Co-founder of failed Terra cryptocurrency project indicted in South Korea with frozen assets worth $184.7 million.
South Korean court rules that LUNA token is not a security
Do Kwon's lawyers argue against SEC's securities fraud allegation in court
Terra co-founder indicted for document forgery, causing potential risks for investors and the crypto market.
DeFi exchange Terraport suffers $2M hack just days after launch, highlighting ongoing DeFi vulnerabilities - traders advised to stay cautious and carry out thorough research before investing in new projects. #DeFi #cryptonews
Terraform Labs co-founder accused of converting stolen funds to Bitcoin, S.Korean prosecutors reveal
Former Terraform Labs CEO Do Kwon allegedly converted stolen funds into Bitcoin, making most of his illicit assets unrecoverable, according to South Korean prosecutors. Traders and investors should be cautious and conduct thorough research before investing in any cryptocurrency.
Are these temporary blips or a sign of further troubles to come?