Luna
South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon
The controversy surrounding Do Kwon’s whereabouts continues to grow, given that South Korean prosecutors asked Interpol to issue a red notice against the Terraform Labs’ founder.
Do Kwon Tweets "Not on the Run", Willing to Disclose Location
Terraform Labs' founder claimed that he is not on the run but in "full cooperation" with government agencies interested in communicating.
Singaporean Police Force Claims Do Kwon is Not in Singapore
The Singapore Police force has made it known that Kwon is not in Singapore. This statement comes after a Spokesperson claimed that Kwon and five other individuals were issued an arrest warrant and were hiding in Singapore to avoid arrest
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon and five others have allegedly violated the nation's capital markets law and have been issued a warrant from the court in Seoul. LUNA and LUNC both collapsed after the arrest warrant was issued.
Korean Prosecutors Consulting if LUNA Classified "Security"
The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens - now known as Luna Classic (LUNC).
Opinion: Terra – A lesson learnt for trading platforms?
The events related to the Terra and Luna collapse highlight why trading platforms need to provide clarity and education for their users. With tighter regulations looming, demonstrating responsibility and a commitment to consumer protection is vital if trading platforms are to thrive.
Prosecutors Raid Crypto Exchanges amid Terra Probe: Report
South Korean regulators have reportedly raided entities that are connected with Terraform Labs as another effort in the ongoing investigation of the case.
Binance.US Sued for Selling Unregistered LUNA Securities
Binance.US has been sued in a class-action lawsuit for the sale of unregistered security tokens from the Terra blockchain protocol.
Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox
According to a Twitter user, FatMan Terra, Do Kwon allegedly used the Abracadabra protocol, DegenBox to siphon as much as $2.7 billion from the UST and Terra coffers months leading to the eventual collapse of the Layer-1 protocol.
Experts Suggest Merely Tokens Might Survive after LUNA's Collapse
Major market players have explained the key to the future of cryptocurrencies. However, some of them suggest only merely tokens might survive after LUNA's event , taking reference to the bubble outbreak of Dot-Com's collapse.