Tag: Terra
S. Korea Requests Extradition of Crypto Fugitive from Montenegro
Seoul's justice ministry has requested the extradition of Kwon Do-hyeong from Montenegro after the fugitive co-founder of blockchain firm Terraform Labs was arrested there...
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra’s Do Kwon
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...
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...
Authorities raid South Korean crypto exchanges in Terraform Labs probe
In the most recent development, a team of investigators from the Seoul Southern District Prosecutors Office raided several local cryptocurrency exchanges, including Upbit, on...
[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...
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...
Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto
The savings account’s returns will be based on various proof-of-stake currencies, plus additional yield over the first five years in the form of its...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
