Do Kwon
South Korean prosecutors have said that Terraform Labs co-founder Do Kwon had made a stop at Dubai before departing to an unknown location. Previous reports of Kwon’s passport being invalid have been denied, though it could become invalid soon. Kwon has shown little concern for this, as he says that...
Do Kwon
Summary: Terra chief Do Kwon says he doesn’t trade crypto and none of his funds were frozen by South Korean prosecutors. Authorities confiscated some of Kwon’s crypto holdings worth $39.6 million, CoinDesk reported on Wednesday citing local Korean media. Previous reports also claimed that investigators froze 3,313 Bitcoin on KuCoin...
Luna Price Drops 7% Despite Binance Burning $1.86M in LUNC 14
Binance has finished its first burn of Terra Classic (LUNC), burning about $1.86 million in USDT equivalent from trading fees collected from spot and margin trading pairs. Binance first announced that it would burn the trading fees on September 26, and the next announcement will take place on October 10....