Luna


Policy

Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

The Luna/Terra founder will remain in the Balkan country “until a decision is made” on where to send him to face charges.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Terraform Labs Declares Bankruptcy in Delaware

Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes

The agency contends last week's court ruling that offerings from Terraform were securities should help make its case that the exchanges traded unregistered securities.

Chair Gary Gensler's U.S. Securities and Exchange Commission is weighing Hashdex's ETF application, which analysts suggest could have a leg up because of its novel approach.  (Jesse Hamilton/CoinDesk)

Policy

Terraform Labs' LUNA and MIR Tokens Are Securities, Judge Rules

A federal judge issued summary judgements siding with the SEC's arguments that Terraform had illegally sold unregistered crypto securities.

(Annie Spratt/Unsplash)

Policy

Do Kwon Faces Extradition to U.S. for Charges Tied to the TerraUSD and Luna Collapse: WSJ

The blowups of his UST and LUNA tokens fueled a crisis that gripped the whole crypto industry in 2022, causing losses that reverberated far and wide.

Do Kwon, whose TerraUSD and Luna tokens collapsed in 2022, fueling the crypto winter (Terra)

Markets

Tokens Linked to Terra Shoot 70% on Bitcoin Linking, Burn Program

These tokens have been among the strongest performers among the top hundred tokens by market capitalization in the past week.

(David Mark/Pixabay)

Policy

Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

The stablecoin issuer filed for summary judgment, asking the judge to toss the regulator's accusations that Do Kwon and his company engaged in a multi-billion-dollar securities fraud.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Finance

Terra Website Compromised; Developers Warn Against Phishing Scam

Terra warned its users to avoid using its website after being targeted by a phishing attack.

(NASA/Unsplash)

Markets

Trader Who Predicted Luna's Downfall Now Holds 450K MOON Tokens

The pseudonymous GCR likely bought 450,000 of the coins at an average price of 40 cents-45 cents, Loch Research's Prithvi Jhaveri said.

The trader who placed a $10 million bet on Luna's downfall now holds more than 450,000 MOON tokens. (Coingecko)

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