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3232Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
https://www.digit.info/do-kwon-terraform-labs-face-class-action-lawsuit-for-allegedly-selling-unregistered-securities/
Sat, 30 Jul 2022 16:00:00 +0000https://www.digit.info/2022/07/30/do-kwon-terraform-labs-face-class-action-lawsuit-for-allegedly-selling-unregistered-securities/Read more]]>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 […]
]]>Do Kwon Interview Explains He’s ‘Devastated’ by LUNA Collapse, Says ‘There’s a Difference Between Failing and Fraud’
https://www.digit.info/do-kwon-interview-explains-hes-devastated-by-luna-collapse-says-theres-a-difference-between-failing-and-fraud/
Thu, 23 Jun 2022 21:30:42 +0000https://www.digit.info/2022/06/23/do-kwon-interview-explains-hes-devastated-by-luna-collapse-says-theres-a-difference-between-failing-and-fraud/Read more]]>During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before the collapse, but lost a great portion […]
]]>Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
https://www.digit.info/class-action-lawsuit-accuses-terraform-labs-of-misleading-investors/
Sun, 19 Jun 2022 14:00:45 +0000https://www.digit.info/2022/06/19/class-action-lawsuit-accuses-terraform-labs-of-misleading-investors/Read more]]>Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP. […]
]]>Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
https://www.digit.info/do-kwon-accused-of-cashing-out-2-7b-before-ust-collapse-terra-founder-says-allegations-are-false/
Mon, 13 Jun 2022 05:30:51 +0000https://www.digit.info/2022/06/13/do-kwon-accused-of-cashing-out-2-7b-before-ust-collapse-terra-founder-says-allegations-are-false/Read more]]>Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however, has been keeping tabs on Fatman’s accusations […]
]]>LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
https://www.digit.info/luna-2-0-token-loses-56-since-last-week-whistleblower-accuses-terraform-labs-of-owning-shadow-wallets/
Mon, 06 Jun 2022 20:00:50 +0000https://www.digit.info/2022/06/06/luna-2-0-token-loses-56-since-last-week-whistleblower-accuses-terraform-labs-of-owning-shadow-wallets/Read more]]>After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1 blockchain. In addition to the defi projects […]
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 […]
During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before the collapse, but lost a great portion […]
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP. […]
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however, has been keeping tabs on Fatman’s accusations […]
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1 blockchain. In addition to the defi projects […]