Luna
News
Terraform Labs sues Jump Trading for $4B over Luna collapse scandal
The administrator managing Terraform Labs liquidation has filed a $4 billion lawsuit against Jump Trading over alleged illegal profits from Terra’s collapse.The suit claims...
News
Do Kwon Sentenced to 15 Years for Terra/Luna Collapse Fraud
Do Kwon, founder of Terraform Labs, was sentenced to 15 years in prison for fraud related to the collapse of the Terra/Luna system.Kwon pleaded...
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Sonic blockchain unveils high-yield stablecoin despite Terra-Luna fears
Sonic blockchain is developing a high-yield algorithmic stablecoin offering up to 23% APR, despite concerns about potential collapses similar to Terra-Luna.Sonic co-founder Andre Cronje...
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Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement
U.S. Bankruptcy Judge Brendan Shannon approved Terraform Labs' wind-down plan on September 19, 2024.The company agreed to a $4.47 billion settlement with the SEC.Terraform...
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Terraform Labs and Do Kwon Reach Tentative Settlement with SEC
Terraform Labs and founder Do Kwon have settled with the U.S. SEC.The settlement follows a civil fraud trial in New York.The SEC sought a...
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Crypto Tycoon Do Kwon Sentenced to Prison in Montenegro for Passport Forgery
A Montenegro court has sentenced South Korean cryptocurrency tycoon Do Kwon to 4 months in prison for using fake passports.Do Kwon was charged in...
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Terraport’s Terra-ble Security: DeFi Exchange Loses $2M in Latest Breach
Terraport Finance, a decentralized finance (DeFi) exchange project on the Terra Classic blockchain, suffered a major security breach on April 10, resulting in the...
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South Korean Prosecutors Seize $160M in Assets Linked to Terraform Labs Collapse
South Korean authorities have seized property worth around $160 million from eight individuals linked to the collapse of Terraform Labs, including its co-founder Daniel...
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LSEG to launch Digital Securities Sandbox for tokenization
London Stock Exchange Group (LSEG) plans to launch a Digital Securities Sandbox (DSD) this year, subject to regulatory approval.The...
Tesla China Sales Slide in Jan., Exports Jump 71%
Tesla's retail sales in China plunged to 18,485 vehicles in January, their lowest monthly figure since November 2022 according...
Standard Chartered Sees Bitcoin Drop to $50K Before Rise
Standard Chartered forecasts Bitcoin will fall to $50,000 and Ethereum to $1,400 before eventually rallying to $100,000 and $4,000...
