Vitalik says Ethereum’s independence depends on better decentralized stablecoins, citing risks from USD pegs, oracles, and ...
The Terra ecosystem’s collapse in May 2022 is one of the most shocking occurrences in cryptocurrency history. It wiped out around $45 billion in market capitalisation in just a few days and set off a ...
Do Kwon, the disgraced founder of Terraform Labs, has reportedly been sentenced to serve 15 years in prison for his alleged role in the spectacular collapse of the Luna tokens, a catastrophic incident ...
New York (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old ...
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial ...
U.S. District Judge Paul A. Engelmayer, who pronounced the sentence, slammed Kwon for repeatedly deceiving investors who had invested their life savings with him, according to Reuters. The judge ...