Tag: terra

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Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’

South Korean prosecutors have labeled the Terraform Labs CEO Do Kwon a “fugitive” – and have claimed that he fled South Korea in April – several days before the crash of Terra ecosystem coins like TerraUSD (UST)…. Read More: Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’  Read more…
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South Korean authorities ask Interpol to issue ‘Red Notice’ for Do Kwon: Report

According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270. South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a “Red Notice” — suggesting global law enforcement agencies may attempt to find and detain him. According to…
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Terra co-founder Do Kwon says he’s not ‘on the run’

Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday. Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore Police Force (SPF) said Kwon wasn’t…
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Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower

Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from ​​$171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion since mid-July. For More Than 2 Months Stablecoin Market Caps Stagnate Seeing Little…
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Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law

Do Kwon, founder of now-defunct blockchain firm Terraform Labs, has broken silence about the recent warrant authorizing his arrest, claiming that he is not on the run from the law…. Read More: Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law  Read more »Sign up for e-EUR – the…
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Biggest Movers: LUNC up 20% on Saturday, XRP Moves Towards 1-Week High

Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term resistance level. Terra Classic (LUNC) Terra…
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Amazon and 4 Others to Work on Digital Euro Prototype, White House’s ‘Comprehensive Crypto Framework’, Hong Kong’s Scam Warning + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Amazon and 4 Others to Work on Digital Euro Prototype, White House’s ‘Comprehensive Crypto Framework’, Hong Kong’s Scam Warning + More News  Read more »Sign up for e-EUR – the progressive…
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South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report

According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued a warrant for Kwon’s arrest. Local Report Says South Korean Officials Are Targeting Do…
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South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation

South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport. Munhwa Ilbo reported that the Seoul Southern District Prosecutors’ Office has asked the Ministry of Foreign Affairs to invalidate the passports of…
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Terra Luna Classic Crypto Price Prediction – Time to Buy LUNC?

The sentiment for Terra Luna Classic (LUNC) crypto remains bearish this week as the price nosedives down to $0.000255.  Over the last 24-hours Terra Luna Classic has been one of the worst performers dropping by over 31% in price.  However, there is still light at the end of the tunnel as LUNC is trading within…
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