What is happening in LUNA, what are the latest developments?
As Uzmancoin, we convey all important developments about Terra LUNA, which has recently left its mark on the agenda with its collapse and talked a lot, in the most accurate way. All the events from beginning to end, the collapse of LUNA and UST, the transition to LUNA 2.0 and all current developments can be found here.
With the Luna 2.0 update, new coins started to be distributed to old Luna Coin investors via airdrop. While airdrops are sent immediately to investors who hold Luna on the Terra network, airdrop distributions are slowly taking place on some central exchanges.
You can read all developments on this subject on our Terra LUNA News page on Uzmancoin.
What is happening in LUNA, what are the latest developments?
As Uzmancoin, we convey all important developments about Terra LUNA, which has recently left its mark on the agenda with its collapse and talked a lot, in the most accurate way. All the events from beginning to end, the collapse of LUNA and UST, the transition to LUNA 2.0 and all current developments can be found here.
With the Luna 2.0 update, new coins started to be distributed to old Luna Coin investors via airdrop. While airdrops are sent immediately to investors who hold Luna on the Terra network, airdrop distributions are slowly taking place on some central exchanges.
You can read all developments on this subject on our Terra LUNA News page on Uzmancoin.
In 2022, Terraform Labs, the developer company behind Terra LUNA, which was praised by many business people, investors and entrepreneurs, but then collapsed in a way that caused a major earthquake in the crypto world, has now come to an end. The company announced its last update on the chain and announced that it will no longer have any involvement in this matter.
It was revealed that Milojko Spajic, the prime minister of Montenegro, the country where Do Kwon fled, invested $75,000 in LUNA before taking office, and the value of this investment reached up to $90 million in 2022.
Anonymous trader GCR, who warned “Bear season is coming” at the peak of the market in 2021 and said many times to be wary of FTX and Terra LUNA in 2022, stated that a bull season is already underway.
The Luna Foundation wallet, which is affiliated with Do Kwon, who is said to have reached an agreement in principle with the SEC, was out of $95 million in cryptocurrency. It did not go unnoticed that the output came hours after the SEC deal was announced.
The decision came out in the case filed by the US Securities and Exchange Commission (SEC) against Terraform Labs and its founder Do Kwon in February. The court found in favor of the SEC and ruled that the LUNA tokens sold by Do Kwon were
While Terra LUNA’s imprisoned founder Do Kwon’s movement of nearly $200 million in cryptocurrencies earlier this week made waves around the world, a South Korean university lecturer who closely follows wallets said it is now impossible to freeze many funds.
The SEC’s request for an order for Do Kwon’s extradition was opposed by the jailed executive’s lawyers.
Chris Amani, the new CEO of the Terra LUNA project that collapsed last year, spoke about both future projects and Do Kwon. Stating that they are “struggling at the same time while going uphill”, Amani answered the question “Will Kwon come back one day?” by saying, “His place is always ready. This is not even a question.”