$2.08
1H
0.56%$0.0116
24H
-3.79%$0.0819
7D
-9.73%$0.2242
30D
65.6%$0.8239
As per the Seoul Southern District Court, one of those taking the biggest advantage of Terra and speculating on sales was Kernel Labs CEO Kim Hyun-Joong. According to the reports from the authorities, Kim has illegally gained at least 79 billion won ($61 million).
In September, the South Korean government nullified the validity of Do Kwon’s passport.
The $SHEN token is used to offset Cardano’s ADA price fluctuations by covering shortfalls and guaranteeing the Djed collateralization rate.
During the third quarter, CoinShares showed a modest recovery in revenue by delivering a resilient performance despite recent and residual turbulence in the digital asset space.
Terra’s collapse in May has been the most difficult event to happen to crypto this year and firms like Hodlnaut are still feeling the impact.