Terra


Markets

Terra's USTC Gains 300% as Bitcoin-Focused Comeback Plan, Binance Perpetuals Listing Fuel Speculative Frenzy

USTC and LUNC tokens are remnants of the collapsed Terra ecosystem that some community members remained committed to revive.

TerraClassicUSD price (CoinDesk)

Videos

Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the U.S. Department of Justice (DOJ) arguing that Binance's former CEO should remain free until sentencing, but only in the U.S. A court in Montenegro has approved the extradition of Terra founder Do Kwon. And, a closer look at bitcoin's (BTC) price action after breaching $38,000 last Friday.

CoinDesk placeholder image

Policy

Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court

The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Policy

SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

The request follows a move by Kwon's defense team to do the same.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

Policy

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

Policy

Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.

Do Kwon, whose TerraUSD and Luna tokens collapsed in 2022, fueling the crypto winter (Terra)

Policy

Genesis Ordered to Comply With Terra Subpoena Within 5 Days

The crypto lender and trading firm failed to comply with requests made as part of a probe into Do Kwon's collapsed stablecoin, a New York judge said

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Terraform Labs Founder Do Kwon Opposes SEC's Extradition Request

The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects.

Do Kwon (Terra)

Videos

Terra Classic Community Votes to Stop USTC Minting; How Much Bitcoin Has Michael Saylor's MicroStrategy Purchased?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including MicroStrategy's latest regulatory filing outlining recent bitcoin (BTC) purchases. TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted. Mixin Network has been hacked for nearly $200 million. Plus, Hong Kong’s Securities and Futures Commission (SFC) plans to publish a list of crypto exchange license applicants.

Recent Videos