Terra
Ripple Ruling on Crypto Rejected by Federal Judge in Terra Case_ Cryptured.
Uncertainty around cryptocurrency regulation increased when a federal judge in New York disagreed with another judge who had earlier this month determined that a Ripple Labs coin was not a…
Alleged TerraUSD Price Manipulation Ending With $1.3B Lawsuit Against Jump Trading
Following the dramatic collapse of the stablecoin, Jump Trading has been accused of trying to manipulate the price of TerraUSD (UST). Taewoo Kim, a resident of New Jersey, filed the…
FTX.US’s Former Executive Gets Support From Coinbase and Circle Ventures.
Brett Harrison, the former president of FTX.US, has received support from Coinbase and Circle Ventures for a new project – Architect. He has managed to raise $5 million in funding…
Prosecutors in Korea Charge Terra and Luna’s Creator With Pricing Manipulation.
According to local news from South Korea on November 3, 2022, Do Kwon and a partner are suspected of manipulating the price of LUNA, Terra’s native cryptocurrency, according to evidence…
Terra Classic Sees Drop in Price Because of Increased Selling Pressure.
Because of increased selling pressure, the value of Terra Classic has experienced a significant price drop. A day ago, the altcoin recorded a slump of almost 13% over the last…
2022 Recorded Bitcoin Lose Over 60% of its Value, Brutal Year for Crypto Market.
2022 has indeed been a brutal year for the cryptocurrency market as Bitcoin lost over 60% of its value. James Royal, the principal reporter at Bankrate, said many Americans are…
South Korea Freezes $104 million Worth of Assets Belonging to Terraform Labs.
The Seoul Southern District Court in South Korea gave the green light to freeze around $104 million worth of assets belonging to Shin Hyun-seung (Daniel Shin), the co-founder of Terraform…
Arrest Warrants for Terra Co-founder Set Aside by South Korean Judge.
A South Korean judge reportedly set aside arrest warrants for Terra co-founders Shin Hyun-seong, three investors, and four developers. Judge Hong Jin-Pyo outlined there was little risk of Shin or…
Terra Classic Supporters Believe USTC Can Regain Peg.
With Terra’s algorithmic stablecoin UST changing hands at $0.02 per unit, some Terra Classic supporters are waiting for USTC to regain its $1 peg. UST crashed in May when Terraform…
Terraform Labs’ Do Kwon To Face $57 million Lawsuit in Singapore.
A lawsuit worth $57 million awaits Do Kwon, the co-founder of Terraform Labs, and Nicholas Platias, the founding member of Luna Foundation Guard (LFG) and Terra. According to court documents,…
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