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Terra Luna founder Do Kwon's bail terms officially accepted by Montenegro court
12.5.2023
The Montenegro court accepted the offered bail in the amount of $436,000 per person for Do Kwon and his former aide Han Chang-joon
Terraform Labs CEO Do Kwon Pleads Not Guilty to Forged Passport Charges
11.5.2023
Terraform Labs co-founder Do Kwon pleaded not guilty to allegedly using false passports from Belgium and Costa Rica on Thursday in a Montenegro court, according to Bloomberg News.
Kwon had been on the run for months after the demise of Terraform Labs, the company behind the algorithmic stablecoin...
Terra Luna crash anniversary: Community reflects on the lessons learned
11.5.2023
The Terra Luna crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry
Terra Luna Classic Price Prediction as 10 May Marks 1 Year Anniversary of LUNA and UST Crash – Will Important News be Announced Today?
10.5.2023
The Terra Luna Classic price has gained by 8% in the past 24 hours, rising to $0.00009048 on the day the cryptocurrency witnesses the one-year anniversary of the infamous Terra crash.
This crash saw both LUNA and its sister stablecoin UST become almost worthless overnight, yet it seems that LUNC...
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs
Terra Luna Classic Price Prediction as Bulls Hold Key $0.00010 Level – Where is LUNC Headed Next?
4.5.2023
Terra Luna Classic (LUNC) bulls are currently holding the cryptocurrency above the key psychological $0.00010.
Nonetheless, price predictions are becoming more bearish.
LUNC is the cryptocurrency that powers the original Terra blockchain that experienced catastrophe last May when its algorithmic...
Terra Luna Classic Price Prediction as LUNC Threatens Fall to Nine-month Lows – Here's Where LUNC is Heading Now
3.5.2023
Despite Binance’s latest monthly burn of over $150,000 worth of LUNC tokens and the recent hiring of a new, highly experienced Senior Cosmos developer to the layer-1 blockchain task force team, Luna Classic (LUNC) is threatening a breakout to fresh nine-month lows.
As a result, price predictions...
Seoul Prosecutors Believe Terra Co-Founder Do Kwon Still in Possession of $100 Million Held in Swiss Bank Account
27.4.2023
In the wake of the recent legal action against ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, known to many as Daniel Shin, it appears that prosecutors from Seoul are convinced that Terraform Labs and co-founder Do Kwon are still in possession of a considerable...
Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security
25.4.2023
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act
Terra Luna Classic Price Prediction as $30 Million Trading Volume Floods In – Time to Buy?
25.4.2023
The price of Terra Luna Classic (LUNC) has dropped by 0.5% in the past 24 hours, with its fall to $0.00010959 coming as the wider cryptocurrency market barely moves within the same timeframe.
LUNC's current price means it has fallen by 12% in a week and by 13.5% in the last 30 days, while the coin...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
LUNA token is not a security, rules S.Korean court in Terra co-founder case
24.4.2023
The court in its ruling noted that It is difficult to see Luna coin as a financial investment product regulated by the Capital Markets Act
Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
22.4.2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using...
Terra Luna Price Prediction as Binance Supports Terra Network Upgrade – What Happens Now?
21.4.2023
Things are not looking good for Terra Luna (LUNA) in 2023.
The cryptocurrency was last changing hands around $1.26 per token, 50% down from earlier annual highs to the north of $2.50.
That means LUNA has now erased the entirety of this year’s gains.
Compare that to Bitcoin and Ether, both...
Terra Luna Classic Price Prediction as LUNC Approaches Long Term Support – Will LUNC Bounce Up Soon?
20.4.2023
The price of Terra Luna Classic (LUNC) has fallen to $0.00011681 today, marking a 3% decline in 24 hours and an 8% decrease in the last 30 days.
LUNC has also fallen by 19.5% since the beginning of the year, only one of the few top-100 cryptocurrencies to have not seen gains since 2023 kicked off....
Terra Luna Classic Price Prediction: LUNC's 14-Day Uptrend Signals Strong Growth Ahead – Time to Buy?
18.4.2023
Luna Classic (LUNC), the cryptocurrency that powers the now largely defunct original Terra blockchain, has been in a technical uptrend since last March, signaling possible price strength ahead. Price predictions are thus somewhat upbeat, at least in the short term.
The Terra blockchain...
New Report: Terra Founder Do Kwon Sent Millions of Dollars to Law Firm Before Collapse of Terra – Here's What You Need to Know
17.4.2023
Terraform Labs founder Do Kwon sent millions in funds to a local law firm in South Korea just before the implosion of the Terra ecosystem.
Kwon sent 9 billion won ($7 million) to lawyers at Kim & Chang, the largest law firm in South Korea, just before the collapse of the firm’s algorithmic...
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
16.4.2023
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent...
Do Kwon lawyers received $7 million before Terra collapse: Report
15.4.2023
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case
Terra Luna Classic Price Prediction as LUNC Suddenly Pumps Up 3.5% – Time to Buy?
13.4.2023
Luna Classic (LUNC), the token that powers the original but now largely defunct Terra blockchain, has seen a strong rebound from its Wednesday lows on Thursday and, as per CoinGecko, was last trading around 3.5% higher in the last 24 hours just above $0.0001250.
The cryptocurrency had dipped...