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Tag: Terraform

Terra Classic Surges By 17%; Korean Prosecutors Seek Arrest of Co-Founder

With the implosion of the LUNA coin, the Terra ecosystem was devastatingly hit within a few days in May 2022. The successor, Luna Classic...

Korean Prosecutors Seek Arrest of Terra Co-Founder Over $105M LUNA Sale

Terraform Labs co-founder Daniel Shin appeared in court Friday, at a hearing to decide whether he should be arrested for allegedly extracting illegal profits...

Terra cofounder Daniel Shin makes court appearance for arrest warrant review

Terraform Labs Pte. Ltd. cofounder Shin Hyun-seung, also known as Daniel Shin, and seven other Terra associates attended a court hearing on Friday morning...

2022 in Review: the Top 10 Crypto Memes of the Year

Key Takeaways Despite the bear market, it was another big year for memes in crypto. Some of the most enduring memes of the year were...

2022 in Review: the Top 10 Crypto Villains of the Year

Key Takeaways Several ego-driven crypto personalities suffered huge falls from grace in 2022. Terra's failure exposed some of the crypto ecosystem's biggest villains. Policymakers and...

Regulators are coming to crypto post FTX

One by one the dominoes have come tumbling down this year. Sam Bankman Fried caused the world’s third largest centralized exchange FTX to collapse...

Prosecutors Seeking Arrest Warrant for Terraform Labs’ Daniel Shin: Yonhap

Yonhap says prosecutors are charging Shin with taking illegal profits as he sold $105 million of LUNA at a market high without informing investors....

$104M Seized From Terra Co-Founder and El Salvador Still Stands with Bitcoin – News Roundup

This past week saw Tether chain-swap $1 billion USDT, South Korea seized $104 million USD from TerraForm co-founder, and Cardano announced planned launch of...

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just...

South Korea Confiscates Over $100 Million from Terra’s Co-founder: Report

South Korean prosecutors have seized more than $100 million worth of assets belonging to Shin Hyun-Seong (Daniel Shin), the co-founder of Terraform Labs,...

South Korea seizes $104M from Terra’s co-founder on unjust earnings.

South Korean authorities are continuing their efforts to bring closure to the victims of the year's first crypto crash, which involved Terraform Labs. While...

Audit Shows Terra Groups Spent $3.4B to Defend Dollar Peg in UST

Terraform Labs Commissioned Study to Quantify Support for Stablecoin During May Crisis In a bid to quell speculation about how Terra defended its stablecoin UST...

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