Do Kwon, the cryptocurrency entrepreneur who was responsible for the crash of two digital currencies, TerraUSD and Luna, which resulted in a loss of over $40 billion last year, has been arrested and charged with fraud by US prosecutors. South Korean prosecutors have also announced their intention to seek Kwon's extradition, as he is facing criminal charges in the United …
Seoul: Do Kwon, founder and CEO of Terraform Labs that wiped out investors' money worth $40 billion, is now wanted by Interpol which has issued a red notice for him. South Korean prosecutors have requested Interpol's assistance to trace the whereabouts of Kwon, the wanted founder of Terraform Labs accused of fraud following the massive collapse of the firm's cryptocurrencies …
Taipei, Taiwan – As the crypto winter deepened this month, one wealth-destroying event – the collapse of the TerraUSD and Luna coins – has brought the human cost of unstable cryptocurrency projects to the surface. “I was actually thinking that I would be able to make enough money to pay my home off, but instead, I’ve lost everything.” The incident …
