Do Kwon says money isn’t his thing amid claims he pocketed $3B in crypto
The UST co-founder was accused of siphoning off $2.7 billion in 33 monthly withdrawals of $80 million each.
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The UST co-founder was accused of siphoning off $2.7 billion in 33 monthly withdrawals of $80 million each.
Read more (2 min) →— 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.