Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 BTC.
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Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 BTC.
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Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with.
The approval marks the final step in Terraform's Chapter 11 bankruptcy proceedings.
According to Montenegros Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwons extradition to face criminal charges.
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The Supreme Court of Montenegro has suspended the extradition of Terraform Labs co-founder Do Kwon to South Korea.…
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.
The fate of Terraform Labs will be decided at the Chapter 11 bankruptcy hearing scheduled for September 19.
The legal drama in Montenegro over Terraform Labs co-founder and fraudster Do Kwon isnt over just yet.
3AC liquidators allege TerraForm Labs manipulated the Luna and TerraUSD markets, leading to artificially inflated prices.
Since 2023, the decision to send the Terraform co-founder to South Korea or the United States has been contested in Montenegrin courts.
Based on realistic Terra Classic price prediction, it is forecasted that the price of LUNC crypto by 2030 will be $0.00046.
The post Terra Classic Price Prediction: Is LUNC Still a Good Investment? first appeared on StealthEX.Terra Classic (LUNC) has been showing signs of stability and is on the verge of a significant breakout despite recent turbulence in the broader crypto market. Over the past week, Terra Classic has seen a dip of approximately 5.21%. However, this decline comes amidst a period of uncertainty triggered by Bitcoin’s recent drop from its […]
User activity on the Terra blockchain came to an abrupt pause following reports of a suspected exploit. The team swiftly executed an emergency halt at block height 11,430,400 to address the illegal breach. During this period, all transactions were suspended, leaving users anxiously awaiting updates. Taking immediate action, the Terra team worked together with validators […]
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a dedicated and resilient community that has been built since the launch of Axie Infinity.
The latest LUNC burn of 1.7 billion tokens from Binance significantly reduces the Terra Classic supply, aligning with increased trading…
The post Terra Classic Sees Major Supply Reduction as Binance Burns 1.7B LUNC first appeared on The Crypto Basic.
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