Friday, December 1, 2023
No Result
View All Result
Crypeto News
Smarter_way_USA
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
CRYPTO MARKETCAP
Crypeto News
No Result
View All Result

South Korean Authorities Seeking Terra (LUNA) Founder Do Kwon With Arrest Warrant: Report

by crypetonews
September 15, 2022
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


A court in South Korea is issuing an arrest warrant for Terraform Labs founder Do Kwon following the collapse of the cryptocurrency Terra (LUNA) and algorithmic stablecoin TerraUSD (UST).

Citing information from the prosecutor’s office, Bloomberg reports that warrants were issued to Kwon and five others who were charged with violations of the country’s capital markets law.

All six accused are located in Singapore.

South Korean authorities considered filing criminal charges against Kwon in the wake of the historic crash that led to losses of around $40 billion.

In anticipation of facing a slew of cases, the embattled executive hired a lawyer last month and submitted a letter of appointment to an attorney at the Seoul Southern District Prosecutor’s Office, the office tasked to investigate him.

Prior to Terra and Kwon’s downfall, LUNA was one of the biggest crypto assets by market capitalization.

From trading the all-time high of nearly $120 in April, Terra plunged to near zero in May. The dollar peg of the stablecoin TerraUSD also tumbled.

Terra’s crash happened amid a crypto winter that saw Bitcoin (BTC) plunge from a record high of $67,549 in November to below $20,000. At time of writing, the king coin is trading for $20,145.

There are no reports of Kwon being served with the warrant at time of writing.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/BOTCookie/WindAwake



Source link

Tags: ArrestAuthoritiesfounderKoreanKwonLunaReportSeekingSouthTerraWarrant
Previous Post

ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork – Mining Bitcoin News

Next Post

Eminem & Snoop Dogg's Metaverse Performance | Celsius Returns $50 Million | Crypto News For RE 31

Related Posts

Crypto Whale With $158,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain
Altcoin

Crypto Whale With $158,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain

November 30, 2023
Chainlink Flashing Bullish Signal As Massive Amount of Dormant LINK Abruptly Moves, According to Santiment
Altcoin

Chainlink Flashing Bullish Signal As Massive Amount of Dormant LINK Abruptly Moves, According to Santiment

November 30, 2023
Cardano Could Print New 2023 Highs As Over $1,800,000,000 in ADA Accumulates at Current Levels: Trader
Altcoin

Cardano Could Print New 2023 Highs As Over $1,800,000,000 in ADA Accumulates at Current Levels: Trader

November 30, 2023
Comprehensive Analysis of Bitcoin Mining: From Historical Evolution to Modern ASICs and SHA-256 Algorithm | by Michael Di Fulvio | The Dark Side | Nov, 2023
Altcoin

Comprehensive Analysis of Bitcoin Mining: From Historical Evolution to Modern ASICs and SHA-256 Algorithm | by Michael Di Fulvio | The Dark Side | Nov, 2023

November 30, 2023
The BTC Crystal Ball: A Look at Price Predictions for 2023 | by Georgia Bloggs | The Dark Side | Nov, 2023
Altcoin

The BTC Crystal Ball: A Look at Price Predictions for 2023 | by Georgia Bloggs | The Dark Side | Nov, 2023

November 30, 2023
A Crypto Enthusiast’s Guide to Making Profits with Trx Crypto Investments | by Georgia Bloggs | The Dark Side | Nov, 2023
Altcoin

A Crypto Enthusiast’s Guide to Making Profits with Trx Crypto Investments | by Georgia Bloggs | The Dark Side | Nov, 2023

November 30, 2023
Next Post
Eminem & Snoop Dogg's Metaverse Performance | Celsius Returns $50 Million | Crypto News For RE 31

Eminem & Snoop Dogg's Metaverse Performance | Celsius Returns $50 Million | Crypto News For RE 31

Binance Coin Struggles Below $290 Resistance, Where Would Price Go?

Binance Coin Struggles Below $290 Resistance, Where Would Price Go?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Binance Announces Complete Phase-Out By December
Crypto Updates

Binance Announces Complete Phase-Out By December

by crypetonews
November 30, 2023
0

In a significant development, Binance revealed that it will no longer be supporting its BUSD stablecoin. Binance will remove BUSD...

Crypto Misfortune: European Central Bank Chief’s Son Hit By 60% Investment Loss

Crypto Misfortune: European Central Bank Chief’s Son Hit By 60% Investment Loss

November 24, 2023
Cristiano Ronaldo Faces $1B Lawsuit over Binance Ads

Cristiano Ronaldo Faces $1B Lawsuit over Binance Ads

November 29, 2023
Moralis Dapp Store – Exploring the Web3 Wiki

Moralis Dapp Store – Exploring the Web3 Wiki

November 24, 2023
Top Trader Who Nailed 2018 Bitcoin Bottom Outlines BTC Roadmap to $60,000 – Here’s His Timeline

Top Trader Who Nailed 2018 Bitcoin Bottom Outlines BTC Roadmap to $60,000 – Here’s His Timeline

November 26, 2023
Ethereum Bears Keep Pressing, Why ETH Price Might Revisit This Key Support

Ethereum Bears Keep Pressing, Why ETH Price Might Revisit This Key Support

November 28, 2023
  • Trending
  • Comments
  • Latest
BITCOIN WHALE JUST BOUGHT $150 MILLION!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

BITCOIN WHALE JUST BOUGHT $150 MILLION!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

September 25, 2023
What Nobody Tells You About The Ether Futures ETF! (Ethereum Price Prediction)

What Nobody Tells You About The Ether Futures ETF! (Ethereum Price Prediction)

September 30, 2023
NEW SIGNAL JUST CONFIRMED (Breakout)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

NEW SIGNAL JUST CONFIRMED (Breakout)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

September 30, 2023
As Bonk, Pepe, Memecoin token prices rise, Memeinator gains traction

As Bonk, Pepe, Memecoin token prices rise, Memeinator gains traction

November 18, 2023
Best Crypto to Buy Now June 8 – Deelance, XDC Network, AiDodge

Best Crypto to Buy Now June 8 – Deelance, XDC Network, AiDodge

June 8, 2023
JasmyCoin (JASMY) Price Prediction 2023 2024 2025 2026

JasmyCoin (JASMY) Price Prediction 2023 2024 2025 2026

October 19, 2023
Cryptocurrencies II: Last Week Tonight with John Oliver (HBO)

Cryptocurrencies II: Last Week Tonight with John Oliver (HBO)

43
Buy Solana or Cardano? BlackRock Ethereum ETF Coming? Best Crypto to Invest in?

Buy Solana or Cardano? BlackRock Ethereum ETF Coming? Best Crypto to Invest in?

21
🚀GET RICH WITH CRYPTO | Crypto Price Predictions 2025

🚀GET RICH WITH CRYPTO | Crypto Price Predictions 2025

29
WATCH THESE Coins! Crypto Sectors For The Next Bull Run!!

WATCH THESE Coins! Crypto Sectors For The Next Bull Run!!

45
The Sword Art Online Full Dive Nervegear is HERE! 2023

The Sword Art Online Full Dive Nervegear is HERE! 2023

21
All about cash app crypto scams! | bitcoin scams | bitcoin scams | crypto scam | cash app bitcoin

All about cash app crypto scams! | bitcoin scams | bitcoin scams | crypto scam | cash app bitcoin

28
Frieze Los Angeles will feature 20% fewer galleries in 2024 than previous edition

Frieze Los Angeles will feature 20% fewer galleries in 2024 than previous edition

November 30, 2023
Rallying troops against cybercrime with QRadar SIEM

Rallying troops against cybercrime with QRadar SIEM

November 30, 2023
Binance And Banking Partner Collaborate To Establish World’s First Triparty Crypto Arrangement

Binance And Banking Partner Collaborate To Establish World’s First Triparty Crypto Arrangement

November 30, 2023
Crypto & Cheer: Guide to Holiday Shopping with Bitcoin

Crypto & Cheer: Guide to Holiday Shopping with Bitcoin

November 30, 2023
Brazil Approves 15% Levy on Offshore Crypto Holdings

Brazil Approves 15% Levy on Offshore Crypto Holdings

November 30, 2023
Crypto Whale With $158,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain

Crypto Whale With $158,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain

November 30, 2023
Crypeto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Crypeto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

LATEST UPDATES

  • Frieze Los Angeles will feature 20% fewer galleries in 2024 than previous edition
  • Rallying troops against cybercrime with QRadar SIEM
  • Binance And Banking Partner Collaborate To Establish World’s First Triparty Crypto Arrangement
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 Crypeto News.
Crypeto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In