ASouth Korean authorities have uncovered a fraudulent company called Flexi that Do Kwon is accused of using to defraud money from Terra. In connection with the collapse of the Terra ecosystem, which resulted in thousands
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This EVM-compatible blockchain has already onboarded dozens of projects that left collapsed Terra (LUNA) Esports innovator Ryan Wyatt, CEO of Polygon Studios, has shared an update on the migration of the Terra Blockchain (LUNA) Web3
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Terra Labs may have roughly $3.6 billion in USDT and UST, as shown in a CoinDesk Korea article. According to the news source, the money could be used for exchange and DeFi price gouging or
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Terraform Labs CEO Do Kwon has attempted to set the record straight about the most recent rumors Terraform Labs CEO Do Kwon claims rumors that he banked $2.7 billion worth of crypto before his project
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Retail investors were main victims of Terra collapse as whales rushed to cash out early Jump Crypto, the cryptocurrency-focused subsidiary of Chicago-based proprietary trading firm Jump Trading, has finally speak on the implosion of Terra
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While the South Korean government intensifies its inquiry into Do Kwon and the Terra crash, a closer examination of legal issues reveals some surprising insights. Do Kwon and Terraform Labs are facing legal action and
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Embattled Terra founder Do Kwon has effectively lost a total of $11 million on a bet that he took against two cryptocurrency traders in March regarding the future price of LUNA. Algod, a self-proclaimed “semi-retired degen,” picked up
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The month of May was dominated by the announcement of the LUNA crash. This came after its dollar-pegged stablecoin UST fell almost 90% against the dollar. In an effort to revive Terra and stop the
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Terra appears to be hopeful about success of this new chain According to Official Terra Twitter handle, “Block 1 of the brand new Terra blockchain was officially produced at 06:00 UTC on May 28, 2022.”
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Following the majority of crypto exchanges’ support for the Luna 2.0 airdrop, Binance is the most supportive, Coinbase’s silence here is growing louder. Coinbase said trading in UST and WLUNA, an Ethereum token that represents
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