Tag: Terra
Montenegro Basic Court Again Approves Terra Founder Do Kwon’s $427K Bail Request in Fake Passport Case
In March, Kwon, along with former Terra executive Han Chang-joon, were arrested in Montenegro for allegedly attempting to travel with falsified docume [...]
Terra Do Kwon’s Detention in Montenegro Extended After High Court Decision to Revoke Bail
The High Court decided against the bail approval after it found the Basic Court did not sufficiently assess the the value of the defendant's property, [...]
Terra Luna founder Do Kwon’s bail terms officially accepted by Montenegro court
Montenegro has granted approval to the bail terms proposed by Do Kwon, who was charged with the criminal offense of document forgery under Montenegrin [...]
Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations.
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Terra Co-Founder Daniel Shin Indicted in South Korea: Bloomberg
Shin's lawyer Kim Ji-dong said he has “nothing to do with the ... collapse as he left the company two years before the fallout," according to the repo [...]
LUNA token is not a security, rules S.Korean court in Terra co-founder case
A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court [...]
Terra Founder Do Kwon Wants U.S. SEC Charges Dismissed for Lack of Jurisdiction, Filings Show
In the civil action brought against Kwon, the regulator failed to prove "personal jurisdiction" as products referenced by the SEC were "available to t [...]
Terra co-founder Do Kwon reportedly indicted for document forgery
Prosecutors in Montenegro have reportedly issued the indictments to Terra co-founder Do Kwon after arresting the executive in late March.The Prosecuto [...]
Do Kwon lawyers received $7 million before Terra collapse: Report
South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent 9 billion won ($7 billion) to Kim & Chang — a top South Korean law firm — [...]
South Korea’s Crypto Scene Emerges From Terra Luna’s Shadow
Earlier this year, Korean media reported that lawmakers were working on the Digital Asset Basic Act (DABA), which collectively refers to 17 draft bill [...]
Terra DeFi project Terraport suffers $2M hack days after launch
The algorithmic stablecoin TerraUSD (UST) collapsed almost one year ago, but some Terra-related projects are still live and trying to overcome some is [...]
South Korean authorities seize $160M in assets tied to Terra employees: Report
The Seoul Southern District Prosecutor's Office has reportedly confiscated roughly $160 million worth of assets from eight people connected to the col [...]
Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
A local court in South Korea denied the prosecutor’s request to issue an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as D [...]
Terra co-founder Do Kwon’s jail time in Montenegro will be harsh: Report
Do Kwon, currently in custody in Montenegro and potentially awaiting extradition to the United States or South Korea, will reportedly face harsh condi [...]
US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister
Authorities from both the United States and South Korea have made efforts to have Terra co-founder Do Kwon extradited to their respective countries fo [...]