Terra

Why Terra's USTC, LUNC Are Skyrocketing This Week

Video

Why Terra's USTC, LUNC Are Skyrocketing This Week

TerraClassicUSD (USTC) and its sister token Terra luna classic (LUNC) – remnants of the blown-up Terra blockchain – skyrocketed this week, fueled by a new Binance perpetuals c...

Why Terra's USTC, LUNC Are Skyrocketing This Week

By CoinDesk Staff

Nov 30, 2023 at 4:36 p.m. UTC

Nov 30, 2023

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TerraClassicUSD price (CoinDesk)

Markets

Terra's USTC Gains 300% as Bitcoin-Focused Comeback Plan, Binance Perpetuals Listing Fuel Speculative Frenzy

USTC and LUNC tokens are remnants of the collapsed Terra ecosystem that some community members remained committed to revive.

TerraClassicUSD price (CoinDesk)

By Krisztian Sandor

Nov 29, 2023 at 4:05 p.m. UTC

Nov 29, 2023

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Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?

Video

Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the U.S. Department of Justice (DOJ) arguing that Binance's former CEO shou...

Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?

By CoinDesk Staff

Nov 27, 2023 at 4:52 p.m. UTC

Nov 27, 2023

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Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Policy

Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court

The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

By Sandali Handagama

Nov 16, 2023 at 10:40 a.m. UTC

Nov 16, 2023

RegulationsTerraDo Kwon

SEC Chair Gary Gensler (Alex Wong/Getty Images)

Policy

SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

The request follows a move by Kwon's defense team to do the same.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

By Sam Reynolds

Nov 3, 2023 at 4:31 a.m. UTC

Nov 3, 2023

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Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

Policy

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

By Sandali Handagama

Oct 31, 2023 at 10:52 a.m. UTC

Oct 31, 2023

RegulationsDo KwonTerraTerra ecosystemCourt CasesSouth Koreaterraform labs

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

By Aoyon Ashraf

Oct 26, 2023 at 7:02 p.m. UTC

Oct 26, 2023

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Do Kwon (Terra)

Policy

Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.

Do Kwon (Terra)

By Jack Schickler

Oct 19, 2023 at 8:53 a.m. UTC

Oct 19, 2023

RegulationsDo KwonTerraSEC

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Genesis Ordered to Comply With Terra Subpoena Within 5 Days

The crypto lender and trading firm failed to comply with requests made as part of a probe into Do Kwon's collapsed stablecoin, a New York judge said

Terraform Labs co-founder Do Kwon (CoinDesk TV)

By Jack Schickler

Oct 16, 2023 at 4:00 p.m. UTC

Oct 16, 2023

RegulationsDo KwonTerraGenesis

Terra Community AMA with Do Kwon (Terra)

Policy

Terraform Labs Founder Do Kwon Opposes SEC's Extradition Request

The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects.

Terra Community AMA with Do Kwon (Terra)

By Elizabeth Napolitano

Sep 27, 2023 at 5:50 p.m. UTC

Sep 27, 2023