Do Kwon, co-founder of Terraform Labs, pleads not guilty to multiple fraud charges in his first US court appearance after extradition. He faces accusations of securities fraud, wire fraud, money laundering, and commodities fraud. The case unfolds in Manhattan, marking a significant legal battle in the crypto world.
Montenegro will extradite Terra Luna founder Do Kwon to the US, denying South Korea's request.
Terra Luna founder Do Kwon faces extradition to the US. This notorious figure in the crypto world is set to encounter American justice, marking a significant development in his controversial journey.
Montenegro’s court has rejected Do Kwon’s appeal against extradition to face fraud charges relating to Terra Luna’s collapse, which wiped out $40 billion.
Binance increases leverage ratio for Terra (LUNA) trades by four times to support the community during bankruptcy proceedings.
Binance has increased leverage ratios for Terra Luna transactions, leading to significant price rises in LUNA, LUNC, and USTC.
The stablecoin sector hit an all-time high with a market size of $190 billion in November, surpassing pre-Terra-Luna collapse levels.
Avalanche has repurchased $53 million worth of AVAX tokens from Terra’s Luna Foundation Guard, which were initially bought for $100 million before the Terra Luna collapse.
Crypto fundraising surged by 264% in October 2024, reaching a 28-month peak of $2.45 billion led by Animoca Brands.
Terra Luna Classic's price has surged after a significant token burn, reducing supply by 320 million LUNC. This reduction is seen by traders as positive for future price appreciation, leading to an expected upward trend.
Do Kwon’s extradition process raises concerns about Terra Luna’s future and its impact on LUNA investors.
Montenegro is set to decide on Terra Luna co-founder Do Kwon's extradition by October 19. Both the US and South Korea are seeking his extradition over cryptocurrency fraud charges, as confirmed by Montenegrin Justice Minister Bojan Bozovic.
Qubetics raised over $1 million in its presale as interest in new blockchain technology grows. Meanwhile, Terra Luna's token burn and ONDO's trading activity are gaining attention.
Justin Bons refutes claims comparing Solana's economic model to Terra Luna, arguing that Solana is sustainable.
Justin Bons defends Solana's economic design against critics comparing it to Terra Luna, highlighting Solana's inflation and burn mechanisms.
Cyber Capital CIO Justin Bons defends Solana against comparisons to the failed Terra Luna project, dismissing criticisms as exaggerated and baseless.
Bybit, a leading cryptocurrency exchange, confirms support for Terra LUNA v2.12.4 network update.
Celsius has distributed $2.5 billion to creditors as part of its bankruptcy restructuring, yet users are concerned about distribution complexities and delays.
Terra Classic (LUNC) and Terra Luna (LUNA) experience significant rebounds, with LUNC achieving a 58.68% increase in days and LUNA surging over 12% from an intraday low of $0.3252 to a high of $0.3643.
Do Kwon’s legal challenges grow as he faces extradition issues after being arrested in Montenegro with false identification.
The Terra Luna Network faced a $4M theft due to a security breach. The breach exploited a third-party module. The network has since recovered and improved its security measures.
Terra Luna network swiftly blacklists a hacker's wallet following a $4 million exploit, resulting in significant financial losses.
The Terra Luna Network has blacklisted the wallet responsible for a recent $4 million hack, which exploited third-party vulnerabilities. The platform has promised full transparency and updated the community on the incident's developments.
Terra Luna Blockchain was temporarily halted due to a suspected security breach on July 31. The announcement came from Terra's account on X (formerly Twitter).
Terra Luna investors can now claim their share of a $4.47 billion settlement after the SEC released a guide following the 2022 collapse.
South Korea has implemented its first cryptocurrency regulatory framework, the Virtual Asset User Protection Act, on July 18, 2024, aiming to create a secure trading environment for digital asset investors after major financial setbacks in 2022.
The Terra Classic community rejected a proposal to create an independent website. Despite this, LUNC token surged by over 5%, likely due to positive developments in Terraform Labs' bankruptcy proceedings.
The bankruptcy court has approved crucial actions for Terraform Lab, including reopening the Shuttle Bridge for wrapped asset redemptions and planning to burn a large amount of LUNA tokens.
South Korea's Virtual Asset User Protection Act (VAUPA) aims to protect investors by requiring local crypto exchanges to keep 80% of user deposits with interest rates of 1%.
Do Kwon’s wife wins a court case to keep her property amid the Terra Luna probe.
Do Kwon's spouse wins a legal battle to reclaim frozen Seoul real estate amid the Terra-Luna investigation.
Crypto influencer Rasgard exposes alleged fraud by Do Kwon and Terraform Labs behind the Terra Luna collapse.
