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news-imageDecember 4, 2023

Binance's New Listings Fuel Terra Classic Surge: A Detailed Exploration

In a recent move destined to set the crypto world abuzz, Binance, the renowned global cryptocurrency exchange, has unveiled the addition of several new trading pairs, igniting a significant surge in the value of Terra Classic (LUNC). As crypto enthusiasts eagerly anticipate these market-altering changes, let's delve deeper into the intricacies of Binance's strategic maneuvers and their profound effects on the Terra Luna Classic community.
Publisher: The Currency Analytics
Sentiment: Positive
LUNC

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DOJ Memo Won't Affect Do Kwon Criminal Case, Say Prosecutors

U.S. prosecutors confirmed that a recent Department of Justice (DOJ) memo narrowing crypto-related enforcement will not impact the criminal case against Do Kwon, co-founder and former CEO of Terraform Labs. During a Thursday hearing in the Southern District of New York, Judge Paul Engelmayer asked if Deputy Attorney General Todd Blanches internal memo would affect charges against Kwon.

Negative
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Is Terra Classic (LUNC) dead?

Known for its long-term volatility and for missing out on the 2024 bull market since early March, Terra Classic (LUNC) is once again drawing attention as the next U.S. court hearing involving Terraform Labs co-founder Do Kwon approaches on April 10.

Neutral
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Terraform Labs to open loss claims portal on March 31

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court's approval for Terraform Labs to wind down operations.

Neutral
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Terraform Labs launches claims portal: check details

Terraform Labs has launched an official claims portal for victims of the TerraUSD (UST) collapse, enabling creditors to seek compensation for their crypto losses linked to the failed Terra ecosystem. The move follows the company's court-approved bankruptcy wind-down plan and a $4.47 billion settlement with the US Securities and Exchange Commission (SEC). Terraform's portal, claims.terra.

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