Terra

Do Kwon, the CEO of Terraform Labs, a cryptocurrency ecosystem that caused investors severe losses when both its stable coin TerraUSD and token Terra (LUNA) crashed, has turned to Twitter to express his most recent thoughts on the recent…
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The claim came when a Twitter thread by @FatManTerra disclosed the purported facts of how Kwon and Terra's influencers artificially maintained liquidity while draining cash.Do Kwon, CEO and co-founder of the notorious Terra (LUNA) and…
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According to analyst Michael van de Poppe, Terra founder Kwon deserves to go to prison, comparing Kwon to Ponzi schemer Bernie Madoff.Community members reacted to reports that Terra's creator Do Kwon took $80 million a month before the…
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Mirror Protocol court defeat paves the way for a broader investigation into the collapse of TerraUSD.First Circuit Court of Appeals ruled in favour of the SEC in Terraform Labs' appeal against the Southern District of New York…
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Is Terra's algorithmic stablecoin UST's demise, which occurred last month, the end of automated stablecoins as we know them? That's what Reeve Collins thinks.Due to TerraUSD's meltdown, DeFi's financial procedures have been subjected…
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Billy Markus was critical of LUNA 2.0 and those who bought into the relaunch, which he saw as a failure.Terra's effort to bring back LUNA has been derided by Dogecoin co-founder Billy Markus as "really foolish."The collapse of the…
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The unexpected collapse of the Terra ecosystem has shaken the cryptocurrency industry over the last several weeks. When the company's algorithmic stablecoin (UST) lost its dollar parity, everything fell apart.One penny was all that…
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Luna Foundation Guard's money is reportedly being frozen by South Korean authorities after last month's unprecedented collapse of the Terra network's LUNA and UST tokens.According to KBS, South Korean authorities on Monday requested…
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Terraform's Do Kwon denied accusations that the corporation owes the South Korean government roughly $80 million in taxes.Do Kwon, his cryptocurrency project, and the demise of the two native digital assets have been the subject of…
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Following Terra's collapse last week, CEO Changpeng Zhao of Binance has revealed his thoughts.As Terraform Labs' UST stablecoin lost its dollar peg and caused a $40 billion wipeout that devastated the entire crypto sector, Binance CEO…
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