Tag: Do Kwon

For months, cryptocurrency traders have been plagued by a ghost in the machine. Every morning, almost like clockwork, Bitcoin would suffer a sudden, brutal sell-off right around 10:00 a.m. Eastern ...

Do Kwon, the South Korean entrepreneur behind the Terra cryptocurrency collapse, was sentenced to 15 years in prison Thursday for what a federal judge called an "epic, generational" fraud. U.S. ...

Terraform Labs co-founder Do Kwon will be sentenced Thursday in Manhattan federal court for his role in the $40 billion collapse of the TerraUSD stablecoin, with prosecutors seeking at least ...