Terra


Vídeos

South Korea To Invalidate Terra Founder Do Kwon’s Passport

CORRECTION: Since publication, the reporting and headline of Celsius executives withdrawing crypto has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million. CoinDesk's Nikhilesh De also discusses the latest developments surrounding South Korean officials announcing it would invalidate Terra creator Do Kwon's passport.

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Finanzas

Judge Dismisses Arrest Warrant for Terra's Head of General Affairs Yu: Report

The arrest comes after the country invalidated Terra co-founder Do Kwon's passport.

The Netherlands has arrested a developer of Tornado Cash. (Shutterstock)

Regulación

Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says

Do Kwon has 14 days to return his passport, according to a notice on a government website.

Do Kwon. (CoinDesk)

Finanzas

Do Kwon Denies Report That South Korean Prosecutors Froze $39.6M of His Crypto

"I don't know whose funds they've frozen, but good for them, hope they use it for good," he tweeted.

Terraform Labs CEO Do Kwon on CoinDesk TV in December (CoinDesk)

Mercados

Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data

Binance’s scheme destroyed only 0.08% of LUNC’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token.

(Wikimedia Commons)

Regulación

Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report

Mashinsky resigned as CEO on Sept. 27; the company filed for chapter 11 bankruptcy protection in mid July.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Vídeos

Terraform Labs Fires Back at South Korea’s Arrest Warrant for Do Kwon: Report

Terraform Labs said South Korean prosecutors overextended their authority in seeking an arrest warrant for CEO Do Kwon, according to a report in the Wall Street Journal, citing a statement from Terraform. “The Hash” hosts discusses the latest developments surrounding the Terra ecosystem.

CoinDesk placeholder image

Finanzas

Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report

A Terraform spokesperson claimed its luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital markets law.

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV screenshot, modified by CoinDesk)

Tecnología

Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin

Collateralized USDC is assuming a role formerly held by Terra’s algorithmic UST stablecoin – raising questions as to whether decentralized finance can mature with decentralized money at its core.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finanzas

Luna Crypto Investors Failed to Appreciate the Risks, Galaxy Digital's Novogratz Says

“When a token goes from 20 cents to $100 and you don’t take profit, that’s lunacy,” the CEO of Galaxy Digital said.

Luna's retail investors lacked a risk management methodology, Mike Novogratz said. (Sam Reynolds/CoinDesk)