Terra’s Do Kwon Reportedly Enlists New Lawyers In South Korea In Anticipation Of Legal Battle

Do Kwon, the disgraced founder of the once multi-billion dollar Terra ecosystem, has hired new lawyers in South Korea to prepare for a legal brawl in light of an investigation by the Seoul Southern District Prosecutors Office.

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Terra’s Do Kwon Hires Legal Team in South Korea: Report

Kwon and Terraform Labs are facing multiple lawsuits following Terras collapse in May. Terra’s Do Kwon Reportedly Enlists New Lawyers Do Kwon has hired a new team of lawyers in...

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Terra, Celsius hit with class action lawsuits in the US

A new class action lawsuit against TerraForm Labs and its CEO, Do Kwon, was filed by Bragar Eagel & Squire, P.C. The post Terra, Celsius hit with class action lawsuits in the US appeared first on CryptoSlate.

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Ignite CEO Peng Zhong Announces Departure Shortly After Re-Organization

Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.”

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Ignite CEO Peng Zhong Announces Departure Shortly After Re-Org

Zhong’s exit comes weeks after the company’s former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off “New Tendermint.”

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Anonymous threatens Terra's Do Kwon with 'justice' in new video

On the back of LUNA and UST's collapse in May, hacktivist collective Anonymous has vowed to "make sure" Terra Co-founder Do Kwon is "brought to justice as soon as feasible." On Sunday, a video alleThe post Anonymous threatens Terra's Do Kwon with 'justice' in new video appeared first on AMBCrypto.

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Do Kwon Accused of Manipulating Votes in Terra Community

Do Kwon continues to shake up the crypto sphere. As investigations into the Terra blockchain continue, a new scandal is tarnishing the reputation of the entrepreneur. The post Do Kwon Accused of Manipulating Votes in Terra Community appeared first on BeInCrypto.

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New Allegations Surface Against Do Kwon, Did He Cash Out $2.7 Billion From Terra?

FatManTerra has alleged that Do Kwon cashed out $2. 7 billion from Terra within months, using Degenbox to drain liquidity from the ecosystem. The post New Allegations Surface Against Do Kwon, Did He Cash Out $2.

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Do Kwon Turns Twitter Account To Private After LUNA Slumps

In less than a month after the deployment of the new blockchain, LUNA 2. 0, the token’s price has declined by over 77%. Early this year, the Terra blockchain was hailed to be the future of cryptocurrencies, as it seemed to promise several developmental advances.

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LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private

Two weeks after Terra’s ecosystem restarted through LUNA 2 airdrop, the coin has seen its value plummet to new lows after its price dropped by 77%. The post LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private appeared first on CryptoSlate.

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Основатель Terra До Квон скорее всего работает над очередным стейблкоином

Форк-версия оригинального блокчейна Terra может получить очередной стейблкоин. Об этом у себя в Твиттере сообщил инсайдер проекта под ником FatMan. A verified insider close to TFL has confirmed that Do Kwon is currently working on design plans for a new decentralized stablecoin that will be built atop Terra 2.

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Terra’s New Blockchain To Go Live This Saturday As Community Votes To Burn Over 1 Billion UST Tokens

Do Kwon’s plan to revive the beleaguered Terra ecosystem appear to be coming to fruition.

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Terra to Relaunch: Do Kwon’s Proposal Passes By 65% (LUNA Airdrop)

A proposal to relaunch the Terra blockchain has passed with a wide margin of 65.5% votes in favor. The new blockchain is called LUNA 2.0 and will come into existence… The post Terra to Relaunch: Do Kwon’s Proposal Passes By 65% (LUNA Airdrop) appeared first on CoinCentral.

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Terra Luna 2.0 Proposal Passed, Do Kwon Disputes Rumors

The Terra Luna 2. 0 Revival Plan has officially passed with over 65% voting in favor of the vote, 20. 98% voting to abstain, 0. 33% voting no, and 13. 20% voting no with veto. This means a new Terra chain will be created, and Luna will be airdropped across LUNA Classic stakers, holders, residual UST holders, and essential […] The post Terra Luna 2.

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Do Kwon’s Luna revival plan passes with just 65% of votes

The proposal to create a new genesis chain for Terra LUNA has passed with just 65% of voters voting “yes,” 20% “abstain,” and 13% “no with a veto. ” Therefore, on May 27, a new LUNA-only blockchain will be launched at block 0, and the current LUNA token will be renamed Luna Classic.

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Did Do Kwon Know The LUNA and UST Crash Was Coming? — Legal Documents Reveal New Findings

Legal Documents Indicate Do Kwon Dissolved Terraform Labs Just Days Before Crash Of UST And LUNA.

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Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more

Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter.

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Terra Luna Revival Plan 2 – Renaming the Network to Terra Classic and LUNA Classic

After an uncertain last week and with LUNA’s price dropping below 1 cent, Do Kwon, the founder of Terra Luna, announced a new revival plan on Twitter. A new governance proposal #1623 suggests renaming the existing network to Terra Classic, renaming LUNA to LUNA Classic, and birthing a new blockchain.

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Terra at the Crossroads: Major Validators Support Fork but Community Is Resistant

Several Terra validators have signaled their support of Do Kwon’s plan to launch a new blockchain that would eschew the UST stablecoin. Much of the community, however, has expressed hesitation....

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Terra ecosystem to vote on a fork to create Luna Classic and Luna Core

Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2. ” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack.

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Do Kwon outlines fork proposal as he seeks to save Terra

The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC),…

The post Do Kwon outlines fork proposal as he seeks to save Terra appeared first on Coin Journal.

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Do Kwon Proposes New Plan to Revive Terra

Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project

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Terra (LUNA) Founder Breaks Silence, Proposes New Revival Plan for Ecosystem

Terra co-founder and CEO of Terra Labs, Do Kwon, has finally spoken on the crash of its network. He has submitted a proposal on how the embattled Terra ecosystem can be salvaged from its current ruins.

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Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers

Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack. The post Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers appeared first on CryptoSlate.

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Breaking: Do Kwon proposes Terra revival, including token redistribution plan

After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders.

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Terra Community Must Revive Network, Do Kwon Urges

Kwon has suggested resetting token ownership with a new allocation of 1 billion tokens. Do Kwon Suggests Reviving Terra Do Kwon has put forward a plan to revive Terra. The...

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Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project

According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is...

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin.

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Terra's Do Kwon Announces Revolutionary Liquidity Pool Launch with UST, USDT, USDC and FRAX

New instrument for liquidity providers will unlock previously unseen opportunities

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$12 Billion: Terra's Anchor Protocol Smashes Through Another Milestone

Terraform Labs' Do Kwon is fascinated by new accomplishment of a flagship protocol of his ecosystem

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‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves

Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”

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How To Prevent Breaches Like Bancor

Although it appears that exchange hacks are becoming the new normal within the crypto industry, this could have been prevented if the smart contracts were properly tested for vulnerabilities. Yo Kwon, CEO and Founder of Hosho, the world’s leading blockchain security firm, has provided commentary on the breach and the importance of smart contract auditing […]

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