A probe into possible illegal activity behind the algorithmic stablecoin TerraUSD (UST) and the affiliated LUNA token has deepened with a raid on the Seoul home of the firm’s co-founder Daniel Shin, a...
Tag: Terra
Terra Co-founder Daniel Shin’s Seoul Residence Raided by Officials
Terraform Labs gained $94 M in the year 2019. Investigation happening over DoKwon regarding the TerraUSD collapse. A raid on the Seoul residence of TerraUSD co-founder Daniel Shin, according to a Bloo...
Opinion: Terra – A lesson learnt for trading platforms?
After millions of new retail traders entered the crypto market in 2021, 2022 started with a downturn, auguring fears of a bear market. With concurrent inflation fears and rising interest rates, tradin...
Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup: Report
3AC continued to borrow from lenders expecting a market rebound. This was until bitcoin (BTC) fell to nearly $20,000 in late June, causing the firm’s positions to go awry and making it unable to repay...
South Korean Prosecutors Intensify Investigations Against Terra & Do Kwon
It’s been more than two months since Terra (LUNA) collapsed, but the investigation around its founder Do Kwon does not seem to end. As per the recent developments, co-founder of TerraForm Labs, Danie...
Terra co-founder’s office raided in South Korea on 20 July
The fall of Terra was one of the most unusual events in the history of the global crypto market. Stablecoins were previously considered safe from collapse or an irregular change in value. The market t...
Korean Investigators Raid Home Of Terra Co-Founder As Investigation Of Terra Collapse Heats Up
– Advertisement – Daniel Shin comes under scrutiny in the Terra collapse investigation. In a report today, Bloomberg has confirmed that investigators included the home of Terra Co-founde...
Terra LUNA Price Drop By 8% With An Ongoing Investigation
The after effects of Terra (LUNA) crash are still hovering around the crypto space. It’s just yesterday that 15 South Korean firms got raided by the country’s prosecutors, to check their connection wi...
After Terra LUNA Crash S. Korea Delays Crypto Tax
The South Korean government announced a big measure for the virtual asset industry. The authority declared that the taxation of cryptocurrency will be postponed for two years. New Taxation to imply in...
Cardano Founder Charles Hoskinson Says Terra Investigation In South Korea Heating up Quickly
– Advertisement – Cardano Founder Says South Korea Escalating Terra Investigation Quickly. A day ago, As Reported By The Crypto Basic, a number of South Korean exchanges were raided by gov...
Upbit, Bithumb among Korean crypto exchanges hit in Terra fraud raid
Korean prosecutors investigating a case of fraud linked to the collapse of stablecoin protocol LUNA and its sister-asset TerraUSD (UST) have raided seven crypto exchanges in the country, reports Yonha...
Korean Prosecutors Raid Crypto Exchanges in Terra Probe
Offices of Upbit and several other cryptocurrency exchanges were raided on Wednesday by a team of investigators probing a fraud case in connection with the collapse of Terraform Labs’ sister tok...
Terra Investigation Picks up Pace as South Korean Prosecutors Raid Top Exchanges
Alex Dovbnya South Korean prosecutors raided top exchanges amid Terra investigation South Korean investigators from the Seoul Southern District Prosecutors Office raided top cryptocurrency exchanges, ...
Prosecutors Raid Crypto Exchanges amid Terra Probe: Report
South Korean regulators have reportedly raided serval exchanges and entities that are connected with Terraform Labs as another effort in the ongoing investigation of the case. According to a report fr...
Terra (LUNA) Price Surges Above $2 While TerraClassic (LUNC) Price Display Resurgence of Bulls
Terra Classic (LUNC) Price Analysis Terra Classic after a long time has displayed a significant bullish divergence while the bears attempt very hard to restrict the price lower. Despite the market sen...
7 Leading Exchanges Raided By Korean Prosecutors In Connection To Terra Fraud Inquest ⋆ ZyCrypto
Advertisement     On Wednesday, a team of South Korean investigators raided the offices of seven domestic crypto exchanges as part of an ongoing probe into the fall of...
Prosecutors raid South Korean crypto exchanges in Terra investigation: Yonhap
South Korean prosecutors launch a raid on seven local cryptocurrency exchanges on Wednesday as part of the investigation into Terraform Labs and its co-founder Do Kwon, local news agency Yonhap report...
Terra (LUNA) Investigation Brings S.Korean Crypto Exchanges & Banks Under Scrutiny
The after-effects of Terra (LUNA) crash is still being hovered around the crypto space. Once the Terra (LUNA) collapsed there was an investigation ordered by the court. The investigations are based on...
Crypto Exchanges In South Korea Raided By Prosecutors As Part Of Investigations Into Do Kwon’s Terra
– Advertisement – Prosecutors in South Korea have seized transaction records from crypto exchanges as investigations into Terra heat up. At around 5 pm on Wednesday, South Korean prosecu...
Terra Probe Intensifies As S. Korea Crypto Exchanges In New Trouble
The Terra probe continues to bring trouble to the South Korean crypto ecosystem. Reports suggest that the country’s authorities took the investigation a step ahead on Wednesday with latest moves. The ...
Prosecutors Raid Exchanges Tied to Terra Collapse
Key Takeaways At least seven cryptocurrency exchanges were raided by South Korean officials today in apparent connection with ongoing investigations into Terraform Labs. Among other legal troubles, th...
South Korean investigators raid 7 local exchanges in Terra probe
As part of the investigation into the collapse of Terra in May, South Korean prosecutors raided seven local crypto exchanges on July 20, according to a report by Yonhap News Agency. The report said th...
Singapore’s financial watchdog pushes back against Terra and 3AC associations
Ravi Menon, the managing director of the Monetary Authority of Singapore, or MAS, said companies often labeled by the media in connection to the recent market volatility as “Singapore-based” were not ...
MAS Insists Terra, 3AC Unlicensed to Operate in Singapore
Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS) has corrected the misconception about how some of the most distressing crypto firms are linked to Singapore. Menon indica...
This is How 3AC, Celsius Network & Terra (LUNA) Crash Are All Interconnected
The crypto lending platforms are not in a good position right now where bankruptcy is hovering around the firms. The major of them include Three Arrow Capital (3AC) and celsius network celsius network...
Terra (LUNA) Price Analysis: Bulls Dominate Marking Higher Goals – Coinpedia – Fintech & Cryptocurreny News Media
The price of Terra has been on a tear, with the market recording a significant increase in prices. The bulls took control of a rally that brought prices as high as $2.02 per in the past 24 hours. The ...
Terra (LUNA) & TerraClassic (LUNC) Buckling-Up! Levels to Consider for the Upcoming Bull Rally
The post Terra (LUNA) & TerraClassic (LUNC) Buckling-Up! Levels to Consider for the Upcoming Bull Rally appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Th...
One Ethereum Rival Tripled Its Share of Total Value Locked Across DeFi After Terra (LUNA) Implosion: New Study
A new report from crypto ranking platform CoinGecko is shedding light on one Ethereum (ETH) rival that tripled its share of total value locked (TVL) in the decentralized finance (DeFi) sector after th...
Terra LUNA leads the most trending cryptos as investors bet on higher prices
As the cryptocurrency market atmosphere continues to move away from pessimism and the global market cap reclaims the $1 trillion milestone, altcoins are seeing growth accompanied by two coins that are...
Terra Classic’s [LUNC] recent success might get you high on investing
Terra Classic is determined to make a strong comeback and there are many roadblocks ahead. One of those challenges is the inflated LUNC supply due to the excessive minting when LUNA and UST crashed. T...