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⇓ Terra Coin's Journey through a Gauntlet of Controversies

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Terra Coin's Journey through a Gauntlet of Controversies
Terraform Labs, the company behind Terra, has faced significant upheaval recently, notably dealing with a bankruptcy hearing and answering to a fraud case against its CEO Do Kwon. The company has paid a heavy fine to the SEC and also has had to sell assets as part of its bankruptcy procedure. The fate of the company's LUNA and LUNA Classic (LUNC) coins has thus been up for some speculation, with price predictions fluctuating and some delisting warnings from exchanges. However, the company continues to make moves for growth, notably with a Tax2Gas upgrade and a series of proposals for LUNC's future. Meanwhile, the crypto community remains split in its opinion on Terra's coins, while Do Kwon himself faced the possibility of extradition tied to TerraUSD and Luna's collapse.

Terra Coin News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Wed, 28 Aug 2024 23:30:23 GMT - Rating -8 - Innovation 3 - Information 6 - Rumor -1

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