon
A court in South Korea has issued an arrest warrant for crypto executive Do Kwon, the head and founder of blockchain platform Terraform Labs. Kwon is facing charges of fraud following the collapse of ...
Bitcoin, Binance Coin, Cronos, and Terra Classic Daily Price Analyses – 6 October Morning Prediction
The global crypto market saw a change in the influx of capital recently. The recent performance of Bitcoin, Binance Coin, and others shows a decline in gains. As the market saw a decline in gains, the...
This Exchange To Support Terra Classic 1.2% Burn on LUNC Trading
– Advertisement – CetoEX will list LUNC and implement the 1.2% tax burn on trading. Terra Luna Classic burns are set to skyrocket as another cryptocurrency exchange has announced that it w...
Terra LUNA investigations make progress with an arrest
An employee of Terra-LUNA who South Korean prosecutors apprehended exemplifies the ancient adage “You can run, but you cannot hide.” Investigations into the collapses of Terra LUNA and UST have spanne...
Developer Confirms No New LUNC Minting, As Terra Rebel Asserts No One Is In Charge Of Terra Classic Codes
– Advertisement – The voice of the Terra Classic community prevails as Alex Forshaw yields. On Tuesday, The Crypto Basic reported that some members of the Terra Rebels had made a new pro...