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Top News In Terraforms Lab Today - Breaking & Trending Today

Do Kwon's worries increases, as another legal complication traps him!

Terra’s fate in the recent times has been poor in the crypto sphere. Terraforms lab, which was founded by Do Kwon, appears to be in a soup which is getting more and more hot as the day passes by. We all know, that the market collapse on May 12th, caused a catastrophic result for Terra where in, the stable coin UST and its sibling cryptocurrency Luna lost almost 99% of their value, coming down from a high of almost $120 to a meagre $0.0009 in a day. The loss in value of the currencies wiped out a billion of dollars ....

Kwon Terraforms , Terraforms Lab , Money Laundering , Kernel Labs ,

South Korean government in talks with De Kwon after USD goes down the hill

After learning of Terra's devastating collapse, a representative from South Korea's ruling Power Party, Yun Chang-Hyun, summoned an emergency meeting. The gathering included De Kwon, the CEO of Terra, and other local exchanges. The exchanges were questioned about Terra USD and its market performance throughout the conference. KFSC and FSS have also requested that cryto exchanges give information regarding the Terra USD and LUNA, including the number of investors in the market and other information. Also, financial regulators under the governance of the government launched a special “Emergency Inspection” into local crypto exchanges to protect the rights of the investor after the collapse in the market. ....

South Korea , South Korean , Yun Chang Hyun , Terraforms Lab , Power Party , Crypto Market Crash , Terra Fork , Terra Investors , Three Arrows Capital ,