TerraUSD

jury-begins-deliberations-in-civil-fraud-case-against-do-kwon,-terraform-labs
Posted by | April 5, 2024
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

A New York jury has begun deliberations in the SEC’s civil fraud case against Terraform Labs and its co-founder Do Kwon The SEC has accused the defendants of misleading investors...

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Posted by | January 22, 2024
BREAKING – Terraform Labs Caves In: Crypto Stablecoin Giant Files For Bankruptcy In US

In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with Chapter 11 bankruptcy in the United States. The turmoil began...

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Posted by | November 29, 2023
LUNC Soars Over 70% – Temporary Spike Or Sustainable Climb Ahead?

Terra has stirred considerable attention of late, experiencing an impressive surge in prices that has left market observers intrigued. The catalyst behind this upward trajectory can be largely attributed to...

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embattled-terra-(luna)-founder-do-kwon-placed-under-house-arrest-in-montenegro-after-posting-$435,000-bail
Posted by | May 12, 2023
Embattled Terra (LUNA) Founder Do Kwon Placed Under House Arrest in Montenegro After Posting $435,000 Bail

Troubled Terra (LUNA) founder Do Kwon is being placed under house arrest in Montenegro after posting bail. According to a new document released by Montenegrin authorities, Do Kwon and Han...

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prosecutors-seek-to-extradite-embattled-terra-founder-do-kwon-to-south-korea:-report
Posted by | May 5, 2023
Prosecutors Seek To Extradite Embattled Terra Founder Do Kwon to South Korea: Report

South Korean authorities are looking to extradite embattled Terra (LUNA) founder Do Kwon months after he was found in the Eastern European nation of Montenegro. According to a new report...

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thousands-of-retail-investors-organize-manhunt-for-terraform-labs-founder-do-kwon:-report
Posted by | October 19, 2022
Thousands of Retail Investors Organize Manhunt for Terraform Labs Founder Do Kwon: Report

A large group of retail investors are reportedly organizing a manhunt to locate the whereabouts of Do Kwon, the founder of stablecoin issuer Terra (LUNA). According to a new report...

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do-kwon-hires-law-firm-in-south-korea-anticipating-legal-battle:-report
Posted by | August 17, 2022
Do Kwon Hires Law Firm in South Korea Anticipating Legal Battle: Report

The former CEO of Terraform Labs is reportedly hiring a lawyer in preparation for a possible legal battle over the high-profile multibillion-dollar collapse of the Terra ecosystem in May. According...

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double-bubble?-terra’s-defunct-‘unstablecoin’-suddenly-climbs-800%-in-one-week
Posted by | June 29, 2022
Double bubble? Terra’s defunct ‘unstablecoin’ suddenly climbs 800% in one week

Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin TerraClassicUSD (USTC), earlier called TerraUSD (UST), has been...

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luna2-traders-are-increasingly-short-despite-67.5%-rally,-$4-million-liquidated
Posted by | June 9, 2022
LUNA2 traders are increasingly short despite 67.5% rally, $4 million liquidated

Terra (LUNA2) reversed a portion of the losses this June 9 as its price per token rose by as much as 67.5% on the day, catching many traders off-guard with...

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cftc-commissioner-issues-warning,-says-crypto-investors-should-view-new-tokens-as-lottery-tickets
Posted by | June 1, 2022
CFTC Commissioner Issues Warning, Says Crypto Investors Should View New Tokens As Lottery Tickets

A commissioner at the Commodity Futures Trading Commission (CTFC) is weighing in on the risks associated with buying cryptocurrencies after Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST) collapsed last...

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