South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea.
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Apollo DAO to close vaults on Terra Classic
The protocol's TVL has plunged from around $200 million in September 2021 to less than $125K.
LUNA Dumps 20% as Korean Court Issues Arrest Warrant Against Do Kwon (Report)
Just a day after reports emerged that the South Korean authorities had started yet another investigation against Terraform Labs, Bloomberg said a local court had issued an arrest warrant against…
South Korean Prosecutors Launch New Investigation Into Terraform Labs: Report
While the Terra/UST $60 billion fiasco appears to be gradually dying down, South Korean prosecutors have revealed plans to launch a fresh investigation into the firm and its executives. According…
The Reasons Terra Classic (LUNC) is up 200% in Two Weeks
The past couple of weeks has been particularly turbulent within the cryptocurrency industry, filled with tremendous volatility across the board. And the established market leaders in the face of Bitcoin…
LUNA Explodes 150% in an Hour as Volatility Ramps Up
LUNA – the cryptocurrency behind the Terra ecosystem – is going through major volatility at the time of this writing. In the past hour alone, LUNA’s price skyrocketed by a…
Terra Luna Classic (LUNC) Soars 100% Weekly as KuCoin, Gate Io Extend Tax Burn Support
Despite the dramatic sell-off of Terra ecosystem tokens, LUNC has managed to rally along with the crypto market favoring the upside. While the plan continues to revive the chain and…
Do Kwon Admits to Insider Role in the Collapse of Terra Network
The fall of the fourth largest cryptocurrency began with an unannounced transfer of funds between trading pools on the night of May 7. It left the Curve pool with an…
Hashed Plans to Raise More Funds After Losing $3.6B in Terra Fiasco
South Korean blockchain venture capital firm Hashed has revealed that it plans to raise more funds to support GameFi projects after losing more than $3.5 billion to the Terra LUNA…
CoinShares Announces a Loss of Over $21 Million Due to Terra Collapse
Coinshares – the largest digital asset investment group in Europe – has published its quarterly financial report. In it, the company laid out its performance during the past 3 months…
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