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A recent report unveiled that South Korea’s National Tax Service (NTS) has imposed Terraform Labs and Do Kwon a 100 billion won fine, or $78 million, for alleged tax evasion.
Young founder of Luna emerges as cryptocurrency tycoon
TerraUSD (UST) was released in September 2020 (in partnership with Bittrex Global) and has since established itself as the most scalable stablecoin. UST may be used alongside LUNA, Terra's non-stablecoin cryptocurrency, or as a stand-alone token.
Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin and offers fast and...
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