Terraform Labs is finally giving creditors a way to recover their lost funds from the TerraUSD (UST) collapse. The company will be launching Crypto Loss Claims Portal, to administer the funds recovery process. The announcement came from a recent post in the TerraFormofficial X handle. The crypto Loss Claims portal
Have you ever wondered which cryptocurrency might be your next golden ticket? In the world of digital assets, Arctic Pablo Coin (APC) has emerged as a captivating new player, offering a unique presale opportunity that has investors buzzing. Alongside, Celestia and Terra Classic are making notable strides in the crypto
In this Terra Classic (LUNC) price prediction 2025, 2026-2030, we will analyze the price patterns of LUNC by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Terra Classic (LUNC) Current Market Status What is Terra Classic (LUNC)? Terra Classic
Kwon’s Terra Collapse Former Terraform Labs CEO Do Kwon is facing criminal charges in the United States after his extradition from Montenegro. U.S. prosecutors estimate that the collapse of the Terra ecosystem. Which included the TerraUSD stablecoin and Luna cryptocurrency, affected more than one million individuals and entities globally in
The U.S. Securities and Exchange Commission (SEC) has fined Tai Mo Shan Ltd., a subsidiary of Jump Crypto, $123 million for misleading investors about TerraUSD’s stability. TerraUSD, an algorithmic stablecoin issued by Terraform Labs, collapsed in May 2022, wiping out $40 billion in investor assets. Tai Mo Shan’s actions during
Terraform Labs has received the green light from a U.S. bankruptcy court to begin winding down its operations following the resolution of a prolonged legal case with the U.S. Securities and Exchange Commission (SEC), according to reports from September 19. The U.S. Bankruptcy Judge Brendan Shannon approved Terraform’s bankruptcy plan,
A series of security breaches has recently escalated in the crypto market. The well-known Terra blockchain has now been added to the list of victims. The Terra blockchain has suffered a significant security breach, resulting in the theft of tokens valued approximately $5.54 million at current prices. Their official X
The prime minister of Montenegro, Milojko Spajic, is in a controversy over his prior investment in Terraform Labs, a collapsed crypto firm founded by Kwon Do-hyung. Imprisoned in Montenegro in connection with the 2022 collapse of the company’s cryptocurrencies. Vijesti, the Montenegrin newspaper, reports a data sheet submitted to the
The Luna Foundation Guard (LFG) address had a fund transfer of a substantial amount of digital assets. Around 1.974 million AVAX, approximately worth $71.2 million, and 39,499 BNB worth $23.5 million, were moved to an unknown address. Additionally, an insignificant amount of transfers were also recorded on the platform, as
In response to the SEC’s demand that Terraform Labs and its co-founder Do Kwon pay $5.3 billion in disgorgement and civil penalties, the company’s legal team has submitted a motion in opposition to the request. After a jury found Terraform and Kwon guilty of fraud, their defense team requested a
