After Terra, Luna crashes, regulators count cost of crypto Spectacular collapse of stablecoin puts focus on regulatory frameworks in South Korea and Singapore. Al Jazeera · May 20, 2022
Terra (LUNA) Founder Do Kwon Faces $78M Fine For Tax Evasion Terra (CRYPTO: LUNA) founder Do Kwon has reportedly been ordered to pay 100 billion won or $78 million in taxes by South Korea’s National Tax Service. Benzinga · May 19, 2022
Terra (LUNA) Founder Do Kwon Summoned By Korean Lawmakers As Legal Team Quits South Korean lawmakers have reportedly summoned Terra (CRYPTO: LUNA) founder Do Kwon to appear before Congress and testify on the subject of TerraUSD’s (CRYPTO: UST) collapse. Benzinga · May 18, 2022
Critics see risk in ‘algorithmic’ stablecoins WASHINGTON — A new type of digital asset called an algorithmic stablecoin is gaining steam among crypto-enthusiasts — and drawing steam among critics, who warn its risks are in plain sight. Tribune News Service · May 3, 2022
Critics see risk in 'algorithmic' stablecoins - Roll Call Experts see risks in algorithmic stablecoins that market incentives to maintain a stable price against a currency such as the dollar. Roll Call · May 3, 2022
What is Terra? What is Terra? Your guide to the hot cryptocurrency Terra crypto, overseen by Terraform Labs, is a stablecoin that is intended to track the U.S. dollar. Fortune · Jul 16, 2021