South Koreans are particularly angry at Do Kwon and Terra
South Koreans are leading the charge in taking legal action against Do Kwon and Terra, citing heavy investor losses and potential fraud.
Bitcoin24h
$69,334.51-0.47%
Ethereum24h
$2,090.02+2.78%
BNB24h
$651.05-0.24%
XRP24h
$1.43-0.56%
Solana24h
$88.34+3.09%
TRON24h
$0.2773+1.79%
Dogecoin24h
$0.0988+0.46%
Bitcoin Cash24h
$534.43+6.18%
Cardano24h
$0.2756-0.37%
Hyperliquid24h
$31.78-2.72%
Basis Cash: The failed algorithmic stablecoin Do Kwon didn’t learn from
CoinDesk revealed failed algorithmic stablecoin Basis Cash was created by Terra’s Do Kwon and BitClout’s Nader Al-Naji.
Here’s a complete timeline of Do Kwon’s $29B DeFi ecosystem, Terra
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.
-
Lawsuits are piling up against Binance over Oct. 10—by Protos Staff
-
Justin Sun’s alleged ex accuses him of market manipulation, insider trading—by Protos Staff
-
Brock Pierce’s dark and disturbing friendship with Jeffrey Epstein—by Cas Piancey
-
Bitcoin fell below Strategy average buy price overnight—by Protos Staff
-
Binance’s $1B BTC buy fails to win back trust after Oct. 10—by Protos Staff
-
Huione Group head ‘Boss Xi’ reportedly arrested then released—by Protos Staff
-
China executes 11 ringleaders of pig butchering scam compound—by Protos Staff
-
CZ cries FUD as anti-Binance posts flood X—by Protos Staff
-
Trove Markets perpetrator is Chinese crypto scammer, report—by Protos Staff
