Trading Firm Allegedly Colludes With Do Kwon's Terra, Making $1B Before Peg Collapsed
The ongoing trial against Terraform Labs revealed allegations of collusion to manipulate the price of UST, leading to billions in losses.
Source: benzinga.com
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Terraform Goes on Trial as Do Kwon Awaits Extradition in Montenegro
(Bloomberg) -- Terraform Labs Pte. began trial Monday over civil fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, while co-founder Do Kwon remains in Montenegro waiting to learn whether he’ll be extradited to the US or South Korea to face criminal charges.Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Interest De
Source: yahoo.com
Why Jump Crypto's Kanav Kariya Is Upbeat Despite Terra Fiasco
Twelve weeks and $1 trillion ago, Kanav Kariya had a question for thousands of people gathering in Spain to glorify cryptocurrencies: "Who the f**k is Jump?"
Source: ndtv.com