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Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation. Kroll to Manage Terraform’s Crypto Loss Claims Process According to Terraform Labs, the portal, managed by Kroll Restructuring Administration LLC, marks a critical step in the … Read more
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Go to Source
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem. Go to Source
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization. Go to Source Powered by WPeMatico
Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić. Go to Source Powered by WPeMatico
The former blockchain executive is wanted by Interpol for his role in the $40 billion collapse of the Terra Luna ecosystem during May 2022. Go to Source Powered by WPeMatico
Terra Luna’s former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia. Go to Source Powered by WPeMatico
While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush out companies that were not sustainable enough to operate during … Read more
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading … Read more
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against … Read more
