South Korean prosecutors accuse Do Kwon of manipulating Terra’s price
Prosecutors have reportedly secured a “messenger conversation” in which Kwon ordered an employee to manipulate Terra’s market price. Go to Source Powered by WPeMatico
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Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have … Read more
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a … Read more
Key witness called to testify at Terra parliamentary inquiry is a no-show
Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July. Go to Source Powered by WPeMatico
4,400 disgruntled investors are hunting for Terra’s Do Kwon
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. Go to Source Powered by WPeMatico
The SEC should be aiming at Do Kwon — But it’s getting distracted by Kim Kardashian
Do Kwon should be front-and-center for scrutiny from regulators. Instead, they’re getting distracted by grandstanding over Kim Kardashian. Go to Source Powered by WPeMatico
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been frozen,” he insisted. Prosecutors Say They’ve Frozen Do … Read more
Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review
Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki says the “end is here” for fake money. This and more just below in … Read more
WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed. Go to Source Powered by WPeMatico
South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon
South Korean prosecutors are seeking to freeze 3,313 bitcoins at two cryptocurrency exchanges allegedly tied to luna founder Do Kwon. The coins were moved soon after a South Korean court issued an arrest warrant for the Terraform Labs co-founder. Luna Foundation Guard has denied transferring the coins. Korean Authorities Ask Crypto Exchanges to Freeze Bitcoin … Read more
