Do Kwon News

16.09 / 06:21

business cryptocurrency crypto news Bitcoin Bitcoin Down Cryptocurrency Prices Today September 16: Bitcoin down 3.29%, biggest laggard

Major cryptocurrencies traded in the red early today on September 16 as the global crypto market cap declined 2.71 percent to $960.06 billion over the last day. On the other hand, the total crypto market volume jumped 9.49 percent to $84.26 billion during the last 24 hours.

16.09 / 03:39

Blockchain UPS events Terra: In an interesting turn of events, LUNA walks ahead of LUNC

The entire crypto community was carefully watching the event of Terra Classic [LUNC]’s unprecedented surge over the last few weeks. Several developments happened in the Terra ecosystem that have the potential to change its fate for good.

15.09 / 21:01

Blockchain regulation Terra Usd Terra Luna South Korean prosecutors apply to revoke Do Kwon and other Terra employees' passports

According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder Do Kwon and five other project developers. Prosecutors also plan to contact Interpol and escalate the South Korean arrest warrant issued the day prior into an international arrest warrant.

15.09 / 19:19

cryptocurrency cryptocurrency market South Korea seeks to arrest developer of failed cryptocurrency Luna

A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of cryptocurrencies Luna and TerraUSD, whose spectacular collapse in May roiled crypto markets around the world.

15.09 / 17:01

cryptocurrency avalanche Bitcoin Bitcoin Price Crypto Price Today Live: Bitcoin stays above $20,000; Shiba Inu & Avalanche shed 3% each

Bitcoin managed to hold $20,000 levels. The latest red-hot inflation numbers have put global investors on edge about the potential actions by the US Fed in its meeting next week. The FOMC is likely to push interest rates by 75 basis points, while a 100-bps hike can not be ruled out. Barring the US dollar-pegged Tether, all other major crypto tokens were trading lower on Thursday. Shiba Inu and Avalanche dropped 3 per cent each, whereas Bitcoin, Polkadot and Polygon shed 2 per cent each. The global cryptocurrency market cap was trading lower at $990.19 billion, dropping almost a per cent in the last 24 hours. However, total trading volume tumbled as much as 23 per cent, close to $78.30 billion.

15.09 / 11:35

FIVE HANS Terra South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation

South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.

15.09 / 00:13

Blockchain defi Terra Usd Terra Luna Terra Classic Apollo DAO to close vaults on Terra Classic

Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing down its vaults on Terra Classic (LUNC) — formerly Terra (LUNA). The project's developers wrote:

14.09 / 19:21

FIVE Cooper HANS Terraform Labs Is South Korea getting ready to arrest Do Kwon- Decoding details

Due to the South Korean government’s request for his arrest, Do Kwon, the founder of Terraform Labs, is in grave danger. The cryptocurrency market lost $40 billion as a result of Terra’s stablecoin USTC and Terra Classic LUNC collapsing.

14.09 / 14:16

FIVE Man Terra Luna Arrest warrant issued for Do Kwon, the man allegedly behind the $45 billion Terra Luna collapse

An arrest warrant for Do Kwon, the co-founder of the defunct stablecoin issuer Terraform Labs, which was responsible for many losing their life savings after investing in crypto, has been issued by a South Korean court.

14.09 / 13:11

Lowe's FIVE Platform Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others

Do Kwon, the founder of the bankrupt Terraform Labs crypto ecosystem, has been issued an arrest warrant from a court in South Korea.

14.09 / 12:31

Lowe's FIVE South Korea issues arrest warrant for Terra Founder Do Kwon

While the LUNC community rejoices because of a potential comeback for the Terra Luna Classic (LUNC) token, the founder of the Terraform Labs, Do Kwon, is now facing a warrant of arrest from South Korean authorities.

11.09 / 16:49

Blockchain UPS Binance Terra Luna Terra back from the dead? LUNA price rises 300% in September

Terra has become a controversial blockchain project after the collapse of its native token LUNA and stablecoin TerraUSD (UST) in May. But its recent gains are hard to ignore for cryptocurrency traders.

06.09 / 05:45

business Twitter Scams Bitcoin ‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours

Crypto influencer FatManTerra claims to have gathered over $100,000 worth of Bitcoin (BTC) from crypto investors in an investment scheme that was later revealed as fake.

18.08 / 21:07

UPS Twitter Action Do Kwon makes bold claims about LUNA in this recent interview

Do Kwon made his first public appearance since the fall of Luna, with an interview he did with Coinage. There’s been a lot of negative sentiment against Do Kwon, with speculators believing that Do Kwon has also profited from the fall of UST.

17.08 / 16:03

business regulation Terraform Labs Terra Lawyers Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation

Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any charges against him.

15.08 / 20:01

CEO Terra Luna Terra Luna crash: 'I alone am responsible,' says CEO Do Kwon in first interview since collapse

Do Kwon, the founder of Terra, has given his first interview since the spectacular crash of his crypto project in May left many to lose their life savings and lose their faith in so-called stablecoins.

15.08 / 13:39

community Terra Do Kwon Interview Sparks Twitter Drama – Before It’s Even Dropped

02.08 / 03:23

Exchange Legal Upbit Terraform Labs South Korean Prosecutors Wrap up Terra Raids on Exchanges, Tech & VC Firms

A more than week-long prosecution raid of South Korean crypto exchanges and companies linked to Terraform Labs has finally come to an end, with officers admitting that finding the information they were after was challenging.

22.07 / 14:15

defi regulation lending Leverage Terra 3AC founders reveal ties to Terra founder, blame overconfidence for collapse

The founders of tainted crypto hedge fund Three Arrow Capital (3AC), which filed for bankruptcy in the first week of July, have finally resurfaced after five weeks of no known whereabouts.

22.07 / 14:05

Grayscale lending Terra Bitcoin 3 Reasons Why 3 Arrows Capital Failed, Per Its Founders

There were at least three major factors that lead to the collapse of the fund, according to the founders of Three Arrows Capital (3AC) Su Zhu and Kyle Davies.

22.07 / 12:23

Legal Terraform Labs Terra Returns raid Prosecutors Raid Home of Terra Co-Founder Daniel Shin as Do Kwon Returns to Twitter

The South Korean prosecution service’s recent raid of 15 locations as part of the probe into the “Terra (LUNAC) incident” saw officers search the home of the Terraform Labs co-founder Daniel Shin.

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