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TERRA LUNA COLLAPSE
Jane Street's troubles shift from Nifty Bank to crypto. Is a bigger storm brewing?Jane Street faces a lawsuit for alleged insider trading linked to the TerraUSD and Luna collapse. The firm denies the claims, calling them ...- Terraform Labs approved for bankruptcy wind-down after US SEC settlementTerraform, which filed for bankruptcy in January, agreed to a $4.47 billion SEC settlement after a jury in Manhattan found the company liab...
- Terraform Labs files for bankruptcy protection in USSingapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 ...
- US SEC trial against Terraform Labs postponed to allow Do Kwon extraditionIn an order, US District Judge Jed Rakoff in Manhattan pushed back the trial to March 25 from Jan. 29, with no further delays even if Kwon ...
- Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated lawUS District Judge Jed Rakoff in Manhattan sided with the Securities and Exchange Commission in its case stemming from the implosion of the ...
- Do Kwon: South Korea's crypto 'genius' turned disgraced fugitiveAfter months on the run, the 31-year-old, whose full name is Kwon Do-hyung, was arrested Thursday in Montenegro after being caught trying t...
- Interpol issues red notice for crypto firm Terraform founder Do KwonTerraUSD, also known as "stablecoin," and its digital coin counterpart, Luna, traded in the 10 cent-range and nearly at zero, respectively,...
- Crypto lender Hodlnaut seeks to restructure under judicial managementHodlnaut, which last week suspended withdrawals, swaps and deposits, said it filed the petition with the Singapore High Court.
- South Korea prosecutors raid crypto exchanges, offices for Luna investigationInvestors have made fraud accusations against Korean developers Do Kwon and Daniel Shin, co-founders of blockchain platform Terraform Labs,...
- Crypto hedge fund Three Arrows Capital considers asset sales, bailoutThe ten-year-old hedge fund Three Arrows Capital, founded by Su Zhu and Kyle Davies, has hired legal and financial advisers to help it work...
- ‘No future:’ Analysts weigh in on new Luna token’s prospectsLuna 2.0 emerged out of the ashes of crypto entrepreneur Do Kwon’s ecosystem, which collapsed after the TerraUSD algorithmic stablecoin at ...
- TerraUSD developers vote to create new blockchain without failed stablecoinTerra backers will distribute the new Luna token to Luna Classic and UST holders. In a tweet, Terra said that it would work with crypto exc...
- Regulators must put up guardrails to protect crypto investors: IMF officialThe shocking implosion of the TerraUSD stablecoin and Luna cryptocurrencies last week threw many young investors into a panic.
- Terra aims to resurrect LUNA after clearing the rubbleOn Terra’s governance proposal portal, 80 per cent of eligible token holders that voted are pushing to rebuild the protocol, minus the algo...
- Crypto-loving South Koreans bet on Luna rising from ashes, worrying regulatorAs the sudden resurgence of buying crossed its radar, South Korea's Financial Services Commission warned people on Tuesday against investin...
- How a trash-talking crypto bro caused a $40 billion crashLast week, Luna and another currency that Kwon developed, TerraUSD, suffered a spectacular collapse. Their meltdowns had a domino effect on...
- Terra is working to revive LUNA. Will it revisit its old glory?The depegged stablecoin of Terra foundation, named UST, death spiralled below $0.15 from $1, wiping out more than $30 billion from the inve...
- Crypto mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporatedOver $15 billion worth cryptocurrency have been lost ever since the TerraUSD stablecoin crash.
- Major Indian crypto platforms delist stable coin TerraUST, Luna after collapse of Terra NetworkOn May 6, the token had been trading at $80 before the slide started. Alt coin Luna was popular with Indian crypto investors after rising f...
- 'Depegged' TerraUSD butchered LUNA; Terra plunged 97% in a monthThe token, which dropped 55 per cent on Tuesday, eroded another 85 per cent on Wednesday. In the last couple of days, it has wiped out abou...
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