The legal saga of Do Kwon, the co-founder of Terraform Labs, is nearing a major turning point. Montenegro’s Justice Minister, Bojan Božović, has confirmed that a decision regarding Kwon’s extradition is expected by the end of this week, Oct 19. Do Kwon has been held in Montenegro custody since March
The algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, TerraUSD Classic (USTC), is on a meteoric rise today, demonstrating a tremendous upsurge of interest in the stablecoin. CMC reports a 24-hour increase in value of 20.18% for the stablecoin TerraUSD Classic, which now stands at $0.01803. The overnight purchasing momentum
Over recent months, the South Korean government has been monitoring the activities of the Terrafarms Labs, CEO – Do Kwon. In mid May, the entire Terra community crashed and faced a terrible issue affecting the investors and the users. Following the South Korean authorities was seeking to arrest Do Kwon
The South Korean government launches an extreme investigation on Terraform Labs. Proper and more constrained regulations to be announced soon. Refrains South Korean crypto exchanges from trading LUNA and UST. Terraform Labs has been the talk of the crypto world, with its two tokens, the LUNA and the UST, a
Terra (Luna) price is 100% down from its all-time high of 119.18 as per CMC. Most of the top Exchanges delist the LUNA. Crypto.com the largest cryptocurrency exchange announced on Twitter that they had suspended deposits and withdrawals on the Terra network temporarily because of the unexpected price (100%) down
Terra LUNA, along with UST almost at their ends. Price of LUNA crumbled down to 99.69%. Will the Founder’s mitigation plan come to aid?. The time and world are highly unpredictable and so is the cryptocurrency industry and market too. With the currently ongoing crypto market crash for almost more
Terra LUNA lies dead at $0.0121. Binance officially announces to delist LUNA. Crypto.com prohibits trade of LUNA temporarily. With the ongoing LUNA and UST crisis, the whole world is glued to their eyes witnessing such an event. The true event of a crypto dropping down to almost nothing, with the
The price of LUNA dropped 98% in the last 24h. Terra’s recovery strategy proposals are under high criticism. The downtrend of Terra (LUNA), the native coin of the Terra ecosystem, has gained rapid momentum, driving it to drop unimaginably to its all-time low. At the time of writing, according to
Early yesterday, the entire US market was so busy and excited looking at the massive surge of the TerraUSD (UST). As a remarkable turnover, Terra’s UST surpassed the Binance USD (BUSD) and became the 3rd largest stablecoin by market value. Surprisingly, the surge is over $17.5 billion with a rise
