Do Kwon's Terra crash is still causing ripples as he faces criminal charges in the USA. The collapse of Terra's ecosystem, including TerraUSD and Luna, impacted over a million individuals globally. Legal battles continue as Do Kwon's extradition from Montenegro unfolds. The crypto space is closely watching.
Bitget is back with LUNA-Terra deposit and withdrawal services, making transactions smoother for users.
Do Kwon, Terraform Labs co-founder, faces legal troubles as over 1 million victims are estimated to be affected by the Terra collapse, according to U.S. prosecutors.
Terraform Labs' Do Kwon faces an extradition and high-stakes trial over the Terra ecosystem collapse, affecting over a million investors. Prosecutors claim widespread fraud, causing a ripple effect in the crypto market. This dramatic tale continues to grip the industry.
The crypto landscape is bustling this week! THORChain's Base L2 plans, USUAL's fee switch, ZKSync's huge token distribution, Jupiter's airdrop on Solana, and the second hearing for Do Kwon's case are set to stir the market.
Do Kwon, founder of Terraform Labs, has been indicted in the US, facing charges that could land him up to 130 years in prison. The collapse of Terra's ecosystem has shaken the crypto world.
Do Kwon’s trial is set for Jan 8, 2025, facing intense charges for the Terra-Luna collapse. U.S. prosecutors hit him with eight criminal charges like fraud and market manipulation. Stakes are high with a potential 130-year sentence looming over him from the Southern District of New York. Stay tuned!
Do Kwon, former Terra CEO, pleads not guilty in $40 billion crypto fraud trial. He faces charges of fraud and conspiracy related to the TerraUSD and Luna collapse. Currently in custody, he's banned from crypto transactions after an $80M SEC settlement. More hearings await in January.
Do Kwon, Terraform Labs co-founder, pleads not guilty after being extradited from Montenegro over Terra's collapse.
Do Kwon, Terraform Labs co-founder, is extradited to the US by Montenegro on New Year's Eve. This ends the US and South Korea's legal tug-of-war.
Solana's journey from a crisis in 2022 to hitting record highs showcases its incredible recovery and growth. Despite setbacks like the Terra and FTX collapses, SOL bounced back from low prices in early 2023, proving its resilience.
Do Kwon, famous in the crypto world, has left Montenegro amid controversy. He's a big name due to his role with Terra (LUNA).
Montenegro's minister signs for extradition of Terra's Do Kwon to the US, ending long legal battles.
Do Kwon is being extradited to the US to face fraud charges, ending South Korea-US legal tussle.
Do Kwon's future is now clear as the verdict is out for the Terra (LUNA) founder. Find out what this means next.
Do Kwon is set to be extradited to the U.S. after causing chaos in crypto with Terra's 2022 collapse.
Montenegro court denies Do Kwon's bid to overturn a decision allowing the Justice Minister control over his extradition.
Do Kwon, the founder of Terra (LUNA), faces a new development in his ongoing saga. Details are emerging about what lies ahead for him and the now-defunct cryptocurrency platform.
The SEC charges Jump Crypto’s subsidiary for misleading investors on Terra's stablecoin. They agreed to pay $123M.
The SEC is accusing Tai Mo Shan Limited of misleading investors about Terra USD stability. They allegedly sold unregistered securities, causing concern in the crypto world.
Singapore is leading Asia's crypto boom as Bitcoin surges past $100,000. The country remains a crypto hub despite setbacks, with Coinbase and Ripple operating there and 40% of Singaporeans holding crypto.
Korean indie film 'Crypto Man' by director Harry Hyun is inspired by disgraced Terra founder Do Kwon, exploring addiction to stocks and coin speculation.
Terra's LUNA coin surges 18%, prompting analysts to foresee further rally due to strong buying momentum and favorable technical indicators.
LUNA surged by 30.58% in 24 hours, breaking a descending channel with a price at $0.789. It approaches resistance at $0.895, aiming for $1.50. Despite the RSI at 80.15 indicating overbought conditions, momentum remains strong. Social dominance rose from 0.100 to 0.163, marking increased market interest.
Terra Classic (LUNC) sees a 30% rise amid positive updates on TFL bankruptcy. Traders are advised not to miss out on potential gains, as revival plans inspire confidence. The rise follows the Terra collapse, which contributed to the 2022 bear market.
Explore top cryptocurrencies to invest in this month, including Qubetics with its groundbreaking ROI potential, Hedera's blockchain solutions, and Terra's algorithmic stablecoins.
Terra (LUNA) and Terra Classic (LUNC) are being considered for investment during the upcoming bull run. With major cryptocurrencies like Bitcoin and Ethereum showing strong performances, investors are eyeing more sluggish tokens like XRP and Cardano, anticipating potential gains in the near future, suggesting optimism for LUNA and LUNC as well.
Stablecoins have grown significantly, with a 319% increase since 2021, despite past setbacks. Tether's market cap reaches $132 billion, and stablecoins now comprise 5.7%-6.02% of the $3.33 trillion crypto economy.
The SEC's 2024 enforcement totaled $8.2 billion, largely driven by a $4.5 billion penalty against Terraform Labs. Despite fewer actions, penalties reached record levels. Critics argue hefty fines may not prevent market misconduct.
Binance clarified that its upcoming BFUSD asset is not a stablecoin despite concerns about promises of high yields, causing Terra-related anxieties.
