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Arrest Warrant for Kwon Do-hyung of ‘Tera’

An arrest warrant has been issued to CEO Kwon Do-hyeong, co-founder of Terraform Labs, developer of the cryptocurrencies Terra and Luna. Since CEO Kwon...

[JUNE] UST Stablecoin Collapses Under Moderate Instability

Last month the world discovered that the “stable” in “stablecoin” is more an aspirational endeavor than planetarily ordained fact. The TerraUSD algorithmic stablecoin, or...

Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse

Korean Government’s Meeting With Cryptocurrency Exchanges The South Korean government is shifting responsibility for the crash of cryptocurrency terra (LUNA) and algorithmic stablecoin terrausd (UST)...

CoinDesk “Hashed, Luna’s loss estimated at 4 trillion won”

CoinDesk reports that Hashed's Luna loss is estimated to be more than $3.5 billion (4.473 trillion won). Citing on-chain data, the media speculated that...

Luna’s CEO Kwon Do-hyung’s spouse requested ’emergency protection’

Police are investigating a report that an unknown person visited the home of Terraform Labs CEO Kwon Do-hyung and rang the doorbell. CEO Kwon's...

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S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra’s...

Authorities in South Korea have requested crypto exchanges OKX and KuCoin to freeze some 3,313 bitcoin (BTC), worth around $67 million, tied to Terraform...