Terra News – Securities.io

Terra News June 5, 2023
By Sam Grant

Court Reapproves Bail for Do Kwon and Terraform Labs’ CFO

The Basic Court in Podgorica posted on Friday that it had reaccepted the bail posted by Terraform Labs cofounder Do Kwon and co-defendant Han Chang-joon who...

Terra News May 12, 2023
By Sam Grant

Do Kwon Released on Bail, LUNC Community Hopeful of Terra Classic Revival

Here are updates from the first court hearing of the travel documents forgery case against the pair of Terraform Labs’ executives, Kwon and Han Chong-joon, arrested...

Terra News March 31, 2023
By Sam Grant

Do Kwon’s Extradition Cause Still Unresolved

More than a week since his arrest in a foreign country, Terraform Labs cofounder Do Kwon remains in the headlines.Kwon, who on numerous occasions denied being...

Terra News January 10, 2023
By Sam Grant

Markets: Flare Concludes Initial FLR Airdrop, Bonk Inu to Mint NFTs on Magic Eden

Flare Network finally went ahead with its first-ever token airdrop late Monday, completing the event at 11:59 PM UTC. The airdrop, one of the largest in...

Solana News December 28, 2022
By Sam Grant

Solana (SOL) falls below $10 as Bitcoin (BTC) holders brace for a fourth consecutive red quarter

The broader crypto, bar some alts, has been fairly dormant in the days succeeding the Christmas holiday. This has consequently presented keen market followers with a...

Terra News December 12, 2022
By Sam Grant

Weekend Highlights: SBF Appears in an Interview for BBC Ahead of House Hearing, US Senator Faults Gensler for SEC’s Regulatory Failures, and More

The whereabouts of Do Kwon, one of Terraform Labs’ co-founders, have remained unascertained since the mid-May crash of the cryptocurrency project. Prosecutors in South Korea, where...

Terra News October 22, 2022
By Sam Grant

Terra Classic Update: Community Passes Proposal 5234, LUNC Token Loses October Momentum

The previously-implemented tax burn proposal on Terra Classic has been revised and will entail a 0.2% tax rate on each transaction. This was after blockchain contributors...

Terra News October 22, 2022
By Sam Grant

Terra Revises Ecosystem Funding Program, Osmosis Labs CEO Remarks on Huge Blow from Terra Fallout

Terra 2.0, the new Terra ecosystem birthed following the exodus of users and developers from the former network after hemorrhaging north of $40 billion, has struggled...

Terra News October 21, 2022
By Sam Grant

Do Kwon Remains Reticent About His Location, Apologizes to Victims of Terra Fallout

Kwon Do-hyung, Terraform Lab’s co-founder, recently made another appearance post-Terra crash in an interview with Unchained Podcast’s Laura Shin. The Stanford-educated entrepreneur has hardly been spotted...

Terra News October 9, 2022
By Sam Grant

Update: LFG Says Ongoing Probe Impedes Compensation Scheme, Binance’s First LUNC Token Burn Sets the Pace

Luna Foundation Guard (LFG), the non-profit entity backing the original Terra chain, on Friday shared an update pertaining to the distribution of the remaining assets held...

Terra News October 9, 2022
By Sam Grant

Judge Declares the Arrest of Terraform Labs’ Employees Unwarranted

The Seoul Southern District Court on Friday dismissed the arrest warrant against Terraform Labs’ head of general affairs and business operations, Yoo Mo. Judge Hong Jin-pyo...

Terra News October 6, 2022
By Joshua Stoner

Accountability Remains Absent as Officials Scramble to Bring in Do Kwon and Associates

When 2022 kicked off, the Terra ecosystem and its increasingly popular pairing of LUNA & UST were seen as industry bright spots. Fast forward mere months,...

Terra News August 19, 2022
By Sam Grant

Do Kwon Claims There Could Have Been a Mole In TFL, Reportedly Preparing for Legal Action

The waves of Terra’s implosion may have died down, but the affected entities and investors continue to feel the effects. Founder of the Terra ecosystem, Do...

Terra News August 13, 2022
By Sam Grant

More Firms Reveal Losses as Authorities Wind Up Raids in Probe Related to Terra’s Collapse

Prosecutors in South Korea detained three individuals on August 11 over links to an illegal cryptocurrency scheme. The arrests happened five weeks after Han Dong-hoon, the...

Terra News June 26, 2022
By Sam Grant

Terra (LUNA) Price Gains Nearly 10%, Breaking Out of Limbo

Terra is currently wading through a rough storm of legal troubles (lawsuits), adoption issues, low investor confidence and a dent in the ecosystem’s reputation. The newly...