All by tag: LUNA

In private messages, Do Kwon gave direct instructions to an employee to bring the value of the token into line with certain parameters

The plaintiffs claim that Do Kwon knowingly knew about the vulnerabilities of the UST stablecoin

Investors of the project claim that the asset is quickly recovering its position

The initiative is put forward by one of the developers of the crypto company, Bitcoin Suisse AG

The exchange will burn the asset every Monday at 00:00 UTC

The company’s representatives called the case against Do Kwon “highly politicized”

According to a CoinDesk investigation, this happened between September 15 and 18, after South Korean authorities issued an arrest warrant for Do Kwon

The rate of the LUNA token reacted to the news by a drop of 8% per day

The head of Terraform Labs stated that he is not “on the run” and has nothing to hide

According to the company’s expert, this niche can be occupied by the Luna Classic token

Law enforcement could charge TFL, Do Kwon and other affiliates with violating the Capital Market Act

Also, the original asset of the LUNC network showed a weekly increase of 78%