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Terra

LUNA/UST investors on the hunt for Do Kwon, who’s ‘not on the run’
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21 October, 2022

LUNA/UST investors on the hunt for Do Kwon, who’s ‘not on the run’

Investors who got rekt after investing in LUNA/UST are now taking it upon themselves to pursue Kwon, who says charges...
Terra’s Yoo Mo released in South Korea after his arrest warrant is dismissed
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13 October, 2022

Terra’s Yoo Mo released in South Korea after his arrest warrant is dismissed

Yoo Mo was arrested last week on charges of violating the Capital Markets Act as a key member of the...
Terra’s co-founder wants to withdraw from testifying in financial audit following Terra-LUNA collapse
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6 October, 2022

Terra’s co-founder wants to withdraw from testifying in financial audit following Terra-LUNA collapse

In a letter to South Korea's National Assembly, Daniel Shin said that local law enforcement agencies are investigating him for...
South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links
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29 September, 2022

South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links

Authorities in South Korea ordered KuCoin and OKX to freeze over 3,300 BTC they claim is owned by the Luna...
Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice
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27 September, 2022

Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice

South Korea says that Interpol has acted on its request to add the Terra founder to its Red Notice list...
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
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24 September, 2022

New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized"...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
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21 September, 2022

South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens

South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...
South Korea aims to invalidate Terra founder Do Kwon’s passport: report
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20 September, 2022

South Korea aims to invalidate Terra founder Do Kwon’s passport: report

Prosecutors in South Korea filed a request with the Foreign Ministry to invalidate the passport of Kwon and four others...
South Korea: Digital assets can be subjected to securities law
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19 September, 2022

South Korea: Digital assets can be subjected to securities law

Financial Supervisory Service Governor Lee Bok-hyun argued that caution should be exercised in passing judgments on whether or not a...
Do Kwon: South Korea issues arrest warrant for Terra founder
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15 September, 2022

Do Kwon: South Korea issues arrest warrant for Terra founder

The warrant from the Supreme Prosecutors Office was issued for five others who worked at Terra, with South Korean authorities...
Hodlnaut trims workforce by 80% as it attempts to resolve financial woes
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22 August, 2022

Hodlnaut trims workforce by 80% as it attempts to resolve financial woes

Embattled digital currency lender Hodlnaut laid off 80% of its workforce amid its current financial plight brought about by the...
South Korea: Prosecutors raid digital assets exchanges in Terra investigation
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22 July, 2022

South Korea: Prosecutors raid digital assets exchanges in Terra investigation

Investigators from the Seoul Southern District Prosecutors Office searched the offices of several digital assets exchanges to seize records and...