Do Kwon Of Terra (LUNA) Denies Cashing Out $64M In Bitcoin (BTC)
The global manhunt for TerraForms Lab CEO Do Kwon continues, but there’s a twist in the plot. Previously, South Korean authorities requested well-known crypto exchanges KuCoin & OKX to freeze 3313 Bitcoins (BTC) that are tied to Do Kwon or TerraForm Labs. Right after the news surfaced on numerous media outlets, Do Kwon voiced his […]
Do Kwon Publicly Taunts Interpol’s Red Notice As The Global Chase Escalates
The intensified search for TerraForm Labs founder Do Kwon continues. South Korean authorities yesterday confirmed that Interpol has issued a Red Notice for the infamous founder of Terra (LUNA). However, Do Kwon himself broke the silence on Twitter and denied putting any effort into hiding. Moreover, Kwon was asked what his stance was on Interpol’s […]
Do Kwon Enters Interpol’s Most Wanted List As Terra Luna Classic (LUNC) Nosedives
South Korean authorities have had enough of Do Kwon’s evasive behavior, as the TerraForm Labs CEO reportedly left Singapore, where he had been living for the entirety of 2022, on September 17th, 2022. Terra (LUNA), relocated its headquarters from South Korea to Singapore due to being under investigation for tax evasion charges in CEO Do […]
Researchers Propose Reversible Ethereum (ETH) Transactions To Curb Crypto Theft
In a bid to curb the rising cases of crypto theft, blockchain researchers at Stanford University have proposed a new token standard for Ethereum that would support reversible transactions. Reversible Ethereum Transactions On Sunday, September 25th, Kaili Wang, a blockchain researcher at Stanford University, shared a proposal for Ethereum-based reversible tokens as a way to […]
Do Kwon Flees Singapore, Denies Being on the Run as Terra (LUNA) Sinks
Do Kwon, the infamous founder of Terra (LUNA), is wanted by South Korean authorities, but that’s not the end of his problems. Apparently, the prosecutors have had enough of playing cat and mouse and have filed an official request to issue an Interpol Red Notice. “Prosecutors on Monday have made a request to Interpol for […]
Terra Luna Classic (LUNC) Tops Shiba Inu (SHIB), South Korea Orders to Arrest Do Kwon
The relaunched version of Do Kwon’s Terra, the Terra Luna Classic (LUNC) has made waves on Twitter lately. Tags like #LUNCArmy and $LUNC have been constantly trending on the social platform for the past week. KuCoin, a well-known crypto exchange that serves from Victoria, Seychelles, has announced the TOP 10 most popular cryptocurrencies by weekly […]
Electoral Court Vetoes Candidacy of the ‘Pharaoh of Bitcoins’ for Deputy in Brazil
Glaidson Acácio dos Santos, a former waiter from Rio, will not be able to stand as a candidate for federal deputy in the elections on October 2. The “bitcoin pharaoh” is accused of defrauding hundreds of people through a Ponzi scheme executed through his company. The judge argued that the applicant contravened the constitutional canons […]
South Korea Identifies Over $1 Billion Worth of Fraudulent Crypto-Related Transactions in 2022
Recent data submitted by the Korea Customs Service has brought to light that in the first half of 2022, the amount of currency exchange fraud caught was about 1.5 trillion won, or over $1 billion. According to local media Asia Kyungjae, the amount of fraudulent crypto transactions identified in the first half of 2022 is […]
Coinbase To Fund Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions
Coinbase CEO Brian Armstrong has decided to fight back against what he deems to be censorship by the U.S. Treasury Department. In its most recent blog post, Coinbase officially announced that it intends to fund the lawsuit which has now been filed by 6 people. Each of the claimants allege to have used Tornado Cash […]
Coinberry Loses $3m Due To Software Glitch – Files Lawsuit For Recovery
Coinberry, a Canadian digital asset trading platform, has filed a lawsuit for the loss of 120 Bitcoins (BTC), with a worth of approximately $3 million. The Financial Post disclosed that Coinberry, Canada’s first regulated, crypto-only trading platform, lost the money due to a software glitch. The case, filed in Brampton, Ont., west of Toronto, states […]