2023-10-31 22:24 |
Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it.
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Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement.
2023-10-31 22:19 | |
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Daniel Shin, co-founder of TerraformLabs, appeared in court on Oct. 30 and denied all charges against him in connection with the 2022 collapse of the Terra Ecosystem. He instead laid blame on his associate Do Kwon’s “unreasonable” management practices of Anchor Protocol.
2023-10-31 21:20 | |
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Terraform Labs co-founder Shin Hyun-seung and seven other associates are set to face trial on May 26 over fraud charges related to the collapse of the Terra-Luna stablecoin and crypto project in May 2022.
2023-5-11 13:54 | |
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The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.
2023-4-25 12:35 | |
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Authorities have previously alleged that Shin earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse.
2023-3-28 10:31 | |
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Daniel Shin, CEO of Chai Corporation, joins list of investigators related to collapse of Terraform Labs, find out how this story unfolds
2022-11-17 13:00 | |
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South Korean authorities are continuing their investigation into fraud allegations at the center of the Terra collapse.
2022-7-22 09:03 | |
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South Korean prosecutors investigating Terraform Labs and its co-founders Daniel Shin and Do Kwon over Terra’s collapse have reportedly imposed a departure ban on current and former employees. Prosecutors Impose...
2022-6-20 18:33 | |
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The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.
The Aave community is set to vote on a new proposal to remove stablecoins like USDP and GUSD from Aave V2. The Aave community is gearing up to vote on a proposal by ChaosLabs, which suggests deprecating multiple small-cap stablecoins,…
Bitwise CIO Matt Hougan said that the U.S. adopting comprehensive stablecoin legislature could signal the long-awaited “mainstreaming of crypto.”
Stablecoins, including USDT, DAI, and USDC, have processed transactions exceeding $1.3 trillion, outstripping Visa's 2023 monthly average. The post Stablecoin trading volume outpaces Visa’s 2023 monthly average appeared first on Crypto Briefing.
BRICS members explore stablecoin payments and a platform to conduct CBDC payments, aiming to enhance financial cooperation, a Russian official says. Stablecoins might become a tool for international settlements among BRICS members, as the alliance has already set up a…
Coin Center says the recently proposed stablecoin bill from Senators Cynthia Lummis and Kirsten Gillibrand may be “unconstitutional” due to its ban on algorithmic payment stablecoins. Coin Center, a non-profit advocating crypto organization, said in a recent blog statement that…