Do Kwon


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)

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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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Markets

Hashed Wallet Takes $3.5B Hit, Delphi Digital Discloses Loss After Terra's LUNA Collapse

Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.

Destruction of a planet (Lucasfilm)

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Opinion

Let Terra Die

Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Videos

China’s Mining Re-Emergence; Terra Community Wants Answers

Study shows China accounts for 21% of Bitcoin mining hashrate despite ban. Indian financial watchdog warns against celebrity crypto endorsement. Do Kwon’s lack of answers frustrates Terra’s UST and LUNA investors. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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