Bookmarking Crypto Insights
Auto Added by WPeMatico
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent enforcement action by the U.S. Securities … Read more
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case. Go to Source Powered by WPeMatico
Terra users are losing another round of funds due to a breach on the new DeFi platform Terraport Finance, which launched on March 31. Go to Source Powered by WPeMatico
Authorities have previously alleged that Shin earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Go to Source Powered by WPeMatico
A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual. Go to Source Powered by WPeMatico
The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia. Go to Source Powered by WPeMatico
South Korean authorities have previously requested cooperation from the Serbian government to bring Kwon back. Go to Source Powered by WPeMatico
TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided to run a smear campaign. Go to Source Powered by WPeMatico
South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea. Go to Source Powered by WPeMatico
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar … Read more
