Do Kwon orchestrated a $40 billion fraud, leading to 2022 crypto crash ...

The European Union Agency for Law Enforcement Cooperation or Europol, the law enforcement agency of the European Union (EU), ...

Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...

Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s ...

The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.

Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading ...

As Kalshi’s trading volume surpasses Polymarket’s, it will now offer prediction market access to Phantom’s 15 million users ...

Cathie Wood’s Ark Invest bought $11 million in Robinhood shares.

Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.

The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.

A federal judge in New York has sentenced Do Kwon, the former CEO of Terraform Labs, to 15 years in prison for a scheme that ...

In August, Do Kwon pleaded guilty to conspiracy to defraud and wire fraud and apologised for his actions.