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Kwon or "someone under his direction" purportedly moved almost $30 million in crypto after the arrest in Montenegro and cashed out the funds.
June 9, 2023 16:15
Crypto Market News: As part of the Terra LUNA crisis related prosecution of Terra co-founer Daniel Shin, South Korea prosecutors are set to grill Shin on June 10, 2023. Earlier, CoinGape reported...
June 9, 2023 09:04
Breaking: Terra Classic’s Biggest v2.1.0 Parity Upgrade Proposal Officially Passed, LUNC To $1 | Coingape
The Terra Classic community showed unanimous support to pass the v2.1.0 Parity upgrade proposal submitted by the core developer group Joint L1 Task Force (L1TF). With the proposal now passed, the...
June 8, 2023 13:49
South Korean prosecutors allege Do Kwon has transferred crypto worth millions through a shell company or dummy company linked to Terra since his arrest by Montenegro authorities in March. The...
June 8, 2023 07:36
Do Kwon, the disgraced founder of the Terra LUNA ecosystem, which crashed last year in a $40 billion erosion of investors’ wealth, is likely to spend most of his life in the jails of South...
June 8, 2023 05:45
South Korean senior prosecutor Dan Sunghan says Kwon's extradition to South Korea makes better sense, but suggested Kwon could also serve time in the US too.
June 8, 2023 05:10
Terra Classic Passes Crucial Proposal To Revive LUNC, USTC Price To $1 After Parity Upgrade | Coingape
Terra Classic (LUNC) core developer team Joint L1 Task Force (L1TF) plan to work on TerraClassicUSD (USTC) repeg to $1 after the v2.1.0 parity upgrade is approved by the Terra Classic community....
June 7, 2023 14:05
Montenegro prosecutors on Wednesday filed an appeal against the Montenegro Basic Court’s decision to approve the bail request of Terra co-founder Do Kwon and former chief financial officer...
June 7, 2023 11:05
Breaking: Terra Founder Do Kwon Allegedly Have Political Ties – Montenegro Prime Minister | Coingape
Terra co-founder Do Kwon is alleged to have political ties with a political party leader in Montenegro. Outgoing Prime Minister Dritan Abazović, outgoing Justice Minister Marko Kovac, and the...
June 7, 2023 08:54
LUNC made an unexpected move despite everything being against it
June 5, 2023 17:00
Kwon and Joon will be placed under house arrest and monitored by the police.
June 5, 2023 11:04
Terra Luna Classic (LUNC) price skyrocketed 35% supported by a massive increase in trading volume. The rally came in response to Binance delisting the USDⓈ-M 1000LUNCBUSD Perpetual Contract, as...
June 5, 2023 07:06
Terra Classic core developer group Joint L1 Task Force (L1TF) officially released the proposal for the v2.1.0 upgrade for discussion and review on Commonwealth. It is one of the biggest upgrades...
June 3, 2023 12:01
The Montenegro Basic Court has approved Terra co-founder Do Kwon and former chief financial officer Han Chang-joon’s bail request for the second time on Friday, according to the lawyer...
June 3, 2023 07:13
Binance has consistently burned LUNC tokens
June 2, 2023 13:08
LUNC News: The Terra Classic community looking for various ways to revive LUNC and USTC prices to $1. The community currently votes on a signaling proposal claiming to revive LUNC price to $1....
June 2, 2023 11:35
The world’s largest crypto exchange Binance on Thursday burned 1.04 billion LUNC tokens in the 10th batch of the LUNC burn mechanism. The total LUNC burned by the crypto exchange as part of its...
June 1, 2023 14:35
Just-In: Binance Delists Terra Classic (LUNC) Perpetual Futures Contract, Selloff Coming? | Coingape
The world’s largest crypto exchange Binance on Thursday announces plan to delist and update the leverage and margins for the USDⓈ-M 1000LUNCBUSD Perpetual Contract. It is a surprising move by...
June 1, 2023 13:31
Terra Classic core developer Joint L1 Task Force (L1TF) on Wednesday unveiled professor Edward Kim’s AI app chain “Block Entropy.” The L1TF developer The Vinh Nguyen and project...
May 31, 2023 08:59
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.
May 29, 2023 19:30
LUNC News: Terra Classic core developer team Joint L1 Task Force (L1TF) on Monday said the developer group will assist Dapps with critical requirements before the CosmWasm v2.1.0 parity upgrade....
May 29, 2023 12:18
Terra Classic LUNC developer group Joint L1 Task Force successfully completed v2.0.1 in mid-May, the core developer group is now focused on v2.1.0, the CosmWasm rehearsal testnet upgrade, and...
May 29, 2023 11:11
Terra co-founder Do Kwon has reportedly hired world’s largest law firm Dentons to help him deal with prosecution and investigation by US federal prosecutors. It’s not the first time Do...
May 29, 2023 08:49
After burning nearly 2.5 billion Terra Classic (LUNC) tokens this month, decentralized finance protocol DFLunc shifted its focus to the highly awaited AI app chain “Block Entropy” by...
May 27, 2023 14:32
Do Kwon remains in jail, and the lower court will be forced to make another decision on his bail ruling.
May 25, 2023 04:35
Terra Classic Price Analysis: Amid the highly volatile market phase, the LUNC price remained in a sideways trend over the past two weeks. However, the daily chart shows this consolidation was...
May 25, 2023 04:12
Kwon and former chief financial officer Han Chong-joon reportedly lived in Serbia before they were caught trying to leave neighboring Montenegro using false documents.
May 24, 2023 17:21
A Montenegrin high court in Podgorica has revoked Terraform Labs co-founder Do Kwon’s bail. According to a May 24 Bloomberg report, a spokeswoman for the court Marija Rakovic said the court...
May 24, 2023 16:18
In a dramatic reversal, the Montenegro High Court has overruled a prior decision that permitted Terraform Labs co-founder Do Kwon, embroiled in a high-profile scandal, to be released on bail
May 24, 2023 16:07
Crypto News: According to recent reports, the bail approval of controversial crypto entrepreneur Do Kwon and his subordinate Han Chang-Joon has been scrapped by the Montenegro High Court. The...
May 24, 2023 15:24
Terra Classic core developer team Joint L1 Task Force (L1TF) announces plans to work on TerraClassicUSD (USTC) repeg to $1 after completing the CosmWasm v1.1.0 parity upgrade. The L1TF with work...
May 24, 2023 12:01
Top crypto exchanges Binance, Kucoin have already announced support for upgrade
May 23, 2023 16:25
The world’s largest crypto exchange Binance on Tuesday said it will support the Terra Classic network upgrade to increase the LUNC burn tax from 0.2% to 0.5% as per Proposal 11515 passed by...
May 23, 2023 05:49
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.
May 22, 2023 20:30
LUNC Price Analysis: A down-slopping trendline (yellow) governs the ongoing downtrend in Terra Classic (LUNC) price. Starting from the peak value of $0.000211 on Feb 3rd, the coin’s price...
May 22, 2023 19:13
Despite its rather short history, the cryptocurrency industry has gone through some real shockers. Here are some examples.
May 22, 2023 17:50
Terra Classic developer group Joint L1 Task Force (L1TF) has announced the official date of the CosmWasm v1.1.0 parity upgrade. It is one of the biggest upgrades since the Terra Classic community...
May 22, 2023 08:13
The Terra Classic developer Joint L1 Task Force (L1TF) successfully completed the v2.0.1 upgrade without any issues. Joint L1 Task Force developer group were joined by key members including core...
May 18, 2023 17:26
Crypto News: According to recent reports, the local prosecution team has contested the bail approval of controversial crypto entrepreneur Do Kwon and his subordinate Han Chang-Joon in the basic...
May 18, 2023 16:24
Case files on the prosecutors' appeal were sent to the Supreme Court in Podgorica for a decision.
May 18, 2023 08:44
Terra co-founder Do Kwon reportedly withdrew 2.8 billion won ($2.15 million) worth of digital assets before his bail was approved by a Montenegro court, according to reports by several South Korean...
May 18, 2023 06:53
Montenegrin prosecutors stand on Kwon's way to get released from detention.
May 17, 2023 12:08
The world’s largest crypto exchange Binance on Wednesday said it will support the Terra Classic v2.0.1 network upgrade and Kava 13 mainnet upgrade. The crypto exchange will suspend deposits...
May 17, 2023 08:52
According to recent court filings by the Securities and Exchange Commission (SEC), the Chicago-based firm Jump Trading LLC secretly propped up Terra (UST), the algorithmic stablecoin created by Do...
May 16, 2023 23:30
Four proposals related to increasing burn tax, LUNC burn, and staking were passed by the Terra Classic community. The proposals outline key changes including raising the LUNC burn tax to 0.5%,...
May 16, 2023 18:12
Pepe Coin contract has a burn functionality, which will reduce the circulating supply and boost the PEPE price. A project, which has been burning millions of Terra Classic (LUNC) in the last few...
May 16, 2023 12:50
Terra Classic new project DFLunc, gaining popularity for its massive LUNC burn mechanism, has burned almost 2 billion LUNC tokens in two weeks. The DeFi protocol was launched in April to deflate...
May 15, 2023 20:05
Last week was harsh for the United States Securities Exchange Commission, with industry figures and officials publicly criticizing the regulator.
May 15, 2023 14:27
Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a...
May 14, 2023 06:40
Jump Trading and its CEO Kanav Kariya are accused of violating United States regulations and unjust enrichment in the lawsuit.
May 13, 2023 18:00
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