Terra co-founder Do Kwon says he’s not ‘on the run’
Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday. Go to Source Powered by WPeMatico
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South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued a warrant for Kwon’s arrest. Local Report Says South Korean Officials Are Targeting Do … Read more
South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea. Go to Source Powered by WPeMatico
Apollo DAO to close vaults on Terra Classic
The protocol’s TVL has plunged from around $200 million in September 2021 to less than $125K. Go to Source Powered by WPeMatico
Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol red notice for the Terraform Labs chief executive officer. … Read more
South Korea issues arrest warrant for Terra Founder Do Kwon
A court located in Seoul, South Korea issued a warrant for the arrest of Kwon and five other people who are currently in Singapore. Go to Source Powered by WPeMatico
‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours
Crypto Twitter user FatManTerra explained the fake investment scheme was used to teach people a lesson about investing blindly in crypto schemes shilled by influencers. Go to Source Powered by WPeMatico
Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours
During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the … Read more
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May 28. Moreover, the whistleblower Fatman has revealed that … Read more
Report: South Korean Prosecutors Raid Home of Terraform Labs Co-Founder
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data. Seven Cryptocurrency Exchanges Targeted South Korean prosecutors investigating the spectacular collapse of Terra’s LUNA cryptocurrency reportedly raided the home of … Read more
