Do Kwon, the founder of Terra, has been wanted to be arrested by regulators all around the world. A number of lawsuits have been brought against the executive, reportedly holding him responsible for the destruction of the Terra ecosystem’s two cryptos, UST and LUNA. Along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias, […]
terra
Conflicts Over Terra Token Treatment Due To Lack Of Regulations
The collapse of Terra happened months ago. However, the aftereffect is still present in the crypto-hallways. verse’s The South Korean authorities are currently making every attempt to apprehend Do Kwon, the project’s originator. Authorities in South Korea are having difficulty compiling a compelling case against the token’s founder Do Kwon. According to a Bloomberg story, […]
Here’s Why These Terra Case Witnesses Are About To Face Prison-Time
Kim Seo-Joon, a significant witness called to testify in the Terra parliamentary inquiry, did not appear, citing “extreme stress,” according to the local South Korean news outlet Korea Economic Daily. Seo-Joon is the CEO of the venture capital firm Hashed and a pioneering investor in Terra (LUNC, formerly LUNA). Seo-Joon stated “extreme stress” as a […]
Terra’s Do Kwon Has Reportedly Left for Dubai
Terra’s Do Kwon seems to be in a wave of trouble. Forkast verified with South Korean prosecutors that Kwon Do-Hyung, the co-founder and CEO of Terraform Labs Pte Ltd., also known as Do Kwon, departed Singapore last month and arrived in Dubai, United Arab Emirates. Given that there are no records of Kwon entering the […]
Do Kwon Apologizes To Terra Investors In A Rare Interview
Do Kwon, the founder of Terra, made a long-awaited appearance in an exclusive interview on October 18 with renowned author and crypto journalist Laura Shin. Since the Terra Blowout in May this year, Shin, host of the Unchained podcasts, has posed some challenging questions to the evasive founder. The stablecoin UST and crypto asset LUNA […]
Terra’s Do Kwon Will Likely Be Deported After His Passport Is Invalidated
Do Kwon seems to be sailing through never-ending rough waters. The inquiry into the Terra-Luna issue is being closely watched as Kwon Do-Hyung, CEO of Terraform Labs will have his passport invalidated on October 19. He will be considered an illegal immigrant and be susceptible to deportation if his passport is canceled. Recently, the prosecution […]
Terra’s Do Kwon at the Risk of Losing His Passport
Do Kwon and Terra have been the most talked-about subjects in the cryptocurrency sector since May. The sad failure of the billion-dollar company was one of the main incidents in the crypto industry. Investors lost millions of dollars due to this catastrophic fall. On the market as a whole, the same had a variety of consequences. It […]
Terra: Do Kwon’s Associate Listed As A Witness Before Audit Committee
Terra’s co-founder and developer Daniel Shin along with representatives of the digital asset industry would bear witness before South Korea’s financial audit committee in the upcoming annual state audit, local sources reported. According to reports, witnesses for a three-week parliamentary audit beginning on October 4 will include Tchai Holdco general manager Shin Hyun-Seung, DSRV Labs […]
Terra: Authorities Freeze “Suspicious” Transactions Worth $67M related to Do Kwon
Terra’s CEO Kwon Do-Hyung a.k.a Do Kwon who has an arrest warrant is now at the receiving end of the authorities. As per local sources, South Korean prosecutors have frozen 3,313 BTC that was suddenly transferred to two overseas digital asset exchanges. As of 1 pm on September 27th, there had been a significant quantity […]
Terra’s Do Kwon Assures That He Is Not Making Any Efforts To Hide
Since May, Do Kwon and Terra have been the crypto industry’s most popular topics. One of the major events in the cryptocurrency world was the tragic collapse of the billion-dollar business. Millions were lost by investors during a difficult period. The same has a variety of effects on the market as a whole. Recently, it was […]