Category: Kwon, Do

Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years

Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Crypto Entrepreneur Who Caused 2022 Market Crash Pleads Guilty to Fraud

Do Kwon, who created the Luna and TerraUSD cryptocurrencies that collapsed in 2022, pleaded guilty to two counts of fraud, capping a spectacular fall from grace.
Do Kwon, Crypto Fugitive, Led a Very Public Life While on the Run

The New York Times – Business:
Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States.
TikTok’s C.E.O. Struggles to Make his Case in Washington

The New York Times – Business:
Lawmakers interrogated Shou Chew over the video app’s ties to the Chinese government in a hearing that suggests the company’s problems are far from over.
Crypto Fugitive Do Kwon Is Arrested in Montenegro, Authorities Say

The New York Times – Business:
Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was headed to Dubai, Montenegro’s Interior Ministry said.
Crypto Wants Its Shine Back

The New York Times – Business:
After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.
Authorities Step Up Their Crypto Crackdown

The New York Times – Business:
A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally.
Elon Musk Takes a Shot at Dr. Anthony Fauci on Twitter

The New York Times – Business:
The Twitter owner has taken shots at targets like Dr. Anthony Fauci, the nation’s chief immunologist, in moves that may appeal to the right, but not advertisers.