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news-imageAugust 21, 2023

Terra suffers a hack; Can it impact LUNA's price?

The official website for the Terra (LUNA) project has been compromised by a malicious entity that is using the ‘terra(dot)money' domain as a phishing platform to collect users' sensitive data like private keys, smart contracts access through wallets, and other private information, such as IPs.
Publisher: Finbold
Sentiment: Negative
LUNA

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Negative
cover-imageCoingape
October 17, 2024

Montenegro Discloses Next Step In Terra Luna Do Kwon's Extradition

According to Montenegrin media reports, Do Kwon's extradition process may soon conclude, with a decision expected by Sunday, Oct. 19. On October 17, Minister of Justice Bojan Bozovic confirmed that the government chose the destination for extraditing the Terraform Labs co-founder, whom both the US and South Korea want on charges related to cryptocurrency fraud.

Negative
cover-imageBitcoinist
October 17, 2024

Do Kwon Reportedly Conducted Crypto Transactions From Prison For More Than 2 Months

In a developing story surrounding Do Kwon, the co-founder of the collapsed Terraform Labs blockchain, new investigative reports suggest he may have conducted cryptocurrency transactions while in custody in Montenegro. This revelation follows a lengthy period during which authorities reportedly took 72 days to seize his electronic devices and wallet access codes after his arrest.

Negative
cover-imageCrypto Economy
September 20, 2024

Terraform Labs Shut Down! Co-Founder Do Kwon Ordered to Pay $110M to Defrauded Investors

TL;DR Terraform Labs Shutdown: Terraform Labs, the company behind Terra (LUNA) and TerraUSD (UST), has received court approval to wind down operations after a $40 billion collapse in 2022. SEC Settlement: The U.S. Bankruptcy Judge approved a bankruptcy plan involving nearly $4.5 billion in penalties, with co-founder Do Kwon personally liable for $204 million.

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