Luna Foundation Guard's $95M Asset Transfer Sparks Speculation and Transparency Concerns coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
A report was obtained by the authorities in Seoul Metropolitan City that an individual from Terra may have embezzled corporate funds. As a result of such a report, the police proceeded to freeze the assets associated to Terra's non-profit organisation, the Luna Foundation
By Justin McKennon CoinBusters 5/15/2022 The entire cryptocurrency landscape has been nearly held captive watching the utter annihilation of one of the largest and seemingly most promising projects in the entire space unfold. LUNA and its stablecoin counterpart, UST have gone from the golden children of the market to utter irrelevance in the span ofRead More
An affiliate of the company behind collapsed stablecoin TerraUSD on Monday said it had spent the bulk of its reserves trying to defend its dollar peg last week and would use what little remained to compensate some users who had lost out.