2023-4-17 16:08 |
Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before the collapse of the TerraUSD algorithmic stablecoin and Luna token. While… origin »
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Coinspeaker South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse.
2023-4-17 14:03 | |
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Jump Trading is the masked "U.S. trading firm" that the United States Securities and Exchange Commission (SEC) accused of helping sustain the TerraUSD stablecoin, UST, from de-pegging in 2021
2023-2-18 12:39 | |
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Jump Crypto is reportedly the unidentified US trading firm” the SEC says helped re-peg TerraUSD in 2021. Terraform Labs and its CEO Do Kwon misrepresented the human effort as a software algorithm.
2023-2-18 22:21 | |
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The firm's book-making took a huge hit after being exposed to the TerraUSD collapse.
2022-8-3 22:00 | |
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Blockchain analytics firm Nansen says that multiple parties were involved in the sell-off that led to a “death spiral” for TerraUSD. The post Celsius Network Partly Responsible for Terra Meltdown, Says Nansen appeared first on BeInCrypto.
2022-5-29 15:18 | |
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Industry-leading on-chain analytics firm Nansen attempts to provide detailed explanation of what has happened to UST prior to its historic collapse
2022-5-28 18:53 | |
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Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST). The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK.
2022-5-8 00:11 | |
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Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.
2022-4-5 12:25 | |
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From Gemini’s IPO and Do Kwon’s guilty plea, to OKX erasing $26 billion worth of tokens, the crypto industry is seeing both bold moves and sobering reminders of risk.
Terraform Labs co-founder Do Kwon admitted guilt on fraud and conspiracy charges related to the 2022 TerraUSD collapse that cost investors $45 billion. The post Former Terraform Labs Boss Do Kwon Pleads Guilty to Conspiracy, Fraud Over $44B Crash appeared first on Coinspeaker.
Black swan events are part of the crypto terrain, and planning for them as inevitabilities is what’s going to set serious players apart.
Anthony Scaramucci, founder of SkyBridge Capital, says New York’s Martin Act, an anti-fraud statute enacted in 1921, should be repealed. The SkyBridge Capital founder’s call for the abolishing of the law comes in the wake of the New York Attorney…
Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200…
Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
