Do Kwon says SEC’s extradition request is impossible
The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States.
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Terra Luna Classic contemplates deposit hike to curb spam proposals
This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community.
Terra money website frozen to prevent more phishing scams
The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.
Prosecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities.
Terra Classic Isn’t a Security, Says South Korean Court
Terras native cryptocurrency, LUNC, was deemed not a security by the Seoul Southern District Court in a court case involving former Terraform Labs co-CEO Hyun-seong Shin. Not Regulated by the...
Terraform Labs co-founder and nine others indicted in South Korea
The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in…
Do Kwon lawyers received $7 million before Terra collapse: Report
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case.
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