Do Kwon


Finance

Prosecutors Raid 7 Korean Exchanges Amid Terra Probe: Report

Seven exchanges and eight other addresses have been raided in connection to the Terraform Labs fraud investigation.

The offices of Bithumb and six other South Korean crypto exchanges were reportedly raided by investigators. (Shutterstock)

Finance

Binance.US Accused of Misleading Investors in Class-Action Lawsuit Over Terra

More than 2,000 investors are a part of the class-action lawsuit.

Credit: Shutterstock

Videos

Do Kwon Loses Appeal; India’s Crypto Pirate Warning

Do Kwon, Terra lose in court against US SEC.India’s chief economic advisor compares crypto to world of Caribbean pirates.Circle’s head of policy calls CBDCs a ‘preposterous idea’. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finance

Terraform Labs Loses US Appeal Over SEC Subpoena

The court found that the SEC followed its own rules on serving subpoenas.

Terraform Labs CEO Do Kwon. (CoinDesk TV, modified)

Finance

Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe

Se ha iniciado una investigación a Terraform Labs de Do Kwon por supuesta malversación de bitcoin de la compañía.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Finance

Terraform Labs Probed for Alleged Bitcoin Embezzlement Following UST Collapse: Report

South Korean authorities are investigating, saying the implosion affected about 280,000 citizens.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Learn

The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA

A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.

(Zoltan Tasi/Unsplash, modified by CoinDesk)

Videos

UST’s Design Flaws and Red Flags

In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.

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Opinion

Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse

The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.

TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)

Videos

Do Kwon’s Taxing Questions; China’s Underground Mining

Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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