The Singapore police launched an investigation against Terraform Labs and its founder Do Kvon, writes Bloomberg with reference to the email received from law enforcement agencies. The Singapore Police report says that the head of the Terra project is now not in the country, his exact location is unknown. The native of South Korea Kwon...
Luna
SEC Accused the Creator of the Collapsed Stablecoin Ust of Fraud
A US regulator has sued blockchain platform Terraform Labs and its founder Do Kwon, alleging they raised billions of dollars from investors by selling securities to them under the guise of cryptocurrencies. The US Securities and Exchange Commission (SEC) has accused Terraform Labs and its founder Do Kwon of running a multi-billion dollar fraud scheme....