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Terra's LUNA Tokens Fall Steeply on Do Kwon's Alleged Arrest

Kwon was reportedly arrested in Montenegro earlier on Thursday.

Diperbarui 9 Mei 2023, 4.11 a.m. Diterbitkan 23 Mar 2023, 1.37 p.m. Diterjemahkan oleh AI
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Terra blockchain's native luna tokens fell 8% amid reports of founder Do Kwon allegedly getting arrested in Montenegro, according to a tweet by Filip Adzic, the country's minister of interior.

Adzic's tweet said the person was suspected to be Do Kwon and the government is trying to confirm the identity.

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Traders reacted immediately to the reports. LUNA fell 10 cents from $1.40 at writing time on Thursday. Luna Classic tokens dropped just 3.7%, according to data from CoinGecko.

Read more: Do Kwon Arrested in Montenegro: Interior Minister

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Protocol Research: GoPlus Security

GP Basic Image

Yang perlu diketahui:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.

Yang perlu diketahui:

  • Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
  • The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
  • The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.