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The Latest Breaking News from Terra

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

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.

Reuters

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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

Evening Standard

Nissan shows Sport

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

Bangkok Post

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.

Tribune News Service

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.

Roll Call

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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.

Fortune

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.

Bangkok Post

Hats off to Canberra's best restaurants for 2023

It's more hats for Canberra than ever before.

The Canberra Times

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.

Benzinga

Terra CEO Do Kwon Denies Reports Of Frozen Bitcoin

The beleaguered TerraForm Labs CEO Kwon Do-hyung, also known as Do Kwon, denied reports on Wednesday that South Korean prosecutors have frozen Bitcoin (CRYPTO: BTC) assets worth 56.2 billion won ($39.6 million) of

Benzinga

Terra founder wanted by Interpol tweets he is making ‘zero effort’ to hide

Search for crypto entrepreneur Do Kwon after Luna and UST collapse drags down rival currencies

The Guardian - UK

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Evening Standard

Global manhunt begins for crypto boss Do Kwon after stablecoin loses $45 billion in value

South Korea’s special financial crimes unit began an investigation into Kwon’s Terra after a group of five investors filed criminal complaints

Bangkok Post

Interpol issues red notice for Terra crypto founder: Seoul

Interpol has issued a red notice for a South Korean cryptocurrency founder who is accused of fraud over the company's $40 billion collapse, prosecutors said Monday.

The Guardian - UK

South Korea asks Interpol to prevent Terra founder from fleeing extradition

Do Kwon denied he was ‘on the run’ as cryptocurrency sector slides in wake of ethereum merge

Evening Standard

How to buy Terra (LUNA) 2.0

Despite the collapse of the original Terra blockchain earlier in the year, Luna 2.0 is proving a popular cryptocurrency.

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Birmingham Post

Wiltshire land with planning for 50 homes sold to Sovereign

Development company Terra secured outline planning approval for the scheme at appeal earlier this year

Benzinga

LUNC Gains 60% In 24 hours: Are Investors Faith Restored?

In an apparent indication of renewed investor faith in a project that cost them more than $60 billion in May 2022, Terra Classic (CRYPTO: LUNC), the original token of the old

Asharq Al-Awsat

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

Benzinga

'I Didn't Sleep For 8 Days,' Terra Luna Founder Do Kwon Tells Coinage Following Crypto Collapse

Do Kwon, founder of Terraform Labs, recently spoke with cryptocurrency media company Coinage in Singapore — his first media interview since the collapse of Terra Luna earlier this summer. Here's what he discussed:

Investors Business Daily

What Is Cryptocurrency?

In the simplest terms, cryptocurrency is internet money and digital assets. Cryptocurrencies have made headlines for eye-popping valuations — and crashes. Bitcoin soared to all-time-highs of $69,000 last November, but has free-fallen to around $22,000. Long term crypto bulls, nicknamed maxi's — short for maximalists — believe the technology will…

Benzinga

US, South Korea Team Up On Cryptocurrency Investigations Following Terra Collapse

On a recent visit to New York, South Korea’s Justice Minister Han Dong-hoon convened with U.S. officials to discuss ways to better investigate financial crimes — especially those related to cryptocurrencies.

Evening Standard

What are stablecoins?

Stablecoins such as USD Coin (USDC) and Tether (USDT) were created as a less volatile alternative to bitcoin (BTC)and other cryptocurrencies.

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