Terra investors file a class action lawsuit against Binance.US

? Want to work with us? CryptoSlate is hiring for a handful of positions! A group of investors has filed a class-action lawsuit against Binance.US and its CEO for allegedly failing to comply with fede...

Ghosts Of Terra Awake As Celsius Token Crashes By 50% After Firm Pauses Withdrawals ⋆ ZyCrypto

Advertisement &nbsp &nbsp Users of the crypto lending platform, Celsius, have been left biting their nails following an announcement that the network has paused withdrawals, s...

Binance.US Faces Lawsuit Over Selling Terra Tokens

Binance.US, the U.S.-based subsidiary of the world’s largest crypto exchange Binance, has been charged with a class-action lawsuit for allegedly listing and illegally selling UST and LUNA tokens as un...

Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra

The suit, which was filled by U.S.-based law firm Roche Freedman LLP, alleges that Binance.US marketed Terra’s dollar-based UST as more stable than it actually was. According to the suit, when UST and...

Terra in May, Celsius in June? Why the heat is on after withdrawals halt, $200M to FTX

There’s no easy way to say this, but current crypto-market conditions can only be described as ‘extreme.’ In fact, ongoing corrections saw the price of Ether and other cryptocurrencies tumble, with ma...

Celsius Transfers $320M Worth Of BTC And ETH To Exchanges, Is It Turning Into Another Terra (Luna) Disaster?

– Advertisement – Celsius Has Paused All Withdrawals, Swaps, And Transfers Citing Bad Market Conditions – Is It Turning Into Another Terra Luna Disaster? Weeks after the collapse of Terra,...

Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False – Bitcoin News

Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing ...

Chainalysis report shows Terra collapse did not cause Bitcoin crash

The first week of May was rough for the cryptocurrency community because it saw the collapse of a cryptocurrency that ranked as a top-ten coin. The Terra crash was triggered by the depegging of the US...

Do Kwon Flatly Denies Cashing out $2.7 Billion Before Terra Collapse

Controversial Terra (LUNA) blockchain founder Do Kwon has taken to social media to refute the recent allegations that he cashed out $2.7 billion before the catastrophic end of the $40 billion valued b...

New Allegations Against Terra Founder Surface, Did He Cash Out Early?

FatManTerra has alleged that Terra co-founder Do Kwon cashed out $2.7 billion from Terra within months, using Degenbox to drain liquidity from the ecosystem. In his latest Twitter blast, he revealed t...

Here’s How DeFi Market Looks After Terra Collapse – Coinpedia – Fintech & Cryptocurreny News Media

Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a ...

Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox

? Want to work with us? CryptoSlate is hiring for a handful of positions! Do Kwon was recently accused of withdrawing $80 million a month from the Terra ecosystem leading up to the crash — fresh alleg...

Terra 2.0 (LUNA) Price Hovers at $2.7, Do Kwon Refutes Rumors of Cashing Out $2.7 Billion of Coins » NullTX

The Bitcoin and Ethereum price continues to face bearish pressure as the global cryptocurrency market shows a 4.55% decline in the past 24 hours. The BTC price is down over 4%, currently trading at $2...

Crypto Weekly Roundup: Jay-Z’s Free Bitcoin Academy, Merge Debuts On Ropsten, Retailers Target Crypto Payments, Terra Investigations, And More

More and more retailers are adopting crypto payment options. The Deloitte report confirms that. Several payment providers have also recognized this demand and have started providing the feature on the...

Terra Dev Claims He Raised Concerns Over Do Kwon Bumping Interest From 3.6% To 20%

The Wu blockchain took to Twitter, explaining that the initial interest rate of the Anchor protocol was initially 3.6% until Do Kwon rejected it. Then, the Terra founder bumped the interest rate to 20...

Do Kwon Cashed Out $2.7B From Terra Network as per Claims, Find Out More!

Editors News Kwon could repurchase stablecoins by lending them back to himself. Do Kwon didn’t care that Anchor’s long-term survival was in jeopardy. According to the definition of Terra’s UST, it sho...

Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years.  Numerous unconfirmed repo...

US Court Behest Terra (LUNA) Founder To Act In Accordance With SEC Subpoena

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Do Kwon’s alleged $80 million withdrawals before Terra fallout triggers mixed reactions

Reports that Terra (the new LUNA orLUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members of the community to voice their opinions on...

Terra 2.0 (LUNA) Price Continues to Drop as Bitcoin and Ethereum Face Bearish Pressure » NullTX

This weekend is rough for the global crypto market as it’s nearing a year low. Bitcoin struggles to hold support, dipping below $19k, and Ethereum is facing significant bearish pressure as the ETH pri...

Mike Novogratz Is Regretting His Terra USD Tattoo

Mike Novogratz – CEO of Galaxy Digital and a billionaire bitcoin investor – was so confident in Terra USD, the stable currency that lost its peg and crashed a couple of weeks ago, that he got the symb...

Terra 2.0 is Dead – This is What Crypto Experts Think !

As per Bloomberg’s most recent Tweet, specialists are pessimistic about the future of the Luna 2.0 Token, which has plummeted more than 50% over the past week  The hits have been coming because the ba...

Investors Beware: Terra Whistle Blower Warns Followers Against Being Rugged By Fake Fatman Tokens

– Advertisement –   There’s a new fake crypto token named after FatMan. FatMan has become a popular entity within the crypto community, and even a bigger celebrity within the Terra communi...

New Terra Luna Classic Burning Proposal Get 93% Votes In Favor, Supports 35% LUNC Fee Burn, 5% For Development

– Advertisement –   A proposal to further increase the LUNC burning rate has gained heavy support. The Terra community has been working hard to come up with viable options to save the ecos...

Terra Founder Sent $80 Million in LUNA and UST to His Wallets Every Month: FXStreet

Yuri Molchan As per data allegedly shared by SEC, Do Kwon cashed out over $80 million in Terra’s crypto on monthly basis before whole thing collapsed According to a report by FXStreet, founder o...

Here’s Why Terra And Do Kwon Cannot Prevent Themselves From Falling Under The Regulatory Purview of US SEC

– Advertisement – Terra’s Operations Fall Under the Regulatory Purview of the US Securities and Exchange Commission (SEC) by US laws. Contrary to arguments that the SEC does not have juris...

Dogecoin Founder Says He is Not Surprised By Allegations About Terra Founder Cashing Out $80M Prior To LUNA Crash

– Advertisement –   Industry players are not shocked by claims that Do Kwon laundered Terra funds. Do Kwon’s reputation may be on its way to the gutters, but very few people would have exp...

SEC Investigating $60 Billion Terra Implosion

Alex Dovbnya The Terra implosion has reportedly attracted scrutiny from the U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission has reportedly launched an investigation...

How these new ‘money laundering’ claims tie into the Terra UST depegging fiasco

The U.S Securities and Exchange Commission has launched an investigation into the Terra crash. The Terra explosion is one of the biggest busts in the crypto history. The probe also investigates the ma...

Offering High Yields, Crypto Lender Celsius Token Falls In the Wake of Terra Collapse

– Advertisement – Celsius Just Dipped By 32% Due To Ripple Effects After Terra Collapse. Terra’s woes appear to affect other crypto projects in the industry. Apparently, Celsius, which is ...

Crypto Community Reacts To News That Kwon Silently Cashed Out $80 Million Monthly Before Terra Implosion ⋆ ZyCrypto

Advertisement &nbsp &nbsp In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was wi...

Second Circuit Court Orders Terra CEO To Comply With SEC

The United States Securities and Exchange Commission (SEC) subpoena served to the Terraform labs and its CEO, Do Kwon has been found to be in order by the second circuit court. Do Kwon claimed the SEC...