Crypto News in 60 Seconds
October 27, 2022
Do Kwon dissolved Terraform Labs Korea just days before the LUNA accident. A stunning locating of felony files may shed mild at the reason for the famed LUNA and UST pricing drops. The dramatic tale of the Terra (LUNA) crash — dubbed the “Lehman Brothers of crypto” with the aid of using some — has […]
October 8, 2022
The foundation cites “ongoing and threatened lawsuits” because it has been unable to distribute its remaining assets to users of the land deposits (starting with smaller scammers). The Luna Foundation Guard, or LFG, a foundation focused on the Terra ecosystem, said it could not provide a timetable for the distribution of assets to users after […]
June 21, 2022
Prosecutors in South Korea have prohibited Terra personnel from leaving the country. According to a report by local media JTBC on June 20, South Korean prosecutors have banned top Terraform Labs employees from leaving the country.JTBC reported that a travel ban is in place to prevent Terra employees from leaving the country to avoid […]
June 12, 2022
Do Kwon disputes new charges that he used Degenbox to withdraw $2.7 billion from the Terra environment. Do Kwon was reportedly accused of taking $80 million a month out of the Terra ecosystem prior to the crash; new allegations claim this occurred more than 33 times and that Abracadabra Money took an incredible $2.7 […]
May 30, 2022
Hours after its launch, LUNA 2.0 sees a significant price drop. After the LUNA 2.0 cryptocurrency experienced a significant market decline hours after its introduction, Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA) went on a rough road to recovery. TerraForm Labs successfully issued fresh LUNA coins to LUNA Classic (LUNAC) […]
