Do Kwon Tweets “Not on the Run”, Willing to Disclose Location
Terraform Labs' founder claimed on Saturday that he is not on the run but in "full cooperation" with government agencies interested in communicating. "I am not 'on the run' or…
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon, the founder of the bankrupt Terraform Labs crypto ecosystem, has been issued an arrest warrant from a court in South Korea. Do Kwon and five others have allegedly…
Do Kwon’s Fate Remains Uncertain, Prosecutors Completed ‘Search and Seizure’ Raid
Do Kwon is still under the lens of South Korean regulators as investigations into Terraform Labs and the collapse of the firm’s first tokens, LUNA and UST. Local media platform…
Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance
The Terra governance has approved the proposal to burn a certain amount of TerraUSD (UST) tokens. The tokens were held in the project’s community pool and also deployed for past…
S. Korean Exchanges to be Held Accountable for LUNA Crash
The collapse of the Terra ecosystem including the protocol’s two flagship digital currencies, LUNA and UST may have more aftermaths than earlier imagined. According to the latest reports from local…
More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage…