Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report
Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea. Source
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MEME, MEMEPAD, And TITANX Tokens Collapse, Traders Lose 100%
In a chilling development on Halloween Day, the crypto community was hit with disturbing news as PeckShield, a renowned blockchain security company,
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Daniel Shin denies hand in Terra’s collapse
Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement. Following a preliminary hearing in July 2023, Shin’s attorneys said fellow founder Do Kwon was responsible for Terra’s crash and
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Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and seven others got underway in Seoul Southern District Court in South Korea on Oct. 30, according to local news reports. Shin is accused of defrauding investors. Also at issue was whether or not
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Sam Bankman-Fried Implied His Friends Lied About His Role in FTX’s Collapse
The first half of Friday's testimony was basically "A History of FTX, presented by Samuel Bankman-Fried." For those following the case over the past year, nothing new. For those of us who have been tracking FTX since its founding, maybe a bit of useful detail but basically really nothing new.
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How African Students Became Victims of FTX’s Collapse
With exchanges like Binance still running ambassadorships in African countries, students have become increasingly skeptical of the programs, following their experiences with FTX. “You cannot find Binance doing campus programs in US universities and campuses, but they know Africa is a place where you can do things, speak to some
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Genesis ordered to comply with subpoena in TerraUSD collapse case
New York district judge orders crypto lender Genesis to produce documents related to the collapse of algorithmic stablecoin TerraUSD. Genesis, a renowned crypto lending firm, has been commanded by a New York district judge to adhere to a subpoena. This decision was taken after the firm allegedly did not provide certain
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Ethereum Price Avoids Collapse But Recovery Could Be Capped
Ethereum price managed to recover from the $1,520 level against the US dollar. ETH is now facing hurdles near the $1,565 and
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Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse
Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role in an alleged “concerted, intentional effort” to cause the depeg of its stablecoin in 2022.On Oct. 10, Terraform Labs filed a motion in the United States District Court in the Southern District of
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Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng Zhao (CZ) contributed to the failure of cryptocurrency exchange FTX.Testifying in Sam “SBF” Bankman-Fried’s criminal trial on Oct. 12, Ellison reportedly placed part of the blame for the collapse of FTX on CZ’s social media
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