The U.S. Securities and Exchange Commission (SEC) is charging the founder of embattled stablecoin issuer Terra (LUNA) with defrauding investors in “crypto schemes.” In a new press release, the SEC is ...
Tag: Terra
Terra tokens declared securities; BUSD market cap down 15%
Ad The biggest news in the cryptoverse for Feb. 17 saw Terra-related tokens lose part of their value as the U.S. SEC declared them to be securities. Meanwhile, Binance saw the market cap of its BUSD s...
Terra and Founder Do Kwon Face Charges From SEC, Delayed Action Sparks Controversy
The United States Securities and Exchange Commission’s recent filing of charges against Terra and its founder, Do Kwon, has surprised many in the cryptocurrency world due to its delayed timing. The SE...
Here’s How SEC Unfolded The Terra Scam!
Terraform Labs, the company behind the Terra blockchain, and its co-founder, Do Kwon, are being sued by the Securities and Exchange Commission (SEC) for allegedly defrauding investors. The complaint a...
New Play2Earn Game Coming on Terra Classic (LUNC)
The team behind the game has also confirmed plans to implement on-chain tax burns. Garuda the Protector, an upcoming play-to-earn (P2E) game project, will launch on the Terra Classic blockchain in the...
SEC Says Do Kwon Laundered Over 10,000 Bitcoin From Terra and Luna Foundation Guard (LFG)
The SEC accuses Kwon of diverting 10K units of Bitcoin from Terra. The Securities and Exchange Commission (SEC) has alleged that Terra co-founder Do Kwon and TerraForm Labs (TFL) were involved in mone...
‘Wild’ — SEC going after Terra sparks responses from crypto lawyers
Terraform Labs and its founder, Do Kwon, are in the sights of the United States Securities and Exchange Commission (SEC), which has sparked various reactions from lawyers within the crypto community. ...
Do Kwon Accused of Withdrawing Bitcoin Worth $100 Million After Terra Collapse
The collapse of the Terra/Luna stablecoin ecosystem resulted in investors losing almost $40 billion, causing a significant and ongoing market decline. However, recent developments suggest that the fou...
Terra Founder Do Kwon Cash-In 10,000 Bitcoin Via Swiss Bank
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Terraform Labs and its co-founder Do Kwon for orchestrating a $40 billion securities fraud involving LUNA and Terra’s algorith...
SEC uses Terra Luna against other crypto
SEC vs Terra Luna and the crypto market According to Delphi Lab’s general counsel against Terra Luna, the SEC has put up such a tough act that it has raised suspicions in the crypto world. Terraform L...
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
The United States Securities and Exchange Commission’s (SEC’s) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according t...
Former Tmon CEO faces arrest for taking bribes to promote Terra Classic
After the former CEO of Tmon, a Korean e-commerce platform, was accused of taking billions of won worth of Terra (LUNA), which is now known as Terra Classic (LUNC), in exchange for promoting Terra as ...
Terra Founder Charged With Fraud
The founder of the collapsed Terra stablecoin, Do Kwon, has been charged with securities fraud by the U.S. Securities and Exchange Commission (SEC). SEC Sues Do Kwon The SEC has taken legal action ag...
Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator
The U.S. Securities and Exchange Commission (SEC) charged Singapore-based Terraform Labs and its chief Kwon Do-hyung with defrauding investors through “a multi-billion dollar crypto asset securities f...
Terra Founder Do Kwon Conducted Fraud With Investors
As the U.S. Securities and Exchange Commission (SEC) continues to tighten its grip over the crypto space, the latest bait for the securities regulator is Terra LUNA creator Do Kwon. Last May 2022, the...
Terra Founder Do Kwon Charged by SEC For Multi-Billion Fraud
The U.S SEC charges Terraform and its CEO Do Kwon. Terra Classic (LUNC) price dropped over 5.2% in the last 24 hours. The U.S Securities and Exchange Commission (SEC) has sued Terraform Labs and its f...
Terra Classic market cap drops below $1 billion as SEC formally charges Do Kwon
Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is experiencing a capital outflow after the United States Securities Exchange Commission (SEC) formally charged founde...
Terra Luna Classic (LUNC) Burn Plummet Amid Upgrade
Terra Classic blockchain upgrade v1.0.5 successfully went live at block height 11,543,150 on February 15 at 18:28:24. The proposer of the block was Kucoin LUNC Node. While the developers were busy wit...
SEC To Sue Firm Behind Failed Terra Stablecoin, Terraform Labs
Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing t...
SEC charges Do Kwon with fraud in connection with Terra collapse
Do Kwon, co-founder and chief executive officer of Terraform Labs, in the company’s office in Seoul, South Korea, April 14, 2022. Woohae Cho | Bloomberg | Getty Images The Securities and Exchang...
SEC charges Terraform and Do Kwon post Terra collapse
Policy • February 16, 2023, 5:01PM EST The Securities and Exchange Commission charged Terraform Labs and its CEO Do Hyeong Kwon over its algorithmic stablecoin Terra USD, which collapsed dramatically ...
Warrant Issued Against TMON CEO In Terra Investigation In South Korea
CEO of e-commerce giant TMON is wanted by South Korean prosecutors. The Terra-LUNA investigation led to an arrest warrant issued in TMON CEO’s name. The former CEO reportedly received bribes in Terra ...
Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs
South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of South Korean won in Terra (LUNA), now known as Terra Classi...
Terra LUNA Classic [LUNC] Price Prediction: LUNC in This Channel
Terra LUNA Classic [LUNC] price has dropped from the rising parallel channel and it might get reverted as Bitcoin starts surging. Terra LUNA crypto is trying to sustain at 20 and 50-EMA while trading ...
The project that doomed FTX a year before Terra Luna
The turmoil that hit digital assets markets last year plunged several prominent exchanges and hedge funds into bankruptcy. Among the most high-profile was the collapse of the gargantuan, once-$29 bill...
Over 3.5 Billion Terra Classic Staked in a Day
The development brings the percentage of supply staked to an impressive 14%. The Terra Classic (LUNC) community just staked up to 3.5 billion LUNC tokens within a day, bringing the total amount of sta...
TFL Postpones Terra Classic Shuttle Bridge Sunset Date
The move extends the deadline for holders of wrapped assets to bridge back to the classic chain. Terraform Labs, using the @terrac_money Twitter handle, has announced that it is postponing the Terra C...
Terra Classic USTC Price Jumps 15%, LUNC Shows Strength
While the crypto market reel under regulatory action from US financial regulators, TerraClassicUSD (USTC) and Terra Classic (LUNC) prices show strength as blockchain upgrade v1.0.5 is almost here. It ...
Terra Classic upgrade to go live; How will LUNC react?
Upgrade v1.0.5, which will pave the way for the resumption of the Terra Classic (LUNC) token burning of the cryptocurrency trading platform Binance, is scheduled for launch on February 14, as a develo...
Terra once again in danger
Join Our Telegram channel to stay up to date on breaking news coverage The $60 billion collapse of the Terra ecosystem in May of last year exposed holes in the crypto industry’s structure and set off ...
Terra Classic USD (USTC) Rallies After CZ’s Comment
The asset’s recent momentum is in direct contrast to the dominant downtrend witnessed within the broader crypto market. TerraClassicUSD (USTC) is currently bucking the overall market, as it is current...