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Terraform Labs co-founder Do Kwon is reportedly in Serbia. Reports earlier in the year stated that Kwon could be in Dubai.

Terraform Labs founder Do Kwon is reportedly hiding from jail in Serbia after fleeing from Singapore

As per the latest developments, Terra founder and crypto fugitive Do Kwon has moved to Serbia as per the latest investigation by South Korean authorities. Since the collapse of the Terra ecosystem in May 2022, Do Kwon has been in hiding.

South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea.

South Korean officials have asked Serbian assistance in bringing him back to face prosecution. The 31-year-old relocated to Singapore before the Terra ecosystem collapsed.

According to a report published on Wednesday,  federal prosecutors in the United States are investigating FTX founder Sam Bankman-Fried for the manipulation of two cryptocurrencies earlier this year. They have begun an investigation to investigate whether or not Bankman-Fried manipulated the prices of TerraUSD and Luna to benefit FTX and its associate trading firm, Alameda The post Was Twitter Influencer “FatMan” Secretly Linked To SBF For Attacking This Crypto?

43% of the US participants in the survey currently have a negative view of digital currencies, while just 8% are supportive of them.

Since May 2022, LUNC has been at the heart of the crypto market's problems. It is once again among the worst-hit coins in the year's second crypto crash.

In almost identical statements—one to the NYT and another on Twitter—the former FTX CEO denies trying to make UST and USDT lose their pegs to the dollar.

Federal US prosecutors are reportedly looking into the potential link between former FTX CEO Sam Bankman-Fried's fallen crypto empire and the downfall of stablecoin issuer Terra (LUNA).

3AC co-founder Kyle Davies said that the fund took a hit on Luna and was squeezed in the aftermath, but it was FTX that dealt the death blow. The post Three Arrows Capital co-founder says it wasn't luna that took it out, but FTX appeared first on The Block.

Former FTX CEO Sam Bankman-Fried said there's no evidence that Alameda crashed luna to take down Three Arrows Capital.  The post Bankman-Fried rejects claims that Alameda crashed luna to sink 3AC  appeared first on The Block.

The Terra Luna Classic price has dropped by 0.5% in the past 24 hours, with its current level of $0.00017176 representing a 2% increase in the past week and a 6% jump in the past fortnight. However, with its community still debating future improvements, and with the FTX collapse still weighing down sentiment, LUNC has dropped by 10% in the last 30 days.

SBF's attempts at whitewashing his image may have finally come to a dead end.

Do Kwon has accused FTX's founder Sam Bankman-Fried and Alameda Research of manipulating the market, leading to the collapse of TerraUSD in May.

Following the ongoing investigations concerning the demise of FTX, previously one of the largest cryptocurrency exchanges, prosecutors are also weighing the possibility that the founder of FTX, Sam Bankman-Fried (SBF), could be responsible for Terra's collapse, which wiped out over $40 billion in market capitalization.

Before FTX filed for bankruptcy, it was under investigation by the U.S.

According to recent reports, federal prosecutors are investigating whether Sam Bankman-Fried, the founder of FTX, manipulated the market for two cryptocurrencies this past spring, causing their demise and setting off a chain reaction that ultimately led to the collapse of his own cryptocurrency exchange last month.

There is a group called the Terra Rebels whose goal is to restore the natural environment of Terra Classic. On Twitter, a member by the name of Architect123 recently updated the community on the most recent developments in the ecosystem.

Bankman-Fried could have supposedly played a role in the crash of UST and LUNA.

After wiping billions of dollars worth of investor money in May this year, Terra's twin collapse of its stablecoin (UST) and its native token after losing its dollar peg heightened the ongoing bearish fire in the crypto market.

The giant fall that slashed the Terra (LUNA) price to half during the first few days of November continues to prevail as the prices remain within the bearish influence. At the same time, the volume also has dropped significantly which has also hindered the rally to a larger extent.

The Justice Department is said to be looking into whether Alameda Research unleashed trades designed to drive down the price of LUNA, accidentally causing the market to collapse.

Terra co-founder Do Kwon on Thursday blamed former FTX CEO Sam Bankman-Fried and Genesis for the Terra-LUNA crisis. He strongly believes that Genesis Trading provided $1 billion in TerraUSD (UST) stablecoins to Sam Bankman-Fried or Alameda before the UST depeg.