US SEC and South Korea Join Forces in Terraform Labs Investigation
🌐 SEC teams up with South Korea in a deep dive into Terraform Labs. What’s next for the crypto giant? #SECProbe #TerraformLabs #CryptoDrama #LegalBattles #FutureOfCrypto 🚀
Terra
Terra, Celsius, 3AC Impacted Markets Worse Than FTX
According to findings from Chainalysis, the decline of Terra, Celsius, and 3AC had a greater negative impact on the markets than did the collapse of FTX.
Ex-DeFi Dev Andre Cronje Calls Strict Regulation Amid Crypto Crash
Ex-DeFi developer Andre Cronje calls regulators to impose stricter regulation amongst actors in the crypto space. Read CNL.
Do Kwon Seeks Shelter in Dubai: Will It Let Him In?
Fugitive Do Kwon has taken refuge in Dubai, according to a source. Given Dubai’s crypto-friendly stance, will it let him in?
#Dokwon #Luna #Terra #Dubai
Terra Classic Fans Can Now Borrow USTC on Binance Loans
Binance Loans has now added support for Terra Classic USD (USTC) as a borrowable asset.
Authorities in South Korea detain Terra Exec
In their investigation into the Terra-LUNA fall, South Korean authorities have made their very first arrest, seizing a Terraform Labs Pte. Ltd. employee.
Interpol Requests Global Arrest of Terra’s Do Kwon
Interpol seeks worldwide arrest to Terra’s co-founder Do Kwon. Seoul Prosecutors said Kwon was “obviously on the run.” Reportedly, Kwon was charged with the collapse of Terra’s ecosystem. The International Criminal Police Organization (Interpol) sent out a “Red Notice” request to law enforcement all over the world in order to “locate and arrest” Terraform Labs founder Do Kwon. According to an article published by Bloomberg, South Korean prosecutors in Seoul sent them a text message, confirming the international police organization’s issuance of a Red Notice for Kwon. Thus, acknowledging the charges Kwon faces in the country corresponding to Terra’s downfall.
Scorned LUNA and UST Users Hope to See Terra CEO Behind Bars
South Korea issues a warrant to bring Do Kwon to justice. The CEO of Terraform Labs and five others are presently in Singapore. Scorned LUNA and UST users worldwide hope to see Do Kwon behind bars soon. Amid the arrest warrant issuance from South Korea for Do Kwon, crypto users everywhere are hoping to see justice. Specifically, a scorned user on Reddit says that they would like to see someone make an NFT of Do Kwon behind bars so they can buy it. Many others chime in with enthusiasm for the same. In detail, a ruling in a South Korean
Terra (LUNA) Makes Dizzying 200% Surge Following LUNC Rally
LUNA price is seeing a 200% price surge only today. The LUNA pump follows LUNC’s phenomenal rally since last week. Some claim that LUNC whales have sold their position to make an entry in LUNA. Terra (LUNA) is currently making a dizzying price surge today, reaching up to almost $7, according to CoinGecko. Trading has become even more remarkable on Binance, as the price reached as high as $7.7 before simmering down to almost $6. This movement translates to a 200% increase since the last 24 hours. Interestingly, many in the crypto space were not anticipating this movement. As seen
Critics Warn Against LUNC as Fans Predict $0.001 Soon
In less than a week, LUNC has moved from $0.0001 to $0.00058 before experiencing a pullback. Detractors claim LUNC is a “scam,” while fans believe it will reach $0.001 soon. For clarity, LUNC and Terra (LUNA) are two different and mutually-exclusive cryptocurrencies. Critics have started to warn people against buying Terra Luna Classic (LUNC) amid a phenomenal short term rally. In just less than a week, LUNC has reached up to $0.00058 from a flat $0.0001. At the time of writing, LUNC is changing hands at $0.00050 per piece, according to CoinGecko. This translates to a whopping 24-hour and 7-day
Terra Luna Classic May Dip More Despite 131% 7-Day Pump
Terra Luna Classic (LUNC) has been rallying since the last couple of days. LUNC has reached $0.00044 before experiencing a correction at $0.00035. However, LUNC fans have advised others against buying LUNC recklessly. Terra Luna Classic (LUNC) fans have cautioned others against trading recklessly despite the jaw-dropping rally of 131% in the last 7 days. https://twitter.com/P2E_Daily/status/1567355834560299008 At the time of writing, LUNC is changing hands at $0.00036 per piece, according to CoinGecko. As mentioned above, this is a weekly gain of more than 130%. However, LUNC price was worth significantly more in the last couple of days. In detail, LUNC
Luna Classic Rallies Hard in Sep, What Is the Cause?
Terra Luna Classic (LUNC) has been pumping since the end of August. Recently, LUNC reached its ATH after its fateful rebranding on the Terra Classic blockchain. Binance will halt deposits and withdrawals via Shuttle Bridge starting September 7. Despite what appears to be a depressing crypto market today, Luna Classic (LUNC) faithfuls still have one more reason to be hopeful. Specifically, LUNC price has been pumping hard since the end of August. In fact, since LUNC started trading — after the rebranding — on major cryptocurrency exchanges such as Binance, the price has since exceeded its all-time high (ATH). As
