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Terra co-founder Do Kwon is currently in Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets. Go to Source Powered by WPeMatico
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithm stablecoin in 2022. Go to Source Powered by WPeMatico
Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months. Go to Source Powered by WPeMatico
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin’s trial preparations in South Korea are reportedly underway. Go to Source Powered by WPeMatico
Blockchain data showed the wallet reportedly associated with LFG had a balance of roughly 6,983 BTC in October 2022, with transactions later moving funds to different addresses. Go to Source Powered by WPeMatico
The Luna Classic burn mechanism works by automatically burning tokens whenever a transaction occurs on the network. Go to Source Powered by WPeMatico
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.” Go to Source Powered by WPeMatico
The Terra Allies senior engineering full stack team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as LUNC holders. Go to Source Powered by WPeMatico
The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request. Go to Source Powered by WPeMatico
The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. Go to Source Powered by WPeMatico
