Terraform Labs says South Korea's Luna case is 'highly politicized': WSJ

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Terraform Labs accused South Korean prosecutors of overreaching their authority, the Wall Street Journal reported Wednesday.

Terraform Labs believes South Korean prosecutors are overreaching their authority following the collapse of algorithmic stablecoin terraUSD and Terra’s native token, luna, the Wall Street Journal wrote.

The company argued that luna was not a security in a statement shared with the financial news outlet. A South Korean court reportedly issued an arrest warrant for Terraform Labs founder Do Kwon earlier this month.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

apart from being ‘highly arroganized’

Do you know what is happeening in Uniswap

Asylum application in 3...2...1.....

I can t get whyy nobodyy is talking about this

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: ReportTerraform Labs says South Korean prosecutors have overextended their authority in seeking a warrant for the arrest of CEO Do Kwon, according to the Wall Street Journal. By NelWang NelWang Uniswap need to fix this now NelWang First get? NelWang So it’s ok to scam and rob people then? Lmao
Source: CoinDesk - 🏆 291. / 63 Read more »

Terraform Labs Founder Do Kwon says he's 'making zero effort to hide'Terraform Labs founder Do Kwon seemed to brush off the fact he is wanted by authorities. 😂😂😂😂 ummm, sure
Source: TheBlock__ - 🏆 464. / 53 Read more »

Luna Classic (LUNC) in the Red as Terraform Labs Insists It Is Not a SecurityTerraform Labs insists that the Luna Classic token is not a security, which is why it shouldn’t be covered by South Korean’s capital-markets law Are youu aware of what is happening in Uniswap
Source: Utoday_en - 🏆 295. / 63 Read more »

Do Kwon Refutes 3,313 BTC Transfer Allegations, Terra Whistleblower Backs FounderTerraform Labs co-founder Do Kwon has found an unlikely ally backing his claims.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do KwonUPDATE: Terra's Do Kwon denied any allegations of cashing out, while KuCoin said it is co-operating with the authorities. By iamsandali and shauryamalwa iamsandali shauryamalwa Crypto will not pump until that dude is behind bars. I don’t make the rules. iamsandali shauryamalwa 🚀 Thanks alot for this! iamsandali shauryamalwa Uniswap need to fix this now
Source: CoinDesk - 🏆 291. / 63 Read more »

Lightning Labs releases initial Taro protocol codeLightning Labs is a step closer to its goal of “bitcoinizing the dollar.” Woow ! 🔥 I wiish I found thiis earliier I want to get rid of bot accounts... Do follow and i will follow you back unless you are not a bot Bitcoin inching towards a security asset.
Source: TheBlock__ - 🏆 464. / 53 Read more »