Legal documents shine an intense spotlight on a Terra shareholder meeting in the days prior to the financial demise.
) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents reveal the liquidation of two South Korean offices and the dissolution of the Terraform Labs Korea corporation in the days preceding the dual currency collapse.
Initially reported by South Korean news outlet Digital Today, the information obtained from the country’s Supreme Court Registry Office highlight that Do Kwon successfully instigated the liquidation of two branches and an entire company. Both the Busan headquarters and Seoul offices were agreed to be dissolved during a general shareholders meeting on April 30, with their demise being actioned on May 4 and May 6, respectively.
The timing of these decisions has raised suspicions within the crypto community due to their potential correlation to the events of the Terra (
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin NewsDays before the collapse of $LUNA and $UST, Do Kwon dissolved Terraform Labs Korea and shut down all offices, official records show. terra crypto cryptocurrency terrausd
Read more »
Galaxy CEO Mike Novogratz Preaches ‘Humility’ Expresses Confidence In Crypto’s Future Despite LUNA/TerraUSD CrashIn his first public comments since the dramatic collapse of dollar-pegged stablecoiin TerraUSD (UST) at its companion token LUNA, previous major backer Galaxy Digital CEO Mike Novogratz is using the loss as an expensive lesson and reminder of crypto’s riskiness and volatility.
Read more »
Almost 100% of Luna Users Are Denying Terra Co-Founder's PlanICYMI: only 8% of $LUNA users somewhat agree with Do Kwon's Terra revival plan LUNA $UST
Read more »
LUNA Meltdown Doomed To Get Worse After Shocking Departure Of Terraform Labs Legal TeamTheir departure follows last week’s unrecoverable downfall of the TerraUSD (UST) stablecoin and native token LUNA.
Read more »
Mike Novogratz Breaks His Silence on LUNA Collapse.novogratz believes that crypto is here to stay despite the implosion of one of the biggest blockchain projects
Read more »