Kwonzi Scheme 2: Do Kwon Gets Indicted For Fraud As Interpol Confirms His Arrest
Do Kwon, the crypto tycoon behind the high-yielding stablecoin TerraUSD and its companion token Luna, which collapsed last year and
Read more
Terra
Take Kwon Do: DOJ Probes Terra Stablecoin Collapse
According to persons familiar with the situation, the Justice Department is examining the collapse of the TerraUSD stablecoin that occurred
Read more
South Korea Asks To Put Terra Co-Founder On Red Notice, Do Kwon Says He’s “Not On The Run”
South Korean authorities have asked Interpol to put Do Kwon, co-founder of the defunct Terraform Labs, on red notice–a measure
Read more
Terra Co-Founder Do Kwon Gets Arrest Warrant For Stablecoin’s Fall
A South Korean court issued a warrant of arrest for Do Kwon, co-founder of the defunct Terraform Labs. The crypto
Read more
Janet Yellen Renews Call For Federal Regulatory Framework For Stablecoins… Again
US Treasury Secretary Janet Yellen once again reiterated the call to put stablecoins under a regulatory framework. The government’s chief
Read more
Binance Is Being Sued For The Not-So-Stable Stablecoin Terra USD
For advertising TerraUSD as “safe” given its dollar peg, Binance is being sued by an American investor following the stablecoin’s
Read more
What Did Do Kwon Do? CEO Allegedly Cashed Out US$80 Million Each Month Before Terra Crash
Terraform Labs employees have reportedly confirmed to the US Securities and Exchange Commission that its co-founder and CEO Do Kwon
Read more
Terra 2.0: The Blockchain That Lost US$60 Billion Is Back, Loses 68% On First Day
When someone causes investors to lose up to US$60 billion, you’d expect authorities to put prohibitive measures to keep it
Read more
Terra Stablecoin Issuer Allowed Crypto Whales to Cash Out Ahead of Collapse
It appears that last week’s implosion of the Terra blockchain may not have left all investors holding the bag— the
Read more
Terra Blockchain Temporarily Halted Amid Implosion of LUNA, Terra
Evidently, not all crypto is as decentralized as claimed. It was announced this morning that following total carnage within the
Read more