Do Kwon sentenced to 15 years for Terra/Luna fraud
Terraform Labs founder Do Kwon has been handed 15 years in prison for his role in the $40B collapse of the Terra/Luna ecosystem.
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Terraform Labs founder Do Kwon has been handed 15 years in prison for his role in the $40B collapse of the Terra/Luna ecosystem.
Read more (2 min) →It's claimed that Milojko Spajić made a deal with Do Kwon to buy millions of dollars of Terra/Luna tokens for a Bulgarian-based hedge fund.
— FTX, Jane Street
Researcher Igor Igamberdiev claims Jane Street largely contributed to the depegging of UST and Terra's collapse -- but did it mean to?
Terraform Labs founder and fugitive Do Kwon has country-hopped to Serbia, where circumstances are friendlier to those 'on the run.'
After resigning his job as Health Secretary for breaking lockdown rules, Hancock is using crypto to reinvent his political image.
After the collapse of Do Kwon's "20% APY” Anchor protocol, attention is turning to those who did business with Kwon. Step forward Celsius.
— Basis Cash, Kwon
CoinDesk revealed failed algorithmic stablecoin Basis Cash was created by Terra's Do Kwon and BitClout's Nader Al-Naji.
— Crypto, Stablecoin
Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.
Do Kwon is the founder of Terra, a DeFi ecosystem with $29 billion in value locked in its protocols. These are the steps he's taken so far.