terrausd

  1. Hanno Labuschagne

    Court orders Do Kwon extradition to South Korea — US not happy

    Court orders Do Kwon extradition to South Korea — US not happy Prosecutors in the US will continue to seek extradition of former cryptocurrency mogul Do Kwon despite a ruling by Montenegro’s High Court to hand him over to his native South Korea to face charges over the $40 billion collapse of...
  3. Hanno Labuschagne

    Terraform Labs files for bankruptcy in the US as co-founder faces extradition for fraud

    Terraform Labs files for bankruptcy in the US as co-founder faces extradition for fraud The Terraform Labs Pte. digital-asset business co-founded by Do Kwon filed for Chapter 11 bankruptcy protection in the US. The company’s estimated assets and liabilities are both in the range of $100...
  4. Hanno Labuschagne

    Do Kwon to be extradited to face fraud charges

    Do Kwon to be extradited to face fraud charges Montenegro’s high court approved the extradition of crypto entrepreneur Do Kwon, who is sought by the US and South Korea on fraud charges. The justice minister will make the final decision on which country to extradite Kwon to, the court said on...
  5. Hanno Labuschagne

    Terra co-founder Do Kwon fled to Serbia — Reports

    Terra co-founder Do Kwon fled to Serbia — Reports Serbia has emerged as a likely location for crypto fugitive Do Kwon, the fallen 31-year-old entrepreneur facing charges in his native South Korea over the $60 billion wipeout of digital assets that he created. The prosecutors’ office in Seoul...
  6. Hanno Labuschagne

    Terra co-founder Do Kwon slapped with Interpol red notice

    Terra co-founder Do Kwon slapped with Interpol red notice South Korea said Interpol requested law enforcement worldwide to locate and arrest Terraform Labs co-founder Do Kwon, who faces charges related to the $60-billion (R1.08-trillion) wipeout of cryptocurrencies he created. Prosecutors in...
  7. Jan

    South Korea issues arrest warrant for Do Kwon

    Arrest warrant issued for Terra cofounder A court in South Korea issued an arrest warrant for Do Kwon, the founder of the Terraform Labs cryptocurrency ecosystem, whose implosion earlier this year sparked a global crypto rout. The court in Seoul issued a warrant for Do Kwon and five others on...
  8. Hanno Labuschagne

    Police raid home of Terraform Labs co-founder Daniel Shin

    Police raid home of Terraform Labs co-founder Daniel Shin South Korean prosecutors raided the home of Terraform Lab co-founder Daniel Shin, deepening a probe into allegations of illegal activity behind the collapse of stablecoin TerraUSD. A series of raids on crypto-exchanges and offices on...
  9. Jan

    Celsius files for Chapter 11 bankruptcy

    Cryptocurrency lender Celsius files for bankruptcy Cryptocurrency lender Celsius Network Ltd. filed for Chapter 11 bankruptcy, the latest casualty of a $2 trillion crash that has wiped out some of the industry’s biggest names and exposed hundreds of thousands of individual investors to steep...
    • Jan
    • Thread
    • alameda research alex mashinsky celsius ether (eth) ethereum lido lido staked ether (steth) luna sam bankman-fried (sbf) terrausd three arrows capital voyager digital
    • Replies: 2
    • Forum: Broadband and IT News
  10. Rual dV

    Coinbase lays off approximately 1,100 employees

    Coinbase fires 18% of workforce Coinbase Global Inc. announced Tuesday it will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value. The largest US digital-asset trading platform is following in the...
  11. Jan

    Celsius freezes withdrawals amid crypto market rout

    Cryptocurrency lender Celsius halts withdrawals Celsius Network Ltd. paused withdrawals, swaps and transfers on its platform, fueling a broader market selloff as traders continued to question the sustainability of high-yielding tokens in the wake of the Terra blockchain collapse. Celsius’s CEL...
  12. Jan

    Terra hasn't killed crypto, but it was a narrow escape

    Terra’s collapse could have taken all of crypto with it Speculation that the collapse of one of the biggest experiments in decentralized finance could bring about the death of crypto appears to have been overblown. If Terra’s implosion had happened after a few more months of growth, the...
  13. Jan

    Crypto-market panic subsides with prices, Tether stabilising

    Crypto calms to a panic On Wednesday, the implosion of the TerraUSD stablecoin kindled wide-spread panic in the crypto space. But 24 hours later, things have calmed down significantly. Terraform Labs halted, restarted and then halted again its Terra blockchain in the wake of the collapse of...
  14. Jan

    Terra blockchain halted after UST stablecoin de-pegs and LUNA price implodes

    Terra-Luna blockchain halted after price collapse The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day. Terraform Labs said in a tweet from their verified account that validators, the...
  15. Jan

    More than $200 billion wiped off cryptocurrency market in a day

    Crypto carnage A massive sell-off in cryptocurrencies wiped over $200 billion of wealth from the market in just 24 hours, according to estimates from price-tracking website CoinMarketCap. The broad plunge in the crypto complex, driven by the collapse of the TerraUSD stablecoin, hit major...
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