Terra Classic
News
Terra Founder Do Kwon to Face US Justice After Montenegro Approves Extradition
Montenegrin Justice Minister announces Do Kwon's extradition to United States.
Decision follows Supreme Court's validation of extradition requirements.
Previous ruling favored South Korea...
News
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...
News
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...
News
Terraform Labs Faces Trial in New York Amid Fraud Allegations
Terraform Labs and Do Kwon go on trial in New York for fraud.The SEC accuses them of deceiving investors about the TerraUSD stablecoin.Kwon is...
News
Major Update in Terra Classic Ecosystem: 800 Million USTC Set for Burn and Migration
KEYTAKEAWAYDeveloper Fragwuerdig is testing the burn of 800 million USTC in preparation for a major contract migration.The community agreed on burning the USTC due...
News
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...
News
Terra Classic Embraces Upgraded Potential: Revitalizing the Blockchain Ecosystem with v2.1.0
The vote to implement the v2.1.0 upgrade, submitted by the core development team, "Joint L1 Task Force (L1TF)", was unanimously approved by the Terra...
News
DFLunc’s Remarkable LUNC Burning Mechanism Incinerates Billions, Fueling Terra Classic’s Transformation
Terra Classic's new project, called DFLunc, is gaining popularity due to its efficient LUNC burning mechanism, which burned almost two billion coins in two...
Latest news
Prosecutors Weigh Charges Against Dragonfly Over Tornado Cash Ties
U.S. prosecutors are considering charges against Dragonfly Capital over its investment in Tornado Cash’s developer.Dragonfly Capital invested $882,000 in...
Prosecutors Weigh Charges Against Dragonfly Capital Over Tornado Cash
Prosecutors in New York said they may file criminal charges against employees at Dragonfly Capital for a 2020 investment...
US, UK Employees Risk Data Leaks Using Chinese GenAI Tools, Study Finds
Employee use of Chinese generative AI tools in the US and UK is widespread and often unsanctioned.
Researchers found over...
