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3232South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
https://www.digit.info/south-korean-prosecutors-uncover-alleged-314-million-criminal-proceeds-tied-to-terraform-labs-co-founders/
Fri, 07 Apr 2023 15:34:59 +0000https://www.digit.info/2023/04/07/south-korean-prosecutors-uncover-alleged-314-million-criminal-proceeds-tied-to-terraform-labs-co-founders/Read more]]>According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange. Report Says Do Kwon Allegedly Sold a ‘Large Part’ of His Assets […]
]]>While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations
https://www.digit.info/while-the-new-luna-records-gains-do-kwons-terraform-labs-is-plagued-by-controversy-and-accusations/
Mon, 30 May 2022 18:00:53 +0000https://www.digit.info/2022/05/30/while-the-new-luna-records-gains-do-kwons-terraform-labs-is-plagued-by-controversy-and-accusations/Read more]]>It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid the token’s 24-hour rise, controversy continues to plague […]