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news-imageDecember 23, 2024

SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST's advertised algorithm solely sustained its price.
Publisher: CryptoSlate
Sentiment: Negative
LUNA

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Neutral
cover-imageBitcoin
December 26, 2024

Do Kwon Extradition: Montenegro Court Upholds Ruling, US or South Korea Awaits

A Montenegrin court upheld the extradition of Do Kwon, founder of Terra Labs. The U.S. and South Korea both requested extradition, and a Montenegro minister will decide which country gets him. Montenegro Minister to Decide Do Kwon's Next Destination The Montenegrin Constitutional Court unanimously dismissed jailed Terra Labs founder Do Kwon's appeal against his extradition.

Positive
cover-imageInvezz
November 30, 2024

Binance increases Terra Luna's (LUNA) trading leverage by four times

Binance has again extended its care for the Terra community following Terraform Labs' bankruptcy. According to the latest announcement, the leading crypto exchange has expanded leverage for trading LUNA by four times. Binance raises LUNA leverage to 75x The Terra Luna community sees more bullish news amid continued broad market rallies.

Negative
cover-imageCoingape
October 17, 2024

Montenegro Discloses Next Step In Terra Luna Do Kwon's Extradition

According to Montenegrin media reports, Do Kwon's extradition process may soon conclude, with a decision expected by Sunday, Oct. 19. On October 17, Minister of Justice Bojan Bozovic confirmed that the government chose the destination for extraditing the Terraform Labs co-founder, whom both the US and South Korea want on charges related to cryptocurrency fraud.

Negative
cover-imageBitcoinist
October 17, 2024

Do Kwon Reportedly Conducted Crypto Transactions From Prison For More Than 2 Months

In a developing story surrounding Do Kwon, the co-founder of the collapsed Terraform Labs blockchain, new investigative reports suggest he may have conducted cryptocurrency transactions while in custody in Montenegro. This revelation follows a lengthy period during which authorities reportedly took 72 days to seize his electronic devices and wallet access codes after his arrest.

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