Do Kwon, Terraform Labs Charged With ‘Orchestrating Multi-Billion Dollar Crypto Asset Securities Fraud’
The Securities and Exchange Commission said Thursday it has charged crypto entrepreneur Do Kwon, and the firm he co-founded called Terraform Labs, “with orchestrating a multi-billion dollar crypto asset securities fraud.” The collapse of Terraform Labs last year wiped out about $40 billion (roughly Rs. 3,31,166 crore) of investors’ money and shook global crypto markets. … Read more