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In February 2023, the SEC sued Terraform Labs and Kwon, alleging that they orchestrated a multibillion-dollar securities fraud by offering unregistered securities, including UST and LUNA, as well ...
Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]
Kwon Do-Hyung [2] (Korean: 권도형; born 6 September 1991), commonly known as Do Kwon, is a South Korean former businessman and software engineer.He was the co-founder and CEO of Terraform Labs, the parent company of crashed stablecoin TerraUSD and cryptocurrency Luna. [3]
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The price of LUNA compares favorably to the price of terra classic, or LUNC. Following its crash in May 2022, it has not recovered. Today, LUNC trades for just $0.0002424, making it a penny crypto.
On December 30, 2019, the Securities and Exchanges Commission filed charges against Today's Growth Consultant Inc. dba "The Income Store" and Kenneth D. Courtright III, claiming the defendants raised funds in an unregistered offering by making use of misrepresentations to investors and potential investors that the entirety of their invested ...
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Kiwi Farms, formerly known as CWCki Forums (/ ˈ k w ɪ k i / KWIH-kee), is a web forum that facilitates the discussion and harassment of online figures and communities. Their targets are often subject to organized group trolling and stalking, as well as doxxing and real-life harassment.