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Difference between revisions of "LUNA Collapse in May 2022"
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Terraform Labs legal team resigned and the company is using outside counsel.<ref>https://www.theblockcrypto.com/post/147390/terraform-labs-legal-team-resigns-after-ust-collapse</ref> | Terraform Labs legal team resigned and the company is using outside counsel.<ref>https://www.theblockcrypto.com/post/147390/terraform-labs-legal-team-resigns-after-ust-collapse</ref> | ||
South Korea’s government is seeking a $78.5m tax payment from Terraform Labs/Do Kwon.<ref | South Korea’s government is seeking a $78.5m tax payment from Terraform Labs/Do Kwon.<ref>https://n.news.naver.com/mnews/article/015/0004700627?sid=101</ref> Kwon later stated they had no tax liabilities in South Korea.<ref>https://www.theblockcrypto.com/amp/linked/148177/terraform-labs-has-no-tax-liabilities-in-korea-do-kwon-says</ref> | ||
The Seoul Metro Police sought to freeze Luna Foundation Guard assets after finding clues of embezzlement.<ref>https://www.theblockcrypto.com/linked/148253/korean-police-seek-freeze-on-luna-foundation-guard-assets-kbs</ref> | |||
=== Firm losses === | === Firm losses === | ||