Category: Terra
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Former Terra CEO Do Kwon Enters Not Guilty Plea In Landmark $40 Billion Crypto Trial
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Do Kwon, a South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, on Thursday pleaded not guilty to a series of criminal fraud charges in federal court in Manhattan. This comes just days after his extradition from Montenegro, where he had been detained for more than a year. His case…
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Terra Community Must File Crypto Loss Claims Now
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The U.S. Bankruptcy Court for the District of Delaware has announced that stakeholders in Terraform Labs Pte. Ltd. (TFL) and Terraform Labs Limited (TLL) are required to file preliminary evidence of their cryptocurrency loss claims by August 21, 2024, at 5:00 p.m. (ET). This filing is critical for those planning…
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Terra Classic Poised For 280% Rally
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Terra Classic (USTC) is making headlines with Price increase of 17%. Experts and traders are currently focusing on the rapid rise of the currency. People assume that the large positive divergence was the reason for the upward momentum. Related reading Noted cryptocurrency expert Javon Marks has expressed his bullish view…
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Terra Classic Poised For 280% Rally
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Terra Classic (USTC) is making headlines with Price increase of 17%. Experts and traders are currently focusing on the rapid rise of the currency. People assume that the large positive divergence was the reason for the upward momentum. Related reading Noted cryptocurrency expert Javon Marks has expressed his bullish view…
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Montenegro PM falls victim to failed Terra Luna project
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Montenegrin Prime Minister Milojko Spajic personally invested in Do Kwon’s Terraform Labs cryptocurrency project years before the company collapsed, new US court filings reveal. Montenegro PM has invested in Terraform Labs According to to Bloomberg citing the court filingsSpajic invested in Terraform Labs, the company behind the failed Terra Luna…
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Montenegro PM falls victim to failed Terra Luna project
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Montenegrin Prime Minister Milojko Spajic personally invested in Do Kwon’s Terraform Labs cryptocurrency project years before the company collapsed, new US court filings reveal. Montenegro PM has invested in Terraform Labs According to to Bloomberg citing the court filingsSpajic invested in Terraform Labs, the company behind the failed Terra Luna…
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The Future Is Uncertain For Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST !
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Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial crisis, wiping out billions of investors’ money. Following this, the US Securities and Exchange Commission (SEC)…
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The Future Is Uncertain For Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST !
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Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial crisis, wiping out billions of investors’ money. Following this, the US Securities and Exchange Commission (SEC)…