South Korea's Supreme Court has upheld a lower court ruling that TerraUSD and LUNA tokens aren't considered financial investment products under the Capital Markets Act, as reported by Korean newspaper Etoday ¹. This decision means TerraUSD and LUNA can't be classified as regulated securities, which will impact ongoing legal proceedings against Terraform Labs executives, including co-founder Shin Hyun-Seong. The post Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea's Supreme Court Rules appeared first on Cryptonews.

The verdict sets a key precedent that could influence future legal classifications of virtual assets in South Korea.

South Korea's Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products.

With this partnership, Trivago users now have the option to pay for their stays using BTC and ETH. They can also use dozens of other cryptocurrencies.

Travala, the leading Web3 travel platform supported by Binance, has entered a partnership with Trivago, one of the world's most popular accommodation metasearch engines. This new collaboration will provide travelers with the ability to book stays at over 2.2 million properties worldwide using both traditional currencies and cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Travala's own AVA token.

Leading crypto-native travel platform partners with trivago, a top global travel metasearch engine.

Leading Web3 travel platform Travala, has announced a major partnership with Trivago, a renowned accommodation metasearch engine.

Millions of Trivago users worldwide will be able to find, evaluate, and book Travala's properties thanks to the integration. Travala said this month that the company's 2024 gross yearly revenue of $100 million almost doubled that of the year before.

Travala has integrated its hotel listings with Trivago, allowing users of the global accommodation search platform to book stays using cryptocurrency. Travala Expands Reach Through Integration With Trivago The collaboration merges Travala's catalog of more than 2.2 million accommodations into Trivago's interface.

Travala, a crypto-friendly travel booking platform, has integrated with Trivago, enabling travelers to book over 2.2 million properties using more than 100 cryptocurrencies. The partnership marks another step toward mainstream crypto adoption in the travel industry.

Why are cryptocurrency payments gaining ground in tourism?

It follows integrations with Skyscanner and KAYAK, making Travala discoverable alongside leading travel agencies such as Expedia.

Travala, which is backed by the world's largest crypto exchange, Binance, is in talks with potential buyers after receiving a takeover approach late last year.

The platform will offer BTC and AVA rewards for cryptocurrency-based bookings on Trivago.

The crypto market just witnessed one of its worst crashes ever, with over $2.24 billion wiped out in liquidations within a single day, even surpassing LUNA and FTX collapses. Bitcoin plunged to $94,000, dragging the entire market into chaos, and leaving leveraged traders in ruins.

Crypto traders betting on higher prices just got wrecked. Over $2.2B in liquidations hit the market as Bitcoin fell to $91K and Ethereum crashed 20% in 24 hours.

The Terra Luna community has taken a decisive step to strengthen its ecosystem. In a recent governance vote, members overwhelmingly approved a proposal to burn unbacked Axelar assets.

Trump-linked merchandise sites have started accepting Donald Trump's meme token TRUMP for payments, increasing the altcoin's real-world use cases. According to Bloomberg, individuals can purchase goods from Trump-branded websites using TRUMP. They can use the meme coin to purchase sneakers and watches from GetTrumpSneakers.com, GetTrumpWatches.com, and GetTrumpFragrances.com.

Binance-backed online travel booking platform Travala.com, known for accepting crypto payments, is reportedly exploring an acquisition offer at a valuation of $100 million.

Discussions are at an early stage and the Binance-backed travel platform may decide to remain independent, people close to the matter said.

Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

Once again, rounds of insolvencies have entered the crypto space, with Thorchain being the most recent. The network has paused THORFI services, probably due to its financial uncertainty, which has circulated shock waves across the markets. The functions like swaps remain active while the lending operations are on hold.

Disgraced Terraform Labs co-founder Do Kwon will reportedly face trial in the US early next year. Bloomberg reports that New York District Judge Paul Engelmayer on Wednesday set the schedule of the trial, which will begin on January 26th, 2026 and is anticipated to last from one to two months.

Today's edition of the weekly recap includes top headlines of Do Kwon, Razzlekhan's new music video, Bitcoin's price slump, Bhutan's crypto reserve, and other trending news items.

Terra founder Do Kwon's criminal trial has been set. Here's what you need to know about the $40 billion collapse of TerraUSD and LUNA.

Former Terraform Labs co-founder Do Kwon's criminal trial for alleged fraud has been scheduled for January 2026 due to the need to process six terabytes of evidence and unlock multiple encrypted devices containing potential evidence in multiple languages.

US prosecutors have laid out their plans for discovery in the ongoing criminal case against Terraform Labs co-founder Do Kwon.

Do Kwon trial, related to the $40 billion TerraUSD collapse, is scheduled for January 26, 2026, in New York, with a trial duration of 4-8 weeks.

Do Kwon the former CEO of Terraform Labs, will face trial in the United States, but not until 2026 as decided in a Manhattan Court.

Do Kwon, founder of Terraform Labs, is officially heading to trial in January 2026. The charges?

Kwon's defense attorney's asked for a least a year to prepare for the case, given Kwon's additional legal issues outside the U.S.

U.S. prosecutors are set to review Do Kwon's emails, social media, and devices in preparation for his 2026 trial. Legal documents reveal covert recordings and extensive evidence linked to Terraform Labs' collapsed ecosystem, marking another chapter in the fallout from TerraUSD and LUNA. The post U.S. Prosecutors to Pour Over “Multiple Terabytes” of Do Kwon's Communications as Trial Date Set appeared first on Cryptonews.

The criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, is tentatively set for January 2026 in the United States.

Terraform Labs founder Do Kwon's criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.

The U.S. criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, has been scheduled to begin in January 2026. The decision was announced during an initial hearing in Manhattan, as prosecutors and defense attorneys prepare to review an extensive six-terabyte trove of evidence.

Do Kwon's trial on TerraUSD collapse charges is set for Jan 2026 in NYC. Prosecutors grapple with vast evidence and translation challenges.

Do Kwon's alleged schemes could have impacted more than 1 million victims worldwide, according to US prosecutors. US authorities extradited Kwon, the disgraced co-founder of the Terra (LUNA) ecosystem, late last month. Kwon faces fraud charges related to the multibillion-dollar downfall of Terra in 2022.

New court documents reveal that authorities plan to search through disgraced Terra (LUNA) founder Do Kwon's personal emails, social media accounts, financial records, and more. According to a new court memo, investigators say they will sift through massive amounts of Kwon's personal data to gather evidence against him.

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27.

In a latest development, The trial for Do Kwon is set for 2026 as lawyers navigate a massive trove of evidence. Do Kwon's criminal fraud trial in the U.S. is tentatively set for next January, giving both prosecutors and his defense team enough time to review the large six-terabyte data expected during the discovery process.

Prosecutors are currently working to unlock four of Kwon's cell phones provided by Montenegrin authorities.

As part of discovery proceedings, prosecutors said they would search the Terraform Labs co-founder's emails and Twitter account.

Court documents allege that Do Kwon's crypto ecosystem Terra may have affected over a million victims when UST and LUNA collapsed in 2022.

Do Kwon faces U.S. criminal charges as prosecutors allege his Terra ecosystem misled investors, causing over $40 billion in losses.

Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon's trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct.

U.S. prosecutors estimate that Do Kwon, co-founder of Terraform Labs, may have defrauded over one million victims globally, prompting the government to seek a public notice procedure to inform them of their rights under the Justice for All Act. The post U.S. Government Seeks Public Notice Procedure for Over 1M Victims in Do Kwon Fraud Case appeared first on Cryptonews.

Former Terraform Labs CEO Do Kwon faces up to 130 years in prison after being extradited to the US, where he pleaded not guilty to fraud charges related to the $40 billion Terra cryptocurrency collapse.