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Terra
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Altcoin NewsNews
Do Kwon legal professionals obtained $7 million earlier than Terra collapse: Report
by Jeremyby JeremyKwon’s resolution to ship tens of millions to the regulation agency was flagged by prosecutors as a deliberate transfer, which allegedly reaffirmed his consciousness of the approaching collapse and anticipated anticipated authorized issues, as reported by KBS making an…
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Bitcoin NewsNews
Terra DeFi undertaking Terraport suffers $2M hack days after launch
by Jeremyby JeremyTerraport Finance, a decentralized finance (DeFi) trade undertaking based mostly on the Terra Basic blockchain, suffered a breach on its liquidity pockets on April Saying the information on Twitter, Terraport stated the hacker had drained all liquidity swimming pools…
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Bitcoin NewsNews
South Korean authorities seize $160M in belongings tied to Terra workers: Report
by Jeremyby JeremyIn accordance with an April 3 report from South Korean information outlet KBS, authorities seized roughly 210 billion received — $160 million on the time of publication — value of property related to former Terra workers, primarily within the type…
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Altcoin NewsNews
Terra co-founder Daniel Shin’s arrest denied by court docket, citing low flight threat
by Jeremyby JeremyOn March 23, Kwon was arrested at Podgorica airport in Montenegro whereas making an attempt to make use of pretend paperwork to fly The Seoul Southern District Prosecutors Workplace took benefit of this case and, on March 27, requested…
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Altcoin NewsNews
Terra co-founder Do Kwon’s jail time in Montenegro might be harsh: Report
by Jeremyby JeremyIn line with a March 29 Protos report, an unnamed felony protection lawyer stated situations at Montenegro’s jails and prisons “haven’t modified” from these described in a 2020 human rights report from the State The report cited a…
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Bitcoin NewsNews
US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister
by Jeremyby JeremyAt a March 29 press convention, Montenegrin Justice Minister Marko Kovač mentioned the USA made diplomatic efforts to ask for Kwon to be handed over, whereas South Korean officers have requested the announcement following Kwon’s arrest at Montenegro’s Podgorica airport on…
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Bitcoin NewsNews
Terra co-founder in S.Korean crosshairs following Do Kwon arrest
by Jeremyby JeremySince November 2022, South Korean authorities have suspected the involvement of quite a few Terra colleagues in serving to Do Kwon promote unstable and unsure funding alternatives with Terra (LUNA) and TerraUSD (UST) Translation from Montenegro Minister of Inside…