Tag: terra

The distinction between cryptocurrencies and traditional financial instruments has sparked intense debate among market participants and regulators. The US Securities and Exchange Commission (SEC) has taken a leading role in this discussion, largely due to its responsibility for overseeing securities regulation.

The U.S. Securities and Exchange Commission (SEC) released an indictment accusing Terraform Labs and CEO Do Kwon of conspiring to defraud billions of dollars using crypto assets and securities, leading to a crash that caused $40 billion in damage.

Cryptory.net - Terra founder Do Kwon is believed to be in Serbia, South Korea is in the process of requesting cooperation from the Serbian government.

Cryptocurrency lending platform BlockFi is the latest name in the crypto space to collapse after filing for Chapter 11 bankruptcy.

Cryptory.net - The South Korean government has given Do Kwon 14 days to return to the country, otherwise his passport will be revoked.

Cryptocurrency exchange Binance completed the first burn of Terra Classic tokens’ transaction fee following the suggestion of the community in September.

Cryptory.net - More than 3,000 Bitcoin was transferred to digital wallets of crypto exchanges right after an arrest warrant was issued.

Cryptory.net - “I’m writing code in my living room. I’m making zero effort to hide”, said Do Kwon.

Cryptory.net - Where is Do Kwon now? - No one knows.