Cryptocoins News / The Cointelegraph - 2 years ago
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated. A federal judge o...
Cryptocoins News / The Cointelegraph - 2 years ago
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform. A j...
Cryptocoins News / CoinJournal - 2 years ago
Terra Classic price has hit a daily high of $0.0001919 and it still has a bullish stance. At press time, LUNC was trading at $0.0001819; up 11.75% in the past 24 hours.
KEY TAKEAWAYS
The Terra Classic community aims to burn large amounts of LUNC tok...
Bitcoin News / Bitcoin.com - 2 years ago
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit,...
Bitcoin News / Google News Bitcoin - 2 years ago
Terra Luna 2.0? Binance CEO Reveals Huge $2 Billion Fund After FTX Meltdown Crashed The Bitcoin And Crypto Price& & Forbes
Bitcoin News / Bitcoinist - 2 years ago
South Korean politician of the People Power Party, Yoon Chang-hyun, proposed amendments to the digital asset safe transaction bill as he believes the existing bill does not guarantee user protection given the recent FTX collapse. Yoon Change-hyun pro...
Bitcoin News / Bitcoin.com - 2 years ago
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at...
Cryptocoins News / The Cointelegraph - 2 years ago
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors. While...
Cryptocoins News / Blockchain - 2 years ago
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin's asset worth over $104 million was approved by the Seoul Southern Distric...
Bitcoin News / Bitcoin.com - 2 years ago
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect...
Bitcoin News / Bitcoinist - 2 years ago
In his first court filing, new FTX CEO and bankruptcy trustee John Ray III revealed yesterday an even greater extent of the fraud and chaos behind the collapse.
“Never in my career have I seen such a complete failure of corporate controls and s...
Bitcoin News / Bitcoin.com - 2 years ago
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held....
Bitcoin News / Bitcoin.com - 2 years ago
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators.
Terrafor...
Cryptocoins News / The Cointelegraph - 2 years ago
The audit tracked efforts to defend the UST peg from May 8 to12 and found no wrongdoing. LFG used the data to draw conclusions about frozen funds. The Luna Foundation...
Cryptocoins News / The Cointelegraph - 2 years ago
Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Authorities in South K...
Cryptocoins Exchanges / CEX.IO - 2 years ago
This weekly piece of cryptocurrency price analysis and thought leadership is brought to you by the expert team at CEX.IO, your crypto guide since 2013. At CEX.IO, we’re committed to providing the latest price updates and thoughtful breakdowns to hel...
by COINS NEWS - 2 years ago
Google translation (source https://youtu.be/1LcFX9hjU2Y) Kwon Do-hyung, who created the cryptocurrency Terra Luna, reported that there was a situation where he directly ordered the price manipulation, citing the prosecution's investigation yester...
Bitcoin News / Google News Bitcoin - 2 years ago
The Next Terra Luna? ‘Bank Run’ Fears Emerge As Billionaire Exchange Owners Go To War In $2 Trillion Bitcoin, Ethereum And Crypto Price Crash Aftermath& & Forbes