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    Tag: do kwon

    Binance.US Faces Class Action Lawsuit for Misleading Investors about Terra

    Community
    Cryptory.net - A class action lawsuit against the exchange Binance.US related to the collapse of Terra occurred unexpectedly earlier this week.

    Anchor Dev Revealed Truth Behind Terra Collapse

    Community
    Cryptory.net - As revealed by an Anchor dev, Terra arbitrarily changed the UST interest rate from 3.6% to 20% right before launch to attract investors.

    Terra’s Mirror Protocol Suffers New Exploit, Threatening to Drain Liquidity

    News
    Besides Anchor Protocol, the Mirror Protocol is the next project to have oracle issues after the launch of Terra 2.0.

    After Do Kwon, All Terraform Labs Staff Face Government Investigations

    Community
    Cryptory.net - Korean authorities are reportedly summoning all Terraform Labs employees to extend the investigation.

    Do Kwon Accused of Setting up Mirror Protocol to Scam the Retail Investors

    News
    The founder of Terraform Labs is allegedly involved in a scam to secretly sell MIR tokens.

    Terra-Luna Revival Plan from Founder Do Kwon Approved

    Community
    Cryptory.net - With more than 65% of all voters support, Do Kwon’s plan to revive the collapsed Terra ecosystem has been approved.

    Avalanche Ready to Work with Luna Foundation Guard Due to AVAX Dump Concerns

    Community
    Cryptory.net - Avalanche said it is always ready to work with Luna Foundation Guard on a “sensible trading strategy” if the organization makes an AVAX sale.

    Terraform Labs Reportedly Fined $78M for Tax Evasion

    Community
    Cryptory.net - After the collapse of Luna, Terraform Labs as well as Do Kwon had to face a lot of trouble.

    Terra Community Strongly Opposes Do Kwon’s Fork Proposal

    Community
    Cryptory.net - 90% of the participants in the preliminary vote opposed Do Kwon's fork proposal.
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