https://t.me/Terra_Luna_Tron

2022-12-11 19:51:59 TRON Crypto Price Maintains Its Upward Trend

At 2,000 transactions per second and about 3.4 billion transactions, TRON is arguably one of the fastest-growing blockchains.With a market capitalization of $5,665,957,298, its native token, TRX, currently ranks 15th among the top cryptocurrencies.While the rest of the market remains firmly in bearish zones, the TRON crypto price today has maintained a green candle stick in the past week. The coin price is expected to remain in positive territory for the rest of the day.Developed and maintained by the TRON foundation, TRX has a widespread appeal among developers and projects because of its fast throughput and efficient systems. Already, data from DeFi Llama suggests Tron is the second-largest decentralized finance (DeFi) blockchain after Ethereum by total value locked (TVL).

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2022-12-10 19:52:00 Mystery Of $40 Billion Terra Luna Crash Deepens With Possible Role Of Former FTX CEO In Its Collapse

FTX collapse and the revelations around how investors’ money was misused, has prompted a re-examination of the implosion of the Terra algorithmic stablecoin ecosystem. Terra Luna crash had wiped out around $40 billion in market value earlier this year. US prosecutors are said to be investigating Bankman-Fried, the founder of collapsed crypto exchange FTX and its sister trading platform Alameda Research, regarding his possible involvement in orchestrating the death spiral of TerraUSD (UST) and its affiliated token Luna, according to a report in the New York Times citing people with knowledge of the matter.

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2022-12-09 23:03:02 U.S Fed Investigate Sam Bankman-Fried Over Terra Luna Collapse

Sam Bankman-Fried is being investigated by U.S. Federal prosecutors and SEC. An unexpected turn was revealed in Sam Bankman-Fried’s FTX disaster despite U.S. representatives summoning SBF to testify at a hearing on December 13, the House Committee on Financial Services.Federal prosecutors and the Securities and Exchange Commission (SEC) opened an investigation into whether the former FTX CEO manipulated the market’s past fall involving two interconnected currencies, TerraUSD and LUNA, to benefit the organizations he controlled, such as FTX exchange and Alameda Research, a trading company.This November report reveals that an $8 billion hole in the FTX balance sheet led Sam Bankman-Fried’s empire to collapse. After that FTX declared bankruptcy on November 11, and SBF left his position as CEO.

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2022-12-08 20:03:00 Sam Bankman-Fried probed over Terra-LUNA crash: report

Federal prosecutors are reportedly investigating Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX.com, for possible market manipulation that led to the Terra-LUNA crash in May, according to the New York Times.U.S. prosecutors in Manhattan are examining the possibility of Bankman-Fried for manipulating the price of failed algorithmic stablecoin TerraUSD (UST) and its sister token LUNA, to benefit the two companies he founded, FTX and its brokerage arm, Alameda Research, two unnamed people familiar with the matter told the New York Times.The investigation is reportedly still in its early stages, and it’s still unclear whether the prosecutors have determined any wrongdoing from the embattled founder.

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2022-12-07 20:25:10 Terra (LUNA) Founder Do Kwon Spotted in Europe, Tells Police ‘Show Up If You Dare’

The disgraced leader of the fallen TerraForm Labs, Do Kwon, is no longer in Singapore, according to South Korean authorities. Do Kwon had his passport revoked after the South Korean government gave him 14 days to surrender, making it extremely difficult to cross borders.After a lengthy cat-and-mouse game, he is now residing somewhere in Europe as an illegal immigrant, according to the Korean authorities. In addition, the self-proclaimed TerraForm Labs insider FatManTerra reported that the police gathered valuable evidence, including a recorded phone call where Do Kwon ordered TerraForm Labs staff members to manipulate the price of Terra (LUNA).

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2022-12-06 23:14:00 S.Korean prosecutors mull second request of arrest warrant for Terra cofounder Daniel Shin

South Korean prosecutors investigating the collapse of Terra-Luna are mulling another request for the issuance of an arrest warrant for Terraform Labs Pte. Ltd., cofounder Daniel Shin and seven others, after the local court dismissed an initial request last Friday.“It is difficult to accept that the [court] dismissed the warrant to guarantee the rights of suspects who took astronomical amounts of profits while acknowledging the heavy burden of the crime against innocent investors,” Choi Sung-kook, prosecutor at Seoul Southern District Prosecutors’ Office told Forkast via text message.On Dec. 2, Seoul Southern District Court’s presiding judge of warrants Hong Jin-pyo reviewed the arrest warrant on eight Terra associates that the prosecutors requested on Nov. 29.

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2022-12-05 23:03:01 Terra Classic gains 12% in a day adding $100 million to LUNC’s market cap

After losing momentum in recent weeks, the price of Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is recording sustained gains despite the general crypto market consolidating. By press time on December 2, LUNC was changing hands at $0.000182, representing a gain of about 12% in the last 24 hours. Despite starting the week trading sideways, LUNC’s weekly chart shows the token peaked at $0.00019, up a further 14% across the last seven days.Before the latest rally, LUNC price had corrected after the FTX cryptocurrency exchange debacle hit the market. However, the asset’s technical analysis is bullish, with a summary going for a ‘buy’ at nine on the daily gauges. Moving averages are ‘neutral’ at one, while oscillators are for a ‘buy’ at three.

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2022-12-04 23:02:59 TRON Unfazed By Decreasing Volumes, Tallies $1 Billion In USDT Inflow

TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement.According to the latest information provided by Coingecko, at the time of this writing, TRX is trading at $0.053957.TRON, currently the 17th largest crypto asset in terms of overall valuation with a market cap of $4.97 billion, has already gone down by more than 12% on its month-to-date (MTD) performance.

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2022-12-03 21:41:01 South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon's former associates

Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform. A judge with the Seoul Southern District Court has reportedly set aside arrest warrants for Terra co-founder Shin Hyun-seong. According to an Dec. 3 report from South Korea’s Yonhap News Agency, Judge Hong Jin-Pyo said there was little risk of Shin or the Terra associates destroying evidence related to the case against the crypto firm, and dismissed warrants that the Seoul Southern District Prosecutors Office issued on Nov. 29. The report added that Terra co-founder Do Kwon, also facing legal action in South Korea for his role in the firm’s collapse, was unlikely to return to the country.

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2022-12-02 22:52:00 Terra Classic Spikes 17% After Binance Burns Over 6B LUNC

Binance burned $1 million worth LUNC tokens by sending them to a dead address. The transaction indicated a fee of 12.77 million LUNC. With this latest burn, Binance has incinerated almost 20 billion LUNC tokens till data. Tokens are permanently removed from circulation by transferring them to a burn address, a wallet from which they cannot ever be retrieved. A project reduces the overall supply of tokens by burning them down causing a deflationary event. Tokens decrease in value when their supply declines and they become more rare, which makes them appreciate in value.

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