Terra Financial News

24.02 / 13:33

SEC Terra SEC Filing ‘May Help South Korean’s Prosecutors’ Do Kwon Case’ – Report

The US Securities and Exchange Commission (SEC)’s legal filing against Terraform Labs and its CEO Do Kwon “could help South Korean prosecutors’ case against Kwon,” a report has claimed.

20.02 / 23:49

business FTX BIS Terra Trading on major exchanges spiked following collapse of Terra, FTX: BIS report

A report from the Bank for International Settlements (BIS) suggested that trading activity on major exchanges increased in the days following the collapse of crypto firms FTX and Terraform Labs.

20.02 / 17:07

Terra South Korean Prosecutors Applaud ‘Meaningful’ US Do Kwon Charges

South Korean prosecutors have applauded “meaningful” charges brought against Do Kwon, the Co-founder of Terraform Labs, by the top American financial regulator.

20.02 / 08:21

Law Stablecoin defi Terra Usd Terra safe Yield platform Stablegains sued for promoting UST as a 'safe' investment

Decentralized finance yield platform Stablegains has been sued in a Californian court for allegedly misleading investors and failing to comply with securities laws.

18.02 / 01:25

regulation SEC crimes Terra Do Kwon removed 10K Bitcoin from Terra after collapse — Takeaways from SEC complaint

A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered more than $100 million worth of Bitcoin from the platform following its collapse in May 2022.

17.02 / 17:41

SEC Terra Luna TerraUSD Stablecoin Scandal: SEC Sues Terraform Labs and Do Kwon for Deceiving Investors – Here's What Happened

The US Securities and Exchange Commission (SEC) has sued Terra founder Do Kwon and his organization Terraform Labs for securities fraud.

17.02 / 16:07

Blockchain regulation SEC LUNC Terra Lawyers ‘Wild’ — SEC going after Terra sparks responses from crypto lawyers

Terraform Labs and its founder, Do Kwon, are in the sights of the United States Securities and Exchange Commission (SEC), which has sparked various reactions from lawyers within the crypto community.

17.02 / 01:37

regulation SEC Terra Breaking: SEC sues Do Kwon and Terraform Labs for fraud

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs and its founder Do Kwon for "orchestrating a multi-billion dollar crypto asset securities fraud."

08.02 / 09:57

Government Stablecoin regulation Altcoin Terra South Korean officials traveled to Serbia to find Do Kwon

The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials reportedly confirming they sent at least two people to Serbia to track him down.

07.02 / 16:19

TerraUSD Terra South Korean Officials Traveled to Serbia to Locate Terra's Do Kwon

A group of South Korean officials has traveled to Serbia in a bid to locate Do Kwon, the co-founder of Singapore-based Terraform Labs, the parent company of crashed stablecoin TerraUSD.

02.02 / 17:01

Stablecoin regulation Altcoin Tether Terra Tether CTO Paolo Ardoino on taking the bull by the horn

Stablecoins have been under much scrutiny after the implosion of the third-largest stablecoin by market cap, TerraUSD (UST), in May 2022. The UST saga led to a lot of skepticism that caused consumers to question the safety of stablecoins.

28.01 / 16:25

LUNC Terra Luna Terra Terra Classic Terra Luna Classic Price Prediction – Can LUNC Hit $3 in 2023?

LUNC, a token worth roughly over $1 billion on the Terra Classic protocol, is edging closer to a 17.54% move that could propel it to $0.00021. Meanwhile, the 50th largest cryptocurrency’s value increased by 6.5% in 24 hours and is trading at $0.0001775 at the time of writing.

22.01 / 21:33

Blockchain defi Mainnet Terra Terra Classic mars Terra lending protocol Mars to launch mainnet

The original Terra lending protocol, Mars Hub, announced the launch of its independent Cosmos application chain on Jan. 31, along with the issue of MARS tokens to users who hold it during the two snapshots on Terra Classic.

11.01 / 14:35

Legal Terra Drop US Investors Drop Terraform Labs Lawsuit

The American investment firm Albright Capital has pulled out of a class action lawsuit against Terraform Labs, the firm behind the Terra protocol and the Terra Luna Classic (LUNC) coin.

10.01 / 16:57

FTX Terra Financial Financial Bubbles Expert: Crypto a Bubble Like No Other or a Ponzi Scheme. Is He Right?

Some financial experts with a specialty in bubbles believe crypto is either one of the biggest bubbles in history or a smart Ponzi scheme not seen before.

03.01 / 11:41

business regulation FTX Digital Currency Group Terra Su Zhu gets called out by the community as he fires off accusations against DCG

As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability.

23.12 / 01:53

regulation FTX Bitcoin Regulation Terra NOT Rating agencies, not regulators, can rebuild trust in crypto after FTX

The last year has been an eventful one for the crypto space. The collapse of the Terra ecosystem and its TerraUSD (UST) algorithmic stablecoin saw $50 billion wiped off the market in a flash. And more recently, FTX, an exchange many thought was “too big to fail,” came crashing down. There’s been no shortage of drama in the space, which has seen name-stay businesses and projects disappear along with investors’ funds.

20.12 / 14:15

Terraform Labs Terra Experts Explain Why Do Kwon May Be in Serbia

South Korean legal experts have been giving their thoughts on why the missing Terraform Labs co-founder Do Kwon may have chosen to take up residence in Serbia.

15.12 / 18:09

cryptocurrency LUNC Terra Luna Classic Terra Luna Classic Price Prediction – How High Can LUNC Go in 2023?

LUNC, the native token to the original Terra blockchain that experienced a catastrophic collapse in May 2021 after the UST algorithmic stablecoin lost its 1:1 peg to the US dollar, is ebbing lower on Wednesday, in tandem with bearish flows being felt across the cryptocurrency space. The cryptocurrency was last around 1.25% lower on the day in the $0.0001630 area and trading back to the south of its 21-Day Moving Average (DMA) in the $0.0001670s.

12.12 / 17:43

cryptocurrency Terra Luna Classic Time Terra Luna Classic Price Prediction – Can LUNC Hit New All-Time Highs in 2023?

In tandem with the downside being seen across cryptocurrency markets on the first trading day of the week, LUNC, the token that powers the original Terra blockchain, was last changing hands around 2.6% lower on the day. LUNC/USD was last changing hands around $0.0001650. That means that, while the cryptocurrency is still up 10% versus its November lows under $0.00015, it has now receded around 13% from its recent highs near $0.00019.

07.12 / 14:57

cryptocurrency LUNC Terra Luna Classic Terra Luna Classic Price Prediction – Can LUNC Hit $1 Before 2023?

LUNC, the native cryptocurrency that powers the Luna Classic blockchain, was last changing hands near $0.00017 and was just above its 21-Day Moving Average at $0.0001675. Whilst the cryptocurrency is still trading about 14% higher versus its November lows under $0.00015, it has seen a sharp pullback since nearing $0.00019 earlier this month.

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