Terraform Labs' Do Kwon set to be extradited to the U.S., according to local media
Terraform Labs co-founder Do Kwon will be headed to the U.S. where he faces fraud claims that led to devastating losses for U.S. investors.
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Terraform Labs co-founder Do Kwon will be headed to the U.S. where he faces fraud claims that led to devastating losses for U.S. investors.
TL;DR Do Kwon will be extradited to the US after Montenegro rejected South Korea's request. Priority at US request highlights importance of diplomatic relations. Case includes forged passports, highlighting need for stricter cryptocurrency regulations.
Montenegro Supreme Court rules to extradite Terra's Do Kwon to the US, rejecting South Korea's request and highlighting legal and political factors.
In a landmark decision, Montenegro's Podgorica High Court has green-lighted the extradition of Do Kwon, the erstwhile CEO of Terraform Labs, to the United States.
In this article, we highlight the top 3 DeFi tokens that show promising potential for significant growth in your investment portfolio during the upcoming bullish market trend.
The Decentralized Financial (DeFi) tokens have recorded a significant uptrend in recent times, indicating a bullish sentiment for these tokens in the market. Further, top DeFi tokens displayed massive price action, resulting in this category gathering huge attention from the crypto market.
Terra Luna Classic (LUNC) saw a remarkable surge of over 415% in Q4 of last year, peaking at $0.00028 in December. However, this rally was followed by a steep correction, with LUNC dropping by 68% to $0.000087 in January 2024.
After exploding by more than 415% in Q4 last year, LUNC price peaked at $0.00028 in December. What followed this outstanding rally was an equally strong correction, with Terra Luna Classic falling by 68% to the lowest point in 2024 at $0.000087 in January.
The Terra Classic (LUNC) community is making a move to take another massive quantity of digital currency out of circulation in line with its deflationary or burning campaign. The 800M USTC Burn Proposal According to a Proposal submitted by Fragwuerdig, the developers are looking to part away with the 800 million USTC domiciled in the
Amid the waning bullish momentum, the crypto market is witnessing high volatility which triggered a consolidation phase in the majority of major coins. Thus, the Terra Classic price stalled its recovery at $0.000137 resistance, projecting an early sign of bearish reversal.
The Terra Luna Classic community votes on another proposal related to changing the minimum deposit as spam proposals continue despite increasing minimum deposit amount from 1 million LUNC to 5 million LUNC in September last year. Terra Luna Classic Setting Minimum Initial Deposit to 1M LUNC Proposal 12071 “Set the Minimum Initial Deposit to 1M
The LUNC proposal 12059 has sparked concerns among contributors like @Genuine__Labs, Tax2Gas team, JL1TF, and others due to its ambiguous stance on liabilities.
The Tax2Gas proposal aims to streamline the handling and calculation of taxes on Terra Classic by incorporating the tax directly into gas fees. This approach eliminates the need for separate tax handling processes.
Terra Luna Classic community votes on the key Tax2Gas proposal, which major step in the revival of LUNC and repeg USTC to $1. The proposal seeks implementation of the Tax2Gas approach on Terra Classic in collaboration with popular developer StrathCole and developer group Genuine Labs.
The Terra Luna Classic community approved adding CertiK as a KYC provider for developers, aiming to enhance security. Developers must undergo KYC verification before starting any significant work on the platform.
The Terra Luna Classic community has approved a crucial proposal to add one of the leading blockchain audit and on-chain monitoring firm CertiK as a recognized KYC provider for Terra Classic developers. A proposal was passed earlier to boost security measures, requiring L1 developers to complete KYC before working on any key development on the
LUNC community has come up with yet another proposal. Will this proposal trigger the bull run?
Crypto to buy before the next Bitcoin Halving In 2024: Ethereum (ETH), Cardano (ADA), Shiba Inu (SHIB), Blur (BLUR), and Terra Classic (LUNC) stand out as promising investments. With Bitcoin halving on the horizon, these cryptocurrencies exhibit bullish trends, suggesting significant potential for growth.
The LUNC proposal 12059 has stirred concerns due to its ambiguity regarding liabilities. This lack of clarity poses potential risks for contributors involved, including @Genuine__Labs, Tax2Gas team, JL1TF, and other KYCed engineers.
With the crypto market on the verge of reclaiming the $2Trillion mark, the buyers are making a comeback for a bullish year. Further, Bitcoin Halving sets a strong recovery tone for the altcoin season, teasing a stronger jump in the coming weeks.
Terra Classic holders are in a jubilant mood as LUNC price joins the bullish party, exploding by 15% to $0.0001335 on Thursday. The crypto market has generally exhibited strength this week, influenced by Bitcoin price swinging above $52,000.
TerraClassic's market resilience is fostering optimism for an upward price movement. The recent increase in staking activities and token burns by Binance has contributed to TerraClassic's recovery.
Terra Classic's response to growing security concerns takes an unexpected turn as a top blockchain audit company comes into play.
Terra Luna Classic Price Prediction: LUNC has recently embarked on a path of recovery, reflecting a broader positive trend in the cryptocurrency market. Terra Classic price is trading at $0.0001166, marking a rise of 3.31%.