Terraform Labs founder Do Kwon transferred $7 million (KRW 9 billion) to a law firm in South Korea just before his company’s high-yielding stablecoin Terra and its companion token Luna collapsed last ...

Luna is worth less than two cents, losing 99% of its value amid a broad decline in the cryptocurrency market. The coin is linked to TerraUSD, an algorithmic stablecoin that's in the spotlight this ...