Terraform Labs founder Do Kwon transferred $7 million (KRW 9 billion) to a law firm in South Korea just before his company’s high-yielding stablecoin Terra and its companion token Luna collapsed last ...
A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court deemed LUNA (LUNA) (the native token of the LUNA ...
Luna is worth less than two cents, losing 99% of its value amid a broad decline in the cryptocurrency market. The coin is linked to TerraUSD, an algorithmic stablecoin that's in the spotlight this ...