Terra | ForkLog

ForkLog 8 12.12.2022

Media reports: Terraform Labs founder Do Kwon is in hiding in Serbia

In November, the CEO of Terraform Labs (TFL), Do Kwon, flew to Serbia, according to Forkast, citing a statement from the South Korean prosecutor's office.

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ForkLog 7 03.12.2022

Court rejects prosecutors’ bid to detain Terraform Labs co-founder Daniel Shin

The Seoul Southern District Court rejected the prosecutor's request for a warrant to detain Terraform Labs co-founder Daniel Shin.

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ForkLog 5 30.11.2022

South Korean prosecutors seek arrest warrant for Terraform Labs co-founder

South Korean prosecutors have sought an arrest warrant for Terraform Labs co-founder Daniel Shin. Yonhap, citing a statement from the agency, reports this.

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ForkLog 15 16.11.2022

Media: South Korean authorities raid payments company founded by Terraform Labs co-founder

South Korean prosecutors raided the payments company Chai Corporation, founded by Terraform Labs co-founder Daniel Shin. According to Forkast.

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ForkLog 16 16.11.2022

Auditors confirm LFG used a $2.8 billion fund to rescue UST

A technical audit of Luna Foundation Guard (LFG) actions conducted by JS Held showed that the organisation spent its reserve fund of about $2.8 billion exclusively to defend the peg of the algorithmic stablecoin TerraUSD (UST).

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ForkLog 38 04.11.2022

Media: South Korean authorities have obtained evidence that Do Kwon manipulated LUNA’s price.

The South Korean prosecutor's office has obtained evidence that Terraform Labs CEO Do Kwon manipulated the price of LUNA. This was reported by Korean Broadcasting System citing a representative of the supervisory agency.

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ForkLog 13 01.11.2022

Hodlnaut losses from Terra collapse estimated at $190 million

Hodlnaut's losses from the Terra collapse amounted to about $190 million, according to a Singapore bankruptcy court filing cited by Bloomberg.

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ForkLog 7 31.10.2022

Singapore class-action against Do Kwon seeks $57 million

Hearing in early November in a Singapore court will take place on a class-action filed against Terraform Labs and its co-founder Do Kwon, on behalf of more than 350 investors. They claim they lost $57 million as a result of the collapse of the TerraUSD (UST) stablecoin, The Wall Street Journal reports.

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ForkLog 7 20.10.2022

Terra investors form a team to search for Do Kwon

Investors harmed by the collapse of the Terra ecosystem have formed the UST Restitution Group (URG) to search for the founder of Terraform Labs Do Kwon. The Financial Times reports.

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ForkLog 17 18.10.2022

Do Kwon rejects allegations against him and refuses to name his country of residence

Do Kwon, founder of Terra, on the Unchained podcast with Laura Shin, again stated that he is not on the run. However, he declined to disclose his whereabouts.

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ForkLog 5 07.10.2022

Media: South Korean court declines to arrest Terraform Labs employee

The court in South Korea denied the prosecutor's request for an arrest warrant for a Terraform Labs employee, according to Yonhap News and SBS.

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ForkLog 6 06.10.2022

South Korean authorities detained Terraform Labs employee

The South Korean prosecutor's office detained a Terraform Labs (TFL) employee who had been on the run in the country and requested an arrest warrant for him, according to JTBC.

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