Terra | ForkLog

ForkLog 13 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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ForkLog 25 06.10.2022

Do Kwon Ordered to Return His South Korean Passport

The Ministry of Foreign Affairs of the Republic of Korea demanded that Do Kwon, the CEO of Terraform Labs (TFL), return his national passport within 14 days. If he refuses, the document will be void.

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ForkLog 17 05.10.2022

Do Kwon denies involvement in $39.6 million frozen by authorities.

CEO Terraform Labs (TFL) Do Kwon denied reports of his involvement with $39.6 million in cryptocurrencies, access to which was blocked by South Korean prosecutors.

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ForkLog 16 04.10.2022

Binance executes first Terra Classic burn worth $1.86 million

Binance burned the first batch of Terra Classic (LUNC), 5.6 billion tokens, worth about $1.86 million in USDT.

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ForkLog 16 29.09.2022

Terraform Labs call the investigation into Do Kwon ‘politicised’

Terraform Labs (TFL) has accused the South Korean prosecutor's office of overreach. In a statement to The Wall Street Journal, a company spokesperson stressed that the digital asset LUNA is de jure not a security, and therefore not subject to the relevant legislation.

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ForkLog 17 27.09.2022

3313 BTC Linked to Luna Foundation Guard Moves

Shortly after a request by South Korean authorities to locate and arrest Terraform Labs CEO Do Kwon, 3313 BTC linked to Luna Foundation Guard came into motion.

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ForkLog 13 26.09.2022

Binance launches Terra Classic burn mechanism

The cryptocurrency exchange Binance has decided to burn all fees charged on the platform's LUNC/BUSD and LUNC/USDT spot and margin pairs.

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ForkLog 16 26.09.2022

Media: Interpol issues red notice for Do Kwon

Interpol issued a "red notice" for the arrest of Terraform Labs (TFL) CEO Do Kwon. Bloomberg reports, citing the Seoul Prosecutor's Office (South Korea).

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ForkLog 25 25.09.2022

Binance to implement Terra Classic burn tax via subscription after trader quorum is reached

The Binance exchange will introduce a subscription to a transactional tax on Terra Classic (LUNC) trades. If the trading volume of participants in the program reaches 50% of the asset's total on the platform, the levy will be extended to all customers, Binance CEO Changpeng Zhao said.

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ForkLog 10 19.09.2022

FT reports South Korea’s Interpol request regarding Do Kwon

South Korean authorities turned to Interpol with a request to locate and arrest Terraform Labs CEO Do Kwon. The Financial Times reports.

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ForkLog 17 18.09.2022

Do Kwon denies reports that he is on the run.

Do Kwon, head of Terraform Labs, said he is not in 'flight' and is cooperating with law enforcement. According to him, he is not hiding from government agencies that are 'interested in communicating' with him.

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ForkLog 15 15.09.2022

Seoul prosecutors seek revocation of passport for Terra founder Do Kwon

Prosecutors from the Southern District of Seoul asked the local Ministry of Foreign Affairs to revoke the passports of five people, including Terraform Labs CEO Do Kwon.

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