Do Kwon Crypto Fraud
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Crypto Mogul Do Kwon Sentenced To 15 Years In $40 Billion Fraud
The 34-year-old's Terraform Labs created a cryptocurrency called TerraUSD that was marketed as a "stablecoin," a token that is pegged to stable assets such as the US dollar to prevent drastic fluctuations.
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US SEC Agrees to Delay Terraform Labs' $40-Billion Crypto Fraud Trail for Do Kwon's Extradition
The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend.
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Crypto Mogul Do Kwon Sentenced To 15 Years In $40 Billion Fraud
The 34-year-old's Terraform Labs created a cryptocurrency called TerraUSD that was marketed as a "stablecoin," a token that is pegged to stable assets such as the US dollar to prevent drastic fluctuations.
-
US SEC Agrees to Delay Terraform Labs' $40-Billion Crypto Fraud Trail for Do Kwon's Extradition
The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend.
