Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash
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Terra’s Do Kwon Investigated for Running a Ponzi: Report
South Korean prosecutors are reportedly weighing whether they could charge Do Kwon for running a Ponzi scheme by promising unsustainably high fixed interest rates on UST deposits via Anchor Protocol....
Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more….
Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a…
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino.
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do…
Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.
BNB Chain offers another lifeline to Terra ecosystem projects
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol.
Top Terra Whales Break Silence on Network’s Collapse
Some of the largest investors in the Terra ecosystem, including Galaxy Digital, Delphi Digital, and Pantera Capital, have commented on Terras implosion that transpired last week. Top Terra Backers Reflect...
South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country.
Novogratz says LUNA tattoo is a constant reminder investing ‘requires humility’
“Not going away” — Mike Novogratz says that despite being permanently humbled by the recent Terra collapse, the crypto industry will continue to grow.
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