Tag Archives: Terra USD

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Do Kwon – the disgraced crypto executive behind the Luna token and Terra USD – has pleaded not guilty to fraud and other crimes after he was arrested in the European nation of Montenegro last month while holding three phony passports. Do Kwon: I Haven’t Done Anything! Kwon was a fugitive for some time after his...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Prosecutors in South Korea have filed charges against Daniel Shin, the co-founder of Terraform Labs (the firm behind Terra USD) alongside Do Kwon, who was recently arrested while traveling through Europe. Daniel Shin Is Facing Charges in South Korea Shin is the man – aside from Kwon – who reportedly brought...

Do Kwon – the crypto executive behind the Terra USD collapse that occurred in the summer of 2022 – has been arrested and taken into custody. Do Kwon Has Reportedly Been Taken In Kwon has allegedly been a fugitive these past few months. He was apprehended in the European nation of Montenegro, where he was found to be holding phony passports and documentation. The country’s interior minister Filip Adzic issued the following statement: Montenegrin police have detained a...

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Despite falling prices and the overall dying positions of the crypto space, bitcoin bull and gazillionaire hedge fund manager Mike Novogratz recently commented that bitcoin is still a solid asset that’s worth holding. Mike Novogratz Remains Loyal to BTC The crypto space has been suffering heavily over the past few months. The world’s number one digital currency by market cap, for example, reached a new all-time high of more than $68,000 per unit ten months ago in...

The International Monetary Fund (IMF) is concerned about the crypto space after the collapse of both Luna and Terra USD. The IMF Is Worried About Ongoing Crypto Use The latter was an algorithmic stable currency that lost its peg a few months ago. This resulted in not only the coin and its sister asset Luna collapsing completely, but investors ultimately losing billions of dollars overnight. The IMF said in a recent interview that this likely won’t be the only time...