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

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

The upcoming comedy film “Heartman” (literal title) has unveiled more stills of Kwon Sang Woo! “Heartman” follows Seung Min ...

The judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before ...

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...

The sentencing is the final fallout from 2022, when Kwon’s stablecoins TerraUSD and Luna both suddenly collapsed in value, ...

Kwon co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies. Read more at straitstimes.com.

Cryptocurrency Terraform Labs co-founder, Do Kwon, has been sentenced to 15 years in prison by a district judge in New York.

Do Kwon was sentenced to 15 years for fraud tied to the TerraUSD/Luna collapse, which wiped out about $40B in 2022.

The world of cryptocurrency is often likened to the Wild West unregulated, unpredictable, and full of brave pioneers. Among these ...

Google has launched Disco, an experimental AI-first browser that turns browsing activity into custom web applications, as it ...