#TERRA News

Crypto fugitive Do Kwon arrested in Montenegro after $40B TerraUSD collapse
nypost.com Do Kwon, the fallen crypto kingpin who oversaw the catastrophic $40 billion collapse of two digital currencies last year, was arrested in Montenegro on Thursday and slapped…

Do Kwon Faces New Charges in U.S. and Montenegro
cryptobriefing.com Do Kwon is being accused by U.S. prosecutors of committing commodities fraud, securities fraud, wire fraud, and engaging in market manipulation. Yesterday the United States…

SHIB Trading Pair Delisted by Binance.US, Terra’s Do Kwon's Arrest Confirmed by Officials, Shibarium Documentation Completed: Crypto News Digest by U.Today
u.today Take a look at what happened in the world of crypto by reading U.Today’s top four news stories. In a recent Twitter announcement, stated that it will remove and cease…

Terraform Labs co-founder Do Kwon's arrest ends six-month manhunt
qz.com The co-founder of Singapore-based crypto fintech firm Terraform Labs was detained in Montenegro yesterday (Mar. 23). Do Kwon was wanted by the South Korean police, the US…

Will arrested Terra founder Do Kwon be extradited to the US or South Korea?
protos.com Interpol has confirmed that Terraform Labs founder Do Kwon has been arrested in Montenegro’s capital city airport attempting to board a plane to Dubai with falsified Costa…

Terra-Luna Coins Founder Do Kwon Charged With Fraud By U.S. Prosecutors
forbes.com Do Kwon, the crypto mogul behind the high yielding stablecoin TerraUSD and its companion token Luna, which collapsed last year and wiped out nearly $40 billion from the…

US, South Korea both seek Do Kwon’s extradition to face charges
techcrunch.com Do Kwon, the founder of Terraform Labs, which operated the so-called TerraUSD stablecoin and its sister token LUNA, was arrested in Montenegro Thursday morning after months…

Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
coindesk.com Thai crypto exchange Zipmex's $100 million venture capital buyout could be in jeopardy after the investor missed a $1.25 million payment, Bloomberg reported on Friday. The…

Terra Founder Do Kwon Arrested in Montenegro, Interior Minister Says
financemagnates.com Do Kwon, the Co-Founder of the collapsed stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been…

Former Crypto Star Arrested After Months on the Run
thestreet.com Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local…

SEC clamps down on Coinbase and Tron, while Do Kwon is arrested overseas
techcrunch.com To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain…

Founder Do Kwon Arrested in Montenegro: Report
dailyhodl.com The disgraced founder of embattled stablecoin issuer Terra (LUNA) has reportedly been arrested in Montenegro after months of being on the run. According to a new report by…

Fugitive Crypto Executive Found Hiding in Balkans
thestreet.com Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local…

Terra creator Do Kwon reportedly arrested at Montenegro airport
techcrunch.com Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official. On Thursday morning, Filip Adzic, the minister…

Breaking: Montenegro officials arrest man suspected to be Terra founder
ambcrypto.com Authorities in Montenegro – a Balkan country – have arrested a man who could potentially be Terra’s founder – Do Kwon. The news was announced by the interior minister of…

“Enemy of My Enemy is My Friend”
thecryptobasic.com Ripple Counsel Reacts To Potential SEC Lawsuit Against Coinbase, As Coinbase becomes the SEC’s latest target. Ripple Chief Legal Officer Stuart Alderoty has reacted to…

Fox Journalist Draws Focus to SEC v. Ripple Case as Pundits Predict Near Verdict
thecryptobasic.com Terrett says a ruling in the case could come at a critical time for the crypto industry. FOX Business Journalist Eleanor Terrett recently drew attention to the United States…

Terraform Labs’ Daniel Shin again questioned by South Korea prosecutors
forkast.news Terraform Labs co-founder Shin Hyun-seung, also known as Daniel Shin, was called in for questioning by South Korea’s prosecutors on Monday as part of an investigation into…

NFT Market Faces Long-Term Challenges to Growth
beincrypto.com The NFT market looks to be moving on from the turbulence of 2022. But the industry still faces significant long-term barriers to growth this year, involving security, UX,…

California's unprecedented snowfall seen from space: 'Absurd'
newsweek.com The massive amounts of rain and snow that have drowned California this month due to several atmospheric river storms have been captured in pictures taken from space. The…

21Shares Halts Several Crypto Products Citing Decreased Interest (Report)
cryptopotato.com The Switzerland-based crypto ETP issuer – 21Shares – will reportedly terminate five of its funds and delist another one due to low interest from investors. Arielle…

Why Kevin O'Leary Says Investors Have Moved Away From Crypto
fool.com Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t…

Price Prediction 2025-2030: DOGE doesn’t need MUSK, here’s why
ambcrypto.com Although the pioneering memecoin Dogecoin (DOGE) is recording losses on multiple charts, its community still holds a bullish attitude and expects the digital asset to…

Price Prediction 2025-2030: LUNA’s future depends on this factor
ambcrypto.com It has now been nearly ten months since the crypto project Terra Luna experienced a catastrophic collapse in May last year. Later, FTX collapsed and recently, the…

Goldman Highlights Bitcoin as Best-Performing Asset
u.today Bitcoin has emerged as the top-performing investment asset in year-to-date returns and risk-adjusted performance, outpacing traditional sectors such as technology and gold…

Bitcoin Is Now Directly Correlated With The US Dollar
newsbtc.com In the ongoing banking crisis in the United States, the US Dollar (USD) appears to correlate directly with Bitcoin. Bitcoin Positively Correlates With USD According to…

21Shares Delists Terra ETP, Terminates 5 Other Crypto ETPs Amid Low Investor Demand
bitcoinist.com 21Shares is set to delist its Terra exchange-traded product (ETP) and pull the plug on five other cryptocurrency ETPs, citing a lack of investor interest. The move comes as…

Terra Classic Based Terraport Releases Roadmap
thecryptobasic.com According to the launch roadmap, the team plans to release Terraport V1 on March 31, three days after the token distribution event. Terraport, a Terra Classic (LUNC) DeFi…

Web3 Games Are Huge in Asia, So Why Haven’t They Taken Off in the US?
observer.com Video games that incorporate blockchain technology—called Web3 games—have gained popularity in Asia, but Western gamers are proving skeptical. Some experts think it’s only a…

KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?
coindesk.com CNHC is pegged 1:1 with the offshore yuan, known by its abbreviation CNH to differentiate it from China’s onshore yuan, which goes by CNY. Reserves for the CNH are kept at a…

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
bitcoin.com and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed…

Telegram chats by Jane Street and Jump Crypto staff probed in Terra case
protos.com Manhattan federal prosecutors have allegedly slid into the DMs of employees at Jane Street and Jump Trading to determine if market manipulation occurred in the collapse of…

FBI investigating the collapse of Do Kwon’s Terra-Luna, WSJ reports
forkast.news Former employees of Terraform Labs, the company behind the Terra-Luna stablecoin that collapsed in May last year, are being questioned by the Federal Bureau of Investigation…

US Prosecutors Are Digging Into Group Chats on Terra Bailout
bnnbloomberg.ca US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group about a potential bailout of the…

Recent contagion was 'TradFi to crypto' and not vice versa
cointelegraph.com Caroline Hill, the director of global policy and regulatory strategy for stablecoin issuer Circle, has placed some of the blame from the recent collapse of banks tied to…

Insider or Smart Trading? Here’s How 15 Addresses Made $71.2M via SHIB & ETH
watcher.guru The cryptocurrency industry has witnessed immense growth over the last couple of years. A plethora of coins entered the market and adoption was in full force. Meme coins…

Price Prediction 2025-2030: LUNA’s price will have to wait unless…
ambcrypto.com Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. It has…

Price Prediction 2025-2030: Musk or not, there may be trouble for DOGE
ambcrypto.com Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The…

Binance’s CZ Speculates a Coordinated Effort to Shut Down Crypto-Friendly Banks is in Play
watcher.guru 2022 witnessed it all. From the catastrophic fall of Terra in May to the fall of FTX in November 2022, the cryptocurrency realm went through a slew of unfortunate events.…

USDC Is In Trouble, But It Won’t Go To Zero Like UST Did
newsbtc.com USDC, the stablecoin tracing the USD, is under immense pressure as users rush to convert to other assets, including BUSD by Paxos and USDT by Tether Holdings. USDC Has…