The exact location of Do Kwon, the founder, and CEO of the failed stablecoin company Terraform Labs, currently remains a mystery. However, South Korean prosecutors have identified that the wanted cryp...
Tag: Terras
Terra’s Do Kwon Posts Mysterious Tweet, Discusses Difficult Times
Terra Founder Do Kwon has commented on LUNA’s Expedition proposal with a mysterious tweet. The tweet had GIF images of a feather, a handshake and a train in motion, but what the Terra founder me...
Do Kwon Accused of Manipulating Terra’s Price
Local reports from South Korea have claimed that prosecutors have obtained evidence to suggest that Do Kwon, co-founder of Terraform Labs, ordered an employee to manipulate the price of Luna Classic (...
Terra’s Do Kwon Is in Europe After Fleeing Singapore: Report
Key Takeaways The Korean Broadcasting System reported today that Do Kwon, CEO of Terraform Labs, is residing in Europe. Kwon previously fled Singapore and South Korea and is wanted on charges of fraud...
5 Legal Threats Do Kwon Faces Since Terra’s Collapse
Do Kwon is facing three lawsuits in the US and one in Singapore The 31-year-old entrepreneur is set to lose his home country’s passport Do Kwon, Terraform Labs’ founder, shows up to select interviews ...
Crypto Platform Hodlnaut Lost $190 Million From Terra’s Crash (Report)
The Singaporean cryptocurrency lending platform – Hodlnaut – reportedly lost approximately $190 million due to its exposure to Terra’s algorithmic stablecoin UST. The latter’s collapse in May has been...
Terra’s Do Kwon Faces $57 Million Lawsuit in Singapore For Financial Fraud ⋆ ZyCrypto
Advertisement     A fresh lawsuit has been initiated in Singapore against embattled Terra Form labs CEO Do Kwon, the Luna Foundation Guard (LFG) and Terra founding par...
Terra’s Do Kwon Facing Yet Another Lawsuit
Key Takeaways Do Kwon and other members of Terraform Labs face a class action lawsuit from over 350 investors. The lawsuit alleges that TerraUSD’s price stability and Anchor Protocol returns wer...
4,400 disgruntled investors are hunting for Terra’s Do Kwon
Members of a 4,400-strong Discord group called the UST Restitution Group (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon. Members of the group, seemingly out of fr...
Terra’s Do Kwon Apologizes To LUNA Victims, Insists He Is Not On The Run ⋆ ZyCrypto
Advertisement     Terraform Labs co-founder Do Kwon has insisted that he is not on the run despite a red Notice being issued against him by Interpol. Speaking during a...
Laura Shin Asks Terra’s Do Kwon The Tough Questions. What Did We Learn?
This is the Do Kwon interview everyone was waiting for. In the latest episode of Laura Shin’s Unchained Podcast, titled ‘It Was Never Really About Money or Fame or Success’, the Terra creator faces se...
Do Kwon Opens up and Admits Full Liability for Terra’s Collapse
2 hours ago | 3 mins read Editors News Do Kwon denied allegations regarding the freezing of the $67 million fund. Terra’s founder continuously says he is not on the run from law enforcement. The “want...
Do Kwon Sorry for Arrogant Tweets, Takes Full Responsibility for Terra’s Collapse
Terra’s collapse is one of the most high-profile events in the crypto industry in recent times. With South Korean authorities and Interpol involved, the once crypto titan, Do Kwon, has opened up about...
Terra’s Do Kwon reveals why he cannot disclose his location
In an interview published today, the founder of collapsed Terraform project, Do Kwon, finally revealed the reason why he cannot admit his location. For months now, South Korean authorities have been p...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion – Altcoins Bitcoin News
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain ma...
Do Kwon’s Passport Will Be Invalidated Soon, What’s in Fate of Terra’s Founder After Oct-19th
Do Kwon, the creator of Terra was expected to appear before the court earlier this month, according to a statement from the South Korean prosecutors, who also threatened to revoke his passport if he d...
Back to Square One? Circle’s USDC Market Cap Drops Below $50B for First Time Since Terra’s Collapse
“BUSD has seldom been used in DeFi and is not near the top 10 pools of Curve, Uniswap, Aave etc. USDC usage, however, remains strong. Four of the top five Uniswap pools contain USDC,” Tean...
LUNC, LUNA Prices Drop Following Freeze of Over $40 Million Worth of Terra’s Do Kwon’s Assets
Wu blockchain reports that South Korean prosecutors have frozen two exchanges of $39.66 million of crypto assets, including BTC, belonging to the embattled Terra founder, Do Kwon. Wu cites Korean news...
Terra’s Collapse Destroyed Faith in Stablecoins. Can Maker Restore It?
DAI never says die. Some have called DAI’s over-collateralized design capital-inefficient, but one of MakerDAO’s protocol engineers says that’s why DAI has become the largest, longest-running de...
Terra’s Luna Classic (LUNC) surges by 70% as Binance burns an unknown amount of tokens
Join Our Telegram channel to stay up to date on breaking news coverage After the Terra blockchain collapsed back in May of this year, it took down most of its tokens with it. Other projects have fled ...
What’s Next for Terra’s LUNC After Binance Burns 5.5 Billion Tokens
Binance announced its first weekly burn of Luna Classic (LUNC) spot and margin trading pair fees totaling $1.7 million. This batch of fees came from trades between Sep. 21, 2022, and Oct. 1, 2022, acc...
Terra’s Luna Classic Gains Big as Binance Burns Untold Tokens
The value of Luna Classic, LUNC, is up over 70% for the week and up over 44% for the month, hitting $0.000365 mid Sunday as traders awaited final token burn numbers from Binance. This as most cryptocu...
Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin
Cosmos’s fledgling decentralized finance (DeFi) ecosystem previously relied on the promise of Do Kwon’s digital dollar, and the algorithm that supposedly backed it, to build up its on-chain lending, b...
Terra’s Do Kwon Denies Trying to Cash Out Bitcoin Fortune Shortly After Arrest Warrant
Alex Dovbnya Do Kwon has denied that his cryptocurrency funds have been frozen after insisting that he wasn’t on the run Terra founder Do Kwon has denied attempting to cash out millions worth of Bitco...
South Korea Moves to Freeze $67 Million Worth Of Bitcoin Linked to Terra’s Do Kwon, Luna Foundation ⋆ ZyCrypto
Advertisement     Prosecutors in South Korea have made moves to freeze about $67 million worth of Bitcoin linked to the co-founder of the collapsed Terra blockchain, D...
South Korea Moves to Freeze Bitcoins Linked to Wanted Terra’s Do Kwon
South Korea has started making moves to freeze digital assets believed to be owned by Terra’s co-founder Do Kwon. Authorities detected that 3,313 BTC (approximately $67 million) were recently sent to ...
Cardano Founder Takes Jab at Terra’s Do Kwon: Details
Cardano founder Charles Hoskinson has taken a jab at Terra co-founder Do Kwon for insisting he was not on the run and had nothing to hide. The Terra co-founder denied being on the run after the Singap...