The ongoing crash in the cryptocurrency market witnessed a heavy amount of sell-offs across the market. Bitcoin and altcoins, both saw massive liquidations amounting to millions on a daily basis. Clea...
Tag: UST
Class-Action Lawsuit Filed Against Binance US in Northern California for UST Sales
Disgruntled investors in California have filed a class-action lawsuit against Binance.US for listing TerraUSD and LUNA without disclosing UST as a security. While its global counterpart, Binance, face...
Lawsuit Filed Against Binance.US, Did Binance Mislead Investors In Terra UST Crash?
According to media reports today, Binance.US has lawsuit against it, over its involvement in the sudden crash of stablecoin, Terra UST which led to the loss of billions by a large number of investors...
Binance.US faces class-action lawsuit over LUNA and UST sale
Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST). A group of investors filed a class-ac...
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’ – Coinotizia
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by th...
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’ – Bitcoin News
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by th...
SEC opens investigation into UST collapse
According to press rumours, the US Securities and Exchange Commission (SEC) is investigating Terraform Labs and the collapse of the algorithmic stablecoin TerraUSD (UST). SEC investigates loss of UST ...
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 ...
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...
Terra’s UST Collapse Is Not The Main Culprit Behind Bitcoin Crash: Chainalysis
Chainalysis, a blockchain analytics platform, has published a report analyzing the Terra crash. According to the report, the Terra crash did escalate the downturn in the crypto market, however, it was...
SEC court win over Terraform and Do Kwon opens door for UST investigation
Terraform Labs’ court loss over Mirror Protocol opens the doors for greater action on the collapse of stablecoin TerraUSD. Yesterday, the Second Circuit Court rejected Terraform Labs’ appeal against ...
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...
Chainalysis: Terra’s UST Collapse Wasn’t Main Factor in Bitcoin Crash
Blockchain analytics platform Chainalysis has released a report analysing the crash of Terra’s stablecoin UST, concluding that it while it was a factor in the recent crypto market crash, it wasn’t the...
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...
SEC Is Investigating Terra’s UST Stablecoin Collapse: Report
Terra’s UST stablecoin could become the subject of a U.S. Securities and Exchange Commission investigation. An unnamed source told Bloomberg that the regulator’s enforcement attorneys have...
A New Terra USD (UST) Validator To Transfer 10% Commissions To UST Victims And Support All Burning Proposals
– Advertisement – The famous Terra community warrior, FatMan, is launching a Terra 2.0 validator to compensate UST victims and boost community governance. After weeks of exposing TFL and D...
Can The Charm Of Justin Sun Save USDD Become UST?
What Is USDD? USDD is Over-Collateralized Decentralized Stablecoin which is issued by Tron Dao. This might seem like a fancy definition. Let’s make it simple. USDD wants to become the market leader in...
FatManTerra launches non-profit LUNA validator for UST compensation
? Want to work with us? CryptoSlate is hiring for a handful of positions! FatManTerra, the source of many leaks surrounding the Terraform Labs, has announced that he has launched his own validator for...
Terra’s Do Kwon says there “are lots of misinformation” as reports emerge that SEC is investigating UST
? Want to work with us? CryptoSlate is hiring for a handful of positions! In a recently released statement, the Founder and Chief Executive Officer of Terraform Labs, Do Kwon, said that the level of m...
How the Stablecoin Segment Transforms Following the UST Collapse – crypto.news
While Terra’s market failure and the collapse of its stablecoin UST negatively affected investors’ confidence in stablecoins, some projects had appeared to be more sustainable in effectively meeting s...
Activity on Anchor Protocol to Come to a Halt After UST Meltdown – Coinpedia – Fintech & Cryptocurreny News Media
Anchor Protocol, Terra’s largest DeFi platform, has recommended blocking Anchor Earn and borrowing services to protect it from attackers. Its community has finally cast their votes to determine its fa...
The Real Reason Behind Terra’s UST Stablecoin Disaster
Paolo Ardoino, Tether (USDTchief )’s technical officer (CTO), has identified the Terra (LUNA) ecosystem as the primary cause of the coin’s fall. Ardoino pointed at the Terra developers’ decision to cr...
Terra’s Largest Defi Platform Plans To Wind Down After UST Crash
Terra’s largest DeFi platform, Anchor Protocol, has recently proposed freezing Anchor Earn and borrowing functions to protect it from attacks. Its community has finally voted in to decide its fate. An...
Is USDD headed for the same systemic problems that brought UST down
The world has barely recovered from the UST stablecoin crash and yet another similar threat is already on the horizon. This time in the form of the USDD stablecoin that was launched in May by the Tron...
Terra’s Do Kwon Few Months Ago: If You Keep Using Centralized Stablecoins They’ll Eventually Rug You, Use UST
– Advertisement – The new video clip shows Terra’s Do Kwon saying Stablecoins execute rug pulls months before the UST crash. The Terra community has been hounding Terra founder Do Kwon t...
TRON’s USDD Stablecoin Collateral Building Up to Prevent Repeat of Terra’s UST Stablecoin
In a bid to improve transparency surrounding its new algorithmic stablecoin, Tron has revealed details of its new coin’s collateralization strategy. To avoid the situation with TerraUSD that saw $60B ...
Report Shows Terra Whales Dumped UST as Soon as It Started Crashing
Jump Crypto has released a report on the crash of TerraUSD (UST), revealing that while whales were exiting their positions in the algorithmic stablecoin, retail investors kept buying. Jump Crypto, the...
Japan passes a stablecoin bill focusing on investor protection following UST debacle
? Want to work with us? CryptoSlate is hiring for a handful of positions! Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rei...
Was Terra UST fiasco premeditated? Here’s how large investors were able to escape unhurt
Latest report says large investors were able to get out earlier than the small investors during the Terra collapse. The report was published by Jump Crypto, a crypto market-making unit of Jump Trading...
Data Analyst Dan Ashmore At Invezz Talks To Us About The UST Collapse…Was It A Inside Job?
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