Terraform Labs founder Do Kwon transferred $7 million (KRW 9 billion) to a law firm in South Korea just before his company’s high-yielding stablecoin Terra and its companion token Luna collapsed last ...
Luna is worth less than two cents, losing 99% of its value amid a broad decline in the cryptocurrency market. The coin is linked to TerraUSD, an algorithmic stablecoin that's in the spotlight this ...
Terra 2.0 (LUNA) is the newest iteration of cryptocurrency on the Terra blockchain. In May 2022, the Terra blockchain experienced a hard fork prompted by founder Do Kwon and voted on by the community.
A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court deemed LUNA (LUNA) (the native token of the LUNA ...
Do Hyeong Kwon, co-founder of Terraform Labs, on Tuesday pleaded guilty to two of the nine charges against him in a case about two cryptocurrencies that collapsed in May 2022 and erased $50 billion in ...
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