Do Kwon sentenced to 15 years in prison tied to $40 billion Terra crypto collapse

2025-12-12 01:07

Do Kwon receives 15 years in prison for his role in the Luna crash sentencing, following the $40B collapse of the Terra ecosystem. The post Do Kwon sentenced to 15 years in prison tied to $40 billion Terra crypto collapse appeared first on Crypto Briefing. origin »

Emerald Crypto (EMD) на Currencies.ru

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crypto collapse prison terra kwon years tied

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Terra – A ‘Pyramid Scheme’ – Threatens The Crypto Ecosystem, Billionaire Says

The cryptocurrency industry is currently digesting the rise and fall of Singapore-based Terraform Labs’ network token Terra (LUNA) and stablecoin TerraUSD (UST). Following the unexpected collapse of almost $45 billion in market value over the course of a week, much has been made about the project’s architecture, namely its supposedly defective algorithm, which was led […]

2022-5-19 20:20


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Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework

The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […]

2022-5-13 13:39


Highlights from 2021: The Year of Crypto

2021 will be remembered as a year when we defied the odds.  We lost hope in traditional financial systems that failed us for decades. We just couldn’t see it. With the pandemic and collapse of institutions, it has become crystal clear that inflation is not so “transitory,” and monetary policies of governments are not suited […] The post Highlights from 2021: The Year of Crypto appeared first on ItsBlockchain.

2021-12-31 10:13