Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...
Terra 2.0 (LUNA) is the newest iteration of cryptocurrency on the Terra blockchain. In May 2022, the Terra blockchain experienced a hard fork prompted by founder Do Kwon and voted on by the community.
In May 2022, the Terra Luna network collapsed, wiping out approximately $60 billion of value — $40 billion in Luna and $18 billion in UST — leaving a wake of destruction to both institutional and ...
One of the major catalysts of the "Crypto Winter" that began in 2022 was the collapse of Terraform Labs's native token LUNA (Luna), and its "stablecoin" TerraUSD (UST) in May 2022. Nearly two years ...
Do Hyeong Kwon, co-founder of Terraform Labs, on Tuesday pleaded guilty to two of the nine charges against him in a case about two cryptocurrencies that collapsed in May 2022 and erased $50 billion in ...
What is Terra Classic (LUNC) and how does it differ from the original Terra blockchain? Terra Classic (LUNC) refers to the original Terra blockchain and its native token, known as LUNA before a ...
The decision follows prolonged legal disputes and competing extradition requests from South Korea and the U.S. Kwon, co-founder of Terraform Labs, faces charges tied to the collapse of TerraUSD and ...
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Do Kwon Admits to Misleading Terra/Luna Investors
Terra/Luna founder Do Kwon has pleaded guilty to charges of misleading investors in the wake of the cryptocurrency platform’s dramatic collapse. The South Korean entrepreneur’s admission follows an ...
Do Kwon has been cited by the SEC for allegedly misleading investors on multiple fronts, including allegedly lying about how stable its stablecoin was. Screenshot: Terra/YouTube Do Kwon, the erstwhile ...
Montenegrin police arrested Terraform Labs founder and CEO Do Kwon, right, back in March alleging he was trying to skip town using forged passports. Photo: Risto Bozovic (AP) Do Kwon, notorious crypto ...
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