Do Kwon
Terra Founder Do Kwon Sentenced to 15 Years in Prison
The Terra founder is set to serve half his sentence in the United States and the latter half in South Korea for the $40 billion LUNA fraud.
LUNA Classic Doubles as Do Kwon Faces 12 Years in Prison
LUNC and LUNA are soaring as the DOJ seeks the maximum sentence for the Terra founder.
South Korea Wins Extradition Battle for Do Kwon
No specific date has been set for the Terraform Labs co-founder’s extradition.
Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud
The jury voted unanimously against Kwon.
Terraform Labs Files For U.S. Bankruptcy
The firm behind the ill-fated UST stablecoin said the filing is “a strategic step” that will enable it to continue its operations.
Arkham Bounty Unearths $160M In Alleged Terra Wallets
Failed Stablecoin Issuer Previously Claimed That All Reserves Were Exhausted To Defend UST Peg
Terra Founder Do Kwon Arrested In Montenegro
Longtime Critic FatMan Hails Law Enforcement Action As Victory For Crypto Space
New LUNA Coin Surges While Terra Controversy Escalates
The Terra token has approximately doubled in price two days after its launch, even as controversy surrounding Terra and the activities of its founders continues to grow. Terra airdropped Terra 2.0’s LUNA to holders of the network tokens of the fallen Terra Classic chain – what’s now known as Luna Classic (LUNC), and the network’s…
Do Kwon Wants to Save Terra by Creating a New Chain With 1B of Tokens for LUNA and UST Holders
The Terra ecosystem’s notorious leader is trying to salvage the resources and talent left behind in the wreckage that is UST’s depegging.
