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The Latest Breaking News from Terra

Why are there so few great startup founders in their 20s? Some blame crypto

One writers suggests there are fewer founders because promising entrepreneurs went into crypto and found a dead end.

Fortune

The surprise wildcard in tiny Montenegro’s election: a notorious crypto fugitive

Ponzi schemer Do Kwon, who is in prison over the collapse of the Terra stablecoin, could shape Sunday's election. Here's why.

Fortune

Jump's sleazy Terra deal is another black eye for crypto

A secret deal between the creator of the failed stablecoin Terra and a prominent trading firm is a bad look for the industry.

Fortune

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Jump Trading made $1.28 billion by secretly propping up Terra a year before the algorithmic stablecoin collapsed, court filings show

Jump Trading reportedly profited $1.28 billion from the arrangement.

Fortune

Terra cofounder Do Kwon pays six-figure bail in Montenegro as South Korean and U.S. prosecutors seek extradition

Kwon was arrested in Montenegro for allegedly using a fake passport while trying to fly to Dubai.

Fortune

Disgraced Terra cofounder Do Kwon pleads not guilty after he's arrested in Montenegro holding 3 different passports

Montenegrin authorities stopped him at the airport in March with Costa Rican and Belgian travel documents.

Fortune

S Korea indicts Terraform Labs co-founder, 9 others

SEOUL: South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.

Bangkok Post

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Terra cofounder Daniel Shin charged with fraud in South Korea as former CEO Do Kwon still detained in Montenegro

Shin’s cofounder, Do Kwon, was arrested last month after he was stopped at an airport with bogus documents.

Fortune

John Oliver on cryptocurrencies: ‘This is all still a casino’

Last Week Tonight host examines the volatility and risks of cryptocurrencies through the collapses of Terra, Celsius and FTX

The Guardian - US

Do Kwon Loses Bid to Block SEC From Seeking Singapore Records

The SEC can seek records from the Singapore Monetary Authority as part of the US regulator’s lawsuit against Terraform Labs and founder Do Kwon, a judge ruled.

Bloomberg

South Korea to seek extradition of crypto fugitive Do Kwon

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.

Bangkok Post

Man suspected of being crypto fugitive Do Kwon arrested in Montenegro

South Korean CEO of Terraform Labs is accused of multi-billion-dollar fraud involving TerraUSD and Luna currencies

The Guardian - UK

Former Crypto Star Arrested After Months on the Run

Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local authorities.

The Street

Fugitive Crypto Executive Found Hiding in Balkans

Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local authorities.

The Street

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Reuters

Crypto founder Do Kwon indicted in US following Montenegro arrest

Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by U.S. prosecutors.

Evening Standard

SodaStream E-Terra review: does the new automatic sparkling water maker live up to the hype?

This is the brand’s first fully automated sparkling water machine

Bangkok Post

Nissan shows Sport

Nissan has introduced the Terra Sport PPV which now features styling upgrades made popular by the Navara Pro Series pickup.

Tribune News Service

After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

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Roll Call

After a year of collapses, cryptocurrency’s future in the balance - Roll Call

The cryptocurrency industry's failures in 2023 could mean its demise or a chance to regroup and build on its cultural reach.

Fortune

Why did no one short FTX? It’s complicated

One Wall Street short-seller says crypto was “the world’s best party”—and wishes he had made a “Big Short”–type bet.

Bangkok Post

Homebuyer confidence rises two years in a row

The homebuyer confidence index in 2022 improved for the second consecutive year as owners of all sizes of businesses were more confident about the current and future economy, according to property research and consultancy Terra Media and Consulting.

Bangkok Post

Priorities revealed in latest Terra survey

A smart security system, after-sales service and a good neighborhood are the top three requirements consumers consider when buying a residential unit, according to property research and consultancy Terra Media and Consulting.

The Canberra Times

Hats off to Canberra's best restaurants for 2023

It's more hats for Canberra than ever before.

Benzinga

Terra Co-Founder Do Kwon Faces $57M Lawsuit From International Investors

A Singapore-based court is set to hear a lawsuit filed by over 350 international investors against the co-founder of embattled Terraform Labs Do Kwon.

The Street

Crypto Stadium Naming Rights Under Scrutiny During Crypto Winter

FTX and Crpyto.com both have nine-figure deals for the naming rights to major sports stadiums.

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